Printing is dying, as we are currently seeing the same transformation both with books and with photos: casual use moves from print to tablets, while at the same time getting high quality prints is getting more affordable and popular.
With photos we see that the typical print is now almost completely replaced by the tablet, or even the larger phones, which is not only cheaper but also has since the 3rd generation iPad a better quality. And since then the quality of the displays has only increased, with very good factory calibration, and now almost perfect color stability when viewed at angle. Combined with the convenience of the phone, now home printing only makes sense for larger prints, for those you want to keep visible in your home.
These are not that many prints, so it will be cheaper and likely of better quality to have them printed. And since the images you put on your wall are at least semi public, there will be no privacy problems with having them printed by strangers. These are bleak times for selling printers, as the retina iPad has also made reading normal documents electronically quite feasible; I have completely stopped printing any technical documentation since getting my iPad 3.
Books will follow the same path, the paperback will be replaced by the ebook, while we will keep some books around, more as keepsakes and for presentation than for actually reading them. It will become more like a special occasion, with paper ceding the entire middle ground.
On the low end we will likely continue to have flyers, as they are so much easier to use. You can grab a flyer with a hand, and stuff away in a pocket, with no need to take out your phone, figure out how to accept the flyer and then accept it. One must also not forget that the higher marginal cost of flyers act to limit spamming, and people are already fed up with email spam, they do not want seeing strangers popping up adverts on your phone while out and about, so I suspect that location based advertising aimed at passerby’s will mostly move into your maps and search apps, or maybe sales apps used to find good deals. Because you need to intentionally pull your phone out, it will aid more in augmenting the experience once you are already committed, instead of grabbing your initial attention.