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6 main reasons why the quotation is lower than the normal industry price
Source:Symwill | Author:Symwill Tech | Release time:2024-01-08 | 388 Views | Share:
There are several reasons why the quotation is lower than the normal industry price

We often encounter customers bargaining, and sometimes the price is reduced to below the cost or directly havled by the clients.

The price is lower than the cost price, who would do this kind of business? Is there really such a seller?


The question is, what should we do in the face of this vicious price war? How can we snatch back the orders?


If you are certain that 95% of the quotes from companies in the industry are similar to yours, then pls remember a basic principle:

"If somthing is abnormal, there must be something wrong". Think twice before taking the next step.


There are several reasons why the quotation is lower than the normal industry price:

1. The factory does not rely on acceping orders to make money.

They issued high interest loans after receiving payment from customers, so in order to raise as much as money as possible in the short term, we attract

orders with lower prices. This type of factory usually owes money to its suppliers. Moreover, their financial situation is very poor, and even a slight disturbance can lead to financial ruin, posing great risks in doing business with them.


2. The factory is the kind of scammer who adheres to the principle of doing business only once.

After receiving the money, either send less when shipping to make up for the shortfall in the quotation, or send garbage to buyer.

Anyway, everything will be fine with them after the shipment, and the after-sales service is zero.  


3. The factory treated the customer's payment as an interest free loan.

They made many buyers pay a deposit at a low price, then delayed the delivery for several months, and finally told the buyers that they couldn't ship the goods, and then refunded the money. Generally speaking, this type of factory is not considered a great fraud or villain. At most, it is a hypocrite who used someone else's money without interest. In the end, the customer is grateful that their payment has been returned.


4. The factory cooperates with the prison, and labor costs can be ignored because prisoners have almost no salary.


5. The factory happened to have an order cancelled, and the customer bought this item.


6. A pure scammer who disappears when they get a deposit.