over 50 ?

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Posts 85
Armwood | Forum Activity | Posted: Mon, Mar 19 2012 1:34 PM

CP is the place where we set the price for books that are of value or at lease of some value to us. The price is at lease in some ways set in this place to get the book/books in to production. so WE are helping the product line @ LOGOS and helping others who at a later time fined that they need  a product that LOGOS has to offer and WE help to put in production. my point is this why do we bid over 50 USD for any product in cp?  pre-pub is available for all over 50 USD..

 

 

HINT.. HINT.... REVELATIONCool 

Armwood

Posts 485
Randy Lane | Forum Activity | Replied: Mon, Mar 19 2012 2:00 PM

Armwood:

CP is the place where we set the price for books that are of value or at lease of some value to us. The price is at lease in some ways set in this place to get the book/books in to production. so WE are helping the product line @ LOGOS and helping others who at a later time fined that they need  a product that LOGOS has to offer and WE help to put in production. my point is this why do we bid over 50 USD for any product in cp?  pre-pub is available for all over 50 USD..

 HINT.. HINT.... REVELATIONCool 

The recently posted Princeton Journals should give people a clue how C.P. works.

Logos recommended a pretty high price in everyone's opiinion, so users here decided everyone should bid $50. After a day or tow, with many responding that they bid $50, the line hardly showed any progrees. Why? Becasue at $50 the total "pledged" by all bidders barely put a dent toward the total production cost.

The Revelation set is not going anywhere in part because too many bids are needed at $50 to reach the required production cost. While one can argue that if the cost reflected in the top were lower more people would bid, the fact still remains that counting all of the bids of $50 or more still barely covers 50% of the production cost. In my opinion the lower displayed price will not likely motivate enough additional bids to carry that much more than another 10%-20%, which still leaves it a long way from production.

Someone from Logos would have to confirm this, but I would not be surprised if production costs for Revelation commentaries are considerably higher than other commentariess because there are many more scripture references, let alone references to other literature and lexcial aids, in commentaries on Revelation than most, if not all, other commentaries (and Logos has enough experience with commentaries on every book in the Bible to know this much better than we do).

Bottom line is pushing Revelation into production will likely require a combination of additional bidders AND an increase of say $20-$30 by most of those who have already bid less than $70-$80 (in my opinion, again).

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Keep Smiling 4 Jesus :) | Forum Activity | Replied: Tue, Mar 20 2012 12:31 AM

Randal M Lane:
Logos recommended a pretty high price in everyone's opiinion, so users here decided everyone should bid $50. After a day or tow, with many responding that they bid $50, the line hardly showed any progrees. Why? Becasue at $50 the total "pledged" by all bidders barely put a dent toward the total production cost.

After a few days, projected price had 10 % progress towards covering 100 % of estimated production costs for over 65,000 pages (digitizing and proof reading).

Considering Logos user community numbers over a million; potential does exist for => Princeton Theological Review (443 issues) and => Classic Commentaries and Studies on Revelation (27 vols.) to have enough $ 50 bids placed to cover 100 % of estimated production costs.

Since Revelation set has 12,448 pages, anticipate significantly fewer bidders are needed (compared to 65,000 pages).

For both sets, $ 50 is an awesome, incredible bargain price compared to hardcopy purchase.  Caveat: needs many, many more Logos user bids.

Observation: if the $ 50 bidders on Revelation raised their bid to $ 100, the set would have enough bids for closing and resource development.

Also aware of numerous Logos users, whose maximum bid amount for any community pricing item is $ 50 so wondering about potential of splitting some community pricing items into smaller sets (although aggregate price across sets may total more than $ 50 when compared to original sets).  For future community pricing, wonder if Logos should limit hard cap hardcopy purchase to $ 500 so a $ 50 bid is a 90 % discount.

Edit: looking at half of community pricing => http://www.logos.com/products/search?Status=Community+Pricing&start=45&sort=progress&pageSize=45 with decreasing progress, noticed a diverse range of hard copy reference prices.  Now have doubts whether splitting some items would make any difference.

Keep Smiling Smile

Posts 273
Brad Fry | Forum Activity | Replied: Tue, Mar 20 2012 6:49 AM

Subject line made me think I was gonna get something for free, like Coffee at Whataburger! Oh well.

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