In our seminar we discussed business models in greater
depth, and the disruption of traditional business models from aggregators such
as Amazon and Google. Companies try to
stave off such disruption by ‘being better’ and improving their value
proposition. However, many companies end up exceeding customer expectations
rather than meet them (Kodak, for example), and thus fail in their attempts to
be at the top their game.
Disruption from companies such as Amazon has other
ramifications for publishers: for example, in terms of their resources, process
and values and the business models that regulate them. Publishers are now
having to invest in digital editions and co-editions, in training or hiring
staff for digital roles (such as product developers), in new software and in
other technological developments.
There are, however, new opportunities for businesses due
digital ‘disruption’. For example, there are new and more efficient channels
for marketing; external display, video advertising (internal commercial
messages), sponsored links, solus-email marketing, Real Simple Syndication
(RSS) feeds and so on.
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