Speaker: Nisa Bakkalbasi
Journal packages offer capped price increases, access to non-subscribed content, and it’s easier to manage than title-by-title subscriptions. But, the economic downturn has resulted in even the price caps not being enough to sustain the packages.
Her library only seriously considers COUNTER reports, which is handy, since most package publishers provide them. They add to that the publisher’s title-by-title list price, as well as some subject categories and fund codes. Their analysis includes quantitative and qualitative variables using pivot tables.
In addition, they look at the pricing/sales model for the package: base value, subscribed/non-subscribed titles, cancellation allowance, price cap/increase, deep discount for print rate, perpetual/post-cancellation access rights, duration of the contract, transfer titles, and third-party titles.
So, the essential question is, are we paying more for the package than for specific titles (perhaps fewer than we currently have) if we dissolved the journal package?
She takes the usage reports for at least the past three years in order to look at trends, and excludes titles that are based on separate pricing models, and also excluded backfile usage if that was a separate purchase (COUNTER JR1a subtracted from JR1 – and you will need to know what years the publisher is calling the backfile). Then she adds list prices for all titles (subscribed & non-subscribed). Then, she calculates the cost-per-use of the titles, and uses the ILL cost (per the ILL department) as a threshold for possible renewals or cancellations.
The final decision depends on the base value paid by the library, the collection budget increase/decrease, price cap, and the quality/consistency of ILL service (money is not everything). This method is only about the costs, and it does not address the value of the resources to the users beyond what they may have looked at. There may be other factors that contributed to non-use.