The Distribution (R)evolution - 2014

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Keynote - Firebrand Distribution (r)Evolution Firebrand Community Conference 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 of The Distribution (R)evolution - 2014

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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

Twitter

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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.