How are prices controlled among various Kinghelm’s agents?
The company's quotation for agents is uniform. In order to increase the enthusiasm of agents, the company reserves a 15% margin for agents. In addition, tiered prices will be established based on the purchase quantity. There is a possibility of special pricing for special end users.
Kinghelm Electronics Co., Ltd. has established a unified pricing policy for its agents. This means that regardless of whether the agent is a large partner or a small-scale distributor, they will enjoy the same pricing treatment. This unified pricing approach ensures fair market competition and avoids the negative impact of price wars and cutthroat competition on both the company and its agents.
However, in order to motivate agents and enhance their profitability, KinghelmElectronics allows approximately 15% flexibility in pricing. This means that agents can adjust product prices according to their operating costs and market demand to gain greater profit margins. This flexibility helps agents better meet customer needs and improve their sales performance.
Furthermore, KinghelmElectronics has implemented a tiered pricing system based on the purchasing volume of agents and the weight of service to end customers. The larger the purchasing volume of the agents, the higher the price discount they enjoy, thereby increasing their profit levels. Similarly, if agents are able to provide quality sales and after-sales service to high-value customers, they will also receive more competitive pricing policies to encourage them to capture more market share for the company.
By implementing these price control measures, KinghelmElectronics aims to establish long-term and stable cooperative relationships, encourage agents to actively participate in market competition, and achieve a win-win situation. The combination of unified pricing and flexible pricing space allows agents to make adjustments based on market demand and competition while ensuring a good working relationship between the company and its agents.
In summary, KinghelmElectronics Co., Ltd. controls agent pricing through unified pricing and providing agents with some pricing flexibility. This approach ensures fair market competition and motivates agents to perform well and enhance profitability. KinghelmElectronics will continue to adhere to this pricing control strategy, working together with agents to develop and grow while providing high-quality products and excellent services to customers.
