By Deena M. Amato-McCoy for ChainStoreAge
The online giant had sales just shy of $3-billion across the office supplies segment, and these sales are growing at over 30% year-over-year.
Printers performed very well for Amazon in 2017, generating over $300-million in estimated sales last year. These sales also boosted high growth in ink, toner and paper (74%, 51%, and 56%, respectively). When researching the performance of ink and toner, the two largest office products categories, there was higher growth in sales of inkjet as compared to laser printers (26% and 15%, respectively), which correlated to higher growth in ink compared to toner, the study reported.
Office organisation is a broad category which includes file folders, binders, labellers and labelling tape, among other things. It is also the next largest category after ink and toner (both valued at an estimated $390 million in 2017 sales), with an estimated $330 million in sales, and a steady growth of 24%.
Bulk buying of consumables is also driving growth for a couple of Amazon’s office categories. Exceeding the high growth rates of ink and toner were casepack cut sheet paper (90% year-over-year growth) and glue and adhesives (76% growth annually), led by the brands Georgia-Pacific and Elmer’s, respectively.
Amazon also has a high-performing private label offering in the office supplies category. AmazonBasics is the category leader for shredders, with eight out of 10 bestsellers — and two of them rank in the top 20 office products of 2017. The top competitor, Fellowes, markets high-end shredders and holds the remaining two top 10 items, both of which sell for over $450 each.
By marketing a low-cost alternative (the top model sells for $30), AmazonBasics has become the largest shredder brand on its namesake platform, and earned more than 40% of the total category sales in 2017, the study explained.
“While leading retail chains struggle to stay afloat, Amazon is seeing strong growth across the board in sales of office appliances, like printers, scanners and shredders, as well as consumables and office accessories,” says Nathan Rigby, VP sales and marketing, One Click Retail.
“Amazon’s latest efforts in this area, including their upcoming credit card for small business owners, reveals the company’s commitment to finding the same success as a B2B marketplace as they have as a B2C retailer,” he added. “With more and more of the Office Product market moving away from brick-and- mortar in favor of Amazon, there’s no better time for brands to embrace it as their primary sales channel.”
You’ve probably seen a few of these smart paper or smart pen things over the years — write in this special notebook and it gets saved to an app, that sort of thing. A new entrant to this niche space is the Everlast notebook, which obviates the necessity of restocking proprietary paper in that its pages can be wiped clean with a damp towel.
No, to answer your first question, it’s not a tiny whiteboard. The Kickstarter page is very clear on that:
The 36 pages (or 32 on the large-format version) are a “waterproof synthetic poly blend,” which when written on with a pen from the Pilot Frixion line can be wiped off over and over again, but only with a wet towel — normal rubbing won’t do it. It’s important to use the Frixions because they use an erasable ink that comes off the page completely (you can also just use the eraser for quick edits).
When you’ve written on the Everlast, you can then capture images of the pages quickly with the Rocketbook app. The Rocketbook, by the way, was the notebook the company funded earlier this year, which you erased by putting it in the microwave with a glass of water for a while and then vacuuming up the ink. Yes, really.
Your notes and sketches aren’t stuck in this random app, though: it’s just for scanning. When you snap pictures, it crops and processes the image and then sends it to the cloud services of your choice.
The clever bit is that you don’t even need to fiddle with the app to do that. You select the services each page should go to by marking them at the bottom. The symbols look more like Lucky Charms marshmallows, but you’ll get used to it. You can send stuff to Dropbox, Evernote, Google Drive, Box, Slack, or to an email address.
A couple minor caveats: the creators are honest about the fact that if you’re left handed and tend to drag your hand along what you’re writing, you’ll probably smudge it, since the Frixion ink takes several seconds to bond to the “paper.” And if you leave the ink on the page for more than 2 months, they say, it’ll leave a faint trace.
The Everlast isn’t going to change the world, and it isn’t for everybody, but this is a cool way to do the analog-digital thing these other notebooks do, for cheap ($34 for early birds) and without actually using any paper.
By Devin Coldewey for TechCrunch
French company Bic, known for its disposable lighters, ball-point pens and razor blades, has seen its sales stagnate over the past six months. The board has immediately lowered its full-year growth forecast.
