Starting on May 25th, 2021 SPOD will introduce new product prices and shipping rates for items from our North American facilities. These changes only affect you if your store is connected to SPOD US, while prices and shipping for SPOD Europe will remain the same.
New product prices
On average, there’ll be an increase of $0.44, but this will vary for each product type. Some prices won’t change at all however others may increase up to $2.46. Starting to sound confusing?
Don’t worry, you’ll find a complete list of our products and their new prices here.
New shipping rates
Shipping prices will also increase. They are subject to a slight variation in the way they are calculated. As before, the value of a basket will dictate the cost to ship, but the ranges of value have been reorganized.
For instance, a basket of goods valued up to $13.50 will be charged $4.89, the standard shipping rate in North America. Basket values of $13.51 to $24.50 will be charged the same standard shipping rate of $6.75.
Again, don’t worry if this is hard to picture, you can find all the new shipping rates per basket value here.
Why our prices are increasing
In a global context
Big suppliers like Gildan, Bella & Canvas, and Fruit of the Loom have all raised their prices because of the long-term impacts of COVID-19. Many different parts of the supply chain have also shifted during this time. Some changes were a long time in the making, such as higher and more ethical minimum wages in Bangladesh and India. While other changes have been unexpected, like factories rethinking their hygiene protocols and standards. Even the price of cotton has increased by $0.13 cents per pound since the beginning of 2021.
New shipping rates are also necessary due to the unprecedented increase in online shopping over the past year. Because of this massive demand, shipping costs have changed on a global scale. Shipping providers have increased their capacities in a huge way to accommodate for all the new business and decided to raise their prices.
Since our launch in 2018 and throughout the COVID-19 crisis, we’ve been able to offer you stable and reliable pricing. Now the time has come to adapt our business to global changes and to ensure continuous quality for your business.
While the world has grown over the past few years, so have we. We’ve added more high-tech printers and we are working on improving organizational processes within both production and the supply chain. We look forward to developing this growth for our mutual success in the years to come.
What you should do next
What does this mean for your business? Firstly, we recommend looking at the linked documents above for a complete list of our new prices. Then our biggest tip is that you adjust your retail prices as you see fit before they change on May 25th, 2021. By doing so before the official launch you can protect your margins.
How to change your pricing on Shopify
Option 1: Change individual product prices manually
To do this go to the SPOD app > Products > Edit products. Or go to your Shopify Navigation and select Products> Open each product you want to change > Adjust prices in the ‘Variant’ section.
This option can be a hassle, but efficient if you don’t have too many products to change.
Option 2: Manually adjust prices for all products in one row
You can do this with Shopify’s Bulk Editor. Go to your Shopify Navigation and select Products > Edit products > Adjust the prices. If you choose this option, remember that you will not be able to perform a calculation (for example, calculate percentages).
- Guide to Shopify’s Bulk Editor, read more here.
Option 3: Edit all the prices at once with a CSV file
Export your products as a CSV file, then update the pricing and import them back into your store. A benefit here is it may be possible for you to calculate and increase all the products in the CSV to your desired percentages.
- How to use CSV files, read more here.
- How to export your products, read more here.
- How to import your products, read more here.
As always, we’re here to help! Contact us.