BookExpo America 2009 -- POD For Dummies 2 of 3 (LIGHTNING SOURCE) - Presentation Transcript
David Taylor Lightning Source An Ingram Content Group company PRINT ON DEMAND Stuff to make it simple
A long time ago in a bookshop far away…
Things you never hear in a bookshop….
A lot of machines making books at Lightning Source in Tennessee
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
Three publishers who have had a lot of success with POD
John Wiley & Sons
African Books Collective
Taylor and Francis
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
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.
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
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.
Print on demand and short run digital printing have more
Print on demand and short run digital printing have transformed the ways in which some publishers manage their businesses. For many others, however, the economics and business benefits of POD remain unclear. To help publishers decide if POD is right for them, BISG will publish in June 2009, under license from John Wiley & Sons, Print on Demand For Dummies®, an impartial guide to unraveling the complexities of this important technology.
This presentation is 2 of 3 given during BISG's POD For Dummies® session at BookExpo America 2009. It provides clear advice from David Taylor, President of Lightning Source aimed at helping publishers decide if POD is right for their business. less
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