Have you ever found yourself sifting through a bulging file or computer folder full of print estimates, trying to remember which option was which? Juggling a big pile of options and estimates can be an unwieldy mess!
Print Estimate Strategies
To head off estimate chaos—and lessen the hours this part of the print management process will take—I work with the designer and account manager to plan a print estimate strategy. Ideally this conversation takes place before pricing and initial design directions are developed and presented. It’s best to share and discuss the plan with the client early on.
I suggest starting with three options: think of them as the economy car, the mid-size sedan, and the luxury model.
Reviewing these three price points can help the client zero in on their price range. When I’m pricing these first three design options, I also ask for a range of quantities to be priced, as it’s easy for printers to price all the quantities at this time.
Zeroing in, narrowing down
The first round of price-range bids is a good time to compare pricing from more than one printer. I will often award the job after this initial round of bidding, then work with the selected vendor to fine-tune the pricing on the selected direction. Although competitive prices are important, I also take into consideration vendor skill set and creativity, a proactive, partner-like approach, and the amount of work the printer has done on the project during the estimating phase.
It’s far easier to zero in on finalized pricing after the number of options and bidders has been narrowed down. And, knowing they have won the job, quality reps will throw themselves into the fine-tuning with enthusiasm!
Of course the tricky part comes when a client falls in love with the luxury model design, but wants to pay the economy car price! That’s OK, though. Brainstorm with the rep and designer to find ways to achieve the more expensive look with creative price-cutting techniques, such as using 4-color-process builds instead of spot colors where possible, substituting a less expensive paper, or changing the size slightly for the most efficient fit on press.
Trust is key
Chaos can sneak back into the picture if the client wants another revised estimate for every small design change. This is less likely to happen if you’ve built expectations early and reassured the client that finalized bids will be presented once the design details are near-final or final. Many clients are comfortable with this approach, especially when they see evidence that the design team is being careful to work within the defined budget constraints.
In my experience, trust grows when everyone is upfront about costs. Talk about money early and often so there are no surprises, and estimating chaos will likely be averted.


5 comments
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July 1, 2009 at 1:31 am
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July 2, 2009 at 9:33 am
printwit
You say:
Absolutely! I make this point repeatedly among both clients and associates.
I’ve only read a few of your articles but I’ve appreciated both your information and writing in each of them. Keep up the good work.
July 2, 2009 at 4:55 pm
naniprints
Thanks for your note and for the compliment. I’m so glad you’re enjoying the Printing Disasters blog. Please comment anytime! ~Nani
July 2, 2009 at 1:14 pm
sophwell
These are great tips. I will add that from the perspective of the printer(s) involved, that big folder of options represents a big investment of their time as well.
Say your client wants to quote three different quantities. That’s three quotes for the printer to estimate. If you add an option for three paper choices, the printer now has nine prices to present. If you are deciding between two bindery options, you are asking for eighteen prices. If you put this out to bid with three printers, expect to get fifty-four prices.
You said you needed these numbers for the client presentation tomorrow morning?
Showing some restraint when asking for estimates saves time for everyone and allows you to get the numbers faster. Once the client has a feel for the pricing, you can go back for requotes based on real specifications rather than a grocery list of options.
Jamie Bradley
http://www.sophwell.com
July 2, 2009 at 4:54 pm
naniprints
Hi Jamie, these are excellent additions to the topic and very good points all. I’m always so glad for comments that paint a fuller picture than what I could cover in one post!
Sometime I’ll write one called, “Tell me, do YOU like to work for free?” I think it’s really important to not take undue advantage of vendors and to try to work with them efficiently. As you’ve said, estimating is a LOT of work, which most printers are pretty gracious about as long as they do win the project now and then. But I try never to quote with any printer who I know I wouldn’t give the job to.
Another way to get an idea for pricing is to ask a printer to price an existing piece the client had done in the past, or a piece they especially like. This can begin to sketch out a price point, too. ~Nani