How far backwards do you bend to win a bid?
I've lost a couple of bids lately after I was sure I'd given solid low prices. I got a chance to see a winning bid that I lost to, and it was nuts how cheap they were. Business has been very good, but I felt guilty for not offering to match the price on the low bid even though I would have barely been breaking even (might have lost money if too many mistakes were made on the print).
Do you do anything to win a bid? Do you feel guilty for not going the distance to win a bigger client?
Posted Feb 26, 2020, 11:12 PM UTC
Why bust your ass to "win" a bid that either won't make you any money or may cost you money? Exposure? Hoping to gain them as a client?
If you don't make any money on the first order you do for them what makes you think you'll do better the next time? If they do business by bidding it's probably going to be minimal return unless the other lowballers decide they don't want to work for scraps either.
If you do decide to bid, make it a bid that's fair to you. If you win so much the better, if not, move on to other business.
Just my opinion, take it or leave it.
Thanks dude. I agree with everything you said, I just wanted to make sure I wasn’t being lazy or resting on my laurels while young hungry shops take over everything. They’re a company we’ve done a lot for and continue to do a steady amount of work for, but I know they get a lot of things done elsewhere for as cheap as they can get it, which is fine by me.