Same sales trend as with previous elections

Marc Kurth

For the last 6 months, we have seen a steady rise of people swapping out their battery banks before they really need to. Sharp increase in the last few weeks. This seems to happen as we approach major elections and other news worthy events pop up. I would classify most of these customers as common sense "preparers" as opposed to being hard core preppers. The driving forces are concern about supply chain failures and spiraling costs. It is heartening to hear that some of them are stocking a little extra in order to be able to help others who aren't thinking ahead. Kudos to them!

Surprisingly, two unrelated OEM customers have bought several extra pallets for their own inventory just to be sure that they can keep building their products if there are shortages. This time of year is when many of us reduce inventory, so this creates a challenge.

Marc