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ProPrint Poll: Printers facing unsecured debts

ProPrint Poll: Printers facing unsecured debts
by Staff Writers
Nov 27, 2009
Find more like: Derwent | Howard | Media | Webstar | Printing | quality | group | unsecured | creditors

Following reports of a series of printers being left with unsecured debts after the collapse of Derwent Howard Media, we're asking ‘Why do printers end up being hit with large unsecured debts?’

Scroll down to find the poll on the right-hand side of the page, and have your say!

 

Last time, we asked: Will a united Canon and Océ be good for the industry?

 

The results were:

51% Yes. Their product range is complementary.

20%: Yes. Consolidation is the only way companies can survive the current climate.

11%: No. Each manufacturer's customers will experience less-focused customer service and support.

11%: No. It will make the digital kit market less competitive.

7%: Yes. There are too many manufacturers already, the market is overcrowded.



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Comments: 2
Industry landed with unsecured debts! I wonder why? Too much of a wish to feed the press. Not prepared to listen to others who have experienced collection problems from a particular client. Remember Print Industries Credits? No body used it and as a result it has gone. Anyone caught with large unsecured debts can probably only blame themselves for their plight. Join the PIAA and lobby for them to reimplement Printing Industry Credits. Then be prepared to use it properly.
Proprint Magazine - comments icon Posted by KayemNov 27, 2009 3:06 PM
If anyone who considers themself a 'print professional' doesnt click the 2nd option, they should get out of the game now. If printers are being held hostage to customers that demand cheap prices and payment in more than 30 days, you're better off cutting your losses and getting out, because its a matter of time before you're out of business yourself. If you click Option 3 you probably work for Geon or Bluestar anyway, and don't appreciate the value of what you are producing. If you click option 4, you're probably too jaded to care....
Proprint Magazine - comments icon Posted by Inky McFeeNov 27, 2009 3:24 PM
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