143.2 AN INTERESTING JOURNAL MARKETING PLOY, Jeannette Buckingham
143.1 LETTER TO LIBRARIANS FROM ELSEVIER'S CHAIRMAN
Herman P. Spruijt, Elsevier Science B.V., P.O. Box 2400, 1000 CK Amsterdam, The Netherlands.
Amsterdam, August 1995
Dear Librarian,
I would like to take this opportunity to introduce myself as the newly-
appointed Chairman of Elsevier Science, effective May 1st of this year.
Continuing the tradition set by my predecessor, James Kels, I want to pro-
vide you with an overview for the coming year as we announce our journal
prices for 1996. We have finalized Elsevier Science journal prices during
the past few weeks and we are currently dispatching this information to our
major subscription agents worldwide. Libraries and the remaining agents
will receive printed price lists within two weeks.
The Outlook for 1996
The pricing outlook for 1996 is particularly difficult for our subscribers
in the Americas, with an average price increase of 23.9% in U.S. dollars.
The overall average 1996 price increase for Elsevier Science journals,
based upon prices in the countries of publication, is 11.0% and includes
page growth of 4.9%. This applies to the entire list of Elsevier Science
journals published in Amsterdam, Lausanne, New York, Oxford, Paris and
Shannon. As you are no doubt aware, the U.S. dollar has been badly battered
on international monetary markets recently, reaching all-time lows relative
to many European currencies. This is the single most influential factor
affecting our 1996 subscription prices to American subscribers. Enclosed is
a chart (Attachment A) showing ten-year trends in the relationship of the
U.S. dollar to currencies in those countries where Elsevier Science jour-
nals are published and originally priced. [Sorry, not able to reproduce. -
Ed.] You will notice the continuing downward trend of the dollar during the
past decade and, most notably for 1996 subscriptions, its performance in
the past twelve months.
A Special Arrangement for 1996
We recognize that the impact of a weakened dollar will be keenly felt by
our American subscribers, especially for our largest, highest priced ti-
tles. In an effort to share some of the impact of the exchange rate shift,
we have implemented a short-term policy in which Elsevier Science will
absorb 5% of the 1996 price increases for selected titles. This initiative
covers 32 of our most prestigious titles or subscription combinations cost-
ing more than Dfl. 10,000, or its equivalent in Swiss francs, and published
in Amsterdam and Lausanne, our publishing offices where the dollar's deval-
uation is most dramatic. Please see Attachment B for a list of titles and
further information on this program. This 5% price reduction is guaranteed
through December 31, 1995, after which time dollar prices for these titles
will be re-calculated at the standard exchange rates applied to our list
overall.
Distributing Currency Transactions Over 12 Months
Two years ago, in order to mitigate the effects of short-term currency
fluctuation, Elsevier Science introduced a policy of firm U.S. dollar pric-
es for our American customers. This process involves distributing currency
transactions evenly over a twelve-month period. In the past year, Elsevier
Science has continued to sell dollars in monthly installments, with the
dollar exchange rate used for our 1996 projections benefitting from a
stronger dollar last fall. The enclosed Chart (Attachment C) [not included;
compares the publisher's 1996 exchange rates with the July 20, 1995 bank
rates in New York and with the 1995 Elsevier exchange rates. -Ed.] demon-
strates further the benefit that has accrued to American customers as a
result of this currency policy.
A Continuing Commitment
As the new chairman, I remain committed to the high levels of quality that
the Elsevier, Pergamon, North-Holland and Excerpta Medica imprints have
long represented. We continue an active collaboration with our partners in
the scientific communication chain -- researchers, editors and librarians -
- to maintain rigorous editorial and production standards in the print
environment. At the same time, we are actively exploring the many opportun-
ities offered by electronic developments....
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ATTACHMENT B
Titles Offering 5% Savings for 1996
[Elsevier's list also gives 1996 Dfl/SFr price and amt of dollar savings.]
AMSTERDAM $ Price thru $ Price after
Journal Title Dec. 31, 1995 Jan. 1, 1996
Biochimica et Biophysica Acta (Complete) 8837 9302
Brain Research (Complete) 12234 12878
Chemical Physics Letters 6569 6915
Journal of Chromatography (Complete) 7861 8274
Journal of Chromatography: A 6519 6862
Journal of Crystal Growth 6207 6534
Journal of Molecular Structure (Complete) 6384 6720
Mutation Research (Complete) 5862 6171
Nuclear Instruments & Methods (Complete) 11625 12237
Nuclear Instruments & Methods: A 6933 7298
Nuclear Physics (Complete) 14625 15395
Nuclear Physics: A 6089 6410
Nuclear Physics: B 9413 9909
Physica: A, B, C, D (Complete) 11981 12611
Physica: A, B, C 10425 10973
Physica: A, B, D 8292 8729
Physica: A, C, D 9714 10225
Physica: B, C, D 9951 10474
Physica: A, B 6415 6753
Physica: A, C 7955 8374
Physica: B, C 8212 8644
Physica: B, D 5902 6213
Physica: C, D 7442 7834
Physics Letters (Complete) 10635 11195
Physics Letters: B 5851 6159
Surface Science (Complete) 10460 11010
Surface Science (Incl Sur Sci Letters) 7507 7902
LAUSANNE
Journal of Electroanalytical Chemistry (Complete) 6626 6975
Journal of Electroanalytical Chemistry 6073 6393
Journal of Organometallic Chemistry 5968 6283
Materials Science and Engineering (Complete) 7042 7414
Thin Solid Films 6384 6721