Chinese New Year – Plan Ahead for Branded USB Flash Drives
Chinese New Year is fast approaching and this year the factories that produce the branded USB flash drives will be closed from around the 7th February to the 21st February. During this period not only do the factories that manufacture the memory sticks close but much of the infrastructure including the local and national freight companies (TNT, DHL, UPS etc) all pretty much stop and nothing moves.
The consequence of this is that for 2 weeks nothing much gets manufactured and what little does get manufactured can get stuck in China waiting for the freight and courier companies to return to work. There also tends to be a knock on effect on lead times when factories return to work and start dealing with the backlog of orders. Usual lead times of 7-10 days can get stretched to 3-4 weeks. Coupled with this the increased demand after the Chinese New Year holiday has historically pushed up prices in the short term.
Some UK companies will hold blank stock of the most popular branded memory sticks in anticipation of this seasonal challenge but bear in mind that UK prices for both stock and in particular the overprinting (post manufacture) are much more expensive. So, if you have an event or activity coming in February for which you require branded or promotional USB memory sticks then plan ahead and get your order in early. This way not only are you assured of getting your memory sticks in time but you’ll most likely get them at a better price.
According to the Chinese Zodiac calendar 2010 is the year of the Tiger an animal synonymous with bravery and courage combined with power and grace. The Chinese New Year Holiday (also known as the Spring Festival) is the most important of the traditional Chinese holidays and it’s a time when the focus turns away from work towards the family.
At USB2U we will, as always, carry some UK stock for our customers but there is always a high demand for this stock during the Chinese New Year so we strongly recommend that you plan ahead and place your order well in advance. This way we can supply exactly what you need without any compromise on colour or style of memory stick and we will deliver them at a better price.