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4LTR PRESS | BISG CONFERENCE 2011

      Neil Marquardt, Director
4LTR Press Snapshot


• MKTG published in March 2007

• 60 4LTR Press solutions available
   • Business
   • Social Sciences
   • Math & Science

• Student Tested, Faculty Approved

 4LTR PRESS | BISG CONFERENCE 2011
“Student Tested” Format & Medium
• Capture student preference and study behaviors for
  each new product
       •   Focus groups & one-on-one conversations
       •   Surveys
       •   Intercepts
       •   Prototype iterations

• Over 12,000 students involved since January ’07

• Survey students on print and digital preferences during the
  development stages and throughout course (once
  adopted)

 4LTR PRESS | BISG CONFERENCE 2011
Fall ’10 Research (Sample)
   What most often gets in the way of                     When you study, what prevents
   having or making time to study?                        you from doing so effectively?
        15%                                                      15%

                                32%                                                               31%
   9%
                                                          16%
  2%



                              11%
       25%                                                                                   15%
                        6%     Work Schedule                     23%
                               Friends                               Length of Chapters
                               Other Academic Activites              Unclear Expectations
                               Family                                Media Distractions
                               Commute
                               Motivation                            Lack of Useful Tools
                               I always have time                    I always study effectively



Based on 4LTR Press Research Conducted Fall 2010 with 337 Students


  4LTR PRESS | BISG CONFERENCE 2011
Fall ‘10 Research (Sample)
      What format do you prefer for                     How do professors present the
      educational reading?                              eBook option?

             9%      1%                                                            11%


      13%
                                                                                              22%
                                       49%
                                                        53%



                                                                                         7%
       28%
                                                           Recommend Print
                                                                                    7%
              Mainly Print                                 Interchangeable with Print
              Mainly Digital                               Recommend eBook
              Both, but more Print                         Purchase Both
              Both, but more digital                       Never offered
              Both Equally



                             Digital Up almost 10% since 2007
Based on 4LTR Press Research Conducted Fall 2010 with 337 Students


   4LTR PRESS | BISG CONFERENCE 2011
“Faculty Approved” Content
• Then, we turn to faculty in each course area to vet
  content and approach through:

   • Webinars
   • Surveys and one-on-one conversations
   • Faculty review boards

• Over 4,000 faculty have participated (since January ’07)

• Faculty conduct extensive research with their students
  through “use cases” and surveys in online and in-class
  settings

 4LTR PRESS | BISG CONFERENCE 2011
Stakeholders


                                       Faculty &
         Students
                                     Administrators



                                       Content
       Bookstores
                                       Providers

 4LTR PRESS | BISG CONFERENCE 2011
Sales Model: One Price Fits All


 Print + Digital
 Option



 Digital Option




 Print Option


 4LTR PRESS | BISG CONFERENCE 2011
                                     8
4LTR Press… Four Years Later




           Observations


 4LTR PRESS | BISG CONFERENCE 2011
4LTR Press




                        Thanks


 4LTR PRESS | BISG CONFERENCE 2011

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BISG's MIP for Higher Ed - Marquardt, Neil

  • 1. 4LTR PRESS | BISG CONFERENCE 2011 Neil Marquardt, Director
  • 2. 4LTR Press Snapshot • MKTG published in March 2007 • 60 4LTR Press solutions available • Business • Social Sciences • Math & Science • Student Tested, Faculty Approved 4LTR PRESS | BISG CONFERENCE 2011
  • 3. “Student Tested” Format & Medium • Capture student preference and study behaviors for each new product • Focus groups & one-on-one conversations • Surveys • Intercepts • Prototype iterations • Over 12,000 students involved since January ’07 • Survey students on print and digital preferences during the development stages and throughout course (once adopted) 4LTR PRESS | BISG CONFERENCE 2011
  • 4. Fall ’10 Research (Sample) What most often gets in the way of When you study, what prevents having or making time to study? you from doing so effectively? 15% 15% 32% 31% 9% 16% 2% 11% 25% 15% 6% Work Schedule 23% Friends Length of Chapters Other Academic Activites Unclear Expectations Family Media Distractions Commute Motivation Lack of Useful Tools I always have time I always study effectively Based on 4LTR Press Research Conducted Fall 2010 with 337 Students 4LTR PRESS | BISG CONFERENCE 2011
  • 5. Fall ‘10 Research (Sample) What format do you prefer for How do professors present the educational reading? eBook option? 9% 1% 11% 13% 22% 49% 53% 7% 28% Recommend Print 7% Mainly Print Interchangeable with Print Mainly Digital Recommend eBook Both, but more Print Purchase Both Both, but more digital Never offered Both Equally Digital Up almost 10% since 2007 Based on 4LTR Press Research Conducted Fall 2010 with 337 Students 4LTR PRESS | BISG CONFERENCE 2011
  • 6. “Faculty Approved” Content • Then, we turn to faculty in each course area to vet content and approach through: • Webinars • Surveys and one-on-one conversations • Faculty review boards • Over 4,000 faculty have participated (since January ’07) • Faculty conduct extensive research with their students through “use cases” and surveys in online and in-class settings 4LTR PRESS | BISG CONFERENCE 2011
  • 7. Stakeholders Faculty & Students Administrators Content Bookstores Providers 4LTR PRESS | BISG CONFERENCE 2011
  • 8. Sales Model: One Price Fits All Print + Digital Option Digital Option Print Option 4LTR PRESS | BISG CONFERENCE 2011 8
  • 9. 4LTR Press… Four Years Later Observations 4LTR PRESS | BISG CONFERENCE 2011
  • 10. 4LTR Press Thanks 4LTR PRESS | BISG CONFERENCE 2011