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by mmmaweiyuan » Tue, 07 May 2019 5:43 pm
In 2014, I co-developed a product with a French customer S. This product was designed by a Spanish designer. The shape is very good. I used the design drawing to attract the attention of S customers. He is willing to invest. Mold fee and I jointly developed this product. For me, because the customer bears the mold fee, I almost have a new product without cost. After half a year, we developed the product and put it on the market, but S customers I did not sell this product. By 2017, this product had less than 10,000 units, so it should be said that this product did not achieve a win-win situation in S. I have not achieved much profit.
However, this product factory has been sold in China. There should be tens of thousands of orders every year, so the factory is more grateful to me, but I have not made any money.
Although I haven't made any money for this product, I always think that the design of this product is very good. I can't figure out why the S customer didn't succeed. I always think that this product will have an opportunity to break out.
In 2016, a British customer J and I started to cooperate and selected three products, one of which is the product developed by me and S customers. Because this product is relatively expensive, it is positioned in the three products of J customers. At the highest end of the sale, J customers will have 1,500 units, and there will be no news later. I have never felt that J customers will have any big business opportunities. But in any case, my communication with J customers has been very good, including my meeting with him in the UK, and my major in the industry and products, so that he is convinced that I am the best supplier in this category in China, and in his business In the case of a small situation, my service is still relatively good. The choice of his three products is also recommended by me. He is under the guidance of me to enter the procurement of this category.
The transfer came from a sudden inquiry from this year. I asked this product developed by S and S customers. What is the price of the next 30,000 units? For this product with a relatively high unit price, an order of 30,000 units is a relatively large order. On the one hand, I doubt whether he has such sales ability, but on the other hand, he also discussed with the factory whether there is room for price reduction (after all, The amount of orders is large).
After making the basic judgment (after communicating with him on WeChat), it is determined that this is a real demand, from a large chain terminal customer of J customers (thousands of chain terminals), they prepare a product for large-scale promotion (to give away The way), our products are currently selected in the last three products.
After I learned this information, I was not eager to cut the price, because my judgment is that if the customer finally selects my product, it will not be because of the price, because my product is high-end positioning. 2 The customer can only find me in China. To make this product, others don't have the mold 3 of this product. The customer is a one-time promotion, and it is a gift. I don't think they are really sensitive to the price. Therefore, my offer is only a small percentage of my standard offer. I still wondered if the customer could get the order.
On the other hand, I also negotiated prices with the factory. Coincidentally, the factory just missed the order and promised that if I could place 30,000 orders at a time, I could cut the price by 15%.
After the inquiry, I have been keeping in touch with the customer on WeChat. I also give the customer a confidence that they should not worry about the price. It is the key to receiving the order, because I think that from my current cost structure, as long as I receive it, There must be better profits, even if you give a few more points to the customer. Customers also communicate with us about the progress of the project and the decision-making process of the end customer.
After half a month of communication, suddenly one day, his WeChat told me that the customer might decide, and the number may be 40,000, which is basically selected. But the price I want to make a point, I did not hesitate to agree, because he wants me to cut the price is actually only 2-3%, for me, in fact, the gross margin has been 10% higher than the normal order! My order gross margin is above 20%!
At two o'clock in the middle of the day, he finally gave me a message, the final number of customers is 36,000. It is also a enough surprise.
I mean, my order is worth more than 700,000 RMB!
Happy is happy, the money has not arrived, everything is empty, we quickly confirm the order with the customer, the customer promised to arrange the deposit within one week, we also arrange the factory to start preparing materials.
But a week has arrived, the customer's deposit has not yet arrived, I am also nervous, it will not change the end customer? Oddly enough, we were also asked by another Hong Kong company, and we are looking for this product. It is estimated that the end customer has released the price, but since this product is only available to me, I have no way to judge the end customer. And this project should be nailed to the board.
I also told the J customer that the deposit will be paid as soon as possible. He also said that they are waiting for the end customer to pay the deposit. The order will not change. I also believe him, so let the factory boldly prepare the materials and deliver the delivery time.
After another week, my colleague was very nervous and said that the deposit was not paid. I said it doesn't matter, I am sure. Sure enough, the deposit arrived soon. The back is waiting for shipment.
This order has been shared so far, some experience
1 Luck is still the main ingredient, don't think it's your own. J customers mainly have the relationship of end customers, and just happen to meet the timing of end customer promotion.
2 It is very important to maintain good communication and trust with J customers. J customers only considered me in this category, because I entered his field of vision as a professional and industry expert at the beginning, so he only pushed me. Product, this is also one of the inevitability.
3 The game before the order is handed is very important. On the one hand, the factory has enough support (price, product) through large quantities, and on the other hand, the customer can't quickly cut the price. I guess if I saw the big order at that time, I would directly kill the reserve price. Maybe my profit is only 5%. Therefore, price reduction must not be the best strategy, but to fully understand the customer's background information, know the key points of the project's success, and then wait for opportunities.
4 This kind of order is unavoidable, and you can't always expect to encounter such a thing. Have a peace of mind.