Wide Format Opportunities

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    Notes on slide 1

    The business isn’t gone, it’s just different business.

    Different departments have different needs. The standard small format MFP or copier won’t meet the requirements of all departments. In order for the organization to run smoothly and efficiently, a Wide Format MFP may be required.

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    Wide Format Opportunities - Presentation Transcript

    1. Wide Format Increase Sales Opportunities with Wide Format Products Progressive Webinars
    2. Increase Sale Opportunities with Wide Format Products
      • Before we discuss today’s opportunities with Wide Format Products, let’s take a look at the past and see how the Small Format and Wide Format sales channels have evolved…
      Progressive Webinars
    3. Although the two markets share the same fundamental technologies, the WF and SF markets used to be very separate markets.
      • Software – Poor cross market compatibility.
      • Differences in Product Sales Channels
      • Need for Seamless Solutions for the Enterprise.
      SF vs. WF Markets Progressive Webinars
    4. Software
      • SF Document Management application viewers did not work well for engineering documents.
      • Document viewers could not handle CAD file formats or the large pixel count of Wide Format image files.
      • Lack of support for Drawing “Redlining” or design collaboration.
      Progressive Webinars
    5. Software
      • Software could not provide EDM workflow requirements such as engineering change orders (ECO’s), drawing revisions, check-in/check-out procedures and image acquisition.
      • Conversely - Wide Format Document Management software applications could not adequately address the requirements for small format documents.
      Progressive Webinars
    6. BACK to the Future..
      • Today, we have many software applications that can address the requirements of both markets.
      Progressive Webinars
    7. Difference in the Channels
      • There has been a definite distinction between the SF and WF Dealer Channels.
      • Wide Format products have traditionally been supplied through dealer channels such as Reprographics, CAD and Engineering Supply companies.
      Progressive Webinars
      • Small Format products have traditionally been supplied through Document Imaging VAR’s and the Office Copier Dealer/Direct channels.
      • There has been a persistent tendency for companies to focus on their own traditional ( familiar ) market due to their established business model, and a lack of knowledge and experience with the opposite market.
      Difference in the Channels Progressive Webinars
      • Many companies adopted “departmental” solutions i.e. for accounting, engineering, facilities, personnel or general office that were sourced through seperate suppliers that focused on either the SF or WF markets.
      • Today there is a growing desire from the dealer community to expand their business opportunities beyond their traditional boundaries.
      • Seamless Solutions for the Enterprise
      BACK to the Future.. Progressive Webinars
    8. Converging Markets
      • Today, solutions need to meet the demands of the corporate enterprise.
      • Increasingly, customers are seeking suppliers that can offer a broader range of solutions that address the capture, storage, management, distribution and printing of a wide variety of documents –large and small.
      Progressive Webinars
      • There has always been a desire for the dealers serving each market to “crossover” to the other market. In the past we’ve seen this done in more of an opportunistic way.
      • Dealers were reluctant to make a full commitment to make Wide Format products an integral part of their business model.
      Converging Markets Progressive Webinars
      • Today we see an increasing desire from dealers that traditionally service the SF market to expand their business through the sale of Wide Format products and solutions. Why?
      • Competition has increased
      • Margins have fallen.
      • Dealers are looking for incremental growth.
      • Customers are looking for integrated “Cross Market Solutions”.
      BACK to the Future.. Progressive Webinars
    9. What are the Opportunities?
      • Wide Format Scanners?
      • Wide Format Printers?
      • Scan, Copy and Print Software?
      • All of the Above?
      Progressive Webinars
    10. Market Trends
      • We’ve seen a trend over the years - moving from the use of stand-alone devices such as Wide Format scanners and printers to a more integrated solution. Instead of a device being dedicated to creating an image file or producing a hard copy, customers want to scan to a file, print from a file and make copies.
      Progressive Webinars
    11. Market Trends
      • Seeing this trend Paradigm Imaging introduced a line of Wide Format “single footprint” color multifunction systems at the beginning of 2007.
      • Prior to 2007 100 percent of unit sales were stand-alone WF scanner and printers.
      • By the end of 2007 38% of unit sales were WF MFP’s
      • This represents an opportunity for Dealers!
      Progressive Webinars
    12. A New World
      • The current economy presents new opportunity
        • Customers seek new ways to economize
        • Large companies downsize and consolidate locations
        • Multiple departments and divisions in one office
          • Engineering
          • Facilities
          • Design
          • Graphics
      Progressive Webinars
    13. New Opportunities
      • New equipment needs for diverse departments
        • Engineering
          • Plans, drawings, renderings
        • Facilities
          • Blueprints, office layouts, documents
        • Design
          • CAD drawings, product sketches
        • Graphics
          • Posters, photos, signage
      Progressive Webinars
    14. Harvesting Opportunities
      • Within your existing customer base there may be a wealth sales opportunities right in front of you.
          • Look beyond traditional small format users -accounting, business admin.
      • Who’s there?
          • What other departments – Engineering, Facilities, Graphics, Marketing.
      Progressive Webinars
    15. New Needs
      • More for less – companies have re-evaluated goals and have new priorities:
      • Economic Considerations
          • Fit within the budget without sacrificing quality and function
      • Ease of Use
          • Software needs to be user-friendly so that anyone can operate the system quickly and easily
      • Versatility
          • Various departments can use the same system
          • Single footprint (space-saving)
          • Reduced office space requires a more compact solution
      Progressive Webinars
    16. Service adds Revenue
      • Increased placement of wide format equipment creates a need for service
        • Wide Format scanners are inherently trouble-free
          • Very few moving parts (rollers, motor)
          • Few consumables (glass)
        • Many Wide Format manufacturers offer up to 3 years of parts support
        • Extensive tech training programs are available
      Progressive Webinars
    17. Service (cont’d)
        • Although Wide Format scanners are viewed as being similar to printers, they require significantly less service
        • Preventive maintenance is simple – only requires calibration
        • Annual service contracts for wide format equipment are generally about 15% of equipment MSRP
          • On a $15,000 piece of equipment, that’s a $2,250 contract
      Progressive Webinars
    18. Why Wide Format?
      • Traditional copier channels can increase offerings (and profits) by including wide (large) format solutions
        • Wide format solutions have moved towards being the rule instead of the exception for many offices as workflow needs change
        • Consolidation and restructuring of companies creates new opportunities for wide format systems within existing accounts
        • Additional revenues can be gained by servicing wide format equipment
      Progressive Webinars

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