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 Replies: 24 / Views: 4,445 |
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Moderator
 United States
188770 Posts |
Quote:
Dansco seems like a company that manages to stay in business in spite of what seems like their best efforts not to. The bulk of their revenue comes from corporate clients. The coin album business is falling (has fallen) off of their radar.  |
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Bedrock of the Community
United States
20753 Posts |
Companies make or carry merchandise that sells enough to make it worth while money wise. Just as a regular store keeps track of what sells, so do companies like Dansco. Low sales, drop the product. Type sets are only popular with a small amount of collectors otherwise those Albums would be selling more.
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Moderator
United States
188770 Posts |
Whitman (f.k.a. H.E. Harris) needs to license or buy the rights to the Dansco album. Whitman can handle design, marketing, and distribution while contracting the manufacturing to Dansco. Whitman would become another one of Dansco's big corporate clients. I think the problem is Dansco just wants to make the product, but not hassle with the other things.
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Pillar of the Community
United States
1388 Posts |
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The bulk of their revenue comes from corporate clients. What do they do besides make albums? I always imagined them as this coins-only company. |
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Pillar of the Community
United States
2543 Posts |
The bulk of their business is corporate binders. Quarterly reports for shareholder meetings. Custom embossed binders for special presentations.
If you buy a 7070, you fill it and spend the rest of your life finishing it or upgrading it. You don't run out and buy another when it is full, a one time sale. Corporations have yearly shareholder meetings. Look at Las Vegas, at any one time, there are thousands of company conventions going on. With tens of thousands of people being issued special embossed binders containing itinerary and other company information.
Leather menu covers in high end restaurants etc ..... etc. This is repeat business, their bread and butter
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Moderator
United States
188770 Posts |
Yup, which is why it would be better if Whitman took over. Whitman would be another repeat customer for them.
The best explanation for the lack of a new 7070 is that no one at Dansco wants to (or is able to) do the redesign/update of the layout. They will not make them with the old layout because they fear everyone is waiting on the long anticipated new one. They fear that no one will buy them, sticking them with inventory.
Really, it is time for Whitman to step in. Whitman used to be called H.E. Harris, another album maker. Harris bought Whitman and took the name (as it had a stronger reputation). They could do the same with Dansco, at least the rights to design, market, and distribute the Dansco World Coin Library albums. Dansco (the company) can still do the manufacturing, it is what they do best. Let another take over the "hard work" they do not want to do.
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New Member
United States
10 Posts |
CAPS Albums makes a 1800's Type Album, and a 1900 & 2000's Type Album. Whitman makes a 20th Century Type Album. Dansco hasn't made the 7070 for about four years.
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CCF Advertiser
United States
1533 Posts |
Sell a $20 album, seeya again in 30 years. What a crappy business. No wonder they decided to get out of it.
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Pillar of the Community
United States
1911 Posts |
Basically, get the 7070's before they all disappear in the next 10-20 years (like the foreign type albums from 40-50 years ago I am searching for).
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Pillar of the Community
United States
7840 Posts |
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What do they do besides make albums?
I always imagined them as this coins-only company.  |
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Moderator
United States
188770 Posts |
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Pillar of the Community
United States
1054 Posts |
Time for Whitman to step up to the plate and take over the type album market. And I'm not talking about some 20th century only folder. I mean the "real deal".
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Moderator
United States
188770 Posts |
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Pillar of the Community
United States
2543 Posts |
Whitman needs to make better looking albums. No one wants to keep their life's accomplishments on a shelf in ugly looking albums.
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Moderator
United States
188770 Posts |
I am pretty sure Whitman no longer makes their albums, they are produced overseas (China?). Can anyone confirm?
Again, I think Whitman should consider contracting Dansco to make the Dansco albums. Whitman can handle the design, marketing, and distribution logistics that Dansco clearly does not want to handle.
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Replies: 24 / Views: 4,445 |
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First Page
Posted 04/09/2016 10:34 pm
