<< Chapter < Page Chapter >> Page >
  • Determine the journal’s actual financial performance;
  • Evaluate the financial implications of various member publication benefit options; and
  • Allocate resources rationally across all society programs.

Allocating member dues to a journal’s income statement based on the variable cost of goods sold (COGS)—that is, the marginalcost of delivering each incremental member print subscription—will provide many societies with the most meaningful basis for making business decisions (see“Variable Costs of Goods Sold,” below).

Determining the COGS serves several purposes. First, it provides a society with the accurate marginal cost of providing the memberpublication benefit. Second, segregating the marginal cost of providing the print edition will allow the society to compare the financial effects of variousprint and online distribution scenarios, and will inform its pricing of an online edition of its journal (see “Member Publication Benefits” and“Institutional Subscription Pricing,” in Chapter Five).

Variable costs

A thorough understanding of its publication program costs will allow a society to make well-considered decisions about the print andonline editions of a journal, and will also inform decisions about resource allocations across other society activities. Colby and Rubin (2003) provide an excellent summary of the benefits of explicit costallocations across nonprofit programs. King (2007) provides an overview of the costs of journal publishing. Therefore, we have described below some of the basic cost elements relevant to managing a society journal.

As we have noted previously, publishing costs fall into two broad categories: variable costs and fixed costs. Variable costs arevolume-driven and fluctuate depending on the number of subscriptions. Variable costs for a print edition of a journal include:

  • Printing and Manufacturing , including paper, printing, binding, and typesetting-composition.
  • Print Distribution and Fulfillment , including postage, handling, and fulfillment charges for print subscriptions.

Identifying variable costs allows the society to determine its print cost of goods sold, as well as the revenue contribution forvarious journal format options.

Variable cost of goods sold

The table provides an example of per-unit variable “cost of goods sold” (COGS) for ajournal. The variable cost of goods sold is the cost that a society incurs for printing, manufacturing, and delivering each incremental subscription. For theprint edition, it is determined by dividing total print and fulfillment expenses by the total number of subscribers (both individual members and institutionalsubscribers). A society should calculate a journal’s COGS for the three most recent years, to minimize the effect of year-to-year cost fluctuations.

Revenue contribution

Revenue contribution provides a metric that can help a society compare potential member publication benefit options (forexample, journal media options at various dues levels) and establish institutional prices for the journal.

Questions & Answers

where we get a research paper on Nano chemistry....?
Maira Reply
what are the products of Nano chemistry?
Maira Reply
There are lots of products of nano chemistry... Like nano coatings.....carbon fiber.. And lots of others..
learn
Even nanotechnology is pretty much all about chemistry... Its the chemistry on quantum or atomic level
learn
Google
da
no nanotechnology is also a part of physics and maths it requires angle formulas and some pressure regarding concepts
Bhagvanji
hey
Giriraj
Preparation and Applications of Nanomaterial for Drug Delivery
Hafiz Reply
revolt
da
Application of nanotechnology in medicine
what is variations in raman spectra for nanomaterials
Jyoti Reply
I only see partial conversation and what's the question here!
Crow Reply
what about nanotechnology for water purification
RAW Reply
please someone correct me if I'm wrong but I think one can use nanoparticles, specially silver nanoparticles for water treatment.
Damian
yes that's correct
Professor
I think
Professor
Nasa has use it in the 60's, copper as water purification in the moon travel.
Alexandre
nanocopper obvius
Alexandre
what is the stm
Brian Reply
is there industrial application of fullrenes. What is the method to prepare fullrene on large scale.?
Rafiq
industrial application...? mmm I think on the medical side as drug carrier, but you should go deeper on your research, I may be wrong
Damian
How we are making nano material?
LITNING Reply
what is a peer
LITNING Reply
What is meant by 'nano scale'?
LITNING Reply
What is STMs full form?
LITNING
scanning tunneling microscope
Sahil
how nano science is used for hydrophobicity
Santosh
Do u think that Graphene and Fullrene fiber can be used to make Air Plane body structure the lightest and strongest. Rafiq
Rafiq
what is differents between GO and RGO?
Mahi
what is simplest way to understand the applications of nano robots used to detect the cancer affected cell of human body.? How this robot is carried to required site of body cell.? what will be the carrier material and how can be detected that correct delivery of drug is done Rafiq
Rafiq
if virus is killing to make ARTIFICIAL DNA OF GRAPHENE FOR KILLED THE VIRUS .THIS IS OUR ASSUMPTION
Anam
analytical skills graphene is prepared to kill any type viruses .
Anam
Any one who tell me about Preparation and application of Nanomaterial for drug Delivery
Hafiz
what is Nano technology ?
Bob Reply
write examples of Nano molecule?
Bob
The nanotechnology is as new science, to scale nanometric
brayan
nanotechnology is the study, desing, synthesis, manipulation and application of materials and functional systems through control of matter at nanoscale
Damian
Is there any normative that regulates the use of silver nanoparticles?
Damian Reply
what king of growth are you checking .?
Renato
What fields keep nano created devices from performing or assimulating ? Magnetic fields ? Are do they assimilate ?
Stoney Reply
why we need to study biomolecules, molecular biology in nanotechnology?
Adin Reply
?
Kyle
yes I'm doing my masters in nanotechnology, we are being studying all these domains as well..
Adin
why?
Adin
what school?
Kyle
biomolecules are e building blocks of every organics and inorganic materials.
Joe
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?

Ask