Comments on: Will digital signage businesses survive during this economic downfall? http://www.digitalsignageblog.com/2008/10/08/will-digital-signage-businesses-survive-during-this-economic-downfall/ Digital signage blog - the blog of digital signage Fri, 27 Jan 2012 09:21:22 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: DigitalSignageBlog http://www.digitalsignageblog.com/2008/10/08/will-digital-signage-businesses-survive-during-this-economic-downfall/comment-page-1/#comment-1094 DigitalSignageBlog Tue, 04 Nov 2008 11:05:11 +0000 http://www.digitalsignageblog.com/?p=164#comment-1094 This week we received notification from one of our supplier that they will be increasing their product prices due to substantial increases in costs and the current economic climate - it was bound to happen. We also received news that Wireless Ronin announced that it has reduced it's workforce by 35. For the full article visit <a href="http://www.marketwatch.com/news/story/Wireless-Ronin-Announces-Workforce-Reduction/story.aspx?guid={3A0B724E-0CA8-4B40-BAC9-1A8A0308277C}" rel="nofollow">http://www.marketwatch.com/</a> This week we received notification from one of our supplier that they will be increasing their product prices due to substantial increases in costs and the current economic climate – it was bound to happen.

We also received news that Wireless Ronin announced that it has reduced it’s workforce by 35. For the full article visit http://www.marketwatch.com/

]]> By: DigitalSignageBlog http://www.digitalsignageblog.com/2008/10/08/will-digital-signage-businesses-survive-during-this-economic-downfall/comment-page-1/#comment-1013 DigitalSignageBlog Sun, 02 Nov 2008 12:16:10 +0000 http://www.digitalsignageblog.com/?p=164#comment-1013 In the past two weeks, I've noticed that several businesses in Australia have increased prices on their products. I hope prices will come down in the next couple of months as it may now be more difficult to win clients if prices are high. In the past two weeks, I’ve noticed that several businesses in Australia have increased prices on their products. I hope prices will come down in the next couple of months as it may now be more difficult to win clients if prices are high.

]]> By: Shriranga http://www.digitalsignageblog.com/2008/10/08/will-digital-signage-businesses-survive-during-this-economic-downfall/comment-page-1/#comment-610 Shriranga Tue, 21 Oct 2008 12:02:51 +0000 http://www.digitalsignageblog.com/?p=164#comment-610 The current economy is obviously a challenging time for the advertising sector in general which will have a high impact in the digital signage space. Like in any bad times there are also opportunities for many niche companies that are able to provide good value. If digital signage media owners in the Out Of Home sector who are able to provide low rates and good value (High visibility) as compared to other traditional mediums like TV, Print & Radio. With reducing ad spends (There is talk of ad budgets getting reduced by 50%), ad spenders will look at alternative mediums with good visibility. The overheads and costs are low as compared to other traditional mediums and this should help the digital medium to gain more prominance amongst ad spenders also. The current economy is obviously a challenging time for the advertising sector in general which will have a high impact in the digital signage space. Like in any bad times there are also opportunities for many niche companies that are able to provide good value. If digital signage media owners in the Out Of Home sector who are able to provide low rates and good value (High visibility) as compared to other traditional mediums like TV, Print & Radio. With reducing ad spends (There is talk of ad budgets getting reduced by 50%), ad spenders will look at alternative mediums with good visibility. The overheads and costs are low as compared to other traditional mediums and this should help the digital medium to gain more prominance amongst ad spenders also.

]]> By: DigitalSignageBlog http://www.digitalsignageblog.com/2008/10/08/will-digital-signage-businesses-survive-during-this-economic-downfall/comment-page-1/#comment-604 DigitalSignageBlog Tue, 21 Oct 2008 07:07:50 +0000 http://www.digitalsignageblog.com/?p=164#comment-604 We've been informed that two companies have gone bust: Reactrix - this a USA based company which provided interactive digital signage Novax - this is a French digital signage company in Pharmaceutical industry We'll add more to the list as we get more information sent to us. We’ve been informed that two companies have gone bust:
Reactrix – this a USA based company which provided interactive digital signage
Novax – this is a French digital signage company in Pharmaceutical industry

We’ll add more to the list as we get more information sent to us.

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