শনিবার, ৩০ মে, ২০১৫

Price Negotiation Letter to Vendor/Supplier



It is not a contented feeling when you ask a vendor to reduce the price of your buying a product or services. Think back of a time when a customer asked you the same question. Most of us have been on both sides of conversation at some point in our lives. People usually take it as an insult if you tell them that they are asking for too much. It questions their judgment and can bring about a general feeling of resentment.

However, price negotiations need to be done especially if you are buying a bulk quantity even small quantity (depends on the consciousness). Let’s face it; we all know that vendors / suppliers take benefit from economies of scale so technically they shouldn’t be charging too much for the product in question – especially since they are obviously earning a substantial profit.

Things become especially tricky if you are writing a letter to a vendor (and not speaking to him face to face) because this allows for misunderstandings and eventual business relationships issues. But if this form of communication is the only available one, you do not really have a choice.

The tone of letter will need to be decided first; is the vendor you are writing to a new one? Have you been doing business with him for years? This will decide how you want to begin and what you want to write.