The Trophy Industry: Post COVID-19
What Challenge Trophies are doing?
There is no denying the fact that the COVID-19 pandemic was one of the most disruptive times for companies around the world in modern society. Whether directly impacted with closures and restrictions or indirectly with repercussions on the former, most businesses have had a few issues to deal with throughout most of 2020 and 2021.
Whilst the economy is now on the road to fully opening again, the by-product of the previous 20 months will mean that there may be some challenges.
Regarding the business here at Challenge Trophies, we wanted to let you know that we have maintained our strong relationships across the globe during these times and as a result are the first to hear about any news within the industry. Read on where we summarise the current trophies and awards industry landscape and what Challenge Trophies are doing about it.
Whilst we are absolutely thrilled to see sports games return and face-to-face awards ceremonies back hand-in-hand with a sharp increase in demand for trophies, this has come at lightning speed and all at once! It is fantastic news for Challenge Trophies, but we wanted to ask our customers to be wary of global stock levels being at an all time low at this moment. With our tight relationships with all our suppliers, you can be rest assured that with Challenge Trophies, you are in the best possible hands to receive your trophies still within the timeframes we promise. We just wanted to make you aware that if you do know in advance about needing a trophy, it would be a massive favour for us to get as much lead time as we can.
With the demand for trophies at a record high, and supplies limited, we’re working with our partners closely to ensure this will not mean price increases for our customers. Here at Challenge Trophies, we were made aware of this issue early on and so have been fixing prices with all our major suppliers so these will not be passed on to our customers.
We’re at a huge advantage here at Challenge Trophies, being the number one supplier for trophies and awards online. We work with suppliers across the whole globe, meaning we are not bound to shipping from one country and we have relationships with a whole host of different suppliers. With our strong relationships, we have managed to keep good stock levels and keep our costs low. For any more information, please contact us on 020 8622 0250
Take a browse of the website and do not hesitate to get in touch with us regarding any questions. Call us on 020 8722 0250.