Top 4 Trades of January 2023

At the beginning of each new month, we like to go back and see what the Top 4 Trades were from the previous month. This way, we know what our clients are looking for and how trade is helping them in their daily lives.

This past January, IMS Members Trade pushed the Top 4 Trades indoors to the kitchen cabinetry market and outdoors to our commercial roofing contractors. Following up, a motorcycle and an engagement ring crossed the line for the January Top 4 Trades. The cold weather this time of year did not deter members from using Trade to save money on their kitchen cabinet updates. For commercial roofing, late summer and early fall make the best time to hire a contractor as their late-year schedule starts to open. Using Trade Dollars and timing brought advantages to members in January. In addition, 2023 will be a big year for motorcycle enthusiasts across the US. Keep in touch with your broker if you like the open road on two wheels. Lastly, the new year and Valentine’s Day have always triggered the jewelry market with wedding engagements. As always, seasonal cycles and your IMS Broker services can unite you with the best pricing, supply, and availability for your needs.

Here is the rundown of The Top 4 Trades from January:

Kitchen Cabinets

In looking at the total market size, industry chain, and market dynamics applied to a global scale, the kitchen cabinet and resurfacing industry will grow 6.5% annually on through 2028. With regions like the United States, Europe, China, Japan, India, Southeast Asia, Latin America, the Middle East, and Africa pushing this growth, there is always a concern about costs for supply, demand, and services. The global Kitchen Cabinet market size was valued at $68.14 billion in 2022 and is projected to hit $96.94 billion by 2028. Using Trade and updating your kitchen sooner than later will likely bring you the best value and product selection as the market demand progresses. We have seen home products affected by market limitations and found quality is affected by global factors. The world is facing new challenges to secure the global shipping lanes, so now is always a great time to forward any home update. Contact your Broker for a list of members who deliver the best services for kitchen cabinetry.

Commercial Roofing

Competition in the commercial roofing market rests upon demand and supply of roofing products and services for commercial buildings. This market has grown in recent years due to the increase in construction activities in response to the commercial opportunities. The market is highly competitive. Your IMS Broker can help you with many members offering various roofing products and services, such as single-ply membrane systems, metal roofing systems, and asphalt shingle systems. Your Broker understands the members who offer your roofing needs and accept Trade to bring quality results to the commercial property market. You can expect the growth of this market to continue, driven by factors such as urbanization, technological advancements, and changing regulations. IMS members in the construction and roofing services exist by reputation and quality workmanship. They are the best.

Motorcycle

Occasionally IMS members will find incredible offers on vehicles. This past month had a motorcycle enter the Top 4 Trades. If you seek a motorcycle from the IMS Marketplace, let your Broker know, as they will connect you with an opportunity that enters our Marketplace. Using your Trade and your membership continually beats the outside markets to give members great value at less cost. Here are the insights. The resale value of a motorcycle depends on several factors, such as the make and model, age, condition, mileage, and demand for that particular type of motorcycle. Generally, motorcycles from well-known and reputable manufacturers tend to have a higher resale value. However, the price of a motorcycle can also be affected by the popularity of specific makes and models. For example, if a particular make and model is in high demand, it may have a higher cost, while a less popular ride, may be lower. The resale offer of "the right" motorcycle can also be affected by the local economy and the availability of used motorcycles in the area. IMS members are not affected by these local factors. Everyone benefits from a robust Marketplace and motivated sellers with high-quality products. Vehicles are no exception.

In general, it's a good idea to research the motorcycle you want and let your Broker know you are in the purchasing market. Inform your IMS Broker of the factors of the motorcycle you seek, such as the make and model, age, and condition. When buying vehicles today, an opportunity is enormous when you need a great vehicle at a fair cost. Get those opportunities with IMS, call your Broker today and let them know you're ready to Trade-to-ride in 2023!

Engagement Ring

The engagement ring market is a multi-billion dollar industry that primarily deals with the purchase of diamond rings and other precious gemstone jewelry as symbols of love and commitment in engagements and marriages. The market size, consumer preferences, and trends vary by region, but diamonds remain the most popular choice for engagement rings. The four Cs (cut, clarity, color, and carat weight) are used to evaluate the quality and price of a diamond, with the most desirable diamonds being those with a high carat weight and exceptional cut and clarity. The IMS Marketplace has an abundance of jewelry investments for members to take advantage of with Trade dollars. In addition to diamonds, other precious stones such as sapphires, emeralds, and rubies are also popular choices for engagement rings. The engagement ring market also includes a range of styles, from classic solitaires to modern and unique designs, catering to diverse consumer preferences. You can find incredible engagement rings and gemstones populating the IMS Marketplace. We encourage members call their local Broker for local jewelry and... check out our Fine Jewelry Marketplace section here. >https://bit.ly/3wS5pyV