This document is a draft letter addressed to a vendor, requesting that they lower the price as stated in the quotation previously provided.
In this letter, the team from the business discusses details of the price negotiation, pointing out that they have budget constraints and negotiating for more competitive pricing.
The letter ends with a counter-offer, a lowered price plan that is more reasonable to the business and at the same time more affordable for the customer.
This letter should be used by businesses that have gotten a quotation from a supplier or a vendor.
A business should provide specific reasons to compel the vendor or supplier to lower their prices, for example, drawing references to other competitors.
It is the key to be specific, users are advised to provide price and quantity that are reasonable to them instead of merely asking the vendor to lower their prices.
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