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Ann Persson Sales Manager - Academic Sales PrioInfo AB ann.persson@prioinfo.se

Ann Persson Sales Manager - Academic Sales PrioInfo AB ann.persson@prioinfo.se. Improved information at lower costs? Challenges and possibilities for agents, publishers and users of information. Objective with presentation. Increased competition in the information industry

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Ann Persson Sales Manager - Academic Sales PrioInfo AB ann.persson@prioinfo.se

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  1. Ann Persson Sales Manager - Academic Sales PrioInfo ABann.persson@prioinfo.se

  2. Improved information at lower costs?Challenges and possibilities for agents, publishers and users of information

  3. Objective with presentation • Increased competition in the information industry • Fast development of new services, platforms and solutions • Change of market structure • Change in the use of information • New role for all players in the industry • Improved products at lower costs?

  4. The perspective of the agent/mediator

  5. PrioInfo - mediator of information services • Company founded in 1994 • Mediator of information services in medicine, science and technology • Business activities in Sweden, Norway, Finland, Denmark, Iceland and the Baltic States • 15 persons full-time employed • turnover 2001: ca 65 million SEK • Consortia projects

  6. Is the quality of information, information structure and retrieval systems improving?

  7. ...yes! (?) • Improved content • More frequent updating services • Search and retrevial systems • Coverage • Specialization - tailor-made information • Intergration products • User friendlieness • Combination products & linking systems

  8. Is the cost of new information products too high?

  9. Are there ways to buythe new and improved information products at lower costs?

  10. Price differentiation and flexibility • Stronger competition • Different pricing structures for different customer groups • Different pricing structures for different countries & regions • Pricing based on user population

  11. Larger volume - lower price • New user groups • ”end-user” revolution • Market growth • Production costs and product development can be covered by high volume instead of higher prices

  12. Sponsored (free) information • Web-portals • Example: Pharma Industries • Newspaper sites - financed by advertising • High quality content and information is driving visitors to Web-sites

  13. Consortia and buyingco-operatives • National consortia organizations (FinELib, BIBSAM) • Pan-Scandinavian Academic Consortia • Industry Association Membership Offers • Corporate Consortia • Mixed Academic & Corporate Consortia • Advantages for publishers, users and agents

  14. Case 1: Scandinavian Academic Compendex Consortium • 40+ universities and university colleges in Scandinavia • Finland, Sweden, Norway, Denmark, Iceland • Tier 1-3 structure with lower prices for smaller institutions • Large growth potential • Administrated by PrioInfo in co-operation with • SUTL-Group - PrioInfo - Engineering Information • 25 - 50% discount for consortia members

  15. Case 2: Scandinavian CorporateMaterials Science Consortium • Swedish Metals Research Institute • License to Materials Science Collection with METADEX from CSA • 16 steel and metal industries in Sweden, Norway and Finland • 25% discount achieved through the consortium.

  16. Case 3: SIK/FSTA-Consortium • Swedish Institute for Food and Biotechnology (120+ members, Food Industry, Universities…) • FSTA - Food Science and Technology Abstracts • SilverPlatter-IFIS-SIK-PrioInfo • Discount-level 50% • 10+ consortia members

  17. Case 4: Finnish Hospital Pharmacy Consortium • Martindale + DrugDex. Drug-information databases from Micromedex (Thomson) • 27 Finnish hospital pharmacies - independently financed by regional healtcare • Seminars and training • 20-25% discount

  18. There are ways around High Quality = High price!

  19. Challenges and possibilities for agents, customers and publishers.

  20. Challenges for the agent • Active business partner instead of passive order taker • Consortia facilitator • Close customer integration & co-operation • Initiate new ideas & projects • Vertical approach on local markets • Service and customer contact • Active marketing and information

  21. Challenges for the publisher • Product development • Greater need to listen to the market • Higher flexibility • Close contact with customers • Globalization - Localization

  22. Challenges for the librarian • Active business partner - instead of passive consumer/mediator

  23. Thank you for your attention!

  24. Ann Persson Sales Manager - Academic Sales PrioInfo ABann.persson@prioinfo.se

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