Why Is There An Upfront Fee For Obtaining A Quote?

This is a frequently asked question among many new market players.

As a buyer, it's natural for you to expect pricing information that is readily available and easy to review. We completely understand your expectations.

However, it's important to understand that not all prices can be accessed immediately by just one click.

Otherwise, you wouldn't need to approach us for a quote, right?

For eCommerce business owners like yourself, the requirements for specific products, quantities, shipping destinations, and preferred shipping dates vary from time to time.

Additionally, factors such as currency exchange rates and applicable taxes further contribute to the variation in quotes you may receive.

In reality, no company in the world has real-time access to all the data required to generate an immediate, accurate, and executable product quote. The world is governed by different governments, making unified data sharing, unfortunately, impossible.

What’s more, certain prices are exclusively offered to qualified and selected buyers. As a new buyer or if your purchasing amount does not meet the minimum order quantity (MOQ) requirement set by the seller, their existing price model will not be applicable to your case.

The factors that need to be considered for each quote are numerous and include but are not limited to the following:

  • Production costs

  • Purchasing quantity

  • Logistics costs

  • Applicable tax rates

  • Ever-changing foreign exchange rates

  • Service fees

  • Other applicable fees, such as packing and storage fees

If you require an accurate and executable price for your business, we are here to assist you. We offer a customized quote that is tailored to your specific needs.

To provide you with this quote, our team will manually check with all relevant parties, which requires substantial manpower, time, and resources, including access to paid databases.

Furthermore, we receive numerous inquiries daily for various products with shipping to different countries, each with different shipping schedules and packing requirements.

Given our limited capacity, if we allocate time to check quotes for one customer, it means we have less availability to check quotes for others.

To ensure we can serve sincere and capable buyers in a timely manner with our limited capacity and resources, we prioritize sourcing inquiries from customers who confirm their requests by paying a minimal service fee. Rest assured, this fee can be deducted from future transactions.

It's worth noting that we are not alone in charging a fee to provide quotes. Companies like Bloomberg, Reuters, and certain stock exchanges also implement a paid model to provide quotes.

When you request a quote, it is provided to you as a professional service.

Our ultimate goal is to offer the best possible and executable price to our clients in a timely manner, allowing you to present reliable pricing information on your website and to your buyers to foster business growth.

We are committed to long-term cooperation and shared growth with our customers.

If you require a product quote, we warmly invite you to confirm order online by clicking the button below.

Next
Next

How to Control Product Quality for Non-Customization Orders