(Extended version) Beyond hardcovers & paperbacks is evolution necessary? 1st Day Keynote at the...

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BEYOND HARDCOVERS & PAPERBACKS – IS EVOLUTION NECESSARY? Nelson Wee Director, Business Development, Apps & Content SingTel Multimedia Group Profile: http://www.linkedin.com/in/nelsonwee Twitter: @ nelsonwee Slideshare: http:// www.slideshare.net/nelsonwee Source: Straits Times

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Beyond Hardcovers & Paperbacks – Is Evolution Necessary? The adoption of eBooks is growing fast globally.  The market landscape for content consumption has been transforming over the last couple of years with the advent of a myriad of mobile devices beyond the laptops and feature phones. With more options to access digital content (e.g. eBooks), today’s on-the-go consumers are starting to go beyond printed books and consuming books via multiple screens and devices.  Today’s authors and content publishers are also starting to recognize the opportunities availed via mobile devices as ancillary channels to their target consumer segments.

Transcript of (Extended version) Beyond hardcovers & paperbacks is evolution necessary? 1st Day Keynote at the...

Page 1: (Extended version) Beyond hardcovers & paperbacks   is evolution necessary? 1st Day Keynote at the All In! Young Writers Media Event 18 FEB 2012

BEYOND HARDCOVERS & PAPERBACKS – IS EVOLUTION NECESSARY?

Nelson Wee

Director, Business Development, Apps & Content

SingTel Multimedia Group

Profile: http://www.linkedin.com/in/nelsonwee

Twitter: @nelsonwee

Slideshare: http://www.slideshare.net/nelsonwee

Source: Straits Times

Page 3: (Extended version) Beyond hardcovers & paperbacks   is evolution necessary? 1st Day Keynote at the All In! Young Writers Media Event 18 FEB 2012

Mobility is driving content reach & engagement

3Nelson Wee’s Profile | Twitter: @nelsonwee | http://www.slideshare.com/nelsonwee

Page 6: (Extended version) Beyond hardcovers & paperbacks   is evolution necessary? 1st Day Keynote at the All In! Young Writers Media Event 18 FEB 2012

Key Trends in eBooks, online/mobile commerce

ConsumerConsumer Technology& Hardware

Technology& Hardware AccessAccesseBook

Format

eBookFormat

eBookstores

eBookstores

1. More are willing to buy online, mobile

2. Sharing reviews, comments, favourite phrase on social networks

1. Proliferation of tablets and smartphones

2. Tablet-PC-TV convergence

1. “Always On” Internet service (mobile, broadband)

2. Emergence of online education portals

3. Emergence of eBookstores – browser-based, client readers

1. eBook apps overtake games in Apps Store.

2. ePub format (static page turners) but evolving to multimedia

1. Google cloud eBookstore

2. Amazon

3. Apple

4. Kobo

5. skoob

6. Increased user-to-user collaboration

7. Facebook Books Fan Pages

8. Parents forums on kid’s education and books to read

9. Emergence of book clubs for reviews, social network

1. Breaking the book

2. Rapid growth in children’s rich media eBooks

3. Social/Layer reading

4. Transmedia production: EduGames, Video, AR (SoLoMo)

5. Comparison shopping

6. Channel conflicts (traditional versus online publishing)

7. Ads supported eBookstore or eBooks

8. eBook sharing /loans (Kindle)

ContentContent

CommerceCommerceCommunity

Portals

CommunityPortals

6Nelson Wee’s Profile | Twitter: @nelsonwee | http://www.slideshare.com/nelsonwee

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Market Trends in Digital Publishing1. Digitization of books and textbooks

lead to ancillary offerings.

2. Proliferation & growth of tablets and smartphones, over PCs, laptops, netbooks.

3. Multi-functional devices are gaining popularity for reading.

4. Cloud consumption, virtualization & mobility are the lead emerging trends for 2011, e.g. Kindle Cloud Reader, Kobo cloud bookstore, skoob

5. Interactive learning – social media, rich media etc.

7Nelson Wee’s Profile | Twitter: @nelsonwee | http://www.slideshare.com/nelsonwee

Page 8: (Extended version) Beyond hardcovers & paperbacks   is evolution necessary? 1st Day Keynote at the All In! Young Writers Media Event 18 FEB 2012

And now, for some Trivia …

• U.S will grow share of eBook over print sales to ~21% in 2015.

• UK will grow consumer eBook sales to US$286M in 2015.

• Asia Pacific eBook (consumer books) will be worth

US$2B in 2015.

8Nelson Wee’s Profile | Twitter: @nelsonwee | http://www.slideshare.com/nelsonwee

Page 9: (Extended version) Beyond hardcovers & paperbacks   is evolution necessary? 1st Day Keynote at the All In! Young Writers Media Event 18 FEB 2012

more Trivia … …did you know? • 14% of U.S. e-reader owners use their device while watching TV

daily.

• 40% of U.S. tablet and smartphone owners use them while watching TV.

• U.S. students did most of the (e)reading in fixed locations: 47% of reading was at home, 25% at school, 17% on a bus and 11% in a coffee shop or office.

• 34% in BRIC markets versus 7% for mature-market countries prefer to read eBooks with phone or tablet rather than e-readers.

9Nelson Wee’s Profile | Twitter: @nelsonwee | http://www.slideshare.com/nelsonwee

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skoobSingapore’s Favourite eBookStore

• Local content (education books, study guides, children stories, local stories)

3• 1 eBook, can be shared up to 5 devices (PC, laptops, tablets, smartphones)

2• Up to 20% cheaper than physical books.

1

20%

10Nelson Wee’s Profile | Twitter: @nelsonwee | http://www.slideshare.com/nelsonwee

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Welcome to the skoob!

skoob from your Android tablet or smartphoneskoob Website

skoob from your iPhone skoob from your iPad

11Nelson Wee’s Profile | Twitter: @nelsonwee | http://www.slideshare.com/nelsonwee

Page 12: (Extended version) Beyond hardcovers & paperbacks   is evolution necessary? 1st Day Keynote at the All In! Young Writers Media Event 18 FEB 2012

Publishers on Board (Highlights)check out http://www.skoob.com.sg for more!

International Local

& more …

12Nelson Wee’s Profile | Twitter: @nelsonwee | http://www.slideshare.com/nelsonwee

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Popular Books in skoob (Highlights)for 56k more eBooks, check out http://www.skoob.com.sg for more!

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International Local

Nelson Wee’s Profile | Twitter: @nelsonwee | http://www.slideshare.com/nelsonwee

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Working with Publishing Ecosystem Partners & YOU

Publishers

14Nelson Wee’s Profile | Twitter: @nelsonwee | http://www.slideshare.com/nelsonwee