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Stretching Your eBook
 Collection Dollars
Kathy Petlewski, Electronic Resources Librarian
           Plymouth District Library
          mkp@plymouthlibrary.org
The Storefront Approach
• Our consortium never intended to have a
  traditionally comprehensive collection from
  Overdrive.
• We have emphasized what was new and/or popular.
• If it circulates well in print, then it will probably do
  well in digital format.
• If it’s in the media, then it will circulate.
How Does That Work in
           Theory ?
• Check both the New York Times & USA Today
  bestseller lists weekly.
• Look at the holds lists for our print books.
• Scan the media to find out what our patrons are
  hearing about - - movie tie-ins, morning show
  appearances etc.
• Local book club favorites, NPR features, Great
  Michigan Reads etc.
Always Check These Sites !
    EarlyWord.com
Early Word New Title
       Radar
Early Word Usual
  Suspects List
Shelf Awareness Site
http://www.shelf-awareness.com/
Shelf Awareness
Media and Movies
Shelf Awareness -
   Attainment
Buying Pre-Pub Titles
• Purchasing ebooks before they are published
  will put them on the site early.
• This leads to lots of holds before the title is
  released and will trigger the Holds
  Management System if you have one set up.
• Analysis has showed that we ended
  purchasing more copies if they appear as pre-
  pubs than if we put them on the site when
  they are actually released.
The Realities of Today’s
         Overdrive
• Out of the New York Times Bestseller List dated
  March 18, 2012, only 5 of the top 14 titles were
  listed on Overdrive as ebooks available for
  licensing.
• Out of the top 14 in the USA Today Best-Sellers
  for March 3, 2012, 4 ebooks were available. (3
  were licensed for e-audio but not e-book format.)

• Penguin’s decision to drop OverDrive is huge.
• Random House’s pricing as of March 1st also has
  enormous ramifications
Multi-Facetted Approach to
        Purchasing
• If you or your consortium can afford it, purchase
  in large quantities if publishers are changing
  policies or pricing.
  – Our consortium purchased several hundred titles before
    Penguin stopped access.
  – We also purchased older titles by popular authors and
    filled in series for ebooks published by Random House
    prior to March 1st.


• As an Advantage library, Plymouth also took
  these same actions on a much smaller basis.
Viewing Reports is Key to
        Success in Budgeting
• Using the ContentReserve site is essential if you
  want to find out what your patrons are reading.
• Use it to stay up to date on holds ratios.
• Find out the most popular genres in your
  community.
• See which authors are checked out most
  frequently.
• Discover which format of e-book is most popular.
What We Discovered in the
         Statistics
• By far, ROMANCE is the most popular genre
  among our patrons.
• Patrons checked out ebooks that we didn’t own
  in our library in print format. Most of these were
  not best-selling authors, but big in romance
  paperback.
• Patrons were just as likely to read an older book
  by a given author as they were the latest release.
• Fiction titles were in much greater demand than
  non-fiction with the exception of those in
  national news. (biographies, politics, memoirs)
Using Statistics Helped
            Save Money
• Happily, romance books tend to be more reasonably
  priced than most best-sellers.
• Felt more comfortable purchasing older titles by
  popular authors at a more reasonable price.
• Took a chance on buying ebooks on sale in genres we
  know have been popular – ie Amish series from
  Thomas Nelson.
• By closely monitoring holds ratios, we can better
  determine when to purchase additional copies of
  popular books. (Our automatic purchasing of holds
  was discontinued after Random House raised prices.)
Taking Additional Steps

• As a consortium, encourage member libraries to
  become Advantage Libraries. This can cut down on
  the number of duplicate copies of best-sellers
  needed on a consortium level.

• If an Advantage Library, seek funds from local
  sources such as the Friends group.

• If you don’t already have it, get a separate line item
  put in your library budgets for e-books.
Questions or Comments
 This presentation may be found online at:


http://www.slideshare.net/kpetlewski/
       stretching_ebook_dollars

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Stretching ebook dollars

  • 1. Stretching Your eBook Collection Dollars Kathy Petlewski, Electronic Resources Librarian Plymouth District Library mkp@plymouthlibrary.org
  • 2. The Storefront Approach • Our consortium never intended to have a traditionally comprehensive collection from Overdrive. • We have emphasized what was new and/or popular. • If it circulates well in print, then it will probably do well in digital format. • If it’s in the media, then it will circulate.
  • 3. How Does That Work in Theory ? • Check both the New York Times & USA Today bestseller lists weekly. • Look at the holds lists for our print books. • Scan the media to find out what our patrons are hearing about - - movie tie-ins, morning show appearances etc. • Local book club favorites, NPR features, Great Michigan Reads etc.
  • 4. Always Check These Sites ! EarlyWord.com
  • 5. Early Word New Title Radar
  • 6. Early Word Usual Suspects List
  • 9. Shelf Awareness - Attainment
  • 10. Buying Pre-Pub Titles • Purchasing ebooks before they are published will put them on the site early. • This leads to lots of holds before the title is released and will trigger the Holds Management System if you have one set up. • Analysis has showed that we ended purchasing more copies if they appear as pre- pubs than if we put them on the site when they are actually released.
  • 11. The Realities of Today’s Overdrive • Out of the New York Times Bestseller List dated March 18, 2012, only 5 of the top 14 titles were listed on Overdrive as ebooks available for licensing. • Out of the top 14 in the USA Today Best-Sellers for March 3, 2012, 4 ebooks were available. (3 were licensed for e-audio but not e-book format.) • Penguin’s decision to drop OverDrive is huge. • Random House’s pricing as of March 1st also has enormous ramifications
  • 12. Multi-Facetted Approach to Purchasing • If you or your consortium can afford it, purchase in large quantities if publishers are changing policies or pricing. – Our consortium purchased several hundred titles before Penguin stopped access. – We also purchased older titles by popular authors and filled in series for ebooks published by Random House prior to March 1st. • As an Advantage library, Plymouth also took these same actions on a much smaller basis.
  • 13. Viewing Reports is Key to Success in Budgeting • Using the ContentReserve site is essential if you want to find out what your patrons are reading. • Use it to stay up to date on holds ratios. • Find out the most popular genres in your community. • See which authors are checked out most frequently. • Discover which format of e-book is most popular.
  • 14. What We Discovered in the Statistics • By far, ROMANCE is the most popular genre among our patrons. • Patrons checked out ebooks that we didn’t own in our library in print format. Most of these were not best-selling authors, but big in romance paperback. • Patrons were just as likely to read an older book by a given author as they were the latest release. • Fiction titles were in much greater demand than non-fiction with the exception of those in national news. (biographies, politics, memoirs)
  • 15. Using Statistics Helped Save Money • Happily, romance books tend to be more reasonably priced than most best-sellers. • Felt more comfortable purchasing older titles by popular authors at a more reasonable price. • Took a chance on buying ebooks on sale in genres we know have been popular – ie Amish series from Thomas Nelson. • By closely monitoring holds ratios, we can better determine when to purchase additional copies of popular books. (Our automatic purchasing of holds was discontinued after Random House raised prices.)
  • 16. Taking Additional Steps • As a consortium, encourage member libraries to become Advantage Libraries. This can cut down on the number of duplicate copies of best-sellers needed on a consortium level. • If an Advantage Library, seek funds from local sources such as the Friends group. • If you don’t already have it, get a separate line item put in your library budgets for e-books.
  • 17. Questions or Comments This presentation may be found online at: http://www.slideshare.net/kpetlewski/ stretching_ebook_dollars