troland 11-30 suny final

43
Convergence of Digital Multimedia for Publishers MEDIA STRATEGY FOR A ONE-SCREEN WORLD Thomas R Troland TRT Advisory 30 November 2016 / Session # 6 单单单单

Upload: suny-global-center

Post on 07-Feb-2017

15 views

Category:

Documents


2 download

TRANSCRIPT

Page 1: Troland 11-30 SUNY Final

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

Page 2: Troland 11-30 SUNY Final

Convergence of Digital Multimedia for Publishers

“THE WORLD, MADE COMPLEX BY

TECHNOLOGY, WAS BECOMING SIMPLE

AGAIN.”– 刘慈欣黑暗森林 , 2OO8

2

Page 3: Troland 11-30 SUNY Final

Convergence of Digital Multimedia for Publishers

3

日常生活

(Daily Life)

Page 4: Troland 11-30 SUNY Final

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

4

Page 5: Troland 11-30 SUNY Final

Convergence of Digital Multimedia for Publishers

Four forces creating convergence

5

Source: Mckinsey, No Ordinary Dispruption, 2015

1.Urban

Growth

2.Demographic

Change

3.Mobility

4.Connectedness

Page 6: Troland 11-30 SUNY Final

Convergence of Digital Multimedia for Publishers

1.Urban

Growth

2.Demographic

Change

3.Mobility

4.Connectedness

Four drivers of convergence

6

http://www.mckinsey.com/global_locations/asia/singapore/en/latest_thinking

Page 7: Troland 11-30 SUNY Final

Convergence of Digital Multimedia for Publishers

“We look at the present through a rear view mirror. We march backwards into the future.”

--Marshall McLuhan

7

Page 8: Troland 11-30 SUNY Final

Convergence of Digital Multimedia for Publishers

1. Urban Growth

8

Page 9: Troland 11-30 SUNY Final

Convergence of Digital Multimedia for Publishers

1. Urban Growth

9

Page 10: Troland 11-30 SUNY Final

Convergence of Digital Multimedia for Publishers

2. Demographic Change: Education

10

Page 11: Troland 11-30 SUNY Final

Convergence of Digital Multimedia for Publishers

2. Demographic Change: Affluence

11

Page 12: Troland 11-30 SUNY Final

Convergence of Digital Multimedia for Publishers

3. Mobility

12

Page 13: Troland 11-30 SUNY Final

Convergence of Digital Multimedia for Publishers

3. Mobility

13

Page 14: Troland 11-30 SUNY Final

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

14

Page 15: Troland 11-30 SUNY Final

Convergence of Digital Multimedia for Publishers

Mobile: China leads in Adoption and Use.

15

Page 16: Troland 11-30 SUNY Final

Convergence of Digital Multimedia for Publishers

4. Connectedness

16

Page 17: Troland 11-30 SUNY Final

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

17

Page 18: Troland 11-30 SUNY Final

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

18

Page 19: Troland 11-30 SUNY Final

Convergence of Digital Multimedia for Publishers

“WE SHAPE OUR TOOLS. THEREAFTER, OUR TOOLS

SHAPE US.”– MARSHALL MCLUHAN, 1964

19

Page 20: Troland 11-30 SUNY Final

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

Page 21: Troland 11-30 SUNY Final

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

21

Page 22: Troland 11-30 SUNY Final

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

22

Page 23: Troland 11-30 SUNY Final

Convergence of Digital Multimedia for Publishers

Advertising Shifts from Traditional Media

23

Page 24: Troland 11-30 SUNY Final

Convergence of Digital Multimedia for Publishers

DES MOINES, IOWA USA

24

Page 25: Troland 11-30 SUNY Final

Convergence of Digital Multimedia for Publishers

Page 26: Troland 11-30 SUNY Final

Convergence of Digital Multimedia for Publishers

Commitment-Support

26

Page 27: Troland 11-30 SUNY Final

Convergence of Digital Multimedia for Publishers

Life Stages…

27

Page 28: Troland 11-30 SUNY Final

Convergence of Digital Multimedia for Publishers

Corporate Strategic Focus on Convergence

28

Page 29: Troland 11-30 SUNY Final

Convergence of Digital Multimedia for Publishers

Meredith Digital History

29

Page 30: Troland 11-30 SUNY Final

Convergence of Digital Multimedia for Publishers

The Best Question

“WHAT JOB IS YOUR CUSTOMER HIRING YOU TO DO?”

--Clayton ChristensenCompeting Against Luck, 2016

30

Page 31: Troland 11-30 SUNY Final

Convergence of Digital Multimedia for Publishers

Mobile Moments

31

Page 32: Troland 11-30 SUNY Final

Convergence of Digital Multimedia for Publishers

Meredith Agrimedia/Successful Farming

Founded 1902390,000

circulation in 2016

32

Page 33: Troland 11-30 SUNY Final

Convergence of Digital Multimedia for Publishers

Strategy: Relentless Media Invention

33

Page 34: Troland 11-30 SUNY Final

Convergence of Digital Multimedia for Publishers

Better Homes and Gardens

7.6 million paid circulation

48 million adult readers/users

34

Page 35: Troland 11-30 SUNY Final

Convergence of Digital Multimedia for Publishers

Strategy: Experimentation & Partnership

35

Page 36: Troland 11-30 SUNY Final

Convergence of Digital Multimedia for Publishers

Revenues beyond advertising

36

Page 37: Troland 11-30 SUNY Final

Convergence of Digital Multimedia for Publishers

Strategy: Apply Unique Skills & Resources

37

Page 38: Troland 11-30 SUNY Final

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.

38

Page 39: Troland 11-30 SUNY Final

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

Page 40: Troland 11-30 SUNY Final

Convergence of Digital Multimedia for Publishers

International allrecipes

40

Page 41: Troland 11-30 SUNY Final

Convergence of Digital Multimedia for Publishers

Allrecipes.cn

41

Page 42: Troland 11-30 SUNY Final

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

42

Page 43: Troland 11-30 SUNY Final

Convergence of Digital Multimedia for Publishers

20 October 2014

Thomas R TrolandTRT Advisory

[email protected]

慢走43