Negotiate price with supplier email sample

Here is an example email that you could use as a template to negotiate a price with a supplier:

Subject: Request for Price Adjustment for [Product/Service]

Dear [Supplier's Name],

I hope this email finds you well. I am writing to follow up on our previous discussions regarding the purchase of [Product/Service] from your company. As we discussed, we are interested in placing an order for [Quantity] units of [Product/Service] at a price of [Current Price].

However, after reviewing our budget and considering the market rates for similar products, we believe that the current price is higher than what we are comfortable with. We would like to request a price adjustment to [Desired Price] per unit.

We believe that this price is more in line with the market rate and would allow us to move forward with the purchase. We value our relationship with your company and would like to continue doing business with you, but we need to ensure that the price is competitive.

Could you please let us know if this is something that you would be willing to consider? If so, could you also provide us with a revised quote for the [Product/Service] at the new price?

We would appreciate it if you could get back to us by [Deadline] so that we can finalize the order. If we do not hear back from you by then, we will be forced to explore other options.

Thank you for your time and consideration. We look forward to hearing back from you soon.

Best regards,

[Your Name]

[Your Company]

[Your Contact Information]

This email template is a good starting point, but you should customize it to fit your specific needs and circumstances. Here are some tips to keep in mind:

• Be polite and professional in your email. Remember that you are trying to build a relationship with the supplier, not dictate to them.
• Be clear and concise about your request. Make sure you specify the exact price you are looking for and the quantity of products you are interested in purchasing.
• Provide a clear explanation for why you are requesting a price adjustment. This could be due to market rates, budget constraints, or other factors.
• Be flexible and open to negotiation. The supplier may not be able to meet your exact price request, but they may be willing to offer a compromise.
• Set a deadline for the supplier to respond to your request. This will help keep the conversation moving and ensure that you get a response in a timely manner.

Remember to keep a record of all correspondence with the supplier, including emails and phone calls. This will help you track the conversation and ensure that you have a paper trail in case of any disputes.