Price Inquiry Letter
[Your Name]
[Your Address]
[City, State, Zip Code]
[Email Address]
[Phone Number]
[Date]
[Recipient's Name]
[Recipient's Job Title]
[Company Name]
[Company Address]
[City, State, Zip Code]
Dear [Recipient's Name],
Subject: Price Inquiry
I hope this letter finds you well. My name is [Your Name], and I am writing on behalf of [Your Company Name] - a [brief description of your company's nature of business]. We have been impressed with the quality and reputation of your products/services and are interested in potentially becoming one of your valued customers.
Our company is currently evaluating suppliers for [mention the product or service you are interested in]. After conducting thorough research, your company has stood out as a leading provider in the industry. To further our assessment, we kindly request the following information:
1. Product/Service Details:
- Please provide detailed specifications and features of the product/service you offer.
- If applicable, include information about variations, sizes, or customization options.
2. Pricing:
- Kindly share your price list or pricing structure for the requested product/service.
- Mention any bulk discounts or special pricing arrangements available for loyal or large-scale customers.
3. Minimum Order Quantity (MOQ):
- If there is a minimum order quantity required, please specify it in your response.
4. Delivery Terms:
- Provide information on shipping and delivery options available, including estimated delivery times.
5. Payment Terms:
- Detail your preferred payment methods and any credit terms available, if applicable.
6. Sample Policy (if applicable):
- Inquire about the possibility of obtaining samples to assess product quality before making a purchase decision.
We appreciate your prompt attention to this inquiry. As our company aims to make informed decisions regarding suppliers, receiving the requested information at your earliest convenience would be greatly beneficial.
Please send your response to [your email address] or [fax number], whichever is more convenient for you. If you have any questions or require further clarification, do not hesitate to contact me.
Thank you for considering our inquiry. We look forward to the possibility of establishing a successful business relationship with your esteemed company.
Sincerely,
[Your Name]
[Your Job Title]
[Your Company Name]
[Contact Information]
Formal Price Inquiry Letter for Bulk Purchase
Subject: Request for Quotation on Bulk Order
Dear Sir/Madam,
I am writing to request a detailed quotation for a bulk order of your products. Our company is planning to purchase [specific product names/models] in large quantities for our upcoming projects. Kindly provide the pricing details, including volume discounts, delivery charges, and payment terms.
We would also appreciate if you could share information about the lead time for delivery, warranty terms, and any after-sales support provided.
Please send the quotation at your earliest convenience so we can proceed with our procurement process.
Thank you for your cooperation.
Sincerely,
[Your Name]
[Your Position]
Casual Email to Supplier Asking for Prices
Subject: Quick Price Check
Hi [Supplier’s Name],
Hope you’re doing well. I’m looking at your [product/service] and would like to know the current prices for small to medium orders. Could you also let me know about delivery timelines and whether discounts are available for repeated purchases?
Looking forward to your reply.
Thanks,
[Your Name]
Preliminary Message to Compare Market Prices
Subject: Request for Preliminary Price Information
Dear [Recipient’s Name],
We are currently conducting market research to compare available products and prices. I kindly request you to provide an indicative price list for [product/service]. At this stage, we are not committing to a purchase but would like to understand the cost structure for future consideration.
Please include any optional add-ons or service charges that may apply.
Thank you for your time and assistance.
Best regards,
[Your Name]
Official Letter Requesting Price for Government Tender
Subject: Price Quotation Request for Government Tender Reference [Tender ID]
Dear Sir/Madam,
We are participating in a government tender under reference [Tender ID] and are seeking your quotation for the supply of [product/service]. Kindly provide your best price, delivery terms, compliance certifications, and warranty details in line with the tender requirements.
Please ensure that your quotation is submitted before [date], as late submissions cannot be considered.
We look forward to your prompt response.
Sincerely,
[Your Name]
[Designation]
[Organization]
Simple Letter Asking Local Store for Price
Subject: Request for Price Information
Dear [Shop Owner’s Name],
I am interested in purchasing [product name] from your store. Could you kindly inform me of the current price and availability? Please also let me know if you offer delivery services.
Looking forward to hearing from you soon.
Thank you,
[Your Name]
Professional Email Asking for Wholesale Rates
Subject: Wholesale Price Inquiry
Dear [Supplier’s Name],
Our business is considering sourcing [products] in bulk for distribution. Could you please provide your wholesale rates along with minimum order quantities, shipping options, and payment terms? If you have a catalog, kindly share it as well.
We hope to build a long-term relationship and look forward to your reply.
Kind regards,
[Your Name]
[Your Company Name]
Quick Message Asking for Updated Prices
Subject: Updated Prices Request
Hi [Supplier’s Name],
Could you please send me the updated prices for [products] as of this month? I want to ensure I’m working with the latest information before placing my next order.
