Poll: 2020s Copier Channel Expectations
Predicting More Growth in 2020s
The 2010s was a decade of change. From our annual salary surveys, we’ve seen increases in compensation, changes in workforce distribution, shifting demographics, and increasing personnel shortages. From our news stories, we’ve seen quite a few mergers and acquisitions among OEMs and independent dealerships; shakeups and scandals, layoffs, and more! So we were curious to hear what your 2020s Copier Channel expectations were. We had a solid turnout of 7,499 votes this month!
Most of you expect to see continued growth and evolution (51%) in the next decade! Another 29% predict continued consolidation, whether through mergers or outright acquisitions. After that, we had a big drop-off with 11% expecting continued personnel shortages, 8% predicting more disruptive innovations, and only 1% expecting little-to-no change in the coming years.
Here are the full results:
What do you expect for the Copier Channel in the new decade?
- Continued growth & evolution (51%, 3,819 Votes)
- More mergers/acquisitions (29%, 2,200 Votes)
- Increased personnel shortages (11%, 789 Votes)
- Disruptive innovations (8%, 619 Votes)
- Little to no change (1%, 72 Votes)
Loading …Some comments from y’all:
- “More of the same. Mergers and buyouts from the large companies.”
- “Owners and sales will continue to rake in the profits while service personnel will continue to receive little or no wage increases. There is little trust in management among technicians. The old adage stands. How do you know if your boss is lying? His lips are moving.”
- “You’ll see quite a bit of consolidation, and I believe some blue bloods going the way of Blockbuster.”
- “Many people are taking early retirement packages and leaving. Companies are trying to replace them with low wage workers while continuing to take on more high tech ventures. Unless compensation rises to a level that attracts skilled people the industry will find itself with a personnel shortage by the end of the decade.”
- “The path our corporate company is taking us does not appear to be the right one. I am not optimistic on job security in the next 2-3 years.”
- “We are being inundated with dealers selling the same products and profit is hurting. Never before has cost been this large an issue, the big problem is ownership with bumps and increase lease rates. We lose to other dealers because their sales cost is lower than ours. It would be nice to be on an even playing field.”