Bic Sells 100 Billionth Pen
It started as an answer to leaky pens carried by American soldiers during World War Two, was perfected and made popular by an Italian-born baron and has written its way into history as the world’s biggest-selling pen.
More than half a century after honing a cheap version of the ballpoint pen, Bic, the French firm which built an empire out of making things to be thrown away, said Thursday it had sold its 100 billionth — 100,000,000,000th — disposable ballpoint.
The group started small after the war and now has annual revenues of around 1.4 billion euros, including sales of razors and lighters. It reported the milestone along with first-half profits.
"The pens have been sold on average 57 times a second since 1950," BIC said.
Its founder Baron Marcel Bich originally planned to make fountain pen parts when he bought a factory with his partner Edouard Buffard outside Paris at the end of World War II.
But a chance encounter with a wheelbarrow changed all that, recalls his son Bruno Bich, who now runs the company.
"My father told me that one day he was pushing a wheelbarrow when it dawned on him that the ball was a multi-faceted wheel and this was the best way to convey ink," he told Reuters.
"So he put all his investment into the ballpoint. He was the first to use very precise production techniques," he added.
Ballpoint pens had been sold before the war for the then luxurious sum of $5 and were brought to Europe by American GI soldiers, Bich said. Only they leaked.
Looking for a catchy name for his new product, the baron shortened his own to BIC and snapped up patents including Laszlo Biro’s design for a non-disposable pen with a rotating ball.
Known in some countries as the biro after the patent snapped up by BIC’s founder, the ‘Cristal’ see-through ballpoint has a landmark design which the company has broadly stuck with over the years — another reason for its success, says Bich.
"The idea was that there should be nothing superfluous and you could see how it works and how much ink is left," he said.