beyond hardcovers & paperbacks - is evolution necessary? all in! young writers media festival...

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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 Source: Straits Times

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Key Note for All In! Young Writers Media Festival 2012, organised by the National Book Council of Singapore "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.

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Page 1: Beyond hardcovers & paperbacks - is evolution necessary? All In! Young Writers Media Festival 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

Source: Straits Times

Page 6: Beyond hardcovers & paperbacks - is evolution necessary? All In! Young Writers Media Festival 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” - bundling of 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

CommerceCommerce

CommunityPortals

CommunityPortals

6Nelson Wee’s Profile | Twitter: @nelsonwee

Page 7: Beyond hardcovers & paperbacks - is evolution necessary? All In! Young Writers Media Festival Event - 18 Feb 2012

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

Page 8: Beyond hardcovers & paperbacks - is evolution necessary? All In! Young Writers Media Festival Event - 18 Feb 2012

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%

8Nelson Wee’s Profile | Twitter: @nelsonwee

Page 9: Beyond hardcovers & paperbacks - is evolution necessary? All In! Young Writers Media Festival Event - 18 Feb 2012

Welcome to the skoob!

skoob from your Android tablet or smartphoneskoob Website

skoob from your iPhone skoob from your iPad

9Nelson Wee’s Profile | Twitter: @nelsonwee

Page 10: Beyond hardcovers & paperbacks - is evolution necessary? All In! Young Writers Media Festival Event - 18 Feb 2012

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

International Local

& more …

10Nelson Wee’s Profile | Twitter: @nelsonwee

Page 11: Beyond hardcovers & paperbacks - is evolution necessary? All In! Young Writers Media Festival Event - 18 Feb 2012

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

11

International Local

Nelson Wee’s Profile | Twitter: @nelsonwee

Page 13: Beyond hardcovers & paperbacks - is evolution necessary? All In! Young Writers Media Festival Event - 18 Feb 2012

Thank You

Nelson Wee

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

t: @nelsonwee