Outsell IM Topic | Benchmarks and Best Practices: 2018 Information Pricing Study

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Author: Amanda Moran

Date: Feb. 7, 2018

Category:

Description

There is no longer room for error in vendor portfolio management. Flat budgets for information subscriptions are colliding with rising prices — around 3.5%, up from 2.9%. It’s creating heightened pressure for information managers. The Outsell Benchmarks and Best Practices: 2018 Information Pricing Study delivers insight that helps vendor portfolio managers avoid budgeting and negotiation pitfalls so that they can effectively manage their information subscriptions for the coming year.

This report provides perspectives from information providers on pricing dynamics and IM budgets as well as key IM strategies and best practices around evaluating and negotiating for content.

For guidance on pricing changes for paid content, a high-level benchmark for library budgets in 2018, and essential actions, download this report.

 

Contents

Why This Topic

Methodology

Key Findings

Pricing Trends

Content Budget Trends

The Vendor Perspective

Vendors Perceive a Flat Budget Environment

Vendors are Employing Higher Price Increases, Often in Tandem with Added Content or Services

Vendor Perspectives on the Overall Buying Climate

Key Information Management Strategies

Evaluating Content for Renewal

Negotiating a Better Contract

Cost Management Strategies

Perceptions of Vendors

Essential Actions for Information Managers

Related Research

About Outsell

 

Tables

Table 1. Vendor Perception of Buyer Budget Changes

Table 2. Vendor Price Changes — Directional Guidance

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