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price increases

Discussion in 'General Chit-Chat' started by Jeff grossman, Dec 22, 2019.

  1. Jeff grossman

    Jeff grossman Living the dream

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    from a supplier last week

    price increases.jpg
     
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  2. Texas_Signmaker

    Texas_Signmaker Very Active Signmaker

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    Great, I'm going to have a 25% increase and I'll blame my suppliers
     
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  3. Gino

    Gino Premium Subscriber

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    So, ya just pass it along. Tis the season for doing such things.
     
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  4. Christian @ 2CT Media

    Christian @ 2CT Media Major Contributor

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    This is normal
     
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  5. Reveal1

    Reveal1 Active Member

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    And on top of that, if you use Grimco online, a 3% increase on EVERYTHING as they've eliminated the online ordering discount.
     
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  6. TomK

    TomK Member

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    Which makes absolutely no sense, unless they weren't paying reps for online orders.
     
  7. rossmosh

    rossmosh Active Member

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    This is the direct result of tariffs with China. Not much you can do except raise prices.
     
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  8. Christian @ 2CT Media

    Christian @ 2CT Media Major Contributor

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    Not exactly, some of those products have price increases like clockwork... Namely 3M.
     
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  9. Jeremiah

    Jeremiah Member

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    A 3% material price increase = a 25% increase in your finished product price ? Bahh Humbug
     
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  10. Eforcer

    Eforcer Sign Up!

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    We do a 3% increase each year whether paper, inks etc... have increases. It's just part of doing business.

    IMO These increases also kill those LOW BALLERS. They attract the low buyers, we keep the clients that want it when they want it, and don't fight on price.
     
  11. Reveal1

    Reveal1 Active Member

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    Maybe your prices are too low to begin with? I agree generally with your stance. We have a similar outlook, positioning ourselves at the top of the market and don't often leave anything on the table, so an arbitrary increase is not something we do lightly.
     
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