This just in. The Fidget Spinner Fad is Officially Dead!
I am completely within the rights to make this announement. The Fidget Spinner is Dead. After selling over 1 million of them in the Winter, Spring and early Summer of 2017 I can now tell you that the Fidget Spinner Phenomenom is over, kaput, finito, dead as a doornail, long, long gone!
Let’s look back for a moment. At this exact time in the early spring of 2017 I could not turn my phone on at anytime without it ringing and a request for a Fidget Spinner.It was insane.
As fun and as profitable as it was to be in on a the ground floor of a fad it was a toll taker on the head and business. We put in 14 hour days and could barely just keep ahead of the order entries. We were fortunate in the fact that we spotted the trend late in 2016 and made sure our off-shore factories we all aligned to meet the demand and we did meet the demand.
“I am sure glad we carry no inventory as those suppliers who still have fidget spinners in stock are sitting on a heap of rusting bearings and plastic that no one wants!”
The Fidget Spinner was one of those rare bits of social science that captures people attention like few other things. Cabbage patch dolls, Pet Rocks, Hula Hoops and Fidget Spinners will all be in the fad hall of fame.
Fidget Spinners were great for marketers. It was a huge sensation that worked perfectly at tradeshows and b2b marketing. However for those who thought it would have a long shelf life and brought in hundreds of thousands to sit on their shelf awaiting small orders with logos they are holding a ticking time-bomb.
Bearings should be stored in grease and when used are always encased in a grease or oil based lubricant. This is NOT how suppliers who have these in stock are storing them. As this is the case even if you order fidget spinners you are likely to get one that is rusty.
Furthermore a lot of the truly “fadish spinners” such as glow in the dark and LED are no longer having housings made, there is just no demand.
“The only fidget spinner still worth buying are high qaulity metal spinners that are custom made for you and shipped by air and greased to go!”
So, a year after the world went ape-shit-crazy for the Fidget Spinner I am now deleting all but a few of the best quality ones from Promo Motive as I know these are valuable and quality oriented.
The world has moved on and the new fad is quite possibly the POP Socket!