the distribution (r)evolution - 2014
DESCRIPTION
This keynote presentation is from the 2014 Firebrand 2014 Community Conference. It focuses on next generation ideas about the intersection of book distribution and large consumer brands.TRANSCRIPT
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Keynote - Firebrand
Distribution (r)EvolutionFirebrand Community Conference 2014
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helloKristen McLeanFounder & CEOBookigee, Inc.
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<30,000 view image>
10,000 ft.
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Simultaneous shifts in creation, distribution, consumption
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Content 1.0
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mass market
niche/longtail
crowd
Who are the facilitators?
agents, packagers, editors?
bloggers,reviewers, tastemakers?
Content 2.0
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the old model Distribution1.0
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Discovery
Distribution 2.0
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Consumption 2.0
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Publishing 3.0?
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1450
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1900
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1966
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1960-1990
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1992
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1995
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“The Internet, by connecting readers and writers one on one,
offers the possibility of almost limitless choice and
foreshadows a literary culture thrilling if also alarming in its
potential diversity.”
− Jason Epstein, Book Business, Publishing Past Present and Future, 2001
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Our Reaction
What about Quality?What about Discovery?I need to own my Customer!
WTF? I better do something!!
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#Fail
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“We often think the internet enables you
to do new things, but people just want
to do the same things they’ve always
done [only better].” – Evan Williams, founder of
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Harness other [bigger] audiences
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Shiftingeconomies
of scale
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80MGlobal Kindle installs
95MVerizon Smartphones in the US
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½ of the world’s population reads a daily newspaper
The top 20 newspapers in the US reach 29M readers on a weekly basis
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Opportunities
• Focus on core business strengths
• Access to emerging markets
• Diversification of distribution portfolio
• Increased transparency
• Real-time feedback
• Mutual cross-platform value trade
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Risks
• Seasonality
• Antagonism from traditional players
• Changes in brand partner priorities
• Changes in platform facilitators
• Narrowed content requirements
• Competition for user attention
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Case Studies
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JP Morgan Summer Reading
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READING FOR RICH CLIENTS [AND OTHERS]
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THIRD PARTY FACILITATION
Publishers
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Chicago
Tribune
Our recommendations,Your passion.
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TRIBBOOKS - TECHNOLOGY
BUILT ON PAGE FOUNDRY’S INKTERA MOBILE EBOOKSTORE PLATFORM
Curation driven by
Tribune editorial
Embedded HTML5
Tribune content
Real-time flash sales
Trib eBooksfree to
subscribers
1.3M books in catalog
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TRIBBOOKS - TECHNOLOGY
CONTENT EXCHANGE WITH OTHER PUBLISHERS
• Publisher gives ltd. qty. of ebooks
• Tribune uses books for promotion in the app
• Tribune underwrites major ad campaign to 1.3M readers
• Publisher receives face-out bump in larger market
• Publisher receives complete engagement reporting
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Digital Turbine
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CONTENT SOLUTIONS TO WIRELESS
3-6 mo. Typically Achieve:• 5-20% conversion rate increase• 20-50% unit sales increase• —50% customer service
enquiries • 15-30% revenue increase
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F&W Media
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F&W - STRATEGY
33 VERTICALS WITH DEDICATED E-COMMERCE STORES
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F&W - TECHNOLOGY
WEB-BASED, INTEGRATED SITES - COMMUNITY, CONTENT & COMMERCE
The entire world of this interest – in one place
Videos, articles & how-tos
One stop shopping
Print & digital
magazines
Social media integration
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F&W – ENGAGEMENT COMMITMENT
A CONTENT TEAM OF 6-10 PEOPLE FOR EACH VERTICAL
Led by a group publisher (content) and a digital product director (structure)
Each Content Team works with:• Shared cross-vertical marketing
personnel• Email deployment specialists• Customer service staff • Web developers
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F&W – MEASURABLE SUCCESS
E-COMMERCE HAS GROWN FROM $6M TO $60M IN 6 YEARS
• F&W serves 20 million consumers annually
• Double-digit growth in organic traffic to many primary communities
• Company has completely retooled its business model
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thanksKristen McLeanFounder & CEOBookigee, Inc.