TY - JOUR
T1 - Standing the test of time
T2 - What makes a book survive on the bestseller list?
AU - Lee, Inyoung
AU - Yi, Jisu
AU - Kim, Sang Hoon
N1 - Publisher Copyright:
© 2023 Elsevier Inc.
PY - 2023/9
Y1 - 2023/9
N2 - Books that stand the test of time not only entertain, inform, and inspire consumers but also serve as stable income sources for the book industry. Despite their cultural and economic significance, few studies have investigated consumers’ purchasing motivations and their impact on the lifespan of books on bestseller lists. In this study, we applied a topic modeling approach and identified five consumer needs hidden in reviews across 276 books: Growth needs, Relational needs, Health needs, Cognitive needs related to facts, and Cognitive needs related to life experiences. Among them, we found that Growth needs, Relational needs, and Cognitive needs related to facts influence the longevity of bestsellers. By considering consumers’ desires in the context of books, this study enriches research on the uses and gratifications theory, and provides insights for publishers and retailers on how to plan, market, and manage titles from a long-term perspective.
AB - Books that stand the test of time not only entertain, inform, and inspire consumers but also serve as stable income sources for the book industry. Despite their cultural and economic significance, few studies have investigated consumers’ purchasing motivations and their impact on the lifespan of books on bestseller lists. In this study, we applied a topic modeling approach and identified five consumer needs hidden in reviews across 276 books: Growth needs, Relational needs, Health needs, Cognitive needs related to facts, and Cognitive needs related to life experiences. Among them, we found that Growth needs, Relational needs, and Cognitive needs related to facts influence the longevity of bestsellers. By considering consumers’ desires in the context of books, this study enriches research on the uses and gratifications theory, and provides insights for publishers and retailers on how to plan, market, and manage titles from a long-term perspective.
KW - Bestsellers
KW - Books
KW - Consumer reviews
KW - Longevity
KW - Topic modeling
KW - Uses and gratifications theory
UR - http://www.scopus.com/inward/record.url?scp=85158849976&partnerID=8YFLogxK
U2 - 10.1016/j.jbusres.2023.114013
DO - 10.1016/j.jbusres.2023.114013
M3 - Article
AN - SCOPUS:85158849976
SN - 0148-2963
VL - 164
JO - Journal of Business Research
JF - Journal of Business Research
M1 - 114013
ER -