1 influencing strategic thinking
TRANSCRIPT
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Online Travel Guide:
The market leader in digital travel guide content delivery
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Competitive Advantage
To lead the market you must either provide innovative product differentiation or be a lowest cost producer. Most of publishing industry’s energy is spent on cost reduction. Here is an opportunity to lead through product differentiation.
Online Travel Guide & e-Novels Tipping the Scales of Competition by:
Creating new markets to distribute digital content locked in booksUsing the novelty factor to increase next generation readershipRealising personal publishing through direct Print-on-Demand linkagesReducing retailer power and influence by building direct channelsEliminating the risk of over production, returns and wastage
A company creates value for a buyer that justifies a premium price or preference at a equal prices by either lowering buyer cost or raising buyer performance.
Michael PorterWhat is not different is not strategic
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FOCUS OF SERVICE INFRASTRUCTUREHorizon 1 Horizon 2
KeyProducts /
Services
Horizon 3
GeographicalFocus
UKWorldwide
Revenue /Growth
Core0-6 months
Growth6-24 months
New> 2 years
ManagerialFocus
Substantial returns, declining growth‘Cash cow’ to fund future investments
Reprints & Tie InsNew EditionsNew Product Packs
(combinations)New Markets• Retailers• Book Clubs• IndustrySupplements
Reducing cost & guarding profitabilityDefending market share
UKWorldwide
Increasingly important source of new revenue
New Product CategoryNew Book TitlesDigital Publishing (pdf, HTML books)Custom Publishing (volume)• Industry Promotion (e.g. Kellogg,
Disney, etc)• Textbook & Case Studies
Building market share & revenues• Direct channels• Market segmentationIncreasing capital productivity
UKWorldwide
Low negative revenue with rapid growth potential
Digital Publishing (e-paper)Content Publishing, e.g.• Travel Industry Content• Publish by interest; sights, pubs• Personal BooksOnline StorytellingPrint on Demand
Assessing H3 business model Risks assessmentBuilding alliancesContent pricing modelsComponent content mgmt Influencing technology direction
Marketing Resource ManagementDirect Marketing
Horizon 3 Product Platform• Content Management• Text to Speech Technology• e-Paper Books• Billing
FOCUS OF SERVICE INFRASTRUCTURE
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Competitive Forces
Travel Guide CompetitorsAABerlitzBradtDK Travel Fodor’s Lonely Planet’sRough Guides
SuppliersNew world labour arbitrage
BuyersBook Stores (M&A)Supermarkets (leading titles)Amazon.comBut not travel or rent-a-car agencies
SubstitutesTravel agent websitesTravel Channel Travel magazinesNewspaper supplementsCitysearch, budgog, walkabout, etcGoogle.comFrommers.com
New Entrants Wiki Travel http://wikitravel.org/en/Main_PageYahoo Travel
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Online Travel Guide
Online Travel Guide
Print-on-Demand
Digital xml file
4. Use Content
Raw Publication Content
AuthorReviewerApproverPublishing Coordinator
Different Publication Templates
3 Publish Content
1 Create & Maintain Travel Content
OTG Content Server
2 Prepare Publication
Online Travel Guide
Online Travel Guide
Print-on-DemandPrint-on-Demand
Digital xml file
4. Use Content
Raw Publication Content
AuthorReviewerApproverPublishing Coordinator
AuthorReviewerApproverPublishing Coordinator
AuthorReviewerApproverPublishing Coordinator
Different Publication Templates
3 Publish Content
1 Create & Maintain Travel Content
OTG Content Server
2 Prepare Publication
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Component Considerations
What content to cover, e.g. image, text, audio, video, etc? Specification of the ideal re-useable content component. Change from authoring publications to authoring content
(format and presentation is last) Search versus classification taxonomy. What is the lifecycle of the content to be stored? xml, DocBook, pdf, Unicode, XSLFO and other Standards. Configuration of workflows and approval processes. Configuration of templates, style sheets, DTD, xml schema, etc.
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Multi-Book Format e-Novels
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Contact
Technology architecture & solutions are justified at a strategic and financial level by preparing a business case.
See Business Analysis: A Guide to Aligning IT & Business Strategy The Data Administration News Letter- TDAN