7. Be someone suppliers want to do business with
It doesn’t matter how much business you give your suppliers, if you’re a problem customer, you may not get the best deal because it’s too much work to do business with you. It’s important to maintain good supplier relationships by remembering that while they need you as a customer, you need them, too. Be sure to pay your bills on time, maintain open communications, and treat the relationship as a partnership, where both of you get what you need.
Negotiating with suppliers doesn’t have to be difficult, but it does pay to have a plan before you approach them. Follow the seven tips above to increase your odds of walking away the winner.
