SELLER OFFERS GOODS ON CONSIGNMENT
OLYMPICS ELECTRONICS
4/2, Madiwala Market,
Bangalore (India)
4/2, Madiwala Market,
Bangalore (India)
To
M/s Titan Watches Co.,
L-16/6 Hazratganj, Lucknow.
Dear Sirs,
We are anxious to extend our market for our Product which at present enjoys a limited sale in Lucknow.
We therefore write to suggest that you allow us to send a selection of our goods on consignment. We would allow you commission of 20% on gross proceeds and expect to receive your sales account, with payments, at the end of one month period following the month of delivery.
In accepting our proposal you take no risk since we ourselves would meet all expenses connected with the return of goods unsold. On the other hand, the arrangement would enable you to offer your customers an attractive range of modern watches at very reasonable prices.
If you are interested in our proposal we suggest a formal agreement on the lines of the model agreement enclosed।
M/s Titan Watches Co.,
L-16/6 Hazratganj, Lucknow.
Dear Sirs,
We are anxious to extend our market for our Product which at present enjoys a limited sale in Lucknow.
We therefore write to suggest that you allow us to send a selection of our goods on consignment. We would allow you commission of 20% on gross proceeds and expect to receive your sales account, with payments, at the end of one month period following the month of delivery.
In accepting our proposal you take no risk since we ourselves would meet all expenses connected with the return of goods unsold. On the other hand, the arrangement would enable you to offer your customers an attractive range of modern watches at very reasonable prices.
If you are interested in our proposal we suggest a formal agreement on the lines of the model agreement enclosed।
Yours faithfully,
R. Lal
(Area Manager)
R. Lal
(Area Manager)
Dated: 18th Oct., 1997
RETAILER’S ACCEPTANCE OF GOODS ON CONSIGNMENT
TITAN WATCHES
L-16/6,
Hazratganj, Lucknow
To
Olympics Electronics,
4/2, Madiwala Market,
Bangalore (India).
Dear Sirs,
Thank you for your letter of 18 Oct. 1997. We have carefully considered your proposal to send a trail delivery of our Olympics watches and we are sending our representative for selection of our most popular designs. We hope you will find ready sales for them. Your suggestion to submit accounts and to make payments on two monthly bases is quite satisfactory. You are willing to allow us a commission at 20% calculated on gross profits.
You will send us bill and other documents. By the time we receive them you enclosed a proforma invoice showing prices at which the watches should be offered for sale.
Because of its good quality, attractive designs and reasonable price, these watches will sell well and we think it will have good sales in our market.
Olympics Electronics,
4/2, Madiwala Market,
Bangalore (India).
Dear Sirs,
Thank you for your letter of 18 Oct. 1997. We have carefully considered your proposal to send a trail delivery of our Olympics watches and we are sending our representative for selection of our most popular designs. We hope you will find ready sales for them. Your suggestion to submit accounts and to make payments on two monthly bases is quite satisfactory. You are willing to allow us a commission at 20% calculated on gross profits.
You will send us bill and other documents. By the time we receive them you enclosed a proforma invoice showing prices at which the watches should be offered for sale.
Because of its good quality, attractive designs and reasonable price, these watches will sell well and we think it will have good sales in our market.
Yours faithfully,
A.R. Rehman
(Manager)
A.R. Rehman
(Manager)
Dated: 29th July, 1990
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