08-18-2011, 03:48 PM
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#2
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evil of fart
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Low-balling has saved me tens of thousands over the years. I low ball on everything.
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08-18-2011, 03:51 PM
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#3
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Playboy Mansion Poolboy
Join Date: Apr 2004
Location: Close enough to make a beer run during a TV timeout
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Furniture has some pretty big margins; especially mattresses.
Keep in mind that bigger ticket items will also have more room for them to move. A $2500 sofa set will have a real cost to the store of around $1200. They will have a "cost" price in the computer of something around $1900. This is really a "cost plus" so that sales people think that's what it really costs the store. While the $1200 price may not include shipping from the factory; it really is their bare cost.
However if you are looking at a $500 sofa; you probably won't get it for less than $400.
The other thing to keep in mind; some salespeople will refuse to take an offer to their sales manager because when they discount they also lose commission. Insist that they present your offer; or ask to speak to the manager yourself.
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08-18-2011, 03:54 PM
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#4
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Lifetime Suspension
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I am looking for a basic bedroom set around a couple thousand - so an offer of 25% off is a reasonable place to start?
I really appreciate the advice Ken, I had no idea there was that much markup on furniture ( I did know about mattresses - funny how everyone seems to know that for some reason).
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08-18-2011, 04:03 PM
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#5
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Monster Storm
Join Date: Apr 2007
Location: Calgary
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I build my own furniture so I offer nothing other than shameless self promotion
__________________
Shameless self promotion
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08-18-2011, 04:16 PM
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#6
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Franchise Player
Join Date: Oct 2006
Location: Calgary
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As someone who has worked in a furniture store before, their break even cost is about 35-50% of the retail cost. Typically interior designer discounts are 20 or so % over sale costs (varies).
Go nuts.
__________________
Fireside Chat - The #1 Flames Fan Podcast - FiresideChat.ca
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08-18-2011, 04:22 PM
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#7
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Voted for Kodos
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You should always negotiate for furniture. Really anything more than a couple of hundred dollars.
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08-19-2011, 09:17 AM
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#8
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First Line Centre
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Furniture is something you should never pay retail for.
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08-19-2011, 09:52 AM
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#9
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Lifetime Suspension
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Thanks guys, really appreciate the comments.
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08-19-2011, 11:28 AM
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#11
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First Line Centre
Join Date: Aug 2009
Location: Sector 7G
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__________________
The Oilers are like a buffet with one tray of off-brand mac-and-cheese and the rest of it is weird Jell-O
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08-19-2011, 11:30 AM
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#12
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First Line Centre
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Quote:
Originally Posted by surferguy
I build my own furniture so I offer nothing other than shameless self promotion 
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So do I. Do you use cardboard and newspaper too?
__________________
FU, Jim Benning
Quote:
GMs around the campfire tell a story that if you say Sbisa 5 times in the mirror, he appears on your team with a 3.6 million cap hit.
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08-19-2011, 12:03 PM
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#13
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Franchise Player
Join Date: Mar 2005
Location: Van City - Main St.
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I bought a new sectional yesterday.
Step 1: Spend a few days researching the type you want. Material, colour, shape, size, where it's made. This will put you into a price range that those types of sofas will be.
Knowledge is power in negotiating.
Step 2: Go shopping. I went to about 8-10 different stores, various online stores with pricing. and wholesale type places that sell sofas out of warehouses without store front overheads.
Step 3 (most important): Make your offer based on comparables. Offers are strongest when they're supported by research and other options. Lets the seller know you're exploring other options, have good reason to walk away if the price isn't right, and why they need to adjust to make this work.
Simply throwing out random offers makes a seller think you really want this product only, don't have other options in mind, and are just throwing out a desperate effort to save yourself some $. You've already emotionally committed to the product.
I love these types of offers when selling houses.
The type of sofa I wanted was ranging from $1500 - $1900 in pretty much every store/website I looked at. I found one place that had it reduced from $1599 to $1188 +HST which was already a great price for the style I wanted.
The guy bring over a piece of paper with $1188 at the top & $1400 at the bottom; the price it comes to with 12% tax and $70 delivery. Asked me what I think is a fair offer between those. I offered $1100 all in, lol.
A couple more back and forths, me requesting the leather care kit, and I ended up at $1148 tax in, shipping in, leather care kit in.
Considering the 8-10 other sofas I looked all were at least $1500 +12% HST to start; I feel pretty satisfied with the price I got. It wasn't a huge move from their sale price, but knowing that it was already priced sharply meant it didn't have to be.
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08-19-2011, 01:01 PM
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#14
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Lifetime Suspension
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Quote:
Originally Posted by Byrns
Reading this thread has made me slap my forehead in shame. 
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Because you have been paying the asking price or because my thread is ######ed?
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08-19-2011, 01:04 PM
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#15
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Lifetime Suspension
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Where would you guys recommend for a decently price king-size bedroom set (6 piece+) ?
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08-19-2011, 01:07 PM
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#16
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Franchise Player
Join Date: Dec 2003
Location: Calgary
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thanks for the thread, I really had no idea you could negotiate things like that.
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08-19-2011, 01:09 PM
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#17
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Scoring Winger
Join Date: Feb 2007
Location: North Pole
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Quote:
Originally Posted by THE SCUD
Because you have been paying the asking price or because my thread is ######ed?
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Probably because of paying asking "sale" price.
TBQH, I've always negotiated when buying cars, but for whatever reason never even thought of negotiating for furniture.
I appreciate the eye-opening thread...
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08-19-2011, 01:14 PM
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#18
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Franchise Player
Join Date: Aug 2005
Location: Memento Mori
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Quote:
Originally Posted by THE SCUD
Where would you guys recommend for a decently price king-size bedroom set (6 piece+) ?
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No idea what your style is, but check out Cricklewood for traditional/transitional, Sojourn for modern, Modern Country for, er, modern country, Birchwood also has a ton of high quality stuff, MacArthur's if you spend money like water (but very traditional). Lazyboy/Kinkaid for modern/cheesy/traditional, Lane for traditional/transitional. Pottery Barn, Restoration Hardware for new-American.
Bracko Brothers is the best for custom furniture.
Chests should have screwed-in backs, no particleboard anywhere, drawers should have English or French dovetails with a spine down the bottom.
__________________
If you don't pass this sig to ten of your friends, you will become an Oilers fan.
Last edited by Shazam; 08-19-2011 at 01:16 PM.
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08-19-2011, 01:18 PM
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#19
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Lifetime Suspension
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Quote:
Originally Posted by Shazam
No idea what your style is, but check out Cricklewood for traditional/transitional, Sojourn for modern, Modern Country for, er, modern country, Birchwood also has a ton of high quality stuff, MacArthur's if you spend money like water (but very traditional). Lazyboy/Kinkaid for modern/cheesy/traditional, Lane for traditional/transitional. Pottery Barn, Restoration Hardware for new-American.
Bracko Brothers is the best for custom furniture.
Chests should have screwed-in backs, no particleboard anywhere, drawers should have English or French dovetails with a spine down the bottom.
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You sir, are my new personal home furnishings consultant.
Mods -feel free to have his custom user title reflect this
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08-19-2011, 01:27 PM
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#20
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Franchise Player
Join Date: Aug 2005
Location: Memento Mori
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My first bit of advice:
Don't take the wife.
__________________
If you don't pass this sig to ten of your friends, you will become an Oilers fan.
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