Tagged With "Virus"

Although I am 60% on board with your move to A4 strategy, most of the rest of the stuff you are posting is "knocking it out of the park"! I would like to see a poll. As a business owner, during COVID-19 would you prefer? 1). No lease payments for 90 days 2). 1/2 price lease payments for one year The auto industry is pushing no payments for 90 days but I think business owners are more concerned about cash flow for the next year. I think the correct strategy is to offer as part of your...

SalesServiceGuy, I would suggest that a payment strategy is not something I see valuable at all. Customers need help deferring payments on what they already own. In all do respect. A payment strategy is not helpful to end user strictly based on selling a new MFP. The Imaging Channel's resellers who only sell print equipment are going to find themselves in serious trouble. Customers don't need to upgrade their all already oversold A3 to another one. Dealers should credit back the unused...

We generally do not build in prepaid copy/ print blocks into our leases. We do give away free copy prints up front but only intended as a short term bonus. We do normally charge a $25.00 minimum monthly maintenance fee but have waived that until the economy rebuilds momentum. I am in Canada, lease vendors are currently offering 90 day payment deferrals added back on at the end of term for those customers who request them. Leases expire every month and customers are happy with the equipment...

SalesServiceGuy I will discuss this more on tomorrows "End of The Day With Ray!" Have a great evening

I have to dial back the 1/2 price payments for one year. Most SMB business will only get lease approved for a six month Step lease. So for those customers wanting to preserve cash flow, a six month 1/2 price lease cost followed by a 60 month regular cost lease would be the best offer. On a $5k lease this would add approx $139.00 to the total finance costs spread over 66 months ($2.00 month).

This is probably bull**** and you know it - especially with the nexera or whatever commercial in the end of the post Nobody knows what tomorrow brings. China has been up and running for days already. absolutely no need for predicting the end of the world and scaring people your advice is so obvious that if you don’t follow them by now you should not run your own business i am not in the USA but in Europe and my country is hit hard by covid19 - we are halfway through a lockdown I am just...

Anders, You read this the way you wanted. I am by far NOT predicting the end of the world. I am predicting the end of customers in the Imaging Channel being oversold based on outdated business processes. The technologies being exposed to organizations today will change their business processess and cause a speed up to the SMB's digitization. Regarding NEXERA they are the only organization in the world with data on service activity based on nearly 5 million devices. The article was written to...

Switchfast Technologies , the leading provider of managed IT services and security for small and mid-sized businesses in Chicago, today announced the launch of MaxPro Secure, built to provide SMBs with a full suite of managed cybersecurity services. “Security is crucial especially for small businesses,” said Jim Anderson, CEO of Switchfast. “Studies suggest that 60 percent of SMBs go out of business after a data breach — not to mention the brand equity cost. Switchfast’s MaxPro Secure...

As sales/ service people we are introducing ourselves to new people everyday in the hopes of making a sale and earning an income. Our Sales Managers push us to make more cold calls every day to make quota. ... but are we putting our personal health at risk? ... should we be practising "social distancing"? ... should we just kind of float for a few months and hope this goes away? ... will potential customers seeing a new face (your face) coming though their door a health risk? I do walk...

Canon to close 5 factories due to virus - announced that it will be temporarily closing 5 of its factories due to supply shortages caused by the COVID-19 coronavirus outbreak - scheduled to last approximately two weeks. - Affects 5 facilities based in the Oita, Miyazaki and Nagasaki prefectures of Japan

In this article, I will share what I envision coming, and some things dealers can immediately do to soften the impact of that vision. As the Industry's Customers investigate and explore their current circumstances so, must the dealers who sell and service them. Any mis-alignment will prove way too costly now and in the future. Over the last couple of weeks, the industry has been dished a new reality. The work from home business model is now mainstream, and many, including me, believe there's...

I'm not sure where to start...., the fact that the tri-state area is closed except for essential businesses, New Jersey is now in the top three of Corona Virus infections, the 8PM-5AM curfew in effect in NJ, the State of New Jersey releasing 1,000 prisoners from jail because they may have been exposed to the virus. I guess my message to everyone is that every day that passes we're getting closer to the day that all of this will be over. The fact that I'm continuing to work and prospect (not...

