Bargaining and haggling in local markets is a favorite pastime for many tourists traveling in foreign countries.
I think the best advice about the bargaining/haggling process was written by Christopher Blin in the book Swimming to Angola. In that book, he wrote:
“1) Think of what they want you to pay- eye level
2) What you want to pay- chest level
3) Where you are after bargaining- somewhere around the neck
4) What the locals would pay- knee to ankle level
5) What they would charge if you forgot to ask the price beforehand -above the top of the head
You win the game if you can keep your transaction within the “strike zone”- from knees to chest.”
If you want some more haggling tips, I think you’ll like the article below.