RFQ (Request for Quotation) — Complete FAQ Answers
All common questions about RFQ (Request for Quotation) leads — from basic definitions to practical tips to help you quickly master how to use RFQ leads effectively.
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What is an RFQ?›
An RFQ (Request for Quotation) is a formal procurement intent request sent by a buyer to potential suppliers, typically including: desired product name and specifications, purchase quantity (or range), expected price range, delivery location and timeline, packaging and certification requirements. An RFQ represents a buyer who has entered the supplier selection stage.
What's the difference between an RFQ and a general inquiry?›
A general inquiry is typically broader — the buyer may just be exploring the market. An RFQ is usually more formal and detailed, with the buyer actively selecting suppliers and thus a higher conversion probability. The platform labels each lead type to help you distinguish.
How do I know if an RFQ is genuine?›
The platform uses multi-source cross-referencing to verify RFQ source authenticity and displays data source and publication date. We recommend checking: ① Does the buyer company have a legitimate website and social media presence? ② Is the purchase quantity within a reasonable range? ③ Is the contact information consistent with the company domain?
How long is an RFQ valid?›
RFQ validity varies — typically 2-8 weeks. The platform displays the publication date; we recommend prioritizing RFQs from within the last 30 days. RFQs over 60 days old may have already selected a supplier, but are still worth contacting to establish a backup supplier relationship.
How do I respond to an RFQ quickly?›
① Unlock RFQ contact details → ② Use AI Operations to generate a customized quotation email for that RFQ → ③ Attach product spec sheets/sample information → ④ Send during the buyer's business hours (avoid their time zone's late night or holidays) → ⑤ If no reply within 48 hours, send a follow-up email.
Can I respond to multiple RFQs simultaneously?›
Yes. The AI Operations system supports batch processing — select multiple RFQs and the system generates different personalized quotation emails based on each buyer's information and batch-sends them without manual processing for each.
Is the purchase quantity in an RFQ always accurate?›
Not necessarily. Buyers may enter a reference quantity, and actual purchase volume may be larger or smaller. We recommend proactively confirming in your reply and offering flexible MOQ options.
What language should I use to reply to RFQs?›
We recommend replying in the official language of the buyer's country or in English. The AI Operations system supports multi-language generation and can automatically select the appropriate language based on the buyer's country.
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