• Shurimal@kbin.social
    link
    fedilink
    arrow-up
    73
    ·
    10 months ago

    Prime example that for a publicly traded company the people buying the products are not customers for whom to create value, but a resource to extract value from.

    Shareholders are the real customers for whom they create value.

    • maness300@lemmy.world
      link
      fedilink
      English
      arrow-up
      16
      arrow-down
      5
      ·
      10 months ago

      The entire point of maximizing profit is charging the most while expending the least.

      It’s a game of seeing how low people’s standards are and trying to lower them even further.

      As customers, the secret is to have higher standards. Unfortunately, this generation prides itself on avoiding conflict at all costs so they just take it up the ass and beg for more.

    • jballs@sh.itjust.works
      link
      fedilink
      English
      arrow-up
      8
      ·
      10 months ago

      “Every time a customer buys a printer, it’s an investment for us. We are investing in that customer, and if that customer doesn’t print enough or doesn’t use our supplies, it’s a bad investment.”

      You hit the nail right on the head. They don’t see their customers as people buying their products, where they typically would be incentivized to deliver a good product at a good price. Instead, they see their customers as people being trapped into some sort of shitty subscription with them, like a cable or cell phone provider.

    • Classy@sh.itjust.works
      link
      fedilink
      English
      arrow-up
      5
      ·
      edit-2
      10 months ago

      My HP 1300n is a beautiful beast of a printer, but I also got it for free and have never put name brand toner in it.

      An HP cart is over $200! Meanwhile TrueImage offers theirs for $15/pc.

  • ShittyBeatlesFCPres@lemmy.world
    link
    fedilink
    English
    arrow-up
    42
    ·
    10 months ago

    The first thing they teach you in CEO school is to churn out terrible products with DRM subscription refills where the DRM doesn’t survive more than an hour. That’s why we CEOs all have Juiceros, HP printers, and children who respect us.

  • SeaJ@lemm.ee
    link
    fedilink
    English
    arrow-up
    38
    ·
    10 months ago

    Exhibit B on CEOs not being worth the obscene money they make. This dude made $20 million in 2022.

  • CodeName@infosec.pub
    link
    fedilink
    English
    arrow-up
    29
    ·
    edit-2
    10 months ago

    And consumers not being able to choose which ink they purchase makes HP printers a bad investment. It goes both ways. It was nice of them to admit what lengths they’ll go to to force us to use their proprietary ink cartridges though.

    • NightAuthor@lemmy.world
      link
      fedilink
      English
      arrow-up
      1
      ·
      10 months ago

      I think printer purchasers are an “investment” to the company because they are a loss leader (or close to it)…. Low to no margin to pull you into the shitty ecosystem.

  • restingboredface@sh.itjust.works
    link
    fedilink
    English
    arrow-up
    26
    ·
    10 months ago

    I don’t get why HP continues selling in the consumer market if they are struggling so much to make a profit.It seems like they are trying to force a business model on the wider market that doesn’t work.

    The subscription model makes more sense in the B2B world where companies just want fixed costs without doing too much shopping around (for things like printer cartridges anyway).

    • GhostMatter@lemmy.ca
      link
      fedilink
      English
      arrow-up
      3
      ·
      edit-2
      10 months ago

      Because this is the HP that’s focused on consumers, that’s their business. The enterprise segment was spun off in to Hewlett Packard Enterprise. They do have commercial printers, but it’s not that much larger of a business for them than home printer, from what I can gather.

    • BleatingZombie@lemmy.world
      link
      fedilink
      English
      arrow-up
      3
      ·
      10 months ago

      Maybe they think there’s a large untapped market for home businesses, but I don’t think there are a lot that need to print frequently

    • abhibeckert@lemmy.world
      link
      fedilink
      English
      arrow-up
      5
      arrow-down
      1
      ·
      edit-2
      10 months ago

      You say that like it’s a bad thing?

      When I buy a jar of peanut butter, if I have a good experience eating it I’m going to buy that brand again. “Investing” in your customers is business speak for making sure your customers have a good experience.

      The disconnect here is HP doesn’t seem themselves as being in the “printer” business. They see themselves as being in the ink/paper/repairs business… and they advertise their printers as costing 8.6 cents per page. If you’re happy to pay that much, then I’d argue HP probably is a good choice.

      Personally I use a basic Brother laser printer, with cheap paper and cheap toner it comes in at around 1 cent per page. When I need higher quality, I get it printed by a professional printer - those cost quite a bit more than HP’s pricing but I don’t do it often and it’s much higher quality than any (affordable) HP printer.

      • mindlight@lemm.ee
        link
        fedilink
        English
        arrow-up
        4
        ·
        10 months ago

        Investing in customers is not necessarily the same as customers being investments.

        I would argue that HP made bad investments in their customers and their customers not being bad investments.

  • ulterno@lemmy.kde.social
    link
    fedilink
    English
    arrow-up
    22
    ·
    10 months ago

    if the customer does not print enough

    Meaning all home users are a bad investment for HP.

    That explains the ink cartridges malfunctioning before giving enough prints. That’s been engineered into them.

  • MudMan@kbin.social
    link
    fedilink
    arrow-up
    23
    arrow-down
    1
    ·
    10 months ago

    I wonder when someone will come up with a hipstery, fancy-looking printer that sells on the basis of “we don’t give a crap about all that, here’s a bag of ink refills, just pay us more up-front”.

    All the tech startups are out there trying to get you into a subscription, I think we’re getting to the point where this is annoying enough that you could sell very expensive, fashionable small-run hardware to people on the basis of not being this.

    • Skyrmir@lemmy.world
      link
      fedilink
      English
      arrow-up
      25
      ·
      10 months ago

      They’re called laser printers. Ink is for idiots, especially if you only print once in a while.

    • assembly@lemmy.world
      link
      fedilink
      English
      arrow-up
      12
      ·
      10 months ago

      I’ve been told that this is Brother Printers but I don’t own one as I no longer need a printer. Not sure how accurate but quite a few folk claim Brother is the last bastion of just buying and using a printer with whatever ink you put through it.

      • Maestro@kbin.social
        link
        fedilink
        arrow-up
        9
        ·
        10 months ago

        I have a Brother laser printer. I print a lot. It just works, it’s cheap and you can use off-brand toner. It’s great!

        • harmsy@lemmy.world
          link
          fedilink
          English
          arrow-up
          4
          ·
          10 months ago

          I bought mine a few years ago, and I’m still on the original toner cartridge.

      • WallEx@feddit.de
        link
        fedilink
        English
        arrow-up
        5
        ·
        10 months ago

        Yep, i work in it, and for small Printers brother is the only good Option.

  • perviouslyiner@lemmy.world
    link
    fedilink
    English
    arrow-up
    22
    ·
    edit-2
    10 months ago

    What investment are they making in customers? Are they selling something at a loss? Should the FTC BoC ask what exactly they mean here?

  • Evotech@lemmy.world
    link
    fedilink
    English
    arrow-up
    17
    ·
    10 months ago

    Hp just trying to save the environment by making home printing as painful as possible. It really is a 4d chess move

  • ohlaph@lemmy.world
    link
    fedilink
    English
    arrow-up
    17
    ·
    10 months ago

    He’s not wrong. They are bad for their product as a subscription model.

    Just like anyone who still buys HP. If you buy HP, you deserve their absolute garbage products.