Learn about actual and potential costs
How much should I pay for Portable Generators?
What is the average price of Portable Generators?
This procurement report includes pricing information to help you purchase Portable Generators. 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 Portable Generators 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 Portable Generators 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 Portable Generators?
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 Portable Generators 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 are an estimated 3,700 suppliers operating in the US portable generators market. Despite an apparent wealth of choice, the market's top four retailers (Home Depot, Lowe's, Amazon and Walmart) collectively account for about 40.0% of total market revenue. Furthermore, during the past three years, market share concentration has been... Subscribe to learn more.
Questions to ask potential suppliers
How can I gain leverage during negotiations?
How have you dealt with the continued dominance of a small number of retailers?
What are the advantages of purchasing from you instead of one of the dominant retailers?
What portion of your business stems from generator sales? Is this a rising or shrinking share?
How have your profit margins performed during the past three years?
Do you source materials with a 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?
What is the position of my point-of-contact person at your company?
What authority does my contact person have with regard to adjusting the price I pay?
How many accounts does my contact handle?
What is the escalation process if I have a problem with my order and my salesperson cannot resolve it?
Amid widespread health concerns, what contingency plans are in place to mitigate the risk to your clients and employees? Do you offer clients any flexible exceptions, such as contract suspensions?
How often do your generators experience defects, and what defects occur most often?
What is your acceptable margin of error for the generator I am seeking to purchase?
How many recalls have you had, and were they voluntary or mandated?
What types of technical issues have you experienced with your generators?
What is the typical inspection process for your generators?
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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 the schedule with which payments will be made.
For assistance in ascertaining a reasonable price and price range for portable generators, 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 portable generators they are seeking.
Buyers should ask for a list of references from current and former customers.
Buyers should give preference to local suppliers because it will cut down costs related to transportation, and using a local supplier will simplify communication.
For a detailed list of key selection criteria, buyers should reference the Buying-Decision Scorecard section of this report.
Buyers should communicate to prospective suppliers when award information results will be provided.
Buyers need to provide due dates for any ongoing maintenance work.
Buyers should provide general expectations with regard to response time and customer service.
Buyers should list the expected start and finish dates once a prospective supplier is chosen.
Evaluate major factors to mitigate risk
How risky is the supply chain?
The supply chain for portable generators has a medium level of risk, and key upstream suppliers have faced some challenging conditions during the past three years. Market vendors rely on trucking companies to transport the generators from manufacturing facilities to their warehouses and retail locations. Because diesel costs are volatile,... Subscribe to learn more.