PRINT IS BIG
Print is an original technology and brought knowledge to the masses. Believe it or not, today print is one of the largest industries in the world. Print eclipses auto-manufacturing and is over 18 times bigger that video games. Not only is the print industry still growing worldwide, but technology and applications are certainly transforming as well. Business printing grows at 6.8% annually worldwide. $640 Billion is spent in the print industry each year, compared to the online advertising industry at just $47 Billion. Along with those figures, 45 Trillion pages are printed annually.
PRINT IS GREEN
The myth of print not being environmentally friendly has been very well promoted. The print industry is, in fact, environmentally friendly. It is also one of the most sustainable industries. The print industry makes wise investments in applying renewable energy sources. Their goal is to create environmentally friendly supplies. Only 11% of cut forest trees are used by the paper industry and there are more forests in the U.S. today than there were 50 years ago. In addition, spam email wastes 33 Billion kilowatt hours annually.
PRINT DRIVES COMMERCE
In the last decade, print has appreciated an awakening of increased conversion rates and marketing return on investment, unlike the digital marketing space that has just gotten noiser. A lot of consumers, like myself, appreciate getting a nice postcard, well-designed catalog, or personal thank you note in the mail today, and 3.5 Million jobs in the Unites States depend on advertising mail.
PRINT IS SOLD ONLINE
In the past few years many innovative companies have created impressive businesses combining the online world with the physical printed world. Some have even learned ways to tackle the cursory concept of social media in print form. Now, a large variety of companies are quickly moving online to keep up with their customers' 24/7 expectations and take advantage of the extended reach that the internet offers. In 2001 only 3% of print orders were being placed online. Compare that number to the 18% in 2011 and the projected 30% in 2014.
If you take one thing away from this blog post, just remember PRINT IS BIG!!
Until next time bloggers,
Kels :)