Industries Margin Report

2026 Industries, Margin Potential, and Reorder Behavior in Print INKup &LINKup INKup &LINKup coordinating icons/design elements Logo 2 AC1 REPORT

This report helps resellers identify (1) which industries buy key print products, (2) which products typically protect margin, and (3) which products tend to generate repeat orders and higher unit volumes. It also provides a (4) Vertical Bundle Grid to guide cross-sell conversations by industry. Notes on how to use this report “Margin potential” reflects typical reseller conditions: price transparency, job complexity, value-added services, urgency, and perceived business impact. Actual margins vary by product, specs, and service model. “Reorder behavior” separates repeat frequency from unit volume. Some categories repeat often in smaller bursts; others repeat less often but have higher tickets per order. Smarter Print. Stronger Connections. REPORT North Mankato, MN 56003 (USA) | www.navitor.com ©2026 Navitor® All Rights Reserved Printed in the USA. Please recycle. 2 Industries, Margin Potential, and Reorder Behavior in Print

3 Table of Contents Section 1 – Industries That Buy Each Print Product – Page 4 1.1 Industry-by-Product Table 1.2 Section 1 Summary Section 2 – Highest Margin Products for Resellers – Page 6 2.1 Conditions Driving Higher Reseller Margin 2.2 Margin Ranking (Highest to Lowest) and Why 2.3 Section 2 Summary Section 3 – Reorders and Unit Volume Patterns – Page 8 3.1 Scenarios Driving Repeat Purchasing 3.2 Reorder Frequency Ranking (Most Repeat to Least Repeat) 3.3 Typical Unit Volume Ranking (Highest Units per Order to Lowest) 3.4 Section 3 Summary Section 4 – Vertical Bundle Grid – Page 10 4.1 How to Use the Grid 4.2 Vertical Bundle Grid (Starter and Growth Bundles by Industry) 4.3 Simple Selling Motions for Resellers 4.4 Section 4 Summary Quick Start – Reseller Playbook – Page 12 Highest Margin Categories to Push Strongest Reorder Engines to Build Programs Around Top 5 Vertical Quick Bundles (Starter and Growth) How to Use the Quick Start in Reseller Conversations Appendix – Page 14 Data Sources and Authorities

1.1 INDUSTRY-BY-PRODUCT TABLE SECTION 1 – INDUSTRIES THAT BUY EACH PRINT PRODUCT 4 PRINT PRODUCT PRIMARY BUYING INDUSTRIES OTHER COMMON BUYING INDUSTRIES TYPICAL BUYING TRIGGERS AND USE CASES Business Cards Real estate; financial services; creative services Professional services (legal, consulting, insurance); healthcare practices; home services; hospitality; construction trades New hires and role changes; team growth; brand refresh; events and networking; multi-location standardization Envelopes E-commerce and retail; logistics and shipping; healthcare Banking and financial services; insurance; education, government and public sector, legal services, utilities and telecom, nonprofits Shipping and returns; statements and notices; donor mail; compliance mailings; custom windows and security tints; variable data addressing Marketing Materials (brochures, postcards, flyers, direct mail, etc.) Banking and financial services; education; government; healthcare; retail and e-commerce Hospitality; real estate; nonprofits; events; B2B manufacturing and distributors Campaigns and promotions; recruitment and enrollment; awareness and fundraising; service line marketing; store and location marketing; trade shows Folders (presentation folders) Real estate; education; finance; healthcare; corporate organizations Legal firms; insurance agencies; local government offices; nonprofits/associations; manufacturers; hospitality/ event venues; construction; auto dealerships Proposal and sales presentations; enrollment and admissions packets; patient intake and financial packets; conference handouts; organized “leavebehind” kits. Training and events; seminars; trade shows; sales teams; onboarding and new employee kits Labels Food and beverage; retail; pharmaceuticals Logistics and warehousing; consumer packaged goods; industrial and chemical; health and beauty Packaging and branding; compliance labeling; ingredients and warnings; SKU expansion and versioning; shortrun promos; inventory and warehouse identification; anti-counterfeit and trackand-trace Signs & Banners Retail; real estate; transportation Hospitality; entertainment; healthcare; banking and financial services; education, government and public sector; construction and trades; manufacturing Promotions and seasonal campaigns; events and pop-ups; grand openings; regulatory and wayfinding signage; brand refreshes; site and job signage Stamps & Daters Healthcare and medical device; manufacturing and industrial; legal services and notary Warehousing and logistics; government and public sector; financial services; food and beverage; construction and building services; education; retail Receiving and processing workflows; approvals and document control; QA and compliance; date tracking; standardization across departments Checks & Forms (checks, payroll checks, continuous and NCR forms) Banking and financial services; government operations; healthcare; logistics Employers running payroll; title and mortgage/closing; any organization issuing payments and requiring controls Payment issuance; payroll; secure forms and internal controls; multi-location ordering; compliance documentation; process consistency

