By Liu Ting
Books of the future will surely be divided into diferent circles. Creating, publishing and distributing books in the future will mean that we have to first think about how to put them into the right “circles”, specifying their community, objectives, channels and services. In a few words, we summed up how to improve “circle marketing”: exposure, surprise, creative production, concentration and intimacy. Other than that, there also needs to be a “halo” – books have to come with their own circle of light. This “halo” refers to a number of things, primarily: content well done; secondly, copywriting, as the production of copywriting has to add to the light that the book shines by itself. After that, the next issue to look at is volume – the amount of traffic that can be generated. At present, this is mainly created by crossover marketing, IP marketing, hunger marketing, event marketing, word of mouth, emotional marketing, interactive marketing (also known as trigger-based or event-driven marketing), viral marketing, social marketing, CPM cards and so forth.
As for the second half of 2020, we have made out the four following trends.The first trend is product differentiation; the second will be “new products, old products turning red again”. What does it mean to be turning red”, or popular again? By now, the book industry has been developing for many years. There are a number of books that did not attract wide attention when they were published originally, albeit their potential. To promote these types of books is a trend we will see in the future. The third trend we can make out is the use of KOL and KOC (Key opinion consumer). The fourth trend is promotion for impulse purchases. Discount rates now already stand at 50%, so should we really continue down this road? The answer is Yes, but the question is How. In advertising, there is a type of marketing called impulse marketing. That is to say, during a certain period of time, advertisement and publicity has to be frequent, and the product cycle of books is certainly a longer one than that for food stufs, so this is what we call impulse promotion and marketing.
The process of managing fans and creating a sense of scarcity or products having sold out. There is one more very important issue within circle business, which is the attention attached to fans and maintaining them. Whether it is on WeChat or Weibo, all of the eforts that have been undertaken by publishing houses, even down to every single book that is sold – this was done for the users. When these users enter the own domains of the publishing house, it is imperative to treat them with kindness.
The process to create very successful products first involves exploring its selling points, in accordance with its content, to seek its selling points from a marketing perspective with a view to the specific needs of the market and the audience, so as to achieve user penetration. Secondly, the marketing plan has to be fnalized, again that means that it has to correspond with the selling points of the product, circle customers, deriving new and creative marketing ideas, taking control of the timing and rhythm of promotional activities, linking an overview of all resources with the control of tempo and timing. Thirdly, the resources of all parties have to be integrated, sorting out the resources according to the timing of marketing activities, combining the power of different resources, maximizing traffic, to achieve strength at last. As for the overall marketing strategy of highly successful products, what comes frst is that the product must be of excellent quality, starting with the content, delineating user groups, seizing the market. Secondly, it should fit with the timing and rhythm of the platform, accurately grasp its characteristics, meet users’ demand, maximize transformation, and give users a high-quality price experience. Finally, to ofer a diverse marketing plan, marketing strategies have to be specifed for diferent levels and stages, keeping up with specific points of interest of the market and achieving innovative marketing through a variety of diferent channels and means.
(Translated by Leonie Weidel)