Ringgold Header

home our services for publishers news about ringgold contact us




Case Studies

How unique institutional identifiers can help you understand your customer base,
save staff time, develop and protect revenues


Adding institutional identifiers to your customer data, and discovering the structure of how
different records are connected within institutions and consortia, saves time, reduces effort and avoids costly miscalculations in pricing new site licenses, acquiring new journals and reporting on renewal / cancellation trends.

Identifiers also enable you to bring different data sets together, supporting more targeted communications and more informed strategic decisions.


Download this presentation >>
Pulling Together: information flow throughout the scholarly supply chain
by Laura Cox, Chief Marketing Officer for Ringgold Inc

Background: data proliferation

Many publishers’ customer databases will have been set up during the print era, when institutions typically held multiple subscriptions to key journals. The customer name associated with each order would vary depending on where the purchase was initiated – perhaps a department, a subject library, the faculty library or simply the overall institution. The print fulfilment process did not require records for a particular institution to be connected in any way, so for simplicity, each of these would usually be set up as a separate customer record within a publisher’s system. This proliferation of data was exacerbated by varying translations of overseas customer names, particularly those originating in non-Roman alphabets.

The problem: calculating customer numbers and per-customer value

Multiple records for each customer, and no function or data to connect them, meant that publishers could not calculate precisely the number of customers they had, or how much each of those customers was spending overall. The impact of this was minimal during the days of growing institutional budgets and print orders, but caused problems when the shift to online and, in due course, budget cuts began to trigger cancellations.
Lori Carlin, Director, Fulfillment and Marketing at the American Institute of Physics (AIP), recalls the challenges faced by AIP prior to its adoption of Ringgold in 2004: 
“We couldn’t be sure whether we were losing subscribers, or just seeing consolidation from multiple subscriptions. We had people poring over numbers trying to work it out, because we needed to understand what was a cancellation, what was a renewal, and what was a new subscription, in order to plan our strategy and our resources. Only once we implemented Ringgold were we able to be sure that we weren’t losing customers, and to be precise about how many new customers we were winning.”

Case study: accurate, complete data to inform pricing decisions

In order to balance the transition of revenues from print orders to online site licenses, publishers need to know which print orders will be replaced by the site license, and what price is currently being paid overall. This information is even more critical when selling to library consortia where the number of current orders can be in the thousands; understating past spending can have serious consequences for
the business.
Nick Niemeyer, Site License Manager at Annual Reviews, encountered this problem frequently:
“Analyzing our old fulfillment systems to understand what we were selling and to whom could take days of compiling and massaging data. The data had not been standardized in a way that we could have confidence in tracing each customer entity back to a parent institution.”
Allison Durocher, Licensing Manager for Scholarly Journals at the American Academy of Pediatrics (AAP), agrees:
“Our in-house database is set up primarily for fulfillment, not customer relationship management,” she explains. “Subscriptions are listed in different names and at different levels; I had to do a lot of detective work to make sure I had found all the relevant orders. Even researching the holdings of a single institution could take me hours.”
AAP began working with Ringgold in 2006.
“Ringgold audited our entire customer data set, adding unique identifiers for each institution and clarifying for us which purchasing units could be grouped as a single customer. Now when I am asked to quote for a new site license, I can quickly and easily find everything that should be counted within that institution or consortia’s subscriptions. What used to take upwards of half a day now takes 15 minutes.”
For Nick Niemeyer too, the Ringgold identifier has proven “invaluable” since Annual Reviews adopted it in 2006.

Case study: integrating intelligence to improve business strategy

Most publishers will have several separate databases including subscription fulfillment, marketing communications, author submissions,
online usage, and more. Many business decisions will require intelligence from more than one system; the prohibitive expense of collating and integrating information from different sources often means that decisions are taken in relative ignorance, resulting in suboptimal strategies.
Applying Ringgold identifiers across multiple datasets enables different sources of intelligence to be integrated, enabling a more  sophisticated response.
“Last year, Ringgold audited all the institutions on our marketing database,”
states Jane Makoff at SAGE Publications, which had initially audited its fulfillment data.
“This meant we could load our institutional subscription data into our marketing database more easily, and so tie our researcher and faculty contact details with their institutional access rights. This enables us to carry out targeted marketing, for example, to encourage greater usage of big deals and ensure that COUNTER statistics for those deals would encourage renewal".
External data can also be combined with internal data if both sets have Ringgold identifiers.
“Our usage data from EBSCOHost comes with a Ringgold ID, so I can mash up that data with my records to inform our usage and marketing campaigns,” says AIP’s Lori Carlin. “Before, we would never have had the resource to join up our EBSCOHost data with our own systems – Ringgold makes it infinitely easier.”
“Ringgold has the potential to answer all the big questions that publishers ask of their data,” concludes Nick Niemeyer at Annual Reviews. “For each institution, how many subscriptions do we have? What’s the revenue? Do we have contact details for personal subscribers? What’s the usage? What aren’t they subscribing to? Most of us don’t have the resources to answer those questions; with Ringgold, we can.


How understanding the wider market can reveal new business opportunities

Ringgold’s Identify service provides a foundation on which to build a sophisticated market strategy. Beyond the initial audit of your own data, licensing or loading the full Identify dataset enables you to understand the size and structure of your wider revenue potential.
Profiling your subscribers to prioritize segments with the highest propensity to purchase allows you to allocate resources effectively. Matching your own usage or analytics reports to Ringgold’s breadth of institutions enables you to identify and target existing “anonymous”
users. The depth of Ringgold’s data gives you sufficient intelligence to research and model more complex strategies, for example, new pricing structures.

