In Lima, Peru you will find many markets that offer Inca handicrafts and food items. One of the famous markets in Miraflores is the Indian Market. In this set of shops, you will find fine alpaca throws and shawls, hand-carved wood artifacts and solid silver jewelry and accessories. When purchasing items at this market, the "asked" price should never be the final price. Learning to negotiate in this market takes practice, but can be rewarding once you become more comfortable haggling with the vendors.
Visit the Indian Market and find the article you are searching for. If you are looking for an alpaca throw, find three shops that carry this throw and ask the price.
Visit each vendor individually and ask what their best price is. You will get a feel of which vendor is most open to negotiating.
Find the vendor with the lowest price and tell them you can only afford half of what they are asking. They will start working towards your number.
Take their rock bottom price and take it to the next vendor. See if they will get the price lower than your first vendor.
Pick the vendor who offers the lowest price and purchase your item.
