Increase to Pricing on Custom Orders!

Started by Leon, 15 August 2021, 05:06:47 PM

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Orcs

Quote from: Spartan on 16 August 2021, 05:53:26 PM
IMHO, those prices are very reasonable. Some companies i am aware off charge x 2 for a particular figure in a set.

And many won't do it at all.
The cynics are right nine times out of ten. -Mencken, H. L.

Life is not a matter of holding good cards, but of playing a poor hand well. - Robert Louis Stevenson

fred.

Having just put in a small order with another 10mm producer (I know, sacrilege!) I am again impressed with the quality and price of the Pendraken range.

The figures from the other manufacturer are 20% more than Pendraken, and the quality is much lower. Whilst I'm not that keen to see a price rise on Pendraken figures, I am really really not keen to see Pendraken squeezed by rising costs. From a quick bit of checking just now, I do think Pendraken is at the cheaper end of the main 10mm metal producers.

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Leon

I'm keeping an eye on it and we'll see how we go for the next few months.  We get a fixed rate on our metal price for 3 month periods so we're OK until the end of October on the current contract.  We'll see how much it's jumped by for the November delivery and see if we need to make any changes at that point.
www.pendraken.co.uk - Now home to over 10,000 products, including nearly 5000 items for 10mm wargaming, plus MDF bases, Battlescale buildings, I-94 decals, Litko Gaming Aids, Militia Miniatures, Raiden Miniatures 1/285th aircraft, Red Vectors MDF products, Vallejo paints, Tiny Tin Troops flags and much, much more!

mollinary


QuoteI'm keeping an eye on it and we'll see how we go for the next few months.  We get a fixed rate on our metal price for 3 month periods so we're OK until the end of October on the current contract.  We'll see how much it's jumped by for the November delivery and see if we need to make any changes at that point.
Leon, We know you are the most reasonable of suppliers, and will make the right judgement when the time comes.  We are lucky to have you!  Oh, and by the way, have you made any progress on..............!🤣😂😂😂
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Leon

Quote from: mollinary on 22 August 2022, 06:15:05 PMLeon, We know you are the most reasonable of suppliers, and will make the right judgement when the time comes.  We are lucky to have you!  Oh, and by the way, have you made any progress on..............!🤣😂😂😂

 :D

Just looking at the discussion above, the metal prices continued to rise through until about April-ish and then they levelled out a bit. The last batch was a touch lower than previously so hopefully things continue in that direction.
www.pendraken.co.uk - Now home to over 10,000 products, including nearly 5000 items for 10mm wargaming, plus MDF bases, Battlescale buildings, I-94 decals, Litko Gaming Aids, Militia Miniatures, Raiden Miniatures 1/285th aircraft, Red Vectors MDF products, Vallejo paints, Tiny Tin Troops flags and much, much more!

Orcs

Charge what you need to make a fair living and pay a fair wage to your workers.  I suspect that most of the Forum receive a fair wage for what they do.
The cynics are right nine times out of ten. -Mencken, H. L.

Life is not a matter of holding good cards, but of playing a poor hand well. - Robert Louis Stevenson

whubble

As long as you're making a fair return on your investment ... and continue to make an amazing product, not an issue for me. Take care. ;)

Heedless Horseman

Pendraken has always been excellent over 'requests'.
Sadly! The 'mountain' is HUGE... but others will still climb!
Many Thanks.  :)
(40 Yrs ago. I should have been an Angry Young Man... but wasn't.
Now... I am an Old B******! )  ;)

FierceKitty

Quote from: Orcs on 23 August 2022, 10:41:26 PMCharge what you need to make a fair living and pay a fair wage to your workers.  I suspect that most of the Forum receive a fair wage for what they do.

You can't be in the education business!
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paulr

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John Cook

The prices of everything are going up for all the reasons we know about, driven at least in part, by energy prices and the Russian invasion of Ukraine.  I can't see how Pendraken could possibly be unaffected by this.

Orcs

Quote from: FierceKitty on 24 August 2022, 02:09:53 AMYou can't be in the education business!

No your quite right.  I am a mercenary in the Telecoms business. Turned down a management position 20 years ago as I could not afford the pay cut. In the best case scenario it would have taken me 7 years and cost me nearly £30k to get back to where I was at the time.

Turned out to be a good decision.

The cynics are right nine times out of ten. -Mencken, H. L.

Life is not a matter of holding good cards, but of playing a poor hand well. - Robert Louis Stevenson

Leon

Quote from: John Cook on 25 August 2022, 11:11:08 AMThe prices of everything are going up for all the reasons we know about, driven at least in part, by energy prices and the Russian invasion of Ukraine.  I can't see how Pendraken could possibly be unaffected by this.

We're holding off as much as possible on any further price increases but I don't know what'll happen by next year.  The minimum wage/NI increases added about £10k to the annual wage bill, the metal prices at their peak were +£30k per year, MDF is up £4k, silicon for moulds about £1k, plus the fuel for the van, packaging materials, etc. so it's not been a great 12-24 months lately.  The price rise we did in Feb generated about £20k of additional income but obviously that covers less than half of the costs increases we've seen. 

I keep hoping that the decrease in metal prices last month will continue through the rest of this year and get things back to a more sustainable level.  The energy cost increases won't hit us until 2023 as we're in a contract, so we can deal with that later.
www.pendraken.co.uk - Now home to over 10,000 products, including nearly 5000 items for 10mm wargaming, plus MDF bases, Battlescale buildings, I-94 decals, Litko Gaming Aids, Militia Miniatures, Raiden Miniatures 1/285th aircraft, Red Vectors MDF products, Vallejo paints, Tiny Tin Troops flags and much, much more!