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Personal finance matters as they pertain to saving money, living within your means and using CalendarBudget to solve your personal finance problems and to manage your money online.

Pressure sales - No Way!

Pressure sales - No Way!

Scenario: We were recently married (and naive), and invited to a "seminar" about vacation packages. We would get a voucher at the end of the seminar for $250 to use at a vacation resort. Sounds great! We can sit through a seminar, no problem. It will be the easiest $250 ever!

Reality: The seminar is a pressure sales situation. The "seminar" part of it lasts only 30 minutes, then they are 1 on 1 with us trying to convince us how great their product is and get us to buy into it. We resist. They start to become a little rude, and lay down guilt trips. Why did we come if we weren't interested? How did our names get on the list? Why are we wasting this salesman's time if we're not going to buy?

We, a young, polite Canadian couple are feeling pretty guilty now. The vacation package *does* sound like a good deal, but we're planning to have children very soon so it wouldn't work too well for us. Maybe it would be ok. The "supervisor" comes to talk to us and gives us a discount. Still we don't budge. Then the "supervisor's supervisor" comes to give the rock bottom price. All original quoted prices are slashed to about 50%, its such a good deal and our guilt is overwhleming, so we cave... and buy. If we don't take the offer before leaving this room, its gone forever.

Now we own a vacation package, that even on the drive home we know we cannot use. After a year, having NEVER used it once and involving lawyers to cancel the contract, we pay a penalty to buy out the contract and have just wasted over $1200 for absoltely nothing (except frustration and heartache).

Lessons Learned:

  1. Our guilty feeling is not worth $1200. In fact its not worth anything.
  2. Don't attend "seminars" that give a free voucher of some prize at the end.
  3. If I do attend, leave my wallet and checks in the car, thus not enabling me to make a purchase even if I want to.
  4. If I feel pressue sales coming from a sales person, give him my policy that I've learned from experience. I don't make purchases on the spot without thinking it over, no matter how good the deal sounds.

These lessons are learned from experience. When I was younger and naive, these pressure sales techniques worked on me. Hopefully you will avoid this problem and learn from my bad experience.

My favorite debt commercial
Celebrating the little things

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Comments

[...] mentioned in a past blog (see Pressure Sales No Way) where my husband and I fell for a money pit vacation package that we quickly realized we [...]

0
[...] mentioned in a past blog (see Pressure Sales No Way) where my husband and I fell for a money pit vacation package that we quickly realized we [...]
Guest - HDTV Calibration : on Sunday, 31 October 2010 04:53

vacation packages that are both cheap and have good itinerary is the thing that i always seek *

0
vacation packages that are both cheap and have good itinerary is the thing that i always seek *
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