Princeton Theological Review (443 issues) - initial price too high

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This post has 150 Replies | 3 Followers

Posts 18651
Rosie Perera | Forum Activity | Replied: Tue, Mar 20 2012 1:06 PM

Alan Charles Gielczyk:

Kent Hendricks:

Timothy Ha:

http://www.logos.com/product/17817/princeton-theological-review

Let's bid it to something under 50 :-)

Thanks.

This might not be a good idea. This collection won't be able to hit 100% if everyone bid $50. Theoretically, it's possible, but consider: if every person who has ever bid on a Community Pricing product in the last year bid $50 on this, it wouldn't hit 100%. It wouldn't even come close.

In fact, if every person who downloaded one of our free book offers bid $50 on this project, it still wouldn't come close. So pushing the price down to attract more users won't really help move this over 100%. This collection is simply too big.

I know it's tempting to ask, "What might this be worth to someone else?" and then try to drive the price down so the “someone else” is more likely to bid. But that question doesn't really make sense if the “someone else” is asking it, too. Big Smile 

The real question to ask yourself is: What is this worth to me? What would I pay to have access to all this content?

To help answer this question, consider what the following items are worth to you:

  1. Primary source material. If Reformed folk were talking about it in the nineteenth century, they were talking about it in this journal. What were they talking about? Think of all the events in the nineteenth century that Christians were wrestling with: the rise of liberalism, the theory of evolution, biblical infallibility and authority, and hundreds of other topics the church is dealing with today. When the best Christian thinkers of the era tacked these issues in print, their work was published in this journal. If you’re a pastor and you want to find out what Old Princeton said about the text you’re preaching on next Sunday, this collection will tell you. Or if you’re doing research on the history of biblical interpretation, the history of American evangelicalism, or any number of other issues, this is your first stop for primary source material.
  2. Links. Depending on your library, there are probably tens of thousands of links to this material right now. Imagine what it will be like to have these links "turned on". 
  3. Content by the biggest names in Reformed theology. Maybe you own some works by Hodge, Warfield, and other recognizable names. Did you know there are numerous articles by these greats of Reformed theology in this collection? And most of this content has been buried in university libraries and out of reach for years. We want to bring it back.
  4. Shear volume of material. The biggest collections in our format are in the 10,000–15,000 page range. By contrast, this collection has around 65,000 pages of content. It's the biggest collection we've ever posted on Community Pricing (by far).
  5. Not just one collection, but nine. This is really a collection of nine separate journals that we’ve bundled all together.
  6. Most advanced digital version ever. Print copies are virtually non-existent, and digital copies are just scanned PDFs of the print. They’re not searchable, they’re blurry, and they’re really not practical to use for research. Imagine having Logos editions of this content!

Surely each of these points is worth more than $50, and there are lots of benefits I haven't even mentioned that make this collection so valuable.

If you really want to see this project succeed, here are some things you can do:

  1. Raise your bid to $100. It's just a start, but it will really help a lot. If you're willing to pay more, please bid more. This is really valuable content.
  2. Spread the word. If you've got a blog, write about why this project is so important, and then link to the page on Logos.com. If you're on Twitter, then Tweet a link to the page every once-in-a-while. You can even use an app like Hootsuite to schedule out your Tweets—maybe once every few weeks for the next year, for example. Share the news on Facebook. Write a link on your whiteboard at school. Add a screenshot to your Pinterest board. Send an email to the students at your seminary. Hire a local skywriter to promote it…. You get the idea. Big Smile
  3. Make sure your pastor knows about it. And if you’re a pastor, make sure the other pastors in your community and your denomination know about this.

 

Great post Kent. At $150 it is still just $.34 an issue, for the wealth of information I am officially upping my bid!

OK, Kent. You've convinced me. And thanks Charles for the math. I've upped my bid to $125.

Posts 408
Ken Shawver | Forum Activity | Replied: Tue, Mar 20 2012 1:10 PM

Well, I am convinced but the finances aren't there so I am going to have to bow out for the time being from this offering. Bummer though.

