In a previous post we mentioned that a low cost or no cost marketing tip was to use vendors to find new customers. Here are 4 more reasons to build better relationships with your vendors.

1. Vendors control your costs (money saved on vendor-expenses goes straight to your bottom line – which is why the question “Is that the best you can do?” is something to ask about EVERY price quoted to you.)
2. Vendors know if your competitors are in trouble, and can help you find out if there is there an opportunity to buy a business at a discount.
3. Vendors want you to succeed AND can refer you business.
4. They will often supplement your marketing dollars, provide promotional giveaways and/or sponsor your events

Can you think of other reasons to build vendor relationships? You can share your tips by leaving a comment below.