ACS Publications: New Pricing Model Update

1. ACS Publications:New Pricing Model Update Adam Chesler Andrew Pitts E-ICOLC Rome, Italy October 12, 2006

2. ACS and Consortia • ACS works with 100 consortia, with users in 80 countries • ACS consortia customers enjoy access to ACS content at significantly lower prices than unaffiliated institutions • Our relationships with consortia enable the flexible introduction of new products • New pricing model is designed to take all of these factors into account

3. Goals • Recognise customer preference for electronic journals • Emphasise web-based pricing • Broaden access to ACS content • Support editorial initiatives • Sustain high-quality, high-impact program • Minimise disruption

4. Background Information • Differential pricing can be tailored to each customer type • Opportunity to re-calibrate journal prices • Recognize editorial volume, growth • Incorporate measurable factors • Facilitate the introduction of new journals • Implementation in 2008 • Ongoing consultation with customers during transition period

5. US Pricing Model • Relies on Carnegie classifications, student enrollment, and usage • Carnegie Foundation objectively classifies schools based on their level of graduate offering • A new, more detailed classification system was introduced in late 2005 • Incorporating enrollment and usage help to distinguish between schools in each tier

6. International Pricing Overview • Variation of US model • Carnegie-equivalent tiers created • Based on comparative usage • Will be corroborated by enrollment data • Usage is NOT metered: is basis for tier placement only • Sub-tiers recognise differences in national economies • Special tier added to accommodate exceptionally large institutions or consortia

7. World Bank Income Classifications • World Bank income groups based on GNI* per capita • Incorporating WB data accommodates assumed variations in HE funding • Result: low-income countries have lower pricing relative to high-income countries *Gross National Income (formerly Gross National Product) Source: World Bank’s Wrold Development Indicators

8. Tier Pricing • ACS will offer progressive, global, volume discounts to encourage wider access to journals • Discounts based on number of titles • Discounts heavier in lower tiers, to further enable expanded access to content List Prices for Online Access to All Publications For Illustrative Purposes Only: Prices Have NOT Been finalized and no discounts have been applied

9. Consortium Pricing • Calculated as sum of prices for members • Discount offered to single-pay consortia

10. Print Pricing • Print pricing decoupled from web • 75% discount for e-subscribers (for as many copies as required) Example: Print Pricing with 75% Print Discount

11. Journal Prices • Journal prices will be modified to reflect relative value • Factors will include number of articles published, impact factors, total citations, and total downloads • As new journals are published, prices of established journals will shift accordingly • New titles will be introduced at lower price points than in the past

12. Transition • ACS will work with customers to help manage change • Migration strategy designed to minimise disruption, using caps on increases during transition period • Goal: to ensure long-term, stable environment for consortia, as well as ACS

13. Adam Chesler Assistant Director, Sales/Library Relations American Chemical Society 1155 16th Street NW Washington, DC 20036 USA Office Tel: +202 872 6183 Mobile Tel: +617 230 3201 Office Fax: +202 872-6005 E-Mail: a_chesler@acs.org Andrew Pitts International Sales Director American Chemical Society 9 Broad Field Road Oxford, UK Office Tel: +44 1865 849514 Mobile Tel: +44 7818 451926 Office Fax: +44 1865 371726 E-Mail: a_pitts@acs.org Contact Information