http://www.logos.com/product/17817/princeton-theological-review
Let's bid it to something under 50 :-)
Thanks.
Considering 65,000 pages of journal articles by many well known authors, $ 50 would be an awesome bargain (with 95 % discount compared to hardcopy purchase).
Suggest bidding what willing to pay; personally bid more than $ 50.
Keep Smiling [:)]
Page count really counts for prices, but I cannot read and really use the whole collection, so USD 50 here is like paying for
a) a searchable amount of documents
b) access to some works by favorite authors
Maybe Logos will some day have subscription-based access to their vast library (this depends on the publishers of course), like Amazon Prime. But for now I can only spend like this on CP collections.
Page count really counts for prices
Page count also affects estimated production cost, which needs to be covered by Logos user community bidding for resource to be produced.
Personally prefer 90 % or higher discount for resources. For this set of journals, a bid of $ 100 has a 90 % discount.
To cover 100% of estimated production costs: bidding $ 50 needs twice as many users to bid as $ 100. With over 65,000 pages, lots of user bids are needed.
Maybe Logos will some day have subscription-based access to their vast library
Since this resource is in community pricing, if enough user bids are placed to cover 100% of estimated production, then Logos would have option to offer subscription-based access to these public domain journals (not need publisher permission, but would need software changes to enable subscriptions).
Yep, but Logos is a profitable company, so revenue from other resources will help these CP things come to life, even if they're priced at USD 50 for 65000 pages.
Also here they have more of a proof-reading and resource tagging work, than scanning, I hope.
Logos can pay for different levels of accuracy for typos.
Wonder what level would be usable for these journals ? 98.0 % 99.0 % 99.5 % 99.95 % 99.995%
Higher level of accuracy costs more, but has fewer typographical errors per page.
I can't believe Logos is offering this. I am so excited. I like the $50 bid idea but I think $100 is more likely to get it done. I am in at $100.
Interesting. The current strike price is $225. I was in for $50. As an experiment, I upped my bid to $200, and the strike price went down to $200. I moved down to $175 and the strike price went back up to $225. I'm back down to $100 for now. I think that's a fair price. Ideally it would be great if we could get enough bidders at $50 to bring it down to that, but I'm not sure how likely that is.
current price now is $100 - I bid $50...
Yep I bid 50$ !
[Y] I'm in at $50.
It would be nice if Logos sent e-mails to Logos users to advice to bid... who wouln't like to get this one? Tremendous resources, it's almost an obligation to get this one for 50$ :-)
I'm in at $50.00.
While I am sure it will be a good deal, I think the description needs some work. It looks like some book reviews are listed as the book itself. E.g. I doubt that the Complete works of Jonathon Edwards really was in one issue...
I am in for $50 ! How about a bid of $40 for John Gill now!
http://www.logos.com/product/17817/princeton-theological-review Let's bid it to something under 50 :-) Thanks.
This might not be a good idea. This collection won't be able to hit 100% if everyone bid $50. Theoretically, it's possible, but consider: if every person who has ever bid on a Community Pricing product in the last year bid $50 on this, it wouldn't hit 100%. It wouldn't even come close.
In fact, if every person who downloaded one of our free book offers bid $50 on this project, it still wouldn't come close. So pushing the price down to attract more users won't really help move this over 100%. This collection is simply too big.
I know it's tempting to ask, "What might this be worth to someone else?" and then try to drive the price down so the “someone else” is more likely to bid. But that question doesn't really make sense if the “someone else” is asking it, too. [:D]
The real question to ask yourself is: What is this worth to me? What would I pay to have access to all this content?
To help answer this question, consider what the following items are worth to you:
Surely each of these points is worth more than $50, and there are lots of benefits I haven't even mentioned that make this collection so valuable.
If you really want to see this project succeed, here are some things you can do:
Thank you, Kent, for the very open and helpful explanation!
I raise my bid to $ 100.
The CP description page needs to be changed because the projected price is $50. It sounds as though it should display $100 as the projected price. I bid $50 because that was the projected price and this would be a nice collection to have. Is it worth $100 to me? It is definitely worth $100 and more, but not to me in my current situation and needs.
Thanks for the helpful and detailed explanation, Kent.
I have upped my bid accordingly.
