What's Different (and What's the Same) in Europe

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Foto de Alicia Martín: http://www.trinta.net/artista.php?id=42

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Javier Celaya about the European Market of Digital Publishing

Transcript of What's Different (and What's the Same) in Europe

Page 1: What's Different (and What's the Same) in Europe

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What’s Different (and What’s the Same) in Europe

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Fast forward market

Mobile use , social networks, online banking, Internet access, etc.

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Europeans embrace tecnology faster than Americans

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Faster growth in Internet users

Last 10 yrs: 353.1 % in Europe vs. 151.7 % in USA http://www.internetworldstats.com/stats.htm

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More mobiles than Europeans

Average 120 mobiles / 100 persons in Europe versus 89 per 100 in USA

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Higher usage of smartphones

400% increase in web searches via smartphones

Search is done at point of sale (bookstores, libraries, etc.)

Results are shared in Social Networks

New discovery and reading habits

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Is your website mobile friendly?

Do you know how many readers access your site via mobile devices?

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More “social” than americans

Anual growth of 10.9% vs 6.6 in USA http://www.economist.com/blogs/dailychart/2011/07/europe%E2%80%99s-social-media-hotspots

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Higher online banking penetration

http://www.comscoredatamine.com/2010/10/top-10-countries-by-online-banking-penetration/

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Let´s face it , we love technology

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We tend to analyze treaths & opportunities from a sectorial point of view

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We forget that society is changing very fast

New discovery channels, new ways of consuming information, new ways of sharing cultural experiences, etc.

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© 2010, the Book Industry Study Group, Inc.

Ebook adoption will not be different

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What will be the impact of the arrival of international players in Europe?

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Accelerate the growth of the digital market

http://www.flickr.com/people/7843389@N02

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More devices (ereaders, tablets, smartphones) =

Higher demand for digital content

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Do not forget - Empty devices

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New device owners will go online to search for books

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If not available…

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Arrival of international players will force local players to increase their digital offer

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It will challenge your pricing strategy

P-books and e-books play in different economies

Dynamic pricing (offer/demand)

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Expects rapid E-commerce growth

Europeans buy 4 times more from foreign webs

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What do we do?

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Think about technology as a service

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Publishers have to main assets

Provide services to authors and readers

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Provide better services to your authors

Greater financial transparency and shorter compensation payment periods

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Share information about their book performance

Engage with your authors

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Proactive counselling services beyond editorial content

Advise on digital rights, DRM, web design, etc.

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Training services for your authors

How to use Twitter, Facebook, engage with readers, etc

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Provide services around upcoming narrative skills

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The Human Factor, your main difference

Amazon, Apple, Google, etc. “Non human” platforms

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Start selling direct

Not only because of better margins, but because it will allow you to…

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To access real time knowledge, to make business decisions

Impact on sales and marketing strategy

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Competitive advantage in the XXI

http://www.flickr.com/photos/29890539@N07/4648496819

Customer behaviour

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In the digital economy you must know your client

http://www.flickr.com/photos/29890539@N07/4648496819

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Day / time book discovery & purchase

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Reading behaviour

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Must track & analyze social reading practices

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To provide your readers with premium services

Users are more willing to pay for services than content

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Create a community of readers around your content and authors

Engage with your readers

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To provide discovery tools beyond purchase

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Must develop book recomendations systems on REAL reading satisfaction and affinities

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To compete with Amazon, Apple, Google, etc

We need to create economies of scale

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None of these companies think locally

Internet has no frontiers

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International revenues of GAFA players in 2011

Google: 54 % Apple: 54 % Facebook: 38 % Amazon: 46 %

http://www.niemanlab.org/2012/01/the-newsonomics-of-global-media-imperative/

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We must think European

Must aggregate content, services, users, etc.

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More than books

Not enough traffic to be competitive in the Net

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We done it in other sectors

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How to avoid Amazon taking over Europe?

1)  Think about technology as a service 2)  The Human Factor: Services to authors and readers 3)  Increase your offer and redefine pricing 4)  Sell direct: Understand customer behaviour 5)  Develop new discovery tools beyond purchase 6)  Create a Book Airbus consortium: More than books

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Javier Celaya [email protected] Tel: +34.606.367.708

Web: www.dosdoce.com Twitter: @javiercelaya LinkedIn: www.linkedin.com/in/javiercelaya

Grazie mille / Thank you