Gone very quiet
Discussion
Mr Whippy said:
All of them basically just software protectionists.
I’m sure half the innovative new s/w devs out there exist on the idea they’ll be gobbled up.
Which is pretty sad but appears to be the way of the business world for many.
The term “ultrapreneuring” was coined 30 odd years ago to describe the process of starting a business with the intention of a trade sale exit in 3 years or less. Not a new phenomenon.I’m sure half the innovative new s/w devs out there exist on the idea they’ll be gobbled up.
Which is pretty sad but appears to be the way of the business world for many.
ks anyway, unless you enjoy beta testing.Online gardening products here.
Consumer demand worst in our 20 years of trading - no year has come close!
(tbf we were something of a start-up during the 2008 collapse so were not hit as hard in that recession)
We're hanging-on in there and have just launched our summer sale.
A heatwave was forecast from June 15th but it just hasn't materialised.
Just got to keep positive and keep trading through it.
Cost rises are insane - especially the current $8100 cost of container freight (China-UK).
(Previously $1800 or so)
We sell bulky goods so landed costs can be +25% due to this change.
Nobody seems to know how long this transport cost will be so elevated.
Mainstream Media doesn't seem to be highlighting this dramatic inflationary news yet?
Good luck to all you grafters out there.
Consumer demand worst in our 20 years of trading - no year has come close!
(tbf we were something of a start-up during the 2008 collapse so were not hit as hard in that recession)
We're hanging-on in there and have just launched our summer sale.
A heatwave was forecast from June 15th but it just hasn't materialised.
Just got to keep positive and keep trading through it.
Cost rises are insane - especially the current $8100 cost of container freight (China-UK).
(Previously $1800 or so)
We sell bulky goods so landed costs can be +25% due to this change.
Nobody seems to know how long this transport cost will be so elevated.
Mainstream Media doesn't seem to be highlighting this dramatic inflationary news yet?
Good luck to all you grafters out there.
I think from a global political POV relations between the West and China are only going to get worse. Current shipping woes might be a symptom of the ME or maybe other financial slowdowns, but the moment China invades Taiwan it's unlikely you'll be receiving many Chinese made gazebos (or much of anything Chinese made).
Personally I'd look to reduce exposure to China and perhaps to long-distance shipping more generally. A few years ago I used to work for a small business making bulky consumer products in Thailand and we moved production to Portugal to reduce volatility in shipping costs to our main market (the EU).
Personally I'd look to reduce exposure to China and perhaps to long-distance shipping more generally. A few years ago I used to work for a small business making bulky consumer products in Thailand and we moved production to Portugal to reduce volatility in shipping costs to our main market (the EU).
Forester1965 said:
I think from a global political POV relations between the West and China are only going to get worse. Current shipping woes might be a symptom of the ME or maybe other financial slowdowns, but the moment China invades Taiwan it's unlikely you'll be receiving many Chinese made gazebos (or much of anything Chinese made).
Personally I'd look to reduce exposure to China and perhaps to long-distance shipping more generally. A few years ago I used to work for a small business making bulky consumer products in Thailand and we moved production to Portugal to reduce volatility in shipping costs to our main market (the EU).
It's no small thing that the vast majority of Foxcon made Apple products heading to the West are no longer made in China. Okay, so they're still shipped from the Far East, but it is once very large chunk of shipping volume missing, from just one brand alone.Personally I'd look to reduce exposure to China and perhaps to long-distance shipping more generally. A few years ago I used to work for a small business making bulky consumer products in Thailand and we moved production to Portugal to reduce volatility in shipping costs to our main market (the EU).
Then you even have the likes of Chinese firms like BYD setting up factories outside of China.
GardeningEcomm said:
Online gardening products here.
Consumer demand worst in our 20 years of trading - no year has come close!
(tbf we were something of a start-up during the 2008 collapse so were not hit as hard in that recession)
We're hanging-on in there and have just launched our summer sale.
