Showing posts with label inspection copies. Show all posts
Showing posts with label inspection copies. Show all posts

Thursday, August 08, 2013

Rethinking Marketing and Discoverability for Today



‘Digital publishing is publishing’ and the news this week from Bowker that online sales have reached 44% of total sales should not come as a shock to anyone. The question is what are we doing to exploit this, the rise in digital titles and sales and other cultural changes? We hear lots of talk about who is the retailer, publishers going direct and of course digital, but how are we planning up to service this? Finding and valuing anything on an every increasing virtual shelf is becoming harder, when in fact it should be easier?

Search and discovery in a digital era is very different to that we experienced in the physical only world and yet many appear to be trying to serve up the same basic information and to be crossing their fingers that one shoe will fit all – it won’t. Look at music and how services such as Shazam, Spotify, YouTube, digital online radio and social networks are redefining how we find, sample and enjoy music. 

The Onix XML standard was a milestone for common description of metadata and its construct and promotion was long overdue, but although it was built on some great work done in the music industry by the likes of Muze, it was built primarily on the back of the EDI market and XML standards which were aimed at a physical product market and servicing established B2B supply chain channels. As with many industry standards some would suggest that it often played to the lowest common denominator and rather than expanding the vision and usage of contextual material it confined it to the established B2B service model. It continues to service the online retailers but does it do enough or just enough? Does it really work in a world of self-service where the consumer wants to define their own discovery approach? Does it work when the content is digital and itself can become the metadata to describe itself?

We would suggest three observations towards a different way to view Context and in doing so service Content better.
   
Book in hand

Years ago the major wholesalers created their ‘book in hand’ processes which captured and validated the information about the book as the first copies were handled in the warehouse. The key to this was the fact that the book itself was the best authoritative source of the information. They still needed basic information on which to pre order the title prior to publication, but as many know, the title, jacket and other detail was often subject to change.

We have seen various ‘search inside’, or online samples of the book which are in the main driven by the distributor/wholesalers and online retailers. With the exception of certain sectors it was driven at the discretion of the publisher by the retailer and digital distributors.

Search Inside could be the new book in hand environment, which now can not only service the intermediary, but can also now service the consumer. All that is required is a digital file – the digital rendition itself, the rest is down to technology. So we all can have a book in hand and this can change how we create, develop, control, market, promote and offers a new and different context opportunity.
Contextual rights may be a term we have just created and some would say they already exist today as rights, but it makes sense to recognise them. The could create a leveller playing field and rules in which both intermediaries and consumers are able to fully exploit the digital content for digital content purposes within a standard framework.

When the likes of Amazon started to scan jackets some would have suggested it wasn’t strictly allowed but years later who would suggest that today? Using the full content to provide authority and context is plain logical. A better framework could enhance the discoverability of works and help remove those embarrassing search inside and often meaningless ‘surprise me’ and blank pages.
Far too often we have retained the physical book process and merely tipped the end product into a digital container. This approach was sensible yesterday but could be viewed as very naïve tomorrow.

Word of Mouth

Goodreads and others have demonstrated that many wish to read what others recommend.
The word of mouth recommendation has prevailed throughout history. However with the emergence of social networking it has exploded and we now can see where our ‘friends’ are, what they are reading right now and their views on it and recommendations. It’s like being given the keys to not only their lifestyle, movement but also their library. The challenge isn’t the people we actually know but those who are merely ‘friends by some association’.

Many have long treated the ‘independent review’ with some scepticism. After all, when the reviewer is actually also offering the book for sale, it makes one question how independent they are. Newspapers today sell the books they review and the question must be as to which the driver is and whether the reviews are the reviews independent or mere adverts. We once did a business survey on Home Depot and loved those wiring boards that looked like they were created by the local electrician, but discovered that they were in fact giant POS boards produced centrally. We also loved those little hand written book recommendation cards in some chains, but the sceptic questioned whether these were paid for space, or genuine. We would have loved to see if the same books got the same reviews, or were reviewed in other stores of the same chain. We are also all aware of the numerous claims over false reviews made by interested parties on online service.

Reviews and recommendations are often only as good as the last one and you still need to validate that it is what you actually want.

