A while back (Sept. 2, 2009) Dan Conover wrote a post on “The Key To Darbas” soft launch . Within that post he mentioned some ideas that I found to be very interesting concerning Community Licensing. At the time that I initially read the post, I was also teaching at Horry Georgetown Technical College. I was only about two weeks into my first course when he made the post, but I saw a direct correlation to the way he was thing about an open community and to a problem that I found my students were having.
As you may know the cost of textbooks for higher education are expensive. Not only are they expensive, but they are also time consuming to produce and in some cases inaccurate by the time they come to print and find there ways into classrooms. One of my goals as an educator was to use the same tools that I work with as a marketing professional. I found the idea of “Teaching Paperless” to be a great goal and I set-out to do just that. I used my personal blog as a tool to communicate with my students about daily assignments and used online media resources as means to show “real life” and “real time” examples of the subjects in which we were talking about. I would pull the main key points from the book and post them as topics of discussions as well.
I found myself leaning more and more away from the book and more into “real life, real time” examples. Upon talking with other higher education professionals I found this to be the case for them as well. It wasn’t so much as pulling away from the textbook as it was providing supplemental materials for their students that contained “real life, real time” information. Is there a way to use new technology, not only as a new media teaching tool, but also as a concise delivery method of up-to-date digital customizable textbooks?
I think digital media, real time data, accuracy of information, disbursement of information and payment/profit models all exist in loose connections. These individual parts could be pulled together to form a new business model for Higher Education Textbooks. Having real time data and examples that are customizable by individual professors or department chairs to coincide directly with there programs content is a great resource. With a pay-per-click model for article and video downloads, I believe you would have an affordable textbook solution that stays current from semester to semester.

A rough breakdown of the model:
• A higher education portal in which articles, papers, documentation, examples, videos, tutorials and references exist in a database.
• This information is produced by scholars, teachers, writers and professionals all within there field of study.
• Each of these professionals are a part of the program and sign up for an account to be vetted by the staff.
• All information is broken down by categories and tags and cross referenced for similar articles and media.
• All articles are considered “live.” In other words they can link to extra information, outside resources etc.
• There is a 2 pronged rating system for each article. The first being rated on by the professor that has choose the text in the past and the other rated on by the students who had to use the article.
• The professor/department chair chooses which articles, videos, pictures examples to include within there digital textbook. (This could be done on daily bases, weekly bases, semester bases.)
• The digital textbook is available for download with multiple options.
**Not sure if this is where the payment module fits in or at the end user. More market research is needed.
• The professor then uses the information contained within as a teaching tool.
***The second option for payment is if the end user actually clicks to read the article, watch the video etc. then payment would be posted.
How this business model is different
• Customizable textbooks
• Up-to-date information
• Interactivity
• Pay module
• Multiple format options (PDF, post-to-blog, direct complier editions – Kindle, iPad ) {Need more research – time, money, effort to compile multiple formats}
Keys To Success
• Making it easy to have higher education professional submit articles and get paid for articles used. This would open up textbooks to a whole new world of writers. Short stories, articles and essays could now be revenue source for professors who haven’t gone down the road to traditional textbook publishing. If you can get a few big name professors, schools and department chairs behind this with submitting articles I think it will open the door to all kinds of relevant submissions. Professors are continually doing work within their field. They have up-to-date numbers, theories and proposals that may or may not get picked up in journals. This gives them other opportunities to get there findings out there.
• Showcasing that textbooks are not just text, but rich video, photography and sound lectures can accompany them.
• Real life, real time” articles and data
• Multiple formats of textbook delivery.
• A good rating system and recommendation system for professors trying to compose a textbook.
Competition
All seem to have a rental service
http://www.chegg.com/
http://www.alibris.com
http://www.barnesandnoble.com/textbooks/index.asp
A few Links
http://www.dailyfinance.com/story/media/textbooks-in-the-ipad-age-will-cool-tech-beat-renting/19362200/
Good background and research. Talk about a slightly different model.
http://www.eschoolnews.com/2010/06/09/not-everyone-ready-for-the-digital-textbook-revolution/
I think the commentator of the story has it correctly. I see the business model changing from traditional publishing to hyper-activity media publishing.
http://www.pcworld.com/article/188427/interactive_textbooks_headed_to_ipad_report_says.html
This article points out some very valid points. I like to think that the proposed business module would make textbooks more affordable and would send more profits direct to the writes and contributors.
http://seankheraj.wordpress.com/2010/06/25/textbooks-in-a-digital-age-the-history-of-canada-online/
He gets the point but still never address the cost option of the books.
http://www.good.is/post/the-demise-of-the-200-textbook
Conclusion
While this idea does not tread on any new ground, the payment module and higher education community involvement gives the project potential. More research is needed to see if it is idea that will be accepted within higher education. Professors and universities tend to run in closed circles, so it will be key to find out if they would be on board with a business model such as this. If initial reports are positive the first step would be to compile a formal proposal outlining all key elements. In doing so this would help in looking for venture capital funding and educational grants.
Initial Contacts
• Dan Conover, this is the brain child of his initial idea. Has great resources and insight into the newspaper industries “pay wall” model.
• Nakia Pope, professor at Winthrop University. He is highly involved in the education side of teaching and would provided valuable insight.
• Richard Miller, an IT Specialist at University of Virginia. He used to work as assistant editor at HarperCollins Publishers.
• Paul Reynolds, local entrepreneur, computer programmer and has published applications on proposed delivery devices.
• Dave Slusher, highly involved in all things digital and wife is a former Coastal Carolina University Professor
• J. Wynia, possess great insight into theoretical technology and business idea generation.
• Joel Watson, computer programmer. He used to work for the Charleston library system.