Thanks a lot,
[Your Name]
Creative Price Inquiry Email with Humor
Subject: Price Inquiry – Don’t Break My Wallet!
Hey [Supplier’s Name],
I’ve been eyeing your [product] for a while now and I think it’s finally time to ask the million-dollar question: how much is it really going to cost me? Hopefully, it’s not actually a million!
Could you send me your price list along with delivery options? If you throw in a good discount, I promise to be your happiest customer.
Cheers,
[Your Name]
Serious Price Inquiry for Customized Product
Subject: Request for Custom Product Pricing
Dear [Recipient’s Name],
Our organization is interested in procuring a customized version of your [product/service]. Please provide a detailed quotation including customization charges, expected production timelines, and any additional fees associated.
We are evaluating suppliers for a long-term partnership and value precise and transparent pricing.
Thank you for your attention to this request.
Sincerely,
[Your Name]
[Position]
[Company Name]
Heartfelt Message Requesting Price for Charity Purchase
Subject: Request for Special Pricing for Charity Purchase
Dear [Supplier’s Name],
I am writing on behalf of [Charity/Organization Name]. We are looking to purchase [products] to support our community initiative. As this is a charitable cause, we kindly request your best pricing or any possible discounts that you could extend to help us maximize our impact.
Your support would mean a lot to the people we serve.
Warm regards,
[Your Name]
[Organization]
What is a Price Inquiry Letter and Why Do You Need It
A price inquiry letter is a written request sent to suppliers, vendors, or service providers asking for details about the cost of products or services.
It helps businesses and individuals gather information before making a purchasing decision.
The purpose is to compare options, negotiate better deals, and plan budgets more effectively.
Who Should Send a Price Inquiry Letter
- Business owners looking for wholesale or bulk prices
- Purchasing managers tasked with procurement
- Individuals comparing prices before personal purchases
- NGOs or charities seeking discounted rates
- Contractors needing quotations for tenders
Whom Should a Price Inquiry Letter Be Addressed To
- Suppliers or manufacturers directly
- Authorized distributors or resellers
- Local shop owners or retailers
- Sales representatives of a company
- Procurement departments for official tenders
When to Send a Price Inquiry Letter
- Before making a bulk purchase decision
- When participating in tenders or bids
- To compare different suppliers’ offers
- When prices are unclear or outdated
- Before budgeting for a project or event
- When seeking discounts or special rates
How to Write and Send a Price Inquiry Letter
- Start with a clear subject line.
- State the purpose of your inquiry upfront.
- Mention product details like model, size, or specifications.
- Ask for additional details such as delivery charges and payment terms.
- Keep the tone polite and professional.
- Send via email for quick responses or official letter for formal cases.
Formatting and Style of a Price Inquiry Letter
- Keep the letter concise but detailed.
- Use a professional tone for official inquiries and tenders.
- Casual or creative styles can be used for personal or friendly suppliers.
- Avoid jargon and write in plain language.
- Include product details, expected order size, and contact info.
- Digital format (email/message) is preferred for quick communication.
Requirements and Prerequisites Before Writing
- Have a clear list of products/services needed
- Note specifications such as size, model, or brand
- Define order quantities (if known)
- Prepare your budget or expected price range
- Decide on delivery timelines and payment preferences
- Collect contact details of the right supplier or person
After Sending: Follow-up and Next Steps
- Wait for the supplier’s response before making comparisons
- If no reply is received, send a polite reminder after a few days
- Once quotations are received, create a comparison chart
- Contact shortlisted suppliers for negotiation
- Confirm terms in writing before placing an order
Pros and Cons of Sending a Price Inquiry Letter
Pros:
- Provides transparency in pricing
- Helps in comparing suppliers
- Useful for budgeting and planning
- Can lead to discounts and better deals
Cons:
- Takes time to prepare and send
- Some suppliers may not respond promptly
- Overly detailed requests can delay replies
Common Mistakes to Avoid in Price Inquiry Letters
- Being vague about the product or service required
- Forgetting to ask about hidden charges like delivery fees
- Using an unprofessional or impolite tone
- Sending the letter to the wrong person or department
- Not including your contact details
Elements and Structure of a Price Inquiry Letter
- Subject line or heading
- Greeting with recipient’s name
- Purpose of the inquiry stated clearly
- Details of products/services (specifications, quantities)
- Request for pricing, delivery, and terms
- Closing statement expressing gratitude
- Contact information for reply
Tricks and Tips for Effective Price Inquiry Letters
- Be clear and specific in your request
- Mention potential for long-term partnership to get better deals
- Ask about discounts, offers, or packages
- Send inquiries to multiple suppliers to create competition
- Keep track of responses for future reference












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