Romans Classic Update closing on Friday, October 24th.
Well, it is finally over. But $96 is just too much to pay for this resource. Come on folks, lets get the price down.
Please bid or adjust your bid now. - https://www.logos.com/product/37794/classic-commentaries-and-studies-on-romans-upgrade
I doubled my bid, but $90 is just too much for this. I'm surprised its going for what it is.
It would be lovely at half the price - but it is currently too rich for me!
We need a combination of people who bid $96 dropping their bids and others who bid lower to raise their bids.
I had a bid in at $60, raised it up.
It's worth what it's worth to people who buy it. It isn't worth anywhere near $96 to me, but it apparently is to enough people to put it in production. Unless the price is somehow artificially inflated, well, $96 is what it's worth. If enough people want to pay $1,000, can you blame Logos for letting them? Logos can produce it for $96 and that is fair. But it's my loss [:^)]
$48 is it for me- but u know what will happen the next upgrade will include them and you'll get soaked- happens everytime. So get ready feel it coming.
Every time I find a resource in my library I forget about how much it cost.
When you buy the update is it all new information, or are you getting the old and new with the resource? Also it is looking like it may be $84.00 now but $60.00 would be so much better..
It's now at $84. Now it's going in the right direction.
Glad to see it move down a little to $84. It's still very high, far too high for me normally for a classic commentary on CP. But then, I can't get enough of Romans...
Glad it's heading down too. Can we get it down more?
Smaller increments - $6 instead of $12 for example - may help. [I]
But then, I can't get enough of Romans...
Has anybody noticed The Romans Collection (125 volumes) does not include this Romans Upgrade?
To have the ultimate Romans collection, get both!
LOWER your bids to $48 or less- this collection is only worth approx 1.50 per book.
Has anybody noticed The Romans Collection (125 volumes) does not include this Romans Upgrade? To have the ultimate Romans collection, get both!
I know, it's a shame it's not included. There are some more recent publications that aren't included in The Romans Collection too. But the ultimate Romans collection is becoming increasingly more possible in Logos format, although there are some publications still not available in digital format.
At the current price, it would go for $2.62 per book.
The only way for it to go lower is for all the people who do NOT think the collection is worth an average of $2.62 to actually place a bid for what they thiink it IS worth. Compared to previous Classic offerings, the high total price for the collection seems to have deterred many people and they are avoiding bidding. This is democracy in action folks. Your vote does NOT count if you do not bid. Your vote does NOT count if you wthdraw your bid. Bid what you think it IS worth and do not sell yourself short and miss out unless you do not want the collection.
That's a refreshing perspective! Wouldn't even cover shipping on a print volume. Sometimes I think we become myopic in perspective. Sure we want it less. So bid. Let's see what happens.
Remember with electronic books its data not paper- so if they sell 1000 copies no shipping involved, no tree dies, no ink used, no printing press, no building to house inventory; so they still make a substanial amount of money on thhe venture.
It is getting close to $72. This is a call for a few more bidders.
There is always the temptation to nickle and dime a Classic collection like this. But the best time to help set where the peak crosses the line is BEFORE it gets to 100%.After that it depends on teh risk takers who are willing to miss out or have the time to wait until the last minute to raise their bids a minute before closing (assuming not problems with internet traffic from your location...)
It is now set to close on Friday 10/24, and by recent practice it will close, even if the peak drops below 100% at the last minute, so lowering bids will no longer have any impact on the closing price. The only impact will be made by those who have not yet placed a bid placing a bid or by those who bid low deciding they are willing to pay a few cents more per volume.
Check over the details and decide what the collection would be worth to you: that will be a different value for everyone: to some it will be worth nothing... the key is : bid what you think it will be worth to you (but try to avoid missing out because of bidding a few cents per volume too low)
$84=$2.62 per book at the current closing price: bid this price if you want to be sure to add these books to your Romans collection$72=$2.25 might just make it if we can get a few extra bids$60=$1.88 would require a LOT of new bidders$48=$1.50 a little too late to realistically expect it to go that low, but try it if you like the sport and do not care if you get it$36=$1.13 has happened on rare occasions for a really popular title or collection, but too late in this game to be much more than a spolied ballot$24=$0.75 not a chance, this collection does not have that kind of momentum or popularity, and there are less than 3 days left now....
