Monday, August 27, 2007

Meetings with suppliers

This month we have been meeting with all of our suppliers to talk about the New Year and next July 4th season. We have seen lots of new products from our suppliers and will be making decisions over the next month on which items to carry. Brothers has a lot of new big cakes. They have a lot of new 9, 12, and 15 shot cakes. They are also making some great saturn missile batteries. Cannon has developed some new unique cakes too. Hop Kee (Mighty Max and Firehawk) has really improved the quality of their labels, and have a few really great items that should be available at a good price.

Tuesday, August 14, 2007

New 2008 Items

Hello Everyone,

We are just starting to receive information from our suppliers about their new items for 2008. Some of them were on display at PGI, and Brothers and Cannon will be having demos at the NFA in September. There is already a buzz about Brothers' new 12 and 15 shot cakes, and Cannon has some new great fan cakes that I can't wait to see in person. I read on pyro universe that Leeca has posted video of the new Brothers products, but I don't know if video is up for the Cannon items.

Raising Prices

Hello all,

It is that time of year again, time to start setting our prices for New Year's items. This year, there will be big increases industry-wide. Here are some of the factors:

- Chinese tax rebate for fireworks exporters has been reduced 8%.
- High demand for space on cargo ships going from China to the US (and little demand for space going the other way) has made the prices of importing go up, especially on items, such as fireworks, that have higher insurance rates for the shipping company.
- Increase in the cost of raw materials, mostly the metals used to give fireworks their color.
- The RMB has been severely undervalued the past few years and is starting to appreciate against the US dollar.

As always, we are going to do our best to keep costs as low as possible. We will also be offering our import program, platinum, and early order discounts to help you save as much as possible on your fireworks.