Internet Alters Bargaining Positions of Buyer and Seller

The Daily Record (Baltimore) (July 09, 2004)

Author: Sofia Kosmetatos
Permanent Link: http://vlex.com/vid/68691794
Id. vLex: VLEX-68691794

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Summary:

The availability of background information on big-ticket items and the ease of obtaining competitive pricing on the Internet have changed the way people bargain for better prices.

And that's where salesmen have to do some fast-talking.

Extract:

Internet Alters Bargaining Positions of Buyer and Seller

Intangibles - unknown to consumers - can affect the price. For instance, a car dealer will take into account the amount of...



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