$72=$2.25 might just make it if we can get a few extra bids
It has gone up a bit more even tonight. It is very much within reach.
When this hits pre-pub and goes into production- the next upgrade will cost you approx. $6 per volume- so do yourself a favor- drop your bids to at least $48 - thats what this program is all about.
Do fellow believers a favor- DROP YOUR BID!
drop your bids to at least $48
Would you stop with this stupidity and really learn how this works!!! All you're doing is contributing to someone lowering their bid to $48 and missing out all together when this closes in less than 3 days. If you don't want the product fine but stop misleading people with your ignorant ideas!!!
drop your bids to at least $48 Would you stop with this stupidity and really learn how this works!!! All you're doing is contributing to someone lowering their bid to $48 and missing out all together when this closes in less than 3 days. If you don't want the product fine but stop misleading people with your ignorant ideas!!!
Alex thats a little harsh. In an ideal world there are enough forum lurkers to lower the bids, pulling the product back from production. In practice I'm not sure there are enough to lower the price on this particular product. But one can hope . The way it works alex is as follows: If a product requires 100$ to enter production, 100 people can bid a dollar, 25 can bid 4 dollars, 4 can bid 25$ or one could bid 100$. Right now we have fewer bidders in for a higher amount (IE probably 25 people bidding 4$). Whyndell's theory is that if we can get a goodly percent (2-3% by dead reckoning) of those 25 people to lower their bid, production will be canceled giving us more time to get the product over the line at the lower rate. In a sense we would be gaming the system. In practice 2-3 pct is probably a hundred, or a thousand people depending on the cost of getting the title into production. Thus a lofty, but worthy goal. Plus anyone who pays a bit of attention can login on friday and raise their bid if need be. My bid is not 48$ but its lower than the current bid thats over the line. We shall see what happens.
Whyndell's theory is that if we can get a goodly percent (2-3% by dead reckoning) of those 25 people to lower their bid, production will be canceled giving us more time to get the product over the line at the lower rate. In a sense we would be gaming the system.
Hate to disappoint, but while it appears to have happened a few times a few years ago, recent practice has been to NOT change the closing date due to people pulling their bids, and to close at whatever was the peak before it dropped below 100%.
Bottom line is that it no longer works that way and lowering your bid (after it crosses the line and has a closing date set) no longer has any impact on the closing price.
The only way lowering your bid has any impact is BEFORE it crosses the line and gets a closing date. That strategy was tried for several months on this collection and failed because many people only bid when they know the date that it is going to close.
Its stupid to try and get people to save maoney? Lets see community pricing is based on bidding- so to encourage people to spend less, so we all pay less seems rather "smart" not stupid.
By the way if people do change their bids- the $48 line moves up, just like the $84 line- and yes it will take longer to go into production and so what if it does.
So we should all pay $98 hoping it will drive the price down?
Ok EVERYONE CHANGE YOUR BID TO $98, I'll bite.
Whyndell's theory is that if we can get a goodly percent (2-3% by dead reckoning) of those 25 people to lower their bid, production will be canceled giving us more time to get the product over the line at the lower rate. In a sense we would be gaming the system. Hate to disappoint, but while it appears to have happened a few times a few years ago, recent practice has been to NOT change the closing date due to people pulling their bids, and to close at whatever was the peak before it dropped below 100%. Bottom line is that it no longer works that way and lowering your bid (after it crosses the line and has a closing date set) no longer has any impact on the closing price. The only way lowering your bid has any impact is BEFORE it crosses the line and gets a closing date. That strategy was tried for several months on this collection and failed because many people only bid when they know the date that it is going to close.
1) By the way if people do change their bids- the $48 line moves up, just like the $84 line- 2) and yes it will take longer to go into production and so what if it does.
1) Incorrect: if you change your bid from $96 to $48 the $96 drops but the $48 stays at exactly the same place: - the system is that a bid at $96 is also a bid at every level below $96
2) It only takes longer to go into production if you drop your bid BEFORE it goes over 100% and gets a closing date - bids lower than the 100% mark AFTER it crosses the line are risking NOT getting the collection at the Community Closing price
Its stupid to try and get people to save money?
