Posted by: bluesyemre | March 26, 2013

The Future of the Big Deal

Big Deal status in 2012

Last year around time I contributed my thoughts to a column in Serials Review (38:1 2012) on the future of the big deal based on Swets’ experience. A summary of my contribution includes the following points:

  • The idea of opting out of the big deal is beginning to gain momentum and customers have been strongly considering the possibility of moving beyond the big deal.
  • While we have heard a great deal of buzz about this, we have not seen total cancellations of these packages yet.
  • As customers renewed large packages we reached out to gauge intentions. The majority of the customers mentioned that they were carefully watching those institutions that have canceled their ‘big deals’ and may consider doing the same in the near future.
  • The main consideration for these libraries was ensuring their users have continued access to essential content in their subject areas.
  • The ‘big deal’ will survive only if it can evolve and offer choices to libraries. In the end, it will all depend on the libraries’ budget situation and whether the publisher can offer the compelling content libraries require.

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