On-Demand Webinar - Best of Core Forum: Getting Our Money’s Worth with eBook Acquisitions
Description: With more than six years of data from the Demand Driven Acquisitions (DDA) program of an R1 university, the presenters completed a multi-year analysis of DDA eBook acquisitions, cost, and usage data to determine if the program has resulted in both a balanced eBook collection and an efficient return on investment over time. Originally designed and implemented in 2016, the DDA program, administered through collaboration with GOBI and EBSCO, was part of a shift in the collection development model from just-in-case to just-in-time purchasing. In 2018, sixteen months after the program began, an initial study of data established that the budding DDA plan had resulted in the alignment of eBook selection and cost with traditional print monograph purchasing across subject disciplines as well as a remarkably high return on investment (ROI) of eBook DDA title purchases as compared to firm-order eBook and print titles. This presentation introduces the findings of the subsequent study, eight years after the program’s implementation, and demonstrates how eBook purchasing via DDA has maintained collection balance, ensuring significant return on investment and purchase of books based on demonstrated need.
This webinar was previously presented in-person as a session at the 2023 Core Forum. We are hosting this webinar, with the session adapted and presented live as a virtual event, to extend its reach.
At the end of the webinar, participants will be able to:
- Identify ways in which a demand-driven acquisitions centered collection strategy provides efficiency in acquisitions, return on investment, and improved workflow;
- Understand assessment strategies that can be applied to eBook purchasing and usage via a demand-driven acquisitions plan; and
- Interpret various assessment metrics to gain a holistic view of ROI for eBook acquisitions.
Who Should Attend: Collection management professionals (Electronic Resources and Acquisitions Librarians); library administrators and/or those interested in learning more about demand-driven acquisitions and collection development strategies for electronic monographs.
Lindsey Lowry is Assistant Professor and Coordinator of Acquisitions and Electronic Resources at The University of Alabama Libraries.
Michael A. Arthur is Professor and Senior Associate Dean at The University of Alabama Libraries.