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Product Pricing Process Flow - Sample



                                                                                   Director approves
                                                                                   price on ‘Cost of
                                                                                     Sales Quote”
                                                                                                                                                             Sales Rep
                                                                                                                                                       prepares ‘Contract
                                                                                                                                          YES          of Sale’ and sends
                                                           ‘Cost of Sales                                                                               it to the customer
                                                                                                                    Product
                                                              Quote’                      NO                       Quotation



                                                          Sales Manager                                                                                 Contract of Sale     Sales Rep returns
                                   Sales Rep emails                                                             Sales Admin
                                                         prepares price by                                                                                                   signed ‘Contract of
                                   required product                                                               prepares
                                                         generating a ‘Cost          Is the margin                                    Does customer                             Sale’ to Sales
                                   specification and                                                              Quotation
                                                          of Sales Quote’              greater or        YES                          accept Product
                                        customer                                      equal X%?              according to ‘Cost                                                    Admin
                                                         manually on excel                                                              Quotation?
                     NEW             information to                                                          of Sales Quote’ on
                                                             sheet and
                                    Sales Manager                                                                excel sheet
                                                          approves price                                                                                 Negotiation
                                                                                                                                                          between
                                                                                                                                                NO     customer, Sales
                                                                                                                                                        Rep and Sales
                                                                                                                        A
                                                                                                                                                       Manager required

                                                               New                  Is it a new or a
                                                  USED
                                                                                    used product?                                                                                              Shipping and
                                                                                                                                                                                              delivery date is
                Is it a new or a
      Start                                                                                                                                                                                   arranged by the     End
                used product?                                                                          ‘Cost of Sales                                                                        Sales Rep with the
                                                                                                          Quote’                                                                                 customer



                                                                                                 Sales Manager
                                     Sales Manager                    Does Director            prepares price and
                                   recommends sales                   approve sales            generates ‘Cost of
                      USED                                                                 YES                                    A
                                       price to the                   price of used               Sales Quote’
                                        Director                        product?               manually on excel
                                                                                                     sheet

                                                                              NO


                                                                       Negotiation
                                                                        between
                                                                     customer, Sales
                                                                      Rep and Sales
                                                                     Manager required
 Source: www.knowledgeleader.com
                                                                                                                                                                                                                  Page 1

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Product pricing process flow sample

  • 1. Product Pricing Process Flow - Sample Director approves price on ‘Cost of Sales Quote” Sales Rep prepares ‘Contract YES of Sale’ and sends ‘Cost of Sales it to the customer Product Quote’ NO Quotation Sales Manager Contract of Sale Sales Rep returns Sales Rep emails Sales Admin prepares price by signed ‘Contract of required product prepares generating a ‘Cost Is the margin Does customer Sale’ to Sales specification and Quotation of Sales Quote’ greater or YES accept Product customer equal X%? according to ‘Cost Admin manually on excel Quotation? NEW information to of Sales Quote’ on sheet and Sales Manager excel sheet approves price Negotiation between NO customer, Sales Rep and Sales A Manager required New Is it a new or a USED used product? Shipping and delivery date is Is it a new or a Start arranged by the End used product? ‘Cost of Sales Sales Rep with the Quote’ customer Sales Manager Sales Manager Does Director prepares price and recommends sales approve sales generates ‘Cost of USED YES A price to the price of used Sales Quote’ Director product? manually on excel sheet NO Negotiation between customer, Sales Rep and Sales Manager required Source: www.knowledgeleader.com Page 1