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Ased sales during the second half of 2011. This is up sharply from only 15.8% of the industry reporting increases during the same period two years ago. There are many things that this growth can be attributed to, but the following are actions we feel play the biggest roles and will help spur continued growth. Focus on the client: The industry is changing and clients should be 3 informed of these changes. This must be done in a delicate fashion so as to not create market shock. With overhead in.
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Statistics show that the print industry will continue to expand for the foreseeable future. Printing in the US is projected to grow as a market by 1.6% (IBISWorld). As long as people need to communicate, and find new and novel ways to do so, print will remain an essential part of the marketing mix.
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While some of the restrictions may recede over time, others could have a long-lasting impact. In America, 25,000 companies are specialists in commercial printing. It generates approximately $900 billion in revenue annually. Hence, don't believe that "printing is dead." It is a hoax.
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Another digital printing trend that is likely to be introduced in 2023 is erasable printing technology. All contents showing on a piece of paper can easily be erased with this technology.
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The number of printing and allied industries establishments and the number of employees across all regions are currently declining, ing to The Future of Printer Demographics to 2028, a new report from Smithers.
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In a world where technology is constantly evolving and digital marketing is becoming more prevalent, it's easy to assume that traditional marketing methods, such as print, are becoming obsolete. But the truth is, print is far from dead in 2023.
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This decline is attributed to the increasing preference for digital media consumption and the efficiency of digital platforms in delivering content.
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Quocirca predicts that the rapidly transforming workplace and accelerating introduction of AI, automation, and collaboration tools will shape the print industry in 2024.
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It looks like rough going for the commercial printing industry in 2023, with labor shortages, cost inflation, supply chain disruptions continuing, and the American economy slowing appreciably.
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