A heatwave was forecast from June 15th but it just hasn't materialised.
Just got to keep positive and keep trading through it.
Cost rises are insane - especially the current $8100 cost of container freight (China-UK).
(Previously $1800 or so)
We sell bulky goods so landed costs can be +25% due to this change.
Nobody seems to know how long this transport cost will be so elevated.
Mainstream Media doesn't seem to be highlighting this dramatic inflationary news yet?
Good luck to all you grafters out there.
One of our clients is in first year online trading for gardening products. Pots, watering cans, grass seed, weed killer, compost etc etc.Consumer demand worst in our 20 years of trading - no year has come close!
(tbf we were something of a start-up during the 2008 collapse so were not hit as hard in that recession)
We're hanging-on in there and have just launched our summer sale.
A heatwave was forecast from June 15th but it just hasn't materialised.
Just got to keep positive and keep trading through it.
Cost rises are insane - especially the current $8100 cost of container freight (China-UK).
(Previously $1800 or so)
We sell bulky goods so landed costs can be +25% due to this change.
Nobody seems to know how long this transport cost will be so elevated.
Mainstream Media doesn't seem to be highlighting this dramatic inflationary news yet?
Good luck to all you grafters out there.
Looks to me like the season is April - June for most of the products and after that it drops off a cliff. Considering how crap the weather was during that period I'm inclined to think this season is done for, even if we do have a late heatwave?
GardeningEcomm said:
Online gardening products here.
Consumer demand worst in our 20 years of trading - no year has come close!
(tbf we were something of a start-up during the 2008 collapse so were not hit as hard in that recession)
We're hanging-on in there and have just launched our summer sale.
A heatwave was forecast from June 15th but it just hasn't materialised.
Just got to keep positive and keep trading through it.
Cost rises are insane - especially the current $8100 cost of container freight (China-UK).
(Previously $1800 or so)
We sell bulky goods so landed costs can be +25% due to this change.
Nobody seems to know how long this transport cost will be so elevated.
Mainstream Media doesn't seem to be highlighting this dramatic inflationary news yet?
Good luck to all you grafters out there.
I think the China shipping rates are going to be that way well into 2025 - Luckily in our industry we order in November for February delivery so just beat the price rises for this year, but next years stock is going to be expensive. Consumer demand worst in our 20 years of trading - no year has come close!
(tbf we were something of a start-up during the 2008 collapse so were not hit as hard in that recession)
We're hanging-on in there and have just launched our summer sale.
A heatwave was forecast from June 15th but it just hasn't materialised.
Just got to keep positive and keep trading through it.
Cost rises are insane - especially the current $8100 cost of container freight (China-UK).
(Previously $1800 or so)
We sell bulky goods so landed costs can be +25% due to this change.
Nobody seems to know how long this transport cost will be so elevated.
Mainstream Media doesn't seem to be highlighting this dramatic inflationary news yet?
Good luck to all you grafters out there.
After a stonking May, our sales have dropped right off. We'd expect to come into 80-100 orders on a Monday morning, today it was around 40 through our own websites. I've re-engaged Amazon to ensure the packing staff stay busy. I know I keep blaming the weather, but it's just not Swimming Pool weather is it?
Hah Dr.
We think alike regarding Amazon.
We only sell on Ebay/Amazon to keep products moving through and to keep our lovely workers busy.
(Amazon & Ebay Inc. takes the profit - but that's a whole different story)
Talking with my freight agent container rates should drop after the pre-Christmas rush.
But who knows?
Just wait until those Christmas retailers start getting their elbows out - after all it's still quite 'early days' for them.
Gonna be a right bun fight I reckon.
Could definitely see rates moving to $12,000 and beyond I think?
Makes it tricky when deciding on a sales strategy
It's a balance isn't it?
If you heavily discount now you'll probably be paying more for replenishment stock.
Our stock items don't have a 'fashion' element and in the main aren't perishable.
