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+1 Me too :-)
Me too!
* Old Testament Cultural Practices Collection (14 Vols.): purchased for $189 on pre-pub, now at its regular price of $999 (I saved just over $700)* History of Israel Collection (19 Vols.): purchased for $299 on pre-pub, now at its regular price of $1,299 (I saved $1,000)
What does this mean?
That you offered to pay the lower amount and are still getting it even when it costs more now?
Please explain this to me, I thought that if I "bid" low, I won't get it when the price rises.
Thanks in advance,
Vaclav Janca
What does this mean? That you offered to pay the lower amount and are still getting it even when it costs more now? Please explain this to me, I thought that if I "bid" low, I won't get it when the price rises. Thanks in advance, Vaclav Janca
Hi Vaclav, community pricing works this way: while a title is in the "community pricing" phase, you bid what you're willing to pay. Enough people have to bid on it to make the total cost to bring it to production, but once that threshold is crossed, the price continues to drop as more people bid on it, until it moves out of "community pricing" into "pre-pub" status. Then the price is locked in at the lowest that it was during CP. If you happened to bid lower than that, you miss out. But if you had bid that amount or higher, you get it locked in at the final CP price. Then the price jumps up significantly to the pre-pub price. Others can buy it at that price during the pre-pub stage. Finally when it is released, the price rises yet again.
So the best time to buy a book is when it's in Community Pricing. Only a very few books go through this stage (just older public domain works, normally). Pre-pub is still a fantastic deal, though.
EDIT: You can read more about Community Pricing here and here and here.
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