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Re: Magnum7419 post# 10102

Sunday, 06/21/2020 10:51:50 AM

Sunday, June 21, 2020 10:51:50 AM

Post# of 24830
Keep in mind price is important but relationship and specifications, product features and product differentiation all pay a role.
I'm in sales and I deal with this all the time. Also in the business that I'm in, we deal with governments bids. I know the process.
If you have the relationship with your government customer, the bid specifications can be written around your product to essentially keep the others from bidding using what we call the lockout specs (specs that value differentiate from other competitors) to keep them from bidding. Even if your competitor bids, they will not win as they cannot meet the specifications. OZSC has said they have the relationship covered. As long as the bid specifications can be/is written around their products, they have very good chance of winning.
Volume:
Day Range:
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Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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