Can You Big Deal E-books?Maybe…

OhioLINK’s Initial Experience and Investigations

ICOLC Meeting

Poznan, Poland

September 30, 2005

Common Objectives:E-Journals and E-Books

• Improve the amount of information delivered per monetary unit spent

• Broad scale group-wide electronic full collection level access with print as a local option

• Buy E and P in strategic combination• Control annual cost growth• Provide for annual economic breathing

room to fit budgetary constraints

Techniques that would be the different

• Journal titles, prices, subscriptions, and spending more predictable…past is a good predictor of the future

• Number of book titles, price, and purchases may vary widely each year…does the past tell us anything about the future? What does group purchase history say to us about aggregate and individual behavior?

• Not likely to go e-only with books • Is technology ready for the investment…do

we get the utility we need from e-books?

Accumulated Book History Data

• Imprint Years 98-03 – M Dekker, L Erlbaum, Kluwer, Oxford, MIT Press, SUNY Press, Wiley family, APA, Gale family, ABC-CLIO

• Imprint year 04 - APA, Gale family, ABC-CLIO

Tit

les

Co

pie

s

C/T U IC CCCombined

1998 5,747 42,753 7.44 1.00 27,307 11,503 3,9431999 5,941 45,512 7.66 1.03 29,359 12,614 3,5392000 6,653 47,663 7.16 0.96 31,870 12,281 3,5122001 6,467 42,575 6.58 0.88 28,568 10,811 3,1962002 6,428 37,751 5.87 0.79 25,564 9,276 2,9112003 6,330 35,730 5.64 0.76 23,981 8,660 3,089

OhioLINK Combined Major BOOK Publishers Change in Activity peak year =100

50

60

70

80

90

100

110

1998 1999 2000 2001 2002 2003

Imprint Year

pe

ak

ye

ar

=1

00

Titles

C/T

Copies

Total Titles Bought - OhioLINK Totals

0

500

1,000

1,500

2,000

2,500

1998 1999 2000 2001 2002 2003 2004

Imprint Year

Tit

les

Bo

ug

ht

OxfordWiley familyKluwerGale familyMIT PressDekkerSUNY PressErlbaumAPAABC-CLIO

Total Copies Bought - OhioLINK Totals

0

5,000

10,000

15,000

20,000

1998 1999 2000 2001 2002 2003 2004

Imprint Year

Co

pie

s B

ou

gh

t

OxfordWiley familyGale familyKluwerMIT PressSUNY PressDekkerErlbaumAPAABC-CLIO

Copies per Title - OhioLINK Totals

0

5

10

15

20

25

30

1998 1999 2000 2001 2002 2003 2004

Imprint Year

Co

pie

s p

er T

itle

ABC-CLIOAPASUNY PressOxfordErlbaumMIT PressWiley familyGale familyDekkerKluwer

Generic Annual Formula• Number of books in annual license (Can

be selected and adjusted to fit budget)• Multiplied by

• Average price per book• Multiplied by

• Agreed to C/T multiplier (varies by publisher-does not need to be static- can be renegotiated)

• Equals annual E-license• Plus

• Optional deep discount print copies

OL and ABC-CLIO Reference Book/e-Book Big Deal Prototype

• 402 titles spanning 4 annual waves

• Loaded on OhioLINK site – perpetual use, no user limits

• Common interface with other e-books/ literature

• Use growing but limited- need critical mass

• Print @ -60%

Year # titles

(not Vols)

Total annual OL e-license

price

Retail price for 1 set

Net C/T M-plier

Back files

44 $ -0- $5.780 0

2001 57 $122,500 $6,124 20.0

2002 69 $184,400 $7,020 26.3

2003 88 $213,800 $8,140 26.3

2004 91 $231,100 $8,800 26.3

2005 53 $210,800 $8,633 24.5

How to divide the cost of an e-book license?

• ABC-CLIO- as pilot used internal group formula (Student population based) plus central funds

• What about based on share of historical purchases? …Like e-journals.

Copies Bought by Lib TypeCombined Publisher Change in Activity

peak year =100

40

50

60

70

80

90

100

110

1998 1999 2000 2001 2002 2003

Imprint Year

pea

k y

ear

=10

0

U

IC

CC

Percentage Share of 1998-2003 Book Purchases

0%

1%

2%

3%

4%

5%

6%

7%

8%

9%

10%

11%

12%

13%

14%O

SU

UC

Mia

mi U

Oh

io U

CO

NS

OR

TO

PA

LC

ase

BG

SU

WS

UU

TK

SU

UA

Ob

erlin

YS

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SU

ON

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+1 Std Dev

6 year average

-1 Std Dev

Percentage Share of 1998-2003 Book PurchasesWiley Only ~1500+ titles per year

0%

1%

2%

3%

4%

5%

6%

7%

8%

9%

10%

11%

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13%

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CO

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+1 Std Dev

6 year average

-1 Std Dev

Percentage Share of 1998-2003 Book PurchasesSUNY Press Only ~ 200 titles per year

0%

1%

2%

3%

4%

5%

6%

7%

8%

9%

10%

11%O

SU

UC

Mia

mi

UO

hio

UC

ON

SO

RT

OP

AL

Cas

eB

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UW

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UU

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RL

Bel

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Jeff

CC

N D

ame

Ho

ckin

gM

yers

UR

G C

C

+1 Std Dev

6 year average

-1 Std Dev

Percentage Share of 1998-2003 Book PurchasesAPA Only ~ 50 titles per year

0%

1%

2%

3%

4%

5%

6%

7%

8%

9%

10%

11%

12%

13%O

PA

LO

SU

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UU

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SU

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ase

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+1 Std Dev

6 year average

-1 Std Dev

Work in Progress Observations• Create parallel $$ based analysis with each

publisher. Determine specific formula for each

• Larger the publisher pool the more history can be used

• Central funds maybe be key to sweeten the pot for libraries – reduce standard deviation and reduced flexibility

• Central funds maybe be key to sweeten the pot for publishers – provide the extra needed to leverage access to all