the consumable
sign market is going to become more saturated as more traditional print companies, photo businesses, office supply/support companies, etc enter the market. as flatbed technology becomes more common you simply will not be able to compete on price without investing heavily in equipment. the price of this technology is nothing in comparison for traditional print, photo companies etc.
we have always had many shops in our our industry who operate with older equipment, afraid or extremely cautious about investing in new technology and that simply is not going to be an option if you are going to compete for this work. if you are not capable of printing direct to substrate you will not be able to compete.
because of the large investment that is going to be needed i think we will see many shops focus more on being a full service agency...we are already seeing many people make this transition and unless they have the skills, knowledge, experience ,etc to generate results for their clients obviously this will be a tough act to maintain. i know one shop who went this direction who now feels they are in a position that they need to fulfill all of their client's marketing needs and are currently adding a production studio and staff for filming television commercials, you need to have boundaries in my opinion or you lose your identity and just as we all laugh at the desperate businesses that are mowing lawns, working on cars, and making
signs on the side...it is very easy to cross that line when you become a full service design firm as well.
for the shops that either have no interest in becoming a design type firm, don't want to compete on price in the consumable
sign market i think we will see many more shops jump into the dimensional
sign industry which in some areas is already as saturated as the non dimensional
sign industry.
there are already many shops that want to create the
sign hand it to their client and be done with the project and there will be many more as more people from outside of the industry enter the trade. there will be opportunities for the shops that are willing to install or for the people who are willing to do the dirty work for those shops (installs, digging holes, vehicle graphics installation).
10 short years ago i knew electrical
sign shops that wouldnt touch a project if it wasnt illuminated. i knew installers / servicemen who COULD NOT install vinyl..and now I see $100,000 service trucks on a job site and after they are done hooking up the pole
sign they are installing window lettering, door hours, and anything and everything else they can do for the client. what once was a relatively safe part of the trade is now a very different business than it was just a few short years ago. i think we will see many more smaller electrical
sign companies rather than the LARGE electrical
sign shops, one man in a small service truck changing lamps, maintenance, change outs, etc.
more than ever it is going to be about marketing your company, educating your client, and creating value.