priceoffering
Price offering, often called a price quote or price proposal, is the price and accompanying terms a seller presents to a buyer for a product or service. It is a formal or informal statement used in sales and procurement negotiations, outlining the financial terms under which the seller is willing to fulfill an order. A price offering typically includes the base unit price, required quantity, currency, delivery or performance terms, payment terms, the quote’s validity period, and any extras such as discounts, rebates, or financing options. It may also specify scope, such as included services, warranties, after-sales support, and any exclusions.
Common elements of a price offering include: unit price, quantity, currency, delivery or performance terms, payment
Process and usage: an inquiry or RFP initiates the price offering process. The seller prepares the quotation
Context and considerations: price offerings are common in business-to-business procurement and in business-to-consumer sales, including online