Looking at the same house through different windows

Today it can be difficult to determine who needs what information and we still build system silos to service only one aspect of the business. Search and discovery has gone beyond the basic bibliographic and metadata information that serviced the B2B market. The market now needs more information in order to sell both physical and digital into the channels and to the consumer.

The virtual bookshelf has given us the challenge of finding needles in digital haystacks.

Digital content can be viewed many ways by many different people. The reader may wish to see the first chapter of a novel. The academic the index and table of contents of a monograph. The teacher or student a selection of pages. Even the bookstore, school or library may wish to see what they are buying. It is just marketing material that can be easily drawn from the same digital content. It’s like looking at a house through different windows and seeing different aspects of the same house.

This leads us onto the catalogue which is just a collection of works which have been compiled together for presentation or commercial offer. There is no difference to the concept of sampling and marketing merely an extension. The reward for thinking this way is that you can see what everyone looks at, or ignores, or even if it have been viewed at all! It can itself drive sales, adoptions and marketing and promotional programmes.

This starts to again beg the question as to whether the same material can serve both B2B and B2C?

It also starts to suggest that the content itself can become the richest source of context to help the marketing and promotion of works and the search and discovery of them not just post publication but across the total lifecycle.

Tuesday, January 08, 2013

Who Is Watching What You Read?




In a previous life, we learnt the power of information on behaviour and buying patterns. Some 30 years ago one of the leading examples was Vons supermarkets in the US. They not only tracked every purchase, but also every purchase against the individual store layout and other associated products. This information enabled them to send their customers paper vouchers not for what they did buy, but also associated products they didn’t buy, or areas of the store they didn’t buy from and when a competitor open up nearby they supplied vouchers for  the essentials the individual bought regularly. Now we take this information analysis and use as normal and within 24 hours the likes of Asda have not only analysed our transactions, but also compared it to their competitors and worked out the value of reward you have earned as a result.

So what has this to do with publishing?

Some years back we developed a digital inspection copy and ecatalogue system for publishers. The inspection copy is particularly relevant to academic and educational markets where books are sent out to institutional clients for adoption on spec. We obviously enabled the full digital copy to be read, annotated, bookmarked and shared with others on a limited time window and then followed up automatically by a feedback process and adoption feed straight into their back office systems. The savings were clear as was the ability to promote all titles and not just the new ones and also send them out like confetti with little commercial cost or risk.

However, the real power was in the information collected, which wasn’t always fully exploited.  We collected information on every click, access, page turn, timing, annotation, bookmark and also what was read and even if the copy was even opened! A goldmine for any proactive marketer and salesman! The information could also provide feedback into the editorial development process itself on what worked and what didn’t.

So where are we today?

There have been some raised eyebrows recently over the extent of information that today’s ebook platforms have potentially been accumulating on our reading habits. Amazon like others has a cross device platform, which is supported by cloud services and is able to identify some interesting habits. For example, if a reader highlights a passage, this is collated when the account is synchronised. Amazon aggregatesthose highlights into Popular Highlights which they share with others in their most popular online reports. You can view most viewed data both over time and currently so are able to spot today’s as well as historic trends. Importantly they hold the information at both an individual and aggregated level

In this case, the content has to be highlighted first and maybe that makes you question whether that is a true representation of activity, or just the material that has been highlighted? However what other information do they have access to?

Another twist on the information front is to turn the tables on its head and respond interactively to specific activity and information from online users and then track its adoption. GPS and mapping works this way, in recognising where you are and feeding you the relevant directions or places near you etc, and in doing so, it responds to information you have given it.

 J Now Eli Horowitz has developed a story app ‘TheSilent History’, which is about a generation of unusual children born without the ability to create or comprehend language but who have other skills. The work is released in daily episodes like a Japanese Keitai novel. For readers who wish to explore more, Horowitz has created hundreds of GPS locked ‘Field Reports’ that can only be read when the reader takes their device to the specified place. The location-based stories can be accessed across the U.S. and around the world. 

Education has already adopted online assessment based on student responses and today McGraw-Hill announced Smartbook, which is a new ‘learning’ ebook for students, enables students to read the same textbook. However, as they individually start to answer review questions embedded throughout the chapter, different passages become highlighted and point the reader to where he or she should focus attention. It like having the teacher looking over your shoulder as you read!

