The quoted price is the estimate given to provide goods. If the actual price turns out to be higher than the quoted price, the seller has to justify the reason for the increase and the buyer has to agree to pay the difference because at time of quotation not all services charges mentioned also goods price can vary according to market fluctuation.

While closing any deal, the supplier has to give a quotation to the buyer for its products and this is price according to product production cost. But sometimes it happens that they bring up the buying time period or validity dates issues because due to market fluctuation or at time of actual price they add extra service charges these charges can surprize you and bring losses in business.

This means they will keep pricing up to a time period and after that, they will charge a different price from the buyer if they missed those dates.

Thus, this can create an unusual obstacle and delay the process. Also, you might have to pay an extra amount for getting the products.

When there is an huge difference in both , there is a direct impact on the profitability of the business. When cost is overestimated, the profit would be crucial aspect that plays a major role in a good return on investment.

To save your time and money you should be aware about Chinese policies and transparent communication about all the charges and price of product. So that you don’t have to face these obstacles after closing deal because this can shake your calculation and can be loss in business.

Just to be extra careful with these crucial steps you can built strong relationship with your customers, more profit margin, better reputation and better business.