Learn about actual and potential costs
How much should I pay for Light Bulbs & Tubes?
What is the average price of Light Bulbs & Tubes?
This procurement report includes pricing information to help you purchase Light Bulbs & Tubes. 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 Light Bulbs & Tubes 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 Light Bulbs & Tubes 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 Light Bulbs & Tubes?
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 Light Bulbs & Tubes 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 ?
Market share concentration in this market is low. Out of the 14,880 suppliers, the top four vendors represent less than 30.0% of market revenue. Market share concentration has been declining in the past three years due to the phasing-out of incandescent light bulbs in favor of more energy-efficient solutions such... 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 much experience do you have manufacturing newer light bulb types, such as CFL, LEDs and advanced incandescent bulbs like Halogen and HID?
Do you often make product recommendations to clients or do they usually know what they need?
What kind(s) of bulb(s) or tube(s) would you recommend for my operations? Why?
What would you consider your best product? Why?
Do you have specialty light bulb and tube lines?
Do you sell your products nationwide? What about internationally?
What major distributors carry your brand?
How fast has your market share grown regarding newer light bulb and tube technology?
How does your R&D budget compare with competitors? What is the greater focus of your research?
Have you integrated smaller manufacturers during the past three years?
How do you determine the power consumption of your light bulbs and tubes?
Do those figures vary depending on fixture, electrical installation or grid infrastructure?
How do you determine a bulb or tube's lifespan? What about long-life (over 10 year) LED bulbs? How accurate are those estimates?
Is the luminosity of your products constant or does it decrease over time?
What factors shorten a bulb's lifespan? What factors increase a bulb's lifespan?
How far back do you have direct control over your supply chain?
How has the banning of many energy-inefficient bulbs affected your supply chain and sourcing?
Have you experienced shortages of light bulbs and tubes during the past three years? What caused the shortages?
Do you handle direct distribution to final users? Do you have thresholds on order quantities to deliver directly?
Do you source materials with high exposure to market disruptions resulting from the coronavirus? 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?
Related Goods & Services
Do you offer special deals regarding light bulbs and tubes and fixtures?
Does lead time increase when purchasing any combination of related goods?
Do you offer installation and setup services for our purchase?
What are your most popular related goods and services?
What related goods and services can help us further reduce energy consumption?
Have you had solvency issues with suppliers during the past two years?
What is the main threat to your firm? Why?
Has your company been weakened financially by the change in regulation over energy efficiency?
How frequently do you invest in your production capacity both qualitatively and quantitatively?
How have your sales progressed during the past three years?
Are you experiencing fluctuations in demand as a result of the coronavirus outbreak? What measures are you taking to handle increased/reduced demand?
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Key elements for every RFP
What should my RFP include?
Buyers should explicitly state the amount for the award.
Buyers should explain their desired payment schedule.
For assistance in ascertaining a reasonable price and price range for light bulbs and tubes, buyers can consult the Benchmark Price section of this report.
Buyers should look for suppliers that have been in business for a long time and have direct experience providing the kind of light bulbs and tubes they desire.
Buyers should ask for a list of references from current and former customers.
Buyers should consider the peripheral goods, services and staff costs that the supplier is including in the proposed price.
For a detailed list of key selection criteria, buyers should reference the Buying-Decision Scorecard section of this report.
Buyers should state the due date for questions and proposals.
Buyers should state the date that the bid will be finalized and when suppliers will be contacted.
Buyers should advise when the delivery of goods will be made.
Evaluate major factors to mitigate risk
How risky is the supply chain?
Supply chain risk for light bulb and tube manufacturers is moderate and stems largely from metal inputs such as copper and aluminum. Aluminum and copper are globally traded commodities, and as such, their prices are subject to volatility stemming from global supply and demand fluctuations, exchange rates and other factors.... Subscribe to learn more.