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NATIONAL TRANSMISSION CORPORATION CORPORATE SERVICES GROUP TransCo Annex Bldg., Dalian, Quezon City Tel. Nos. 9021521 & 9021523 Fax Nos. 9146213 rmmabulay transco. PH SUPPLIERS TECHNICAL /PRICE QUOTATION
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How to fill out on quote closing date

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How to fill out a quote closing date:

01
Start by understanding the importance of a quote closing date. This date represents the deadline by which a potential customer must accept or reject a quotation. It helps in managing sales pipeline, forecasting, and ensuring timely decision-making.
02
Determine the ideal quote closing date based on several factors. Consider the complexity of the product or service being quoted, the customer's decision-making process, and any external factors that could impact the timeline. It is essential to strike a balance between providing enough time for the customer to evaluate the quote and creating a sense of urgency.
03
Clearly communicate the quote closing date to the customer. Include it prominently in the quotation document, alongside other essential terms and conditions. You can also mention it in the email or conversation when sending the quotation. Make sure the customer understands the significance of adhering to the deadline.
04
Monitor the progress of the quote and stay in touch with the customer throughout the evaluation period. Address any questions, concerns, or additional information they may require promptly. This helps in building trust, demonstrating your commitment, and expediting the decision-making process.
05
Follow up with the customer as the quote closing date approaches. Send a reminder a few days in advance, emphasizing why it is crucial to make a decision by the specified date. This will help keep the quote fresh in their mind and increase the chances of receiving a timely response.

Who needs a quote closing date?

01
Sales professionals and businesses: Setting a quote closing date is essential for sales teams and businesses as it establishes a clear timeline for decision making. It helps in managing sales activities, evaluating performance, and forecasting.
02
Potential customers: Quote closing dates are relevant to potential customers, especially those who receive multiple quotes or proposals. It helps them organize their evaluation process, prioritize decisions, and avoid delays in securing the desired product or service.
03
Service providers and vendors: For service providers or vendors, having a quote closing date ensures that they can efficiently allocate resources and plan their future projects. It allows them to maintain a healthy pipeline and prevents unnecessary delays or conflicts.
Overall, having a clearly defined quote closing date benefits all parties involved, enabling effective decision-making, timely outcomes, and a streamlined sales process.

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