25 Nov 2016

Assignments (Inquiry and reply of inquiry letter)

Enquiries and Replies
Introduction
In international trade, letters of enquiry (also inquiry) are an important routine document in the pre-deal business stage. Enquiries can be made either by the supplier or the buyer. However, the buyer makes most of the enquiries in practice.
Enquiries are sent and received by postal letters, emails, and faxes in business for information about goods or services. Generally speaking, there are two kinds of enquiries: general and specific. In a general enquiry, the buyer may only request some general information such as a catalogue, price list or quotation sheets, samples, illustrated prints, and so on. In a specific enquiry, the buyer can enquire about quality, quantity, specifications, terms of payment, date of shipment and delivery, and other specific requirements.
Enquiries mean potential business, so they must be acknowledged promptly and courteously. If an immediate sale is not available, an enquiry must be acknowledged to establish goodwill, informing the enquirer, e.g. when the goods can be supplied, or introducing some substitutes which perhaps will bring in more business in the future. If the enquiry is from an established customer, say how much you appreciate it; if it is from a prospective customer, i.e. a first enquiry, say you are glad to receive the enquiry and express the hope of a lasting and friendly business relationship.
An important principle with enquiries, as indeed with all business communication, is that of always replying and helping existing or potential customers. Even if you cannot supply their immediate needs, you may be able to offer alternative products of interest or help them locate what they are looking for. Not replying is not an option: it will close the door to any future business and lose goodwill. In replying to enquiries it is possible and even desirable to personalise your answers by encouraging the customer to contact you and actively encouraging them to make contact with you or another named person.
Specimen Documents
Specimen 1: Enquiry from a retailer to a foreign manufacturer and reply
Dear Sirs

We were impressed by the selection of sweaters that were displayed on your stand at the „Menswear Exhibition‟ that was held in Shanghai last month.

We are a large chain of retailers and are looking for a manufacturer who could supply us with a wide range of sweaters for the teenage market.

As we usually place very large orders, we could expect a quantity discount in addition to a 20% trade discount off net list prices, and our terms of payment are normally 30-day bill of exchange, documents against acceptance.

If these conditions interest you, and you can meet orders of over 500 garments at one time, please send us your current catalogue and price list. We hope to hear from you soon.
Yours faithfully

L Crane
Chief Buyer
For F. Lynch & Co.

Possible reply
Dear Mr Crane

We are pleased to receive your enquiry, and to hear that you liked our range of sweaters.
There would certainly be no trouble in supplying you from our wide selection of garments which we make for all age groups.

We can offer you the quantity discount you asked for which would be be 5% off net prices for orders over US$3,000, but the usual allowance for a trade discount in China is 15%, and we always deal on payment by sight draft, cash against documents. However, we would be prepared to review this once we have established a firm trading association with you.

Enclosed you will find our summer catalogue and price list quoting prices cif London.

We are sure you will find a ready sale for our products in Mexico as have other retailers throughout Europe and America, and we do hope we can reach an agreement on the terms quoted.

Thank you for your interest; we look forward to hearing from you soon.

Yours sincerely

Rodger Li (Mr)


Specimen 2: General enquiry and reply
United Textiles Limited
22 Lawton Street
Liverpool
England

8 May 2012

Chinatex Corporation
19 Jianguomen High Street
Beijing
China

Dear Sirs

We have received your name and address from Messrs. Anderson & Co. and are delighted to learn that you export hand-made gloves in a variety of colors and designs.

We are a large dealer in gloves in the UK and believe there is a large and steady demand here for gloves of high quality.

Would you please send us your catalogue and price list for gloves, with details of your prices and terms of payment? It would be greatly appreciated if you could also send samples of your products by airmail.

We look forward to your early reply.

Yours faithfully
For United Textiles Ltd
(signature)

Possible reply
18 May 2012

Dear Sirs

We were very pleased to receive your enquiry of 8 May and have pleasure in enclosing our latest catalogue and price list for your reference. Also by separate post we are sending you some samples. We are confident that you will find our goods both excellent in quality and reasonable in price.

We invite you to consider and compare the quality and price of our products, and look forward to receiving your first order. If you have any further questions please do not hesitate to contact us at any time.

Yours faithfully
For Chinatex Corporation

(signature)
Encs

Specimen 3: Specific enquiry and reply
2 July 2012

VBH Australia Pty Ltd
4/42 - 44 Hartnett Drive
Seaford VIC 3198
Australia

Dear Sirs

Stainless Steel Hinges

We are a state-owned trading company in Guangzhou, China. We are now in the market for a large quantity of stainless steel hinges.

We used to buy elsewhere and now are looking to buy from your company, because we understand that you are supplying goods of the same quality in large quantities at more attractive prices.

Our detailed requirements are:
Quantity required        5 000 sets
Packing                        in cartons
Shipment                     September/October 2012
Terms of payment       confirmed L/C payable by draft at sight

Please quote us the best price CIF Sydney as per Incoterms 2000.

Provided your price is reasonable and the quality is found to be satisfactory, we would be willing to place regular orders with you.

We look forward to your early reply.

