troland 11-30 suny final
TRANSCRIPT
Convergence of Digital Multimedia for Publishers
MEDIA STRATEGYFOR A ONE-SCREEN WORLD
Thomas R TrolandTRT Advisory
30 November 2016 / Session # 6
单屏世界
Convergence of Digital Multimedia for Publishers
“THE WORLD, MADE COMPLEX BY
TECHNOLOGY, WAS BECOMING SIMPLE
AGAIN.”– 刘慈欣黑暗森林 , 2OO8
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Convergence of Digital Multimedia for Publishers
3
日常生活
(Daily Life)
Convergence of Digital Multimedia for Publishers
“A NEW MEDIUM IS NEVER AN ADDITION TO AN OLD ONE, NOR DOES IT LEAVE
THE OLD ONE IN PEACE. IT NEVER CEASES TO
OPPRESS THE OLDER MEDIA UNTIL IT FINDS
NEW SHAPES AND POSITIONS FOR THEM.”
– MARSHALL MCLUHAN, 1964
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Convergence of Digital Multimedia for Publishers
Four forces creating convergence
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Source: Mckinsey, No Ordinary Dispruption, 2015
1.Urban
Growth
2.Demographic
Change
3.Mobility
4.Connectedness
Convergence of Digital Multimedia for Publishers
1.Urban
Growth
2.Demographic
Change
3.Mobility
4.Connectedness
Four drivers of convergence
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http://www.mckinsey.com/global_locations/asia/singapore/en/latest_thinking
Convergence of Digital Multimedia for Publishers
“We look at the present through a rear view mirror. We march backwards into the future.”
--Marshall McLuhan
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Convergence of Digital Multimedia for Publishers
1. Urban Growth
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Convergence of Digital Multimedia for Publishers
1. Urban Growth
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Convergence of Digital Multimedia for Publishers
2. Demographic Change: Education
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Convergence of Digital Multimedia for Publishers
2. Demographic Change: Affluence
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Convergence of Digital Multimedia for Publishers
3. Mobility
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Convergence of Digital Multimedia for Publishers
3. Mobility
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Convergence of Digital Multimedia for Publishers
China is leading the world to a“Mobile Mind Shift”
“This is a mobile mind shift, not just ‘mobile first’. It is a complete change in the psychology of consumers: The expectation that any desired information or service is available, on any appropriate device, in context, at your moment of need.”
Josh Bernoff, Senior Vice President Forrester Research
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Convergence of Digital Multimedia for Publishers
Mobile: China leads in Adoption and Use.
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Convergence of Digital Multimedia for Publishers
4. Connectedness
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Convergence of Digital Multimedia for Publishers
Growth of Smartphone Use in China
2013 2014 2015 2016 2017* 2018* 2019* 2020* 2021*0
100
200
300
400
500
600
700
800
436.1 482.7 523.6 563.1 601.8 639.2 674.9 708.4 739.7
China Smartphone Users by Year Source: Statista & Ericsson 2016 *Forecast
Mill
ions
of U
sers
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Convergence of Digital Multimedia for Publishers
Expansion of Social Media58% of Internet Users in China also use 1+ Social Networks (2015)
2014 2015 2016 2017* 2018* 2019* 2020* 2021*0
100
200
300
400
500
600
700
800
453.1 483.2 514.5 546.9 579.9 613.4 646.7739.7
China Total Social Network Users by Year Source: Statista & Ericsson 2016 *Forecast
Mill
ions
of U
sers
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Convergence of Digital Multimedia for Publishers
“WE SHAPE OUR TOOLS. THEREAFTER, OUR TOOLS
SHAPE US.”– MARSHALL MCLUHAN, 1964
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Convergence of Digital Multimedia for Publishers
China’s robust media economyCAGR 2015-2019 Forecasted at 10.5%
2010
2011
2012
2013
201420
15*20
16*20
17*20
18*20
19*
$0
$50
$100
$150
$200
$250
$85.2
$143.1
$235.7
Total E&M SpendingIn China by Year
$ Bi
llion
s U
S / 2
014
Exch
ange
Ra
tes
* 2015-2019 totals are forecasts.20
Convergence of Digital Multimedia for Publishers
Changing emphasis in E&M SpendingFaster Growth in Digital / Lower growth in Traditional Media
Source: http://www.pwchk.com/webmedia/doc/635775886983165765_cn_em_outlook_2015_2019.pdf
Inte
rnet
Acc
ess
Inte
rnet
Adve
rtisin
g
