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Demand-Driven Acquisitions: Minor Shift or Fundamental Change? Michael Levine-Clark Collections Librarian University of Denver August 25, 2011

Demand-Driven Acquisition: Minor Shift or Fundamental change

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"Demand-Driven Acquisition: Minor Shift or Fundamental Change," a presentation given at a publisher sales meeting, August 2011.

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Page 1: Demand-Driven Acquisition: Minor Shift or Fundamental change

Demand-Driven Acquisitions: Minor Shift

or Fundamental Change?

Michael Levine-ClarkCollections LibrarianUniversity of Denver

August 25, 2011

Page 2: Demand-Driven Acquisition: Minor Shift or Fundamental change

DefinitionsPatron-Driven Acquisitions

(PDA)Faculty Requests/InputUse Data

Demand-Driven Acquisitions (DDA)Meets immediate need

Page 3: Demand-Driven Acquisition: Minor Shift or Fundamental change

Why DDA?

Page 4: Demand-Driven Acquisition: Minor Shift or Fundamental change

Annual Book Production, 2009

Page 5: Demand-Driven Acquisition: Minor Shift or Fundamental change

Books Cataloged 2000-2004 (126,953 Titles)

Page 6: Demand-Driven Acquisition: Minor Shift or Fundamental change

Books Cataloged 2000-2004 (126,953 Titles)

4+ uses; $1,084,576

3 uses; $473,060

2 uses; $738,435

1 use; $1,188,418

0 uses; $2,284,53

2

Page 7: Demand-Driven Acquisition: Minor Shift or Fundamental change

Demand-Driven Acquisitions Goals

Broaden the collection More titles More publishers More subjects

Match acquisitions to immediate demand Pay at point of need Pay for amount of need Short-term loans Purchase-on-demand

Page 8: Demand-Driven Acquisition: Minor Shift or Fundamental change

Redefining the CollectionEverything we can provide in a

timely manner

Ultimately, bounded only by budget

Page 9: Demand-Driven Acquisition: Minor Shift or Fundamental change

Components of DDA

Page 10: Demand-Driven Acquisition: Minor Shift or Fundamental change

Free DiscoveryTime period

Front/back matter

First n times in the book

Page 11: Demand-Driven Acquisition: Minor Shift or Fundamental change

Temporary AccessShort-Term Loan (STL)

CustomizableOne hour, one day, one week, one

monthn Loans before purchase

Page 12: Demand-Driven Acquisition: Minor Shift or Fundamental change

PurchaseAfter n uses

After n short-term loans

Immediately

Page 13: Demand-Driven Acquisition: Minor Shift or Fundamental change

Mix and MatchMultiple STLs vs. immediate

purchase

Varying lengths of STL

Disaggregate the book?

Page 14: Demand-Driven Acquisition: Minor Shift or Fundamental change

What We’ve Done at DU

Page 15: Demand-Driven Acquisition: Minor Shift or Fundamental change

netLibraryColorado Alliance of Research

Libraries

1999-2005

First use free

Purchase on second use

Shared access

Page 16: Demand-Driven Acquisition: Minor Shift or Fundamental change

Purchase ILL RequestsPrice

Publisher

Publication Date

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eBook Library (EBL)Began May 2010

Loaded 42,000 records into catalog (now 63,000)

No budget for FY 2010

Budgeted $150,000 for FY 2011

Page 18: Demand-Driven Acquisition: Minor Shift or Fundamental change

The EBL ModelFirst five minutes free

STL for three usesOne day or one week10-15% list price

Purchase on fourth useList price

Page 19: Demand-Driven Acquisition: Minor Shift or Fundamental change

DU EBL Data (5/1/10-6/30/11)

Actual List

325 titles purchased $23,753 $23,753

3,599 titles with at least one STL

$49,171 $236,037

6,477 titles with at least one browse

$0 $473,378

Total (10,076 titles) $72,924 $733,168

Savings $660,244

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What We Want to Do at DU

Page 21: Demand-Driven Acquisition: Minor Shift or Fundamental change

A Multi-Format ModelE-Books from multiple

vendors/publishers

Print booksWhen electronic not availableWhen electronic not desired

Managed by YBP

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The FutureE-Books on demand

Local print-on-demand option

Make accessible all that we can afford

Page 23: Demand-Driven Acquisition: Minor Shift or Fundamental change

Budget GoalsCommit most of monographs

budget

Spend the same to access more titles

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What Should Publishers Do?

Page 25: Demand-Driven Acquisition: Minor Shift or Fundamental change

Make Content AvailableAll e-book vendors

All DDA models

Print-on-Demand

Page 26: Demand-Driven Acquisition: Minor Shift or Fundamental change

Make Content Discoverable

Provide good MARC records

Work with all discovery tools

Work with all vendors

Provide robust metadata

Page 27: Demand-Driven Acquisition: Minor Shift or Fundamental change

Thank YouMichael Levine-ClarkCollections LibrarianUniversity of Denver

[email protected]