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Print 2.0
Coming from a background in online B2B publishing dealing with the migration from print to online and the slight decline in magazine subscriptions I find it quite interesting that the print industry is also moving forward which is something that I thought was many years away until e-book readers became more like paper itself in the mainstream, e ink e ink has this technology.
Now whilst this technology is being improved, we have something new on the scene, A company called On Demand Book LLC created the Espresso Book Machine (ESB).
The ESB is essentially a printer that can print any book it has in its library in minutes.
On Demand Books (ODB) replaces the inefficient and centralised supply chain for the distribution of books, with a radically decentralised direct to consumer retail model in which content is fully distributed electronically at point of sale and converted into a paperback book.
It was voted best invention in 2007 by Time Magazine
Jason Epstein has written an excellent post on An Autopsy of the Book Business where he is quoted as saying:
“The only way to save the book industry is to get rid of all the books.”
So what does all this mean for us?
Well, I like reading, but do not always have the time or patience to visit a book shop or wait for an online delivery (I live in Dubai so shipping takes a while and you generally need a few hours to get into a mall and shop), so it would be great to be able to just stop off at a Book Machine and be able to print what I want, when I want quickly.
From a business perspective, this could easily allow magazine publishers as well as book publishers to offer their consumers the option to access the via a new medium which could lead to an increase in sales and therefore could also increase advertising revenue.
What are your thoughts?
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