Top 3 big players in book publishing 📗

That can, but just don't want to join the secondary resales market.

Amazon Kindle

Rakuten Kobo

Barnes and Noble Nook

Top 4 big players in Online publishing 👨🏻‍💻

Webtoon 👩‍🎨

Strengths:

• Biggest user base for comic/manga readers: 72M
• Large social media following
• Loyal user base of creators and consumers.
• Strong community inside and outside the platform
• Large content catalogue
• Strong branding.

Weaknesses:

• Doesn't offer direct sales for readers
• Ads are the only monetisation option
• No secondary market

Opportunity:

• Good industry connections
• Well established platform with market authority
• Ability to make successful books into franchises (ie. film and TV)

Threat:

• Demand for higher pay from authors
• Rising competition

Wattpad ✍🏻

Strengths:

• Biggest user base for book readers: 90M
• Loyal userbase
• Strong community inside and outside the platform
• Large content catalogue
• Large social media following
• Go-to place for new online writers

Weaknesses:

• Poor branding
• Doesn't pay authors in any way
• No secondary market

Opportunity:

• Biggest authority in online writing market

Threat:

• Rising competition
• Authors beginning to look for alternatives which allow them to monetise their work.

Radish 📜

Strengths:

• Has a niche user base for fiction authors: 1M
• Strong branding
• Loyal userbase
• Large content catalogue

Weaknesses:

• Small user base in comparison to competitors
• Writers are paid quarterly ONLY
• Low social media following
• Low social media engagement

Opportunity:

• Received $63M in series A funding

Threat:

• Other competitors allow exposure to a wider audience

INKR 🦸‍♂️

Strengths:

• Loyal userbase
• Niche userbase for comics
• Large content catalogue

Weaknesses:

• Low social media following
• Low social media engagement
• Low social media following
• Low social media engagement

Opportunity:

• Recently received $3.1M in funding

Threat:

• Competing heavily with Webtoons for the comic/manga readerreaderbasebase

Full Presentation

Threat:

Opportunity:

Weaknesses:

Threat:

Opportunity:

Weaknesses: