The publisher of the future faces content demands including multi-screen and cross-device accessibility, interactivity and customization to individual preferences. Are you ready?
The world is becoming increasingly mobile. According to the Pew Research Center, 78 percent of teens ages 12 to 17 own a cellphone. One in four teens have a tablet computer, and 9 out of 10 have a computer at home for themselves, or access to one in the home.
This is our future.
Currently, the Baby Boomers have access to the highest amount of disposable income. The 78 million of them in the U.S. spend over 3 trillion dollars per year buying tools, technology and other items of interest. By comparison, Generation X consists of only 50 million people. This generation will spend less, simply because there are less of them.
Fast forward to the Millennials and the Swipes (teens) and the numbers pick back up to the size of the Boomers. Over 75 million strong, this group has a strong social voice and will be the owners of the discretionary funds in the not-so-far future.
As publishers of the media this group will consume in greater volume than ever before, we need to prepare for the future.
Shifting the way your company approaches and conducts business is not a simple initiative. It takes time and requires a long term strategy. Brands need a strategy now to embrace mobile content and service cross channel users in a way that will leave them able to continuously adopt and adapt to new technology innovations.
If you are responsible for, or at least have influence on, your future publishing strategy, here are a few items you should keep in mind:
Prepare for the future now. Mobile management has arrived and will only become more the way we live our daily lives. Publishers need to embrace change and prepare for innovation; they must be agile and quick to test, fail and adapt.
Those with the qualities that will enable them to reinvent much of what they have known for hundreds of years will thrive. Those who don’t face certain dire futures.
Jeanniey Mullen is the vice president of marketing at NOOK by Barnes and Noble, focused on business growth and customer acquisition.
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December 2, 2015
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