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HarperCollins Redux. A look at the numbers. The average price of a single ebook increased drastically in 2012. Current NYT Bestsellers Available as eBooks in OverDrive as of June 30, 2013. Fiction Hardcover. Nonfiction Hardcover. Happy, Happy, Happy American Gun Lean In Dad is Fat
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HarperCollins Redux A look at the numbers
The average price of a single ebook increased drastically in 2012
Current NYT Bestsellers Available as eBooks in OverDrive as of June 30, 2013 Fiction Hardcover Nonfiction Hardcover Happy, Happy, Happy American Gun Lean In Dad is Fat Keep it Pithy Eleven Rings The Guns at Last Night Let’s Explore Diabetes with Owls Collapse of Dignity The Duck Commander Family • Inferno • And the Mountains Echoed • Bad Monkey • The Silver Star • The Eye of Moloch • The King’s Deception • The Last Original Wife • Revenge Wears Prada • The Hit • Zero Hour
…including HarperCollins Books Hardcover Fiction Hardcover Nonfiction Happy, Happy, Happy American Gun Lean In Dad is Fat Keep it Pithy Eleven Rings The Guns at Last Night Let’s Explore Diabetes with Owls Collapse of Dignity The Duck Commander Family • Inferno • And the Mountains Echoed • Bad Monkey • The Silver Star • The Eye of Moloch • The King’s Deception • The Last Original Wife • Revenge Wears Prada • The Hit • Zero Hour
How much does a single copy of each book cost? One copy/one user Metered access The Last Original Wife - $21.99 American Gun - $23.99 • 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
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
Pattern of circulation • 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 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 • 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
Best case scenario Metered access model 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 • 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