Best way to bargain the price? Beginning high then down?
Post 1 of 295
How to give a good quotation to buyer?
Is it a good idea to bargain with the buyers? Beginning with high price,then down and down after discussion. while someone would like to give buyers a no-modifiable price when they meet first.what price stratagy should be taken?
I hope people could give their opinions and speeches with deep consideration,thanks!
Is it a good idea to bargain with the buyers? Beginning with high price,then down and down after discussion. while someone would like to give buyers a no-modifiable price when they meet first.what price stratagy should be taken?
I hope people could give their opinions and speeches with deep consideration,thanks!
18 Jan 2006 19:32
Post 2 of 295
Replying to [charliewillbe]:
I think the best way is to calculate your costs very well put a markup that is considerable.then give a quote. as currently there so many people who are in business you might give a qoute thinking the buyer will bargain and then your competitor gives a proper quotation and you lose on that.
Tony thangwa
I think the best way is to calculate your costs very well put a markup that is considerable.then give a quote. as currently there so many people who are in business you might give a qoute thinking the buyer will bargain and then your competitor gives a proper quotation and you lose on that.
Tony thangwa
14 Nov 2006 01:12
Post 3 of 295
Replying to [charliewillbe]:I think different country should use different price stategy.
but base on the product's cost at first.
but base on the product's cost at first.
14 Nov 2006 16:46
Post 4 of 295
Replying to [Elva]:
What I do is work out the cost myself then add a margin for the manufacturer. Then I email to 6 of my regular factories. Then we meet if agreed then if agreed they produce a sample and we than sit down with the winner and negotiate final price and terms.
We all can shop till we drop, but I believe in working with the manufacturers as my partner, as that way if any problems arises then they will be easy to resolve.
Cheers,
Bert
What I do is work out the cost myself then add a margin for the manufacturer. Then I email to 6 of my regular factories. Then we meet if agreed then if agreed they produce a sample and we than sit down with the winner and negotiate final price and terms.
We all can shop till we drop, but I believe in working with the manufacturers as my partner, as that way if any problems arises then they will be easy to resolve.
Cheers,
Bert
15 Nov 2006 04:50
Post 5 of 295
Focus on quality, service and price. Too many companies focus on a cheap quote and then change everything later and siappoint the customer. They also feel obligated to a lower price and lower profit, cut corners and lose motivation to complete the delivery like the shipping paperwork. Only offer what you can handle.
There is only so much money in the economy and if you burn a first time buyer then they will retreat and they will lose their money and profit and as such that money will be out of circulation.
Bad deals are bad for the world as a whole due to loss of human spirit and environmental damage.
There is only so much money in the economy and if you burn a first time buyer then they will retreat and they will lose their money and profit and as such that money will be out of circulation.
Bad deals are bad for the world as a whole due to loss of human spirit and environmental damage.
15 Nov 2006 07:15
Post 6 of 295
Replying to [regaltech]: I fully agree your idea---no matter whom they are, to be honest. I met a German recently , he needs switches, urgently, and there are a lot of companies quoted him.
17 Nov 2006 19:48
Post 7 of 295
No matter dealing business or being a man , we always should be honest. No matter kids or the older , treat the same !
17 Nov 2006 19:51
Post 8 of 295
Replying to [charliewillbe]:I suggest my opinion to give best quotation by follow: 1.give the right description of product & specification 2.volume of the product 3.date of your quotation 4. validity 5.delivery time 6.delivery place 7.payment terms 8.shipping instruction 8.your company full detail address 9.bank a/c references 10. unit price/product 11. total price of product 12. estimator sign & 13.customer sign place
Very important, make your exact cost of your product like material, machine, labour etc. & add small amount of profit.Now, give your quote to customer, sure 98% there is possiblity to win.
I wish you to give best quotation to your customer!
Very important, make your exact cost of your product like material, machine, labour etc. & add small amount of profit.Now, give your quote to customer, sure 98% there is possiblity to win.
I wish you to give best quotation to your customer!
18 Nov 2006 03:56
Post 10 of 295
Replying to [charliewillbe]:the best quotation is as competative as possible with little bargain accomodation in hand. the quotation should be with details of quality you are going to supply the buyer should understand your price.
18 Nov 2006 08:32
Post 11 of 295
Replying to [charliewillbe]:
The Bet way is to win your buyer's interest first, give him the full assurance that you can deliver, then you give him the best price considering all factors, current currency exchange , and other viable factors that you think is neccessary then proceed to normally with high price then both of you begins negotiations.
Business is all over negotiation. If you are good in negotiation, then you win the heart of your customer.
The Bet way is to win your buyer's interest first, give him the full assurance that you can deliver, then you give him the best price considering all factors, current currency exchange , and other viable factors that you think is neccessary then proceed to normally with high price then both of you begins negotiations.
Business is all over negotiation. If you are good in negotiation, then you win the heart of your customer.
18 Nov 2006 10:10