What should I include in my inquiry to suppliers?

Provide images, size, order quantity, packaging details, and relevant materials.

Why is packaging important in negotiations?

Custom packaging can dramatically affect the price, so it's essential to discuss it early.

How should I approach price comparisons?

Take your time to compare multiple suppliers; the lowest price may not be the best deal.

What can happen if I rush the supplier selection process?

You might end up with a supplier who cannot meet all your requirements, leading to complications.

How can I ensure a good first impression with suppliers?

Your inquiry format sets the tone for future communications, so be clear and detailed.

How To Get The Best Quote From Chinese Suppliers? | 3 Tips You Should Know

00:03:39

https://www.youtube.com/watch?v=_ene-0CbnsI

Résumé

TLDRIn this video, Mandy from EG Sourcing provides three key tips for sourcing products from Chinese suppliers effectively. First, she emphasizes the importance of giving detailed product specifications to suppliers, as vague inquiries may not yield serious responses. Second, she highlights that packaging can significantly affect pricing; thus, discussing branding and custom solutions early on can prevent unexpected costs. Lastly, Mandy advises taking the time to compare various suppliers before making a decision, as the best price does not always equate to the best deal. By following these tips, you can enhance your sourcing experience and foster better relationships with suppliers.

A retenir

📝 Provide detailed product specs to suppliers.
📦 Consider packaging options early to avoid surprises.
🔍 Take your time to compare supplier prices diligently.

Chronologie

00:00:00 - 00:03:39
Mandy from EG Sourcing provides three essential tips for negotiating better prices with Chinese suppliers. Due to the complexities introduced by COVID-19, direct sourcing has become challenging, and inquiries to multiple suppliers often yield varying prices. The first tip emphasizes the importance of providing detailed information when asking for a price, as vague requests may lead suppliers to believe you are just comparing quotes. The second tip focuses on the significance of clear communication regarding packaging needs, as custom packaging can significantly alter pricing and avoid unexpected fees. The final tip suggests taking time to compare prices, warning that the lowest price might not always equate to the best deal, as some suppliers may overestimate their capabilities to win orders. Following these three tips can lead to a more effective sourcing experience.

Carte mentale

Vidéo Q&R

What should I include in my inquiry to suppliers?
Provide images, size, order quantity, packaging details, and relevant materials.
Why is packaging important in negotiations?
Custom packaging can dramatically affect the price, so it's essential to discuss it early.
How should I approach price comparisons?
Take your time to compare multiple suppliers; the lowest price may not be the best deal.
What can happen if I rush the supplier selection process?
You might end up with a supplier who cannot meet all your requirements, leading to complications.
How can I ensure a good first impression with suppliers?
Your inquiry format sets the tone for future communications, so be clear and detailed.

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Sous-titres

Défilement automatique:

00:00:04
hi
00:00:05
this is mandy from eg sourcing today i'm
00:00:08
gonna give you three tips you should
00:00:10
know
00:00:10
in order to get the best possible price
00:00:13
from chinese suppliers
00:00:15
sourcing products directly from china
00:00:18
has become
00:00:18
a very complicated process because of
00:00:21
kovi 19
00:00:23
so most people turn to the internet but
00:00:26
sending inquiry online to multiple
00:00:29
suppliers
00:00:30
will always get dozens of different
00:00:32
prices for the same product
00:00:35
and getting a discount quotation from
00:00:37
online suppliers
00:00:38
is a bit of a hassle in this video
00:00:42
i will give you three tips to set the
00:00:44
tone when negotiating with suppliers
00:00:47
helping you secure the best possible
00:00:50
price
00:00:51
first don't ask for price without
00:00:55
giving proper guidelines some new
00:00:58
buyers will begin a conversation by
00:01:00
asking the supplier
00:01:02
can you quote me the price for this
00:01:04
product
00:01:05
if you ask in this way a supplier
00:01:08
won't take you seriously they will just
00:01:12
think that you are trying to get a price
00:01:15
any price to compare with other
00:01:17
suppliers
00:01:18
they won't think you are looking to
00:01:20
place an order
00:01:22
you should provide images
00:01:25
size order quantity packaging
00:01:29
and relevant materials the more details
00:01:32
you provide
00:01:33
the more serious a supplier will take
00:01:36
your inquiry
00:01:37
doing a bit of research on the product
00:01:40
you are attempting to attend
00:01:42
will go a long way in getting exactly
00:01:45
what you need
00:01:47
second don't neglect your packaging
00:01:51
let's say you want launch a new product
00:01:53
and you wish to have the packaging be
00:01:55
branded with your own logo
00:01:57
and design if you require a custom box
00:02:01
versus an opv bag that can make the
00:02:03
price
00:02:04
very dramatically plan ahead and make
00:02:07
sure to let the supplier know
00:02:09
so no surprise fees will show up
00:02:12
unexpectedly
00:02:14
some suppliers might not be able to
00:02:16
offer a custom
00:02:17
solution so be sure to bring this up
00:02:20
from the beginning
00:02:22
potentially saving your time and money
00:02:25
and finally compare prices
00:02:29
don't rush things and be sure to compare
00:02:31
your options
00:02:33
sometimes the lowest price doesn't
00:02:35
always mean the best deal
00:02:37
so take your time and make a wise
00:02:40
decision
00:02:41
some suppliers in order to build a
00:02:43
relationship with you
00:02:45
may offer you a low price assuming more
00:02:48
than they can handle
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and after you place the order they will
00:02:52
admit that
00:02:53
they cannot meet all your requirements
00:02:56
but since you already spent a lot of
00:02:58
time
00:02:59
and money your options to change the
00:03:02
supplier at this stage
00:03:04
becomes impossible the original supplier
00:03:07
refunding your investment
00:03:09
is highly unlikely do the above three
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things
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and we at eg can guarantee a more
00:03:15
present sourcing experience
00:03:18
keep in mind your ifq is the first
00:03:21
impression you make
00:03:22
when contacting a supplier and sets the
00:03:25
stage for an
00:03:26
open conversation helping you further in
00:03:29
the process
00:03:30
that's all for today let us know how
00:03:33
your experiences have been like
00:03:35
in the comment section below see you
00:03:37
next time