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Why it's Unwise to Pay too Much but Worse to Pay too Little

NYC area retail IT consultant discusses the potential problems with accepting the lowest bid and how to select a retail technology provider--in a new article from eMazzanti Technologies


News provided by

eMazzanti Technologies

Jan 13, 2021, 08:35 ET

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HOBOKEN, N.J., Jan. 13, 2021 /PRNewswire-PRWeb/ -- A NYC area retail technology consultant and MSP discusses the inherent problems with selecting the lowest bid in a new article on the eMazzanti Technologies website. Quoting John Ruskin, the author asserts that when you pay too little, you risk losing everything.

After listing several potential problems with accepting the lowest bid, she also gives three valid reasons for doing so. She concludes by discussing how to select a retail technology provider and encourages readers to consider intangible factors.

A customer should always consider other factors in addition to the dollar amount on the proposal. After all, what good is a low bid if the product is inadequate or the service inferior?

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"A customer should always consider other factors in addition to the dollar amount on the proposal," stated Jennifer Mazzanti, CEO, eMazzanti Technologies. "After all, what good is a low bid if the product is inadequate or the service inferior?"

Below are a few excerpts from the article, "Why it's Unwise to Pay too Much but Worse to Pay too Little."

What Can Go Wrong?

"In any buying situation, you may not realize that a low bid, particularly one that's much lower than the others, may be cause for concern. If the vendor has missed something important or excluded some items to provide a lower price, the project is likely to end up late and over-budget."

How to Select a Retail Technology Provider

"Before you start, consider what it is you really need from a retail technology provider. If what you want most is to leverage technology to grow the business and increase revenues while costs decline, that narrows down the selection pool considerably."

Consider Intangible Factors

"In addition to the expertise and partnerships providers list on their websites, look at their job ads. These will highlight the hard and soft skills they hire for in the professionals who will support your systems."

"Consider which company makes you feel the most at ease and has the best communication. If one returns phone calls or emails faster than the others, they will probably be the most responsive during the engagement."

Don't Pay Too Little or Too Much

eMazzanti Technologies brings 20 years of experience and numerous industry awards based on service excellence and commitment to customer success. Its technicians have talent, training, and experience that makes them valuable.

In addition, through incorporating the latest technology and productivity tools, the company has kept its rates competitive. Sometimes the lowest bidder, they always provide the greatest value.

Look for eMazzanti Technologies at the NRF2021 Virtual Retail's Big Show!

Have you read?

Rapid Online Retail Growth Drives Small Business Retailers in 2021

Engage a Personal Cyber Security Trainer for the New Year

About eMazzanti Technologies

eMazzanti's team of trained, certified IT experts rapidly deliver increased revenue growth, data security and productivity for clients ranging from law firms to high-end global retailers, providing advanced retail and payment technology, cloud and mobile solutions, multi-site implementations, 24×7 outsourced network management, remote monitoring and support.

eMazzanti has made the Inc. 5000 list 9X, including eight consecutive years, is a 4X Microsoft Partner of the Year, the #1 ranked NYC area MSP and NJ Business of the Year! Contact: 1-866-362-9926, [email protected] or http://www.emazzanti.net Twitter: @emazzanti Facebook: Facebook.com/emazzantitechnologies.

Media Contact

Kent Sorensen, eMazzanti Technologies, 14803345403, [email protected]

SOURCE eMazzanti Technologies

Related Links

http://www.emazzanti.net

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