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Building collections in a bad economy
- To: <liblicense-l@lists.yale.edu>
- Subject: Building collections in a bad economy
- From: "Joseph Esposito" <espositoj@gmail.com>
- Date: Mon, 15 Jun 2009 18:56:29 EDT
- Reply-to: liblicense-l@lists.yale.edu
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I have been pondering several of the public statements about collection-building in these very difficult times and have been struck by the fact that there is little discussion of testing on-demand services. I say "testing" advisedly, as a comprehensive on-demand system is bound to throw up unanticipated items, and it is best to solve a problem with a small set of elements rather than a large one. By "on-demand" I refer to the practice of only purchasing something when it is actually used. This is not the norm with libary publications, of course, where most publishers sell things that include many components that are literally never used. I know there is a case to be made for collecting everything even if some parts are never used, but it is a case I personally find it hard to make. There are at least three large problems with establising an on-demand service; and if we spend a few minutes on this problem, we will find three more. The first is simply the systems issues, which cannot be underestimated. To sell things by use requires reliable systems that enable proper feedback, without endangering the privacy of individual users. This means publishers would have to "look" into libraries' internal systems. The second is the back-end production process on the publishers' parts. When we say "on-demand," at what point in the process is the demand created? Print on demand? Digitization on demand? And what the heck, how about authoring on demand? And then there is the arena of endless argument, the third point, which is pricing. For an on-demand system to work, individual units would cost more, perhaps MUCH more, than their pro rata share of collections. Think of the world of the audio CD. A CD costs $10 for ten songs. Therefore there is an erroneous expectation (call this The iTunes Fallacy) that each song should cost $1. When the numbers are crunched, however, two or three songs will cost $3 or $4, and the rest will, in a special sense, be free--free because no one wants them. (I listened to Bob Dylan's "Freewheelin'" album today while jogging: 15 for 15. What a batting average, what a bargain!) I don't believe on-demand purchasing will lower libraries' costs. I believe that on-demand will better align the expenditures to patrons' use. If I may borrow (or abuse) a phrase from economics, this is "hedonic" price adjustment, where the quality improves even if the cost does not rise. We will inevitably be moving in this direction. The operative word is "inevitably." Therefore in these very difficult times for everyone, we should get started, when the motivation to try just about anything is keener than in the fat times. Seven years from now we will regret not having taken action. Joe Esposito
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