Printer Ink Toner Cartridges Cost Rises 3% to 6%
Ink and toner cartridges have shown an increase in price over the past 6 months.
San Francisco, CA (PRWEB) January 8, 2009 -- Printer.com, the largest proprietary database of printer ink and toner prices, announced their price indices show most major manufacturers are increasing their retail pricing anywhere from 3% to 6%.
This affects not just one or two manufacturers, but appears to affect all manufacturers. As of September 2008, HP increased the list prices on all Mono and Color LaserJet Print Cartridges by 5%, as well as approximately 5-6% on Inkjet Cartridges. Lexmark and Xerox also raised their pricing on printer supplies in November 2008 with 5% across the board for Lexmark and 3% to 6% for Xerox. Brother, Canon and Oki soon followed suit.
Printer.com's Director of U.S. Operations Bob Crum, says, "Expect the ink and toner cartridge price increases to remain until several months after the recession has been put to bed. No one likes increasing prices, but ink and toner are often very profitable revenue streams for printer manufacturers, and incremental price increases just make business sense for a lot of organizations looking to increase profit margins in tougher financial conditions."
About Printer.com
Websites such as Printer.com have created an online marketplace for consumers to find and compare TCO (total cost of ownership) on more than 1,650 ink and toner cartridges. Their large database does the testing and evaluating for the consumer helping them to make better selections and money saving choices. Free services such as these could be a lifesaver for those who have a large print output each month.
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