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The June Cliff for Nonprofit SWAG | Social Imprints
Manage episode 480766087 series 3078796
Social Imprints CEO Jeff Scheinbein warns of an impending June "cliff" for the promotional products industry as Chinese tariffs threaten to disrupt the $25 billion swag market. As a workforce development company where 85% of employees face employment barriers, Social Imprints exemplifies the American social enterprise success story now at risk from trade policies. Scheinbein explains that contrary to political narratives, manufacturing can't simply shift to the US overnight - the infrastructure doesn't exist and would take decades to develop, putting nonprofits and businesses alike in jeopardy when current inventory runs out.
For nonprofits, who "live and die by the bag" at conferences, this disruption threatens a crucial donor engagement strategy. Scheinbein highlights why promotional products offer exceptional ROI: they create a sense of belonging and tribal identity while providing affordable advertising compared to traditional media campaigns. As he explains, outfitting 10,000 people with branded shirts costs just $7-9 per item - turning supporters into walking billboards for your cause at a fraction of what conventional advertising would cost.
Beyond economic concerns, Scheinbein shares that successful promotional products like tote bags (with Trader Joe's boat totes being the single most popular promotional item in the US) and hats deliver the highest visibility, while eco-friendly and socially responsible items represent growing industry trends that align perfectly with nonprofit values.
300 episodes
Manage episode 480766087 series 3078796
Social Imprints CEO Jeff Scheinbein warns of an impending June "cliff" for the promotional products industry as Chinese tariffs threaten to disrupt the $25 billion swag market. As a workforce development company where 85% of employees face employment barriers, Social Imprints exemplifies the American social enterprise success story now at risk from trade policies. Scheinbein explains that contrary to political narratives, manufacturing can't simply shift to the US overnight - the infrastructure doesn't exist and would take decades to develop, putting nonprofits and businesses alike in jeopardy when current inventory runs out.
For nonprofits, who "live and die by the bag" at conferences, this disruption threatens a crucial donor engagement strategy. Scheinbein highlights why promotional products offer exceptional ROI: they create a sense of belonging and tribal identity while providing affordable advertising compared to traditional media campaigns. As he explains, outfitting 10,000 people with branded shirts costs just $7-9 per item - turning supporters into walking billboards for your cause at a fraction of what conventional advertising would cost.
Beyond economic concerns, Scheinbein shares that successful promotional products like tote bags (with Trader Joe's boat totes being the single most popular promotional item in the US) and hats deliver the highest visibility, while eco-friendly and socially responsible items represent growing industry trends that align perfectly with nonprofit values.
300 episodes
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