5 1.2 SUMMARY Overall, the biggest demand comes from: These industries buy print for primarily two reasons – marketing impact (visibility, acquisition, retention) and operations (compliance, workflow, shipping, documentation). Healthcare Financial Education Government Retail Real Estate Logistics E-commerce Want a closer look at what each industry is buying – and how you can win more of that business? Read more The 2026 Vertical Market Opportunity Guide

SECTION 2 – PRODUCTS WITH HIGHEST MARGIN FOR RESELLERS AND WHY 6 2.2 MARGIN RANKING (HIGHEST TO LOWEST) AND WHY RANK PRODUCT WHY THIS CATEGORY TENDS TO HOLD MARGIN 1 SIGNS & BANNERS Signage and display work often carries higher perceived value and more variables – substrates, finishing, compliance needs, delivery deadlines, and sometimes installation. Those variables reduce apples-to-apples comparisons and reward expertise. 2 LABELS Labels behave like packaging, and complexity is common – material and adhesive selection, durability, regulatory requirements, SKU versioning, short-run promos, and frequent refresh cycles. Advisory selling can meaningfully protect margin. 3 STAMPS & DATERS Typically low cost of goods relative to daily operational value. Less price shopping than commodity paper items, plus strong bundling potential with forms, receiving workflows, and compliance processes. 4 CHECKS & FORMS Security features and fraud-prevention needs create defensible value. Margin improves when positioned around controls, compatibility, and governance rather than “printing checks.” 5 FOLDERS Basic folders get shopped, but margin rises quickly with finishing and structure – custom pockets, die-cuts, specialty stocks, inserts, personalization, and assembled kits. The best margin play is “presentation system,” not “folder.” 6 ENVELOPES Plain envelopes are competitive and transparent. Margin improves with specialty features – custom sizing, windows, security tinting, variable data, and fast-turn mailing requirements. 7 MARKETING MATERIALS Commodity flyers and postcards are price-sensitive, but margin improves with program services – versioning, variable data, mailing, portal ordering, and bundled campaign management. 8 BUSINESS CARDS Highly commoditized and easy to comparison shop. Margin is best protected by premium construction, brand/color consistency, premium finishes, multi-employee kits, and identity-system bundles rather than basic cards. 2.1 CONDITIONS DRIVING HIGHER RESELLER MARGIN Higher margin usually shows up when one or more of these are true: • The item is harder to compare across suppliers (less price transparency). • The job includes complexity (materials, finishing, compliance, installation). • The reseller adds management value (proofing, kitting, versioning, logistics). • Turnaround speed matters (customers pay for urgency). • The product is operationally critical (downtime or errors have real cost).

