PGAMA eNews

Issue: February 4, 2010


FREE Marketing Material Available
The Print Council has released a new 24-page marketing brochure for member use that demonstrates the effectiveness of print communications...
Report to Give Two-Year Forecast
Dr. Ron Davis, Chief Economist for Printing Industries of America, is working on a new economic report that will provide forecast information for the next two years...
Think 'Value Added' to Build Profit
Want to know the secret to building profits? It's not more sales, it's...
What's Your Hit Ratio?
"Hit Ratio" is the percentage of quotes on jobs that turn into actual orders, and it's one of the most useful numbers for running your business...
Tech Tip of the Week: Fire Prevention
Rick Hartwig, Printing Industries of America Manager for Environmental, Health & Safety Affairs, says that OSHA is out in force to address fire and explosion hazards...
Member Anniversaries
Look who's celebrating 30 years as an Association member...
Member News
More members listed on Maryland Green Registry; Directmail.com announces patent; Sir Speedy expands...
Upcoming Events


TICKETS FOR GALA NOW ON SALE
Tickets for the 2010 Excellence in Print Awards Gala are now on sale. The event will be held March 24 at Martin's Crosswinds in Greenbelt, MD. Don't miss this celebration of printing, and wonderful opportunity to network with other industry professionals. Tables of 10 are $600/or $65 for individual tickets. Call PGAMA (410-319-0900/877-319-0906) to reserve seats, or email Carol@pgama.com.

SPONSORSHIP OPPORTUNITY
Want to associate your company name with the terms "excellence," "quality" and "excitement?" Then be a sponsor of the Excellent in Print Awards! Sponsorship is open at levels from $250-$1,000, and is a great promotional tool--your company is featured in all event publicity! Current sponsors include (Special Sponsors) K&W finishing, inc. and Prisco; (Gold) Kline Paper Mill; and (Silver) Margolis Becker and xpedx. Contact Carol at the office for more info, 410-319-0900.



FREE Marketing Material for Members

The Print Council has released a new 24-page marketing brochure for member use that demonstrates the effectiveness of print communications. "Why Print? The Top 10 Ways Print Helps You Prosper" is the first in a series of materials The Print Council is producing to help influence media buyers' decisions about the value of print. Download the brochure from http://www.theprintcouncil.org/whyPrint.htm and use it in conjunction with your firm's other promotional materials when reaching out to new and current clients. For those of you who just can't wait, here's a peek at the Top 10 list:


*Print is portable*
*Print is personal*
* Print is interactive*
*Print is credible*
*Print plays well with others*

 

Report to Give Two-Year Forecast

Dr. Ron Davis, Chief Economist for Printing Industries of America, is working on a new economic report that will provide forecast information for the next two years. Entitled "Mapping the Economy and Print Markets in 2010-2011," the report will base the forecast on an analysis of economic and print market trends over the past year. Members interested in reserving a copy of this FREE report can contact Dr. Davis via email to rdavis@printing.org.



Think 'Value Added' to Build Profit

Want to know the secret to building profits? It's not more sales, it's value added dollars (sales price minus cost of materials.) As a business owner, you control this equation, so you need to equate the value of your services with a dollar amount above and beyond costs. Anything you sell will add to your total income, and that's what you need to meet the payroll, pay the rent, cover equipment leases. But you get the biggest percentage of profit from value added service on jobs produced in-house. Understanding this difference is central to your success, and so important, your sales reps should be compensated on value added sales rather than gross sales. And the reality is, if you base your business plan on value added, you will be able to afford to pay them a higher commission rate.

 

What's Your Hit Ratio?

"Hit Ratio" is the percentage of quotes on jobs that turn into actual orders, and it's one of the most useful numbers for running your business. The number should be tracked by sales rep, by account size, and by the type of business. When reviewing the hit ratio, bear in mind that if you generated quotes from a random number table, you'd get 50% of orders because you'd be low half the time and high the rest. So if your hit ratio is below 30% there is a problem with your estimators and sales reps calculations. The object of the quoting process should be seen as getting orders, not getting a certain price.


