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Thread: Standardized Pricing Models - Periodicals




Standardized Pricing Models - Periodicals
user name
2006-10-20 21:50:24
I'm just about finished renewing our journal subscriptions
for 
2007.  Each year I do this it becomes more complicated by
the 
number of ways the various publishers establish pricing for
their 
subscriptions.  Gone are the good old days of individual
price 
and institutional price with a few offering student pricing.
 A 
quick decision could be made based on the information
provided. 
This lead me to think about consistency.

A great deal of progress has been made with usage
statistics. 
COUNTER compliant reports are available from more publishers
and 
becoming somewhat of an industry standard. 
http://www.projectcoun
ter.org/

Licensing models available from http://www.licensingm
odels.com/ 
These standard licenses can be a useful reference for anyone

dealing with electronic resource licensing.

All this being said, it brought me to the thought of
standardized 
pricing models.  Could the basic methods of subscription
price 
determination be simplified to 4 or 5 different methods? 
For 
example, tiered pricing.  It seems that a fair number of 
publishers use this method of determining renewal costs but
Tier 
1 with one publisher can be very different from Tier 1 of
another 
publisher.  Could a standard be established that would be 
workable for both publishers and libraries?  FTE renewals
are 
frequently done but the criteria varies widely for this too.

Basically this would be looking at the most frequently used 
methods of renewal and seeing if a generic schedule of some
sort 
could be developed.  Certainly not a simple project but one
that 
would make selecting and renewing journals much easier.

Any thoughts?

Audrey Bondar
Senior Information Resource Specialist
Henry Ford Hospital
Sladen Library
Detroit, MI  48202






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