So is the tail wagging the dog or the other way round? Information about behaviour, likes and dislikes is not just for the supermarkets and online retailers but can be used to shape digital content and even determine our individual navigation through it. Of course all this data can also feeds the ad model businesses , so those little tick boxes on many registrations may be more important than you think. It’s a pity we can’t easily find out what information is being held against us.

Sunday, February 22, 2009

Supply Chain Thoughts Part 2

How many books are given away as review, gratis, or inspection copies? In the academic world, inspection copies can often account for a double digit percentage volume of the initial print run. Someone said to us recently that the practice of passing around review copies like confetti had long stopped. We merely asked them to swivel round in their chair and describe what was on their shelves – free books. Of course you can’t sell anything if you don’t promote it and show a sample of it, but all too often, the giving is still easier than the monitoring.

Then we have the catalogues, flyers and advance information sheets. Digital marketing has certainly cut down the realms of glossy paper circulated in hope. However, given today’s technology and tightening credit squeeze, which comes first the physical flyer and catalogue or the digital one?

Digital marketing ensures that the control of the asset remains at the source, that the latest material and its consistency is guaranteed and interestingly you know what was read, when, in the case of direct marketing by whom and importantly what wasn’t read or even opened.

The ability to drive both bibliographic and marketing from digital content today is very real. There is no reason why the digital widget should be restricted to today’s ‘look inside’ only functionality. Widgets should be containers that are capable of distributing the richest information on demand; related tiles, web links, podcasts, videos, authors notes, reviews , advanced metadata, whatever. The question of then embedding widgets within widgets and creating digital catalogues is just a natural step.

We suggest that this perspective of digital marketing and metadata distribution changes not only what is distributed and working practices, but how it is created and aligned to digital content.

Tuesday, July 15, 2008

Letter From America III

I was honoured to be invited to speak in Minneapolis at the National Association of College Stores (NACS) Innovate 2008 conference. The focus was about how the members could gain competitive advantage through technology. Campus stores are being squeezed by many and also face lots of new digital challenges.

The issues that face all campus stores are many and complex but are no different to those facing all bookstores. There are many questions:

Who are their customers?
How do they engage with their community?
Are student customers for life or just for a short time and why can’t they retain the customers past student life?
What do their customers want?
What is the size of their market and their percentage of this?

Once they have established where they are they have to decide where the want to be and how they get there. It is not about digitisation nor is it about technology – it’s about retail. The campus store is not dead it is merely changing and adapting to new opportunities. Will it survive – I believe so but it will be different and will be built on its existing relationships with its community and its publishers.

The following are the digital recommendations I left them with to consider:

1. Adopt Digital Drop Ship as the model to engage all bookstores into an effective channel for all publishers. Some would argue that the aggregators do this today but look at the exclusive models and demand more. You need an inclusive, integrated and independent model that is inclusive not exclusive and builds on the relationships you have today not one that merely put someone else between you and your supply.

2. Widgets. Ask yourself how you can maximise this within your environment to sell more books. You could even use them in-store to qualify stock you don’t carry. If I am right and they become ubiquitous, how are you going to manage them? I believe the association has a clear role to play to make sure the right widgets are created and distributed to its members in a way that they can be fully exploited and increase revenues today. Don’t wait for someone to sell you the package do it yourselves. Solutions here need to offer both development and be built to be ‘out of the box’

3. E Inspection copies. I believe you are integral to the process today and going forward. If you aren’t plugged into the process, where will the sales go? Only by working collectively and with others will the real benefits on offer here be realised. After all the reviewers are your customers, the students are your customers and the books are what you should be selling, so why wouldn’t you work with others to secure it?

4. Print on demand offers much but is a significant change. It may work in one store but not in another today. However if you became the first movers and viewed it as a local resource could it secure a bigger market. If you wait someone will do it first. That may be a competitor, a print shop, a library, even a coffee shop. What being a follower mean to your business and community relationships.

5. 508 is my last suggestion. This is not an individual store option today as much as a co-operative one which could provide high visibility, take away a painful exercise for publishers, provide a real service and relationship link to the thousands of disability officers and the solution is not difficult not expensive.

You can read the full presentation at http://www.value-chain.biz/Brave%20New%20World%20ii.htm