Dynamic pricing on Base Packages changing for no reason
Why does the dynamic pricing on Base Packages randomly change when I haven't returned anything or bought any new resources? The price of all of the base packages for me just increased by $2-$3 for no reason at all. Nothing as changed about my library. This is frustrating because it seems like my current library is being devalued. Does anyone have an explanation as to why this would happen?
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Prices won't randomly change, or change for no reason at all. I imagine that FL corrected an issue that they discovered. Perhaps something had to be added to or removed from the packages, perhaps a pricing error had to be corrected. Changes like that happen from time to time.
Dynamic pricing does and will change, because of sales, just as the value of what we own can fluctuate. If you can wait it out, base package prices will decrease in general when they go on sale down the road, and that $2-$3 price difference will pale next to the sale discount.
Just yesterday, I happened to notice that the regular price of a book had changed by $10. Was it wrong all that time? Did the publisher change its price? Someone at FL could probably tell me why, but I figure there's a valid reason that isn't worth knowing.
Thanks to FL for including Carta and a Hebrew audio bible in Logos 9!
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(Retail Price of Unowned Resources / Total Retail Price of Package Resources) * Base Package Price = Dynamic Price
So as the prices of the items you own (or don't) change, your dynamic price will rise or fall, usually by a fairly small amount.
Using Logos as a pastor, seminary professor, and Tyndale author
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The introductory discount is gone. That may have something to do with it.
DAL
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Justin Gatlin said:
(Retail Price of Unowned Resources / Total Retail Price of Package Resources) * Base Package Price = Dynamic Price
So as the prices of the items you own (or don't) change, your dynamic price will rise or fall, usually by a fairly small amount.
Thanks Justin! This is helpful. I just wanted to make sure it wasn't a mistake.
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Hey Kiyah! Thanks for your post, and I'm glad to see it was resolved. I wanted to add that if you ever find yourself confused or questioning a price you see on our storefront, our staff at 1-800-875-6467, or at customerservice@faithlife.com are always available to answer your questions or concerns.
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To be fair the prices do fluxuate up or down by a few dollars here and there.
I had made a spreadsheet at one point that estimated when I would be able to afford a certain bundle or base package (eg when adding it to my payment plan would not cause the payment plan to go up, something whose purpose was defeated by the new payment plan rules, making it a defunct project). Any way, I made the spreadsheet. A month or two later checked it again, and the prices had fluxuated. A few months passed, I checked it again, and same thing. This package went up by a dollar or two, that one down by a dollar or two... Finally figured out that the changes made sense because my library is a moving target, and sales come and go regularly. In other words I bought book A, and it was included in pacakge A, and so now that I had it, its dynamic price was discounted from the package(s) that included the title.
LIkewise for prices going up. Book B may have been on sale (2$ off) in january, but back to normal price in februrary, and Book C goes on sale in March (1$). Thus pricing is to a point, a moving target.L2 lvl4 (...) WORDsearch, all the way through L10,
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I do not think dynamic pricing is based on temporary sale prices.
Using Logos as a pastor, seminary professor, and Tyndale author
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Justin Gatlin said:
I do not think dynamic pricing is based on temporary sale prices.
Not since that major change to the calculation logic that was made some time ago. Currently it is only based on "regular" prices (which fluctuate to some minor extent, too) which may lead to the fact that buying items individually may be cheaper than dynamic pricing of the bundle, when a portion of the books one receives are on sale. This probably won't play out in base packages - and it's clearly shown on the webpage.
Have joy in the Lord!
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