Understand quotes and contracts
Understand — Quotes & Contracts.
How quoting works in B2B commerce, and how the quotes app models it: the states a quote passes through, where a quote ends and a contract price begins, and why buyers ask for a quote when the price is already on the screen.
- The quote lifecycle: requested, in review, quoted, accepted or partially accepted, declined, rejected or expired.
- Quotes and contract prices: one deal against a standing price, and what an accepted quote does not create.
- Request for quote in B2B: why buyers ask, and the two ways a quote starts.