Contribute additional funds to Community Pricing

Br Damien-Joseph OSB
Member Posts: 227 ✭✭✭
Problem: Some Community Pricing products are simply not going to make it to production at the typical going-rate. Not with another five or ten more years, not with even a few hundred extra bids in some of those projects.
Possibility: Some users may want to contribute more than the trending bid in order to ensure the production of the project. Someone whose research, say, intersects with a specific collection that hasn't moved a pixel in its funding in six years, may want to commit a noteworthy amount to get the project underway. What's more likely, though, is that more than one individual will want to contribute additional funds to their favorite projects to ensure their production. If Community Pricing is supposed to be FL's crowdsourcing product platform, why isn't it actually used as such? The videos say "Pay what you want!" but this is certainly not the case in the instance where users actively want to pay *more* to get a product across the threshold.
Suggestion: Add an interface that allows users to commit a fixed amount (increments of perhaps $20, $50, $100, $200, $500...) to the production of the project, above and beyond their bid, which requires acknowledgement via a mandatory terms-and-conditions form that the money can't be retracted by the user unless initiated by FL (for example, for a project that gets cancelled due to whatever technical reasons, these things happen). If you really wanted to encourage the crowdfunding aspect, offer something extra to users who pay extra in these products (at the time the product ships): Coupons that scale with the size of the contribution (5% off select titles; 10% off select titles, etc.). Perhaps even a free book off of an extensive list.
Desired Result: Better user engagement in Community Pricing and in the store; more product flexibility with additional royalty-free products; deeper libraries for committed users and greater customer satisfaction. (Wouldn't it be nice to have that Mormon Studies Collection finally shipped? Or the Speaker Commentary? Or more of these Classic Commentary series?)
That is all.
Possibility: Some users may want to contribute more than the trending bid in order to ensure the production of the project. Someone whose research, say, intersects with a specific collection that hasn't moved a pixel in its funding in six years, may want to commit a noteworthy amount to get the project underway. What's more likely, though, is that more than one individual will want to contribute additional funds to their favorite projects to ensure their production. If Community Pricing is supposed to be FL's crowdsourcing product platform, why isn't it actually used as such? The videos say "Pay what you want!" but this is certainly not the case in the instance where users actively want to pay *more* to get a product across the threshold.
Suggestion: Add an interface that allows users to commit a fixed amount (increments of perhaps $20, $50, $100, $200, $500...) to the production of the project, above and beyond their bid, which requires acknowledgement via a mandatory terms-and-conditions form that the money can't be retracted by the user unless initiated by FL (for example, for a project that gets cancelled due to whatever technical reasons, these things happen). If you really wanted to encourage the crowdfunding aspect, offer something extra to users who pay extra in these products (at the time the product ships): Coupons that scale with the size of the contribution (5% off select titles; 10% off select titles, etc.). Perhaps even a free book off of an extensive list.
Desired Result: Better user engagement in Community Pricing and in the store; more product flexibility with additional royalty-free products; deeper libraries for committed users and greater customer satisfaction. (Wouldn't it be nice to have that Mormon Studies Collection finally shipped? Or the Speaker Commentary? Or more of these Classic Commentary series?)
That is all.
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Comments
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I have suggested in the past: you ask what I am willing to pay for a resource, so if the book is stuck in CP, let me pay what I said I would be willing. I say, if a book is stuck in CP, add the max bids and see if if is enough. Then notify bidders of that. Any new bidders would have to bid at least the projected winning bid. Let's get these books published. I made extensive lists of books I wanted published and then learned that a lot of them were sitting in CP.0