Could someone explain to me the difference between prepub and community pricing?
Community Pricing allows Logos users to bid on public domain books to become Logos resources. Once enough bids have been placed to cover 100 % of estimated production cost, the final (closing) price is determined by how many more Logos users bid. At closing, the lowest price point that covers 100 % of estimated production cost becomes the order price for all bidders. The Resource now becomes a pre-publication with a higher price and "under development" status.
Other resources start as a pre-publication that needs enough pre-orders to cover estimated cost, e.g. => Lexham Discourse Hebrew Bible Bundle (6 vols.) , => Biblical Languages: Reference Grammars and Introductions (19 vols.) , and => New Interpreter's Bible (12 vols.) After enough pre-orders are placed, the pre-publication status changes to "under development"
Third variant of pre-publications are copyrighted resources that start as "under development" since Logos and publisher know from past sales experience that the resource will sell enough to cover estimated production costs.
When pre-publication ships, orders are processed. Have option to cancel pre-publication order before resource ships or request refund within 30 days after resource ships.
Keep Smiilng [:)]
Prepub resources are prices set by Logos and/or the publisher. Most of the time (but not always) pre pubs are for works still under copyright. Community pricing is a system that allows users to "bid" on how much they would be willing to spend on public domain works. Logos establishes the cost to produce an item/collection, and when enough interest has been generated, it goes into production.
Let me describe it in really simple terms: Let's say that Logos determines that it will cost $100 to produce a text. One person can fork over $100; ten people can pay $10; or one hundred pay $1. The production costs are being met any of those ways.
If there is a collection you are interested in, you should determine how much it would be worth to you, and how much you would be willing to pay. If you are part of the winning bid, you will have the opportunity to purchase that resource at that amount. You don't get charged until it ships, and you can cancel before then.
For a long time I didn't use community pricing because I thought it was a pre-prepub. I thought after we got a price fix by community pricing, it then went to pre-pub to get orders. That isnt how it works. After a item makes it in community pricing, it then goes into under development . No need to fill the bar up a second time in Pre-pub.[:)]
For a long time I didn't use community pricing because I thought it was a pre-prepub. I thought after we got a price fix by community pricing, it then went to pre-pub to get orders. That isnt how it works. After a item makes it in community pricing, it then goes into under development . No need to fill the bar up a second time in Pre-pub.
It actually does go into pre-pub from CP, but it's already "under development" -- more orders can accumulate at this stage, but the people who missed out on CP have to pay significantly more at this point. It's still less than the final price will be once it ships. But it's best to get in on Community Pricing if you can. Those are where the best deals are to be had. But not all resources go through a CP phase. In fact most don't, only public domain works.
