BookExpo America 2009 -- POD For Dummies 2 of 3 (LIGHTNING SOURCE)

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    BookExpo America 2009 -- POD For Dummies 2 of 3 (LIGHTNING SOURCE) - Presentation Transcript

    1. David Taylor Lightning Source An Ingram Content Group company PRINT ON DEMAND Stuff to make it simple
    2. A long time ago in a bookshop far away…
    3. Things you never hear in a bookshop….
    4. A lot of machines making books at Lightning Source in Tennessee
    5. PRINT ON DEMAND LET’S HAVE A DEFINITION
      • PRINT ON DEMAND (POD)
      • Sell the book first and then print it. Virtual inventory and bye bye warehouse.
      • SHORT RUN DIGITAL PRINTING
      • Print in small batches rather than one big fat run.
      • A LOT OF PUBLISHERS ARE DOING BOTH
    6. Three publishers who have had a lot of success with POD
      • John Wiley & Sons
      • African Books Collective
      • Taylor and Francis
    7. JOHN WILEY & SONS CASE STUDY
      • John Wiley: Delivering New Efficiencies
      • More than 10,000 titles transferred to a POD Model
      • Wiley has cut costs, reduced risk, and leveraged resources to seize greater competitive advantage
      • Wiley has optimized warehouse utilization and enjoys substantial cost and time to market benefits
      • Wiley is able to keep valuable books in print and better serve its customers’ needs
      • Over 561,000 units manufactured FY08
    8. AFRICAN BOOKS COLLECTIVE CASE STUDY
      • African Books Collective (ABC): Bringing Books to Global Markets
      • More than 1,500 titles transferred to a POD Model
      • ABC is running a zero-inventory business with no returns
      • Net Sales income to publishers up 70%
      • ABC no longer bears the expense of import/export costs
      • The authors of ABC are selling more books and gaining significant visibility in targeted markets.
    9. TAYLOR & FRANCIS CASE STUDY
      • Taylor & Francis: Books Never Go Out of Print
      • POD allows T&F to economically keep valuable backlist in print and recapture lost revenue
      • Titles with annual sales of approximately 100 are placed into POD
      • T&F enjoyed 5% POD revenue growth in the UK and 282% respectively in the US (2007/2008)
      • POD represents 25% of Taylor & Francis’ overall book revenue
    10. TAYLOR’S 7 GOLDEN RULES
      • Think about the person who wants to buy your book. Can they?
      • Don’t think about POD as just a production decision. It’s not.
      • Think about ALL of the costs associated with the old way of publishing books
      • Think about the unit cost of the books you actually sell rather than the unit cost of the books you have printed and that are still sitting in your warehouse
      • Don’t be precious about trim sizes. People who buy books don’t care.
      • Put one person in charge of your POD programme
      • Copy others who have succeeded.
    11. QUESTIONS?
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