450: Insider Tips On Finding The Best Factories And The Lowest Prices For Your Products With Kian Golzari
The My Wife Quit Her Job Podcast With Steve Chou
00:00
How to Negotiate Lower Prices in a Slowing Environment
In 2022 when we're recording this, everything's slowing down, right? So how do you negotiate lower pricing when you kind of know globally everything is slowing down? And I would say that whenever your supplier gives you a price, increase you want to validate that price increases correct. The exchange rate has gone up about 12, 13% in their favor and they might tell you, yeah, the exchange rate has benefited 10, 12%. However, the cost of goods and raw materials and all that stuff has gone up as well.
Transcript
Play full episode
