I used to have an office in Santa Ana near an area that was districted primarily for print shops. I poked my head into a few and found one place (of course I have no idea what the name is...) that had pricing that was well below anything you could find online - and that for serious quality print jobs. They only did full color, and you had to do all your own pre-press, but the price couldn't be beat and the turnaround was always 7 days. I used them on countless occasions.
I would recommend checking your local yellow pages and finding where all the printers are, and then doing some legwork.
I did find, however, that the places that brought us actual business where we left flyers and business cards were few and far between. After a few months, we ended up reducing our costs greatly by only seeding the areas where people seemed to take real interest - which also happened to be the areas that were most friendly to us dropping off stacks of flyers and business cards.
It wasn't a lot of business that we gained, but after 2 customers, it was all profit - as the printing had paid for itself. It's better if you go to places that you frequent yourself, since a stack of promotional materials in disarray might just look like trash or junk to customers.
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