1) The first thing travelers should remember is to ask anyone who is familiar with the market about prices. The staff in the hotel, other expatriates or friends in the area for some ideas on items sold in Silk Street including the prices.Sellers take advantage with their merchandise that has internationally known labels even though some are well-made knockoffs. Generally the prices can be reduced to 50% or less of the seller¡¯s price.
2) When haggling, a buyer starts by saying the word ¡°cheaper¡± after the seller quotes a price for a desired item. A buyer should keep saying the same word until the seller gives him a price close to what the buyer has in mind then that¡¯s the time the buyer gives his price. If the seller does not agree then the buyer can start walking away. If the seller calls the buyer back that means that she is agreeing to the price very close to what the buyer wants.
3) Buyers are also encouraged to be patient and smile while bargaining for prices. This will make the seller more open to haggling.
4) Sellers usually use a calculator to show buyers the exact amount while bargaining for prices so there won¡¯t be any misunderstanding. Buyers can also tap the same calculator to show the seller his desired price towards the end of the negotiation.
5) Everyone needs to earn a living so buyers need not get too carried away when haggling so the sellers can earn some to feed their families too
The Silk Street Mall or Xiu Shui Market is directly connected to the Yong An Li (120) line 1 subway station