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When you start to supply is it good to supply with Fix price or Flexible price? Which will bring to you more customer?

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Question added by Muhammad Ishaque Mohamed Ibrahim , Finance Coordinator (Bank Relation, import) , Saudi Fisheries Company
Date Posted: 2016/04/03
Nadeem Asghar
by Nadeem Asghar , Supply Chain Consultant/Trainer , Independent Practitioner

Flexible Pricing if permitted by the bidder are always better as this means Win Win situation for both Buyers as well as Suppliers. In case of falling prices, the suppliers get their margin built into the selling price and buyer gets benefit of the lower prices. In case of rising prices, the buyer is charged only the actual raise in prices and not the un-necessary padding while the suppliers risks are minimised.

Saiyid Maududi-Oracle Applications Consultant
by Saiyid Maududi-Oracle Applications Consultant , Entrerprise Architect , US Technomatrix, Inc

Hello Team,

Flexible pricing really means your willingness to negotiate.  Car dealerships carefully study their customers.  What are they wearing?  What is their current car?  What is their career?  They use this information and more to estimate their customers WTP and then negotiate the highest price possible.

Regards,

Saiyid

Zeeshan Mohammed Saleem
by Zeeshan Mohammed Saleem , Service & Operations Controller. , Altaaqa Alternative Solutions Co. Ltd

Fixed Price, As in this manner you will cover the expenses of the Logistics and the Product. Never under estimate the Product you sell. Make sure you are relate a competitive Price and the Customers will follow..

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