To most people, a printer serves the purpose of printing few documents, that too it may not be a daily affair.
On the other hand, the businesses require several (even hundreds) of documents to be printed on daily basis.
The inkjet printers are considered to be outdated and inferior in comparison to the latest laser printers, but this doesn't apply anymore to the current market.
Many high quality inkjet printers have been able to closely match the capabilities of the laser printers, but they're available at a reasonable price.
So, let us consider the benefits of inkjet printers.
Firstly, the inkjets are lot cheaper than the advanced laser printers.
But, they come with higher maintenance and refilling cost.
The inkjet printer manufacturers market these printers at a relatively low price because they make higher profits on the ink cartridges.
Some of them sell new printers with only partially filled cartridges, while some even install microchips that send out "refill ink" warning even when 30% ink is left over.
The inkjets are usually sold at discounted prices, and even the reconditioned and non-original inkjet cartridges are available in the market, which can help in brining down the printing costs greatly.
Basically, the high end inkjets are a feasible replacement for the entry level laser printers because the inkjets are always cheaper and the high quality inkjet printers can easily match the standards of the entry level laser printers.
The biggest downsides to the inkjets are their low printing speed and high printing costs.