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Disruptive Innovations In
Media-Based Industries
     Advertising Publishing Film
Disruptive Innovations In
Media-Based Industries
     Advertising Publishing Film
3




“...a process by which a product or
service takes root initially in simple
applications at the bottom of a market
then relentlessly moves “up market,
eventually displacing established
competitors.”
                             Clayton Christensen
4




http://www.youtube.com/watch?v=Q1vw23YHFds&feature=youtu.be
Disruptive Innovations In
Media-Based Industries
6




Industry Leaders
 Advertising       Publishing   Film
7




      Industry Forecast

“The future of advertising will not fit in
the containers of the past.”
                                         Rishad Tobaccowala
                     Chief Strategy & Innovation Officer, VivaKi
8




      Industry Forecast

“The biggest problem facing book
publishing...is that a perfect industry is
being replaced by one filled with chaos
and opportunity.”
                                      Seth Godin
                                Best-selling Author
9




      Industry Forecast
“Hollywood will be destroyed and no
one will notice. Collaborative
storytelling and filmmaking will do to
Hollywood what Wikipedia did to
Encyclopedia Britannica.”
                                  Jimmy Wales
                            Founder of Wikipedia
Change is Inevitable




                     Growth is Optional




                       Change is Hard




Industry Realities
11




Systems & Structures
Ad Agencies, Publishing Houses,
and Film Studios exist within very
dynamic ecosystems.
                                     Full Service Agency
  Specialized Industries               (One Stop Shop)

  Established Brands
  Complex Products
  Creatively Oriented
  Celebrity Focused
  Talent Dependent
  Customer Evaluated
  Top-Line Ranked
  Bottom-Line Driven
  Award Generating
12




  Markets & Money
Ad Agencies, Publishing Houses,
and Film Studios exist within very
competitive marketplaces.
  High Cost of Goods Sold
  Low Cost to Consumer
  Depend On Volume Sales
  Heavy Marketing Spend
  Success Determined Early
  Long-Tail Opportunities
  Complex Compensation
  Satisfying Investors
  Work Project-by-Project
  Manage Full Portfolio
13




  Content & Control
Ad Agencies, Publishing Houses,
and Film Studios existence needs
intellectual properties.

  Licenses & Royalties
  Rights & Permissions
  Exclusivity & Non-Exclusivity
  Contracts & Negotiations
  Terms of Agreement
Navigating
The New Normal
15


What Challenge & Change Should Feel Like




                     http://www.youtube.com/watch?v=L2zqTYgcpfg




 GetPropulsion.com
16


Leverage Technology: It’s A Tool So Use It
17


Relinquish Control: Customer Over Content
18



Attack Yourself: Become Your Own Competition
      Exceeded Zondervan’s first year sales goals 10X, outselling company/category leader 5X.

      • Audiobook of the Year (2007) “...a tribute to innovative marketing.”
      • Silver Anvil (2007) “...the most ambitious and innovative audio Bible on the market.”
      • Effie (2008) “...totally redefining how consumers, retailers, and publishers view the category.”
                                http://youtu.be/mpAQoIuF264
19


Discover Blue Ocean: Know How/When To Zag
                    McDonald’s McMoms
                    Set standard at Leo Burnett that
                    other relationship marketing
                    programs would follow.
                    Surpassed first year performance
                    goals by 300%, returning 10X the
                    dollars to bottom line.

                    Hispanic version performed 600%
                    above goals, earning it an Effie.

                    McDonald’s accounting considered
                    strategic approach the most rigorous
                    design they’ve ever seen—air tight.
20


Find New Approaches: Becoming The First
21


What Innovation & Growth Can Feel Like




                     http://www.youtube.com/watch?v=IytjSl6voP0




 GetPropulsion.com
Any Questions?
  Thank You!

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Disruptive Innovations Transforming Media Industries

  • 1. Disruptive Innovations In Media-Based Industries Advertising Publishing Film
  • 2. Disruptive Innovations In Media-Based Industries Advertising Publishing Film
  • 3. 3 “...a process by which a product or service takes root initially in simple applications at the bottom of a market then relentlessly moves “up market, eventually displacing established competitors.” Clayton Christensen
  • 7. 7 Industry Forecast “The future of advertising will not fit in the containers of the past.” Rishad Tobaccowala Chief Strategy & Innovation Officer, VivaKi
  • 8. 8 Industry Forecast “The biggest problem facing book publishing...is that a perfect industry is being replaced by one filled with chaos and opportunity.” Seth Godin Best-selling Author
  • 9. 9 Industry Forecast “Hollywood will be destroyed and no one will notice. Collaborative storytelling and filmmaking will do to Hollywood what Wikipedia did to Encyclopedia Britannica.” Jimmy Wales Founder of Wikipedia
  • 10. Change is Inevitable Growth is Optional Change is Hard Industry Realities
  • 11. 11 Systems & Structures Ad Agencies, Publishing Houses, and Film Studios exist within very dynamic ecosystems. Full Service Agency Specialized Industries (One Stop Shop) Established Brands Complex Products Creatively Oriented Celebrity Focused Talent Dependent Customer Evaluated Top-Line Ranked Bottom-Line Driven Award Generating
  • 12. 12 Markets & Money Ad Agencies, Publishing Houses, and Film Studios exist within very competitive marketplaces. High Cost of Goods Sold Low Cost to Consumer Depend On Volume Sales Heavy Marketing Spend Success Determined Early Long-Tail Opportunities Complex Compensation Satisfying Investors Work Project-by-Project Manage Full Portfolio
  • 13. 13 Content & Control Ad Agencies, Publishing Houses, and Film Studios existence needs intellectual properties. Licenses & Royalties Rights & Permissions Exclusivity & Non-Exclusivity Contracts & Negotiations Terms of Agreement
  • 15. 15 What Challenge & Change Should Feel Like http://www.youtube.com/watch?v=L2zqTYgcpfg GetPropulsion.com
  • 16. 16 Leverage Technology: It’s A Tool So Use It
  • 18. 18 Attack Yourself: Become Your Own Competition Exceeded Zondervan’s first year sales goals 10X, outselling company/category leader 5X. • Audiobook of the Year (2007) “...a tribute to innovative marketing.” • Silver Anvil (2007) “...the most ambitious and innovative audio Bible on the market.” • Effie (2008) “...totally redefining how consumers, retailers, and publishers view the category.” http://youtu.be/mpAQoIuF264
  • 19. 19 Discover Blue Ocean: Know How/When To Zag McDonald’s McMoms Set standard at Leo Burnett that other relationship marketing programs would follow. Surpassed first year performance goals by 300%, returning 10X the dollars to bottom line. Hispanic version performed 600% above goals, earning it an Effie. McDonald’s accounting considered strategic approach the most rigorous design they’ve ever seen—air tight.
  • 20. 20 Find New Approaches: Becoming The First
  • 21. 21 What Innovation & Growth Can Feel Like http://www.youtube.com/watch?v=IytjSl6voP0 GetPropulsion.com
  • 22. Any Questions? Thank You!