What is a ‘Quotation form’?
- Quotation form enables sellers to submit quotation details about the product quickly and precisely which will help in closure of a deal with the buyer
- Buyers can do an easy comparison of all the quotations received from different sellers and pick the best seller
What are the benefits of the quotation form?
Benefits for Sellers
- It’s a base for the first line of discussion with the buyer
- Seller can contact the right buyer at the right time
- It reduces negotiation time for both the parties
Benefits for Buyers
- Buyer receives the quotation in a structured format, hence it’s easy for him to compare quotations
- Buyer can contact the seller who provides him the best deal
- It reduces the waiting time for the buyer to get the quotation
When to send quotations to buyers?
- After receiving a buyer enquiry, it is highly recommended that sellers submit quotations as well as call buyers immediately.
To learn how to send quotation to a buyer, watch this video.