In late September, Firebrand (NetGalley’s parent company) hosted its bi-annual community conference in Portsmouth, New Hampshire. The community conference is an opportunity to bring our clients together from across the industry to swap stories and strategies. And, it’s a chance for us at Firebrand and NetGalley to learn about our clients’ needs. After an intimate conference full of long-time attendees, we’re still mulling over the conversations we had. Here’s what’s still on our mind:
Learn to fail or fail to learn
The conference opened with Firebrand President, Doug Lessing, showing SpaceX’s video of failed attempts to land orbital rocket boosters. Entertaining as it was to watch a bunch of technical fails and explosions, the message was clear; organizations that aren’t afraid to fail will ultimately be the ones to innovate. Experimenting, and learning from those experiments, will help us think ourselves into the future. The publishing landscape is always shifting, and most publishers are still trying to catch up to new audiences, new platforms, and new technologies. It’s only by being open to experimentation (which necessitates failures), that we will be able to meet these new challenges.
It’s not just about getting data, it’s about how you use it
It’s no news to the publishing industry that we need to embrace data more fully as a decision-making tool. But, sometimes it’s hard to know exactly where to get started and how to implement it into our already busy schedules. Fran Toolan, Firebrand’s Chief Igniter, introduced the DIKW framework for thinking about how to integrate data into decision-making. Conference attendees practiced the DIKW process together by examining lists of most popular books from multiple sources during a group session. By looking at different data sets – evaluating what information we can glean from it, what information is missing, and what other data points we might want to correlate – we were learning about how to structure data collection, analysis, and implementation.
New technology doesn’t replace the old
Michele Cobb, Executive Director of the Audio Publishers Association, brought up a surprising fact during her talk on growth in the audiobook market. She said that despite the popularity of digital media consumption and the rise of podcasting, audiobooks on CD don’t appear to be going anywhere. As new tech emerges, such as smartphones with streaming capabilities, old tech does not just go gentle into that good night. In the case of CDs and audiobooks, they are still useful for libraries, car travelers, parts of the world with spotty Internet infrastructure, and more. Additionally, self-published audiobooks can be printed on demand on CD, allowing for more audiobooks to come from more sources. It’s a welcome reminder that the newest and shiniest tool or technology doesn’t necessarily mean the death knell of traditional tools and tech. Ideally, it just means more choice and more access.
Collaboration across industry is key to survival
Publishers are all feeling the effects of a crowded industry. There seem to be infinite books, authors, platforms, publishers, imprints, and content delivery systems, all hoping to get the attention of what can feel like a dwindling market. But, as BISG Executive Director Brian O’Leary reminded us during his keynote, it’s by working collaboratively that we can make real improvements to the industry that will set us up for collective success in the future. By developing shared standards and workflow, we can ensure a more streamlined process throughout the life cycle of book publishing. Doug Lessing’s talk on blockchain brought this message home. He described one potential use of blockchain technology: developing an industry standard, secure platform for all aspects of the supply chain. While this would certainly require a lot of cross-industry conversation and planning, a secure standard platform for all supply chain transactions would streamline the day to day operations across the industry. And it’s only through that planning that all industry players could reap the benefits.
The Firebrand Community Conference is an opportunity for us to come together with our clients to think about how to best prepare for the future of publishing. At both Firebrand and NetGalley, client input, like the conversations we have at the conference, is a leading factor in how our services evolve. We value this opportunity to connect with our clients to better learn what their needs are, and how we can continue to help them reach their goals in a changing industry. We’ll see you all at the next Community Conference!