Financially Simple

How to Negotiate with Vendors and Suppliers

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Sinopsis

If you are providing a product or service, chances are good that you're buying products and services yourself. Justin discusses several key points that should be considered when working with vendors and suppliers. Don't forget to subscribe, and let us know how we are doing by leaving a review. Thanks for listening!  ARTICLE TRANSCRIPT:  BLOG: Win-Win Negotiation... How to Get the Best Prices from Suppliers & Vendors   TIME INDEX: 00:31 - How to Negotiate with Vendors and Suppliers 02:47 - Vendors Can Help Improve a Business's Service Quality 05:05 - Realize That the Vendor is in Business, Just Like You 07:25 - If Possible, Learn from the Vendor 09:35 - Prepare Your Request 12:44 - What is the Vendor's Motivation? 14:28 - Provide Them with an Expectation of Your Annual Product Flow 18:12 - Never Accept the First Pricing Offer 19:35 - Don't Use Only One Supplier 20:25 - Negotiate in the Off-Season 22:04 - Know When to Back Down 23:14 - Sign Off   USEFUL LINKS: Financially Simple Financially Simple on YouTu