Important Update

Tariff Adjustments & Pricing Changes – What You Need to Know

Customer, Colleagues, Partners, and Friends,

Since January of this year, much has changed in the ability to support the promotional products industry.  

Thank you for your commitment to maintaining our on-going relationship. Our entire M3 Promotions Crew has been working on ways to minimize the impacts of tariffs on pricing and products that we service you with. As you know, importing materials from outside US borders has been subject to tariffs that are affecting costs of various products.  As a result, pricing is going to be something that we are going to work through.

With each and every one of you in mind, we are committed to doing whatever we can to help keep pricing competitive and look after your best interest.  We appreciate everything you all do and we value our on-going relationship.

 

Some of the things that we know will go into place over the next few weeks will be as follows:

Starting June 1:

  • Prices on all private label and retail products will increase. We are not sure exactly how much, but we know that adjustments are going to have to be made.
    • As you have any request, please bear with us as we need to understand what impacts are to cost, timeframe, and finish out of products you may have requested from us in the past.
  • We are evaluating all of our vendors currently and looking for alternative solutions to have US manufacturing in place to avoid delivery delays or fluctuations in pricing while tariffs are settled.
  • We are now able to have everyone pay by credit card but will implement a 3% surcharge as part of the pricing.

Like everyone, we’re watching to see what plays out while tariff rules settle. We will continue to build a strong and diversified global network that gives us the flexibility to respond to rapid changes. While we hope that further price increases aren’t necessary, some of our larger partners have shared they expect further price increases in the future. We will share more information as it becomes available.

As we move forward in this changing environment you can expect us to be transparent, keep your best interest in mind, collaborate and be innovative and work with you to create the best campaign that helps you represent you.

All the best and thank you for faith in us and our commitment to your business,


Matt McGaughey
President & CEO