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7/6/2004 John Cox Associates Ltd 1 Pricing Electronic journals: non-profit and commercial lessons shared John Cox

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7/6/2004 John Cox Associates Ltd 1

Pricing Electronic journals: non-profit and commercial lessons shared

John Cox

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7/6/2004 John Cox Associates Ltd 2

State of the academic marketn USA: 60% of the market by value

but 30% of world librariesn Growth in library consortia buying

e-content: from 102 in 2000 to over 230 today

n Economy in cyclical downturn, but recovering

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7/6/2004 John Cox Associates Ltd 3

Library cost structure

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Pricing based on subscription priceCABI Publishing:

Title: British Journal of NutritionPrint Online Online + print$ 905 $ 890 $ 940

Title: In vitro Cellular & Developmental Biology- Plant

Print Online Online + print$ 275 $ 263 $ 275

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7/6/2004 John Cox Associates Ltd 5

Population-based modelsOUP: OED4 yr: 100% FTE2 yr: 50% FTECorp/Gov’t/military: 100% FTENon-profit org: 50% FTEPublic library: 2% - 4% of

population inbands

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Population-based modelsBMJ Publishing Group

Print Online Print + online

Small 100% 100% 110%(1-400)Medium 100% 125% 135%(401-1500)Large 100% 140% 150%(1501 +)

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Differential pricing: typeProject MUSE:

Type DiscountAcademic 0%Small academic 25%Community/2 yr 50%Special (Museum, Ass’n etc) 50%Public 75%High schools 87.5%

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Pricing for consortiaProject MUSE:

No of institutions Discount1-4 0%5-19 10%20-39 20%40-59 30%60-99 40%100 + 50%

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Differential pricing: servicen Blackwell, Elsevier, Wiley:

- Basic: limited period, limited usage – very basic functionality

- Premium: fully functional, continuing access, back files, articles on acceptance, search,etc.

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Value for money: role of cost per usen Two aspects:

- price per use: price divided by number of uses

- cost per use: library operational costs

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Price per use

Journal US$ cost No uses $ per useA 2,385 187 12.75B 398 6 66.33C 98 3 32.67D 5,922 183 32.36E 496 18 27.56F 1,389 52 26.71G 5,095 483 10.56H 14,669 1,777 8.25

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Cost per useType Operational cost

E-journalIndividual title subs $ 0.45Publisher’s packages $ 0.45Multi-publisher packages $ 0.45

Print journalsCurrent issues $ 6.00Bound volumes $30.00

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Contact details

John Cox Associates Ltd

Web: www.johncoxassociates.com

E-mail: [email protected]@johncoxassociates.com