Industry Insights: the state of the academic awards market

Mike May is Chief Operations Officer at JDS Industry. He has been with the company since 2012.

I think the average transaction value for academic awards has shrunk in the years since the 2009 economic decline. A lot of schools are cutting back on the size and type of award they’re presenting rather than cutting back on the number of awards. However, the academic market is still huge and it renews itself continuously. The needs in academic-related recognition are vast and offer a lot of opportunity for retailers.

—Mike May, JDS Industries