In Christ,

Ken

Dell Studio 1555; 15.6 True Life LCD; Intel Core 2 Duo T6600 2.20 GHz, 2M Cache, 800 MHz FSB ; 500GB 5400 HDD; 8GB RAM, Win 10, Chrome 70

http://wiki.logos.com/

Posts 21
Robert Campbell | Forum Activity | Replied: Tue, Mar 20 2012 1:10 PM

The page count has been updated: 82,999. That's about 188 pages an issue. Think about it like a 443-volume commentary set written by Hodge, Vos, Machen, Warfield, etc. Yes

Posts 401
Timothy Ha | Forum Activity | Replied: Tue, Mar 20 2012 1:11 PM

Thanks.  I will consider going up, too.  USD 100 is still less than the USD 225 in initial projected price.

JesusChrist.ru - Russian Christian Portal, with free Bible software; Timh.ru - blog

Posts 776
JRS | Forum Activity | Replied: Tue, Mar 20 2012 1:49 PM

Changed to $150.

How blessed is the one whom Thou dost choose, and bring near to Thee(Psa 65:4a)

Posts 10521
Forum MVP
Jack Caviness | Forum Activity | Replied: Tue, Mar 20 2012 2:03 PM

Robert Campbell:
The page count has been updated: 82,999.

OK, ya'll convinced me. Raised my bid to $100

Posts 322
Ralph Mauch | Forum Activity | Replied: Tue, Mar 20 2012 2:33 PM

Jack Caviness:

OK, ya'll convinced me. Raised my bid to $100

I'm in at $75, better that then nothing... I can live without these, but they would be cool to have.

 

Posts 352
Mike & Rachel Aubrey | Forum Activity | Replied: Tue, Mar 20 2012 3:02 PM

Kenneth Shawver:

Well, I am convinced but the finances aren't there so I am going to have to bow out for the time being from this offering. Bummer though.

Kenneth, even at $100 its still going to take a massive amount of time to even get to development. Put a couple bucks in a jar for the next year and you'll have the $100 if you think the set is worth it.

 

Posts 242
ROGER JIMENEZ | Forum Activity | Replied: Tue, Mar 20 2012 5:37 PM

What is this worth to me?=x

How much am I willing to pay?=y

How much do I have to get it?=$50

Would I be willing to pay more if I can?=x

Would I...

Posts 226
Michael A. Lasley | Forum Activity | Replied: Tue, Mar 20 2012 5:56 PM

I think the Princeton Theological Review will be a good test of how many accounts we have that are willing to use CP for getting good deals. Revelation and this one have a high production cost. So let's wait and see how the $50 price point on this attracts buyers. The Revelation product has 3 times as many at $50 as at $160[that counts the $160 bidders in the $50 also. And at $50 we have almost 60% of the cost on Revelation. New bidders bid $50 for awhile and let's see how many we can get. If it does not move significantly in a couple of months, I would be willing to raise my bid.

Posts 15805
Forum MVP
Keep Smiling 4 Jesus :) | Forum Activity | Replied: Tue, Mar 20 2012 6:49 PM

MichaelAndrew:
I think the Princeton Theological Review will be a good test of how many accounts we have that are willing to use CP for getting good deals.

Concur, looking at http://www.logos.com/product/17817/princeton-theological-review noticed $ 100 is up a bit.  All bids greater than $ 50 are included in $ 50, whose peak has also moved up a bit.  Wonder about potential for lots more new bids by Logos user community ?

Keep Smiling Smile

Posts 15805
Forum MVP
Keep Smiling 4 Jesus :) | Forum Activity | Replied: Tue, Mar 20 2012 6:55 PM

Kent Hendricks:

The real question to ask yourself is: What is this worth to me? What would I pay to have access to all this content?

 

To help answer this question, consider what the following items are worth to you:

