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Author Question: What else does the buyer need to consider when selecting vendors? What will be an ideal ... (Read 112 times)

plus1

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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



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Carliemb17

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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




plus1

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Reply 2 on: Sep 11, 2018
Great answer, keep it coming :)


amcvicar

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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