Andy Marshall - Future of Publishing - Origin Publishing

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Andy Marshall Managing Director

description

The media business is currently going through something of a revolution as publishers look to reach their audiences through a variety of new media. Making sense of the new media landscape is the biggest challenge facing the business today. Andy looks at what is happening to the media world, what changes it means for us all and how we should respond.

Transcript of Andy Marshall - Future of Publishing - Origin Publishing

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Andy Marshall

Managing Director

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What’s going on?

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We are living in revolutionary times

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‘Society is in the early phases of a media revolution on the scale of that

launched by Gutenberg in 1448.'

Survey of New Media, Economist, Aug 2006

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‘A revolution doesn't happen when society adopts new tools. It happens

when society adopts new behaviours.’

Clay Shirky

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And anyway, what age are we living in?

?

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1. Age of abundance

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‘Between the birth of the world and 2003, there were five

exabytes of information created.

We [now] create five exabytes every two days.’

Eric Schmidt, CEO, Google

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‘The large profit margins newspapers enjoyed in the past were built on an artificial scarcity: Limited choice for advertisers as well as readers.

With the internet, that scarcity has been taken away and replaced by abundance.’

Google response to FTC

Vs

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The rise of the algorithm

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2. Age of networking

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New ways of finding information

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‘Brands are either networked or invisible, ie ignored.’

Gerd Leonhard, Media Futurist

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New ways of sharing

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3. Age of multi-media platforms

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New devices

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20TH CENTURY PUBLISHING

The business of

issuing printed

matter

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20TH CENTURY PUBLISHING

The business of

issuing printed

matter

21ST CENTURY PUBLISHING

Connecting a

community through

communication

Source: Toward a new understanding of publishing, John Battelle, February 2010: http://www.federatedmedia.net/blog/2010/03/toward-a-new-

understanding-of-publishing-part-1/

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But what does that mean?

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We are always…

Discovering new revenues streams

Communicating on new platforms

Building new cost lines

Inventing new jobs

Publishing in different media

Developing our people in different ways

Exploiting new opportunities

Building on our current activities

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So, how can you achieve stand-out with your brand?

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1. Telling stories

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For sale: Baby shoes, never used.

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2. Authenticity

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‘When people believe in a story they are more likely to engage with it. What makes something authentic is how connected it is

to the underlying social fabric.’ Mike Walsh, Futuretainment

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3. Trust

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The ten habits we have developed…

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1

Always think...

…always learn…

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Keep it simple…

…edit KPIs ruthlessly!

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3

Open source is always

better than bespoke

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Better to be better…

…than to be first

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Create a culture of agility

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Start from what you know...

…right now no-one will know

much more than you…

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Your strategy is a road-map…

…it can’t be a detailed plan

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Enjoy discomfort…

…you won’t last long just in your

comfort zone!

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Get the right people doing

the right jobs

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It’s a new paradigm not a new

commercial system…

…if you don’t make money

you will die

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Andy Marshall

Managing Director