7 2.3 SUMMARY Higher-margin categories are typically the ones with more variables and more advisor value – signs and banners and labels lead, followed by operational tools like stamps and daters and secure forms. Lower-margin categories tend to be commoditized and price-transparent unless upgraded into premium variants or sold as part of a managed program. 1 2 3 4

SECTION 3 – WHICH PRODUCTS DRIVE MORE REORDERS AND HIGHER VOLUMES AND WHY 8 3.2 REORDER FREQUENCY RANKING (MOST REPEAT TO LEAST REPEAT) RANK PRODUCT WHY IT TENDS TO REORDER MORE OR LESS OFTEN 1 LABELS Ongoing consumption plus frequent SKU and version changes – promotions, seasonal runs, compliance updates, product launches, and packaging refreshes. 2 ENVELOPES Steady replenishment for shipping, billing, notices, donor mail, and recurring communications – especially when tied to ongoing operational programs. 3 CHECKS & FORMS Regular replenishment where still used, plus periodic security refresh needs and governance controls. 4 MARKETING MATERIALS High repeat when positioned as a program – campaigns, events, monthly direct mail, and multi-location refreshes. 5 SIGNS & BANNERS Repeat tends to be project-based – promotional cycles, events, new locations, seasonal resets, compliance and wayfinding updates. 6 BUSINESS CARDS Repeat tied to staffing changes – hiring, turnover, role changes, and rebrands. 7 STAMPS & DATERS Often one-time per role or process, then occasional replacements, department expansion, year band changes, or added messages. 8 FOLDERS Typically event-driven and occasion-based unless standardized into ongoing onboarding, sales kits, or recurring packet programs. 3.1 SCENARIOS DRIVING REPEAT PURCHASING Repeat orders usually come from: • Consumption-based products (used up, replenished regularly) • Fast-changing content (SKU changes, promos, compliance updates) • Operational dependency (workflows rely on the item) • Programmatic marketing (recurring campaigns, multi-location needs)

RANK PRODUCT TYPICAL UNIT-VOLUME PATTERN 1 LABELS Often ordered in large quantities because they’re consumed continuously and applied per unit, per shipment, or per SKU. 2 ENVELOPES Often ordered in the thousands for mailing programs, shipping operations, or recurring communications. 3 CHECKS & FORMS Frequently ordered by the box, case, or continuous runs – consistent replenishment quantities. 4 MARKETING MATERIALS Wide range, but often 500 to tens of thousands depending on the campaign and distribution model. 5 BUSINESS CARDS Typically ordered in batches per employee or location – moderate unit counts, sometimes consolidated across teams. 6 SIGNS & BANNERS Lower unit counts but higher ticket per piece – value is in format and application, not quantity. 7 FOLDERS Often hundreds to low thousands unless part of a large standardized program. 8 STAMPS & DATERS Usually low unit counts per order – purchased per role, department, or process. 9 3.3 TYPICAL UNIT VOLUME RANKING (HIGHEST UNIT COUNTS PER ORDER TO LOWEST) 3.4 SUMMARY Labels and envelopes are the most consistent engines for reorders and unit volume because they are consumed and replenished. Checks and forms can still be strong in the right accounts because they blend replenishment with security needs. Signs and banners repeat in cycles and projects rather than predictable replenishment, while business cards, folders, and stamps and daters tend to be triggered by staffing, events, and operational changes.

