customer focused publishing

59
CUSTOMER FOCUSED PUBLISHING Michael S. Hyatt President & CEO Thomas Nelson May 31, 2007

Upload: marketingland

Post on 14-Jun-2015

3.738 views

Category:

Business


1 download

DESCRIPTION

Excellent presentation at the Book Expo America, June 2007, by Michael S. Hyatt (President & CFO Thomas Nelson Publishers). More background on this presentation can be found on http://tinyurl.com/2jlj2j. Audio is available on http://tinyurl.com/2kwbd4. Uitgebreid Nederlands artikel op: http://tinyurl.com/2mja9c

TRANSCRIPT

Page 1: Customer Focused Publishing

C U S T O M E R

FOCUSEDP U B L I S H I N G

Michael S. HyattPresident & CEOThomas Nelson

May 31, 2007

Page 2: Customer Focused Publishing

“How Thomas Nelson moved away from

imprints and closer to customer wants”

Page 3: Customer Focused Publishing

THOMAS NELSON 1.0

Page 4: Customer Focused Publishing

1798

Page 5: Customer Focused Publishing
Page 6: Customer Focused Publishing
Page 7: Customer Focused Publishing
Page 8: Customer Focused Publishing
Page 9: Customer Focused Publishing
Page 10: Customer Focused Publishing

THOMAS NELSON 2.0

Page 11: Customer Focused Publishing
Page 12: Customer Focused Publishing
Page 13: Customer Focused Publishing

18Separate Imprints

Page 14: Customer Focused Publishing
Page 15: Customer Focused Publishing
Page 16: Customer Focused Publishing
Page 17: Customer Focused Publishing
Page 18: Customer Focused Publishing
Page 19: Customer Focused Publishing
Page 20: Customer Focused Publishing
Page 21: Customer Focused Publishing
Page 22: Customer Focused Publishing

THOMAS NELSON 3.0

Page 23: Customer Focused Publishing
Page 24: Customer Focused Publishing

PBS, “Fish Commercial”Video Clip in Actual Presentation

Page 25: Customer Focused Publishing

Current Outcomes

Current Thinking

Current Actions

Extraordinary Thinking

Extraordinary Actions

ExtraordinaryOutcomes

Page 26: Customer Focused Publishing

BAUCurrent

Thinking

Crisis

Possibility

Real

ity

Thinking the Unthinkable; Taking Unorthodox Action

A New Reality

Page 27: Customer Focused Publishing
Page 28: Customer Focused Publishing

One CompanyOne Company

Page 29: Customer Focused Publishing

Organizing Around Consumer Categories

Page 30: Customer Focused Publishing

It’s not about us.It’s about the customer.

Page 31: Customer Focused Publishing

Most publishing companies start with themselves and then look at the market.

Inside-Out Perspective

Page 32: Customer Focused Publishing

We wanted to start with our customers and then look at ourselves.

Outside-In Perspective

Page 33: Customer Focused Publishing
Page 34: Customer Focused Publishing
Page 35: Customer Focused Publishing
Page 36: Customer Focused Publishing

Business

Children

Gift

Page 37: Customer Focused Publishing

NelsonBooks

WBooks

RutledgeHill

NelsonCurrent

Page 38: Customer Focused Publishing

Bibles Brands Trade 1 Trade 2 Specialty

StudyLucado

EldredgeMaxwell

MacArthurMcLaren

McManusMiller

StanleyWOF

Spiritual Growth Business,

Culture& People

Gift Books

Readability PracticalLiving Children

General Interest

& LifestyleCurriculum Fiction Spanish

Strategic Publishing Units

Page 39: Customer Focused Publishing

MarketingEditorial Sales

Functional Silos

Page 40: Customer Focused Publishing

Focused Teams

Page 41: Customer Focused Publishing

Focusing on theThomas Nelson Brand

Page 42: Customer Focused Publishing

Asylum Records

Page 43: Customer Focused Publishing

Epic Records

Page 44: Customer Focused Publishing

Atlantic Records

Page 45: Customer Focused Publishing

# Artist Album Sales Label

4 Pink Floyd The Wall 23M Columbia

5 Billy Joel Greatest Hits 21M Columbia

6 AC/DC Back in Black 21M Epic

7 Garth Brooks Double Live 20M Capitol

8 Shania Twain Come on Over 20M Mercury

9 The Beatles The Beatles 19M Capitol

10 Fleetwood Mac Rumours 19M Warner

Top Selling Albums

Page 46: Customer Focused Publishing

20th Century Fox

Page 47: Customer Focused Publishing

20th Century Fox

Page 48: Customer Focused Publishing

Dreamworks

Page 49: Customer Focused Publishing

# Movie Gross Label

4 E.T. $435M Universal

5 Star Wars: Episode I $431M Lucas!lm

6 Pirates of the Caribbean $423M Disney

7 Spider-Man 1 $404M Columbia

8 Star Wars: Episode III $380M Lucas!lm

9 The Lord of the Rings $377M Newline

10 Spider-Man 2 $374M Marvel

Top Grossing Movies

Page 50: Customer Focused Publishing

Retailers?

Page 51: Customer Focused Publishing

Authors?

Page 52: Customer Focused Publishing
Page 53: Customer Focused Publishing

Publishers!

Page 54: Customer Focused Publishing
Page 55: Customer Focused Publishing
Page 56: Customer Focused Publishing

EDS, “Airplane Commercial”Video Clip in Actual Presentation

Page 57: Customer Focused Publishing

Bene!ts (so far)1. A simpli!ed business model

2. Better internal collaboration

3. Greater consumer focus

4. More market visibility

Page 58: Customer Focused Publishing

Q&AMichael S. Hyatt

President & CEOThomas Nelson

May 31, 2007

Page 59: Customer Focused Publishing