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US Tariffs, Sigh!
- Thread starter JamesLam
- Start date
Had to look up what a confetti egg is.... Glad those aren't available in Canada!thanks Trump
Gino
Premium Subscriber
Do you know HOW many eggs it takes to make certain types of booze ??
JamesLam
New Member
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.thanks Trump
MikePro
Active Member
new tide pod challenge incoming.
Geneva Olson
Expert Storyteller
Looks like we have 30% tariffs on china for 90 days and they have 10% tariffs on us for 90 days.
XtremeXccessories
New Member
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.
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
Premium Subscriber
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.
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
New Member
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
Signtologist
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.
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.
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
Expert Storyteller
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.
Stacey K
I like making signs
I'd be out of business if I was selling 10 coro signs for $5.50each. I'm around the same price as Ikarasu for coro.
$85 for a 4x8 banner?
Both of these products are more expensive on Signs.com, which I will base some of my pricing for odd ball stuff as "the lowest price I would sell for".
My son landscapes and some kid who lives with his parents keeps outbidding everyone. One was like $120 a week grass cut and this kid got the job at $40 a week. My son talked to his buddies and they all agreed to tell him he's got great pricing and that within a year or two he will be out of business - playing the long game LOL
$85 for a 4x8 banner?
Both of these products are more expensive on Signs.com, which I will base some of my pricing for odd ball stuff as "the lowest price I would sell for".
My son landscapes and some kid who lives with his parents keeps outbidding everyone. One was like $120 a week grass cut and this kid got the job at $40 a week. My son talked to his buddies and they all agreed to tell him he's got great pricing and that within a year or two he will be out of business - playing the long game LOL
It's all east indian shops... They'll value their time at almost nothing, I see 4-5 shops open...then close...then re-open... then close under different names, all in the same location. They sell sub-par items... I mean, lawn signs dont have to be great and last 10 years.... But they'll still use the cheapest vinyl, the coro is so thin and see through... And the wire stakes are so thin they break when using them.
I laser engrave on aluminum business cards for the company I work at - Sooo many people come in wanting them because of how nice they look... I sell them for $3 a pop, and one realtor thought that was expensive...went to some guy on facebook and got them made...for $2 each. she was back within a week saying ours looked so much better... theirs were so blurry, the white engraving wasnt even white... Small snippet, ignore the blurryness., thats from the camera. Mines very crisp and easily readable on the left, others on the right.
I'd say 50% of the time when we lose a job due to price, or a customer leaves due to price...they end up coming back. BUT we still have to be very competitive, especially with how many shops we have , we just raised all our prices by 5-7% due to aluminum going up and inflation.... If we were to go back and raise them another 5-10% and say its due to tarrifs within 2 months of just raising them... odds are people will look elsewhere. So while we arent going to enter the race to the bottom, it's a very fine line at being competitive, or being over priced and losing a ton of customers.
on Another note... while checking how much immigration we had last year, I got this answer from google... Maybe it's why us Canadians don't see immigration / illegals as that big of a problem... when our city is close to 50% immigrants
I laser engrave on aluminum business cards for the company I work at - Sooo many people come in wanting them because of how nice they look... I sell them for $3 a pop, and one realtor thought that was expensive...went to some guy on facebook and got them made...for $2 each. she was back within a week saying ours looked so much better... theirs were so blurry, the white engraving wasnt even white... Small snippet, ignore the blurryness., thats from the camera. Mines very crisp and easily readable on the left, others on the right.
I'd say 50% of the time when we lose a job due to price, or a customer leaves due to price...they end up coming back. BUT we still have to be very competitive, especially with how many shops we have , we just raised all our prices by 5-7% due to aluminum going up and inflation.... If we were to go back and raise them another 5-10% and say its due to tarrifs within 2 months of just raising them... odds are people will look elsewhere. So while we arent going to enter the race to the bottom, it's a very fine line at being competitive, or being over priced and losing a ton of customers.
on Another note... while checking how much immigration we had last year, I got this answer from google... Maybe it's why us Canadians don't see immigration / illegals as that big of a problem... when our city is close to 50% immigrants
I'm about $3 a sqft for banner, so close! But again, its monopoly money... It'd be about $69 usd.
I'm considered very high for banner in the area, I sell maybe one a month. Facebook is filled with people in the $1.50 range for scrimm banner... People sell banner 33" x 77" banner stands with custom prints for $65USD.... Aluminum 24" x 36" Sandwich boards for $71 USD..... I wont even try to sell stickers anymore because people are selling 100 3" x 3" stickers for $40 usd. SQFT wise its not too too bad, but the time to laminate / cut / package just makes it not worth it.
It's a very cut throat, sucky area to be in! You pretty much have to find a niche, wait for someone to copy said niche, and rinse and repeat.
Johnny Best
Active Member
You all take this political stuff to serious. There is nothing you can do about it but some of you know that, so you try to show off with your grade 13 intelligence on world trade.
John Miller
New Member
I thought the country that imports the goods pays the tariffs, that's what they told me and I don't question the cult king