Live Breaking News & Updates on Homebased Business
Stay updated with breaking news from Homebased business. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Return of Live Events Powering Promo Sales Distributors aren’t back to pre-pandemic levels yet with sales related to events, but the growing number of in-person activities is fueling business. Chris Ferriter was stoked to be in this kind of rush again. When an NBA team learned it could have more fans in attendance at its home playoff games than initially expected, the franchise turned to Ferriter’s Miami-based promotional products distributorship SoBe Promos (asi/245603) to provide large quantities of branded T-shirts to give away in the arena. It was a rush job with a no-room-for-error deadline, but Ferriter couldn’t have been happier for it. ....
State & Regional Sales Report Business was down all across the United States in 2020, but these strategies and trends will help you find success right now, no matter where you sell. 2020 U.S. Promotional Products Sales Revenue $20.7 billion -19.8% decline ASI Media’s annual State and Regional Sales Report typically takes the long view. But like with everything else, the pandemic has changed things. While the future still matters, at this moment distributors are concerned with the right here and now. Which states are opening up? What events are returning? Which markets are ready to buy? That’s where our report comes in. Our exclusive data reveals which states and regions proved the most resilient for selling promo. Likewise, our reporting offers the strategies, products and trends that are going to propel distributors as the U.S. eyes perhaps a soaring economic expansion. ....
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 entrepreneurs were the first in 2020 to spin to a totally unknown market and provide lifesaving PPE, leading even established providers of healthcare products and generating hundreds of millions of sales dollars that kept distributors and suppliers afloat and, in some cases, breaking their own revenue records. ....
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 the country was $329,100 in March, the highest it’s been in more than 20 years, and up 17.2% from March 2020. At the same time, inventory is also down almost 30% from a year ago because of huge demand and fewer listings; because of virus fears, many people just aren’t ready yet to open their doors for showings, plus they’re seeing how difficult it is to find a new property. ....