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HubCast is saving us $10,000 a year on our employee newsletter alone.
Pioneer Investments, recognized throughout the world for its innovative financial services, is equally innovative with its marketing programs. For the international division, based in Dublin, that means supplying local offices with print materials to support frequent marketing campaigns and sales events. But, as the cost of shipping increased, it consumed more and more of the print budget, limiting the production department’s ability to deliver accurate, consistent, and timely materials within budget. “We have an international client base and everything needs to be air freighted out of Ireland,” explains Kevin Leavy, marketing manager. “We were getting hammered on freight.”
Pioneer Investments looked for a solution that would enable them to print outside of Ireland and deliver globally, while continuing to manage projects from their Dublin offices and maintain their standards for quality. Initiating contact through its Boston office, Pioneer Investments found HubCast’s Cloud Print Service.
Now Pioneer Investments is:
Pioneer Investments is a global investment firm with an experienced team of 2,100 employees in 31countries around the world, and approximately €172 billion in assets under management.Headquartered in Milan, the company maintains investment centers in Boston, Dublin, Milan, and Singapore, supported by regional investment centers and sales and marketing offices in host countries around the globe.
Innovation has always been at the core of Pioneer Investment’s growth and culture. Founded in 1928, the company was at the forefront of the establishment of the modern mutual fund industry in the United States; its flagship mutual fund, Pioneer Fund, is the third-oldest mutual fund, and Pioneer Investment is leading the industry in the development of the mutual fund market in Europe, Russia, and India.
The production department in Pioneer Investment’s international division is responsible for keeping sales and marketing materials flowing to local offices around the world. Working closely with an in-house design team, they were printing materials locally in Ireland and shipping, as needed, to global offices from Latin America to Russia, from Singapore to Spain. But, as the company re-evaluated expenses and focused on efficiencies, it became readily apparent that the cost of shipping materials was straining the print budget.
“Shipping was consuming up to twenty-five percent of our project budgets,” states Leavy. “For every marketing campaign we introduced, we needed to print materials in multiple languages and ship small quantities to local offices around the world. To reduce shipping costs, Pioneer Investments tried local printers outside of Dublin. “We had four or five printers that handled print for specific local offices, but each printer’s press was calibrated slightly differently and as a result our corporate colors differed on each print run. The company made a major investment to develop our brand, so it’s important that we represent it consistently in our print materials.”
I needed to find a way to reduce print costs while continuing to ensure the consistency and quality of our materials. I knew if could find a printer that could deliver globally, I would cut costs.”
“HubCast’s Cloud Print Service gives us the advantage of printing locally in each of our host countries. They have local printers in as many countries as we have offices, so I print close to where we will use the materials and I don’t have to pay shipping costs,” explains Leavy.
Pioneer Investments uses HubCast’s Cloud Print Service for a range of print materials including, newsletters, flyers, gift cards, and invitations. “HubCast is saving us $10,000 a year on our employee newsletter alone,” explains Leavy. HubCast prints and distributes the quarterly newsletter to every Pioneer Investments office worldwide. “We save money on every print run.”
HubCast’s quality control protocol enables Leavy to maintain his strict quality standards. “Every HubCast printer uses the same calibrated press and the same paper, so whether we print in Vietnam or Vancouver our corporate colors print consistently. HubCast gets our colors right and that’s very important to us.”
Using HubCast’s online portal, Leavy continues to manage worldwide print production from his office in Dublin. “HubCast’s website is easy and convenient. I just upload the .pdf, input my print and delivery requirements, and HubCast does the rest. It’s all done on my schedule,” states Leavy.
“We definitely see a cost savings with HubCast’s Cloud Print Service,” concludes Leavy. “We’ve maintained the quality and consistency of our print materials and eliminated the expense of shipping. HubCast’s Cloud Print Service is definitely the way to go”