Price Quotes in E-commerce is termed as the quotation defined by the seller to the buyer for offering them a service or product. It plays a pivotal role in the sales process.
Here, the seller sends a quote to the buyer. The buyer gives confirmation, if the deal is comfortable for him/her. The seller is known as offeror and the buyer as offeree.
Price Quotes makes it easy for buyers and sellers to understand each other. Thus, it helps determine what exactly the customers are willing to pay and what are their expectations.
While visiting an online store, the buyers select certain product and services, enquires seller about the prices and discounts offered. Based on their needs, the seller will send the quote to the customer.
Hence, price quotation motivates customers to make a purchase. As a result, price quotation greatly impacts eCommerce businesses as it can either make or break a business.
To know how experts handle price quotation in eCommerce and can help boost your sales. You can refer the tutorial at: https://meetanshi.com/blog/price-quotation-in-e-commerce/
No comments:
Write comments