Manufacturing Country

70. 3 Tips to Get the Best Price from Suppliers

Download this episode (right click and save)

When you're discussing your product with a potential supplier, how do you know if their quoted price is the best you can get? InTouch Client Managers John Niggl and Crystal Ge talk about importer-supplier negotiations and tips on getting a manufacturing deal that you're happy with. In this manufacturing podcast episode, you'll learn about:

  • The negotiation process between an importer and a potential supplier;
  • Simple measures that you can take to get a fair and reasonable price from your supplier; and
  • The risks of pushing your supplier to give you the lowest possible production price
The best deal doesn't mean the cheapest deal. If you push your supplier to giving you the lowest possible price, your product quality will likely suffer (related: How Experienced Importers Limit Product Defects in 3 Stages [eBook]). And if you’d prefer to read the article that covers this topic instead, check out 3 Tips for Getting the Best Price from Suppliers.
New Call-to-action