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Print and
 beyond
 insights




The digital book printing
opportunity



Roger Christiansen
January 2013
Contents

            The challenge facing book printers
            The inventory problem
            On demand digital printing to reduce inventory
            How to take advantage
            Customer references
            Ricoh solutions
            Summary




24/01/2013                         Version: [###] Classification: Internal Owner: [Insert name]   2
The challenge facing book printers




                              Print
                            volumes                                                                                                 Profit
     eBooks                                                          No of                               Print
                                                                     titles                              costs




Overall, print volumes are declining.       At the same time the                                         As a result, print costs per
This is due to changing reading habits,     number of titles being                                       title have been increasing,
and partly due to eBooks which are          published is increasing.                                     putting pressure on the
growing rapidly,                            There are 1,000,000                                          profitability of Book Printers
                                            manuscripts looking for a                                    and their clients, the
                                            publisher in the world at any                                Publishers
                                            given moment (Source:
                                            Content Marketing
                                            Association)




24/01/2013                                Version: [###] Classification: Internal Owner: [Insert name]                                       3
The inventory problem




              “Managing inventory and dealing with the problem of unsold books
             is extremely risky and expensive for publishers. It is estimated that
             up to 50% of all books printed remain unsold and have to be pulped,
             creating huge inefficiencies and added cost in the supply chain,
             which cannot easily be quantified when a book is published.”
             (Source: Pira International*)




24/01/2013                          Version: [###] Classification: Internal Owner: [Insert name]   4
On demand digital printing to reduce inventory


        79% of jobs in 2011 fell into a category of production volumes under 5,000 -
         which is suited to digital production. (Source: Pira)

        Hence digital book printing is growing rapidly – and is now 6% of all book
         printing in North America

        Ultra-short production runs are cost-effective when the latest digital print
         technologies are used – reducing inventory




Suited to digital production




24/01/2013                              Version: [###] Classification: Internal Owner: [Insert name]   5
How to take advantage


        Digital printing can radically change the business model for book printing


                      Print on demand or just in time to manage inventory,
                             reducing the problem of unsold books



                      Print locally / print on-site instead of printing
                   offshore - opens up competition for local providers



                      Flexibility - streamlined workflow efficiency
                         allows last minute changes / additions



                      Reduce production time: get books to market
                      quicker or respond to demand more effectively

                                                                                                      6
24/01/2013                             Version: [###] Classification: Internal Owner: [Insert name]
Innovations with digital books

Interactive content                                                                                   Customisation
New technologies like Ricoh                                                                           Text books can be tailored to the
‘Clickable Paper’ concept bring the                                                                   student; novels to the reader; and
printed page to life.                                                                                 business messages to the target
                                                                                                      audience.
For example: students could click on
images within School books to
access additional information via
Smartphone




24/01/2013                             Version: [###] Classification: Internal Owner: [Insert name]                                        7
Client Example: Re.Be.L

  Digital book printing                                          Challenges
                                                                 •       Diversify service offering
                                                                 •       Print books on demand
  Ricoh helps commercial                                         •       Personalise content
  printer profit from new                                        •       Provide fast turnaround
                                                                 •       Minimise production costs
  business venture
                                                                 Solution
                                                                 •       End-to-end solution
                                                                 •       InfoPrint® continuous feed printer
                                                                 •       Pro™ series digital cut sheet press
                                                                 •       InfoPrint® ProcessDirector

                                                                 Results
                                                                 •       Automated workflow
                                                                 •       Massive production capacity
                                                                 •       Same day turnaround
                                                                 •       Cost-effective to print just 1 copy



                 “Using Ricoh’s technology, we are able to meet growing customer
                 demand quickly and at affordable pricing. It is now possible to
                 print a single copy or 1,500 copies of a book profitably. Ricoh’s
                 solution automates the workflow, integrating the management of
                 data and processes to speed production and optimise output
                 quality.”

