What makes Blue Moon’s fabrics a cut above the rest is our powerful relationship with overseas textile mills. For two decades, our business has been innovating and developing with manufacturers in China allowing us to deliver trend-setting textiles to our customers year after year. In this article we'll explain the current environment, how Blue Moon Fabrics is adjusting, and how you as a business can prepare for the changes happening.
We wish it was an exaggeration, but the cost of importing goods from China has skyrocketed 1,000% in the past 6 months. Historically, the cost for importing a single 40-foot container from Shanghai to Los Angeles averaged around $1,500 per container. But beginning in October of 2020, industries across the board began seeing a dramatic increase in their import costs. All of us watched helplessly as shipments doubled or tripled in fees from the shipment before.
Blue Moon Fabrics has always done what we can to absorb fluctuations and occasional spikes in these kinds of expenses because we know changes to our prices have a cascading effect on the businesses who depend on us.
Here are some tips to help you shop smarter;
Order Larger Quantities, Less Frequently: We love seeing customers come back week after week, but we love seeing you make savvy business decisions even more. With a little planning you could save your business a nice chunk of change.
Head on over to Your Account on bluemoonfabrics.com and spend some time reviewing your purchase history from the last 3 to 6 months. If there are items you find yourself buying frequently, consider placing a larger order to take advantage of Blue Moon Fabrics’ wholesale pricing. Not only will you save on the cost of fabric, but by ordering less frequently, you’ll also save on the cost of shipping.
Be Strategic with Your Offerings: Let’s say you offer your product in 10 colors and you’re going into production with 50 yards. Dividing those 50 yards amongst 10 colors of our Matte Nylon Spandex would have you paying the new retail price at $14.00 per yard. However, if you were to drop the 5 slowest-selling colors, and increase the quantities of the better performing colors from 5 yards to 10 yards, those items would then qualify for Gold Level Pricing, saving you 10% on the cost of fabric.
We often think more options will boost sales, but in reality having too many options confuses customers and leaves them unsure of which to buy, often resulting in LOWER sales overall. Invest your money in the products that make you money, not in what you think people want to see. Because Fashion starts here at Blue Moon Fabrics!