📺 Stream EntrepreneurTV for Free 📺

Epson Is Creating a Printer That Won't Run Out of Ink for 3 Years The EcoTank is reportedly launching in September.

By Claire Groden

entrepreneur daily

This story originally appeared on Fortune Magazine

The end of printer-related frustration might be drawing near.

Epson, the purveyor of printers and ink, is getting ready to launch a game-changing printer this September, according to Bloomberg. The EcoTank stores ink in deep wells that hold enough to print about 4,000 documents–almost twenty times the capability of current home and small business models.

The new printer will cost about $379 to start—far more than the $60 for a current Epson model. But owners of the EcoTank model will only have to buy $13 refill bottles to feed their tanks when they empty out, which Bloomberg says should happen every 3.5 years or so. In the long run, that's a much better deal than the current cartridge scheme.

The ink cartridges of old, which constantly need to be refilled, have posed a customer relations problem for Epson. While printers' low prices hook customers into purchasing their equipment, the frequent and high cost of ink enrages them. In 2006, Epson settled class action lawsuits brought by embittered customers who noticed some last drops of ink in cartridges that printers were refusing. Customers earned a $45 credit per printer, but Epson never admitted wrongdoing.

Claire Groden

Reporter

Claire Groden is a reporter at Fortune.

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Starting a Business

I Wish I Knew These Four Things Before Starting My Own Business

Starting a business is hard work to say the least. These are four lessons I wish someone had shared with me before going solo, so I'm here to share them with you.

Devices

Add Some Life to the Office with $60 off This Bluetooth Speaker

This TREBLAB speaker provides 360-degree HD sound and high-powered connectivity.

Business Ideas

63 Small Business Ideas to Start in 2024

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2024.

Business Solutions

Organize Your Podcasts and Audio Content with This $40 Plan

Player FM lets you organize and sync podcasts across different platforms in one place.

Science & Technology

Brand New GPT-4o Revealed: 3 Mind Blowing Updates and 3 Unexpected Challenges for Entrepreneurs

Unveiling OpenAI's GPT-4.0: The latest AI with vision, auditory, and emotional intelligence abilities is revolutionizing industries. How will it affect your business?

Thought Leaders

Need More Confidence? These 10 Bestselling Books Will Help Improve Your Self-Esteem

Self-esteem can be hard to come by and even harder to maintain. To give yourself a boost, try these authors' words of wisdom.