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» The Letterville BullBoard » Letterhead/Pinstriper Talk » I know why my competition is busy

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Author Topic: I know why my competition is busy
David Wright
Visitor
Member # 111

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I just left a quickie quote where the new candle shop (how many of these are there?) wanted a price on lettering a 3' by 6' formed face and supplying a 4' by 6' aluminum composite sign. He stripped the old lettering off the plastic and will install the aluminum sign.

The all in one sign shop,rubber stamp,clothing imprinter, logo designer, printer, office supply guy down the street quoted $275. I told him $450 before I knew the price and felt this was too low.

Now I know why people wait weeks to months to get this guy to complete their work and why they wait.
Looks like crap but too cheap to pass up and one more nail in the coffin of the sign business in this area.

You have to go after custom work, I know and I do but this bread and butter stuff pays the bills too. At least it used to.

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Wright Signs
Wyandotte, Michigan

Posts: 2785 | From: Wyandotte, MI USA | Registered: Jan 1999  |  IP: Logged | Report this post to a Moderator
Dawn Drake
Visitor
Member # 6533

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wow your'e in Michigan too
Things are still tough in this state

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Dawn Drake
Signs That Scream
Grand Rapids MI

Posts: 44 | From: Kentwood Michigan | Registered: May 2006  |  IP: Logged | Report this post to a Moderator
Ed Gregorowicz
Visitor
Member # 1842

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Seems like there are a LOT of Michigan letterheads...

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Ed
The Signwerks
1951 SR 254 Orangeville, Pa.

Posts: 199 | From: Orangeville, Pa. USA | Registered: Dec 2000  |  IP: Logged | Report this post to a Moderator
Dave Sherby
Resident


Member # 698

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I don't know why my competition is busy. Here is a fine example of his work.
 -

My other competitor has similar peeling vinyl on his OWN sign on his building.

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Dave Sherby
"Sandman"
SherWood Sign & Graphic Design
Crystal Falls, MI 49920
906-875-6201
sherwoodsign@sbcglobal.net

Posts: 5398 | From: Crystal Falls, MI USA | Registered: Apr 1999  |  IP: Logged | Report this post to a Moderator
David Wright
Visitor
Member # 111

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Update, I found out that he just lettered a van for $300. Is this a Michigan thing, probably not.

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Wright Signs
Wyandotte, Michigan

Posts: 2785 | From: Wyandotte, MI USA | Registered: Jan 1999  |  IP: Logged | Report this post to a Moderator
Bob Rochon
Resident


Member # 30

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can't be making much if any of a profit at that price. Depending on how much lettering there is.

He must be confusing money in hand with profit.

Doesn't take long to burn out that way.

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Bob Rochon
Creative Signworks
Millbury, MA
508-865-7330

"Life is Like an Echo, what you put out, comes back to you."

Posts: 5149 | From: Millbury, Mass. U.S. | Registered: Nov 1998  |  IP: Logged | Report this post to a Moderator
Kevin Gaffney
Resident


Member # 4240

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Try this one guys. A good client of mine wanted 12 vans signed. Rear only, printed one way vision on back window and four lines of text. Priced them at 290 dollars each. Estimated seven days work for myself and my wife. Poor price really but for a really good client of mine. A franchise shop got in on the act and got the job quoting less than half my price. Not really bothered as we have loads of work at the moment but this lowballing will eventually lead to misery for someone

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Kevin Gaffney
Artistik Signs
Kinnegad
County Westmeath
Ireland
044-75187
kevingaffney@eircom.net

Posts: 628 | From: Ireland | Registered: Oct 2003  |  IP: Logged | Report this post to a Moderator
Dawud Shaheed
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Member # 5719

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Kevin, I tell them..."that's a good deal,but don't let them sell you an inferior product and material that will not last" not to mention...at that price, I won't have to compete with them long, because they'll price themselves out of business."
Why should I work for free just because Joe Flipperhead who owns the quicky sticky sign it in a jiffy" shop up the block wants to work for free?