1.063 billion euro turnover
Bic achieved a 1.063 billion euro six-month turnover (+ 0.3 % compared last year’s first semester), thanks to the Stationary division that grew 3.3 % and is the company’s largest division with a 428-million euro turnover. Distributors responded well to Bic’s novelties for the upcoming schoolyear, the Clichy-based company said.
Bic’s disposable lighters also continue to sell well and contribute 356.9 million euro, up 0.8 %. Its razor blade division did not do as well, as its turnover slumped 4.3 % to 236.4 million euro, mainly because of weaker sales in the United States. By comparison, Europe and the growth markets did display growth for the razor blade division.
Even though its second quarter turnover outperformed the first quarter, the board still dialed back its full-year growth forecast. “As markets remain volatile for the balance of the year, coupled with recent signs of lower consumption in Brazil, we now expect to trend between 3% to 4% Full Year Organic Net Sales growth”, Bic said. Only three months ago, it targeted a 5 % increase, but analysts had already stated that number was far too optimistic. The French group published a 2.026 billion euro turnover and a 249.7 million euro net profit.
By Karin Bosteels for www.retaildetail.eu
Most of the small businesses are going to run on really low budgets. When an office is needed we often see that the company struggles to create it. That is mainly because of the fact that the small budget is spent on items that are not at all necessary. It is really important to be sure that you are going to get the essentials.
Obviously, the basic office supplies that are needed for one company may be completely different than those needed for another small business. For instance, in the event you run a business that often prints documents for clients, you will surely need a good supply of printer ink before you open your doors. However, if your business is mainly connected to the online world, printer ink will not be that needed.
What you need to do is to assess the specific basic needs the office has when the business is launched. Besides that, you will need basic office supplies. They are almost always needed to make operations professional and smooth. The appropriate supplies are always going to be needed when home based businesses are operated. In this case you want to separate the business and the home for tax, business and practical reasons so office basics will be even more important.
1. Office Essentials
The small business has some pretty simple office essentials that have to be taken into account. This includes comfortable office chairs that are ergonomically correct and desks. Then, you most likely need proper task lighting and file cabinets that can be locked. Larger whiteboards or an erasable calendar can be added so that scheduling becomes simpler while adding to planning projects and deadline tracking.
2. Office Equipment
Since this is 2017, there is a huge possibility you will have to invest in a laptop computer or a desktop computer for every single employee. If you need paperwork, pairing everything with printer access will be necessary. You will most likely need internet access and business email accounts should be set up to make everything as professional as possible. Besides the office equipment, you will need common supplies. This does include ink cartridges, printer paper, heavyweight stationary (you may want to print it with a letterhead and business name) and sometimes you will also need a larger scale printer or a copier, based on business scope.
3. A Communication System
For starters, you will need to set up a phone system. As customers call you, a professional and prompt response has to come in. The phone system that has some individual extensions and at least voice mail is something that is seen as a basic. When there is no receptionist, remote phone management is an opportunity. The alternative to the regular phone system that is now gaining popularity is using VoIP based phone systems. They take advantage of the internet to handle phone calls, similarly to what Skype is used for at home. Using Skype is not professional because of quality concerns. However, other options are going to be available through VoIP. These systems offer many interesting advantages that will only make the business better at prices that are much lower than what you initially expect. Cloud based solutions help you to save even more and offer professional services, which is exactly what customers expect.
4. Business Forms
In order to appropriately track and budget expenses, to manage billing, formalise contractual agreements, account receivables and more, it is important to have business documents. That includes invoices, agreement letters and business contracts. Such materials are important as they will help you to run the business in a more fluid way, especially from the financial standpoint. At the same time, the business forms help the company to properly manage budgets, keep records and prepare the taxes. When vendor disputes appear, as an example, the forms help to set things straight.
5. Marketing Materials
Many small businesses invest the budget they have in office equipment and forget about marketing material. Nobody should do this if success is desired. A part of your startup budget should be added to marketing materials. Promotion will always be necessary so you want to produce business cards and even flyers or brochures when launching a local business. When it is possible, create a website that offers a company overview, products descriptions, services descriptions and testimonials as soon as they appear.
