How to deal with it
The foreign trade customer's position, company strength, purchasing preferences and personality will affect his choice of payment method. Here are some strategies for negotiating payment methods:
1. The third payment method
, a compromise solution can be proposed. For example, if a foreign trade customer requires 100% payment by letter of credit (L/C), and we want 100% payment by telegraphic transfer (T/T), we can dominican republic whatsapp number database propose 50% by telegraphic transfer (T/T), 50% by letter of credit (L/C), or use other methods acceptable to both parties, such as Western Union. This allows both parties to compromise, resolve the deadlock, and facilitate the order. By providing multiple options, we can find a solution acceptable to both parties to resolve the disagreement on the payment method.
2. Price reduction temptation
Relieve the financial pressure of customers by reducing prices. For example, you can say: "If you agree to our payment method, we can reduce the unit price by 2 US dollars" to guide foreign trade customers to make concessions. This method can not only relieve the financial pressure of customers, but also enhance customers' trust and satisfaction with us. The extent of price reduction should be flexibly adjusted according to the specific circumstances of the order to ensure that we can obtain reasonable profits while making concessions.