                 Roberto Noviello, Head of Projects at Re.Be.L
24/01/2013                               Version: [###] Classification: Internal Owner: [Insert name]          8
Ricoh solutions for Digital book printing


            Digital Printers

              –    Mono – Black and White Cutsheet and
                   Continuous Form Production Printers
              –    Colour - Colour Cutsheet and
                   Continuous Feed Inkjet Printers
              –    Finishing - wide range of options


            Software and Solutions

              –    IPPD Workflow automation
              –    TotalFlow Cadence for Publishing




24/01/2013                                     Version: [###] Classification: Internal Owner: [Insert name]   9
Summary

        The time is right for Print Service Providers to
         take advantage of the opportunities in Digital
         book printing

        The move to digital means that European
         printers can not only capture new business but
         also provide a local value-added service for
         publishers

        Find out more on Ricoh Business Driver




                           Ricoh-europe.com/printandbeyond


24/01/2013                          Version: [###] Classification: Internal Owner: [Insert name]   10
Thank you




            11

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Print and beyond insights - the digital book printing opportunity

  • 1. Print and beyond insights The digital book printing opportunity Roger Christiansen January 2013
  • 2. Contents  The challenge facing book printers  The inventory problem  On demand digital printing to reduce inventory  How to take advantage  Customer references  Ricoh solutions  Summary 24/01/2013 Version: [###] Classification: Internal Owner: [Insert name] 2
  • 3. The challenge facing book printers Print volumes Profit eBooks No of Print titles costs Overall, print volumes are declining. At the same time the As a result, print costs per This is due to changing reading habits, number of titles being title have been increasing, and partly due to eBooks which are published is increasing. putting pressure on the growing rapidly, There are 1,000,000 profitability of Book Printers manuscripts looking for a and their clients, the publisher in the world at any Publishers given moment (Source: Content Marketing Association) 24/01/2013 Version: [###] Classification: Internal Owner: [Insert name] 3
  • 4. The inventory problem “Managing inventory and dealing with the problem of unsold books is extremely risky and expensive for publishers. It is estimated that up to 50% of all books printed remain unsold and have to be pulped, creating huge inefficiencies and added cost in the supply chain, which cannot easily be quantified when a book is published.” (Source: Pira International*) 24/01/2013 Version: [###] Classification: Internal Owner: [Insert name] 4
  • 5. On demand digital printing to reduce inventory  79% of jobs in 2011 fell into a category of production volumes under 5,000 - which is suited to digital production. (Source: Pira)  Hence digital book printing is growing rapidly – and is now 6% of all book printing in North America  Ultra-short production runs are cost-effective when the latest digital print technologies are used – reducing inventory Suited to digital production 24/01/2013 Version: [###] Classification: Internal Owner: [Insert name] 5
  • 6. How to take advantage  Digital printing can radically change the business model for book printing Print on demand or just in time to manage inventory, reducing the problem of unsold books Print locally / print on-site instead of printing offshore - opens up competition for local providers Flexibility - streamlined workflow efficiency allows last minute changes / additions Reduce production time: get books to market quicker or respond to demand more effectively 6 24/01/2013 Version: [###] Classification: Internal Owner: [Insert name]
  • 7. Innovations with digital books Interactive content Customisation New technologies like Ricoh Text books can be tailored to the ‘Clickable Paper’ concept bring the student; novels to the reader; and printed page to life. business messages to the target audience. For example: students could click on images within School books to access additional information via Smartphone 24/01/2013 Version: [###] Classification: Internal Owner: [Insert name] 7
  • 8. Client Example: Re.Be.L Digital book printing Challenges • Diversify service offering • Print books on demand Ricoh helps commercial • Personalise content printer profit from new • Provide fast turnaround • Minimise production costs business venture Solution • End-to-end solution • InfoPrint® continuous feed printer • Pro™ series digital cut sheet press • InfoPrint® ProcessDirector Results • Automated workflow • Massive production capacity • Same day turnaround • Cost-effective to print just 1 copy “Using Ricoh’s technology, we are able to meet growing customer demand quickly and at affordable pricing. It is now possible to print a single copy or 1,500 copies of a book profitably. Ricoh’s solution automates the workflow, integrating the management of data and processes to speed production and optimise output quality.” Roberto Noviello, Head of Projects at Re.Be.L 24/01/2013 Version: [###] Classification: Internal Owner: [Insert name] 8
  • 9. Ricoh solutions for Digital book printing  Digital Printers – Mono – Black and White Cutsheet and Continuous Form Production Printers – Colour - Colour Cutsheet and Continuous Feed Inkjet Printers – Finishing - wide range of options  Software and Solutions – IPPD Workflow automation – TotalFlow Cadence for Publishing 24/01/2013 Version: [###] Classification: Internal Owner: [Insert name] 9
  • 10. Summary  The time is right for Print Service Providers to take advantage of the opportunities in Digital book printing  The move to digital means that European printers can not only capture new business but also provide a local value-added service for publishers  Find out more on Ricoh Business Driver Ricoh-europe.com/printandbeyond 24/01/2013 Version: [###] Classification: Internal Owner: [Insert name] 10
  • 11. Thank you 11