Pratham Books - Business Model - Presentation Transcript
“ A book in every child’s hand ”
Pratham Books is one of India’s largest children's story book publishers It is also India’s only not for profit children’s book publisher Key Factors Pratham Books
Genesis of Pratham Books Read India campaign launched by the Pratham network to enable children to read Ongoing campaign targets 60 million children by 2010. Campaign active in 400 districts and the number is growing every day BUT – once children learn to read there is no access to books to build a reading habit Pratham creates a network of over 9000 libraries BUT there is shortage of quality, low-cost children’s books for these libraries Pratham Books set up in 2004 to fill this gap – it is the first non-profit children’s publishing brand in India
Objectives
Create high quality, affordable books for children
Publish books in multiple Indian languages
Create an open platform for authors, illustrators, and book publishers to collaborate and build a reading country.
Create a new paradigm in publishing and catalyze existing publishers to explore new markets at lower price points
A book in every child’s hand
Market Size
Total organized children’s book industry value estimated at $ 25 million*
12.50 million books being printed annually at an estimated average of $2 per copy
Average size of print run is 5000 copies
* Published Data
Market Penetration * Census 2001
There are 300 million children in India in the age group of 3 to 14 years*
Only 3% market penetration for children’s books
UK sells 72 million children’s storybooks for 12.1 million children
Mobile phones in India have a penetration of 30% at 300 million plus users. And slated to reach 50% by end of 2010
70% of books published in English/Hindi.
Regional languages a neglected category
Pratham Books Mix Available in multiple Indian languages Stable captive market with Pratham Affordable pricing Child centric approach Bright colourful enjoyable books Good quality printing and paper Strong credibility among NGOs and Government
Current Status
150 original titles created across genres for children aged 3 to 14.
Books published in 11 Indian languages
Over 3 million books shipped
All books priced under 60 cents
Innovated on product form to create a very low cost variant called “story cards”
Over 10 million story cards shipped
Built a robust roster of authors and illustrators
Operated with a small amount of donations – growing on cash flow
Current Status … (contd.)
Problem definition
Pratham Books has reached an estimated 1 million children through its books
Each copy is read by approx.100 children in each library.
10,000 libraries*100 =1million
The story cards have reached between 8 - 16 million children
A set of 24 cards is used in 1 classroom with 20 – 40 children
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