How do you keep pace with the dynamics of the Mobile Revolution?
No
other instrument has created a greater impact in our lives, at least in recent
decades, than the mobile phone. There are more than a billion users in India of
the mobile phone, but more than the numbers it is the sheer power of the
instrument, especially the smartphone, that is amazing. If at home it may not
be surprising to see silence reign and members of a family engrossed in
texting, pinging, chatting or whatever with their eyes glued to the small
hand-held screen, the transformation of the media landscape and
publisher business has been quite dramatic, so much
so that several organisations, including the majors, are now focused on meeting
the challenge of catering to the customer of today and tomorrow – Generation Z
– who, according to Dushyant Khare of Google India, is likely to be a
mobile-only user.
For
owners, publishers, editors and technical heads, riding the “smartphone wave” hasn’t
been easy and it is unlikely to be smooth in the days ahead. For the mobile
revolution is still as dynamic as ever. As Khare says, the
question that is uppermost in their minds
relates to money, especially at a time when print subscribers have dwindled.
So who is going to make sense of the “digital phenomenon”?
We may have to wait a while for that to happen.
The
latest World Press Trends Report has found that
for the first time, circulation revenue of newspapers across the globe has
surpassed advertising revenue. Declining advertising
revenues are posing yet another challenge
for publishers
– how to make
print more attractive.
Kasturi Balaji, director of Kasturi & Sons who now heads the World Printers Forum, suggests that a redefinition of the newspaper may be required if the printed newspaper and the printing plant
are to be sustained. Can newsprint compete visually with high-quality displays
on mobiles, tablets,
he asks. We all know the answer to that. So, what’s the way forward? One of the
ways could be users buying the articles they wish to read. Blendle’s micropayments system
holds promise for publishers not only as a revenue stream but also as a gateway
to selling subscriptions. The concept as far as I know is yet to take shape in
India but it is an interesting concept nevertheless.
Then there is the whole
issue of mobile revenues not keeping pace with the rising number of people
using smartphones to consume news. Google, Facebook and Twitter seem to be
making all the money while others are left wondering what to do. More than half the readers of four UK national titles (Independent, Daily Mirror,
Express, Guardian) access
content only on mobile devices (smartphone or tablet), not in print or on a desktop computer. And that not only makes the
picture clear but also strengthens the view many of us have – that the future
will be more about mobile devices.
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