Publisher pricing

IBS 2.7 > Group Administrator: Publisher Functions

As the course publisher, you set the Publisher price for each product you produce. If you would like to make your materials available to particular Groups for a lower price, you may reduce the price of materials sold in those Groups by applying publisher pricing factors. This adjusted publisher price, plus the IBS surcharge, is the “wholesale” cost that an Academic Group must pay every time it sells your product to a student.

Publisher Base Price

You specify the Publisher base price when you define the product. You may update the price at any time. Select Group Administrators > Publisher > Publish Products. Locate the product you need to change and click Edit.

Publisher Pricing Factors

Pricing factors are expressed as a percentage which is multiplied by the base price. They can range from 0% to 100%. A factor of 0% would reduce the price to $0, while a factor of 100% has no effect on the price. The same pricing factors apply to all of your materials; you cannot set different factors for different courses or package types.

You can set two types of factors:

• Default Group factor tells IBS what factor to apply to your base price if you have not set a specific factor for a particular Group. Most publishing Groups will probably set their default factors to 100%.
• Group factors allow you to offer a discount to students who are members of a particular Group. For example, you may want to make your materials available to students in your own Group for free, but charge full price to students in other Groups. In that case, you would set a Group factor for your own Group of 0%. Group factors can be applied to as many Groups as you like.

To set publisher pricing factors, select Group Administrators > Publisher > Set Publisher Pricing Factors.

• Your default Group factor will appear. To change it, type the desired value and click Update.
• If you wish to set a Group factor (that is, to make a particular Group’s pricing different from the default), click Group Factors at the top of the screen. Locate the Group whose factor you want to change and click Edit, then enter the new factor. Click Update; the new factor will now appear in the list of Groups.
• Once you have set a Group factor, a Reset button appears in the Action column for that Group. Clicking Reset will restore that Group to the default Group factor. 

IBS Share Factors

Both Publishing and Academic Groups are asked to help support IBS by sharing a small portion of their net earnings from each sale with IBS. IBS sets share factors indicating the percentage of each Group’s net earnings that will be shared. (Shares are separate from, and in addition to, the IBS surcharge, which is paid by Academic Groups.) For Publishing Groups, the share factor is applied to the adjusted Publisher price (that is, the price you actually receive for the sales item after Group factors are applied).

You may view your IBS share factor by selecting Group Administrators > General Administration > Group Cost Elements. If you have questions about your IBS share factor, please contact your Partner Relationship Manager (PRM) or the IBS System Administrator.