Tech Tip of the Week: Fire Prevention

Rick Hartwig, Printing Industries of America Manager for Environmental, Health & Safety Affairs, says that OSHA is out in force to address fire and explosion hazards and to ensure that employers are complying with all regulations. Although fires are not common in our industry, they do occur, sometimes with catastrophic results. Keep YOUR employees and facility safe from fire by reviewing some of the following basic issues:

      • Ensure all employees are trained on proper fire prevention procedures
      • Always store and handle flammable and combustible materials properly
      • Maintain a clean and organized workplace (dust, paper scraps, spills, used rags, etc.)
      • Ensure appropriate fire extinguishers are available and charged
      • Ensure all emergency exits are identified, clear of obstructions, and in working order
      • Review current emergency evacuation procedures with all employees

 

Member Anniversaries

Congratulations to the following member companies, marking major anniversaries as Association members this month:

30 Years
Allegro Communications, Inc.

25 Years
Circle Graphics, Inc.

20 Years
A to Z Looseleaf, Inc.
Kohn Creative

15 Years
Cheerio Printing Company, Inc.
Mercury Publishing Services, Inc.

10 Years
Harbor Duvall Graphics, Inc.

5 Years
Advanced Color Graphics

 


Member News

Congrats to the latest PGAMA members to be listed on the Maryland Green Registry: General Envelope & Litho, Inc. and United Book Press.

DirectMail.com announces that GeoSoftworks, LLC, a firm in which DirectMail.com principals are the majority owners, recently received a patent on its GeoSelectorTM technology, a unique system and methodology for generating user-specified information from a map.

Sir Speedy, a franchised printing firm in Owings Mills, has purchased Franz Printing, a family-owned business for the past 60 years.

 


 

Upcoming Events
February 11 Webinar: Social Networking Primer for Printers-2:00-3:00pm. Cost is $99 for members/$199 for non-members. Sign up at www.printing.org
February 16

***90+ State Representatives are coming to this event...are you?
Sign up today!
MD Legislators’ Luncheon-11:30am-1:30pm at the Governor Calvert House (58 State Circle/Annapolis, MD 21401.) Make contact with the people who pass the laws impacting your business! Join other industry members for lunch and conversation and show your elected officials the impact our industry can have. Get the names and phone numbers of your State representatives by calling PGAMA or visiting PGAMA.com and clicking on the Legislative Action button. Input your address (business and/or personal) to get contact information, then call or email them with an invitation to stop by. Cost: No charge for the first two executives from a PGAMA member company. We are requesting a contribution of $40 to PIPAC for each additional attendee. Non-member cost is $75. RSVP to PGAMA (410-319-0900) or sign up online, www.pgama.com.
February 19 Educational Field Trip: Glatfelter Paper Mill Tour-During this interactive tour of the Glatfelter Pulp and Paper Mill, you will see how trees are used to create paper and a wide range of other products, plus learn how Glatfelter manages its environmental footprint with sustainable forestry and other measures. A chartered bus will pick up passengers at three Park ‘N Ride locations: College Park Interchange (7:30am); Rolling Road in Catonsville (8:15am); Warren Road in Cockeysville (9:00am). Tour begins at 10:15am. Box lunch on the bus following tour. Cost is $40 per person for members and guests of members; $50 for non-members. Sign up by February 5th on www.pgama.com or call 410-319-0900.
February 28-
March 4
Printing Industries of America Presidents' Conference, Scottsdale, AZ-2010 is the year to reinforce the foundation of your business. This year’s program was developed with the intention of helping industry leaders like you focus on the core elements of your business—those things that can help you remain stable, as well as increase profit margins. Topics to be addressed Include: Communicating the Value of Print * Methods for Cost Reduction * HR Issues * Economic Forecast * And much more! Complete info and registration at http://www.printing.org/page/3499.
March 15-17 National Environmental, Health and Safety Conference: Printing for A sustainable Future-at the Sheraton Indianapolis, Indianapolis, IN. The one conference for the graphic communications industry that intersects the needs of safety, environmental and human resources. Today's workplace requires multitasking -- and this conference provides you with the tools and information to accomplish this goal! Plan now to attend! More info and registration at http://www.nehsconference.org/nehs10_site/index.html.
March 24 Special Event: Excellence in Print Awards Gala, 5:30-9:30pm at Martin's Crosswinds in Greenbelt, MD. Come see the big winners of PGAMA's annual printing competition, plus enjoy the open bar, great food, and entertainment. An essential networking opportunity! TICKETS NOW ON SALE: $65 each/$600 for a table of 10. Call PGAMA to reserve seats, 410-310-0900.877-319-0900 or email Carol@pgama.com.
March 25 Production Club of Baltimore Paper Show, 5:30-8:30pm at Martin's West. See the latest innovations in paper, media, and all things production. Vendor space still available. Contact JoAnn at the Production Club of Baltimore. For more info visit http://productionclubofbaltimore.org/calendar.
Check http://www.pgama.com for the latest industry news and event photos.
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