Wednesday, April 9, 2008

Bingo Paper Prices to Go Higher

We've heard rumblings for many months that bingo paper manufacturers were preparing to increase paper prices substantially. Well, that day is finally here.

A couple of the largest bingo paper manufacturers have already raised prices, but today, we received notice that the last major holdout American Games, inc will be increasing paper prices in the near future.

This was inevitable. Commodities prices for most manufactured goods have been going up for some time, adding to manufacturers' costs. Further, gas prices continue to climb, and bingo paper is a heavy product that is expensive to ship. These things create a recipe for upward pricing.

The bottom line: Expect your bingo's paper prices to increase 10-20%in the near future if they haven't gone up already.

One Way to Beat the Price Increase
Keep in mind that most bingo distributors will offer some price breaks for bingos that use "standard" bingo paper. "Standard" paper books are simply bingo books that follow a specific color pattern determined by the manufacturer. It is easier (and less costly) for the manufacturer to produce books in the same color order than to create special runs for unusual color patterns.

If your bingo paper is in a special color sequence, you should ask your bingo distributor about switching to a "standard" rotation. While you may have to let your bingo players know about your game color changes (and reprint bingo programs), your bingo will probably save money in the long run.

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