Setting the Stage
The retail market for quick printing services has changed dramatically over the last ten years. First, the popularity and price of digital printing equipment has drastically lowered the barriers to entry – new competitors are popping up everywhere. Never mind that you have been in business for 20 years; you deliver an excellent product, on time; and you are intimately involved in the community. All of sudden Harry’s Print Shack opens two miles away, drops prices by 50%, and you see your customers rapidly siphoned away. Second, there is the emergence of competitors who have national reach with a local presence. Kinko’s was snapped up by Federal Express giving them the capital to expand faster and market even more aggressively in local markets.
