Subsidized Hp Printers Only With Locked in Hp Print Supplies

HP is one of the major players in the world of printers and print supplies. High quality printers are sold by the company at low prices. This HP printer support to the customers comes with the expectation that they will use print supplies made by the company. In fact, the bulk of the revenues for HP are generated through the sale of print supplies. Now the company has hinted a shift towards managed print business model that will make sure customers get printers at subsidized rates only if they fulfill their print supplies through the company.

This business plan was disclosed by the executives of HP last week. According to this plan, HP printers at low prices will only be made available only if the customer agrees to purchase print supplies through HP partners. Customers not agreeing to this plan and using supplies form third party vendors will have to pay more for the same printers.

This move by HP is being seen as a response to a decrease in its print supplies business. By signing a contract with the customers where they buy their supplies through locked in brands, HP is ensuring a boost to its supplies business. HP is a company that has a long history of working with its loyal partners. It has also realized that its end users are looking at not just fast and reliable printers but also efficient services when it comes to print supplies and software solutions. These are the customers who also have concerns about their security. For them, paying a little extra for print supplies is not a big issue provided all their concerns regarding software and security are addressed.

In a sense, a contractual print service is a move from HP that is justified when one looks at the prices at which the company makes available its high quality printers to its customers. There is no other company that comes even close in terms of HP printer support to its customers. Of late, HP has been facing a stiff competition from third party suppliers and vendors that are selling print supplies at a fraction of a price charged by HP. This has led to a staggering drop in the print supplies business of the company, forcing it to reevaluate and introduce a new marketing strategy that serves its interests.

In a related move, HP is planning to phase out discounts on its printers that can be used with supplies from third parties. In future, company will focus upon only those printer models that are capable of working with HP print supplies.

While there are many experts who believe this move towards contractual print supplies will give a dent to the sales figures of HP printers, there are also experts who say such a move will help in boosting loyalty among HP customers. This move by HP is not going to be implemented in a week or a month. It is a long drawn out strategy that will take effect over a number of years.

more information: Wells Fargo Login

Comments

Visa and Quickbooks Enable Fast Access to Money for Business Owners

A vast majority of small and medium scale business owners are seen lamenting about the slow speed of money processing. They say that the time it takes for the money to be processed and show in their bank accounts is too long after a customer has made the payment. Slow money processing has an adverse impact on the cash flow of the business. Quickbooks support has now made a difference to this situation by giving a faster, almost real time access to cash to the business owner after receiving payment from a customer. The new feature introduced by Quickbooks is called Instant Deposit and it makes available cash instantly to the business owner almost at the same time when a payment has been made by a customer. These business owners can access this money using their Visa debit cards to improve their cash flow situation. To be able to use this facility, all that Quickbooks users have to do is to integrate Visa Direct capabilities into the new feature announced by the company...

Apple’s Iphones Selling in Large Numbers in China Again

In December 2018, Apple CEO Tim Cook was a worried man because of falling sales of iPhones in China, one of the most important markets for the company. In fact, he wrote a letter to the investors to be prepared for lower sales in the holiday quarter because of dropping iPhone sales in the Chinese market. It was the first time since 2002 that Apple CEO had to issue a warning to its stakeholders. Within a year, situation has reversed and sales of iPhones are increasing in China. In fact, 18% more iPhones were sold in China in December 2019 than in December 2018. This tremendous iPhone support from Chinese people has investors smiling again. This performance of iPhones is even better than what was predicted by WSJ. In December 2019, Apple shipped half a million iPhones more than in December 2018. This jump in the sales of iPhones in China was reflected in the increasing stock prices of Apple on the stock market. There can be no two opinions about the fact that China is a...

Vulnerability Issues Found in All Mcafee Antivirus Products

McAfee antivirus is regarded as one of the most effective internet security suites and used by millions of individuals in their computers. However, researchers have found a security big in all editions of McAfee antivirus that can be used by hackers to harm the systems of the victims. The fact that no denial has come forward from McAfee antivirus support team confirms the serious nature of this security bug. Cyber security team of researchers at SafeBreah Labs shocked the world on Tuesday when it said that defense mechanisms of McAfee antivirus products can be bypassed by a security bug called CVE-2019-3648. Once the system’s security has been compromised, it becomes easy for hackers to carry out further attacks to take control of the system. Realizing the gravity of the situation, developers at McAfee swung into action and released a patch to fix this security bug. This security flaw was brought to the notice of researchers at McAfee in August 2019. It was clear that...

EthanGamer : gaming

Search This Blog