PGAMA eNews

Issue: October 22, 2009


Holiday Survey Results
What are your competitors doing for the holidays this year? PGAMA's annual Holiday Practices survey has the answers...
FREE Member Benefit-New Practice Guide
Printing Industries of America, NPES and NAPL worked together to create an updated edition of the Best Business Practice Guidelines for Terms and Conditions of Sales...
Profit Opportunity: Paper Spoilage
Many printers build the cost of paper spoilage into their budgets, but spoilage is a great target for cutting costs and rescuing profits...
Green Energy Funding for MD
Maryland is getting $51 million in federal stimulus money to invest in energy programs...
Sales Tip of the Week
Linda Bishop of ThoughtTransformation calculates how many hours of selling it takes to get a job...
Winning the Name Game
In business it’s essential to remember a contact’s name. Here are 5 easy tricks to help you have total recall...
Members in the News
More press for MOSAIC...
Upcoming Events


Cocktails & Connections:
FREE Happy Hour November 3
Meet us at Franklin's in Hyattsville for this strictly social gathering to network with others in the industry. You never know who you’ll meet...and how they could benefit your business! FREE for PGAMA Members! RSVP to PGAMA by October 28th, 410-319-0900 or 877-319-0906. Space Limited to 100 so RSVP EARLY! Sponsored by Hewlett-Packard and Coleman One.

Prepare for the Future of Print
at 2009 Converge Conference
The successful printing company of tomorrow will integrate conventional print, digital reproduction, web technology, mailing services, personalized cross media campaigns, and much more. Attend the Converge Conference to find out how to re-invent your company into a dynamic new business. Full details and registration at http://converge.printing.org/Default.aspx



Holiday Survey Results

What are your competitors doing for the holidays this year? Is the economy affecting many companies' plans? PGAMA's annual Holiday Operating Plans survey has the answers. This year 54 members participated in the survey, as compared to 90 members who completed the 2008 edition. Of course the majority of respondents will be closed with pay on Thanksgiving Day, Christmas Day, and New Year's Day; it's those in-between days that vary. The results for those varying days follow.

 

Closed
Paid

ClosedUnpaid

Closed 1/2 day Paid
Closed 1/2 day
Unpaid
Other
Day After Thanksgiving
51.9%
13%
Christmas Eve
39.6%
1.9%
39.6%
18.9%
New Year's Eve
24%
2%
36%
38%

The 2008 edition of the Holiday Practices survey was sent after Thanksgiving, so it did not include Thanksgiving practices as a question. Compared to 2007, though, the number of employers who were closed and paid the day after Thanksgiving dropped from since then, when it was 68.5%. The converse was true for Christmas Eve as a paid holiday. The increase in employers giving a paid full day off may be due to the fact that Christmas falls on a Friday this year. In 2008, 34.5% of respondents offered the Eve as a paid half-day, while 18.4% gave the full day with pay. Likewise, paid time off for New Year's Eve increased this year. NYE was a paid full day off for just 10.6% of respondents last year, versus 23.4% of respondents in 2007. It was a half day with pay for 24.5% of companies in 2007 and 21.2% last year.

And speaking of holidays...
Stock up now on champagne for your holiday celebrations! Champagne producers in France agreed to pick a third fewer grapes this year as part of a plan to slash the number of bottles produced in 2009 by 44 percent. Global champagne sales are expected to fall by almost 20 percent this year from their 2007 high as consumers trade down to cheaper wines, and champagne makers are determined not to be forced to unload their premium product at bargain prices.

 

FREE Member Benefit-New Best Practice Guide

Printing Industries of America, NPES and NAPL worked together to create an updated edition of the Best Business Practice Guidelines for Terms and Conditions of Sales. This publication is intended solely as a guideline for use in various business situations and in communications with customers and suppliers. The information it contains replaces the previous edition of "best practice guidelines" and is not intended to be legally binding, but rather, is offered for use in client and supplier communications as determined by each supplier. This revision focuses on Terms and Conditions of sale including quotations, orders, delivery, production schedules, and other issues. Download the PDF "2009 Best Business Practices" from the Members Only section of www.pgama.com under the Industry Forms, Guides & Fact Sheets. (Member login required.)

 

Profit Opportunity: Paper Spoilage

Many printers build the cost of paper spoilage into their budgets since issues like makeready, operator error, and paper problems are ongoing. Once upon a time that may have made sense, but nowadays shorter runs have increased the spoilage percentage. That makes spoilage a great target for cutting costs and rescuing profits. Paper is the largest single expense for the average print business--typically 35% of total costs. That means even a 10 percent reduction in the amount of paper spoiled could seriously boost your bottom line with a profit increase of 3.5 percent. In normal times, that would almost double the profit for an average firm! The really great part about this is that no one will object to cutting spoilage. In fact, for most employees, spoilage actually makes their jobs more difficult, so they are happy to minimize or eliminate it.

 

Green Energy Funding for MD

Maryland is getting $51 million in federal stimulus money to invest in energy programs, the governor's office announced. The money will be used to retrofit low and moderate-income family homes and to provide grants and low-interest loans for energy improvements and workforce training in energy methods.


