We talk about “traditional” print publishing today as old hat. Well, not too far into the future the new tablet computers, eReaders and other mobile devices will be “traditional” or old hat also. Just like the old bulky camcorders (remember them?) have given way to more diminutive devices.
After all, who will need ANYTHING you have to carry to compute on, or receive data on, when you will probably be able to think, or command in some other way, data molecules right out of the air into holograms for such tasks!
Ouch! All this prognosticating has left me drained! But, to get back to the present, just how is the state of digital publications doing after their first introduction about 10 years ago (damn has it been that long)?
As the digital edition industry near 10 years of age, Nxtbook Media recently wrapped a survey called “Digital Editions: The State of the Industry,” which polled 233 publishers on their overall satisfaction with digital editions as audience tools and revenue generators, and how mobile apps and tablets will influence their strategy going forward.
Interestingly, Nxtbook concluded from the results that there is great latent potential in digital magazines from the perspective of the publisher. In terms of priorities, Nxtbook believes, publishers are more focused on increasing circulation for digital magazines and selling advertising more effectively into the format, than they are on apps and mobile solutions.
When it comes to the circulation of their digital magazines, about 40 percent reported modest to great satisfaction. On the other hand, 38 percent were somewhat dissatisfied while 22 percent were quite dissatisfied.
However, b-to-b publishers seem more pleased with digital magazines at this point than their consumer counterparts, with 50 percent saying they are somewhat to greatly pleased with their digital circulation.