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Vistaprint

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Vistaprint
IndustryE-commerce
Founded1995Edit this on Wikidata
FounderRobert Keane
HeadquartersVenlo,Netherlands
Key people
Florian Baumgartner
Productsbusiness cards, marketing materials, signs & posters, invitations & stationery, clothing & bags, digital market products, promotional products
ParentCimpress(1999 or 2000–present)
Websitehttps:// vistaprint

Vistaprintis a global e-commerce company that produces physical and digitalmarketingproducts for small businesses. Vistaprint was one of the first businesses to offer its customers the capabilities ofdesktop publishingthrough the internet when it was launched in 1999. Vistaprint is wholly owned byCimpress plc,a publicly traded company based inIreland.[1]

Business

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The company is based inVenlo, Netherlands,and employs over 5,100 employees in its 13 offices and printing facilities.[2][3]

History

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Robert Keane founded a company inParisin 1995 called Bonne Impression, a direct marketer of desktop publishing software and pre-printed laser-printer-compatible specialty papers for printing brochures, stationery, and business cards, particularly for small businesses. In 1999, the company adopted an internet-based business model and changed its name to Vistaprint.[4][5]

In September 2005, the company filed itsinitial public offeringand began trading on theNasdaq.[6]It opened a European office inBarcelona,Spain, in September 2006,[7]and in 2009 relocated to the Netherlands.[8]

In November 2014, the company announced it would reorganize; Vistaprint continued operating under the Vistaprint brand while the parent company rebranded to become Cimpress.[9]As a result of the change, the company'sticker symbolwas changed from VPRT to CMPR.[10]

In November 2016, Cimpress announced that it would be opening a manufacturing facility inReno, Nevada.The facility came to serve more than 20 brands, Vistaprint being one.[11]

In August 2018, Vistaprint announced that it would expand its presence in North America with a new facility inDallas, Texas.[12][13]This was to be the second manufacturing facility in the United States. Vistaprint planned to have manufacturing fully completed by 2023.[14]

In October 2021, Vistaprint acquired Crello and its parent company,Depositphotos,for a total price of $85 million. After the acquisition, Crello was rebranded toVistaCreate.[15][16][17]

In January 2023, VistaPrint announced that Florian Baumgartner would succeed Robert Keane as CEO as of February 1, 2023.[18]

Printing process

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Orders are processed online and jobs are printed using a formula based on type of job,paper stocktype,print runquantity, finishing (if any) and ship-by dates, among other factors.[19][20]User-selectable options are minimized, printing standard types of printed materials, such as business cards or postcards. Within each category, only specific sizes, paper stocks and ink colors are supported. This results in higher numbers of similar jobs which can be ganged together.Changeovertime is reduced because there's less need to change paper or inks between jobs.[21]

Self-servicedesign, proofing and ordering are handled at the front-end through the web, with controlled printing, cutting, packing and dispatching handled at the back-end throughprinting plants.[22]Cimpress' process involves multiple software components, and the management of multiple production components, in an end-to-end productionworkflowfrom "click to ship".[23]Vistaprint isvertically integratedwith production facilities for North America in Windsor, Ontario,[24]and for Europe in Venlo, Netherlands.[25][26]The company uses presses such as theManroland700 as part of its printingassembly line.[27][28]

Computer-integrated manufacturingtechniques help minimize human intervention and labor costs.[29]Using browser-based desktop publishing environment, customers design andproofreadthe job. Jobs are routed for printing without intervention. The printing is done in a single pass on automated, high-volume, large-format presses. Once printed, the products are cut down to size using a computerized robotic cutter, assembled, packaged and addressed using proprietary software-driven processes, and shipped to the customer.[30]

In a form ofmass customizationusing as little as 60 seconds of production labor per order versus an hour or more for traditional printers, orders are printed faster and at lower costs than traditional printers.[21]Their strategy is to target small-run orders usually excluded from conventional large printers.[20]

Patents

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One of the company's early hires was an in-house patent attorney.[31]Vistaprint currently holds over 100 patents worldwide[32]and has stated its objective is to lay a "minefield of patents". Vistaprint actively pursues companies that happen to infringe on one of its many patents.[33]

