As counter-intuitive as it may sound there has never been a better time than now to have us import your customers promotional products direct from the factory. Here are the reasons why.
Firstly, with all of the hassle, tariffs and BS going on with the trade-wars ALL prices on ALL promotional products are going up. However, according to a recent industry-suppliers insider poll on the effects of tariffs, the average price increase will be 22% on the current wholesale.
Here is the math. The import cost of a Widget is $1. Add 25% (Tariff) and the price is now $1.25. However the average ASI supplier plans on raising prices on their wholesale by about 22%. This means a Widget landed at $1.25 and then doubled (generally the supplier mark-up) means the regular wholesale on the same Widget is regularly $2.50 net. Add 22% for their tariff-offset and you have a new net of $3.05. Trust me, this is how it is going to happen.
If a Widget actually costs $1, China is currently REDUCING the customs invoice cost down to 50 cents. This is called dumping. It is illegal but it goes on all the time and will absolutely continue. This means that the real cost increase to suppliers on a $1 Widget is likely 12-15 cents not the 25 cents (25%). The suppliers will still be increasing as per Numero Uno.
China is absolutely bending over backwards to get us the best prices. In the last 2 months I have seen our costs and more importantly our factory minimums go down. It is now easier and cheaper for you to buy direct from the factory.
Ask us to get you a price and find you a solution. Sounds simple and it is. Simply email us a picture of what you are looking for and tell us how many. In regards to what is too small of an order. If you have to ask ” what is the MOQ ?” then the inquiry is probably too small to be imported effectively. Simple.
However, if you have anywhere from a “decent sized to humungous inquiry” you should send it to us for quotation. Quotes take about 24-48 hours maximum and include all freight, taxes, duties, tariffs, BS etc etc to your door. Average delivery time including production is 2-3 weeks!