<< Chapter < Page Chapter >> Page >

Relatively few publishers offer an online version exclusively. See Ware (2005a). Exceptions include journals that have discontinued print while converting to an open-access model, or the approximately 3,300 open-access journals that have never published a print edition in the first place. Most of which are listed in the Directory of Open Access Journals ( (External Link) ).

If a journal’s print subscriber base were to decline substantially, the journal’s variable cost structure would change—possibly affecting a journal’s pricing—as overall printing costs decline while per-unit costs increase. At the same time, the advent of high-quality print-on-demand technologies makes it possible for publishers—even for image-intensive journals requiring high production values—to continue offering print editions even as the number of print subscribers approaches zero.

Institutional subscription pricing

As noted in Chapter Four, a lack of discipline-specific data will make it difficult for most societies to estimate institutional subscriber preferences by delivery medium with any precision. To mitigate the risk caused by this uncertainty, a society can design a journal’s pricing to yield approximately the same revenue contribution irrespective of format, thus minimizing the net revenue effect of the market’s uptake of one purchase option over another. This approach renders the society indifferent, from a financial perspective, to the delivery format an institutional subscriber selects. In this way, the society can manage the migration of journal revenue from print to online and project revenue with confidence, regardless of the pace of change in market preference for one format over another.

The same approach described for member dues options can be applied to institutional pricing. First, the society needs to determine its revenue objective—for example, whether to maintain current net income levels or to increase revenue slightly to offset the incremental costs of online publication. The society can then use its existing print price, along with its variable cost of goods sold for delivering print, to establish pricing that render it more or less indifferent to institutional subscription uptake by medium.

The table below illustrates how a society could price its print and online options to remain more or less revenue-neutral. (Given the complexity of uptake assumptions for each of the format options, we simply show revenue contribution on an individual subscription basis.) The table assumes that a society is committed to producing both a print and online edition.

Example: Net Revenue Effects of Various Subscription Options, on a Unit Basis

As the table indicates, the online-only and dual media options will yield higher returns (roughly equivalent to the variable print cost of goods sold) than will the print-only option.

Comparative price analysis

How much latitude a society will have to adjust its pricing—for example, to cover new costs associated with online distribution—will depend in part on the journal’s current price. As a society considers its online pricing options, it should also evaluate how the journal’s current print price compares with other journals in the same or related fields. There are some specialized pricing studies available, although these tend to be one-time studies that age quickly. See, for example, White and Creaser (2004) and (2007). One of the more useful recurring analyses is that published each April in Library Journal . For 2008, see Van Orsdel and Born (2008). The LJ periodicals price index surveys journals covered by several Institute for Scientific Information (ISI) databases—Arts&Humanities Citation Index, Social Sciences Citation Index, and the Science Citation Index—as well as titles in EBSCO Publishing’s Academic Search Premier. The annual pricing survey published by Allen Press (Kean (2007)) summarizes other journal pricing indexes for society journals in science and medicine. The Library Journal price index provides four-year pricing information for journals, including breakdowns by the following Library of Congress subject areas:

Questions & Answers

what is math number
Tric Reply
x-2y+3z=-3 2x-y+z=7 -x+3y-z=6
Sidiki Reply
Need help solving this problem (2/7)^-2
Simone Reply
what is the coefficient of -4×
Mehri Reply
the operation * is x * y =x + y/ 1+(x × y) show if the operation is commutative if x × y is not equal to -1
Alfred Reply
An investment account was opened with an initial deposit of $9,600 and earns 7.4% interest, compounded continuously. How much will the account be worth after 15 years?
Kala Reply
lim x to infinity e^1-e^-1/log(1+x)
given eccentricity and a point find the equiation
Moses Reply
12, 17, 22.... 25th term
Alexandra Reply
12, 17, 22.... 25th term
College algebra is really hard?
Shirleen Reply
Absolutely, for me. My problems with math started in First grade...involving a nun Sister Anastasia, bad vision, talking & getting expelled from Catholic school. When it comes to math I just can't focus and all I can hear is our family silverware banging and clanging on the pink Formica table.
I'm 13 and I understand it great
I am 1 year old but I can do it! 1+1=2 proof very hard for me though.
Not really they are just easy concepts which can be understood if you have great basics. I am 14 I understood them easily.
find the 15th term of the geometric sequince whose first is 18 and last term of 387
Jerwin Reply
I know this work
The given of f(x=x-2. then what is the value of this f(3) 5f(x+1)
virgelyn Reply
hmm well what is the answer
If f(x) = x-2 then, f(3) when 5f(x+1) 5((3-2)+1) 5(1+1) 5(2) 10
how do they get the third part x = (32)5/4
kinnecy Reply
make 5/4 into a mixed number, make that a decimal, and then multiply 32 by the decimal 5/4 turns out to be
can someone help me with some logarithmic and exponential equations.
Jeffrey Reply
sure. what is your question?
okay, so you have 6 raised to the power of 2. what is that part of your answer
I don't understand what the A with approx sign and the boxed x mean
it think it's written 20/(X-6)^2 so it's 20 divided by X-6 squared
I'm not sure why it wrote it the other way
I got X =-6
ok. so take the square root of both sides, now you have plus or minus the square root of 20= x-6
oops. ignore that.
so you not have an equal sign anywhere in the original equation?
is it a question of log
I rally confuse this number And equations too I need exactly help
But this is not salma it's Faiza live in lousvile Ky I garbage this so I am going collage with JCTC that the of the collage thank you my friends
Commplementary angles
Idrissa Reply
im all ears I need to learn
right! what he said ⤴⤴⤴
greetings from Iran
salut. from Algeria
A soccer field is a rectangle 130 meters wide and 110 meters long. The coach asks players to run from one corner to the other corner diagonally across. What is that distance, to the nearest tenths place.
Kimberly Reply
Jeannette has $5 and $10 bills in her wallet. The number of fives is three more than six times the number of tens. Let t represent the number of tens. Write an expression for the number of fives.
August Reply
What is the expressiin for seven less than four times the number of nickels
Leonardo Reply
How do i figure this problem out.
how do you translate this in Algebraic Expressions
linda Reply
why surface tension is zero at critical temperature
I think if critical temperature denote high temperature then a liquid stats boils that time the water stats to evaporate so some moles of h2o to up and due to high temp the bonding break they have low density so it can be a reason
Need to simplify the expresin. 3/7 (x+y)-1/7 (x-1)=
Crystal Reply
. After 3 months on a diet, Lisa had lost 12% of her original weight. She lost 21 pounds. What was Lisa's original weight?
Chris Reply
Got questions? Join the online conversation and get instant answers!
Jobilize.com Reply

Get the best Algebra and trigonometry course in your pocket!

Source:  OpenStax, Transitioning a society journal online: a guide to financial and strategic issues. OpenStax CNX. Aug 26, 2010 Download for free at http://cnx.org/content/col11222/1.1
Google Play and the Google Play logo are trademarks of Google Inc.

Notification Switch

Would you like to follow the 'Transitioning a society journal online: a guide to financial and strategic issues' conversation and receive update notifications?