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Showing posts from March, 2021

The end of the promotional product industry as we once knew it

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  2021. The end of the promotional product industry as we once knew it! The  promotional product industry  and more importantly their outdated business model has been struggling under the bloated weight of their overhead and high executive salary business model for long time before Covid-19. However with the emergence of Covid-19, 2020 and now well into 2021 the “bloom is definitely off the rose!” 4 Imprint releases their annual report. 4 Imprint  is the promo industries largest player. Their losses and downgrade in market standing as a result of Covid-19 are nothing less than earth-shattering. Their revenue fell by  300 million dollars or minus 35%!    Their profit fell by a jaw-dropping 93%   Download their report here. See the front page of the annual report below. 4 Imprint reports huge loss in 2020 It’s not just 4 Imprint! As  4 Imprint  is a publicly traded company, it means that they must release their  annual shareholders  report. However, it would be foolish to think that only

The future of promotional products

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  The future of promotional products is now! In the spring of 2021 we all find ourselves in the midst of a  sea-change  of many things in our lives that we once considered to be intransigent. The Covid-19 corona virus has forced us to quickly adopt many changes in how we now “do business”. From the explosion in telecommuting to the shuttering of businesses we once relied upon, the corona virus has caused massive shifts to our economy. In the world of promotional products many things have also now changed.  Call 1-888-880-2714 or  email  Sam get your business logo on customized ear buds Now what? In the spring of 2021 with the worldwide shutdown and now with the re-kickstart of businesses there has been a refocusing of our attention onto  PPE  and away from traditional promotional products all of which has also caused a massive change in how “we do” business. American businesses are now sourcing  promotional products  to help defeat the corona virus. These products include such things a