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Trade |
Higher Ed |
Reference |
STM |
| Direct/indirect |
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Time distribution of payments
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- Recurring annual subscription
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| Duration of access |
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Content quantity
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- Book content
- Supplementary interactive content
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Usage model
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- Single-user model (to both retail and library)
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- Unlimited by institutional IP access
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Key Points
- Revenue models are the means by which the publisher will receive
revenue for content sold. Important dimensions of the revenue model
include:
- Direct or indirect payment (indirect could be advertising supported, or sponsored)
- Time distribution of payments (one-time or recurring payment)
- Duration of access (one time use, time limited, unlimited duration)
- Amount of content made available (article, chapter, book, collection, etc.)
- Usage model (single user, multi-user, multi-seat, etc.)
- A clear view of the anticipated economics and key drivers are needed differentiate and select among various revenue models.
- Direct sale model
- List price
- Discount
- Unit volume
- Ad model
- Price per click (exposure, etc.)
- Discount/share
- Projected volumes (click-throughs, visits, etc.)
- Dominant revenue models by sector:
- Trade: file is sold through retailers and downloaded to the consumer
- Dedicated devices – Sony and Amazon
- Multi purpose devices gaining momentum – eReader and Stanza sales
- PDF, EPUB, DNL, Mobi, LIT formats all holding their own
- Higher Ed: an online file, sold direct and available for a period of time associated with the course
- Reference: databases sold to libraries and accessed by patrons
- STM: databases sold to libraries and accessed by professionals and students
- Many more models are being tested. See Areas of Experimentation for further detail.
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