http://www.logos.com/product/17817/princeton-theological-review Let's bid it to something under 50 :-) Thanks. This might not be a good idea. This collection won't be able to hit 100% if everyone bid $50. Theoretically, it's possible, but consider: if every person who has ever bid on a Community Pricing product in the last year bid $50 on this, it wouldn't hit 100%. It wouldn't even come close. In fact, if every person who downloaded one of our free book offers bid $50 on this project, it still wouldn't come close. So pushing the price down to attract more users won't really help move this over 100%. This collection is simply too big. I know it's tempting to ask, "What might this be worth to someone else?" and then try to drive the price down so the “someone else” is more likely to bid. But that question doesn't really make sense if the “someone else” is asking it, too. The real question to ask yourself is: What is this worth to me? What would I pay to have access to all this content? To help answer this question, consider what the following items are worth to you: Primary source material. If Reformed folk were talking about it in the nineteenth century, they were talking about it in this journal. What were they talking about? Think of all the events in the nineteenth century that Christians were wrestling with: the rise of liberalism, the theory of evolution, biblical infallibility and authority, and hundreds of other topics the church is dealing with today. When the best Christian thinkers of the era tacked these issues in print, their work was published in this journal. If you’re a pastor and you want to find out what Old Princeton said about the text you’re preaching on next Sunday, this collection will tell you. Or if you’re doing research on the history of biblical interpretation, the history of American evangelicalism, or any number of other issues, this is your first stop for primary source material. Links. Depending on your library, there are probably tens of thousands of links to this material right now. Imagine what it will be like to have these links "turned on". Content by the biggest names in Reformed theology. Maybe you own some works by Hodge, Warfield, and other recognizable names. Did you know there are numerous articles by these greats of Reformed theology in this collection? And most of this content has been buried in university libraries and out of reach for years. We want to bring it back. Shear volume of material. The biggest collections in our format are in the 10,000–15,000 page range. By contrast, this collection has around 65,000 pages of content. It's the biggest collection we've ever posted on Community Pricing (by far). Not just one collection, but nine. This is really a collection of nine separate journals that we’ve bundled all together. Most advanced digital version ever. Print copies are virtually non-existent, and digital copies are just scanned PDFs of the print. They’re not searchable, they’re blurry, and they’re really not practical to use for research. Imagine having Logos editions of this content! Surely each of these points is worth more than $50, and there are lots of benefits I haven't even mentioned that make this collection so valuable. If you really want to see this project succeed, here are some things you can do: Raise your bid to $100. It's just a start, but it will really help a lot. If you're willing to pay more, please bid more. This is really valuable content. Spread the word. If you've got a blog, write about why this project is so important, and then link to the page on Logos.com. If you're on Twitter, then Tweet a link to the page every once-in-a-while. You can even use an app like Hootsuite to schedule out your Tweets—maybe once every few weeks for the next year, for example. Share the news on Facebook. Write a link on your whiteboard at school. Add a screenshot to your Pinterest board. Send an email to the students at your seminary. Hire a local skywriter to promote it…. You get the idea. Make sure your pastor knows about it. And if you’re a pastor, make sure the other pastors in your community and your denomination know about this.
I know it's tempting to ask, "What might this be worth to someone else?" and then try to drive the price down so the “someone else” is more likely to bid. But that question doesn't really make sense if the “someone else” is asking it, too.
Great post Kent. At $150 it is still just $.34 an issue, for the wealth of information I am officially upping my bid!
http://www.logos.com/product/17817/princeton-theological-review Let's bid it to something under 50 :-) Thanks. This might not be a good idea. This collection won't be able to hit 100% if everyone bid $50. Theoretically, it's possible, but consider: if every person who has ever bid on a Community Pricing product in the last year bid $50 on this, it wouldn't hit 100%. It wouldn't even come close. In fact, if every person who downloaded one of our free book offers bid $50 on this project, it still wouldn't come close. So pushing the price down to attract more users won't really help move this over 100%. This collection is simply too big. I know it's tempting to ask, "What might this be worth to someone else?" and then try to drive the price down so the “someone else” is more likely to bid. But that question doesn't really make sense if the “someone else” is asking it, too. The real question to ask yourself is: What is this worth to me? What would I pay to have access to all this content? To help answer this question, consider what the following items are worth to you: Primary source material. If Reformed folk were talking about it in the nineteenth century, they were talking about it in this journal. What were they talking about? Think of all the events in the nineteenth century that Christians were wrestling with: the rise of liberalism, the theory of evolution, biblical infallibility and authority, and hundreds of other topics the church is dealing with today. When the best Christian thinkers of the era tacked these issues in print, their work was published in this journal. If you’re a pastor and you want to find out what Old Princeton said about the text you’re preaching on next Sunday, this collection will tell you. Or if you’re doing research on the history of biblical interpretation, the history of American evangelicalism, or any number of other issues, this is your first stop for primary source material. Links. Depending on your library, there are probably tens of thousands of links to this material right now. Imagine what it will be like to have these links "turned on". Content by the biggest names in Reformed theology. Maybe you own some works by Hodge, Warfield, and other recognizable names. Did you know there are numerous articles by these greats of Reformed theology in this collection? And most of this content has been buried in university libraries and out of reach for years. We want to bring it back. Shear volume of material. The biggest collections in our format are in the 10,000–15,000 page range. By contrast, this collection has around 65,000 pages of content. It's the biggest collection we've ever posted on Community Pricing (by far). Not just one collection, but nine. This is really a collection of nine separate journals that we’ve bundled all together. Most advanced digital version ever. Print copies are virtually non-existent, and digital copies are just scanned PDFs of the print. They’re not searchable, they’re blurry, and they’re really not practical to use for research. Imagine having Logos editions of this content! Surely each of these points is worth more than $50, and there are lots of benefits I haven't even mentioned that make this collection so valuable. If you really want to see this project succeed, here are some things you can do: Raise your bid to $100. It's just a start, but it will really help a lot. If you're willing to pay more, please bid more. This is really valuable content. Spread the word. If you've got a blog, write about why this project is so important, and then link to the page on Logos.com. If you're on Twitter, then Tweet a link to the page every once-in-a-while. You can even use an app like Hootsuite to schedule out your Tweets—maybe once every few weeks for the next year, for example. Share the news on Facebook. Write a link on your whiteboard at school. Add a screenshot to your Pinterest board. Send an email to the students at your seminary. Hire a local skywriter to promote it…. You get the idea. Make sure your pastor knows about it. And if you’re a pastor, make sure the other pastors in your community and your denomination know about this. Great post Kent. At $150 it is still just $.34 an issue, for the wealth of information I am officially upping my bid!
OK, Kent. You've convinced me. And thanks Charles for the math. I've upped my bid to $125.
I lowered my bid to $50
Thank you
I think we need a new thread that says "initial price too low."
I had initially bid $50, but upon realizing that it will never gather enough support at that price point, raised my bid to $100. Many people who come to the forum won't read the discussion, and will only see the title and OP.
Princeton Theological Review (Be sure to read the comments from Phil Gons, Kent Hendricks, and Robert Campell (all Logos employees) on pages 3, 4, and 5 of this thread regarding the necessary bid levels for this product to reach %100 and the value for the dollar ... a most worthy investment!)
