(Closed) Negotiating with Venue/Vendors

posted 9 years ago in Reception
Post # 17
Member
403 posts
Helper bee
  • Wedding: February 2014

View original reply
@ivysupersonic: Very good advice, thanks!! 🙂

Post # 18
Member
263 posts
Helper bee

Old thread, but I like it when women know how to negotiate, so a few tips:

* Know what their alternative is – are they likely to book it to another party before the date? Most of the venues in our locale were super popular, so didn’t have much leverage there

* Know your alternatives – are you willing to walk away? What’s your next best option?

* State what you have (or what you’re willing to spend on it)? Take your top price and take 10-20% off of it. Start from there, so you have some breathing room

* Think about both sides of the argument – what do they want, what’s cheap for them to provide, what do you want, combine to see if you can come up with a solution – for example, we knew our venue had certain things that they rented (and basically were free/easy for them to provide, but they were making extra income off of them). We asked for those to be thrown in for free. Don’t hide your cards and be up front about what’s important to you and how they can help you say yes – think of it as a discussion.

* Know when to stop – there’s really no point in haggling for the last couple hundred dollars – the vendor will be stressed and unhappy (and likely less willing to help you down the road) and you’ll be stressed and unhappy. Let them make a bit of profit (they’re running a business) and relax. Everyone will be better for it.

Post # 19
Member
245 posts
Helper bee
  • Wedding: August 2014

There’s some sage advice in here. I’m going to attempt to negotiate a lower rate with our caterer. It has been a little tricky because we are planning our wedding from out of town, so we haven’t had much face-to-face time together. We didn’t even attempt to negotiate with our venue because we loved the space, but figured we would try with the vendor because there are many ways to be flexible if they reject our first proposal.

They’ve asked us if we were comfortable with the price, and we said yes, but recently there have been changes that increased the cost and we aren’t in such a comfortable place. I hope to have some good news and advice to share in the next few days. Wish us luck! Laughing

Post # 20
Member
920 posts
Busy bee
  • Wedding: September 2013

I let my dad do the negotiating.  Not sure how it went down, but we ended up at half price in the end (included food, beverages, rentals, service).  It’s definitely worth negotiating!  Anything that has a price can be negotiated.

Post # 21
Member
1132 posts
Bumble bee

I ask the price and then just flat out tell them my budget. It has worked so far.

My hair and make up artist quoted me $1400, i just simply said ‘my budget is 1000’ and she dropped it right down.

Our band quoted us $2600 and we said our budget is $2000 and they dropped it.

It’s the best way.

 

Post # 22
Member
245 posts
Helper bee
  • Wedding: August 2014

We didn’t have the best luck with our caterer, but we got something. We asked to have our price reduced by 20% and they offered us 7%. We will take it but we are also going to have to modify our menu and and eliminate a few items. (We are going to go with a different company for rentals.) I think if we had gone the route of telling them our budget in the beginning we would have had a more wallet friendly outcome. 

I also agree with 

View original reply
@MissMeowMeow and knowing the alternative companies AND their prices. I’d also add, have a clear idea of the bare bones of what you BOTH want. It will give you a better “ruler” to compare across companies.

 

The topic ‘Negotiating with Venue/Vendors’ is closed to new replies.

Find Amazing Vendors