Case study: analysing your market penetration and opportunities

At Oxford University Press (OUP), Ringgold’s data is used to assess the size of the target market, regionally or by institution type.
“We can then query our own data against the Ringgold dataset,” explains Senior Library Marketing Manager Colin Meddings, “to assess what level of penetration we have – whether in terms of our overall customer list, or of a particular market segment. Because our data has been audited by Ringgold, we know that we’re comparing like-withlike, and that we can have more trust in the results.”
Ringgold’s meta-view on to the wider market, beyond any one institution’s data, enables the complex web of relationships between different purchasing units to be understood in its entirety, not just in the glimpses that a restricted customer set can afford; “this provides useful insight into how institutions relate to each other, to consortia, and to individuals," continues Colin Meddings.

Case study: profiling your subscribers to prioritize new leads

Having established the size and potential of different target markets, publishers can use Ringgold’s data to identify and prioritize target
institutions. “Ringgold’s records include a range of information about each institution that can be used to profile your current subscriber base,” explains Camilla Braithwaite, Marketing Manager at TBI Communications, which has used Ringgold’s data in projects for a range of publishers and societies, including the American Society of Plant Biology, Edinburgh University Press and the Society of General Microbiology.
“Categorizing current subscribers by, for example, geographic region and institution type helps you see where your content has strongest appeal. You can then search the rest of Ringgold’s system for other institutions that fit the profile, so Ringgold is giving you both the background intelligence to plan your marketing strategy, and the data to action that strategy.”

Case study: identifying 'turnaways' and authors' institutions

Publishers often receive “denial of access” or “turnaway” lists from their online host or technology partner, which typically show IP addresses that attempted to access content but were not licensed to do so. In the past, with little resource available to research the institutions represented by these IP addresses, the value of this information has remained locked up in such reports. But once Ringgold added IP address to the growing depth of information that Identify offers for each institution, it became much simpler and more cost-effective to match the IP addresses in the report to a named institution.
“From our own data, we can identify potential up-sell opportunities within institutions that subscribe to some of our content, but are trying to access journals that they don’t currently license,” says Jane Makoff at SAGE. “The advantage of Ringgold is that it enables you to identify organizations that are trying to access your content and with whom you don’t currently have any kind of relationship – new business, with demonstrable demand for your content.”
“Ringgold also helps us to identify those institutions that don’t subscribe, but from which we have authors. It’s like a shared service for
publishers,” adds Lori Carlin, Director, Fulfillment and Marketing at the American Institute of Physics (AIP).
“We could not justify the investment in researching that level of intelligence ourselves, but Ringgold can achieve economies of scale by doing this on our behalf; the richer their data is, the more we all benefit.”

Case study: researching and price models

The transition from print to online subscriptions has led many publishers to review pricing policies in order to monetize peripheral markets and ensure future sustainability in core markets.
“We’ve used Ringgold’s data to inform a number of projects that have resulted in new tiered pricing models,” says TBI Communications’ Camilla Braithwaite. “Key variables for pricing include the number of sites being licensed, the size of the overall institution and its categorization according to systems such as Carnegie and JISC. Ringgold’s system includes all this data and more, and enables the current subscriber base to be structured and profiled as a basis for modelling potential changes in pricing. Prospective customers, including those from new markets, can also be identified and analyzed to ensure that any potential model will support market entry and growth as well as maintenance of the existing customer base.”
Ringgold can also be used to check the robustness of price models when acquiring new journals. OUP’s Colin Meddings describes one
potential scenario that publishers face:
“If we sense that lots of customers of a new journal are not paying the correct price (under a tiered pricing model, for example), we can use Ringgold to see what the scale of the problem is, so that we know how urgently it will need to be addressed.”

Case study: evaluating and implementing journal acquisitions

Oxford University Press (OUP) contracted Ringgold to audit its data in 2002. Senior Library Marketing Manager Colin Meddings describes the value of the reliable customer and subscription reports that Ringgold has enabled:
“OUP takes on publication of new journals each year as societies choose to partner with us. Analyzing and managing customer data is a critical aspect of taking over publication of a journal. Incorrect records at the early stages of an acquisition can have an impact on the journal’s ongoing success, so it’s important that we can have confidence in that data – which is what Ringgold gives us, by ensuring we can understand the structure of a journal’s current subscriptions and compare that in a meaningful way to our existing customer base.”
Accurate, complete data that can be readily integrated into a new system is also vital for ensuring continuity of service for customers during a transfer. “Exchanging journals with another Ringgold publisher is much smoother,” says Jane Makoff, Associate Director, Marketing at SAGE Publications.
“The Ringgold identifier is a common field between our subscription system and that of the transferring journal publisher. It means we can load subscription records much more easily. Where the transferring publisher does not use Ringgold IDs, there is always a risk of institutions not matching and subscription rights not being set up correctly; the whole transfer process is much more manual. If everyone’s data had Ringgold IDs, then transitions would be easier and there would be fewer cases of subscriptions getting ‘lost’ during the transfer.”



Don't let the perplexity of your customer data prevent you from making smart business decisions. Talk to Ringgold today about how we could help.

Contact us for further information or take a look at our Products and Services.




 
©2004-2013 Ringgold - All rights reserved.