Learn about actual and potential costs
How much should I pay for Closed-Circuit Television Systems?
What is the average price of Closed-Circuit Television Systems?
This procurement report includes pricing information to help you purchase Closed-Circuit Television Systems. Our analysts provide a benchmark price and a price range based on key pricing factors to help you understand what you should be paying for this specific product or service. To see the average price for this and hundreds of other products and services, subscribe to ProcurementIQ.
Has the price of Closed-Circuit Television Systems been rising or falling?
Analysts look at market data from the previous three years to determine an overall price trend. You can use the recent price trends to help you understand price volatility and plan your budget.
I’m not ready to purchase Closed-Circuit Television Systems yet. Will I pay more if I wait too long?
We forecast the next three years of price movements by looking at factors likely to affect the market's supply chain, such as inputs, demand and competition. You can then use the price forecast to figure out the best time to purchase.
What other costs are associated with purchasing Closed-Circuit Television Systems?
Our analysts calculate the total cost of ownership and assign a level of low, moderate or high, depending on things like customization, integration and installation. Use this information to budget for Closed-Circuit Television Systems with a reduced risk of unexpected costs.
See how we display average pricing information, trends and market data.
Find the vendor to meet your needs
Where can I purchase ?
There is a moderate level of market share concentration among CCTV system suppliers, with the top four firms accounting for between 30.0% and 50.0% of total revenue in 2021. ProcurementIQ estimates that 8,550 suppliers operate in the market, ranging from small private firms to large international manufacturers. Of these vendors,... Subscribe to learn more.
Questions to ask potential suppliers
How can I gain leverage during negotiations?
Experience and Expertise
How long have you provided these products to your longest-tenured client?
What qualifications does your staff have and what measures do you take to keep those qualifications up to date?
What industry do you most commonly supply this product for?
To what extent will ordering multiple products from your firm allow me to save on costs?
What is your repeat business rate for businesses in my industry and how does that compare to your overall rates?
Supply Chain Risk
Over the past three years, what percentage of your revenue has been dedicated to raw input materials? How has that changed?
Has the availability of raw materials tightened due to the coronavirus outbreak?
Over the past three years, what percentage of your revenue has been dedicated to labor?
How have fluctuations in input prices affected the prices of your products during the past three years?
How do you mitigate sudden price increases in raw materials?
When input prices rise, how much of the cost is absorbed by you and how much is passed onto buyers?
How, if at all, has your supply chain been affected by import tariffs levied in 2018?
How do you manage regulatory change? Do you have regulation advisers or methods to track regulation?
How have changing regulations influenced your pricing now and how will the changes affect prices over the life our proposed agreement?
What ongoing training procedures do you provide for your staff?
Have you ever been found to be noncompliant with regulatory frameworks?
Amid widespread health concerns during the COVID-19 pandemic, what contingency plans are in place to mitigate risk to your clients and employees? Do you offer clients any flexible exceptions, such as contract suspensions?
How have prices fluctuated in the last three years? In the next three years?
How will prices differ if I purchase the cameras, housing, monitors, DVRs and wiring separately?
If you are a member of a buying group, what type of discounts do you earn? How do you pass these discounts onto the buyer?
How will you be affected if the price of raw materials increases? What steps, if any, have you taken to ensure your product prices are not drastically affected by rising material costs?
If I pay in full in advance, what type of discounts may I earn?
What is the average life span of the CCTV system? How frequently must the CCTV system be replaced?
How often are defective CCTV systems shipped and delivered?
What steps do you have in place to ensure a functional CCTV system is delivered and installed?
How easily can the CCTV systems be vandalized?
If I make a request for my system to be repaired, what is the average wait time?
What is the best way to care for the CCTV system?
If I am not satisfied with my purchase, how many days do I have to return it? Will you charge me a fee for returning my original purchase?
If I want to keep the same cameras but change the system technology, how easily can I switch? How easily can I switch if I want to update the cameras but not change the monitors and general technology?
What type of customer service support do you provide after business hours?
Related Goods & Services
What type of discounts do you offer for bundling various products or services together?
Will products and accessories from different suppliers be compatible with one another? How will I know if they are compatible prior to purchase?
What type of related goods do you recommend based on the CCTV system I am purchasing and my business?
Can you recommend any contractors that operate in my area for installation of your products?
How much does it typically cost to install the system that you are selling me?
Supplier Specialization & Experience
Based on my business needs, what type of CCTV system do you recommend?
Would you recommend analog or digital technology for my business? Why?
What markets do you typically work in?
What type of experience do your employees have?
What can I do to ensure the purchasing process moves quickly?
If I lose power, will my CCTV system still operate? What backup systems do you use?
What type of training do your workers receive? What experience do your workers have?
What licenses and insurance do you hold?
How long have you been selling CCTV systems? How have you altered your products during the course of your business history?
What awards has your company earned? What were they for?
How do you differentiate yourself from your competitors?
What related goods and services do you provide that your competitors do not?
How do your prices compare to the prices of your competitors?
Do you have any price matching policies?
Location & Shipping
How do you determine your shipping costs?
What is the average shipping time based on my location?
How often are shipments delayed? How will I be notified if my shipment is delayed? Will I receive a discount or be reimbursed for freight costs if my shipment is delayed?
Will my entire purchase be shipped together, or will it be shipped as products are in stock?
Are your CCTV systems and accessories commonly out of stock, or will take longer to deliver? Why?
Do you source materials with high exposure to market disruptions resulting from the coronavirus pandemic? How are you coping with these disruptions?
How diversified is your supplier base for inputs? Do you source from multiple suppliers in different global regions?
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Key elements for every RFP
What should my RFP include?
Buyers should either specify their budget for CCTV systems or the number of units required.
Buyers should provide information about when payment will occur, such as upon finalization of the contract or over a period of time.
Buyers can reference the Benchmark Price and Total Cost of Ownership sections for help creating a budget.
Buyers should look for vendors that have highly regarded CCTV systems in order to ensure the security of their location.
Buyers should evaluate vendors based upon the types of CCTV systems offered as well as the per-unit and overall pricing.
For a detailed list of key selection criteria, buyers should reference the Buying-Decision Scorecard section of this report.
Buyers should include a deadline for proposal submittals and state when the contract will be awarded.
Buyers should include a delivery date for the CCTV system components. If buyers want routine servicing or maintenance, this should also be included. Additionally, if buyers wish to install these systems outside of normal work hours, this information should be included as well.
Buyers should include any other benchmark dates that are relevant to the project.
Evaluate major factors to mitigate risk
How risky is the supply chain?
The supply chain for CCTV systems poses a moderate risk to buyers. First- and second-tier suppliers are exposed to changing economic, political and weather conditions that are often outside the supplier's control. Moderate supply chain risk suppresses buyer power because buyers face an elevated risk of price increases or shortages... Subscribe to learn more.