Unprecedented demand during Black Friday 2024 has dramatically impacted our inventory levels and future pricing. Here's your essential update on post-sale availability and what it means for your business.
Current Situation
We successfully negotiated with our supplier because we knew they had few prospects for large sales until February and needed money to pay their staff for holidays while they were not working due to the holiday season. Given the current situation with the Australian Dollar, we also knew the new goods would be dearer.
I think most people agreed with us, as this Black Friday did create a surge in demand for POS Hardware that no one expected. In the process, it accelerated inventory depletion faster than we anticipated. This surge in demand has direct implications for our pricing structure.
Pricing Changes
Black Friday prices will expire when the suppliers stop offering them. We all knew these promotional prices were temporary, and soon, we expect to transition back to our regular pricing structure.
What This Means for You
Remaining Stock
Many Black Friday-priced items will be honoured at discounted rates until inventory is exhausted or till mid-January when the new orders start coming through.
So don't expect this Black Friday pricing to last.
Future Pricing
Given the current state of the Australian dollar, we anticipate that new inventory will likely be at a higher price.
Moving Forward
Transparency and Communication
We're committed to keeping you informed about stock levels and pricing changes. Our team is ready to answer any specific questions about particular items.
Final Thoughts
The Black Friday period did provide a unique opportunity to offer exceptional value, but it's crucial to understand these were limited-time offers. Our goal remains to support your business with quality products at competitive prices year-round.
