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Three Types Of Cash Price Payment Arrangements When Shopping In India
24-02-2009
Unless you plan to shop in upscale malls and international boutiques, consider stashing your international credit cards inside your wallet or bag. You'll want to bring with you a wad of local currency bills and enough coins for loose change to get your way around India as smoothly as possible. As with most destinations you have visited as a tourist, expect a number of cash price payment arrangements in places when you go shopping in India. These arrangements are usually tied with the kind of area you're hovering about: market, airport, mall or souvenir shops. Check out the list to find out what these price payment arrangements are.
• FIXED PRICE. This price arrangement is the one you're most accustomed to: You pay the exact price of the product, as advertised in the price tag or sticker. When you hand in some bills whose value is greater than the selling price, expect to receive the change you're entitled to.
Duty-free shops inside the international airport do not charge taxes at all; at times, all that is needed is to present your passport to the cashier as well as your boarding pass or flight ticket; at other times, the presentation of such proofs are even unnecessary. The same fixed-price payment arrangement applies to India's malls. Whether you shop in the Centre Stage Mall, Spencer Mall or the Great Indian Place, enjoy the hassle-free convenience that a fixed price payment arrangement has to offer.
• FLUID PRICE. If you're up for a bout of haggling, you'll relish this cash price payment arrangement. Unlike paying the fixed price, this scheme is totally dependent on your effectiveness to pay for a product only on a price that you've suggested. It's not all the time that you get your way, however. If you really like the product and if the seller appears firm with his haggled price, you may have to reach a compromise.
You can find this arrangement in most stalls and market areas that are frequented by locals and backpacking tourists who are on a cheap budget. Because merchants expect some haggling to take place, they usually sell their merchandise at a cost that is significantly higher than, or typically double the cost of the actual selling price. Having an Indian friend negotiate for you will help you get the most value for your money.
• TOURIST PRICE. Whether you like it or not, some double standard does exist in the Indian market. Locals will always view you, the foreign tourist, as “the rich one.” As such, they will almost always sell their wares to you at a higher rate. This type of price payment arrangement applies to both fixed and fluid prices.
For instance, souvenir shops inside the airport will typically sell the same item which you can find in cheap market stalls outside at a conveniently higher and more commercialized price. Likewise, no matter how experienced a haggler you are, a local will most likely get the better deal if he were to take your place. Do not let this double standard affect you, however. With very few exceptions, the prices in India are a steal. When you pay for your items, be happy and dwell in the thought that you're actually supporting India's tourism industry.
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