There is a lot of information to include in a price quote, but you should always include the date that the quotation is valid for. the subtotal, total and any applicable taxes.a determination whether the goods or services are taxable.the quantity, description, unit price and amount.the PO #, ship date, delivery date, shipping method, FOB point and terms (for shipping goods).the salesperson (who will act as the contact person).the date, quotation number and customer ID.In any price quote, it is important that you include some important information: However, if the seller quotes a price that's too low, the profit will be minimized and, in some cases, even disappear. Therefore, the seller has to thread that fine line between making a profit on each good or unit of service sold, and persuading the client to actually purchase.įor example, if the seller quotes too high a price, the customer will walk away. Usually, the customer requests a price quote (or, for many service businesses, the seller uses it by default) in order to estimate the price of the requested goods or services.īecause most clients often depend on the price of the goods or services before they make the final decision to purchase, it is very important that your price quote is able to influence the customer.įor that reason, you should use a professional looking price quote, such as InvoiceBerry's free price quote template.Ī good price quote can also be used as a promotional tool that attempts to convince a customer to buy from the seller. This document is sent to the customer before any sales transaction occurs. A price quote, or simply a quote, is a commercial document that many companies and individual sellers use to inform a potential client about the price of the goods or services.
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