10.06.16
The most profitable printers in the United States showed a 23.03% return on net assets last year, according to the 2015-16 PIA Ratio Studies. Printing Industries Alliance members collectively received a 759% Return on Investment on their association expenses during this same time period. These figures were recently released as part of the Printing Industries Alliance “2015 Member ROI” report.
The report summarizes the real dollar savings achieved through a variety of association products and services utilized by the association’s active member companies during 2015. Printing Industries Alliance members saved over $2.3 million dollars in real dollar savings during the year. Individually, the average member achieved an ROI of 546% and saved $7,952 dollars over what they paid in dues and fees. Twenty-seven individual members participating in a variety of services were able to achieve ROI’s in excess of 1,000%.
In announcing publication of the “2015 Member ROI” report, Printing Industries Alliance president Tim Freeman says:
“Savvy business owners in our industry are weighing every business decision, large or small. All aspects of a purchase, be it equipment, supplies, services or an association membership must be analyzed to be sure that a significant ROI is achievable. Of course, every membership decision should also take into account the many intangible benefits that are also present within the organization. These include networking opportunities, fellowship with other printing executives, and support of association activities designed to strengthen the entire industry. However, bottom line, an organization, such as Printing Industries Alliance, must also demonstrate concrete, real dollar value to its membership. We think the numbers contained in our “2015 Membership ROI” report do just that.”
The report was conducted utilizing savings figures supplied by a variety of vendors who have partnered with Printing Industries Alliance to provide “Members Only” savings opportunities to association members. A wide ranging variety of Printing Industries Alliance service offerings go into the ROI calculations. The following are some services highlighted in the report, along with the total amount members saved through participation last year:
Legal Services- $250,000
Workers Compensation Insurance- $1,838,974
OSHA Training- $24,228
Group FSC Certification- $52,274
Credit Card Processing Fees- $25,435
Xerox discounts- $98,135
Printing Industries of America Services- $17,550
Commercial Collection Fees- $1,202
Experian Credit Reports- $788
The “2015 Member ROI” report is being sent to each PIA member along with a summary of their own ROI performance.
The report is also available by contacting Printing Industries Alliance at 716-691-3211 or via email at tfreeman@pialliance.org. The report can also be downloaded from the Printing Industries Alliance website.
The report summarizes the real dollar savings achieved through a variety of association products and services utilized by the association’s active member companies during 2015. Printing Industries Alliance members saved over $2.3 million dollars in real dollar savings during the year. Individually, the average member achieved an ROI of 546% and saved $7,952 dollars over what they paid in dues and fees. Twenty-seven individual members participating in a variety of services were able to achieve ROI’s in excess of 1,000%.
In announcing publication of the “2015 Member ROI” report, Printing Industries Alliance president Tim Freeman says:
“Savvy business owners in our industry are weighing every business decision, large or small. All aspects of a purchase, be it equipment, supplies, services or an association membership must be analyzed to be sure that a significant ROI is achievable. Of course, every membership decision should also take into account the many intangible benefits that are also present within the organization. These include networking opportunities, fellowship with other printing executives, and support of association activities designed to strengthen the entire industry. However, bottom line, an organization, such as Printing Industries Alliance, must also demonstrate concrete, real dollar value to its membership. We think the numbers contained in our “2015 Membership ROI” report do just that.”
The report was conducted utilizing savings figures supplied by a variety of vendors who have partnered with Printing Industries Alliance to provide “Members Only” savings opportunities to association members. A wide ranging variety of Printing Industries Alliance service offerings go into the ROI calculations. The following are some services highlighted in the report, along with the total amount members saved through participation last year:
Legal Services- $250,000
Workers Compensation Insurance- $1,838,974
OSHA Training- $24,228
Group FSC Certification- $52,274
Credit Card Processing Fees- $25,435
Xerox discounts- $98,135
Printing Industries of America Services- $17,550
Commercial Collection Fees- $1,202
Experian Credit Reports- $788
The “2015 Member ROI” report is being sent to each PIA member along with a summary of their own ROI performance.
The report is also available by contacting Printing Industries Alliance at 716-691-3211 or via email at tfreeman@pialliance.org. The report can also be downloaded from the Printing Industries Alliance website.