Q: What do buyers look for when determining the purchase of a product?

Buyers internationally look at the 3 ‘P’s, namely "Product", "Price" and "Performance"

Product:

  • Guarantees and Quality Assurance
  • Technical Specifications
  • Drawings and Design
  • Intellectual Property considerations
  • Environmental aspects
  • Labeling, marking and packaging

Price:

  • Escalation clause, if any
  • Terms of Payment

Performance:

  • Delivery schedules
  • Continuity of supplies
  • Transportation arrangements
  • Spares and after sales service
 
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