Yours faithfully
For Guangzhou Metals & Minerals Imp & Exp Co Ltd
(signature)
Wang Jun (Mr)
Chief Buyer

Possible reply
10 July 2012

Dear Mr Wang

Stainless Steel Hinges

Thank you very much for your enquiry of 2 July for our stainless steel hinges. We can supply them from stock. We are pleased to quote as follows:

1 Quantity                              5 000 sets
2 Unit Price                            USD 100/set CIF Sydney Incoterms 2000

Your terms of payment by sight L/C are acceptable to us. For the sake of prompt shipment, please make sure that the relevant L/C reaches us at least 30 days before the stipulated date of shipment.

If you would like any further information, please do not hesitate to contact me personally or my assistant Sally Lewis on [PHONE NUMBER].

We look forward to receiving your order in due course.

Yours sincerely
(signature)
Thomas Rose (Mr)
Overseas Sales Director



Useful Expressions
1.      We learned your name and address from …, who have informed us that you are in the market for Chinese tea.
2.      Your firm has been recommended/introduced to us by R.G. Nelson Co Ltd as one of the leading exporters of chinaware, and we are writing to you with a view to enquiring about ….
3.      The Homebase Company informed us that you are one of the leading importers of tools and instruments and may be interested in trading with us in this line. For your information, we are sending you a list of items which could be suitable for your market requirements.
4.      We write to introduce ourselves as one of the leading exporters of a wide range of electric fans and air conditioners.
5.      One of our customers is interested in your products and would like to receive some samples and a price list.
6.      We would be grateful if you would send us your catalogue, price list and other particulars of your products.
7.      Please quote us your lowest price CIF New York for the goods mentioned above, including our 3% commission.
8.      Thank you for your enquiry of May 5 concerning … (omitted). We are sending our latest catalogue and price list for your information by email attachment.
9.      We were pleased to receive your enquiry of May 8, and are happy to inform you that some samples are being dispatched separately.
10.  We regret that the goods you ordered are out of stock at the moment. We will get back to you as soon as possible to let you know when they will be available.
Guide to Writing
1.      The following points are often included in a first enquiry:
1)      Mention how you obtained your potential supplier‟s name and address. Useful sentences can be:
a.       We have seen your advertisement in …
b.      We have received your name from our associates…
c.       The Bank of China, Jinan Branch, has informed us that ….
d.      We saw your latest models demonstrated recently at …
e.       We understand that you are offering …
f.       Your representative has just visited us and told us that …
2)      Introduce your company briefly. Examples are:
a.       We are one of the leading importers of …
b.      We deal in …
c.       Our company is a major distributor of …
d.      We are one of the largest Scandinavian manufacturers of …
e.       Our company supplies the market with …
f.       We do extensive business in …
3)      State your market conditions, for example :
a.       We are thinking of placing an order for …
b.      There is a growing demand for private cars in our country.
c.       There is considerable demand in the Swedish market for …
d.      The market for products of this kind is expanding, and we will require
e.       There has been a significant increase in demand for the type of goods you manufacture…
f.       We are considering introducing goods such as those you produce on the Chinese market…
4)      State clearly your specific requirements, including prices, discounts, delivery time and other concerns:
a.       Please send us your quotation for …
b.      Kindly let us know what discount you would allow us on a quantity of
c.       We would be grateful if you would let us have your catalogue and price list as well as terms of payment.
d.      Prompt delivery is essential: would you be able to ship the consignments within three weeks of receiving orders from us?
e.       Your quotation should be in US dollars, CIF Qingdao Incoterms 2000.
f.       We would appreciate a visit from your representative. Please show us samples of … and discuss terms of …
g.      When quoting, please state your terms of payment and the discount you would allow on purchases of quantities of not less than 100 dozen individual items. Prices quoted should include insurance and freight to Liverpool.
5)      Encourage your correspondent to reply:
a.       We look forward to hearing from you.
b.      We hope to hear from you very soon.
c.       We would appreciate an immediate reply by fax.
d.      Since we need these articles urgently, a prompt reply is essential.  
e.       Please let us know as soon as possible whether you are able to supply us.
f.       We are looking forward to receiving this information, and to doing business with you. In a follow-up enquiry, it is not necessary to mention the first two points.

2.      The following points are usually included in replies to enquiries:
1)      Thank the enquirer for his/her interest in your products. Examples are:
a.       Thank you for your interest in our products.
b.      We are pleased to learn that you are interested in our products.
2)      Assure your customer that you have faith in your product, which means that you have to “sell” it. Examples are:
a.       Our products are both high in quality and reasonable in price.
b.      Our goods are enjoying increasing sales in various countries of the world.
c.       Our products have a high reputation in the world for their excellent (superior) quality.
d.      Our goods are famous for their good quality and fine workmanship. They have been especially popular in the European market. Otherwise, offer an alternative
3)      Make sure that you do not leave out information and have supplied the printed matter that you think will help your customer.
a.       We are airmailing you the pricelist and catalogue you asked separately.
b.      Enclosed please find the samples you requested, namely children‟s cars in the “Sprite” range of toys.
c.       All the information you need has been sent out under separate cover today.
4)      Encourage an early reply, e.g.
a.       We look forward to your early reply.
b.      We would appreciate a prompt reply.

References
1. http://course.sdu.edu.cn/G2S/eWebEditor/uploadfile/20131201180129005.pdf



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