What are your library’s strategic and collection goals?
How are your goals reflected in your library’s ebook acquisition methods?
Kari Paulson, Vice President and General Manager, ProQuest Ebooks, explored these questions in the recent ACRL Choice webinar “Dispelling Myths around DDA: Evaluating Shifting Library Budgets and Best Practices for Leveraging Diverse Acquisition Models.”
The conversation around Demand-driven Acquisition (DDA) is fraught with myths and misinformation, such as:
- DDA causes libraries to spend less and disrupts the market
- Approval plan expenditures are declining because of DDA
- DDA is hard to manage and unpredictable
- DDA results in budget reductions
- Going back to a pre-DDA world would fix the “problem”
Existing data in the market around DDA can tell many stories, in order to clarify, ProQuest partnered with a third party to explore budgetary trends in libraries and look more closely at DDA.
How do libraries use ebook acquisition models?
Seventy percent of survey respondents indicated they rely on multiple acquisition models for ebooks.
Acquisition models are often miscategorized as “good” or “bad.” But, libraries have a wide range of content and collection needs and budgetary concerns.
Viewing acquisition models on a continuum will help libraries choose the right models for their collection strategy and goals.
What helps build and grow a collection and strategy?
A successful collection strategy depends on driving demand and capturing use as stronger outcomes help justify book expenditures. Vendors can assist by helping libraries spend their funds wisely and providing innovative solutions that address their needs and challenges.
Looking closely at demand to deliver what users really need and spend on what brings the best results is key for success.
Best practices for DDA can help libraries along this path:
- Contact your vendor to discuss your needs and determine program goals
- Utilize a DDA set-up checklist
- Craft your profile to fit your budget or collection strategy
- Understand the system controls to manage expenditure and meet your goals
- Review your DDA program regularly
With these best practices, libraries can bring more sustainability to their program and utilize models that will bring the most value and demand.
Watch evolving trends
Finally, stay on top of evolving trends within DDA such as Access-to-Own. The model facilitates title ownership by applying budget dollars spent on rentals to perpetual purchases and is soon available to use with your DDA program. It addresses short-term loan pricing concerns and provides access to more frontlist content than may be available with short-term loans and results in more content ownership.
To learn more about DDA view the ACRL Choice webinar recording.
To learn more about the survey data download: Academic Library Book Purchasing Trends, ProQuest Global Survey, January 2016.