The Green price or the current price that is the highest for this collection is $50. It is also the lowest possible bid. Is there a reason that there are no bids available below this?
http://www.logos.com/product/17817/princeton-theological-review
Probably because when they looked at the actual cost to produce this enormous collection of journals, they figured there would need to be so many bidders at $50 that it would never go over the top at that level, let alone at any lower price. There's some discussion of this with input from Logos employee Kent Hendricks on this thread.
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Thanks Rosie I hadn't seen this.
Ud Laugh 2: Is there a reason that there are no bids available below this?
Yes, but that doesn't meant Logos can't /won't change it. The reason is that when Logos looks at the production cost, they consider how many users would have to bid at various price points to cover costs. The price points represent the company's desire to see the resource go into publication within a reasonable time frame. A $25 price point would require twice as many bidders as $50.
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alabama24:Yes, but that doesn't meant Logos can't /won't change it.
On this occasion I doubt it just because of the sheer size of the material - 443 issues.
Ted Hans: alabama24:Yes, but that doesn't meant Logos can't /won't change it. On this occasion I doubt it just because of the sheer size of the material - 443 issues.
The 443 issues have over 82,000 pages, which is substantially more than 12,448 pages in Classic Commentaries and Studies on Revelation (27 vols.)
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alabama24: Ud Laugh 2: Is there a reason that there are no bids available below this? Yes, but that doesn't meant Logos can't /won't change it. The reason is that when Logos looks at the production cost, they consider how many users would have to bid at various price points to cover costs. The price points represent the company's desire to see the resource go into publication within a reasonable time frame. A $25 price point would require twice as many bidders as $50.
In light of this, I would like to encourage people to consider raising their bids to $100. At $50, I fear that this will never reach production. I'd rather pay $100 to see it go to production within 6 months, than to pay $50 and wait 2-3 years when enough people FINALLY trickle in. I'm just not confident that there are enough people to push this into production at $50.
Of course, all of this is conjecture. I don't actually know how much Logos has set production at, or how many users usually bid in CP (of course this varies greatly depending on the resource I'm sure), so I really have no idea whether or not production at $50 is reasonable/plausible. I just wonder since this set has produced quite a lot of interest (at least on the forums), and yet not a lot of movement (still below 20% at $50). Do we need to get real and raise our bids? Maybe. Could all this be erroneous? That is a distinct possibility.
Can anyone else weigh in?
C Devin Chaulk:Can anyone else weigh in?
See this thread, Logos have already weighed in http://community.logos.com/forums/p/47093/350955.aspx#350955
http://community.logos.com/forums/p/47093/351036.aspx#351036
http://community.logos.com/forums/p/47093/351183.aspx#351183
C Devin Chaulk:I'd rather pay $100 to see it go to production within 6 months, than to pay $50 and wait 2-3 years when enough people FINALLY trickle in.
KS4J keeps reminding us of the number of pages each resource has, and that the number of pages should affect the cost. For Logos, I agree. For the consumer, I slightly agree. For me, what is on the pages is by far more important than the number of pages. All of these journals are very old; most of them are older than 100 years. For me, ten cents an issue is about all I will pay because what is on the pages is sooooooooooooooo old.
How is it the Spurgeon collection (more than $2000 at retail) is already half way to production cost at $80 and that the Princeton Theological Review ($1000 retail) is only 10% progress to production cost? Are there SO many more bidders for the Spurgeon Collection?
C Devin Chaulk: alabama24: Ud Laugh 2: Is there a reason that there are no bids available below this? Yes, but that doesn't meant Logos can't /won't change it. The reason is that when Logos looks at the production cost, they consider how many users would have to bid at various price points to cover costs. The price points represent the company's desire to see the resource go into publication within a reasonable time frame. A $25 price point would require twice as many bidders as $50. In light of this, I would like to encourage people to consider raising their bids to $100. At $50, I fear that this will never reach production. I'd rather pay $100 to see it go to production within 6 months, than to pay $50 and wait 2-3 years when enough people FINALLY trickle in. I'm just not confident that there are enough people to push this into production at $50.
I agree with your thought, but even $100 seems low to me. I think $150-$200 would be more in line with the cost required to get this massive library into Logos.
tom collinge:For me, what is on the pages is by far more important than the number of pages. All of these journals are very old; most of them are older than 100 years. For me, ten cents an issue is about all I will pay because what is on the pages is sooooooooooooooo old.
Likewise concur page content is more important for determining personal value of resource(s).
Observation: Orthodoxy by G. K. Chesterton was published in 1908, which is included in Catholic Library Builder (238 vols.) that has a conclusion worth considering.
The "newest" volume in The Cambridge Bible for Schools and Colleges (58 vols.) was published in 1922 (~ 90 years ago); many volumes are older. After reading a number of entries, am coming to a similar conclusion as BillS => http://community.logos.com/forums/p/48338/358456.aspx#358456 so have prioritized this series as my # 2 commentary. My favorite commentary series => UBS New Testament Handbook Series and => UBS Old Testament Handbook Series is newer.
Personally Thankful for many old resources in my Logos library, which can be read and quickly searched when studying. My bid for http://www.logos.com/product/17817/princeton-theological-review is much higher than $ 50
Fabrice de Almeida:How is it the Spurgeon collection (more than $2000 at retail) is already half way to production cost at $80 and that the Princeton Theological Review ($1000 retail) is only 10% progress to production cost? Are there SO many more bidders for the Spurgeon Collection?
I think Logos should split this collection up. People bid the same prices for a 400 volume set as they do for a 1 volume.
Evan Boardman: I think Logos should split this collection up. People bid the same prices for a 400 volume set as the do for a 1 volume.
I think Logos should split this collection up. People bid the same prices for a 400 volume set as the do for a 1 volume.
Not a bad idea… but it might not be beneficial to offer them at the same time in CP. What do you think?
alabama24:Not a bad idea… but it might not be beneficial to offer them at the same time in CP
I agree that it should be broken up and offered in sequence. It is too big of a project for CP at this time.