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This question is about sales associate and cashier skills.
What is a sales quote?
A sales quote is a statement that details to a potential client or customer how much a specific service or product will cost.
There are three different types of sales quotes, these include:
Estimate
Estimates give clients and customers a general idea of a service, product, or project's cost. Most of the time, these quotes are not concrete and can fluctuate once a contract is agreed upon or if there are contingencies for price increases during a provided service or project.
Estimate quotes can change based on the customer or client's needs and the specific service or project's needs. This means they are flexible yet still inform the customer about a general price range.
Fixed Price Breakdown
Fixed price breakdowns show customers the exact price they will pay for a specific product, service, or project. Fixed price breakdowns are not like estimates because they are not subject to any changes in cost.
Request for Quotation
Responses to requests for quotation (RFQs) are very specific and have a strict format. These are quotes a business or representative sends to a client in response to an RFQ from a client.
This type of sales quote helps consumers compare and contrast services or products of different providers and enables them to decide which provider offers them the best deal in terms of cost.
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