|Weekly News Digest
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ebrary and YBP Library Services Announce Integrated Demand Driven Acquisition and Short Term Loans
ebrary, a provider of ebooks and research technology, and long-time partner YBP Library Services, announced the launch of an integrated Demand Driven Acquisition model that may be used in conjunction with Short Term Loans. The new program enables libraries to cost-effectively and efficiently provide patrons with access to vast amounts of information through their existing YBP workflow and only purchase ebooks that are used.
Participating libraries may use YBP’s advanced profiling to automatically select appropriate ebrary content for their Demand Driven Acquisition program, with complete duplication control across all YBP services and consolidated invoicing from YBP. Custom MARC records are provided, and titles are tracked in YBP’s GOBI.
Libraries can choose to rent books prior to purchasing them under YBP’s DDA model. If a library chooses short term loans for select sets of titles under YBP’s DDA model, the library rents the title at a fraction of list price. Libraries can choose the number of short term loans (up to three) that they want before a purchase (at list price) occurs, as well as the duration, from 1 to 28 days. The longer the duration of the loan, the more they pay. When the short term loan is up, it is once again available in the DDA pool and can be once again triggered, resulting in another short term loan or automatic purchase.
YBP and ebrary are currently testing integrated Demand Driven Acquisition and Short Term Loans with select libraries. The service will be extended to all YBP customers at the end of April 2011.
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