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Product Supply Concerns in Promo Industry

Kris Wassell • Mar 17, 2022

There are worries that lock-downs in China could cause an increased delay for product supply and delivery

A rise in Covid-19 cases has prompted shutdowns to occur in a major manufacturing hub in China. This has caused concern among promotional product suppliers in North America as this could cause a further in delay in production and delivery throughout Canada & US. A majority of promotional products are produced in China and inventory has continued to face product shortages and supply delays.

China has authorized a week-long shutdown in Shenzhen, a powerhouse in manufacturing various hard good products, from USBs to speakers and other tech products. As the inventory for these products has been unreliable before the shut down, it is expected that the shutdown in China will cause further backups and delays in shipping and production of these and other hard goods products.

As China accounts for roughly 29% global manufacturing, it could take up to several months for product supply and delivery to return to regular levels. It is expected that this will continue to cause an increase in pricing on these products and other factors at play, there is no predicting how much these prices may rise and what demand will look like in the future for these products. The best course of action should be to order what you need while you can get it as TSG does not know how long that current supplies will last, and how long that it will take to restock these products that are in high demand.

Reach out to inquiry@tsgbrandedsolutions.com or call toll-free: 1-866-828-2874 to find out what TSG currently has for products and what we can offer you.

By Kris Wassell 11 May, 2023
Benefits of Promotional Products Promotional products are a top marketing resource which offers a variety of benefits for your company. Whether your marketing goal is creating new business opportunities, showing appreciation to current customers, or spreading brand awareness, in today’s digital world, physical marketing materials are a great way to stand out in a crowd and a great reminder that your business is willing to make a personal connection. Promotional products will also offer your potential clients and customers a tangible keepsake to remind them of your brand. When purchasing or choosing your promotional products, it is important to remember that the quality of your promotional products speak to the quality of the products or services your company offers. What are Promotional Products? Promotional products are items branded with your logo, tagline, or slogan to promote and represent your brand, company, and services. Your promotional items can be distributed at trade shows, special events, when potential customers subscribe to your newsletter, at grand openings or holiday parties, during conferences or straight into mailboxes. These products are a great way to be seen multiple times a day by multiple people. Make it easy for your potential clients to contact you by adding your phone number, email, or website information on your promotional products. Why Do You Need Promo Products? Promotional marketing maintains brand consistency, while also helping your company stand out in the industry. Here are some of the benefits for your business. Spreading Brand Awareness Branded promo items have the potential to be seen by hundreds of people. Whether you hand them out to an individual or a team, your brand name and slogan will be noticed far and wide. Promo products can reach hundreds of potential customers and studies have shown that they are kept for up to a year or longer. With thousands of products available, you can also choose products that are unique and help your company really stand out with customers. Forming New Customer Relationships Consumers are more likely to have a favourable impression of a brand that gives them a promotional product. Once you establish that initial connection, those same people are more likely to remember your business and feel inclined to work with you. It helps establish a relationships, builds trust, and gives the opportunity to start a conversation with prospective customers. Continuous Advertising Offering promotional products such as pens, notepads, mugs, or other items that are used on a daily basis, meaning that your company name or logo will be seen often. This paves the way for continuous advertising, which you only had to pay for one time. Want to learn more about how TSG Branded Solutions can help you with promotional marketing that aligns with your business strategy and branding, contact us today to start the conversation!
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