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Dawud Shaheed
Sign Scientist
Durham (triangle area) N.C
919 685 7641
signscientist@aol.com
www.signscientist.com

Posts: 1158 | From: durham (triangle area) NC | Registered: May 2005  |  IP: Logged | Report this post to a Moderator
stein Saether
Resident


Member # 430

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let them buy the bad stuff, dont compete on price,sell top work and make the customers line up and wait

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Stein Saether
GullSkilt AS
Trondheim

Posts: 1183 | From: Trondheim Norway | Registered: Nov 1998  |  IP: Logged | Report this post to a Moderator
Kevin Gaffney
Resident


Member # 4240

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I'm lucky with this one because this particular customer will be back to me after this job. He knows something is amiss with the price but is willing to take the chance on this one as the lettering will only be on the vehicles for six months. Probably is, this lowballing sets a new level in pricing and word spreads rapidly. So by the time this outfit have gone out of business, what kind of a mess will they have left for the reputable businesses.
This has been a trend for the last ten years here. Far too many sign shops competing now for a decreasing market. I'm ok, I'll always have enough to feed the family but I once hoped I'd have a worthwhile business that might provide a living for one or two of my three daughters.
There's not a chance of that now and I wouldn't let them within a million miles of it now. Far too many problems to address every month now being self employed

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Kevin Gaffney
Artistik Signs
Kinnegad
County Westmeath
Ireland
044-75187
kevingaffney@eircom.net

Posts: 628 | From: Ireland | Registered: Oct 2003  |  IP: Logged | Report this post to a Moderator
Nikki Goral
Resident


Member # 7844

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Two words: BEER MONEY

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Nikki Goral
Image Advantage Signs
4050 Champeau Road
New Franken, WI 54229
920-465-4500
"Finish every day and be done with it. Tomorrow is a new day."-Ralph Waldo Emerson

Posts: 928 | From: New Franken, WI (East Green Bay) | Registered: Jun 2007  |  IP: Logged | Report this post to a Moderator
Alicia B. Jennings
Resident


Member # 1272

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I think that some people can sell really cheap because of their lifestlye. If his "Overhead" is miniscule, then he can survive selling cheap signs. Lots of people just live day to day. And I'm sure that happens in many industries. Cheap mechanics, plumbers, who work out of the back of their cars. I don't feel any type of anomosity towards these people. Usually they have enough probalems to fill a giant dumpster. They are who they are, and I am who I am.

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Signs by Alicia Jennings (Mudflap Girl)
Tacoma, WA
Since 1987
Have Lipstick, will travel.

Posts: 3820 | From: Tacoma, WA. U.S.A. | Registered: Dec 1999  |  IP: Logged | Report this post to a Moderator
Kevin Gaffney
Resident


Member # 4240

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Good point Alicia, although I know for a fact in this case this competitor has far greater overheads than me. I'm rent free, all my equipment paid for except for a few months left on my digi printer. It doesn't worry me anyway cos the time slot I had allocated for this job has been filled up with far more lucrative work. So basically, next week this other fool will be working for less than half what I'll be earning. I think the big city outfits over here seem to be the one's mainly guilty of lowballing prices. See a lot of sign workers being laid off and setting themselves up in a self employed state. Of course, most of these only have manufacturing experience and have probably never had to price a job in their lives. Like us all, they'll learn the hard way

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Kevin Gaffney
Artistik Signs
Kinnegad
County Westmeath
Ireland
044-75187
kevingaffney@eircom.net

Posts: 628 | From: Ireland | Registered: Oct 2003  |  IP: Logged | Report this post to a Moderator
Joy Kjer
Resident


Member # 3026

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And then there is the issue of how much you need to earn per hour to cover the cost of health insurance alone (not health bills), and not even beginning to count making a profit. These are difficult times.

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Joy Kjer
Art On Display Signs
4001 Randolph St
Lincoln, NE

"My life has a superb cast,
but I can't figure out the plot."

Posts: 445 | From: 4001 Randolph St. Lincoln, NE | Registered: Jun 2002  |  IP: Logged | Report this post to a Moderator
   

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