Competition from the internet and products such as Microsoft’s
best-selling Encarta CD-Rom encyclopaedia has driven Encyclopaedia
Britannica International to disband its network of sales agents in the UK
and Ireland.
According to the company, the revenue from in-home sales no longer
justifies the costs. It will now concentrate on other direct marketing and
retail activities, and plans a œ1 million world-wide rebranding
campaign.
”We have no alternative. We are responding to consumer demand for faster
and more convenient ways to buy,” said Tim Pethick, vice president and
general manager of England Language Products, which produces the
encyclopaedia.
”We have already adapted our products to the emerging electronic age, with
the Britannica Internet Guide, our web site Britannica Online
(www.eb.co.uk) and our CD-Rom, the Britannica CD98, launched last
November.”
Such modernisation was inevitable. Since the early 1990s, worldwide sales
of the 32-volume printed edition of the encyclopaedia have fallen by 85
per cent. And this year in the UK, the company expects to sell only 4,000
printed sets costing an average œ3,000 each, compared to 80,000 CD-Roms
selling for œ125.
”It’s been difficult to shrug off our leather-bound image and extensive
heritage,” admitted Carol Seale, Britannica’s PR manager. ”And perhaps
we’ve been a bit slow to embrace new marketing means.
”Partly, marketing is product-led,” she added. ”Whereas the
encyclopaedia’s printed version lends itself to in-home presentations, the
CD-Rom doesn’t, so we have had to find out new ways of marketing it.”