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Farang pricing

Thursday, January 6th, 2011

Everyone knows farang pay more for everything in Thailand. Here’s the basic formula:

lowest price X 2 = stated price
10% discount if farang tries to bargain
10% discount if farang bargains in Thai language
10% discount for high bargaining skill
10% discount if first sale of the day, or is just plain lucky

If all the above happen the farang can actually get within 10% of the price a good Thai bargainer could get. Bottom line: 20% off stated price is easy, 40% off is hard.

This of course, applies to street vendors and services which involve mostly labor costs. Other places/products typically offer less possibility of saving money, as they tend to have less markup built into them.

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