My friends, soon we will discuss the Imaging Channel's deliverables as Pre-Virus and Post-Virus. Over the next few weeks, we will all witness many unpleasantries. However, we must prepare, and as I have done for many years, I will continue sharing my thoughts and what I envision coming. Hopefully, helping everyone prepare. In this article, I will discuss Leasing Pre-Virus and Post-Virus. Will this Pandemic cause the same problems as the 2008-09 Financial Crisis regarding Leasing in the...

We have all watched our share of post-apocalypse movies. However, not too many saw themselves being chased by Zombies. The battle for the customer will be fought viciously by what I describe as "Zombie Companies." "A Zombie Company" is one in which its leaders continue attempting to deliver goods and services through DEAD concepts. In other words, organizations who fight against today's new market realities in hopes of lengthening the tenure of yesterday's relevance. This pandemic was an...

RALEIGH, N.C., Dec. 30, 2013 /PRNewswire/ -- Here's how an attack from the Cryptolocker virus unfolds: when you attempt to access your business computer network, you instead find yourself locked out and all files strongly encrypted. Next, a...

In New Jersey, is the copier business considered to be an essential service? Copier dealers, for example, service equipment in hospitals and medical centers. Canada's largest province, Ontario, declared a State of Emergency yesterday. Sometime today we will find out if the copier business is an essential service.

Ontario just announced 9). "Businesses that supply office products and services, including providing computer products and related repair and maintenance services for individuals working from home and essential services" ... are considered an essential service.

@SalesServiceGuy we are being told it is because we provide support to hospitals and municipalities

I have been having some arguments with my three preferred leasing vendors that with interest rates now at historical lows, their rate cards have not changed since Jan 2020 and earlier. I argue that their cost of money has gone down and yet they are charging the same rates. They counter argue that it has become more expensive to raise the necessary debt to fund new leases. I counter argued that most leases are renewals so they are not really funding new debt. I realize that argument is an...

I agree! Right now leasing companies should be full speed ahead to lock in new and existing clients for more years.

Sorry, just saw this. I am not walking around with a face mask! There are 11.1 million people in Wuhan, China. Eighty K has contracting COVID 19, lets do the math. 10% is 1.1 million people, 1% is 110,000 people. Thus the 80K infected is less than one percent. Of those 80K, 3,800 poor souls have perished. Today China only reported 44 new cases. China may be on the down curve while other countries like Italy, and Iran are still increasing. As far as interacting with clients, handshaking...

I would not believe anything that China says as far as Corona Virus statistics go. New York State today quarantined and entire one square mile of the State over Corona Virus fears. A Purel bottle (if you can find it) needs to be in your pocket. Too much Purel actually weakens your skin's ability to defend against germs. More and more companies, like Google, are asking employees to telecommute work from home. This may make it more difficult to get in front of some decision makers. I was at a...

Just some facts on the quarantine. I live in NJ, they are calling a "containment" zone. People can come and go as they please, they want to limit social gatherings and for those that need to self quarantine they are using the NY National Guard to distribute services along with food for those that need it

I have zero fear of getting sick from this virus but I have a very real fear that my income over the next 12 months will drop from 25-45%. I'm pretty resigned to that at this stage. Batten down the hatches.

Chances are you will get sick from with symptoms like the common flu that will pass in about two weeks. Corona Virus or not who knows, for most people, symptoms and recovery are similar. The large dent to our incomes through to Sept seems inevitable. The industry still needs highly skilled and motivated salespeople to get us through the next six months. We know these people "do not fall off trees" in abundance.

I see the traditional in-person/cold calling sales strategy shifting over the next few months. My company has instituted a work-from-home policy for at least the next few weeks (as are most businesses across the country). The front door is open b/c our CEO is still there answering the phones, but all employees are working remote. We also have a no guest policy and will not let any visitors inside the building. This isn't representative of all companies, but something to consider. That said,...

CONNECTICUT - Schools in the Hartford Public School system did not open on Tuesday as scheduled due to a cyber attack. In a letter posted to families and staff on the district's website , school officials wrote that no in-person or online learning would take place until a ransomware virus detected in the system that communicates transportation routes to the district's bus company could be resolved. The virus had caused an outage of critical systems. read the rest here

Late March 2 nd (Monday), 2020 my wife and I arrived in Newark Airport from my Presidents Club trip to Aruba. It truly was a great week although we were peppered every day with news headlines with COVID19. I asked my wife “is this something we should worry about?” Tuesday and Wednesday of the first week back continued to be the normal selling days that I’ve been accustomed to for the last forty years. It was Thursday of that week when the North East USA when the news was stating to shelter...