In a presentation on Wednesday at the O’Reilly Tools of Change conference, Angela Bole and Kelly Gallagher presented the results and a bit of analysis of the Book Industry Study Group‘s most recent consumer survey of ebook users. Much of the data was discussed in the lead up to the TOC conference (including in an earlier MobyLives post), but the presentation leaked a few more bullet points into the discussion. There were some social notes: that buyers of ebooks lean male (51 to 49), an interesting fact when compared to buyers of print books lean female (58 to 42). And that ebook users are, on average, in a higher income bracket than print book buyers, a peculiar fact only insofar as users declared price to be one of the most important factors in switching to ebooks. (According to the presentation, ebooks are on average $6.25 cheaper than print books). It also turns out that about half of ebook users go exclusive and stop buying printed books altogether.
But the presenters also warned of some ominous trends. Kelly Gallagher from RR Bowker predicted a “tipping point transformation” of the book market, but he described that trend lines currently indicate a gradual rise of this new marketplace. As a result, Gallagher predicted that publishers would very soon be forced to print fewer books, since a large portion of readers will start buying ebooks. He therefore emphasized that print runs will be affected (and thus become more costly) before serious profits can be made from the mass sales of cheap-to-produce e-books.
Kelly Burdick is the executive editor of Melville House.