A market study of colour printers

The printer producing market appears to be a booming one. Manufacturers are no doubt eyeing growth and returning up with newer product to capture the burgeoning market. The makers are fascinated by the colour -printer sector for purely reasons of expansion. There’s stiff competition between the manufacturers as all are concentrating to stay the prices low to capture the market. It must be said here that while in the monochrome department Hewlett-Packard co. are the market leaders, the reigning company in the colour phase still remains undecided.

However the future of the colour printer market is speculated to be a bright one according to those investing in these companies. The investors are a lot of optimistic, as these printers, using four times the toner cyan, magenta, yellow, and black of a monochrome printer, will turn out photos of a much higher quality. The market, currently a billion dollar industry, will increase manifold.

Adding on to its product vary, printing big Lexmark introduced its c52x series, that included the c524n last June. Earlier there was a large gap in its color line up-there was merely the low- finish c510 with a capacity of printing about 8 color and 30 monochrome footage during a single minute which wasn’t all that fast. There conjointly existed, side-by-side, the high-end c762 that, though having a better speed, was much more expensive, thereby troublesome to afford for the smaller offices and home users. As there was no alternative product catering to the stress of the users the competitors of Lexmark had a footing over it.

The introduction of Lexmark’s c524n however changed things.
They introduced this product with a terribly low price vary, thereby making it affordable. Giving a dpi resolution of 1200*1200, this network ready colour laser printer has an excellent colour output and can print up to twenty pages per minute. The terribly first page could be printed in as little as 13seconds. The model includes a monthly most duty cycle of 65000 pages, that is kind of impressive. The new c524 also reduces the time taken by print jobs considerably as it’s a 437.5MHz processor and 128Mbytes of memory. The memory will be expanded up to 576, that decreases the waiting time taken for print jobs. Moreover, colour care technology and Lexmark coverage estimator facilitate in managing the cost concerned in using colour toner. The model, weighing fifty seven pounds, is 17.3 inches wide, nineteen inches high and 20.a pair of deep.  With the model also comes a CD consisting of the user guide and the printer software, a power cable, a paper exit extension tray, founded sheet and toner cartridges for cyan, yellow, magenta and black. The merchandise incorporates a one-year warranty amount for on site repair.

It goes without saying that that outsourcing of IT and shopper electronic products lower producing prices of the merchandise, that helps lower the prices of the produced good. The query is how low should the producers keep their profit margins in order to stay within the race in today’s color printing market?

This analysis lab examined the c524n at a product volume of 1,20,000 units beneath the idea {that the} model was created in china. An analysis was made of the procurement prices of commodity parts, producing costs of fabricated elements and placement labour rates. The production cost was estimated to be around £265 / unit. The price distribution showed the value of the printer mechanism and its assembly to be concerning £51. The electronics and assembly account for £60. Other prices included laser power provide, consumables assembly, fuser assembly, paper assembly, control panel assembly electronics assembly, final arrangements, etc.

At the time of launching the merchandise, the product was supposed to be priced at £390. However, Lexmark priced the merchandise at virtually [*fr1] of the originally meant price at some places. To maximise its revenue, the corporate in a very clever move, outfitted the toner with completely different toner cartridges. The toner content was increased or decreased consistent with the budget of the customer. The additional expensive models containing a lot of toner catered to the strain of the enterprise section whereas the lower priced models with low yield cartridges were ideal for tiny offices and conjointly home users.

The product, being suitably priced, was a great success, perfectly fitted to meet the needs of the patrons and the makers and compete with its competitors in the lucrative color printer market. Lexmark claimed the print quality was Photorealistic. On account of its chemically processed, spherical toner delivering a 1200*1200 dpi resolution and conjointly as a result of the new print head four lasers in one unit with a mirror. The machine enabled Lexmark to take on the enterprise market with their competitors, particularly Hewlett-Packard.

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