US Tariffs, Sigh!

[ddarlak]

MAGAts love to throw out the TDS comment when they are the ones who are hook line and sinker hooked to a snake oil salesman cult leader.

 

[MikePro]

thanks Trump

 

[ikarasu]

thanks Trump

Had to look up what a confetti egg is.... Glad those aren't available in Canada!

 

[Gino]

What has that got to do with the price of eggs Gino?

Do you know HOW many eggs it takes to make certain types of booze ??

 

[JamesLam]

thanks Trump

I recall the manufacturers of KY Jelly getting sued after a woman put it on her toast and was not adequately warned about the side affects. I would hate to see what would happen if some unsuspecting victim of idiocy turned these into an omelette or a quiche.

 

[MikePro]

new tide pod challenge incoming.

I recall the manufacturers of KY Jelly getting sued after a woman put it on her toast and was not adequately warned about the side affects. I would hate to see what would happen if some unsuspecting victim of idiocy turned these into an omelette or a quiche.

 

[Geneva Olson]

Looks like we have 30% tariffs on china for 90 days and they have 10% tariffs on us for 90 days.

 

[XtremeXccessories]

 

[ikarasu]

I think Avery went up about 15% in here. I'm betting after tarrifs are gone, prices never come back down. already adjusted all our pricing, just sucks that the average joe is paying this tax while the billion dollar companies eat upwl the Proffitt.

I doubt they raised their pricing by 15% because their cost was 15%... I'm betting their cost was 10% so they raised it 15, #?$ they're pocketing the extra 5.

 

[Gino]

Think for a minute about what you just said.

There have been so many threads on this subject. If all of your costs are calculated for overhead and profit, so your business can succeed.... you'd put the same markups on a tariff. You'd be a fool to just pass the cost along.

 

[MP Custom]

Think for a minute about what you just said.

There have been so many threads on this subject. If all of your costs are calculated for overhead and profit, so your business can succeed.... you'd put the same markups on a tariff. You'd be a fool to just pass the cost along.

In Australia, we have a nation wide GST. A goods and services tax of 10% we calculate the cost that already includes the 10% and then apply the markup. The gst to the customer that is on our costs is. then added to the final bill.
The gst is part of the price of materials, and also part of the price of the final sale. You can't mark up the GST.
I should imagine tarrifs work the same way

 

[JBurton]

you'd put the same markups on a tariff. You'd be a fool to just pass the cost along.

Sure, therefore the tariffs a generating even more income for me... though since I'm not seeing anywhere near the volume I as seeing last year, that's a net loss for me.

I should imagine tarrifs work the same way

Negative, tariff applies when items cross the border, unless you ship internationally, tariffs are never listed on invoices. Taxes on the other hand are, and are applied after all goods and services are accounted for, including stuff like excess charges from tariffs, so in theory the tariff also increases the tax on the final item.

 

[ikarasu]

Think for a minute about what you just said.

There have been so many threads on this subject. If all of your costs are calculated for overhead and profit, so your business can succeed.... you'd put the same markups on a tariff. You'd be a fool to just pass the cost along.

Depends on your area. Everything here is so cut throat... Even my side business, which is 70% the cost of where I work, is considered pricey. People are using Chinese vinyl / Chinese Coro, and charging almost nothing - where as we use us vinyl, Canadian coroplast, and value our time at more than $5 an hour.


18" x 24" Coro sign, double sided with a step stake... Someone wanted 10 of them. I was at $16 each... ($11.50 in real money) - they came back laughing saying other shops are half the price, and pulled up a text link from the shop down the street who's selling them for $5.50 each. ($4 usd)

So 6 sqft of printing, 6 sqft of Coro, and a step stake... Even if you don't factor in time that's like 50 cents Proffitt a sign. I won't touch a job unless I'm making $50-100 an hour In my business, I work 8 hours a day managing a company, so I'll turn down anything that isn't worth it to me.

It's hard to justify jacking it up at just a bit above the additional cost. We still do it... And never try to compete with the lowest person, but it's still a fine line with how much we can before people start looking elsewhere and going to the bargain basement shops.


According to google AI... There's 85 sign shops within a 20 minute drive of me. That's just 85 legit shops, not even the ones running out of their basement selling shit for pennies on the dollar.

So yes... We raise costs based on a lot of things, tarrifs being one of them... But we're pigeon held by following what other shops in our area are doing... At least the ones we compete with.

 

[Geneva Olson]

Depends on your area. Everything here is so cut throat... Even my side business, which is 70% the cost of where I work, is considered pricey. People are using Chinese vinyl / Chinese Coro, and charging almost nothing - where as we use us vinyl, Canadian coroplast, and value our time at more than $5 an hour.


18" x 24" Coro sign, double sided with a step stake... Someone wanted 10 of them. I was at $16 each... ($11.50 in real money) - they came back laughing saying other shops are half the price, and pulled up a text link from the shop down the street who's selling them for $5.50 each. ($4 usd)

So 6 sqft of printing, 6 sqft of Coro, and a step stake... Even if you don't factor in time that's like 50 cents Proffitt a sign. I won't touch a job unless I'm making $50-100 an hour In my business, I work 8 hours a day managing a company, so I'll turn down anything that isn't worth it to me.

It's hard to justify jacking it up at just a bit above the additional cost. We still do it... And never try to compete with the lowest person, but it's still a fine line with how much we can before people start looking elsewhere and going to the bargain basement shops.


According to google AI... There's 85 sign shops within a 20 minute drive of me. That's just 85 legit shops, not even the ones running out of their basement selling shit for pennies on the dollar.

So yes... We raise costs based on a lot of things, tarrifs being one of them... But we're pigeon held by following what other shops in our area are doing... At least the ones we compete with.

I don't know how anyone call sell a yard sign for $4 each. that's a wholesale price any day.

I did have a customer come in and inquire about banners. He told us he was buying 4x8 banners for $85 each. These are the a**holes that drive prices down because they don't know what they are doing.