  1. Primary source material. If Reformed folk were talking about it in the nineteenth century, they were talking about it in this journal. What were they talking about? Think of all the events in the nineteenth century that Christians were wrestling with: the rise of liberalism, the theory of evolution, biblical infallibility and authority, and hundreds of other topics the church is dealing with today. When the best Christian thinkers of the era tacked these issues in print, their work was published in this journal. If you’re a pastor and you want to find out what Old Princeton said about the text you’re preaching on next Sunday, this collection will tell you. Or if you’re doing research on the history of biblical interpretation, the history of American evangelicalism, or any number of other issues, this is your first stop for primary source material.
  2. Links. Depending on your library, there are probably tens of thousands of links to this material right now. Imagine what it will be like to have these links "turned on". 
  3. Content by the biggest names in Reformed theology. Maybe you own some works by Hodge, Warfield, and other recognizable names. Did you know there are numerous articles by these greats of Reformed theology in this collection? And most of this content has been buried in university libraries and out of reach for years. We want to bring it back.
  4. Shear volume of material. The biggest collections in our format are in the 10,000–15,000 page range. By contrast, this collection has around 65,000 pages of content. It's the biggest collection we've ever posted on Community Pricing (by far).
  5. Not just one collection, but nine. This is really a collection of nine separate journals that we’ve bundled all together.
  6. Most advanced digital version ever. Print copies are virtually non-existent, and digital copies are just scanned PDFs of the print. They’re not searchable, they’re blurry, and they’re really not practical to use for research. Imagine having Logos editions of this content!

Surely each of these points is worth more than $50, and there are lots of benefits I haven't even mentioned that make this collection so valuable.

 

If you really want to see this project succeed, here are some things you can do:

  1. Raise your bid to $100. It's just a start, but it will really help a lot. If you're willing to pay more, please bid more. This is really valuable content.
  2. Spread the word. If you've got a blog, write about why this project is so important, and then link to the page on Logos.com. If you're on Twitter, then Tweet a link to the page every once-in-a-while. You can even use an app like Hootsuite to schedule out your Tweets—maybe once every few weeks for the next year, for example. Share the news on Facebook. Write a link on your whiteboard at school. Add a screenshot to your Pinterest board. Send an email to the students at your seminary. Hire a local skywriter to promote it…. You get the idea. Big Smile
  3. Make sure your pastor knows about it. And if you’re a pastor, make sure the other pastors in your community and your denomination know about this.

Wonder about Logos blog and newswire ?  If this resource receives enough bids for production, wonder about a ballpark estimate for digitizing and proof reading ~ 83,000 pages ? one year ?

Keep Smiling Smile

Posts 701
ChelseaFC | Forum Activity | Replied: Thu, May 3 2012 8:13 AM

Just placed a $100 bid. I encourage others to do the same if you are able.

Cheers,

Marcus

Chelsea FC- Today is a good day!

Posts 401
Timothy Ha | Forum Activity | Replied: Thu, May 3 2012 8:17 AM

Thanks, I am also at 100 USD since a while ago.

But the progress is really slow.  But it's OK, my pocket will soon be emptied just because of updates in NIVAC, NICOT and Zondervan sets!

JesusChrist.ru - Russian Christian Portal, with free Bible software; Timh.ru - blog

Posts 2964
tom | Forum Activity | Replied: Thu, May 3 2012 1:11 PM

And I am in at $50 because this the most that I am going to be spending on this set.

Posts 50
JAIN THOMAS | Forum Activity | Replied: Thu, May 3 2012 11:06 PM

I lowered my bid to $50

Thank you

Posts 201
Garrett Ho | Forum Activity | Replied: Fri, May 4 2012 12:21 AM

I think we need a new thread that says "initial price too low."

I had initially bid $50, but upon realizing that it will never gather enough support at that price point, raised my bid to $100. Many people who come to the forum won't read the discussion, and will only see the title and OP.

Posts 776
JRS | Forum Activity | Replied: Fri, Oct 5 2012 2:11 PM

 

Princeton Theological Review    (Be sure to read the comments from Phil Gons, Kent Hendricks, and Robert Campell (all Logos employees) on pages 3, 4, and 5 of this thread regarding the necessary bid levels for this product to reach %100 and the value for the dollar ... a most worthy investment!)

How blessed is the one whom Thou dost choose, and bring near to Thee(Psa 65:4a)

Posts 2964
tom | Forum Activity | Replied: Fri, Oct 5 2012 2:32 PM

JRS:
a most worthy investment!)
FYI... Those of us at $50 don't think it is a worthy investment at 100.

Posts 2304
Beloved | Forum Activity | Replied: Fri, Oct 5 2012 3:46 PM

Been in @$75 since 8/12 would seriously consider raising bid to $100 if I saw a peak at this price

Meanwhile, Jesus kept on growing wiser and more mature, and in favor with God and his fellow man.

International Standard Version. (2011). (Lk 2:52). Yorba Linda, CA: ISV Foundation.

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