Happy to carry stock into next year I guess.
We think alike regarding Amazon.
We only sell on Ebay/Amazon to keep products moving through and to keep our lovely workers busy.
(Amazon & Ebay Inc. takes the profit - but that's a whole different story)
Talking with my freight agent container rates should drop after the pre-Christmas rush.
But who knows?
Just wait until those Christmas retailers start getting their elbows out - after all it's still quite 'early days' for them.
Gonna be a right bun fight I reckon.
Could definitely see rates moving to $12,000 and beyond I think?
Makes it tricky when deciding on a sales strategy
It's a balance isn't it?
If you heavily discount now you'll probably be paying more for replenishment stock.
Our stock items don't have a 'fashion' element and in the main aren't perishable.
Happy to carry stock into next year I guess.
GardeningEcomm said:
Online gardening products here.
Consumer demand worst in our 20 years of trading - no year has come close!
(tbf we were something of a start-up during the 2008 collapse so were not hit as hard in that recession)
We're hanging-on in there and have just launched our summer sale.
A heatwave was forecast from June 15th but it just hasn't materialised.
Just got to keep positive and keep trading through it.
Cost rises are insane - especially the current $8100 cost of container freight (China-UK).
(Previously $1800 or so)
We sell bulky goods so landed costs can be +25% due to this change.
Nobody seems to know how long this transport cost will be so elevated.
Mainstream Media doesn't seem to be highlighting this dramatic inflationary news yet?
Good luck to all you grafters out there.
Its been a terrible year. All my old contacts are reporting similar.Consumer demand worst in our 20 years of trading - no year has come close!
(tbf we were something of a start-up during the 2008 collapse so were not hit as hard in that recession)
We're hanging-on in there and have just launched our summer sale.
A heatwave was forecast from June 15th but it just hasn't materialised.
Just got to keep positive and keep trading through it.
Cost rises are insane - especially the current $8100 cost of container freight (China-UK).
(Previously $1800 or so)
We sell bulky goods so landed costs can be +25% due to this change.
Nobody seems to know how long this transport cost will be so elevated.
Mainstream Media doesn't seem to be highlighting this dramatic inflationary news yet?
Good luck to all you grafters out there.
Weather poor M/A/M/J prime time lost, then the election call and now the football.
If it helps we always had a poor year during world cups / Olympics so at least next year should be ok!!
Why are you buying from China when essentially your product is nothing more than some bits of rattan/willow/bamboo woven together into the shape of a chair, sprayed black and given a £500 price tag ? i reckon you could get it made for the same price or cheaper from eastern Europe and the transport costs would only be a fraction of what you're paying now as it would all go in the back of a tilt (European curtain-sider artic trailer) and shipped whenever you want.
Edited by r3g on Monday 17th June 19:02
Utterly staggering figures on business insolvencies.
https://www.cityam.com/firms-still-face-significan...
May was better than April and 20% down on May 2023, which was the highest since October 2008.
However, the CEBR reckons total for 2024 could be as high as 33,000 which surpasses 2023's 30 year high.
Great time to increase corporation and income tax, wasn't it?...
https://www.cityam.com/firms-still-face-significan...
May was better than April and 20% down on May 2023, which was the highest since October 2008.
However, the CEBR reckons total for 2024 could be as high as 33,000 which surpasses 2023's 30 year high.
Great time to increase corporation and income tax, wasn't it?...
Digga said:
Utterly staggering figures on business insolvencies.
https://www.cityam.com/firms-still-face-significan...
May was better than April and 20% down on May 2023, which was the highest since October 2008.
However, the CEBR reckons total for 2024 could be as high as 33,000 which surpasses 2023's 30 year high.
Great time to increase corporation and income tax, wasn't it?...
When you see the stark reality of these figures how on earth do they try and claim that the economy is growing? Stories in the news about the Woodsmith site nr Whitby, sounds like that’s getting mothballed……https://www.cityam.com/firms-still-face-significan...