SECTION 4 – VERTICAL BUNDLES 10 4.1 VERTICAL BUNDLE GRID Vertical Best margin plays in this vertical Strongest reorder engines Starter bundle (easy first win) Growth bundle (higher value, stickier) Why this works Healthcare (clinics, dental, labs, senior living) Labels; signs and banners; checks and forms (where applicable) Labels, envelopes, forms, appointment cards Labels by use case + envelopes + core patient-facing marketing materials Label program by use case + compliance forms set + wayfinding and signage refresh cycle + stamps and daters for approvals Healthcare buys for compliance and workflow. Once you’re in the workflow, reorders follow. Labels and forms reduce errors and keep operations moving. Financial Services (banks, credit unions, insurance, wealth) Checks and forms; folders (presentation kits); envelopes (security) Envelopes; forms; marketing materials Security envelopes + core marketing materials (direct mail, brochures) Secure forms and checks program + onboarding and presentation folders + campaign versioning (branchspecific or segmentspecific) These orgs run recurring communications and care about control. Security features, standardization, and multi-branch consistency protect margin. Education (K–12, higher ed, continuing ed) Signs and banners; folders (packets); labels (asset and ID) Envelopes; marketing materials; signs (seasonal) Enrollment and open house kit – folders + brochures and postcards Campus signage and wayfinding program + departmentbranded campaign sets + asset labels Education has predictable cycles – enrollment, events, athletics, fundraising. The cadence creates repeat opportunities. Government & Municipalities Signs and banners; checks and forms; envelopes Envelopes; forms; signs (updates) Standard forms + envelopes for notices and mailings Signage program (public notices, facilities, events) + versioned communication templates + stamps and daters for approvals Buying is processdriven. Standardized templates, recurring notices, and publicfacing signage create repeatable work. Retail (multi-location, local retail, franchises) Signs and banners; labels Labels; signs (seasonal); marketing materials Seasonal campaign kit – window decals and signage + offer cards Label system for product lines + quarterly signage refresh + store-bystore campaign versioning Retail refreshes constantly. Seasonal signage drives repeat projects; labels drive steady replenishment. SECTION 4 – VERTICAL BUNDLE GRID How to use this grid • Starter bundle is the easiest first win – usually the clearest business need with the least friction. • Growth bundle is designed to increase margin, create repeat orders, and expand into a “program” rather than one-off jobs. • The best bundles combine operational print (repeat) with visual print (margin).

11 Vertical Best margin plays in this vertical Strongest reorder engines Starter bundle (easy first win) Growth bundle (higher value, stickier) Why this works E-commerce & Fulfillment Brands Labels; envelopes Labels; envelopes; forms (packing slips and returns) Shipping labels + branded packing inserts Full packaging system – labels + packaging tape and marking + return labels + versioned inserts + warehouse process stamps and daters This is consumptionbased print. Orders repeat because shipping repeats. Bundles tie brand and operations together. Real Estate (brokerages, agents, property managers) Signs and banners; folders Signs; marketing materials; business cards Agent launch kit – business cards + listing flyers and postcards Yard sign and open house system + presentation folders + campaign mailing cadence Buying is listing-driven and time-sensitive. Signs are urgent. A campaign cadence turns one-off orders into a monthly rhythm. Manufacturing (industrial, OEM, machine shops) Labels; stamps and daters; signs Labels; forms; stamps and daters Compliance and QC kit – stamps and daters + core forms Production labeling system + inspection signage + controlleddocument forms + reorder schedule Manufacturing values process control. QC and inspection workflows create defensible selling and predictable replenishment. Logistics & Warehousing Labels; stamps and daters; signs Labels; forms; envelopes (shipping documents) Receiving kit – “received” stamps and daters + core labels Warehouse labeling and signage system + standardized forms + replenishment plan by location Warehouses run on repeatable processes. Standardizing the system creates replenishment and expansion across sites. Professional Services (legal, consulting, accounting) Folders; stamps and daters; envelopes Envelopes; marketing materials; business cards Client packet kit – folders + envelopes Multi-location identity kits + recurring client communications + document control stamps and daters Services firms buy for credibility, client experience, and documentation. Packaging the kit improves perceived value and margin. Nonprofits (fundraising, advocacy, foundations) Marketing materials (campaign bundles); envelopes Envelopes; marketing materials Appeal kit – envelopes + direct mail postcards and letters Campaign calendar – versioned appeals + event signage + donor recognition materials Nonprofits run recurring campaigns. A calendar and template system turns fundraising into repeatable reorders. 4.2 SIMPLE SELLING MOTIONS FOR RESELLERS • Start with the workflow item, not the marketing item. Labels, envelopes, forms, and stamps and daters are often easier to justify because they support daily operations. • Turn one order into a program. Pitch a refresh cycle, a quarterly kit, a multi-location standard, or a versioned set instead of a one-off job. • Sell the system, not the piece. Margin improves when you specify the right materials, finishes, security needs, governance, and reordering process. • For large or multi-location customers, a company eStore centralizes approved branded items and makes reordering simple. That consistency drives repeat orders and helps protect margin. 4.3 SUMMARY Vertical bundling matches how customers buy. Operational print drives reorders (labels, envelopes, forms); visual print protects margin (signs, banners). The best plays combine both: win the workflow, then make replenishment effortless with eStores, integrations, and PoD. Controlled, versioned programs drive consistent buying and price becomes less of the conversation.

