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Income generation and marketing Frances Norton Wellcome Library

Income generation and marketing Frances Norton Wellcome Library

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Non-core funding

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Page 1: Income generation and marketing Frances Norton Wellcome Library

Income generation and marketing

Frances Norton

Wellcome Library

Page 2: Income generation and marketing Frances Norton Wellcome Library

Treasury

Research Councils£1,150m

Funding Bodies£1,600m

Central Government£607m

UK Higher Education Institutions

UK Charities£768m

UK Industry & Public

Corporations£290m

EU & other overseas sources£503m

Other£58m

Page 3: Income generation and marketing Frances Norton Wellcome Library

Non-core funding

Page 4: Income generation and marketing Frances Norton Wellcome Library

5 strategies

Resource allocation

Space use

Real estate

Digitisation

Licencing

Page 5: Income generation and marketing Frances Norton Wellcome Library

Resource allocation

• Indirect costs and cross charging

• Consortial deals and central delivery

Page 6: Income generation and marketing Frances Norton Wellcome Library

Space use

•Just in case

•UK Research Reserve

•e-only

Page 7: Income generation and marketing Frances Norton Wellcome Library

Real estate

• Club

• Public & corporate events

• Association, naming

• Filming

• Conferences, public

catering & bookshops

• Schools programmes

Page 8: Income generation and marketing Frances Norton Wellcome Library
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Digitisation

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Core library Institutional External project Private On demand Commercial

Page 12: Income generation and marketing Frances Norton Wellcome Library

Digitisation

•Bespoke services

•Income streams

Page 13: Income generation and marketing Frances Norton Wellcome Library

Licencing

•Content bundles

•Image+ libraries

•Merchandise

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Page 15: Income generation and marketing Frances Norton Wellcome Library

Last thoughts

•Re-focus activity

•Reorganisation of staff

•New skills and roles

Page 16: Income generation and marketing Frances Norton Wellcome Library