As you can easily see, there are many things that have to be taken into account when you set up any office for a small business. We talked about the essentials that are almost always needed but you should use your due diligence, of course. In some cases you can get rid of some of the essentials mentioned but you should be careful. In so many situations a launch without the office essentials will lead to business operations that are not as effective as they should be.
By Ady Wilson for www.businesscomputingworld.co.uk
Originally pegged for the 4th and 5th July 2017, EduWeek has been moved to accommodate the huge growth that it has experienced and will leave Hall 5 at Gallagher to take up larger space in Gallagher’s prestigious Halls 2 & 3. This move of date and venue for EduWeek provides the best possible environment to launch new big features to the event and space for exhibitors and visitors to network and interface, which is what EduWeek is all about.
EduWeek has also moved on from its partnership with SABC and is now partnering with Mindset Learn Channel.
The EduWeek African Trade Exchange takes place on the 11 July in Sandton and EduWeek takes place on 12 and 13 July from 09:30 – 18:00 and 09:30 – 17:30 respectively in Halls 2 & 3 at Gallagher Convention Centre in Midrand.
Event Director, Tanya Jackman says “We are pioneering a new breed of education events which addresses the broader role of education as well as the practical every day components. In turn this will provide more opportunities for businesses in education to be exposed to new verticals of growth, including health and energy, whilst creating greater exposure in core sectors such as science & technology.”
EduWeek, a firm supporter of the United Nation’s 17 SDG’s and South Africa’s NDP’s, is a two-day exhibition and conference which will host over 180 local and international product & service providers, seven dedicated EduTheatre/conference tracks and 5,500 visitors.
Those who will attend EduWeek include:
- Global Organisations & NGOs
- African Ministries
- South African Provincial Government
- CEOs, CIOs, COOs & Directors
- Institution Leaders
- Educators, Lecturers & Heads of Departments
- Education Specialists
Event director, Tanya Jackman says “As an attendee you will be exposed to a full itinerary of networking, knowledge sharing, practical seminars and hands-on interaction with breakthrough technologies & products in a truly innovative environment for an unbeatable experience”
Multiple segments of the sector will converge at EduWeek to discuss the advancement of education including Vocational & Higher Education, Early Childhood Development, Basic Education, Inclusive, Sports & Recreation, Technology, Health and Finance.
The exhibition has grown to host over 10 major product areas including Fitness & Nutrition which is a new addition for the upcoming event:
- Maths & Science Equipment
- Educational Toys
- School Supplies
- Inclusive Education
- Services for Educational Institutions (Financial services, training services etc.)
- Safety & Security
Another highlight of the EduWeek calendar is the EduWeek Awards which take place on the evening of the 12th July. The EduWeek Awards recognise excellence across the African education ecosystem. From the inception of the most innovative and life-changing products and/or services to our local heroes who go above and beyond to assist their communities and the lives of our precious learners.
To enter the EduWeek Awards or nominate a worthy recipient, visit: http://www.educationweek.co.za/awards/
Should you wish to sign-up to EduWeek’s monthly newsletter, the Educ8tor, please go to wwe.eduweek.co.za and register your details.
Investec Property and workplace specialists Giant Leap have launched FutureSpace – a first of its kind, high-end office on demand at 61 Katherine Street in the heart of Sandton, Johannesburg.
Linda Trim, director at Giant Leap, says the new 2 000 square metre office could be thought of a mix between “a five star business class lounge and on-demand, sharing economy services like Uber and Airbnb.
“FutureSpace is fully fledged office with absolutely everything a business requires from high speed fibre WiFi, concierge and support staff to meeting rooms, video conferencing, a gym in the building and 24 hour electronic security. And of course barista coffee and food.”
Trim noted that the shift in social attitudes from “ownership to access” and the growing sharing economy was now beginning to impact the global perspective of the workplace and FutureSpace was in direct response to this.
Robin Magid, executive director of Investec Property, says that the FutureSpace office in Sandton was an “office of the future”.
“We plan to role out many more offices in the business centres in South Africa – as well as creating an international presence starting in London. All will be in high end locations and close to good transport links.
“The FutureSpace competitive advantage is the synergy of our core property locations and the design expertise of Giant Leap. No one else offers that.”
