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American Chemical Society. Dean Smith, Vice President, Sales and Marketing Adam Chesler, Assistant Director, Sales and Library Relations ICOLC Spring Meeting Philadelphia, PA March 28, 2006. Agenda. The ACS Publications Program Value Metrics for ACS Journals Working with Consortia
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American Chemical Society Dean Smith, Vice President, Sales and Marketing Adam Chesler, Assistant Director, Sales and Library Relations ICOLC Spring Meeting Philadelphia, PA March 28, 2006
Agenda • The ACS Publications Program • Value Metrics for ACS Journals • Working with Consortia • Pricing Plans
The ACS Publications Program • Currently 33 Journals, 1 magazine • Some facts and figures • Submissions in 2005: ~52,000, +20% • Pages published in 2005: ~226,000, +13% • Articles published in 2005: ~29,000, +12% • Price/page in 2005: -4% • Prices overall: 40% less than competition’s • Price per page $.25 • Price per article $1.78
ACS Journal Rejection Rates Have Tightened As Submissions Have Accelerated
ACS Journals Continue to Be Priced Lower than Other Chemistry TitlesLibrary Journal Pricing Study, 2005 Subscription Prices ACS Journals All Chemistry Titles
We Continue to Invest in the Future of Peer Reviewed Publishing • New manuscript submission system • New digital end-to-end workflow • New editorial offices around the world • New fulfillment system • New web presence • New preservation initiatives • New pricing model
Comparative Article Share, Citation Share, and Market Influence: ACS and Six Top Publishers ACS Publisher A Publisher B Publisher C Publisher D Publisher E Publisher F Data Based on ISI, Journal Citation Reports, 2004, for 24 chemistry categories in which ACS journals are included.
ACS Publisher A Publisher B Publisher C Publisher D Publisher E Publisher F
ACS Publications and Consortia • We work with 100 consortia with users in 80 countries • Consortia represent • 80% of usage • 70% of revenues • Institutions in consortia pay ~10% less than unaffiliated institutions for ACS content
ACS Web Editions Now in 80 Countries2006 New countries in 2006 include Lithuania, Macedonia, Malawi, Malaysia, Indonesia, Kenya, and Iraq.
Addressing Customer Concerns • No one-time payment option for Archives • 2006: Introduced one-time payment option • Paying for same content multiple times • 2006: Removed rolling access model • No content archiving plan • 2006 - 2008: Participating in CLOCKSS project; discussions with Portico • E-pricing based on historical print purchases, including duplicates • 2007 - 2009: Planned introduction of new pricing model
Goals for a New Pricing Model • Broaden access to ACS content • Enhance customer satisfaction • Support editorial initiatives • Ensure the long-term viability of the ACS Journals program
Towards a New Model • Tier-based models have been introduced by Societies and not-for-profit publishers • New model must include a new way of calculating journal prices • Value-based metrics (usage, impact factors, citations) • Account for different types of institutions • Discuss with customers in advance • Plan to introduce to US and Canadian customers in 2007; other countries to follow in 2008 and 2009 • Transition plan necessary to migrate, over time, institutions which will experience significant change (up or down)
ACS 2007 Pricing Model (under development) • Create tiers based on Carnegie classifications • Include usage percentiles within tiers to account for different types of institutions within tiers (eg, some offer more chemistry courses than others) • Differentiate between types of institutions (eg, academic, corporate, government) with different requirements
Contact Information American Chemical Society 1155 16th Street NW Washington, DC 20036 d_smith@acs.org; (202) 872-8063 a_chesler@acs.org; (202) 872-6183