Home Forums General General Pendraken Price Increase coming – 1st Feb

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  • #167044
    Leon Pendraken
    Participant

    There will be a price increase coming on February 1st, affecting most of our 10mm metal historical ranges, plus a smaller increase on paints, bases and flags. As you all know we don’t like doing this at the best of times, but sadly it’s unavoidable at the moment. I’m sure some of you have seen other companies having to do similar recently and unfortunately we’re no different.

    Since the start of the pandemic, material costs have risen sharply with metal now 78% more expensive and MDF 48% higher. This has been largely down to limited production levels across the globe along with increased demand, forcing prices up everywhere. We’ve also got an increase to the UK minimum wage coming on April 1st, along with National Insurance, adding another 9% to the annual wage bill.

    Combined, these increases are hitting us for around £35,000 extra per year and as a result we’ve actually been running at a loss for the past few months. We’re hoping that the metal and MDF prices will peak soon and start to reduce slightly, but with no firm indication of when that will be, we’ve had to make the decision to adjust our pricing.

    Prices on standard infantry, cavalry and artillery packs will go from £5.50 to £6.00, taking us to a round 20p per infantry figure and 40p per cavalry. There will be no change to our vehicle pricing or the WWII+ artillery packs. Pricing on custom orders will remain at current rates as well.

    Vallejo paint prices have gone up similarly so we’ll need to take these from £2.35 to £2.50 per pot, and MDF bases will go from £1.25 per pack to £1.30. Our flagsheet prices haven’t changed in about 10 years so those will go from £2.50 to £2.95 per sheet.

    To summarise:

    Regular 30 foot / 15 cav / 3 gun + crew packs = £5.50 up to £6.00
    10-man infantry packs = £1.85 up to £2.00
    Army packs = £34.00 up to £36.00
    Vallejo paints = £2.35 up to £2.50
    MDF bases = £1.25 up to £1.30
    Flagsheets = £2.50 up to £2.95

    From a quick look around these changes will keep us competitive among the other 10mm manufacturers so I hope that folks still feel that they’re getting value for money. We’ve got a lot of plans for this year and beyond, with more new Pendraken ranges and more requests ticked off.

    There’s about 3 weeks until the increase, so make sure to get your orders in before Feb 1st to take advantage of the current prices.

    You can also find our review of 2021 here: https://www.pendrakenforum.co.uk/index.php/topic,21369.0.html and our extensive plans for 2022 here: https://www.pendrakenforum.co.uk/index.php/topic,21394.0.html

    As always, let me know if there’s any queries.

    www.pendraken.co.uk - Now home to almost 6000 products, including over 4200 products in 10mm, plus MDF bases, Vallejo paints, I-94 decals, Red Vectors MDF buildings, Raiden Miniatures, Militia Miniatures and much, much more!

    #167046
    ian pillay
    Participant

    Leon, needs must. Surprised you’ve held off so far on increasing prices. On reflection, the increases still make you very competitive so I don’t think you will suffer from this decision. Got to put food on the table! The plans for this year look really good. Very excited about the sci-fi and dungeon revamp.

    As to opening a shop, that’s got to be a very proud moment for you. Congratulations on growing the business to that size.

    Best of luck for 2022, not that you’ll need it.

    Tally-Ho!

    #167059
    Alex
    Participant

    Prices after increase remain very fair and competitive – Pendraken will remain my go to place for 10mm purchases without question!

    Alex (Does Hobby Stuff)
    practising hobby eclecticism

    #167080
    Leon Pendraken
    Participant

    Leon, needs must. Surprised you’ve held off so far on increasing prices. On reflection, the increases still make you very competitive so I don’t think you will suffer from this decision. Got to put food on the table! The plans for this year look really good. Very excited about the sci-fi and dungeon revamp. As to opening a shop, that’s got to be a very proud moment for you. Congratulations on growing the business to that size. Best of luck for 2022, not that you’ll need it.

     

    Thanks Ian, the shop is certainly an exciting prospect and something I’ve wanted to do since I took over things back in 2009.  It’s taken a long time but we’re almost there now!

     

    Prices after increase remain very fair and competitive – Pendraken will remain my go to place for 10mm purchases without question!

     

    Excellent, good to hear!

    www.pendraken.co.uk - Now home to almost 6000 products, including over 4200 products in 10mm, plus MDF bases, Vallejo paints, I-94 decals, Red Vectors MDF buildings, Raiden Miniatures, Militia Miniatures and much, much more!

    #167086
    Andrew Beasley
    Participant

    Understandable.

    Thanks for absorbing the cost to date and keeping this pain to the minimum.

    #167087
    Jim Webster
    Participant

    Given the increased costs every business will be absorbing at the moment, the only surprise is how low the increase is. All the best for a successful 2022

     

    Jim

    https://jimssfnovelsandwargamerules.wordpress.com/

    #167088
    Leon Pendraken
    Participant

    Thanks guys, really appreciated.

    www.pendraken.co.uk - Now home to almost 6000 products, including over 4200 products in 10mm, plus MDF bases, Vallejo paints, I-94 decals, Red Vectors MDF buildings, Raiden Miniatures, Militia Miniatures and much, much more!

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