Let's dive into the Cost Per Circ lending model in OverDrive Marketplace.
In the Cost Per Circ lending model, or CPC, you only pay when your users borrow titles.
Those titles can be borrowed by an unlimited number of users at the same time until your budget runs out.
You can also set a limit on how many CPC titles in each format
Individual users can borrow per month.
When you sign it to OverDrive Marketplace, use the shop tab to switch to the Cost Per Circ interface.
This will change Marketplace so you are only searching and viewing CPC titles since not all titles and Marketplace are available in this lending model.
You can also set a monthly target budget for titles in each format.
Once users check out enough titles to reach that limit,
They can place holds and borrow them until the budget resets or
Sooner if you manually increase the budget.
By going to the admin drop down and selecting library site admin,
Marketplace users can also set a limit on how many Cost Per Circ titles, in each format, an individual user can borrow per month.
When a user borrows the title in the CPC format,
It acts the same as other use titles in your collection and that title will count towards the individuals checkout limit.
So even if you're a library's CPC budget
And the individual users CPC limits are within their targets, if that user already has the maximum number of titles checked out to their account,
They will not be able to check out an additional title in the Cost Per Circ format.
Let's return to the Cost Per Circ lending model under the shop drop down.
From here you can browse over hundreds of thousands of titles in this lending model.
You can complete a quick or an advanced search.
For example,
Christian fiction,
And then click search.
Once the titles load you'll be able to add that Cost Per Circ title.
You see options on the right hand side.
Once you add a CPC title
You can confirm
Or revoke titles or remove them from your digital library.
Search for the title and select revoke.
Revoked titles may have outstanding holds. If so, make sure that you cancel these using the managed holds feature under the support tab.
To revoke all CPC titles return to the CPC home page,
By going to shop >
Cost Per Circm
And you can revoke all CPC titles.
Here you can see the total number of CPC titles currently in your collection.
To view all
CPC titles in your collection
Run a title status and usage report under the insights tab.
Cost Per Circ titles are great for testing out different genres,
Authors and languages.
For example if you want to test out spanish language titles at your library
You can offer them in Cost Per Circ.
So if your users don't borrow them you won't be charged.
Same for genres such as Christian fiction or Romance.
Both of which are widely represented in Cost Per Circ.
For these two genres in particular, readers go through them so quickly, that you may not necessarily want to have hundreds of thousands of romance novels in your permanent collection.
Their popularity will fade after those power readers devour them.
Cost Per Circ is a great way to fulfill holds less expensively.
There's a hold sweet spot for Cost Per Circ.
If something has holds, but not a ton of them,
You can wipe out the holds for less than the cost of a One Copy One User or Metered Access title
So you have to find that sweet spot.
Many libraries choose to highlight one title for their entire community to read.
Since CPC titles can be borrowed by an unlimited number of users at the same time
Until your budget runs out
This lending model can make a great option. CPC is especially good for audiobooks,
Which on average are four to five dollars,
Compared to around a hundred dollars in the One Copy One User lending model.
Check back often or sign up to receive notifications of sales of these titles in Marketplace, or you can work with your Account Manager to determine if the Cost Per Circ lending model is right for your needs. Thank you for watching this how to video
On the Cost Per Circ lending model in OverDrive Marketplace. For a deeper dive into other lending models, including best practices on how and when to purchase, please for review the rest of the titles in this series on the OverDrive Resource Center.