What were the reasons behind Xeroxs re-branding?
With the growth of our business in the last seven years and especially in
the last two years, re-branding was essential since Xerox is an iconic brand.
And with re-branding we are no longer a copier company and are more involved
with printing solutions.
What is the scope of digital printing in India?
The overall Indian printer market is growing at 12.2% and is expected to
grow to $1.7 bn by 2010. Within the overall digital printing market, which is
presently only 4% of the overall printing market, it is projected to grow to 8%
in 2010. The applications in this segment are to a large extent dependent on
creativity. Digital printing is a boon if one needs quick printing since offsets
takes at least a day while on the other hand digital printing can be done in a
matter of few seconds. It is also useful if you require short run lengths. For
instance, if you need to print 100 copies of a book, you do not need to go in
for offset printing, instead digital printing will suffice.
Which are the verticals where digital printing can be used?
Earlier people used to first print books and then sell them; now the trend
has been reversed. The actual printing cost is 1/6 of the overall printing cost
including storage and logistics cost. So if you only print what you need, you
can save on the distribution cost and inventory costs.
The verticals that are increasingly using digital printing include telecom,
insurance, and banking. And soon retail too is going to adopt digital printing
in a big way.
What will be your strategy for tapping the digital printing market?
This market needs awareness and education for popularizing the use of
digital printing. As we know that market equipments are mostly purchased by
corporates instead of printers, which incidentally are family-run businesses. We
have a three-pronged plan for tapping this growing market. Firstly, we approach
the printers and explain to them what can be done with digital printing.
Secondly, we explain to corporates the benefits of digital printing depending on
the vertical they are in. We also approach the advertising fraternity since they
are the ones who decide on the sort of campaign and brochures required.
We are planning to venture in tier-2 cities by expanding our channel network. As
of now we have thirty channel partners and we are planning to increase the
number to forty-five by the year-end.
Stuti Das
stutid@cybermedia.co.in