Yahoo has filed
two US patent applications which are based on delivering adverts to ebooks and even
offering a variable price that is dependent on the advert placement. Some will
cry, ‘not on my watch and it will never happen,’ but perhaps we need to at
least consider the implications further before we dismiss it.
If we step
back to the Victorian and Edwardian times, the book was often full of adverts for
goods which had no connection to the genre or story. The Pamphleteers of the Victorian
age also included many adverts in the ‘Penny Dreadful’ and periodicals. Dicken’s
own Pickwick Papers included many adverts that told their own story about the
culture, products and trades of the day.
Today the
only adverts we see in books are those for other titles by the same other,
publisher, or in the series. But as the digital book market approaches respectable
figures, will that now change, or will tomorrow’s eBooks always remain advert
free? Is the Yahoo move an indication of things to come, or merely a patent
filing for the shelf and just in case?
Google
first gave us Ad Words and Search Engine Optimisation and we appeared suddenly to
discover the holy grail. Companies placed their bets and got suckered into a
spiral of marketing investment, which may have given a return when you were top
of the list, but you had to pay ‘blind man’s buff’ to get there. Technology has
long been able to crunch information and drive targeted marketing from the
results. Major retailers and especially supermarkets have become experts at
analysing not only what we did buy, but also what we didn’t buy that we should
have and even what aisles we didn’t buy from. Some thirty years ago US
supermarket Vons were one of the leaders in the coupon driven market of the
time.
Technology enables
us now to be able to target advertising to; recent purchases or items viewed,
demographic groups and profiles, searches, key words within text, even changes
within our local weather or breaking local news. The key change is that the
analysis and results can be now be generated almost instantly and the same advertisement
offer can be dynamically tailored to fit the individual.
The questions
we have to ask are about who owns the customer relationship, the advertising
contract, revenues and the information? Amazon and Kobo already offer
full-screen adverts when the device is switched off and smaller ones on their
menu screens. So who drives the advertising dollar? Would the advertising be
driven by the retailer, the publisher, or a technology or service provider?
If advertising
were seriously introduced into books, it would potentially work with ebooks,
but pbooks would remain largely as they are today. So how would, adverts in
ebooks be sold to the reader? Would the revenues generated reduce the cost of
the ebook as suggested by Yahoo, or will they cross subsidise the tile
irrespective of form? Would the revenues count into the royalties net revenues,
or be lost outside of the ‘sales’?
We should
also recognise moral rights but who would be able to exert them and would they
be universally recognised?
In offering
that the advertising will pay more and the reader given a greater discount based
on how distracting, or intrusive their adverts are to the reader, Yahoo raise
an interesting concept. They also suggest that readers could be offered adverts
as hyperlinks within the book's text, in-laid text or even "dynamic
content" such as video. They suggest the sponsored book, which could be
brought to you by Company X and in that we must remember the industry’s
acceptance of the MacDonald deal with WHS that we wrote about a few months ago.
They also touch on the sensitive aspect of offering sponsored rewards our gifts
in children's books.
Books have
been a relatively advertising free zone for many decades, but is this has been
more driven by the restrictions and economics of the pbook. In the past it was
only possible to economically provide mass market driven adverts, but is that
now changing with the ebook and internet? We expect to see adverts in papers,
magazines and on web pages, so is it acceptable to see them closely aligned to
books? With magazines and newsprint the advertiser can reference circulation
listings and know roughly who the audience is and how big it is. With TV and
film again the audience is well defined but with books some would suggest we
enter the world of the unknown.
So do we
expect to see ebook adverts soon?
2 comments:
I think adverts in books are an interesting idea, and I'm sure it won't be long before someone attempts it on a larger scale.
The question is how readers will react.
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