A Gordon Toc 2009 Pod Tutorial

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Understanding and Profiting from Print on Demand Taking the Drama out of POD

description

Print on Demand and Digital Printing primer from Tools of Change 2009

Transcript of A Gordon Toc 2009 Pod Tutorial

Page 1: A Gordon Toc 2009 Pod Tutorial

Understanding and Profiting from

Print on Demand

Taking the Drama out of POD

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Vocabulary of PODSupercalifragilisticexpealidotious

Print on demand Digital printing Short-run/Ultra-short-

run/One-off printing

Self-publishing

Wholesaler/distributor Distribution/fulfillment Metadata Chunking/bundling/repurposing Alphabet City:

PDF, XML, DAD/DAM, ONIX Content

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POD: Principal Players Introducing The Cast

Printers: Bookmobile,

BookSurge, ColorCentric,

Edwards Brothers, ePac,

Espresso/On Demand Books,

Lightning Source, Sheridan…

Retailers/Wholesalers:

Amazon.com, Baker & Taylor,

Ingram Book Company…

Partners: LibreDigital,

NetGalley, ReadHowYouWant,

SharedBook, Value Chain

International …

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Benefits of POD Identifying Success for your Business

Decrease Costs Eliminate overstocks Reduce warehousing Decrease capital

investment

Increase Revenue Keep titles in print Expand title list Create new products

and channels

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Uses for PODLeave Everything to the Imagination

Backlist (but not just long tail)

Just-in-Time Inventory New Imprints Distributed Print Overseas Expansion

Bridging/Crashing

New Formats Large Print Personalized Content Custom Content

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Backlist Life“He’s Not Dead Yet”

Oxford University Press in Google Book Search

15,564 OUP titles into Google Book Search– 143,822,674 book pages viewed– 734,818 “buy the book” clicks– 47.21 “buy the book” clicks per book on average– $40 average book price

Adapted with permission from presentation by Evan Schnittman presented at Start with XML conference, 1/13/2009

Click-to-Buy Conversion Rates

Buy % Buys Income

1% 7,348 $293,927

2% 14,696 $587,854

3% 22,045 $881,782

4% 29,393 $1,175,709

5% 36,741 $1,469,636

6% 44,089 $1,763,563

7% 51,437 $2,057,490

8% 58,785 $2,351,418

9% 66,134 $2,645,345

10% 73,482 $2,939,272

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Just-in-Time InventoryHow to Save on the Rent

Free Books: Bloomsbury Publishing Launches “Radical” New Academic Imprint

Library Journal, 9/23/2008

The Perseus Books Group Announces New Digital Printing Partnership with Edwards Brothers

Edwards Brothers press release, 1/28/2008

Northshire Bookstore Prepares to Launch Print-on-Demand Publishing Service

Bookselling This Week, 2/20/2008

Lightning Source UK and publisher Thomas Nelson Inc. announce best-seller title program

Lightning Source press release, 2/26/2007

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Crashing and BridgingPrinting Miracles

Chelsea Green Makes Obama Book Available Early Exclusively on Amazon

Publishers Weekly, 8/15/2008

Gov. Sarah Palin biography brought to market by Epicenter Press and Ingram content companies

Lightning Source press release, 9/2/2008

University of Nebraska Press selects Lightning Source to bring Nobel Laureate titles to market

Lightning Source press release, 10/15/2008

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Additional FormatsNew Body from Old Parts

Large Print Up Close: Diverse content—edgier, younger—plus POD possibilities give new life to a venerable offshoot

Publishers Weekly, 5/19/2008“Releasing our large-print titles directly into

paperback allows us to be more competitive in pricing… It'll also slide easily into a print-on-demand format at the end of the retail life cycle.”—Anthony Goff, Hachette

Penguin Launches Penguin 2.0, iPhone App Publishers Weekly, 12/8/2008

SharedBook Introduces Smart Button™ Technology Through Partnerships with Encyclopaedia Britannica, Legacy.com, and SOHO Publishing

Press Release, 2/9/2009

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Deciphering True POD CostsSelling Digital Printing 101

Offset to Warehouse Short Run to Warehouse

Distributed One-Off

Annual sales

Return rate

Returns processing/unit

List price

Avg. discount

Print unit cost $ $$ $$$

Freight in $$$ $ 0

Receiving/stocking $$$ $ 0

Inventory carrying cost

$$$ $ 0

Overprinting $$ 0 0

Pick, pack, ship $$ $ 0

Returns processing/unit sold

$$ 0 0

Net revenue per unit/run

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POD LimitationsThe Bad News

Limitations vary by vendor paper variety trim sizes foil stamping embossing rough cut edges sewn bindings case-bound color spot color large page count, etc.

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How to Get StartedSteps in the Process

Objectives: what do you want POD to accomplish?

Title set up: fees, process, file types, book specs

Workflow: design with POD in mind, anticipate when to turn it on

Identify vendors: capacity, production specs, realtionship

Know your numbers: true unit cost, inventory needs, turn-times (title set up, printing, shipping), etc.

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Curtain Call

Ashley GordonVP Business DevelopmentSharedBook, Inc.(t) 646-442-8832(m) [email protected]