Skip to main content

Subsidized Hp Printers Only With Locked in Hp Print Supplies

 HP is one of the major players in the world of printers and print supplies. High quality printers are sold by the company at low prices. This HP printer support to the customers comes with the expectation that they will use print supplies made by the company. In fact, the bulk of the revenues for HP are generated through the sale of print supplies. Now the company has hinted a shift towards managed print business model that will make sure customers get printers at subsidized rates only if they fulfill their print supplies through the company.

This business plan was disclosed by the executives of HP last week. According to this plan, HP printers at low prices will only be made available only if the customer agrees to purchase print supplies through HP partners. Customers not agreeing to this plan and using supplies form third party vendors will have to pay more for the same printers.

This move by HP is being seen as a response to a decrease in its print supplies business. By signing a contract with the customers where they buy their supplies through locked in brands, HP is ensuring a boost to its supplies business. HP is a company that has a long history of working with its loyal partners. It has also realized that its end users are looking at not just fast and reliable printers but also efficient services when it comes to print supplies and software solutions. These are the customers who also have concerns about their security. For them, paying a little extra for print supplies is not a big issue provided all their concerns regarding software and security are addressed.

In a sense, a contractual print service is a move from HP that is justified when one looks at the prices at which the company makes available its high quality printers to its customers. There is no other company that comes even close in terms of HP printer support to its customers. Of late, HP has been facing a stiff competition from third party suppliers and vendors that are selling print supplies at a fraction of a price charged by HP. This has led to a staggering drop in the print supplies business of the company, forcing it to reevaluate and introduce a new marketing strategy that serves its interests.

In a related move, HP is planning to phase out discounts on its printers that can be used with supplies from third parties. In future, company will focus upon only those printer models that are capable of working with HP print supplies.

While there are many experts who believe this move towards contractual print supplies will give a dent to the sales figures of HP printers, there are also experts who say such a move will help in boosting loyalty among HP customers. This move by HP is not going to be implemented in a week or a month. It is a long drawn out strategy that will take effect over a number of years.

more information: Wells Fargo Login

Comments

Popular posts from this blog

Malwarebytes Slams Apple for the Poor Quality Patching Process

 Malwarebytes has emerged as one of the most popular antivirus systems around the world in recent times. This is when Malwarebytes does not fulfill the requirements to be labeled as fully-fledged antivirus. Recently, the company surprised everyone by complaining against Apple, one of the biggest tech companies in the world. In a blog post written by  Malwarebytes support , the company criticized the patching process of Apple saying it can have serious repercussions for the safety and security of the systems being used by the customers. Thomas Reid, Mac and mobile director in Malwarebytes, wrote a blog post that centers on a campaign called Watering Hole being run in Hong Kong. Watering Hole is actually a security threat that was aimed at the users of Mac OS who were directing people to a pro-democracy event supported by a political organization. TAG from Google first reported about Watering Hole some time ago. Hackers made use of two vulnerabilities in the Mac OS to launch th...

Netflix to Go Tough on Password Sharing

A lot of Netflix consumers have reported receiving a message from the company on their screens saying they need their own account to continue watching Netflix if they do not live with the account owner. The company was getting information that more than 20% of its consumers were sharing their account passwords with friends to allow them to watch Netflix illegally. Realizing this practice cost Netflix a massive amount of money,  Netflix support  has decided to go tough on this habit of password sharing by its customers. A spokesperson of Netflix confirmed sending such messages to customers when talking with the BBC. He added that the basic aim of the company behind sending these messages is to make sure that only authorized customers are using their accounts. The spokesperson also said that this message was not being sent to all the customers and a decision in this regard will be taken soon by the company. The problem of password sharing stems from the fact that streaming compa...

Vulnerability Issues Found in All Mcafee Antivirus Products

 McAfee antivirus is regarded as one of the most effective internet security suites and used by millions of individuals in their computers. However, researchers have found a security big in all editions of McAfee antivirus that can be used by hackers to harm the systems of the victims. The fact that no denial has come forward from  McAfee antivirus support  team confirms the serious nature of this security bug. Cyber security team of researchers at SafeBreah Labs shocked the world on Tuesday when it said that defense mechanisms of McAfee antivirus products can be bypassed by a security bug called CVE-2019-3648. Once the system’s security has been compromised, it becomes easy for hackers to carry out further attacks to take control of the system. Realizing the gravity of the situation, developers at McAfee swung into action and released a patch to fix this security bug. This security flaw was brought to the notice of researchers at McAfee in August 2019. It was clear that...