What is Blue Life Deals ?
It is a process through which you become Our Vendor & Partner to Sell your Product !
Question is are you facing a difficult time securing your sales contract?
Even with years of experience in a particular area, it can be a time-consuming process when it comes to securing sale contracts for your products. It’s even more difficult if you’re hiring a marketing company for sales with heavy budgets. Come to us if you have a reliable product and want to increase your sales by securing big contracts.
Selecting our vendor & partner is an important part of the marketing process for us because we believe in Quality, not Quantity. We will not charge you upfront rather we become your partner and our professional team will take on your task of marketing & securing contracts for you. We will coordinate with you and make sure the following is done:
- Write, design, or produce sales literature, ads, or other creative materials
- Design, write or develop your website or online campaigns
- Run a telemarketing campaign
- Develop your media plans
- Provide email or search marketing services
- Manage the print and fulfilment process for a mail campaign
- Handle publicity on all social media platforms
- Approach big buyers on your behalf & market your products
- Finally, secure a contract by contacting big buyers in the industry
There are many benefits to outsourcing to qualified marketing companies; you can gain deep industry experience, access new technologies, or save money thanks to efficiencies a marketing merchant can provide. But it’s important to carefully evaluate and manage your merchant to reap those rewards.
Before you begin
Next time you need a marketing merchant for one of your sale contract make sure they know their job well and select the best person or company for the job. Here is what we believe in when it comes to professional dealings:
Management Strategies
Partner & Vendor management allows us to build a relationship with our suppliers and service providers that will strengthen both businesses. Vendor management is not about squeezing your partners for the lowest price possible. The process of vendor management involves the back-and-forth of a successful relationship so that both the supplier and the buyer can benefit. Our process is structured in such a way that it is a win-win for both sides.
Communicate Regularly and Frequently
The most important success factor of our vendor management is to share information and priorities with our vendors. We establish a rhythm and agenda for mandatory meetings with the vendor. This does not need to be a face-to-face meeting because virtual meetings are now so easy to set up and use. Regular communication will ensure that both sets of priorities are understood and adhered to. Our objective of the meeting is to drive accountability, monitor performance, and generate sales for our Partners/vendors. We treat every product separately according to market analysis.
Balance Commitment and Competition
One of the goals in vendor management is to gain the commitment of our vendors/partners to assist and support the business priorities that you have established and will be measured by. In turn, the vendor is expecting a certain level of commitment from us too. This does not mean that you should blindly accept the prices they provide. We always try to get competitive bids.
We engage our Vendors in Key Strategy Sessions
If a vendor supplies a key component/product to us, we invite that vendor to strategic meetings that involve the product they are involved in. The purpose of hiring this vendor is because they were deemed as a critical supplier, and in that role, the vendor could make the product or service better and/or cheaper than you could. If our vendors /partners are participating in the meetings where key decisions are made and strategies are established. We make sure that we have an appropriate Non-Disclosure Agreement (NDA) in place before any meetings of this sort take place with the vendor.
Build Partnerships for the Long Term
We seek long-term relationships over short-term gains and marginal cost savings. Constantly changing vendors in order to save a penny here or there will cost more money in the long run and will impact quality. Other benefits of a long-term relationship include trust, preferential treatment, and longer-term shared accountability for the success of the business. The cost of switching vendor’s mid-stream is not only monetary but could also have broader consequences on the product lifecycle and the ability to stay on track with a product launch, updates, and sales.
Understand Your Vendor’s Business
The vendor that we chose is in business to be profitable, just as you are. Therefore, we strongly believe if we are constantly squeezing them to cut costs, then either quality will suffer or they will go out of business. A key component of vendor management is to contribute knowledge or resources that may help the vendor better serve you.
Getting to know the vendor’s business and their business model for profitability will help us understand their side of the partnership and will build a better relationship between the two companies.
Win-Win Is the Goal
Vendor management requires that negotiations are completed in good faith. Look for negotiation points that can help both sides accomplish their goals. A strong-arm negotiation tactic will only work for so long before one party walks away.
Align on Value
For us, Vendor management is more than getting the lowest price. Most often the lowest price also brings the lowest quality. As the saying goes, “You get what you pay for.” So we are careful not to short-change the vendor by trading off quality, as this could have a profound impact on our business. The key is for both sides to align on what constitutes a good value. You should be willing to pay less or more in order to receive better quality/sales. If our merchant vendor is serious about the quality they deliver, they won’t have a problem specifying the quality details in the contract.