In 2006, the company filed apatent infringementsuit against Print24 GmbH and UnitedPrint AG. A German court ruled in favor of Vistaprint in July 2007.[34]However, after appealing, the German Federal Patent Court ruled in favour of Unitedprint, rescinding Vistaprint’s controversial software patent in March 2009.[35]

Separately, in May 2007, Vistaprint filed a patent infringement suit againstTaylor Corporationsubsidiaries 123Print and DrawingBoard.[36][needs update]

Partnerships

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In 2007, a strategic partnership was announced withOfficeMaxto provide an in-store station in up to 900 OfficeMax stores in the US and Mexico.[37][38]OfficeMax ImPress is an OfficeMax-branded web site for small business printing based on Vistaprint technologies. In 2008, Vistaprint announced a strategic partnership withIntuit,a supplier ofaccounting software,tying their service into Intuit'sQuickBookssoftware using an Intuit-branded web site.[39]In 2009, the company also announced it will supply services for the FedEx Office brand.[40]The company announced in 2012 that it had entered into a strategic partnership withStaples Inc.[41]Vistaprint is also the officialjersey sponsorfor theBoston Celticsof theNational Basketball Association( NBA ).[42]Vistaprint becameWrexham A.F.C.'s sleeve and back-of-shirt sponsor.[43][44]

Controversies

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Rewards program

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In the US, Vistaprint was accused[by whom?]of enrolling customers intoVertrue's paid-membership reward plan without the customer's agreement. Credit card details were passed on to Vertrue (formerly Memberworks Incorporated) by Vistaprint, and charges were then made on those credit cards by Vertrue allegedly without the owner's consent. Numerous complaints were received byConsumerAffairs[45]and The Better Business Bureau by consumers objecting to these charges including the complaints of still being charged after canceling and that more than a year after cancelling membership, the charges began again.[46]

Vistaprint's partnerships in theUnited Kingdomhave attracted criticism.[47][48]Critics[who?]have stated that Vistaprint's customers are enrolled without their knowledge in areward voucheroperated by an associated company, VPrewards, at a cost of GB£9.95 a month, and that no information is provided to customers subsequently. Additionally, it is up to the customers to detect the fact that they have been enrolled as members and to cancel unwanted membership.[49]

In August 2008, four class-action lawsuits were filed against Vistaprint. The four complaints alleged that the defendants were in violation of the Electronic Funds Transfer Act (which protects from unauthorized charges) and the federal Electronic Communications and Privacy Act (which prohibits the unlawful access of financial information) for charging relatively small amounts from customers accounts "hoping that consumers just won't notice."[50]

On November 30, 2009, the company announced that it had terminated its contract with an affiliate of Vertrue Inc., effective December 20, 2009, and that, it had ended all membership rewards or similar programs.[51]

ASA investigations

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In 2011, following complaints from UK customers, theAdvertising Standards Authority(ASA) investigated pricing irregularities on Vistaprint's UK website and leaflet distributions.[52]The ASA also upheld a complaint that Vistaprint was misleading customers in its £40 worth of printing for a £10 spend promotion.[53]

Discriminatory mix-ups

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In 2018, a recently married gay couple sued Vistaprint after they received anti-gay pamphlets, "Understanding Temptation: Fight the good fight of the faith", instead of the wedding programs they had ordered.[54]Vistaprint CEO, Trynka Shineman, said that the wedding programs and the flyers were printed at the same time, and that the wrong shipping label was put on the boxes by a third-party partner. Vistaprint resolved the matter with the couple and the lawsuit was dropped, with an apology to the couple and donations to LGBTQ organizations.[55]

In June 2020, two fundraisers forBlack Lives Matterfound that their order for Black Lives Matter posters also came withAll Lives Matterposters. In an interview with Buzzfeed News the customer said "this felt like very, very clear attempts to undermine our message and undermine the message we’re trying to put out". A Vistaprint representative said that an internal investigation "found that it was an error in the automated packaging process which combined two separate customer orders."[56]In response, the customers said that they are skeptical of the explanation, especially since the LGBTQ incident in 2018 made this seem less like a one-off.