TV Subs
Newsp
aper
s
Books
Video
Gam
es
B to B
TV Adve
rtisin
g
Out of
Hom
e
Mag
azin
esRad
io$0.0
$10.0$20.0$30.0$40.0$50.0$60.0$70.0$80.0$90.0
$100.0
0.0%2.0%4.0%6.0%8.0%10.0%12.0%14.0%16.0%$88.4
$33.5$24.1$20.3$13.1$12.2$11.7 $9.5 $8.6 $6.4 $3.3
13.6%
15.1%
11.4%
6.8%
1.3%
7.6%6.1% 6.6%
9.8%
3.1%
8.7%
Forecast Spending on Media in ChinaTotal: $235.7 Billion in 2019
Total CAGR 2015-2019: 10.5%
$ Bi
llion
US
– 20
14 E
xcha
nge
Rate
CAG
R 20
15-2
019
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Convergence of Digital Multimedia for Publishers
Consumers’ Rapid Shift to a One-Screen World
2010 2011 2012 2013 2014 2015 2016* 2017* 2018*0
50
100
150
200
250
300
350
400
173.1 166.2 153.7 144.1 139.4 136 133 130.5 128
54.2 70.1 78.2 60 45.7 36.4 26.3
32.7 46 64.4 104.8 141.2 165.8 179.7
Internet-MobileInternet -- DesktopRadioTelevisionMagazinesNewspapers
Media Consumption by Media Type per Day in China: 2010-2018Source: Zenith Optimedia 2016 *Forecast
Aver
age
Min
utes
per
Indi
vidu
al
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Convergence of Digital Multimedia for Publishers
Advertising Shifts from Traditional Media
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Convergence of Digital Multimedia for Publishers
DES MOINES, IOWA USA
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Convergence of Digital Multimedia for Publishers
Convergence of Digital Multimedia for Publishers
Commitment-Support
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Convergence of Digital Multimedia for Publishers
Life Stages…
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Convergence of Digital Multimedia for Publishers
Corporate Strategic Focus on Convergence
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Convergence of Digital Multimedia for Publishers
Meredith Digital History
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Convergence of Digital Multimedia for Publishers
The Best Question
“WHAT JOB IS YOUR CUSTOMER HIRING YOU TO DO?”
--Clayton ChristensenCompeting Against Luck, 2016
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Convergence of Digital Multimedia for Publishers
Mobile Moments
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Convergence of Digital Multimedia for Publishers
Meredith Agrimedia/Successful Farming
Founded 1902390,000
circulation in 2016
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Convergence of Digital Multimedia for Publishers
Strategy: Relentless Media Invention
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Convergence of Digital Multimedia for Publishers
Better Homes and Gardens
7.6 million paid circulation
48 million adult readers/users
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Convergence of Digital Multimedia for Publishers
Strategy: Experimentation & Partnership
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Convergence of Digital Multimedia for Publishers
Revenues beyond advertising
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Convergence of Digital Multimedia for Publishers
Strategy: Apply Unique Skills & Resources
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Convergence of Digital Multimedia for Publishers
Allrecipes: Digital First Model
15 MillionApp Downloads
March 2013
500,000Circulation
November 2013
The Job To Be Done:
Allrecipes, the world’s largest
digital food brand, inspires the world to discover and share
the joy of home cooking.
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Convergence of Digital Multimedia for Publishers
Strategy: Valued Consumer Services
23 Million+
App DownloadsOctober 2015
1,350,000 Circulation
January 2017
51 Million Total Monthly Users/Readers/Viewers 39
2,384,000Video Views
September 2016
Convergence of Digital Multimedia for Publishers
International allrecipes
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Convergence of Digital Multimedia for Publishers
Allrecipes.cn
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Convergence of Digital Multimedia for Publishers
Strategy for a One-Screen World1. Love what you do2. Don’t be in love with how you do
it3. Stay Curious 4. Out-read the competition5. Start with questions, not
answers6. Find out and understand the jobs
your customer is “hiring” you to do
7. Constantly look for the new value your customers will want from you
8. Experiment relentlessly
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Convergence of Digital Multimedia for Publishers
20 October 2014
Thomas R TrolandTRT Advisory
慢走43