Market day in Pisac was both fun and a little scary--you see, my wife loves to shop, and I have found myself with large bills after an afternoon of uncontrolled shopping. However, in this little village in the middle of the Scared Valley, things were a little different. Everything was cheap, if you wanted it to be. In these markets nothing was what is seems and everyone is expected to bargain the price and if you are really good at it you can get the prices quite low. Luckily for me, my wife was really good at and we came away from the markets with lots of Christmas presents for not a lot of money.
What they had: pottery, Incan art, flutes and other instruments, purses, handbags, tablecloths, shirts, sweaters, and much more.
Alpaca warning: Many shops will try to sell you baby Alpaca sweaters which look and feel really great but at these outside shops you need to be cautious. When someone tries to sell you baby Alpaca, think to yourself, "Maybe" Alpaca, because most of the sweaters sold on the streets will only be about 5% Alpaca. If you really want an Alpaca sweater, go to a shop in Cusco; they should be upwards of $70 if they are real. If you really like the Maybe Alpaca sweater, you can still get it; you should be able to bargain it down to $10-$12 dollars, and at that price, even Maybe Alpaca is pretty good. (Real Alpaca will not be fussy.)
Bargaining tip: Go back and forth with the merchant on price. Always stay very low. Get them to the point where they say they won't go any lower and start to walk away. They will ALWAYS go down, because they want to make the sale more than anything.