Security Lapse

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In November 2019, security researcher Oliver Hough discovered an exposed database on the internet belonging to Vistaprint. The company quietly took the database offline afterTechCrunchreached out to inform them about the discovery. Robert Crosland, a spokesperson for Vistaprint, said in a statement that the exposure affected customers in the US, the UK and Ireland.[57]

See also

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References

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  1. ^Adams, Dan (17 November 2014)."Vistaprint parent to reorganize, expand systems".The Boston Globe.Retrieved8 May2015.
  2. ^"Vistaprint About Us".Vistaprint.
  3. ^"Vistaprint N.V. (VPRT)".Yahoo Finance.
  4. ^"How VistaPrint deals with this economy; Interview with Robert Keane, CEO".WhatTheyThink. 5 December 2008.Retrieved10 January2017.
  5. ^Mitra, Sramana (24 June 2009)."From Startup To 500 Million Dollars: VistaPrint CEO Robert Keane (Part 1)".One Million By One Million.Retrieved10 January2017.
  6. ^"VistaPrint raises $120M in IPO".Boston Business Journal. 30 September 2005.Retrieved10 January2017.
  7. ^"VistaPrint To Open European Marketing Office; Barcelona Office is Sixth for Company World-Wide".6 September 2006.Retrieved10 January2017.
  8. ^"CIMPRESS N.V. filed this Form DEF 14A on 06/30/2009".SEC. 9 September 2009.Retrieved10 January2017.
  9. ^"Form 10-K".Cimpress Investor Relations.Cimpress.Retrieved10 January2017.
  10. ^"Vistaprint (VPRT) Changes Name & Ticker to Cimpress (CMPR) - Analyst Blog".Nasdaq. 18 November 2014.
  11. ^Wadsworth (7 November 2016)."Cimpress Expands Its Mass Customization Facilities Into Reno, Nevada".Cimpress.Retrieved27 February2019.
  12. ^Hoopfer, Evan (13 August 2018)."Manufacturer formally announces $50M facility projected to bring 600 jobs to southern Dallas".Dallas Business Journal.Retrieved19 April2024.
  13. ^"What's Project Apollo? It could create hundreds of new jobs in Dallas".Dallas News.2018-06-05.Retrieved2024-04-19.
  14. ^"Vistaprint to Open New Manufacturing Facility in Dallas, Texas".businesswire.8 August 2018.Retrieved27 February2019.
  15. ^Lunden, Ingrid (2021-10-27)."Vistaprint acquires Crello and Depositphotos, rebrands as Vista, to better take on Canva and others in online creative design for businesses".TechCrunch.Retrieved2023-03-14.
  16. ^"Vistaprint rebrands as Vista, acquires Crello and Depositphotos to cater to print, design and digital marketing needs of SMBs | Silicon Canals".2021-11-01.Retrieved2023-03-14.
  17. ^Canton, Rafael (June 8, 2022)."How the Boston Celtics Are Helping Their Hometown Businesses".adweek.Retrieved2023-03-14.
  18. ^Byard, Carrie (January 25, 2023)."Vista Appoints CEO Florian Baumgartner".
  19. ^"Vistaprint — Small Orders Mean Big Business".Printing Impressions. November 1, 2008.
  20. ^abGang RunArchivedDecember 7, 2008, at theWayback Machine
  21. ^ab"Vistaprint - Web Masters".Piworld. 2006-03-01.Retrieved2012-09-20.
  22. ^"Vistaprint — Small Orders Mean Big Business".Printing Impressions. November 1, 2008.
  23. ^"Vistaprint Grows".Manroland.us. Archived fromthe originalon 2012-02-22.Retrieved2012-09-20.
  24. ^"At the Forefront of Innovation - Windsor, Canada".Archived fromthe originalon 2008-09-13.Retrieved2008-08-08.
  25. ^"At the Forefront of Innovation - Venlo, the Netherlands".Archived fromthe originalon 2008-08-09.Retrieved2008-08-08.
  26. ^"Vistaprint Announces Opening of North American Printing Plant".Hcp. 2005-06-22.Retrieved2012-09-20.
