{"id":96774,"date":"2020-12-26T06:45:00","date_gmt":"2020-12-26T06:45:00","guid":{"rendered":"https:\/\/icrowdnewswire.com\/?p=2782176"},"modified":"2020-12-26T06:45:00","modified_gmt":"2020-12-26T06:45:00","slug":"understanding-the-math-behind-replacement-printer-ink-and-cartridges","status":"publish","type":"post","link":"https:\/\/ipsnews.net\/business\/2020\/12\/26\/understanding-the-math-behind-replacement-printer-ink-and-cartridges\/","title":{"rendered":"Understanding the math behind replacement printer ink and cartridges"},"content":{"rendered":"

iCrowdNewswire <\/strong>  Dec 25, 2020  3:45 PM ET<\/span><\/p>\n

Remember the days when a personal printer cost upwards of AU$1,000, but you could buy ink cartridges and replacement ink refills for under AU$25? And, the manufacturer would even throw in a spare set of ink cartridges \u2013 in addition to the one already installed inside your new printer! Those days are long gone. Printer manufacturers figured out a way to reverse the value proposition: Sell printers cheap\u2026but ding the customer on replacement ink.<\/p>\n

Here\u2019s how it works.<\/p>\n

Doing some math<\/strong><\/p>\n

So, let\u2019s see how this whole \u201cvalue for money\u201d thing works out in the long-term. For the purpose of this math exercise, we\u2019ll use the example of a Cannon printer and associated Canon printer ink cartridges<\/a><\/strong>.<\/p>\n

Let\u2019s say you are a small business owner, or even an independent consultant working from home, and are looking to buy a printer. You do your research and settle on a Cannon printer \u2013 let\u2019s say it\u2019s a Canon MAXIFY MB5560 Multifunction Colour InkJet printer<\/p>\n

\"Cannon<\/p>\n

The one you\u2019ve chosen has all the features you want \u2013 and the pricing isn\u2019t bad either: At AU$213.16, some might say it\u2019s a steal. And they might be right \u2013 because someone is about to steal from your wallet! But to uncover the \u201ccrime\u201d, you\u2019ll first need to do some more math.<\/p>\n

The printer uses 4 cartridges, with different standard page yields (Black = 1000 pages; Cyan = 700; Magenta = 700; Yellow = 700), producing an average print yield of 775 pages. If you are a typical busy business\/professional user, you\u2019d probably end up requiring a new set of cartridges every three or four months \u2013 if not sooner. So, how does the Canon printer ink<\/a><\/strong> math work out for you?<\/p>\n

\"Cannon<\/p>\n

Well, if you fall for the \u201cgenuine\u201d spin, and buy a set of Canon ink cartridges from a typical computer store, chances are that (at AU$111.76 a pop) you\u2019d have paid more for replacement ink in less than a year than you paid for the printer. Now isn\u2019t that a steal!<\/p>\n

Big payoffs for printer makers!<\/strong><\/p>\n

There\u2019s no doubt that the ingenious strategy of \u201ccheap printers and expensive ink\u201d pays off \u2013 big time!  But for printer manufacturers. The manufacturers know that once you\u2019ve purchased their devices, you\u2019ll likely use them for at least 5-years or more. So, what\u2019s in it for them? Well, in the case of the simple example of the Canon MAXIFY MB5560, in 5-years of use, you\u2019ll pay AU$1,005.84 ($111.76 x 9 because you get the first set of ink cartridges for free) for replacement ink.<\/p>\n

Now, for the math reveal!<\/p>\n

Original investment: AU$213.16. Replacement cartridges: AU$1,005.84. That\u2019s a 372% rate of return for Cannon over a 5-year \u201cwaiting\u201d period. But, when you add the original outlay (AU$213.16) to the mix, consumers pay much more than 372% to the company. It\u2019s no wonder then, that consumers and business partners are suing large printer manufacturers like Canon<\/a> and HP<\/a> for unfair business practices around forced use of their proprietary ink cartridges.<\/p>\n

Taking a stand<\/strong><\/p>\n

The best way to make the printer ink math tilt to your favor is by buying your replacement printer ink online<\/a><\/strong>. Depending on the brand of printer you use (Canon, HP, Lexmark, Panasonic) and the type of cartridges you buy, making the switch online might potentially save you upwards of 40% of your replacement ink costs.<\/p>\n

Now that\u2019s a real steal \u2013 for you, the little guy\u2026not the Big Guys!<\/p>\n

\n

Also Read:<\/h4>\n<\/p>\n<\/div>\n
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\"iCrowdNewswire\"<\/a> <\/div>\n

<\/p>\n

The post Understanding the math behind replacement printer ink and cartridges<\/a> appeared first on Financial Market Brief<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

iCrowdNewswire   Dec 25, 2020  3:45 PM ET Remember the days when a personal printer cost upwards of AU$1,000, but you could buy ink cartridges and replacement ink refills for under AU$25? And, the manufacturer would even throw in a spare set of ink cartridges – in addition to the one already installed inside your new printer! […]<\/p>\n

The post Understanding the math behind replacement printer ink and cartridges<\/a> appeared first on Financial Market Brief<\/a>.<\/p>\n

Continue Reading →<\/span><\/a><\/p>\n","protected":false},"author":249,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[],"class_list":["post-96774","post","type-post","status-publish","format-standard","hentry","category-press-release"],"yoast_head":"\nUnderstanding the math behind replacement printer ink and cartridges - Business<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"http:\/\/ipsnews.net\/business\/2020\/12\/26\/understanding-the-math-behind-replacement-printer-ink-and-cartridges\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Understanding the math behind replacement printer ink and cartridges - Business\" \/>\n<meta property=\"og:description\" content=\"iCrowdNewswire   Dec 25, 2020  3:45 PM ET Remember the days when a personal printer cost upwards of AU$1,000, but you could buy ink cartridges and replacement ink refills for under AU$25? 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