Supply Chain, Inventory Woes Persist and Could Worsen
Rising prices are a related issue for the promotional products industry.
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Rising prices are a related issue for the promotional products industry.
Note From Tim Andrews, ASI's President/CEO: Getting America and Promo Back to Business It’s clear by nearly every metric – continued low interest rates, huge pent-up demand for travel and entertainment, “help wanted” signs all over America – that we are on the brink of perhaps the biggest economic expansion in decades. With the masks starting to come off, Americans are leaping at the chance to get back to normal – and back to business. A critical component for success: Vaccinations. About 40% of the U.S. population is now fully vaccinated, according to the CDC. Our industry entr...
Sizzling Housing Industry Presents Promo Opportunities The real estate market is white-hot across North America right now, and promo firms are benefiting. Those who sold or bought a house this year (or tried to) can tell you it’s been a wild ride. A combination of well-qualified buyers, flush with savings after a year of working from home, as well as increased mobility because of recently implemented remote work policies and a dearth of houses for sale has made the bidding process increasingly cutthroat. According to the National Association of Realtors (NAR), the median home price across t...
Project 2021: Spring Brings Hope This year, we’re following 10 promo companies – suppliers, distributors and decorators – to see how they meet the challenges of a post-COVID world. By ASI Media Staff As the first quarter of 2021 wraps up, the 10 participants in ASI Media’s Project 2021 report varying levels of success – and an overall optimism for the rest of the year. Overall, in the promo industry, sales were down by nearly 15%, compared to the first quarter of 2020. However, most promo pros believe 2021 sales will surpass 2020 levels, and over...
Infographic: What to Do When an Order Goes Wrong You can still make the best of a bad situation. Not every order is going to go perfectly; it’s just a fact of doing business. But instead of letting it sabotage your relationship with the client, you can take steps to save the order and strengthen your bond. Here’s how. Click here for a PDF of the above. Related Articles