Promomanagers Weblog

Steps along the way as we build our online business.

The Fall And Shrugging Off The Bad Economy

The stock market is down, Congress just passed an almost trillion dollar bailout and jobs are being lost across every sector.   Like all downturns all that one can do is plow ahead and try to make the best of it.  In that light we have released a bundle of new promotional products including several new recycled promotional items including the Leeds Eco 100% Recycled Owl Laptop Sleeve which sports an eco friendly vibe.

With the economy in mind we are offering products that fit the budgets of many of our customers while maintaining our committment to the environment.  The Leeds Recycled Cardboard Tuck Journal is inexpensive, recycled and has a built in pen loop that is perfect for the freshly released Leeds EcoSafe Click pen which is made from recycled and biodegradable parts.  This is a new item for us and we like the ability to have it inserted into many of our portfolio and journal offerings.  The pen has a nice solid feel and is available in several colors making it a great choice and a high value ad specialty.   With your budget in mind the Leeds Eco 100% Recycled Lunch Tote is made of 100% post consumer recycled materials and is collapsible.  This is key as it makes it easy to store or ship allowing you to purchase larger quantities without having to worry about storage.   All three of these items are reasonably priced, green – earth friendly, and readily available for the busy holiday season. 

In the drinkware department we have added the Aladdin Ecycle Travel Mug which is made of FDA approved materials which is particularly important given the recent headlines.  Like all Aladdin products it is made of the highest quality materials and standards that surpass that of many other less expensive items.  We have had great success offering the Aladdin items and have had nothing but positive feedback from our customers to date.  The brand recognition is priceless and increases the intrinsic value markedly.

Before I forget, the Case Logic Neoprene Laptop Sleeve has also been made available on the site.  Like the other laptop sleeves it offers support and cushioning for your high end laptop but unlike many others this one will hold a 17″ laptop.  We highly recommend the larger size when in doubt as the smaller laptop will fit easily and as of now there are few if any laptops over 17″.

We have been away from updating this blog as we prepared for the busy fall season.  Despite the depressing headlines business in our region continues to be strong.  There is no doubt the recent credit crisis is impacting business, this is obvious from the diminished wait times when calling many of our manufacturers.  Business is slow and we are undoubtely heading towards or are already in a serious recession.  The promotional products industry will not be immune and the severe contraction in the financial industry will impact many of our fellow distributors.  This is an unfortunate part of this particular business cycle but one that will be overcome as we head towards 2010.  For the time being we are noting many companies are holding off on new purchases and we are noticing higher turnover on the customer and vendor end.  Hopefully the Congressional Bailout will have the desired effects and begin to ease the credit markets over the coming weeks.  Otherwise the dire projections of holiday season business may come true and that will not be good for anyone. 

We’ll be updating the blog much more frequently as we continue to update our product offering.

October 3, 2008 - Posted by promomanagers | advertising, business, economy | , , , , | No Comments Yet

No comments yet.

Leave a comment