In the consumer photofinishing business, the print business model is not only becoming rapidly outdated, it is even becoming unviable. It has been replaced by a model focusing on promoting life stories, produced in the form of multi-image prints, calendars, posters and especially photobooks. Franz reviews the development of the worldwide personalized photo products market, and how it is changing the industry.
Don Franz, "The New Personalized Photo Products Business Model" in Proc. Int'l Symp.on Technologies for Digital Photo Fulfillment, 2009, pp 80 - 83, https://doi.org/10.2352/ISSN.2169-4672.2009.2.0.80