8 posts tagged pricing

Quantity, Quantity Scales and MOQ

Be precise as possible in your communication with your Chinese vendor. Even when it comes to order quantity in your RFQ
Here are some refreshers on your quantity request when sending in inquiries to vendors in China sourcing. Your initial inquiry sets the stage for supplier buyer interaction. The quantity request portion of your inquiry is a vital part of that inquiry. This may not be the most exciting post...come to think of it, none of my posts are that exciting. ...

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More Practicality When Reviewing Supplier Price Quotes

When errors in suppliers' price quotes go unnoticed, at best you can expect time loss or annoying, surprise price increases. At worst the hidden errors lead to massive mass production headaches.
Price quotes from China require the buyer (if they want to avoid error) to sit down, think about the project, consider what MAY go wrong and formulate questions and scenarios in their minds. This is Part III to the other posts on tackling China supplier quotes and here we go with more glorious practicality....

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A Practical Step in Analyzing Quotations

A practical way to carefully go through quotations from Chinese suppliers.
In the unofficial Part I to this post, I discussed the "mindset in reviewing China price quotes." Now, let's pinpoint a practical step in going over your quotations from offshore suppliers....

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Things to Include in Your China Sourcing Inquiries

China sourcing inquiries should have a structure.
Here are 5 things to include in your China sourcing Inquiries. Some buyers send quickie truncated emails via their iPhone. Some buyers send a nice mockup drawing but with little actual written specifications. Should there be a consistency in your China sourcing inquiries? Or is it no matter how it's done, as long as it gets done? ...

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Price Change Shock in China Sourcing

"Suppliers cannot be trusted; they change the price in the middle of the project!" "They quoted the low price and then did the ol' switcheroo, just to get me in!" These are common laments you may hear from folks who source and import from China. Although there is truth to these statements, it's not the whole truth. With a bit of effort, you can avoid price change shocks....

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A High Price from your China Supplier May Mean…

Do not let a high price quote make you think the vendor is incapable and not worthy of further negotiations. Many importers miss out on opportunities to work with quality suppliers because the buyer perceives their quote to be a high price. To the impatient importer, the high price is immediately classified as a sign of that the vendor is incapable, unprofessional or trying to cheat them. Not so fast. When importing from China, here are some reasons you may be receiving high prices and hopefully these tips will show you  some necessary shifts in your work method......

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Back to the Basics: Payment & Chinese Manufacturing

At the old house, I had a few posts from the "Back to the Basics" series.  Basic info-type posts;  for some it could be new, for grizzled importers, helpful reminders  Here is the newest addition to the series;  Payment and Chinese manufacturing. Does your payment or payment-method (or haphazard payment style) affect your Chinese manufacturing?...

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Promotional Products: A Factory’s Point of View

How do factories in China view promotional products' inquiries and orders? Many moons ago, I was visiting a factory during an order to inspect the production line and assure they were adhering to the delivery schedule; standard procedure.  As my wife and I were speaking with the bosses, they were saying how there is no way they can respect the confirmed delivery time....and they weren't overly concerned about it....

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