Lusid Motif GDES250_TheFinalSubmission_McCarthy_Andrew_W2018_j | Page 14

PRINT AND PAPER IN A DIGITAL WORLD Featured statistics The Drive to Digital and Consumer Choice 64 agree that claims about the switch to digital being better for the environment are made because the sender wants to save money. 41 say they would consider switching to an alternative fi nancial organisation or service provider if they were forced to go ‘paperless’. % Many consumers prefer and enjoy reading in print Printed newspapers were preferred overall clear generational differences could be seen in the findings. 77% of over 55s prefer to read news in print, but the younger the respondent was, the less likely they were to prefer printed newspapers with just 35% of the 18-24 years olds choosing print. Mobile was the most popular format for news consumption amongst the 18-24 year olds at 38%. 13 Printed books Right to choose were preferred across all age groups, followed by e-readers (12%) and tablets (7%). E-readers, such as Kindles, were more popular amongst the older respondents, and tablets with younger respondents. 72% of those surveyed believe reading a printed book is more enjoyable than reading a book on an electronic device. The survey examined consumer attitudes towards the drive to digital-only communications. 88% believe they should have the right to choose how they receive communications (printed or electron- ically) from their service providers. A further 73% believe they should not be For bills and statements, charged more for the survey found that UK choosing paper bills or consumers prefer to read statements and 41% of these on their computers UK consumers would (laptops and desktops). consider changing provider if forced to go Printed statements were digital-only. preferred by 29% of respondents and 56% say they prefer to receive bills and financial statements through a combination of both online and on paper. Lucid Motif Graphic Industry % Reading Preferences and Habits 58 of 18-24 year olds in the UK read a printed book at least once a week. Only 27% read e-books every week. 63 believe that reading news in a printed newspaper provides a deep understanding of the story and 57% read a printed newspaper at least once a week. % % >