May was better than April and 20% down on May 2023, which was the highest since October 2008.
However, the CEBR reckons total for 2024 could be as high as 33,000 which surpasses 2023's 30 year high.
Great time to increase corporation and income tax, wasn't it?...
Digga said:
Utterly staggering figures on business insolvencies.
https://www.cityam.com/firms-still-face-significan...
May was better than April and 20% down on May 2023, which was the highest since October 2008.
However, the CEBR reckons total for 2024 could be as high as 33,000 which surpasses 2023's 30 year high.
Great time to increase corporation and income tax, wasn't it?...
And the NNM/NLW increase of Circa 10%https://www.cityam.com/firms-still-face-significan...
May was better than April and 20% down on May 2023, which was the highest since October 2008.
However, the CEBR reckons total for 2024 could be as high as 33,000 which surpasses 2023's 30 year high.
Great time to increase corporation and income tax, wasn't it?...
urquattroGus said:
Digga said:
Utterly staggering figures on business insolvencies.
https://www.cityam.com/firms-still-face-significan...
May was better than April and 20% down on May 2023, which was the highest since October 2008.
However, the CEBR reckons total for 2024 could be as high as 33,000 which surpasses 2023's 30 year high.
Great time to increase corporation and income tax, wasn't it?...
And the NNM/NLW increase of Circa 10%https://www.cityam.com/firms-still-face-significan...
May was better than April and 20% down on May 2023, which was the highest since October 2008.
However, the CEBR reckons total for 2024 could be as high as 33,000 which surpasses 2023's 30 year high.
Great time to increase corporation and income tax, wasn't it?...
Essarell said:
When you see the stark reality of these figures how on earth do they try and claim that the economy is growing? Stories in the news about the Woodsmith site nr Whitby, sounds like that’s getting mothballed……
urquattroGus said:
And the NNM/NLW increase of Circa 10%
Quite.And what page the twits at the Bank of England are looking at is anyone's guess. If ever there were an illustration of how outmoded and useless the MPC are, then this is it.
classicaholic said:
urquattroGus said:
Digga said:
Utterly staggering figures on business insolvencies.
https://www.cityam.com/firms-still-face-significan...
May was better than April and 20% down on May 2023, which was the highest since October 2008.
However, the CEBR reckons total for 2024 could be as high as 33,000 which surpasses 2023's 30 year high.
Great time to increase corporation and income tax, wasn't it?...
And the NNM/NLW increase of Circa 10%https://www.cityam.com/firms-still-face-significan...
May was better than April and 20% down on May 2023, which was the highest since October 2008.
However, the CEBR reckons total for 2024 could be as high as 33,000 which surpasses 2023's 30 year high.
Great time to increase corporation and income tax, wasn't it?...
I agree £25k for somebody to sweep the floor is quite a lot. So why not buy autonomous machines to do that job? That would be the smart play - invest in productivity. But for some reason we British are very very bad at that, too.
So many people want something for nothing. In this case, they want a prosperous economy, ever-rising house prices, and yet want "somebody else" to cover the wages of staff. How is that supposed to resolve itself?
People have to live and the wage amount is OK, we are the privileged ones here who don't know what it's like to try and live on this.
However, the timing and magnitude of the increase this time came when many businesses are struggling to stay afloat and has in my view compounded matters, also surely it is inflationary when every cup of Coffee, Gregs etc the price goes up and is passed on to the already struggling consumer.
A bigger issue for business has been all the people on just above that wage whom now also feel de valued and would like a similarly large increase in what is for many businesses a very tough year.
However, the timing and magnitude of the increase this time came when many businesses are struggling to stay afloat and has in my view compounded matters, also surely it is inflationary when every cup of Coffee, Gregs etc the price goes up and is passed on to the already struggling consumer.
A bigger issue for business has been all the people on just above that wage whom now also feel de valued and would like a similarly large increase in what is for many businesses a very tough year.
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