FutureSpace offers a luxury hotel type of experience that offers restaurants and hotel bookings, luggage storage services and advice on the local area.
“With no leasing commitments and only paying for what you use, FutureSpace offers entrepreneurs, start ups, freelancers and even existing businesses easy access to fully equipped established offices. It is also appealing to multinationals that can quickly establish an office in SA,” says Trim.
Trim says that a local start up tech company and an international company taking its first steps into South Africa had already rented space.
Trim added: ”It can take months to find suitable offices space and just as long again to install IT services, furniture and interior design. With FutureSpace you simply book and pay for your office online – or simply walk in – and you can start working straight away. The front desk will be expecting you.”
Instant bookings can be made online through an online portal. It will also allow clients to book and pay for all extra services they need.
The FutureSpace offices are designed to meet different office needs with monthly pricing ranging from R3 500 to R25 000.
There are executive office spaces designed for longer term leases, a monthly membership that can be purchased for the visitor area for drop in visitors as well as co-working spaces that are specially tailored to entrepreneurs and those who need to work closely together.
All users of FutureSpace can also gain access to hi-tech boardrooms, training rooms and lounges.
The offices are equipped with ergonomically designed furniture including award winning seating. Any furniture can also be changed to the users’ exact preferences.
Businesses can also just hire meeting facilities only for the likes of strategic meetings and brainstorming sessions.
More details and bookings are available at www.futurespaceoffice.co.za.
Office Depot has announced the results of an educator productivity survey whose findings uncovered the minimum cost of US teacher time spent researching and buying supplies for their classrooms is more than half a billion dollars.
“We are proud to partner with public and private schools around the country to reduce educators’ out-of-pocket expenses and time spent sourcing classroom supplies through our classroom enablement programs and print services instructional materials solutions.”
The non-profit Center for College & Career Readiness and Office Depot’s Committed to Learning initiative recently surveyed more than 2 800 educators regarding purchasing and researching needed supplies for use in the classroom.
An average teacher’s salary is more than $55,000 per year (roughly $26 per hour) and there are more than 3.5 million full- time teachers in the US, therefore based upon the results of the survey, the costs of researching and purchasing classroom supplies could reach over $500 million.
A few key findings from the survey:
- Nearly 70% of respondents indicated that a central purchasing hub would save time and money when buying classroom supplies;
- 42% of the educators surveyed reported purchasing classroom supplies every month;
- More than 30% indicated they spend more than 10 hours every year researching and buying supplies for the classroom; and
- 50% of the educators surveyed preferred to purchase classroom supplies online.
Office Depot partners with school districts from Connecticut to California to bring strategic planning expertise and a team of education experts to help plan, produce and deliver classroom materials, allowing educators to save time in the classroom. Through www.officedepot.com, educators have access to an easy-to-use central purchasing hub that helps with streamlining buying decisions.
“These survey findings show the increased demand for educator support when it comes to researching and purchasing classroom supplies,” said Becki Schwietz, senior director of growth strategies for Office Depot.“We are proud to partner with public and private schools around the country to reduce educators’ out-of-pocket expenses and time spent sourcing classroom supplies through our classroom enablement programs and print services instructional materials solutions.”
Office Depot collaborates with school districts and other educational institutions through the company’s Committed to Learning initiative, which offers educators access to a national team of curriculum and instruction experts across disciplines. Through the Committed to Learning initiative, the company partners with school districts to meet their strategic goals by providing instructional solutions and access to experts that enrich the learning experience in the areas of personalized learning, project-based learning and innovative learning spaces, culture and wellness, instructional resources, and supplies.
When I was in fifth grade, my teacher distributed a list of school supplies every student needed to bring for the year. They included the basics like pens, pencils, paper, a gluestick, and a box of tissues for the classroom. I also had to purchase some oddities, like a pack of origami paper the teacher collected on the first week and I never saw again.
But the thing I remember the most was his insistence on not buying just any pair of scissors, but Fiskars. Fiskars, he told us, were really, really good and would last us many years, so it was pointless to buy anything else.
I didn’t end up buying Fiskars scissors at the time. My parents, quite reasonably, thought it was weird that my teacher asked every student to bring high-quality scissors to school.
