E-book
growth is slowing down, and in some cases, e-book sales are declining. The Association of American Publishers
released a study that shows, in terms of the number of books sold, 32% of adult
fiction is sold as an e-book. Just 17%
of adult non-fiction is sold as an e-book. 15% of all juvenile books are
sold as e-books – down from 2012.
Perhaps the future of the book industry rests in the hands of teens.
According
to the AAP, surveyed teens show a leaning toward print. 1 in 2 prefer print. 1 in 5 prefer e-books. 1 in 4 don’t care. The most popular genres for teens are
adventure, fantasy, and science-fiction.
Books
are purchased in stores 62% of the time.
27% are purchased online and 13% are purchased some other way, such as
catalog/mail order. But the store market
is not what you think. Barnes &
Noble still moves the most units, as a store, but Wal-Mart now has a chunk of
the business, as do independent stores, supermarkets, Target, Costco, Christian
bookstores, airport stores, Books-A-Million, and thrift or discount stores.
Here’s
one shocker in the book market. YA books, by unit numbers, are purchased 34% of the time by 18-29 year-olds and 21% by
13-17 year-olds. But this means 45% of
YA books are purchased by 30+ year-olds.
People 55 and older account for 1 in 11 YA sales. It looks like publishers and authors need to
market YA to older people.
So
what do all of these numbers mean? It
shows there’s diversity and variety in the marketplace when it comes to format
and genre preferences. It means people
buy books from many sources and that any book marketing plan needs to take this
into account.
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MISS THESE
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miracle
Brian Feinblum’s views, opinions, and ideas expressed in this
blog are his alone and not that of his employer, Media Connect, the nation’s
largest book promoter. You can follow him on Twitter @theprexpert and email him
at brianfeinblum@gmail.com. He feels more important when discussed
in the third-person. This is copyrighted by BookMarketingBuzzBlog © 2014.
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