Tips and recommendations 

What do you say when someone asks how much something costs?

Leia Doyle

What do you say when someone asks how much something costs?

Just say, “You know, talking about the cost of things really makes me feel uncomfortable so since I consider you a friend, I am going to avoid that discomfort. I just don’t want to talk about money.” Then have a different subject ready and immediately plow into a new subject to avoid a different kind of discomfort.

How do you negotiate a price?

As you’re in the process of bargaining with a salesperson, these are some strategies and tricks you can use to lower the price.

  1. Ask for a Deal on Multiple Items.
  2. Point Out Defects.
  3. Show Disinterest.
  4. Be Assertive.
  5. Be Willing to Walk Away.
  6. Show Hesitation.
  7. Be Comfortable With Silence.
  8. Make Them Set the Price.

What is the customer willing to pay?

Willingness to pay (WTP) is the maximum amount an individual is willing to hand over to procure a product or service. The price of the transaction will thus be at a point somewhere between a buyer’s willingness to pay and a seller’s willingness to accept.

How do you determine the customer willingness to pay?

Here are four methods you can use to estimate and calculate your customers’ willingness to pay for your products or services.

  1. Surveys and Focus Groups. One of the surest ways of determining your customers’ willingness to pay is to ask them.
  2. Conjoint Analysis.
  3. Auctions.
  4. Experiments and Revealed Preference.

Is it rude to ask how much someone paid for something?

It can be very rude and unbecoming of the asker. It is OK to ask, though, based on two things: your relationship with the person, and if you plan to purchase that item yourself. But if you don’t plan on purchasing the item, then it can come across as nosy or as if you’re being comparative.

What do you say when someone asks how much you pay for your house?

Here’s What to Say When a Nosy Friend Asks How Much Your House Cost

  1. USE YOUR SPOUSE FOR BACKUP: “Jim and I decided that we wouldn’t talk about the price.”
  2. KEEP IT LIGHT: “How much did we pay? More than I would have liked!”
  3. TELL THE TRUTH: “I’m sorry, I’m not really comfortable talking about the cost.”

How do you find the maximum price willing to pay?

Maximum price willing to pay – Market price = $20 – $10 = $10. Consequently, using the extended formula we get, Consumer Surplus = ½ * 30 * $10 = $150.

How do I get willingness to pay?

Why is it rude to ask about salary?

Why is it considered rude to ask someone’s income? Basically it’s a ruse to prevent income transparency which is the prerequisite of income equity.

Is it rude to ask how much someone’s house is worth?

Consider a recent survey of more than 500 homeowners nationwide conducted by Branded Research with realtor.com®, which found that a firm majority—70%—think it’s fine to inquire about a home’s purchase price. So if your curiosity is killing you, go ahead and ask; most home buyers won’t mind filling you in.

Why is it rude to ask how much a house costs?

Yes, it’s rude. In the two examples you cited, it’s fairly straightforward to find the price of the item in question. So what you are really asking is whether this person is a chump, and if they negotiated a good price or not.

How do you negotiate a price politely?