12 1. Labels Why: Continuous consumption plus frequent changes – new SKUs, promos, seasonal versions, compliance updates. 2. Envelopes Why: Replenishment-driven for shipping, billing, notices, fundraising, and recurring communications. 3. Checks & Forms Why: Regular replenishment where still used, plus periodic security refresh needs and governance controls. QUICK START FLOSS TOOTHPASTE FRAGRANCE WHAT TO PUSH FIRST (highest margin potential) 1. Signs & Banners Why: Signage has lots of variables (substrates, finishing, delivery deadlines, installation) that reward expertise and reduce price-only comparisons. 2. Labels Why: Labels behave like packaging. Complexity is common (materials, adhesives, durability, compliance, SKU versioning), which supports advisory selling and better margin protection. 3. Stamps & Daters Why: High perceived operational value for a relatively low cost item. Less price shopping, easy to standardize across departments, and strong bundling potential with forms and receiving workflows. THE MOST RELIABLE CROSS-SELL LOGIC • Lead with operational needs (repeat orders): labels, envelopes, forms, stamps and daters • Attach visual impact and margin: signs and banners • Package the “system”: standard templates, version sets, ordering controls, replenishment schedules QUICK START – RESELLER PLAYBOOK WHAT TO BUILD PROGRAMS AROUND (strongest reorder engines)

1. Healthcare (clinics, dental, labs, senior living) Starter bundle: Labels by use case + envelopes + core patient-facing marketing materials Growth bundle: Label program by use case + compliance forms set + wayfinding/signage refresh cycle + stamps and daters for approvals Why it works: Workflow and compliance drive steady reorders. Adding signage creates higher-value refresh cycles. 2. Retail (multi-location, local retail, franchises) Starter bundle: Seasonal campaign kit – window decals/signage + offer cards Growth bundle: Label system for product lines + quarterly signage refresh + store-by-store campaign versioning Why it works: Retail refreshes constantly. Labels replenish; signage repeats on seasonal cadence. 3. E-commerce & Fulfillment Brands Starter bundle: Shipping labels + branded packing inserts Growth bundle: Full packaging system – labels + packaging tape/marking + return labels + versioned inserts + warehouse process stamps and daters Why it works: Shipping is consumption-based, so reorders are natural. Bundling brand + operations increases stickiness. 4. Financial Services (banks, credit unions, insurance, wealth) Starter bundle: Security envelopes + core marketing materials (direct mail, brochures) Growth bundle: Secure forms/check program + onboarding/presentation folders + campaign versioning by branch or audience segment Why it works: Recurring communications plus security and control needs protect margin and drive ongoing orders. 5. Logistics & Warehousing Starter bundle: Receiving kit – “received” stamps and daters + core labels Growth bundle: Warehouse labeling and signage system + standardized forms + replenishment plan by location Why it works: Repeatable workflows create predictable replenishment. Standardization expands across sites. 13 Healthcare Financial Logistics Retail E-commerce How to use this Quick Start in a sales conversation • Ask one operational question: “What do you run out of every month?” • Then one change question: “What changes seasonally or by location?” • Sell the bundle as a system: “Let’s standardize it and put reorders on a predictable schedule.” TOP 5 VERTICAL QUICK BUNDLES (starter and growth)

