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Procurement Market Intelligence Report

Storefront Signage
Sourcing Guide & Market Trends

Comprehensive intelligence for making smart purchasing decisions

Learn about actual and potential costs

How much should I pay for Storefront Signage?

What is the average price of Storefront Signage?

This procurement report includes pricing information to help you purchase Storefront Signage. Our analysts provide a benchmark price and a price range based on key pricing factors to help you understand what you should be paying for this specific product or service. To see the average price for this and hundreds of other products and services, subscribe to ProcurementIQ.

Has the price of Storefront Signage been rising or falling?

Analysts look at market data from the previous three years to determine an overall price trend. You can use the recent price trends to help you understand price volatility and plan your budget.

I’m not ready to purchase Storefront Signage yet. Will I pay more if I wait too long?

We forecast the next three years of price movements by looking at factors likely to affect the market's supply chain, such as inputs, demand and competition. You can then use the price forecast to figure out the best time to purchase.

What other costs are associated with purchasing Storefront Signage?

Our analysts calculate the total cost of ownership and assign a level of low, moderate or high, depending on things like customization, integration and installation. Use this information to budget for Storefront Signage with a reduced risk of unexpected costs.

See how we display average pricing information, trends and market data.

Find the vendor to meet your needs

Where can I purchase ?

The storefront signage market has a low level of market share concentration, with the top four suppliers accounting for less than 30.0% of the market. ProcurementIQ estimates that 5,150 suppliers operate in this market in 2021, including large national suppliers, midsize regional suppliers and small local suppliers. The level of... Subscribe to learn more.

Questions to ask potential suppliers

How can I gain leverage during negotiations?

Signage Options

What different types of signage do you offer (e.g. 3D, raised lettering or illuminated)?

Do you create custom signage in nonstandard sizes?

What are the materials I can select from for my signage? What is the most popular material?

What material will last me the longest and be the most cost effective?

Supply Chain

How do input material price fluctuations affect me?

How has the volatile pricing of plastic effected your pricing?

Do you have contracts with multiple manufacturers of raw materials?

Have you ever experienced supply shortages? If so, how did it affect your clients?

What are the criteria you use for picking manufacturers and suppliers to partner with? How do their changes impact my price?

Do you source materials with high exposure to market disruptions resulting from the coronavirus? How are you coping with these disruptions?

How diversified is your supplier base for inputs? Do you source from multiple suppliers in different global regions?

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Key elements for every RFP

What should my RFP include?

Project Budget

Buyers should indicate desired payment options and contract terms.

Buyers should state their expectation for delivery and installation costs

Buyers can refer to the Benchmark Price and Total Cost of Ownership sections of this report to help determine gauge how much they should be willing pay for signs.

Selection Criteria

Buyers should explain what factors they will put the most emphasis on when selecting which supplier to award.

Buyers should evaluate a supplier based on scope of services, quality of materials, market knowledge and delivery capabilities.

Buyers should state that price will be one of the most heavily weighted factors in the decision-making process.

For a detailed list of key selection criteria, buyers should reference the Buying-Decision Scorecard section of the report.

Project Schedule

Buyers need to detail all important dates for suppliers, such as when proposals are due and when awards will be announced.

Buyers should indicate what the expected delivery dates are for each type of sign desired.

Buyers should explain schedule of payments for bid winner.

Evaluate major factors to mitigate risk

How risky is the supply chain?

Supply chain risk is moderate in the storefront signage market. Although supply chain risks are unlikely to affect the supply of main components or raw materials needed for storefront signage, they could impact the ultimate price of the product. Among second tier suppliers, aluminum manufacturers and petroleum wholesalers pose the... Subscribe to learn more.