Re: Books an endangered commodity
Magazines are another example why E culture cannot take over print media, completely.
it eventually will, i can guarantee it. just like in some time u will have no such things as record stores the way we knwo it today. dont forget that human population is not static, generations come and go and each new generation would have less of an interest in what was dear to someone 3 generations ago. I have zero 8 tracks in my house, a handful of video tapes, and sadly due to a theft none of my prized vinyl collection. etc etc
Manufacturers and service providrs dont like TIVO cause it gives too much control in the hand of consumer. They skip the commercials and manufacturers loose money.
but again, they have to deal with it, and they can either revise their revenue model or become irrelevant.
the issue is impressions, targeted customer approaches and pinpointing market fragments. as we speak there is enough data around that can tell you how many ppl see a particular ad campaign in what media, what group they are part of. There are many overlapping descriptions of groups e.g. urban vs rural DINKs, of asian origin, of a certain education level ... I mean marketing ppl have more data points now than anytime before in history. so anyways they can see what ad campaign created what demand in what group who bought from what source, what else did they buy, what was the impact of weather conditions, promotions by other companies (sometimes u actually get a liftr from competitors promotions)
marketers dont have an interest in running ads. back in the 50s a marketer needed a handful of ads running to reach majority of his target audience, now it takes 70+, why? media growth, fragmentation based on choices, fragmentation based on population shift.
damn I can bore you guys with this stuff..but this is what I do for a living :D you would be scared if I tell you how much data companies can potentially have but industry is self regulating so it is not going down to personal preferences.
so these big time ads on superbowl, and all, u know what is the impact of them? the same as that of flagship stores for designers on fashionable strips like rodeo drive, mag mile, 5th ave, bond street... hardly any of those locations turn a profit. its simply for presence and image.
so in terms of targeted marketing, digitized media can tell me, how long did i spend on an ad, how many times did i look at that ad. its diff than mags now where i can say hey i think my target audience reads GQ and I want my ad to be right by the segment on new season styles, well did the right ppl even look at it, or did they just rush by it. digitizing and permission based marketign would mean u will not waste effort on non qualified buyers anyways, u focus on buyers that meet your needs which could mean that digitized GQ that some rich guy like u wil see would be advertising rolex watches in the style section and for some gahreeb admi like me the ad would be for swatch..
oh i should stop..
Too much digitalization is a threat to marketing industry.
actually quite the opposite. now you are talking my language :) digitization means easy capture of consumer behavior and purchasing patterns, you can then entice the customers by opt in advertising and deals. I live this day in day out..
Plus E-book might make sense but E-magazine ....
I tried reading PC-world on there website, Its not even half as fun as it is when you read the real magazine.
because the experience is so different, sitting in a barca lounger sipping on a cocktail, as in your case, or sitting on the crapper puffing on a cigarette in my case..u simply cant do that with a laptop, not as cozy.
that is simply a issue of delivery mechanism, if u had these blank sheets that just downloaded magazine articles ads and everything, and you can flip thru it, would it really matter.
Plus paper can be recycled. But all those servers and hard disks and chips that save the data (be it e-books data or anything) are actually more hazardous to the world in long run than paper based books
we trade on hazard for another :)
books will be easier to replace than magazines, as you said due to marketing stuff. The topics being discussed include lockouts so u have to see teh ads as they relate to a specific article or articles.