Why Print's Not Going Away Anytime Soon
If you’re reading this, chances are your firm has survived the depressing recession of 2008-09. Perhaps your management team was forced to cut shifts or staff or institute work furloughs to weather the storm.
If you’re reading this, chances are your firm has survived the depressing recession of 2008-09. Perhaps your management team was forced to cut shifts or staff or institute work furloughs to weather the storm. Maybe your company was one of many that merged, as when Carlstadt, N.J.-based Unimac Graphics acquired bankrupt TanaSeybert of Manhattan last October. Around that same time, Printing News Editor Toni McQuilken asked if I’d like to write a bimonthly column on offset printing. The first thing I did was check my 2010 commitments via my Microsoft Outlook eCalendar. Not so very long ago, I would have cross-checked a printed Franklin Planner (remember those?), pen in hand.
Print is, in a strange way, like my grandmother-in-law, God rest her soul, but the lady talked about dying for at least 20 years before the inevitable eventually happened, when Gram was in her ripe-old late 80s. Similarly, the pending death of print has been forecasted for at least the past 60 years or so. I heard stories when I worked for R.R. Donnelley about how, as television technology emerged in the 1950s, naysayers said people would not read anymore. Ironically, TV Guide became the largest circulation magazine of its era. In the ’80s, computers changed our world forever and, again, the print medium was doomed by many pundits.
Within Donnelley, a new business unit profited handsomely from the printing of computer documentation. Then, in the 1990s, the Internet blossomed, and it was déjà vu all over again. After about a decade of paranoia, printers realized it didn’t need to be an either/or scenario—they can coexist with the online world.
On Christmas Day, for the first time in history, mega online retailer Amazon.com sold more electronic books than their paper counterparts. (Priced at just under $500, the Kindle eReader was its most-shipped gift item.) Amazon CEO Jeff Bezos, who admits hardly ever reading books in print anymore, believes these single-day tallies may herald the end of printed versions. “No technology, not even one as elegant as the book, lasts forever,” he commented.
Mr. Bezos, Puleez...
Please, with all due respect, Mr. Bezos, save the drama. We’ve heard these claims before, and I haven’t even mentioned the “paperless office” of the future that was due to arrive in Corporate America twenty-something years ago. It must have slipped Bezos’ mind that Amazon-owned online shoe store Zappos.com had 750,000 48-page fashion catalogs printed and mailed just in time for the holidays. Why? Because Web sites supported by catalogs yield 163 percent more revenue than those not supported by catalogs. That’s what a U.S. Postal Service comScore survey revealed. Furthermore, almost every respondent to a study by Key Catalog/Multichannel Issues said that a printed catalog generated online sales. Sixty percent felt catalogs influenced at least half of all online sales, and Web site sales rise 20 to 50 percent after a catalog mail drop.
It’s not news that time and technology are altering print as we knew it, contributing to downward slides in both press run sizes and frequencies. “Today, other content distribution alternatives are shrinking the demand for printed pages,” noted former quick printer turned marketing consultant Mike Stevens. “That’s not good for printers who can’t comprehend the change. But, it creates mind-boggling opportunities … for visionary printers who understand the change and can adapt to it.” Stevens adds, “Print executives must envision themselves as ‘content distributors.’”
Savvy marketers know that using only one medium is far too limiting these days. “Different people respond to different media,” Aaron Magness, director for brand marketing and business development at Zappos, told The New York Times last December. In fact, integrated multimedia in print and online is the way most businesses market effectively today. Direct mail and e-mail/PURL combination campaigns are becoming the norm. Now there’s the added twist of Web 2.0 and social media sites such as Facebook and Twitter as well as mobile smart phones powered by 3G and 4G networks.
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