Sales Tip of the Week

This week's sales tip comes from consultant Linda Bishop of ThoughtTransformation, who offers a simple equation to figure out how many hours of selling it takes to get a job from a new customer. A former print sales executive with 17 years of experience in the industry, Linda is a knowledgeable source of advice and has been well-received at several PGAMA events. Linda's formula is:

2 hours to find qualified leads.
3 hours to dial 50 times for first appointment.
2 hours for research, driving and making calls
3 hours for calls and emails 20 times for four additional appointments.
8 hours to drive and conduct four additional appointments.
6 hours to secure five quotes to win one job.

__________The Bottom Line Is It Takes____________________________________
24 hours to get one new customer

 

Winning the Name Game

In business it’s essential to remember a contact’s name. Often we can recognize a face, but the name slips through the cracks. Here are 5 easy tricks to help you have total recall and keep connected with the people you need to know:

1. When introduced, give your full attention to the person.
2. Use their name at least twice in the first 60 seconds of conversation, such as, “So, what do you do for a living Jim?” and “Do you have any kids, Jim?”
3. For difficult names, ask the person to spell it.
4. Use a “visual” to capture the name. Picture how they have written the moniker on their name tag, or relate their name to an image like barbed wire for Barbara.
5. Introduce the person to someone else to reinforce your memory.
This article excerpted from a feature by Maria Duron in SmartBrief on Workforce.

 

Members in the News

We congratulated MOSAIC in last week's eNews for their listing as one of the EPA's new Top 20 Printers of green power purchasers in the commercial printing business. The firm was also recognized for the accomplishment in a feature story of the October 16-22, 2009 Washington Business Journal. The company purchases 2,846,520 kWh (Kilowatt-hours) of wind power annually, which is enough green power to meet 100% of their usage needs.

 

Upcoming Events
October 30 Special Event: ASI Advantages Roadshow, 9:00am-1:00pm at BWI Marriott (1743 W. Nursery Road, Baltimore, MD 21090.) The Advantages Roadshow is a sales-building experience like no other. Enjoy one-on-one conversations with leading companies, attend FREE educational seminars, and find hot new items to show your clients. *BONUS* PGAMA members are invited to a special briefing on ASI services! Call Paul at PGAMA for info. To learn more about the Roadshow, visit www.advantagesroadshow.com.
November 3 Webinar: The Principles of Social Media, Noon-1:00pm. Tune in to the first of five broadcasts (Tuesdays, Nov 3-Dec 1) in the Social Media Webinar series focusing on using social media to communicate. Learn the unwritten rules of engagement for using Twitter, LinkedIn, Facebook and blogs. Cost is $55 per webinar per connection or $250 for the entire series. Register online at http://www.pine.org/Education/webinar_social_series.html#principles
November 3 Special Event: Cocktails & Connections Happy Hour 5:30-7:30pm at Franklin's Restaurant in Hyattsville, MD (5123 Baltimore Avenue, 20781.) Join us for another strictly social gathering! No speakers. No agenda. Just the chance to get to know others in our industry. You never know who you’ll meet...and how they could benefit your business! FREE for PGAMA Members, $20 for Non-Members (Includes drinks & hors d’oeuvres.) You Must RSVP to Attend! Call PGAMA by October 28th, 410-319-0900/877-319-0906 Or online at www.pgama.com. Space Limited to 100 so RSVP EARLY! Sponsored by Hewlett-Packard and Coleman One.
November 8-10 Special Event: 2009 Converge Conference, at the spectacular new Hilton Bonnet Creek in Orlando. This event is a must-attend for any service provider looking to grow and prosper in these challenged economic times of the new information age. Learn more about the conference, resort and transportation deals, plus register to attend at http://converge.printing.org/Default.aspx.
November 10 Webinar: How and Why to Blog: , Noon-1:00pm. This is the second of five broadcasts (Tuesdays, Nov 3-Dec 1) in the Social Media Webinar series, and focuses on blogging. Learn how to set up, maintain, and use this incredibly easy method to release timely information to an audience of readers already interested in what you and your organization offer. Cost is $55 per webinar per connection. Register online at http://www.pine.org/Education/webinar_social_series.html#principles
November 18 Member Seminar & Vendor Expo: Its OK to Print, 9:00am-4:00pm at PGAMA (9685 Gerwig Lane, Columbia, MD 21046). Attend this seminar and learn how to affordably promote and expand your sustainable efforts. Attendees will walk away better prepared to market their “green” processes and practices—including getting listed on the Maryland Green Registry—and informed about other fast, easy, and budget-conscious things that can be done to protect the planet AND boost a bottom line. Cost is $30 per person and includes lunch. Call PGAMA to register, 410-319-0900 or sign up online at www.pgama.com.
Check http://www.pgama.com for the latest industry news and event photos.
To view back issues of eNews, go to http://www.pgama.com/index/enews_archive.php
Forward this email to a friend

PGAMA
9685 Gerwig Lane / Columbia, MD 21046
Phone: 410-319-0900 Fax: 410-319-0905

Remove me from enews