Mathew Poole, John Gill, Thomas Manton

Bill

The works of these three great men of God have been sitting in Community Pricing now for over a year at prices of $30.00 and $40.00 respectively. Am I missing something here, because these look to me like three treasures that have been overlooked.

Graham Owen

HWK said:

Am I missing something here, because these look to me like three treasures that have been overlooked.

You are not missing anything, it is just the nature of the Community Pricing system and resources will quite often stick in the program for a long time if they don't benefit from an initial surge of interest when first posted by Logos.

Some resources do well when a post like this is made, especially if you add some detail as to why you consider them "treasures" this will act as a timely reminder for the "low bidders" and may also attract some new bidders to the system. Now that Logos have increased the number of resources that they are putting through the CP system I doubt that many new Logos users or longer term users who discover the system will go through the list of all resources so promotion here on the forum with a link can help.

There are also anomalies in the system so for example the Classic Commentaries on Revelation seem to be stuck because of an initial surge of high bids. For reasons that I do not understand this seems to inhibit the lower bids. I think some bidders may wrongly believe that a low bid commits them to buying at a higher price when the resource goes into production. There have been a number of attempts to understand what makes things stall but to date I think all of our attempts to understand the psychology of the CP bidder have failed.

There seem to be lots of different bidders out there with different behaviours, three can be clearly observed.

1. The "I want this now" bidder who bids high on things that they really, really want. There seem to be a lot of these for Revelation.
2. The "what is it worth to me" bidder who simply looks at each resource and determines how much they would pay for it. These seem to be the bulk of the bidders and they seem to try and be objective.
3. The "I want it but don't want to pay too much" bidder, they bid the lowest available price on the resource and seem to rely on the your bid will fail eMail to prompt a more serious assessment. My guess is the number of these who convert to type 1 or 2 when they are about to miss out determines how far the price drops, I'm pretty sure that a lot of these bidders have missed out on things when they only have a couple of days to change their bid.

All of this is a long winded way of saying the best way to get these resources moving is to use the forums to generate some more interest and attract more bidders.

Evan Boardman

https://community.logos.com/discussion/comment/354531#Comment_354531

Let's not forget Brooks. Six volumes for only $12. If you placed a bid lower please raise it, $12 for this work is more than a great deal.

http://www.logos.com/product/8568/the-complete-works-of-thomas-brooks

Paul N

Three cheers for each of these men!

(that's nine cheers!)

fgh

https://community.logos.com/discussion/comment/354531#Comment_354531

Graham Owen said:

I think some bidders may wrongly believe that a low bid commits them to buying at a higher price when the resource goes into production.

There's also those who believe it works like an auction, where putting in a lower bid when others have already bid higher would make you look rather foolish.

Plus the ones who assume that a $160 CP will never get down to a price they're willing to pay, so they give up beforehand.

And the ones who've never heard of CP, do a search for Revelation commentaries, see $160, assume that's what it costs, and move on without exploring further.

Graham Owen said:

There seem to be lots of different bidders out there with different behaviours, three can be clearly observed.

I think these are different bidding strategies, rather than different bidders. At least I follow all three, depending on how much I want the resource.

I also think that number 2, far from being the 'bulk', is instead a rather small group. If it was the bulk, we'd see the bids far more spread out. No, I'd say the vast majority belong to a  group 4: the "I'll bid whatever everyone else is bidding" bidder.