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How should one do export quotations through an agency company? Can anyone explain it in detail?

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Our company plans to export products through an agency company. We used to export directly before, and we're not quite sure how to do export quotations through an agency company. We'd like to know what factors should be considered in the quotation process, how the process differs from direct export, and how to communicate and cooperate with the agency company to complete an accurate quotation. We hope that experienced friends can share the specific practices so that we can avoid detours.

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Professional consultant answers

David Li
David LiYears of service:6Customer Rating:5.0

Senior customs declaration consultantConsult

When doing export quotations through an agency company, first of all, one should communicate fully with the agency company to clarify various agency fees, such as agency fees, customs declaration fees, freight agency fees, etc. Allocate these fees reasonably into the product quotation.

Secondly, calculate the product cost. Besides the production cost, one also needs to consider the costs of packaging, transporting to the location designated by the agency, etc. Meanwhile, pay attention to the exchange rate fluctuations and reserve a certain space for exchange rate risks.

In the process, one should provide detailed product information to the agency company in a timely manner, including specifications, quantities, etc., so that the agency company can have a full understanding of the goods. When cooperating with the agency to determine the final quotation, both parties should have a clear understanding of the market situation and refer to the prices of similar products in the international market. In addition, clarifying the payment method also has an impact on the quotation. Different payment methods have different risks, and all these should be considered comprehensively when making a quotation. In short, only by closely cooperating with the agency and taking all factors into account can a reasonable export quotation be made.

Joseph Zhou
Joseph ZhouYears of service:10Customer Rating:5.0

Senior foreign trade managerConsult

Don't forget to ask the agency company about some additional fees at the destination port, such as destination port clearance fees, etc., and include these in the quotation to avoid price disputes later.

Emily Liu
Emily LiuYears of service:10Customer Rating:5.0

Settlement and payment expertConsult

When communicating with the agency, ask them to provide references of past export quotation cases of similar products, so that you can have a more intuitive understanding of the approximate quotation range and be more confident.

Michelle Chen
Michelle ChenYears of service:3Customer Rating:5.0

Business coordination consultantConsult

Pay attention to the added value of the product. If the product has unique advantages, the quotation can be appropriately increased. Discuss with the agency how to highlight the advantages to support a higher quotation.

Jennifer Wang
Jennifer WangYears of service:4Customer Rating:5.0

Market development consultantConsult

Ask the agency about the transportation methods and their corresponding timeliness. Different transportation methods have different prices, and customers have different requirements for timeliness, which will all affect the quotation.

Sarah Zhang
Sarah ZhangYears of service:8Customer Rating:5.0

Document expertConsult

Confirm with the agency about matters related to tax rebates. Tax rebate policies will affect the cost and, in turn, the quotation. Accurately grasping tax rebates can help with better pricing.

Andrew Huang
Andrew HuangYears of service:7Customer Rating:5.0

Supply chain optimization expertConsult

Ask the agency to help analyze the consumption capacity and price acceptance range of the target market, and combine with your own cost to formulate a competitive quotation.

William Yang
William YangYears of service:5Customer Rating:5.0

International logistics consultantConsult

Study the quotation strategies of competitors together with the agency, find out your own advantages and differences, and adjust the quotation accordingly.

Elizabeth Li
Elizabeth LiYears of service:3Customer Rating:5.0

Compliance and risk managerConsult

Communicate well with the agency about the sample fees and transportation arrangements. A reasonable sample quotation can also leave a good impression on the customer, which is beneficial for the subsequent formal quotation.

The relevant questions or replies only represent the user’s personal stance and do not represent any views of this website.

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