Really well edited video. Shenzen seems like a crazy awesome place. One thing I noticed was how he would never haggle on the price. He would always accept straight up say yep ok. Either the prices were really good...or being an American he's not so used to the idea of having to haggle the price (or maybe he felt order size was too small to warrant a haggle). However when in Asia always and negotiate, otherwise you're just increasing the prices for the rest of the expats :)
No- under these circumstances you don't haggle. They mostly sell quantity to people they know, they are stopping real business to be polite and do him a favor. Likewise, if you buy 5 switches in SEG, it's going to be like $2 and it's just not the time for it. Source- Shenzhen local.
yes exactly - if you're going to Shenzhen figure out which buildings will sell you 10 and which are really there to sell you 10,000, the market prices to you are already cheaper than what you're used to for most stuff anyway.
If you do need 10,000 you're probably buying reels anyway, there are places that will sell you those, and if you really are manufacturing get a local sourcing agent to help you they will know who sells reliable stuff at a good price
He has commented on that saying that it isn't very common in the electronics markets, particularly for one-offs or low volume. Apparently you can only really start haggling once you're buying 100+ of something.
This isn't your normal Asian market. Most of us are happy that we can even make our clumsy attempts at buying sample quantities without speaking the language nor having a local business. There's little evidence of a "foreigner tax" in effect, if anything you're getting better prices and service because you're a curiosity.
When purchasing electronics haggling isn't really very common. The haggling comes when you buy in bulk. But you're right, if you buy things on a market in Asia; haggle!