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How do you quote for product pricing?

Quote for product pricing at Hula Global

Ishita avatar
Written by Ishita
Updated over 3 months ago

We quote prices in two stages. Stage 1 is tentative, while Stage 2 is final.

Stage 1: Preliminary - At this stage, you receive a tentative range based on the limited information provided. This stage occurs when you have not yet completed your product development process.

Preliminary costs are ALWAYS tentative; they give you a range or a ballpark idea of how the product costing will play out so that you can manage your production quantities vis-a-vis your allocated budget.

Once your product development is complete, we proceed to stage 2, where you get the exact product costing.

Stage 2: If you provide all the information that is required to provide an exact quotation, you skip Stage 1 above, and we will directly give you pricing corresponding to the products you are looking to manufacture.

If you are not sure whether you should go for Stage 2 directly, please read the answer to the question - What does a brand need to provide before you are ready to start manufacturing.

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