What does firm mean when selling?

a sale in which the buyer is not allowed to return the goods: No returns will be accepted for items supplied on firm sale.

How do you respond when someone asks if a price is firm?

Pause. If you truly are flexible, say with a smile: “It depends – what is your offer?” If your price is already low and firm, it is perfectly fine to say that – but know that you likely won’t get that particular potential sale. If the offer is too low, simply say that.

What does firm on price mean in offer up?

When you set a firm price, buyers will only be able to make offers at the posted price. They may still message you to ask if you’re willing to take a lower offer, however. Setting a firm price is a great option when you have a good idea of what the item should cost.

Is a firm a business?

A firm is a for-profit business, usually formed as a partnership that provides professional services, such as legal or accounting services. Not to be confused with a firm, a company is a business that sells goods and/or services for profit and includes all business structures and trades.

Does firm mean hard?

not soft or yielding when pressed; comparatively solid, hard, stiff, or rigid: firm ground; firm texture. securely fixed in place. not shaking or trembling; steady: a firm voice.

How do you tell a customer you can’t lower your price?

Instead, here are three ways to respond and close the deal on the terms you want.

1. Let the client win on something other than price. You don’t want to get this conversation into a bargaining war.
2. Open up product offerings. Don’t lower your price–instead, offer more lower-value products.
3. Agree, then defend.

When someone asks what’s your best price?

How to Respond to, “What’s your Best Price?”

• Recognise the Question and Provide More Information.
• Enlighten the customers on the value they’ll get.
• Let the customers explore their options on their own time.

How can I lower my OfferUp price?

How to edit my post

1. Open the OfferUp app, then tap .
2. Tap Selling, then tap the item you want to edit.
3. From the Item Dashboard, tap Edit post. You’ll go through the posting flow again and can edit at any step of the process.
4. Tap Save at the end of the flow and the item will be updated.

How do you haggle on OfferUp?

Negotiate prices

1. If an item’s price is negotiable, the seller’s listed price can be considered a rough guideline.
2. Be fair.
3. If the seller has set a very low price for an item clearly worth more, offer a reasonable price.
4. Be respectful and open to counter-offers.

What is a firm in economic?

The firm is a central institution in the functioning of any economic system in which people meet their needs through the division of labor, cooperative production, and the exchange of goods and services. Firms take the form of a legal entity with its own trade name.

Why is a company called a firm?

A company is called a firm when it is a partnership of two or more persons. An organisation is an organized group of people with a particular purpose, such as a business or government department. Corporation is a large company or group of companies authorized to act as a single entity and recognized as such in law.

What is a firm in a business?

What Is a Firm? A firm is a for-profit business organization—such as a corporation, limited liability company (LLC), or partnership—that provides professional services.

What is a firm fixed price contract?

If you’re wondering, “what is a firm fixed price contract,” it’s the type of contract in which the person buying a product or service pays the seller a fixed amount that does not vary even if unexpected costs arise or additional resources are needed.

Would you make a lower offer if the seller stated price?

As a hopeful buyer, I probably wouldn’t make a lower offer if the seller stated price was firm, but if I REALLY wanted the piece, I would at least acknowledge the terms but might respectfully offer a lower price, ‘just in case the seller changes their mind.”

Do you consider something to be firm if it’s listed firm?

No, if it’s listed as firm, it’s firm. I’ve listed stuff as firm, and if someone offers less, it’s just annoying. “Integrity is doing the right thing, even when no one is watching.”

What happens if supplier prices change under an FFP contract?

However, if supplier prices change, the contractor is generally required to absorb these costs under an FFP contract. On the other hand, when prices are significantly reduced, these costs cannot be recouped by the buyer, who is tied to the original quoted price in the contract.