Something borrowed

Forrester Research recently posted an analysis of consumer behavior when it comes to buying and lending books they read. Helpfully, they segmented the results by age groups.

Although the analysis is not volume-adjusted (borrowing one book from a library is treated the same as buying several from a bricks and mortar store), a couple of things stood out and were highlighted in the linked post: younger respondents (defined as 18 to 29) borrow books more often than any other age cohort, and seniors (defined as 65+) were much less likely to purchase books from online bookstores.

The other interesting thing, not specifically addressed by Forrester, was the use of multiple channels across all age groups. It appears that people don't just buy at retail, online or borrow books; they do all of these things.

To me, that suggests that offering content in multiple ways could well increase the chances of meeting and nurturing a reading habit. Useful data perhaps, for publishers thinking about limiting format choices.

Brian O'Leary

About Brian O'Leary

Founder and principal of Magellan Media Consulting, Brian O’Leary helps enterprises with media and publishing components capitalize on the power of content. A veteran of more than 30 years in the publishing industry and a prolific content producer himself, Brian leverages the breadth and depth of his experience to deliver innovative content solutions.

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