In Lagos, Nigeria, there are several affordable options for awards and trophies, whether you’re organizing a small event, a corporate function, or a school ceremony. Excellence Awards International is where you can find cost-effective awards. Choose Excellence Awards International for affordability of award plaques because the company is offering a range of products and services that cater to different budgets.
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Other reasons include
Custom Awards and Trophies Design and Production
The company Creates custom trophies, plaques, medals, and certificates tailored to the client’s specifications.
Material Options: Using a variety of materials such as glass, acrylic, wood, or metal, depending on the client’s budget and preferences.
Reviews: Excellence Awards International houses one of the best customers reviews online
Engraving Services: Providing personalized engraving with names, logos, and award details.
In Lagos, Nigeria, at Excellence Awards International show room you can find a variety of affordable award plaques that cater to different budgets and styles. These plaques are often used for recognizing achievements in corporate settings, schools, sports, and other events.
Most common types of affordable award plaques you can find:
Wooden Plaques
Basic Wooden Plaques: These are typically made from MDF (Medium Density Fiberboard) or laminated wood. They are the most affordable option and can be finished with a glossy or matte coating.
Acrylic Plaques
Clear Acrylic Plaques: These are popular for their modern look. They can be engraved or have printed inserts. Acrylic plaques are often more affordable than glass plaques but offer a similar aesthetic.
Colored Acrylic Plaques: These come in different colors and can be customized with text and logos.
Glass Plaques
Economy Glass Plaques: These are often simple in design and are more affordable than high-end glass or crystal options. They are usually clear glass with engraving or printing.
Metal Plaques
Aluminum Metal Plaques: Lightweight and durable, these plaques can be engraved or printed. They are often used for outdoor awards or where a metallic finish is desired.
Brass and Copper Plaques: Slightly more expensive than aluminum but still affordable, these plaques offer a classic look with a shiny finish.
Combination Plaques
Wood and Metal Combination: These plaques combine a wooden base with a metal plate for engraving, offering a premium look at a lower cost.
Acrylic and Metal Combination: This option offers a sleek and modern design, with the acrylic providing a clear, glass-like appearance and the metal adding durability.
When purchasing award plaques or similar products in Lagos, Nigeria, several factors can contribute to securing a price cut or discount.
Here are the key factors that might influence the final price:
Bulk Orders
Volume Discount: The more units you purchase, the lower the price per unit. Vendors often offer significant discounts for bulk orders as it reduces their cost per unit and ensures a larger sale.
Economies of Scale: Large orders can lower production costs for the vendor, which they may pass on to you as a discount.
Negotiation
Bargaining Power: In many local markets and shops, prices are negotiable. Having strong negotiation skills can help you secure a better deal, especially if you’re purchasing a significant quantity.
Repeat Business: Establishing a relationship with a vendor or being a repeat customer can give you leverage in negotiating better prices.
Customization Level
Standard Designs: Opting for standard or pre-made designs rather than fully customized plaques can lower costs. Custom designs often require more time and resources, increasing the price.
Simple Engravings: Choosing simpler engraving options (like text only) instead of intricate designs or logos can reduce costs.
Material Choice
Affordable Materials: Selecting more cost-effective materials like MDF (Medium Density Fiberboard) or basic acrylic instead of glass or metal can reduce the overall price.
Timing and Seasonality
Off-Peak Season: Purchasing during off-peak times, when demand for awards and plaques is lower (e.g., not during graduation seasons or end-of-year corporate events), may lead to discounts.
Advance Orders: Placing your order well in advance gives the vendor more time to work on it, often leading to lower prices compared to rush orders.
Vendor Promotions
Sales and Promotions: Look out for sales events or special promotions from vendors, especially around holidays, anniversaries, or other special occasions.
Loyalty Discounts: Some vendors offer discounts to loyal customers or through loyalty programs.
Payment Method
Cash Payments: Some vendors might offer a discount for cash payments as it reduces transaction fees and ensures immediate payment.
Upfront Payment: Offering to pay the full amount upfront rather than in installments might secure you a better deal.
Vendor Relationships
Preferred Customer Status: Building a good relationship with a vendor can lead to preferred customer status, where you might receive discounts, priority service, or free upgrades.
Referrals: Referring other customers to the vendor might earn you discounts on future purchases.
Competition
Local Markets vs. Online: Sometimes local markets offer better negotiation opportunities compared to online vendors, while online platforms might offer discounts for first-time buyers or during special sales.
Special Arrangements
Package Deals: Bundling your order with other products or services, such as event planning, can sometimes result in overall savings.
Long-Term Contracts: If you’re a business or organization that frequently orders awards, negotiating a long-term contract with a vendor could secure consistent discounts.
By leveraging these factors, you can significantly reduce the cost of purchasing award plaques in Lagos.
