How would you handle a situation where two stores receive the same product from you at different prices, causing frustration among the store owners?

Question

Accepted Answer

Addressing price discrepancies between two stores requires effective communication and strategic solutions to maintain relationships.

Acknowledge the frustration of both store owners and listen to their concerns actively.
Explain the pricing strategy transparently, highlighting factors like volume discounts or promotional offers.
Offer to facilitate a meeting between both store owners to discuss their concerns and find a mutually agreeable solution.
Consider implementing a standardized pricing policy to prevent future discrepancies and ensure fairness.
Provide additional support or incentives to both stores to help them feel valued despite the pricing differences.

Accepted Answer

Quantity difference and need to upgrade which retailer have less volume.

Accepted Answer

Ask then to buy at cash purchase and gave him a tagert to the sales growth and if the met the target then u will get more offer.

Accepted Answer

Mohit Electronic works with us in cash due to which it has 3% higher margin. If you also work with us in cash, we will also give you 3% more margin, then you will not see any difference in the price, this is my promise. is with you