But years later, when I got an Amazon Prime account and the majority of my purchases came wrapped in plastic and in a cardboard box, it was time to buy some scissors. Having a good pair makes more sense than stabbing my pen into the tape and dragging it, tearing things with my bare hands, and getting frustrated with clamshell packaging. So I remembered my teacher’s enthusiasm and bought (on Amazon, naturally) a pair of stainless steel Fiskars scissors, with a sharp blade and a soft grip.
It transformed my life.
The scissors are sharp, well-built, and feel sturdy in my hand. Using them is immensely satisfying. Until I had scissors I loved, I didn’t realize just how useful scissors are. I use them to open packages of food I’d otherwise tear open with my hands, cut threads when I need to sew a button back on a shirt, precisely size pieces of tape, and everything else.
I’ve had other scissors before, of course, but they weren’t like this. My older, cheaper pairs weren’t as sharp or strong, and using them would result in jagged edges, require greater force, and just didn’t have that satisfying snip. With my Fiskars, cutting is a joy. The imperfect results I used to get are now only perfect, but easy.
Fiskars is really good at designing scissors because they’ve been good at designing household items for about 400 years. The company was founded in 1649 in its namesake Finnish village, first as an ironworks shop. By the early 1800s, they had machines manufacturing everything from cutlery to steam engines. Its scissors are its flagship products.
Their most celebrated design element is the orange handles, first created in 1967 when they acquired a surplus of plastic left over from a juicer production. They’ve sold more than a billion of them since. My scissors are grey instead of orange, but it cuts just as well.
Fiskars also makes more specialized scissors, like ones for fabric and table-top cutting. But the standard eight-inch stainless steel softgrip scissors are so good, I can’t imagine needing anything else.
By Jacob Shamsian for www.businessinsider.com
Staples has announced that it plans to sell its Australian and New Zealand business to Platinum Equity for an undisclosed amount.
“As we execute our plan for long-term growth we want to focus primarily on our Staples’ North American business, and this will allow us to better do that,” says Shira Goodman, Staples chief executive, in a statement.
Shares of Staples rose 0.8% to $8.64 after hours.
By Wallace Witkowski for www.marketwatch.com
Henkel has entered into exclusive negotiations with GCP Applied Technologies to acquire their global Darex Packaging Technologies business for $1,05-billion.
“The intended transaction is in line with our strategy to strengthen our portfolio through targeted acquisitions and would reinforce the position of our Adhesive Technologies business as a global market and technology leader”
Henkel has submitted a binding offer for the Darex Packaging Technologies business. Darex is based in Cambridge, MA, USA and supplies high-performance sealants and coatings for the metal packaging industry around the world. It serves various global customers producing beverage, food or aerosol cans, ensuring with its solutions the highest quality standards for many best-known brands. In fiscal 2016, Darex Packaging Technologies generated sales of around $300-million. Darex has about 700 employees and 20 sites in 19 countries.
“The intended transaction is in line with our strategy to strengthen our portfolio through targeted acquisitions and would reinforce the position of our Adhesive Technologies business as a global market and technology leader,” said Henkel CEO Hans Van Bylen.
“We are excited about the opportunity to add the high-performance Darex business to our existing Adhesives Technologies portfolio. We are glad that we are now entering into exclusive negotiations about a possible acquisition. Darex’s experience in developing innovative, high-performance sealants and coatings will underpin our commitment to provide our global customers with best-in-class solutions. This business is the perfect fit for our existing portfolio serving the metal packing industry and would therefore strengthen our position in this highly attractive and non-cyclical business. We would be happy to welcome to Henkel such a successful and experienced strong team with long-standing business expertise,” says Jan-Dirk Auris, executive VP Adhesive Technologies at Henkel.
In connection with this binding offer, GCP will begin a consultation process with the relevant Works Councils and Labor Unions. Upon completion of that process, it is intended to enter into a definitive purchase and sale agreement in respect of the proposed sale. The proposed transaction will also be subject to customary closing conditions, including regulatory approvals.
In fiscal 2016, Henkel’s Adhesive Technologies business unit generated sales of around $9,4-billion, making Henkel the leading solution provider for adhesives, sealants and functional coatings.