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Its Free! Click Here to Share your Success Stories with Tonernews.com and We'll Publish it for You!Hi Mike,
How can i be of help to you?where are you based in the Philippines pls?
Its Free! Click Here to Share your Success Stories with Tonernews.com and We'll Publish it for You!Andy,
Please get in touch with us.
We are also in the Philippines
Its Free! Click Here to Share your Success Stories with Tonernews.com and We'll Publish it for You!Sorry i mean thanks Mike
Its Free! Click Here to Share your Success Stories with Tonernews.com and We'll Publish it for You!Thanks Andy
For the vote of confidence.I also have a ink refill business based in Manila and i employ 6 full time sales reps,day in and day out we here the same story from companies,tried inks for less before had major problems and now we have gone back to orginals.
Its Free! Click Here to Share your Success Stories with Tonernews.com and We'll Publish it for You!I fully agree with andy. We tested many of Ink for Less products and i can only say..Its bery bad for our remanufacturing industrie. People will never try it again and will just go strait back in buying OEM Products. They will never try it again even from somebody who is really making an excellent cartridge.
Its Free! Click Here to Share your Success Stories with Tonernews.com and We'll Publish it for You!dear nick……….relax man !
this was just an artical that was pulled from many news sorces from all around the world.
this artical does not reflect the view & opinions of tonernews.com
thank you for your opinions of ink-for-less
please feel free to post on tonernews.com any current news from your region(your part of the world)
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also i would like to add the following i was in a mall the other week watching a dissatisfied customer complain about there cartridge not work,the worker got on her hands and knees behind the counter and started to rub the print cartridge head with a dirty rag,now tell me that is the correct way to unclog a cartridge?(HP)….also inks for less dont even sell remanufactured cartridges.
they have got rich by selling franchise packages to any dummy with more money then sense who just thinks they will make money..hard fact is they wont make nothing ….i own a ink refill business and if i never cleaned or tested any of my products i would have over a 50% failure rate maybe even more…so as they test zero do you think the customes will be satisfied and return to buy from them.there are other ink refill business in Manila that might not have 650 shops but they do know what they are doing…
oh by the way you mentioned he saved 500,000 pesos which is 9,000 dollars….you did not mention his Dad was the ambassador of the philippines to the middle east?or a good friend of the president….do you really think he saved up 500,000 pesos?
Its Free! Click Here to Share your Success Stories with Tonernews.com and We'll Publish it for You!How can anyone say inks for less are good.every business i know who has used them has encountered problems with them.All they do is basically inject ink into a cartridge.they have no printers for circuit testing,or test printing,no centrigues,no digital scales to weigh there products,the only people who buy from inks for less are first time users who know no better,until the second time around.
and lets face it aguiluz comes from one of the richest families in the philippines so trying to make out he is some saint who started on a low budget is total nonsense…his family own ama computer colleges and several other large business…no corporate business would go near inks for less.
if they are so good please answer the following question…when a client goes to one of there shops to refill how would they know the cartridge is empty?if they dont weight it?how would they know if the circuits are working,as they have no printers in there shops to test them on?how would they know how to prime it properly with no printers to test print on.
its because of inks for less that ink refills businesses in the philippines have such a bad name
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ink for less
Amable “Miguel” Aguiluz IX has done something never achieved before by any Filipino at the Harvard Business School in the last 35 years. In June this year, his paper won the Best in Strategy award among the 150 participants of Harvard’s Owners and Presidents Management Program from 20 countries.
The award was given to Miguel Aguiluz during the OPM 2005 class graduation in June in Boston, Massachusetts. Miguel is only 35, the youngest in the class where only business owners and company presidents are allowed.
His paper dealt on his company, Ink for Less, the Philippines’ biggest in refilling company with more than 375 stores by now after only three years of operation. It began with only P500,000 in startup capital, money Miguel saved from his previous businesses which included the ACA Video, the largest video rental company, and franchising businesses engaged in the repair of computers, watches, cellular phones and appliances.
The business concept is quite simple. The money in computer printers is not in selling printers but in selling ink. That is why computer printers often cost less than the cost of an ink refill cartridge. So Miguel focused on selling the ink by engaging in ink refilling.
He buys the ink by the ton abroad and retails it by injecting it into empty printer cartridges. He charges a fourth of the price of a brand-new cartridge. The computer owner saves about 75 percent. Just how big the printer business is can be gauged from the P12-billion revenue of HP, the biggest local printer maker. And there are an estimated 12 million computers in the country. The market grows by one million PCs a year. Since there is one printer for every PC, the market for ink refilling is more than 12 million PC owners. They need to refill their ink cartridges four to six times a year, depending on their usage.
Miguel hopes to expand Ink for Less into 650 outlets by 2006, 1,000 by 2008, 1,250 by 2009 and 1,500 by 2010. In terms of revenue, it will grow from P757 million this year to P1 billion next year, P1.5 billion in 2007, P2 billion in 2008, P2.7 billion in 2009 and P3.6 billion in 2010. Considering that the profit margin is about a third of revenue, Miguel conceivably will become a billionaire when revenues hit P1.5 billion two years from now.