Well, I say
this because I recently had to reorder checks and the cost of my reorder – for
300 pages (of 3 checks on a page) was around $90.00. A page of three checks, size-wise, is a bit
less than an 8 ½ x 11 sheet of paper. If
I subtract the cost of the box and UPS charges, the cost of the checks came to,
say, around $80.00. Divide $80.00 by 300
(sheets), and you arrive at the math that each
printed sheet cost approximately $0.267.
Compare that to what you get – per page – for
printing a spec book. !!!%#$%&!!!
Deluxe Corporation, I think, is the largest
U.S. printer of checks. Last year (2013)
Deluxe (NYSE: DLX) reported sales of $1.584 billion and pre-tax income of
$186.65 million, around 11.7% pre-tax.
Not bad, huh.
CEO Lee Schram pulled down a bit more than
$3.1 million in compensation last year (per Reuters.com).
Posts
Of course, many people (like myself) pay most bills online. I wonder how much the check printing industry has declined over the past several years and where its going.
ReplyDeleteOn another note, I don't think banks specifically require customers to use a certain company to get checks, but they definitely push one, keeping smaller companies locked out.