Harper Collins Redux: A Cost Analysis of Harper Collins eBooks vs. Random House eBooks for Libraries
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Transcript of Harper Collins Redux: A Cost Analysis of Harper Collins eBooks vs. Random House eBooks for Libraries
HarperCollins Redux
A look at the numbers
The average price of a single ebook increased drastically in 2012
2010 2011 2012 20130
10
20
30
40
50
60
Average Price per eBook
Current NYT Bestsellers Available as eBooks in OverDrive as of June 30, 2013
Fiction Hardcover1. Inferno2. And the Mountains Echoed3. Bad Monkey4. The Silver Star5. The Eye of Moloch6. The King’s Deception7. The Last Original Wife8. Revenge Wears Prada9. The Hit10. Zero Hour
Nonfiction Hardcover1. Happy, Happy, Happy2. American Gun3. Lean In4. Dad is Fat5. Keep it Pithy6. Eleven Rings7. The Guns at Last Night8. Let’s Explore Diabetes with
Owls9. Collapse of Dignity10. The Duck Commander Family
…including HarperCollins Books
Hardcover Fiction1. Inferno2. And the Mountains Echoed3. Bad Monkey4. The Silver Star5. The Eye of Moloch6. The King’s Deception7. The Last Original Wife8. Revenge Wears Prada9. The Hit10. Zero Hour
Hardcover Nonfiction1. Happy, Happy, Happy2. American Gun3. Lean In4. Dad is Fat5. Keep it Pithy6. Eleven Rings7. The Guns at Last Night8. Let’s Explore Diabetes with
Owls9. Collapse of Dignity10. The Duck Commander Family
How much does a single copy of each book cost?
One copy/one user• Inferno - $85• Bad Monkey - $80.85• The King’s Deception - $81• Lean In – $74.85• Dad is Fat - $75• Keep it Pithy – $65.97• Collapse of Dignity - $26.95
Metered access• The Last Original Wife -
$21.99• American Gun - $23.99
How much does a single copy of each book cost?
Inferno
The King's Dece
ption
Bad M
onkey
Dad is
Fat
Lean
In
Keep it Pith
y
Collapse
of Dign
ity
American
Gun
The Last
Original
Wife
0
20
40
60
80
Price
Let’s assume each book is as popular as the most popular books in the collection…
Fiction: 459 check outs Nonfiction: 334 check outs
How many HarperCollins licenses would we have to buy to meet the demand?
Fiction: 18 copies Nonfiction: 13 copies
What would be the total cost based on each lending model?
Inferno
The King's Dece
ption
Bad M
onkey
The Last
Original
Wife
Lean
In
Dad is
Fat
Keep it Pith
y
American
Gun
Collapse
of Dign
ity0
100
200
300
400
Total Cost
What is the cost per check out for each title?
Dad is
Fat
Lean
In
Keep it Pith
y
American
Gun
Inferno
The Kings' Dece
ption
Bad M
onkey
The Last
Original
Wife
Collapse
of Dign
ity$0.00$0.20$0.40$0.60$0.80$1.00$1.20$1.40
Cost per Circ
What will the cost per circ be in the future?
Pattern of circulationNo
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st
2010 2011 2012 2013
0
5
10
15
20
25
The ConfessionUnbroken
Pattern of circulationNo
vem
ber
Dece
mbe
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nuar
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arch
April
May
June July
Augu
stSe
ptem
ber
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rDe
cem
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uary
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ayJu
ne July
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2010 2011 2012 2013
0
5
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15
20
25
The ConfessionUnbroken
• 1 copy of The Confession every 1.9 months (about 6 copies a year)
• 1 copy of Unbroken every 2.6 months (about 5 copies a year)
Worst Case Scenario
Metered access model• Cost stays the same - $21.99• Project number of circs for 5
years – 780• 30 licenses needed• $659.70 investment• $0.85 per check out• A potential additional
investment of $131.94 every year
One copy/one user• 5 copies already purchased
at $85• Project number of circs for 4
years – 780• $425 investment• $0.54 per check out
Best case scenario
Metered access model• Price falls to $12.99 after first
year, then $9.99 the second year.
• $21.99 for first 6 licenses = $134• $12.99 for next 6 licenses =
$74.94• $9.99 for remaining licenses =
$179.82 • Total investment = $388.76• Cost per circ = $0.50• A potential additional
investment of $59.94 per year
One copy/one user• 5 copies already purchased
at $85• Project number of circs for 5
years – 780• $425 investment• $0.54 per check out
Projected Cost Per Circ
2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 20230
0.5
1
1.5
2
2.5
3
Metered access - price dropsMetered access - price stays the sameOne copy/one user