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Seattle Bindery Newsletter: Issue #32. We welcome your comments.
1. That cold chill. We quote a press release from January 16 from Consolidated Graphics: “In spite of record sales and earnings in October, and acceptable performance in November, the slowdown in business we experienced in December was very disappointing. While our sales initiatives and growth strategies continue to yield positive results, these soft market conditions have forced us to become much more aggressive in pricing to protect market share,” said Joe R. Davis, Chairman. Many trade binderies and print shops on the West Coast also have been eerily quiet in recent weeks, and as the latest reports from International Paper and Georgia Pacific attest, paper sales are s-l-o-o-o-w in many segments.
2.
Survivor II? In answer to the anticipated decline, NAPL’s Andrew Paparozzi
suggests now is a good time to start thinking outside the box, stressing the
crucial need for printers to pursue new non-print concepts and redefine
themselves as communication solutions providers. Instead of bowing to
inclination and slashing prices to stay competitive, his advice is to “find
ways to make your company more valuable to your customers.” Technology will
certainly play a big part in this, as customers will look to you to make their
lives easier.
3.
Finishing touches. Don’t forget Seattle Bindery when your customers want to
make that extra impression. Our letterpress operation
boasts a full complement of platen presses for foil-stamping and embossing work,
and cylinder diecutters, including a 29-inch x 41-inch Johannisberg diecutter.
Ask for a copy of our Foil Selector Guide which provides samples of the more
popular foils, as well as gold, pearlescent, holographic and other special order
foils.
4.
Ergonomics update. Business groups nationwide appear to be extremely unhappy
about the January 16 passage of the new ergonomics standards. Now, the latest
estimates predict it will cost businesses an extra $125 billion to remain
compliant. Already the US Chamber of Commerce has filed a lawsuit to fight this
new rule, which is scheduled to go into effect October 15. While it’s widely
speculated the Bush administration will repeal the law and/or the Labor
Department won’t strictly enforce it, we nonetheless should pay
attention—especially smaller shops that don’t have any such policies already
in place—because the issue will likely not just disappear.
5.
Specifying paper. According to a survey of 176 print buyers recently conducted
by WhatTheyThink, a website devoted to the graphic arts industry, 32 percent
said they use sample books provided by their printer to select paper for jobs,
while 24 percent use sample books from paper vendors. The rest of the
respondents said they select the color and weight themselves, but defer brand
selection to the printer. Overall, print buyers favored meeting directly with
paper companies, but would still consult with their printer before making a
final paper selection decision. From this, I’d speculate that offering paper
samples to customers may be an effective door opener for print sales reps.
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email her at judy@seattlebindery.com
Phone 425-656-8210
Fax 425-656-4400