Why not dynamic pricing on every collection?
Why isn't every collection presented with dynamic pricing?
It would be nice (and fair) if I could trust that I don't pay for the same book twice. And often it is hard to figure out exactly which books I own in a collection.
I have also noticed that some collections have dynamic pricing for a period of time, and then it is gone. Why?
Comments
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You ask some great pointed questions. I certainly don't know the answer to all of them and I would love a concise answer so I will be following this thread as well.
What I do know is that it is not as straight forward as it first may appear. I think that sales and/or bundles combined with contractual arrangements often complicate things.
In addition I agree that Logos doesn't make it easy to determine if dynamic pricing even applies. We can check by opening a browser that isn't signed into our Logos account but even then we have to manually look up which ones may be missing in our libraries. I appreciate dynamic pricing but it also can be quite frustrating at times.
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Bruce Dunning said:
You ask some great pointed questions
Bruce Dunning said:In addition I agree that Logos doesn't make it easy to determine if dynamic pricing even applies. We can check by opening a browser that isn't signed into our Logos account but even then we have to manually look up which ones may be missing in our libraries. I appreciate dynamic pricing but it also can be quite frustrating at times.
I agree with you Bruce.
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Bruce Dunning said:
In addition I agree that Logos doesn't make it easy to determine if dynamic pricing even applies. We can check by opening a browser that isn't signed into our Logos account but even then we have to manually look up which ones may be missing in our libraries. I appreciate dynamic pricing but it also can be quite frustrating at times.
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Yes dynamic pricing on all collection's would be great!!!
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Thanks for your replies.
Could someone from Logos also comment on this?
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Raymond Urne said:
Why isn't every collection presented with dynamic pricing?
There are two things that need to happen before dynamic pricing can be made available:
- Every individual item in the collection needs to be assigned a value, so that the price can be correctly worked out. If all the items available in the collections can be purchased individually, then this is already done, but often this is not the case. For the larger collections, is obviously a lot of work.
- The publisher needs to agree to the dynamic pricing model. I don't have inside information on this, but I wouldn't be surprised if contracts before a certain date didn't include this option. Probably an addendum is offered to publishers to allow this on their back titles, but given the short-sightedness of many publishers in the electronic age, I wouldn't expect all to agree.
Raymond Urne said:I have also noticed that some collections have dynamic pricing for a period of time, and then it is gone. Why?
Again I don't have inside info, but I'm going to suggest three possibilities:
- Perhaps Logos and the publisher tests some products to see how dynamic pricing affects demand/sales.
- Perhaps occasionally there are human errors and dynamic pricing is turned on inappropriately.
- Sometimes there are technical problems (e.g. base packages aren't offering dynamic pricing to me, at the moment, which I'm sure is a technical problem).
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It's also possible that it could be a glitch in the system. I own NICNT Acts and NICNT Romans. When I look at the collections containing these books, I am given a dynamic price for the 44 volume NICNT/NICOT collection but not for the 21 volume NICNT collection.
I wrote to the sales dept. about this and the response I got was "it appears to be a glitch."
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If I remember correctly, Logos did state that a/some publisher(s) did rejected dynamic pricing.Mark Barnes said:The publisher needs to agree to the dynamic pricing model.
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Raymond Urne said:
Why isn't every collection presented with dynamic pricing?
It would be nice (and fair) if I could trust that I don't pay for the same book twice. And often it is hard to figure out exactly which books I own in a collection.
I have also noticed that some collections have dynamic pricing for a period of time, and then it is gone. Why?I generally agree, wholeheartedly.
However, if you purchased a book at a greatly discounted price, such as in a package deal, you can't expect Logos to give you more value than you paid for the book. Books in large packages are significantly discounted, sometimes dimes on the dollar. Sometimes the discount may be based on the entire package as a whole, and it may be impossible to say how much each individual book was discounted. I can see where Logos would have a problem even keeping up with that. And, for example, Logos certainly can 't be expected to give you a $50 discount for a book that you really only paid $20 to purchase as part of a package. And if you are buying a collection, the book you own may be already discounted in that package more than you paid for it in another package.
In other words, it is complicated.
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Then logos should never say "you'll never pay the same book twice"tom said:
If I remember correctly, Logos did state that a/some publisher(s) did rejected dynamic pricing.Mark Barnes said:The publisher needs to agree to the dynamic pricing model.
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I wholeheartedly agree. Although, I know this is not a simple topic to deal with. At the very least, I would like to know where my discounts are coming from on how much from each source. For an example, I'm an academic, so it might say 15% discount for being an academic, another 10% for buying an item in the collection, etc.
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