Thursday, January 17, 2013

The Children's Digital Market: Still Uncharted Territory

PW reporting:
The growing complexity of the children’s digital market was parsed by industry experts at the Publishers Launch Children's Publishing Goes Digital Conference in New York on January 15, as panelists and speakers agreed that the transition from print to digital will not be a clean, easy movement and that things are still very much in the experimentation stage. The day-long conference kicked off with the presentation of the findings from a recent study by Bowker that found that among children, there has been a marked decline in bookstore and library influence as a source of recommendation and acquisition, and that many purchases are instead migrating online to vendors like Amazon. The study is part of Bowker’s Understanding the Children’s Book Consumer in the Digital Age.
Friends and family overtook bookstore browsing and libraries as the top influencers, painting the picture of the children’s book market as a highly local word-of-mouth economy. The erosion of libraries and bookstores may be misleading, though, as Gretchen Caserotti of the Darien Public Library used a case study involving Adam Gidwitz’s A Tale Dark and Grimm, which Caserotti said the library system recommended to the local school systems, and that based on the library’s recommendation (and a local award for the book), the school system widely assigned the book in classrooms. When asked how they heard about Grimm, students would most often respond that they heard of it through friends, even though the book was largely implemented because of the push of the library.
The Bowker study had some surprises, most notably: 84% of YA books were purchased by consumers 18 or older – and a full 35% of YA books were bought by consumers aged 18-29, by far the largest demographic. The second-largest demographic was age 30-44; within that segment, dispelling the notion that the YA books are gifts or purchases for teens, fully 80% of respondents reported “they bought the book for themselves.”
http://publishersweekly.com/pw/by-topic/childrens/childrens-industry-news/article/55521-why-the-children-s-digital-market-is-still-uncharted-territory.html?et_mid=598979&rid=233619411 

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