Today we received a shipment from our local wholesaler of (24) 2x12x36 green styrofoam sheets. Regular price? $114.40! Fortunately, we received a 20% discount but it didn't do much to reduce the sticker shock. That's an increase of 34% since we last ordered.
I knew the price of petroleum was going to have a huge impact on plastic and styrofoam prices, but I wasn't truly prepared for it. :redface2:
We will have to re-evaluate the COGS on our cemetary saddles and price increases will be unavoidable. We are still fortunate enough to have families come in and purchase several saddles at a time - a noticable increase will be hard to slip by them...
Have you seen this % of price hike? If so, are you raising your prices all at once or do you plan to step it in over a time period?
Inquiring minds want to know...
I knew the price of petroleum was going to have a huge impact on plastic and styrofoam prices, but I wasn't truly prepared for it. :redface2:
We will have to re-evaluate the COGS on our cemetary saddles and price increases will be unavoidable. We are still fortunate enough to have families come in and purchase several saddles at a time - a noticable increase will be hard to slip by them...
Have you seen this % of price hike? If so, are you raising your prices all at once or do you plan to step it in over a time period?
Inquiring minds want to know...