The red sea issue has the shipping cost risen will it be the same during covid?

Cheaper price with better quality

The shipping cost due to the Red sea issue has rised almost double than before, this situation presents an opportunity for local manufacturers to showcase their services.

 

However, Just would like to also mention ,“ you will always need to get the stable quality for your bubble tea shop “ some bubble tea shops they are easy to closed because they also want the cheaper price for the bubble tea shop.

It is not a bad idea , but they will need to make sure the quality they sell can be the same or even better than their current supplier or their end customers will find the different and will not go back again.

 

Another headache Red sea Crisis

Some will say it will last till next year2025, it will affact again the economy around the world.

As we know only the Ai( but as the goods to Europe or USA from Asia are not back to normal , and as our clients says due to the price of everything is higher than before a lot, so some people will not spend their money just like before.

And some of electronics company still try their best to consume their stock.

More worse ,some industries now still have a lot of stock in their warehouse , like bicycle business.

And we still notice that sometimes the shipping company will cancel the vessal if the containers in the boat is not enough.

 

 

Prepare their bubble tea material from the coming summer.

Some of our clients now are preparing their bubble tea material for their coming summer. And due to the Lunar Chinese New year will be in Feb. so some will try to have their bubble tea material shipped out before it.

And as the shipping cost change every 2 weeks. So they will also hope the their container can be shipped out as early as possible.

 

The financial in the winter.

 

As bubble tea business is always very slow in the winter time , so we will try our best to support our partners/ client

Some of our clients they will just pay the deposit 30 % instead of 50 % and after shipping out 30 days then pay the rest of amount

t , but it is just for our partners who have been working together for year.

 We would always like to emphasize the importance of maintaining stable quality, particularly for businesses such as bubble tea shops. Some establishments might seek cheaper prices, but it's crucial to ensure that the quality matches or exceeds that of their current suppliers to retain customer loyalty.

 

The lingering effects extend beyond the pandemic.

 

With predictions suggesting that challenges may persist until 2025. Shipping disruptions, especially from Asia to Europe or the USA, continue to impact the market. Higher prices for goods have altered consumer spending habits, with some being more cautious. Certain industries, like electronics and bicycle businesses, still grapple with excess stock.

 

Preparation for the upcoming summer is underway for some clients in the bubble tea industry.

 

Considering the approaching Lunar Chinese New Year in February, efforts are made to ship out bubble tea materials ahead of time, bearing in mind the fluctuating shipping costs occurring every two weeks.

 

The financial challenges persist during the winter months.

 

Particularly for bubble tea businesses experiencing a seasonal slowdown. To support long-term partners, some clients opt for a 30% deposit, deferring the remaining payment until 30 days after shipping.

 

In navigating these challenges, businesses must adapt to the evolving shipping landscape, prioritize quality, and maintain flexible financial arrangements with trusted partners.