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Chronicle article: An Online Library Struggles to Survive
For those who haven't kept up with Questia... of possible interest. The
article is quite lengthy and well worth a detour.
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This article is available online at this address:
http://chronicle.com/weekly/v50/i03/03a02701.htm
- The text of the article is below -
From the issue dated September 12, 2003
An Online Library Struggles to Survive
By ANDREA L. FOSTER
The for-profit online library Questia opened in January
2001 with slogans that portrayed college libraries as
irrelevant and advertisements that showed desperate students
turning to Questia for all of their research needs.
Now it's Questia that looks desperate. It has drastically
shrunk its work force, halted its marketing campaign, and
closed offices in Los Angeles and New York, leaving only the
Houston headquarters open. The company also has scaled back
aspirations for its library collection and expanded its target
audience to include high-school students.
[SNIP]
The company is hanging on with a humanities and
social-sciences collection of 45,000 books and 360,000
articles from journals and periodicals. That's a small
fraction of what most research libraries have. The libraries
at Cornell University, for example, contain 7.3 million
volumes. Even modest-size Carleton College has more than
481,009 books.
Questia itself is much smaller than its founder and chief
executive officer, Troy Williams, envisioned. During the heady
days of the dot-com boom, he talked confidently of having
750,000 volumes in the online library. He forged ahead with an
untried business plan, one that depends on selling individual
subscriptions to high-school students.
Customers typically opt for the $19.95 monthly subscription,
which renews itself automatically until it is canceled.
Quarterly and annual subscriptions are available as well.
Users also get a variety of student-oriented services, like a
list of more than 4,000 research topics, and tools to create
footnotes. Questia woos subscribers with ads on many of its
Web pages, by claiming that it is "the world's largest online
library," and by making the text of one book available free:
Helen Keller's The Story of My Life, published in 1903.
Mr. Williams says Questia is still growing and "more than
covers its operating costs." But those familiar with the
company say its downsized ambitions should serve as a reminder
to entrepreneurs that building an online library for college
students that fails to win over college librarians and
scholars is likely to falter.
[SNIP - some interesting figures in the Chronicle about
relative usage]
Questia.com attracted 517,000 visitors in July, far fewer than
the 2.7 million at the Web site of Encyclopaedia Britannica,
for example, according to comScore. Questia ranked last among
20 research sites in the number of visitors attracted that
month.
[SNIP]
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You may visit The Chronicle as follows:
http://chronicle.com
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Copyright 2003 by The Chronicle of Higher Education