What is negotiable price in SAP CRM-BTX - Business Transactions?

SAP Term: negotiable price

• Component: CRM-BTX

• Component Name: Business Transactions

• Description: A price that has been negotiated between the buyer and the seller in deal management.

Smart SAP Assistant

• Key Concepts: 
  Negotiable price is a feature of SAP CRM-BTX Business Transactions that allows customers to negotiate the price of a product or service. This feature allows customers to make an offer on the price of a product or service, and the seller can either accept or reject the offer. The seller can also make a counteroffer, and the customer can then accept or reject the counteroffer. 
  
  How to use it: 
  To use the negotiable price feature, customers must first select the product or service they wish to purchase. Once they have selected the item, they can enter their desired price in the “negotiable price” field. The seller will then receive a notification of the customer’s offer and can either accept or reject it. If the seller rejects the offer, they can make a counteroffer which the customer can then accept or reject. 
  
  Tips & Tricks: 
  When making an offer on a product or service, it is important to consider both the seller’s needs and your own budget. It is also important to be reasonable when making an offer, as sellers may be less likely to accept an offer that is too low. 
  
  Related Information: 
  For more information on SAP CRM-BTX Business Transactions and how to use its features, please visit SAP’s website at https://www.sap.com/products/crm-btx-business-transactions.html.