  27. ^"MAN Roland 700".Printweek. 2007-10-04. Archived fromthe originalon 2012-02-18.Retrieved2012-09-20.
  28. ^"Vistaprint Closes $52 million Equity Financing".Findarticles.Retrieved2012-09-20.
  29. ^Vistaprint - ManufacturingArchived2008-08-05 at theWayback Machine
  30. ^Interview: Paul TaskerArchivedMay 13, 2008, at theWayback Machine
  31. ^The Patented Path To ProfitsArchivedFebruary 6, 2009, at theWayback Machine
  32. ^"Patents Held by Vistaprint".RetrievedMarch 14,2015.
  33. ^"An Empire of Portals".2008-05-07. Archived fromthe originalon May 7, 2008.Retrieved2012-09-20.
  34. ^"Vistaprint: German Court finds that print24 and unitedprint infringed Vistaprint patent".Reuters. 2007-07-31.Retrieved2012-09-20.
  35. ^"Final judgment in the case of Unitedprint v. Vistaprint".Pr-inside. Archived fromthe originalon 2012-11-08.Retrieved2012-09-20.
  36. ^"Vistaprint files patent infringement suit against Taylor Subsidiaries 123Print and Drawing Board".Reuters. 2007-05-15.Retrieved2012-09-20.
  37. ^Tedeschi, Bob (August 20, 2007)."Building a Brand Name, via Business Cards".The New York Times.RetrievedMay 27,2010.
  38. ^[1][dead link]
  39. ^"VistaPrint Chases Away the Gloom".Business Week. January 25, 2008. Archived fromthe originalon January 29, 2008.
  40. ^VistaPrint FY2009 Q3 Pre-Recorded Earnings Conference Call - FinalFair Disclosure Wire.Waltham: Apr 30, 2009
  41. ^"Vistaprint Reports First Quarter Fiscal Year 2012 Financial Results".Bloomberg. November 30, 2009.
  42. ^George, Kyle (November 17, 2020)."Vistaprint and the Celtics Announce New Multi-Year Partnership".Celtics(Press release). NBA Media Ventures, LLC.RetrievedDecember 22,2023.
  43. ^Henrys, Colin (July 26, 2022)."COMMERCIAL | VistaPrint becomes Wrexham AFC sleeve sponsor for men's first-team alongside new multi-year partnership".Wrexham A.F.C.RetrievedDecember 27,2023.
  44. ^Henrys, Colin (May 31, 2023)."COMMERCIAL | VistaPrint become back-of-shirt sponsors".Wrexham A.F.C.RetrievedDecember 27,2023.
  45. ^"974 Complaints and Reviews about Vistaprint".Consumeraffairs.Retrieved2012-09-20.
  46. ^"15 Complaints and Reviews about Vertrue, ex-MWI".Consumeraffairs. Archived fromthe originalon 2012-09-04.Retrieved2012-09-20.
  47. ^Dibben, Margaret (2007-09-23)."Ski firm says I booked online - but I was only browsing".London: The Observer.
  48. ^"Scamwatch - Small Business".Federation of Small Businesses.Retrieved2008-05-15.
  49. ^"Consumer complaints about Vistaprint".consumeraffairs.Retrieved2008-05-23.
  50. ^"VistaPrint Named in Four Federal Class-Action Lawsuits".Advertising Specialty Institute. August 28, 2008.
  51. ^"Vistaprint Terminates All Membership Program Offerings and Reaffirms Financial Guidance".November 30, 2009.
  52. ^"ASA Adjudication on VistaPrint Ltd - Advertising Standards Authority".Asa.org.uk. 2011-02-23.Retrieved2012-09-20.
  53. ^"Ad watchdog raps daily deals sites LivingSocial and kgb".Campaign.November 16, 2011.Retrieved2015-05-10.
  54. ^"Vistaprint apologizes after same-sex couple's wedding order contained hateful pamphlets".cbsnews.17 January 2018.Retrieved23 June2020.
  55. ^Corrigan, John (8 February 2018)."Gay Couple Drops Suit Against Vistaprint".Advertising Specialty Institute.Retrieved23 June2020.
  56. ^Baird, Addy (23 June 2020)."Vistaprint Put" All Lives Matter "Posters In An Order For A Black Lives Matter Fundraiser".Buzzfeed News.Retrieved23 June2020.
  57. ^"Vistaprint left thousands of customer chats and calls online".TechCrunch.Retrieved2019-11-28.
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  • Business data for Cimpress:
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