Printing Industries Alliance Members Receive 759% Return on Investment in 2015
Thursday, October 06, 2016
Press release from the issuing company
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 in 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 commented,
“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 e-mail at firstname.lastname@example.org. The report can also be downloaded from the Printing Industries Alliance website at www.pialliance.org.
About Printing Industries Alliance
Printing Industries Alliance provides a variety of consultative, informational, and cost saving services to support its member’s success and provide a significant ROI on their dues investment. In addition, the organization provides industry representation to a variety of governmental entities at the local, state, and federal level.
Consultative services include expert advice on health and safety issues including OSHA; legal and human resource issues; financial and M&A; as well as a marketing consultancy.
Printing Industries Alliance is a regional affiliate of Printing Industries of America and is headquartered in Amherst, NY, with a NYC office in Park Slope, Brooklyn and Long Island office in Seaford, NY.
Post a Comment
Copyright © 2018 WhatTheyThink. All Rights Reserved