Data Sources and Authorities Print, Promo, and Direct Marketing Industry authorities, thought-leaders, and data collectors for data on market size, response/ROI, category growth, and top buyer industries. How these sources were used: To (1) validate market claims, (2) support reseller-facing POV with credible data, and (3) as the list of authorities for forecasts, benchmarks, rankings, and channel measurement. Commercial print, wide format, and packaging-adjacent print PRINTING United Alliance (industry economics, forecasting, benchmarking) (Source) US print business conditions, confidence, profitability indicators, and industry outlooks Source: • Economics & Forecasting hub and Industry Reports / State of the Industry series (Source) • Anchors “state of print” context and trend framing in reseller education NAPCO Research (market intelligence across print, packaging, promo) (NAPCO Media LLC) Research-backed insights that bridge print, packaging-adjacent print, and promotional products Source: • NAPCO Research services overview and category-specific research pages (NAPCO Media LLC) • Supports “what buyers want” narratives with research-oriented framing Keypoint Intelligence (production print analysis) (keypointintelligence.com) Forecasting, market dynamics, and category outlooks Source: • Print Forecast references and consulting pages (keypointintelligence.com) • Reinforces why print is resilient and application-driven The Freedonia Group (category market research, including labels) (The Freedonia Group): Deep category studies and demand drivers, especially packaging-adjacent areas like labels Source: • Freedonia market research offerings and category studies (The Freedonia Group) • Adds credibility to label market segmentation, demand drivers, and application language Grand View Research (market outlooks and procurement intelligence) (Grand View Research) Services-category procurement outlooks and demand drivers (helpful for direct mail services framing) Source: • Direct mail services procurement intelligence overview (Grand View Research) • Supports “services and spend drivers” language in direct marketing sections Promotional products (promo, branded merchandise) PPAI – Promotional Products Association International (market sizing, trend reporting) (PPAI) US promo channel sizing, annual sales volume estimates, and ongoing industry performance reporting Source: • Annual Sales Volume Reports (example: 2024 Sales Volume Report PDF) (PPAI) • Sales Volume Estimates and periodic PPAI reporting (PPAI) • Anchors “promo market size” claims and reinforce category credibility for print-to-promo cross-sell APPENDIX 14

15 Advertising Specialty Institute – ASI (rankings, influence lists, industry intelligence) (ASI) Identifying major players, distributor rankings, and influential leaders in promo Source: • Counselor Top 40 Distributors (annual ranking) (ASICentral Members) • Counselor Power 50 (annual influence list) (ASICentral Members) • Fast “who’s who” credibility – great for partner landscapes and thought-leader references SAGE (promo product research and distributor tools ecosystem) (SAGE) Promo product research infrastructure and distributor enablement tools Source: • Platform overview and company contact / HQ page (useful for authority reference) (SAGE) • Established ecosystem player for promo research and distributor workflows Direct marketing and direct mail (measurement, benchmarks, spend) USPS – United States Postal Service (mail research, engagement insights) (USPS Delivers) How consumers engage with mail and why direct mail still earns attention Source: • USPS delivers research content and downloadable research PDFs that reference USPS Mail Moments work (USPS Delivers) • USPS Generational Research Report (example) (USPS Delivers) • Supports engagement and behavioral claims in direct mail education content ANA – Association of National Advertisers (benchmarking and response metrics) (Ana) Cross-channel direct response and cost benchmarking used by major brands Source: • ANA Response Rate Report (benchmarking) (Ana) • Grounds “performance expectations” and benchmark framing for mail vs. other direct channels Winterberry Group (US ad, marketing, and data spend outlooks) (Winterberry Group) Spend forecasts and strategic framing for the US advertising, marketing, and data ecosystem Source: • Annual outlook presentations and research updates (Winterberry Group) • Provides high-level investment trend context that supports direct marketing strategy sections Direct marketing execution – data and targeting infrastructure Data Axle (B2B and B2C data for targeting and list strategy) (data-axle.com) Audience targeting, list sourcing, and data-driven direct marketing execution Source: • Data Axle’s B2B/B2C data and consumer data solution pages (data-axle.com) • When resellers need “how do we target the right audience?” support for direct mail programs APPENDIX

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