Indianapolis-based Norwood Promotional Products and BIC Graphic announced today a definitive agreement for BIC to acquire Norwood. After presenting a last minute offer, BIC was awarded the sale outbidding the original stalking horse, Aurora Resurgence. Total consideration for the acquisition is $125 million plus approximately $37.5 million in assumed liabilities. BIC Graphic USA is a [...]
Indianapolis-based Norwood Promotional Products, Inc., a supplier of promotional materials such as calendars, pens, golf products and awards, has filed for bankruptcy, blaming a flood at an Iowa factory and $175 million in debt.
Do you ever wonder what’s missing in your business? Do you ever wonder what your customers are looking for but are not able to find? Do you ever wonder how your customers are being treated by your employees?
You’ve heard it before, “we all have the same 24 hours in every day. It’s what you do with those 24 hours that matter.” How true this statement rings. But how do we truly go about putting this wisdom to work? We can contribute where we are today at this very moment to the cumulative choices [...]
06 May 2009
The big question was "SAGE vs ESP, which is better??" With over 67% of the vote, SAGE has taken the title. Both SAGE and ESP are great Windows based product research tools, but apparently SAGE is the favorite among distributors.
05 May 2009
Peter L. Klein, founder and chief executive officer of Impact Promotional Publishing LLC, based in Dunedin, Fla., announced on May 1, “… On the 30th anniversary of its founding, [Impact Promotional Publishing] will discontinue publication of the Impact Advertising Catalog and all other promotional industry sales and marketing products.” Klein continued, “Throughout May and June, [...]
28 April 2009
To properly sell stadium cups it is important to understand some basics of the drinkware industry and how it relates with our industry. The drinkware industry is made up of several big manufacturers who generally are not associated with our promotional products industry. They make large volumes of product & sell directly to the bigger users such as the stadiums at major colleges, pro sports teams, fast food franchises, etc.
28 April 2009
Sometimes I am asked if we can make a few thousand of a special design or mold a few thousand of a special color. My hope is this section gives some insight why this is not possible with most production operations. The plastic cups are injected molded using rather large machines, using large expensive tooling.
28 April 2009
There are two primary methods of imprinting stadium cups… screen print & offset print. Each method has its own advantages and disadvantages. Some suppliers might pad print cups but that is not the norm.
28 April 2009
Offset printing is a method used primarily for multicolor imprints on larger quantity orders. The UV inks used are not as opaque as screen print inks, meaning the vast majority of jobs are printed on white cups. It is a fully automatic process where all imprint colors are printed on the cup in one, single pass… resulting in vibrant imprints with exact registration.
28 April 2009
People! Can I have your attention please? Stop it! Just stop the madness! Now! Contrary to popular belief, it is not technically possible to multi-task. Our mind is binary and switches off of one task and onto another.
28 April 2009
While many businesses are tightening their belts or even laying off employees, Promotional Product Distributors and Consultants can poise themselves to not only survive 2009, but thrive in 2009. It’s time to get back to basics, ladies and gentlemen. Make sure the basics of your business are running like a well-oiled machine.
23 April 2009
A recent advertising for a college claimed that on average people with masters degrees earned $10,000 more per year than those without masters degrees. So why don’t more people have them? Well, I suppose the reasons would be things like people not having the time, money or desire to pursue them. But what if the [...]
23 April 2009
I’m sure i’m not the only one who got the sample of the new MI-094 Solar Keychain Light from Minya but I thought it was worth posting about. At first, I made fun of the thing. I mean, a flashlight that needs light to function? How crazy is that, right? Turns out, this little flashlight packs [...]
