79% of Signmakers Plan to Raise Prices at the Start of 2022

QUESTION:

Do you plan to raise your prices at the start of 2022?

Yes: 79%

Just about all of our costs, material, labor and overhead have gone or will go up. — David Ferro, 303 Sign Co., Longmont, CO
Have been raising them gradually since July. — Chrysanna Hanes, Sign Art Group, Tampa, FL
To account for material increases as well as pay increases. — Abdul Cassimjee, Stallion Signs, San Antonio, TX
Prices of supplies and shipping have gone way up, so we are adjusting our prices. — Lannette Ring, Signs & Designs by AFS, Colfax, WA
Rising costs of materials and labor. — John Yarger, North American Signs, South Bend, IN
As all of our suppliers [raised] their prices (aluminum, vinyls, etc.), we ate that cost for our customers for the past year. We can’t do that again. — Mary Hester, Carolina Pride, Timberlake, NC
Fuel, to start with, have you seen the price? Pretty much all materials have gone up if you can get them. — Tish Scialampo, Absolute Sign, Los Alamitos, CA
All of our suppliers are raising their prices and employees are hard to find, so we have to increase the rates for the ones we have in-house to make sure they stick around. — Henry Quezada, Baron Sign Manufacturing, Jupiter, FL

No: 21%

To remain competitive with the competition. — Corrie Lebens, Crown Signs Systems, Mount Vernon, Ny
We raised prices in July. Steve Roark, Stripe-It, Florence, Sc

QUESTION:

How much does your revenue generation slow during the winter months (Dec. 21-Mar. 21)?

More than 20%
11%
10+% to 20%
30%
5+% to 10%
22%
Up to 5%
19%
None (our revenue increases)
18%

QUESTION:

Which is your slowest revenue-generating winter month?

December
28%
January
29%
February
24%
March
8%
Other (our revenue does not slow in the winter)
11%

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