Published on November 14th, 2017 | by Alan Cross0
According to eBay, Kids are Still Buying CDs
Conventional wisdom says that most people under the age of 30 are not only done with compact discs but have never seen the point of owning physical music in the first place. This article from Complete Music Update begs to differ.
While the streaming boom may be behind the record industry’s return to growth, there’s still an appetite for physical music product – whether new or second hand – and it’s not just old people buying CDs and vinyl, by the way. Or at least that’s what eBay reckons having surveyed 2000 consumers and reviewed musical purchases on its marketplace.
eBay recently launched a new hub in the UK for people selling physical entertainment products on its platform and – possibly in a bid to shut up all you Spotify-obsessed digital-only naysayers – it subsequently commissioned this bit of research. Which, glory be, definitely proves plenty of British consumers still love plastic discs. So that’s good, isn’t it?
According to eBay, of the 2000 shoppers it surveyed, 63% listen to music on a CD at least once a month and 39% had bought a CD in the last year. And of those surveyed who were aged 18-24, not only had 25% participated in the vinyl revival at some point in the last twelve months, 47% had bought a compact disc. A compact disc!
Whoa. Not what we expected, right? Keep reading.