Sure would like to see this close at a lot less than $26. $20 seems to be a reasonable hope.
I'd love to see this reach $20.
Sure would like to see this close at a lot less than $26. $20 seems to be a reasonable hope. The Sherlock Holmes Collection (8 vols.)
Love the stories, but I have too many biblical pre-pub and wish list items that are more important than spending $20 on enjoyable fiction. Sorry I can't help drive the price down.
The volumes are freely available on Kindle and iBooks, if anyone is interested in reading them outside of Logos.
Down to $20. How about down into the teens. There can't be a big cost for production so the number of bids to keep driving it down should be minimal.
It really should have leveled at around $12 to $15 in the first place, but there were too many high bidders...
Anyway, $20 is just about acceptable. [:D]
That's not how Community Pricing works. Every bidder lowers the overall price. If everyone were to bid $1000, but the end result was that $20 would pay for it, than everyone would pay $20.
It really should have leveled at around $12 to $15 in the first place, but there were too many high bidders... That's not how Community Pricing works. Every bidder lowers the overall price. If everyone were to bid $1000, but the end result was that $20 would pay for it, than everyone would pay $20.
True! BUT high bidders tend to scare early low bidders away.
It really should have leveled at around $12 to $15 in the first place, but there were too many high bidders... That's not how Community Pricing works. Every bidder lowers the overall price. If everyone were to bid $1000, but the end result was that $20 would pay for it, than everyone would pay $20. True! BUT high bidders tend to scare early low bidders away.
BUT low bidders strand great books so that they will never produced, just look at the Catholic Encyclopedia that has been sabotaged by cheapskates.
It is at $20.00 and can easily make it to $18.00
Also true.
Wrong, and easy to disprove. Simple example.
Production cost is $100. Bidding steps $10, $20, $30. If 5 users bid $10 each, the $10 step is at 50%, the $20 step is at 0%, and the $20 step is at 0%. The projected price is $10.
Next, 3 more users bid $30. Then the $30 step is at 90%, the $20 step is at 60%, the $10 step is at 80%. The projected price is $30. More bids have increased the price.
High bids increase the price, no matter whether they come early in the process or late.
BUT low bidders strand great books so that they will never produced, just look at the Catholic Encyclopedia that has been sabotaged by cheapskates. Also true.
I find that there are a lot of Community Pricing offerings that sound interesting, but that - if I'm honest with myself - I would be very unlikely to buy at full price if I pass them up on CP. Of course, if I pass them all up, there are likely some that I would end up having to buy at full price for one reason or another. On those, I would end up losing money. But if I were to buy them all through CP, I'd end up spending a lot of money on books that I'll likely never use.
One strategy I've found useful is to estimate what my personal "expected cost" is for a book or collection, assuming that I don't get it through Community Pricing. I define my personal expected cost as the regular price of a collection, times the probability that I will end up buying it at the regular price. So, if the regular price for a collection is $100, and there's a 50/50 chance that I'll end up buying it, then my personal expected cost is $50 - and I consider anything below that a good deal. If the regular price is $100, but I think there's only a one in four chance that I'd end up buying it at the regular price, then my personal expected cost is $25. If I'm estimating the likelihood of purchase reasonably well, then bidding at or below my personal expected cost should - on average - help me hold down my overall cost.
That's not how Community Pricing works. Every bidder lowers the overall price. If everyone were to bid $1000, but the end result was that $20 would pay for it, than everyone would pay $20. Wrong, and easy to disprove. Simple example. Production cost is $100. Bidding steps $10, $20, $30. If 5 users bid $10 each, the $10 step is at 50%, the $20 step is at 0%, and the $20 step is at 0%. The projected price is $10. Next, 3 more users bid $30. Then the $30 step is at 90%, the $20 step is at 60%, the $10 step is at 80%. The projected price is $30. More bids have increased the price. High bids increase the price, no matter whether they come early in the process or late.
Production cost is $1005 users bid $20 each - The price will be $201 additional user bids $1,000 - The price will be $16.672 additional users bid $1,000 - The price will be $14.293 additional users bid $1,000 - The price will be $12.5095 additional users bid $1,000 - The price will be $1.00
Love it!
That case only happens after the product has crossed the 100% line, but never before.
It has now passed $20 and is close to $18. I wonder how low we can get it.
This has been hovering around 95% @ $28 for quite a while. I'm glad to see finally closing.
It is at $18.00 now and $16 is not far off.
$16 is possible. Great to see it drop so much in a few days.
Changed my bid to 44 to help with the lowering of the price.
Despite any previous posts, that is pointless. A bid at a higher price point is also a bid at every other lower price point. The ONLY reason to lower a bid is psychological (that is to say, despite having nothing to lose, some people won't bid at all if the curve is too high...).
I knew it was pointless but felt like bidding the price I paid for the complete works hardcover I own. I would have put it higher but it only went to 44.
[Y]
Some users only want "cheap" books. Others want them "now." For most CP resources I fall into the former category, but it can take longer to get more people on board. For this resource, $20 is too much for me. Any & every book that I would want to use for sermon prep (including illustrations) and/or research I would want in my Logos library. Books that I would only want to read on my Kindle Paperwhite, I would prefer to have in Kindle... especially with the cheaper prices. My thoughts were a little different when we had "send to kindle."
My cheap books come from Vyrso. The amount I have spent over the years for my library I could build a house. I am a fan of Doyle and will pay almost anything to get this resource.
