How Do You Respond To A Price Quote?

by | Last updated on January 24, 2024

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Second, you could give a clever response such as, “At this point, we should be able to work something out for under one million dollars,” or “Would

you ask your new doctor to

give you a price quote on surgery before the initial exam begins?” Third, you could explain the delay. This seems to be the most common response.

How do you respond when someone asks price?

To answer the price question right away while also building value, try one of these strategic responses.

Use a direct, matter-of-fact, confident tone

. Price + Question: “The preliminary price is $____ and that includes ______. What criteria, other than price, will you be using to make your final decision?”

How do you respond to a high price quote?

  • Silence! First thing you should do is take a couple seconds before you do anything. …
  • “Give / Get” When customers ask for a discount, ask what they would be willing to give up. …
  • Ask Questions. …
  • Customer References.

How do you say something is too expensive politely?

  1. That’s a bit steep – This phrase suggests that something is little more expensive. …
  2. That’s a bit pricey – …
  3. Cost an arm and leg – …
  4. To pay through the nose – …
  5. Exorbitant – …
  6. Daylight robbery – …
  7. Break the bank – …
  8. Pay top dollar-

How do you tell a supplier they are too expensive?

Tell the supplier that you

want order a very high quantity and get their price

. Once you get the price, ask them how much for an amount less then what you want. Then tell them you want this many pieces and you’re getting it cheaper from their competitor. Give a reasonable price that makes sense, and they will beat it.

How do you refuse something nicely?

  1. Be honest. They don’t say that honesty is the best policy for nothing. …
  2. Prepare yourself. …
  3. Do it face to face. …
  4. Stick with “I” statements. …
  5. Know that what you’re feeling is normal. …
  6. Avoid putting it off. …
  7. Don’t give false hope.

How do you reject someone nicely?

  1. Don’t drag it out. …
  2. Either a call or a text works. …
  3. Be honest and don’t over-promise. …
  4. Acknowledge the other person’s feelings. …
  5. Check in with yourself, too.

How do you refuse nicely?

  1. Apologize first. This might seem like an odd piece of advice, especially if you objectively haven’t done anything wrong. …
  2. Don’t beat around the bush. …
  3. Use the actual word. …
  4. Say NO twice, if you have to. …
  5. Forward them to someone else. …
  6. Mirror their request. …
  7. Offer an alternative. …
  8. Get back to them.

How do you say expensive in a nice way?

  1. costly.
  2. extravagant.
  3. fancy.
  4. high.
  5. lavish.
  6. valuable.
  7. dear.
  8. excessive.

What is most important when negotiating with a supplier?

When negotiating with suppliers,

make sure they know you are someone who will give them repeat business

, over the long term. If you have a track record of past purchases, let them know how much business they can expect from you based on those purchases.

How do you negotiate a quote price?

  1. Ask for a Deal on Multiple Items. …
  2. Point Out Defects. …
  3. Show Disinterest. …
  4. Be Assertive. …
  5. Be Willing to Walk Away. …
  6. Show Hesitation. …
  7. Be Comfortable With Silence. …
  8. Make Them Set the Price.

How do you graciously say no?

  1. I’m honoured but I can’t. . …
  2. I wish there were two of me. . …
  3. Unfortunately, now is not a good time. . …
  4. Sorry, I’m booked into something else right now. . …
  5. Damn, not able to fit this one in! . …
  6. Sadly, I have something else. . …
  7. No, thank you but it sounds lovely, so next time. . …
  8. I’m not taking anything else right now.

How do you say no without being rude?

  1. Be gracious and polite. There is no need to be aggressive or confrontational. …
  2. Sleep on it. Very rarely do people need an immediate response to something. …
  3. Start with what you CAN do vs. what you can’t do. …
  4. Be sympathetic while remaining firm. …
  5. Be brief but honest.

How do you say no professionally?

  1. I’m honoured but I can’t. . …
  2. I wish there were two of me. . …
  3. Unfortunately, now is not a good time. . …
  4. Sorry, I’m booked into something else right now. . …
  5. Damn, not able to fit this one in! . …
  6. Sadly, I have something else. . …
  7. No, thank you but it sounds lovely, so next time. . …
  8. I’m not taking anything else right now.

How do you reject someone nicely and still be friends?

“Hi (guy’s name) I don’t want it to appear like I was leading you on, but I am currently dating someone else right now. I really feel that our friendship was great though – and it felt really nice hanging out with you. I hope you don’t mind if we can still keep our friendship, I’d like that.”

How do you politely tell someone you’re not interested?

  1. Think about why you’re not interested. …
  2. If it’s a nice person, be polite. …
  3. Send a text if you’re bad with words. …
  4. Let them know you might not be in the same place as them. …
  5. Treat them with respect. …
  6. Make sure to sandwich the rejection with compliments.
Ahmed Ali
Author
Ahmed Ali
Ahmed Ali is a financial analyst with over 15 years of experience in the finance industry. He has worked for major banks and investment firms, and has a wealth of knowledge on investing, real estate, and tax planning. Ahmed is also an advocate for financial literacy and education.