Are E-book Big Deal Bundles Still Valuable? Charleston 2014.

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Presentation transcript:

Are E-book Big Deal Bundles Still Valuable? Charleston 2014

Milton Friedman

Transitions into the Digital

Library as Laboratory

Workbench to Workforce

A Space Between the Spaces

Campus Life & E-books  Book Lovers (34%) have an inherent affinity for the print form  Technophiles (23%) are strongly interested in the possibilities of new technology as regards the book  Pragmatists (17%) are the most neutral of the four, as they are most interested in content and see pros and cons of both formats  Printers (26%) prefer print books but are distinguished from Book Lovers in that they have specific difficulties with the usability of e-books

Q Methodology & Large N- Survey 1.Aaron Shrimplin, Andy Revelle, Susan Hurst, and Kevin Messner, “Contradictions and Consensus – Clusters of Opinions on E-books,” College & Research Libraries 72, no.2 (2011): Andy Revelle, Kevin Messner, Susan Hurst, and Aaron Shrimplin, “Book Lovers, Technophiles, Pragmatists, and Printers: The Social and Demographic Structure of User Attitudes Toward E-books,” College and Research Libraries 73, no. 5 (2012):

Acquisition Models E-book Collections E-ApprovalPDA/DDATitle-levelConsortia

Print vs. Electronic Book Expenditures

Total Book Expenditure By Order Type

The Big Deal Approach

Wiley Platform

Methodology  Wiley Online Books  2012 titles  n=927  Compiled usage from 2012 through 2014 (January – July) using standard COUNTER BR2 reports  SPSS/Excel/R/Photoshop

The Middle Manager’s Oath

Homer Simpson

Title Use n=927

Title Use Comparison

E-book DLs

Pareto Principle

Pareto Comparison

Long Tail

A Few High Use Titles Dominate

DLs by Book Type - Springer

Titles with Usage by Subject

Percentage of Total DLs by Subject

Value  Our price tag to OhioLINK is not commensurate with use; however, the bundle of titles becomes a better value overtime with additional usage & we own the content  179 list price = $29, (average cost per title is $165.30) – we would need to grow the number of titles used by over 50%  High use titles (textbooks)  Cost per download is high (~$30.00)

The New Normal

Erosion of Purchasing Power

Conclusions  81% percent of the titles in this study were not used from 2012 – July 2014  Underperforming asset  A relatively few high use titles dominate and the long tail accounts or a very small percentage of the total downloads  Textbooks are heavily used  Demand varies across subject areas  Fiscal challenges

Next Steps  More analysis  Shrink print / grow e  Compare local e-book package value to consortial e-book package value  Does the value of the collection increase with time with additional usage

Questions? Comments? Jennifer Bazeley Interim Head of Technical Services Aaron K. Shrimplin Associate Dean