How To Negotiate Suppliers on Alibaba

One of the best ways to extend your profit is by cutting costs. Negotiating together with your Alibaba suppliers can increase your profitability and boost your efficiency.
However, most suppliers are going to be against offering discounts unless the discount is given in exchange for considerable value in other areas.  There are certain ways to negotiate suppliers on Alibaba.

HOW TO DO IT:-

1. Reach out many suppliers for price comparison.
2. Be direct and do not involved third party.
3. Generate goals & budgets for your product.
4. Judge your supplier margins.
5. Hold your ground and be strong.
6. Listen more than you speak.
7. Shop around and compare offers from different suppliers.
8. Show some praise and rub some ego.
9. Be willing to walk away.
10.  Be an ideal client

WHAT NOT TO DO:-

1. Never negotiate on your sample or test order.
2. Don’t be feeble and unsure.
3. Don’t show weakness or desecration.
4. Don’t be afraid to ask deep questions.
5. Never let your supplier win.

NEGOTIATIONS TRICKS AND HACKS:-

1. Ask for sample costs to be discounted from future orders.
2. Have them show printed material for future orders.
3. Create a large fake costumer purchase order.
4. Re-negotiate often over time.