Of course not: but these days that strategy only works BEFORE it crosses the line and gets a closing date.By recent practice Logos do NOT change the closing date just because people drop their bids and it goes below 100%
If we can get some more people in this one it may get to $72.00 Bid If you have not guys only about two days left for it
By recent practice Logos do NOT change the closing date just because people drop their bids and it goes below 100%
David, I believe you are correct on this. Furthermore, if you are, then there is a marketing reason to not lower your bid. The problem with lowering the bids is one of perception. Imagine Joe Logos User seeing this thread and taking a peek at the community pricing page for the first time. If the curve drops below the line immediately above the strike price, then it gives one the impression that the community values the product to be precisely at the strike price; i.e. nothing to write home about. On the other hand, if the original strike price stays above the line while the strike price moves down, then the impreesion is that the community values the product far above the current price, which makes it look like a bargain.
Thus, I think lowering bids lowers the interest of other buyers and hampers a potential buying stampede. It also hides the fact that a stampede might be going on!
Today is the last full day left before this closes. We need a few more people to raise their bids before time runs out. Here is the link again to make it easy - https://www.logos.com/product/37794/classic-commentaries-and-studies-on-romans-upgrade
David, I believe you are correct on this. Furthermore, if you are, then there is a marketing reason to not lower your bid. The problem with lowering the bids is one of perception. Imagine Joe Logos User seeing this thread and taking a peek at the community pricing page for the first time. If the curve drops below the line immediately above the strike price, then it gives one the impression that the community values the product to be precisely at the strike price; i.e. nothing to write home about. On the other hand, if the original strike price stays above the line while the strike price moves down, then the impreesion is that the community values the product far above the current price, which makes it look like a bargain. Thus, I think lowering bids lowers the interest of other buyers and hampers a potential buying stampede. It also hides the fact that a stampede might be going on!
I agree with you on this David. There has been a lot of hesitation on this collection because of its apparent high price and uncertaintly on its value, even though the price per volume remains relatively low. Given it is now very late in the game with the community price closing in less than 24 hours, I would suggest that anyone who has not yet firmly decided on their bid to bid at $84 to reserve their option to get the collection at the community price. Every bid at $84 is also a bid at $72 and will help push the $72 mark over the line and if that does happen everyone who bids $84 or higher will get it for $12 less. A bid at $72 will risk missing out at the last minute (for example we had a short power failure yesterday which denied us use of the internet at a key period).
By securing your option with an $84 bid, you get the option to review the books once they are released and you still have the option to return the collection if what you see does not live up to your expectations. Only those with a successful bid get the option to test drive, kick the tires and determine if it is really worth keeping at the community price. Others who bid $72 can, if it closes at $84, still do this later at a higher price. Everyone will value the content differently, on this collection and any other collection.
The first commentary listed in this collection is currently sitting at $6 as part of The Works of Hugh Binning.
Today is your last opportunity to make a bid. Don't miss out.
It's time!
Can you give a couple examples? I'm always lurking or posting on the cp closing threads... I can't think of a single one where that happened. Doesn't mean it didn't, I just can't think of one
Difficult to give examples given the records tend to disappear at closing, however the following threads give a flavor for what has happened in past CPs: the Classic Commentaries on Revelation saga was quite significant: https://community.logos.com/forums/p/48421/359130.aspx#359130the Works of Aristotle thread shows a few recollections of previous occurences:https://community.logos.com/forums/t/67517.aspxthe thread on the Classic Commentaries on Mark upgrade also gives some insights:https://community.logos.com/forums/t/85911.aspx?PageIndex=1
The behaviour of the Colenso collection was probably the first to get pulled for a while after it dropped below 100%, but that only happened a couple of times about two years ago:https://community.logos.com/forums/t/59465.aspx?PageIndex=1
I'm unsure how useful this collection is. I have heard of John Brown but I am ignorant of most of the other authors. I wonder if adding this collection would add a bunch of resources that I wouldn't eve use or if these are hidden gems I simply am unfamiliar with.
I was in on the colenso collection, the others from the posts that remain don't seem to illustrate the described behavior. That is to say that they don't seem to have had people pulling bids to the point where it dropped from production, and then went back into production (like colenso). People who had bid at the peak price point, withdrawing, made it drop out of production. More people bid at 30$, and it went back into production; 6 hrs late. Thats all people were advocating for here I think. Or did I misunderstand something?
Well, time is up....It ended up very close to $72 but unfortunately it didn't. On the other hand it will cost you $150 to get it now.
