Author Question: What else does the buyer need to consider when selecting vendors? What will be an ideal ... (Read 68 times)

plus1 · **on:** Sep 11, 2018

What else does the buyer need to consider when selecting vendors?

What will be an ideal response?

Question 2

An allowance offered by vendors to cover retailers' lost gross margin dollars resulting from retail price reductions: ___________________ ______

Fill in the blank(s) with correct word

Carliemb17 · **Reply #1 on:** Sep 11, 2018

Answer to Question 1

In addition to price, buyers should consider non-monetary incentives when choosing vendors. This includes reliability (e.g. on-time shipping, quality of product, etc), services offered (e.g. co-op advertising, POP displays, etc) and current distribution of the vendor in the buyer's market (e.g. does that vendor sell to the buyer's competitors?)

Answer to Question 2

Markdown guarantees