The cost of printer ink is climbing so high that it is starting to cause concern within the industry as some ink is known to fetch up to $60 an ounce. This is definitely worrying when some printers alone can cost less and this problem is prompting a reaction from companies that feel the extortionate price of ink is becoming a real issue.
It seems the rising cost of printer ink has become such an issue that a New Jersey lawmaker has decided to take action as the NY Daily News discusses how an ounce of ink can cost up to 30 times the amount of the same weight in Champagne such as Moet & Chandon.
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Anyone owning an inkjet printer will understand that the price for ink can be problematic to small business owners, as well as those using printers at home and New Jersey recently reintroduced a bill that makes sure manufacturers of cartridges and printers are now expected to display the average cost of printing per 1,000 pages on their packaging.
Those not complying can face a penalty of up to $20,000, and this includes stores like Cartridge World, which own eight stores in New York City. In fact, the third-party retailer of remanufactured cartridges is planning to launch a radio ad campaign that is bound to fuel this argument.
Greg Carafello from Cartridge World mentions how people are now forking-out plenty of cash for a small amount of product that is not that expensive to make. With giants like Epson, Canon and Hewlett Packard charging prices anywhere from $10 to $60, we get the impression those intending to buy a couple of cartridges can exceed the overall cost of an average printer in no time at all.
According to Melissa Riofrio from PCWorld the cheaper the printer, the more you can expect to pay for the ink, but has the rising demand for ink amounted in the prices creeping up? Especially, when you listen to comments from Alyssa Tierney, as the owner of Monograms off Madison on the Upper East Side puts forward her estimated ink cost to be in the region of $1,500 an annum.
Some feel that is how companies recuperate the money when selling cheap printers as the ink is where the real money is made. With this in mind, certain companies like Hewlett Packard have introduced HP Instant Ink, which is an automatic ink replenishment service, and apparently this can save consumers up to around 50% on ink.
In addition, the aforementioned site is one of many now that offer tips on how to save money and make the most out of your ink, with hints about investing more in a printer as the cheaper versions require more expensive ink. Other useful tips mention how printing photos can use up more ink, while those using a printer regularly are recommended to pay a little extra for their printer as this will save more on ink in the long run. So, do you think the cost of ink needs re-evaluating?