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Completely agree. Good practice to raise prices a little each year vs. big ones. We price just about everything based on current costs anyway, so it’s somewhat transparent to our customer base. Also, Austrian Economics is an economics discipline that has nothing to do with the country other...
Hi Gary,
Good question. We've haven't really raised our per sq/ft cost of output yet, but I think we need to. We have raised our labor/shop rate considerably. Also considering raising boom lift install rates. Other than that, we're investing and changing our go to market strategy and not taking...
Are you familiar with Austrian Economics and Praxeolgy? Very insightful study on business cycles. Not crystal ball theory. lol.
These fine folks have done studies on the Signs & Graphics industry and have presented very insight data for NASSD and SGS over the course of more than 10 years...
Oh, we haven’t seen anything yet… Just wait and see what the next 8 or so years of the next business cycle will bring. So have you raised your per sq/ft price for print and labor, or just passing on material cost increases?
The monetary policies of this country and most all other large nations and the actions (really existence) of the Federal Reserve have going on much longer than the recent election cycles. But the point of the post was about coping with the resulting market conditions. Has your business raised...
Higher prices appear to be here to stay.
Let’s talk about managing inflationary costs, or more passing them along to the market.
Vinyl, laminate and so on are pretty straight forward as the increases are simply passed through when quotting.
But have you increased your sq/fr price for...
We’re redesigning the interior of a beautiful rustic Amphitheater. The outside walls are all old brick, where we’re going to mount pole banners for the various sponsors of the event space. Any recommendations on where we can find a nice selection of pole banner mounting hardware? Maybe even...
We have a client that wants several wall murals for their new restaurant. One 21 feet, another 31 feet and another one at 12 feet long. The first thought was to do a wall wrap, but the walls are made up of uneven wood planks, some lifted a bit. I'm not sure it's going to look great. The other...
What is the absolute cheapest vinyl on the market? We’d use it for doing daily maintenance, head tests and so on our machines. 36”would be wide enough.
TIA.
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