INDUSTRY
Publishing
Digital Transformation
for the Publishing Industry
The publishing industry has undergone significant changes in recent years with the rise of digital technology and increased competition.
Changes in reading habits make it necessary for publishers to diversify their revenue streams and adapt. And we’re here to help them do this. | Using the Digatil Business System, we work with you to deliver the transformation you need to become more efficient and more profitable. Whether working on specific projects or providing ongoing support, we provide valuable insights and expertise based on our years of navigating challenges in the industry.
Industry changes and challenges
The publishing industry is facing several challenges,
some of which include:
Competition from self-publishing:
The rise of self-publishing platforms and print-on-demand technology has made it easier for authors to bypass traditional publishers and reach readers directly. This has led to increased competition for traditional publishers, as well as a flood of new material to the market.
Declining print sales:
The shift to digital media has resulted in declining print sales, which has had a significant impact on traditional publishers. This has forced them to find new revenue streams, such as digital subscriptions and licensing agreements.
eBook pricing:
Setting the right price for eBooks has become a major challenge for publishers. On one hand, they need to make a profit, while on the other, they need to be competitive in a market where consumers expect lower prices for digital content.
Piracy:
Piracy continues to be a significant issue for publishers, particularly in the digital space. This not only results in lost revenue but also undermines the value of intellectual property.
Changing reader habits:
The way people consume content is changing, with more and more readers turning to online sources for information and entertainment. Publishers must adapt to these changing habits and find ways to engage with their audiences in this new landscape.
Diversifying revenue streams:
In the face of declining print sales and the growth of digital competition, publishers are looking for new revenue streams to diversify their income. This includes things like licensing agreements, events, and other non-traditional revenue sources.
Publishing
How we
can help
Digatil offers a range of services that can help publishing companies improve their operations and reach their goals. These services are designed to address the unique challenges and opportunities faced by publishing companies, and can help organizations to increase efficiency, reduce costs, and grow their businesses. At the centre of everything we do is Artificial Intelligence and machine learning. This helps us accelerate the speed at which we can deliver results and improves outcomes.
Our consulting practice in the publishing sector focuses on:
Guidance
Marketing
Analysis
Growth
Financee
The Digatil Business System Advantage
Our capabilities, achieved through our proprietary Digatil Business System, include:
- Use of Artificial Intelligence and machine learning to provide insights and information into business problems and industry trends. It’s also utilized to create solutions and to run business scenario simulations: know what will happen before spending significant time and resources on implementations
- Conversion of the enterprise into an agile operation
- Automation across all of your business processes
- Application integration
- New low code applications
- Changes in operating models
- Risk analysis and management including the application of best practices
- Comprehensive implementation plans
- Solutions implementation and post-implementation support
- Customer analysis
- Application of big data and machine learning/AI with advanced analytics
- Regulatory compliance both domestically and internationally
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Industry
Sub-Areas
Delve into the dynamic landscape of digital publishing, exploring emerging trends such as self-publishing platforms, interactive e-books, and digital marketing strategies, to empower authors, publishers, and content creators in reaching wider audiences and maximizing reader engagement.
Navigate the complexities of content distribution in the digital age, from leveraging social media platforms and content syndication networks to optimizing search engine visibility and implementing targeted advertising campaigns, to effectively promote and monetize digital content across diverse channels and platforms.
Ready to talk ...
(778) 819-7600
available from 8:00 am – 10:00 pm
Email support@digatil.com
