We are quoting fabricated metal , halo back lit wall letters and the customer sends us a quote from an online retailer for the "same" design that is less than 20% of our quote from Gemini.
The online site is using an AI generated rendering and saying 10 days to ship anywhere.
Are these online sites for real or just scams?
We live in a constant evolving world, and pace of changing is increasing. There is always a question of adopting new technologies from the time it pops up or wait to see where the market is heading to(because not all new technologies are a winner). Your situation might be because of:
- your running costs are bigger than theirs, so your price per product is higher
- your acquisition prices for raw materials are higher
- they have cheaper labor costs
- they have automation tools that cuts their costs
- they outsource to China/India (especially for smaller
signs)
- they make that
sign from scraps remaining from other jobs.
or a mix of the above, or might be something that we don't know.
Why do you think they can get better price than you?