Classic Revelation shows green on Orders Page at $50

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Posts 2157
Joseph Turner | Forum Activity | Posted: Fri, Apr 6 2012 4:14 AM

The Classic Commentaries set shows on my orders page as green at $50, but it is still projected at $160 on the product page?!?  I am pretty sure that early yesterday it was still red on my orders page.

Disclaimer:  I hate using messaging, texting, and email for real communication.  If anything that I type to you seems like anything other than humble and respectful, then I have not done a good job typing my thoughts.

Posts 246
BriM | Forum Activity | Replied: Fri, Apr 6 2012 4:45 AM

Mine also shows green on the orders page.

Maybe it indicates that the prices are now at parity and that 3 or 4 new $50 bidders or one $160 switcher will tip the balance?

Posts 325
Michael | Forum Activity | Replied: Fri, Apr 6 2012 5:09 AM

Ditto, mine is also green on the orders page but the CP page still shows $160 as the needed bid to succeed.

Posts 15805
Forum MVP
Keep Smiling 4 Jesus :) | Forum Activity | Replied: Fri, Apr 6 2012 5:11 AM

Appears orders page needs some tender loving care.  For grins, reduced my bid to $ 40

then refreshed https://www.logos.com/user/orders that shows:

Note: reducing bid to $ 30 shows red on orders page while $ 40 and higher appear green.

Keep Smiling Smile

Posts 50
JAIN THOMAS | Forum Activity | Replied: Fri, Apr 6 2012 7:23 AM

It proves that if we unite, we can bring down the amount to $50 and send this collection to production, but I am wondering why Logos not updating it on the product page? If they make it green, more people definitely bid $50.

Posts 88
Johann | Forum Activity | Replied: Fri, Apr 6 2012 7:46 AM

Keep Smiling 4 Jesus :):
Appears orders page needs some tender loving care.  For grins, reduced my bid to $ 40

Maybe they are adding flexibility in their algorithm, like if the top bid is only <60% other bids that end up close to that are just as "likely to succeed". I think a lot of people would get on board if they thought $40 was likely to succeed -- even more so than the normal $50 suggestion.

Posts 645
Dean J | Forum Activity | Replied: Fri, Apr 6 2012 8:03 AM

Here is the link:

http://www.logos.com/product/8522/classic-commentaries-and-studies-on-revelation

$40 would be great, but it's proving difficult even to get it to $50 - hopefully if we can get it to $50, there will be enough new buyers to bring it down further later on. 

What we really need right now if for a couple of $160 bidders to lower their bids. Come on, try it, you know you really want this set! Lower your bids!

Posts 653
Alex Scott | Forum Activity | Replied: Fri, Apr 6 2012 9:43 AM

Anyone else got a problem with the Classic Colossians etc product?  I put in a bid of $20 yesterday which was at the 100% level and got a confirmatory e-mail stating that "Bidding will close on 4/13/2012 for Classic Commentaries and Studies on Colossians and Philemon (14 vols.)  The current community price for this product is $20.00.  Your bid for this product is $20.00.  Upon closing, your current bid will be successful and your Pre-Pub order for this product will be placed at the community price."  Today the price is $25 and "Your bid may fail" appears.

 

Longtime Logos user (more than $30,000 in purchases) - now a second class user because I won't pay them more every month or year.

Posts 186
Robert G. Mettler | Forum Activity | Replied: Fri, Apr 6 2012 10:35 AM

Dean053:
What we really need right now if for a couple of $160 bidders to lower their bids.

 

No No No!!!!!!!!!!!!!!! All $160 bids are also $50 bids. What is needed is many more NEW $50 bids to get this resource into production. The bids mean nothing unless  the production cost is covered. The only way this will happen at $50 is if 3.2  times as many people bid $50 as bid $160.

Posts 645
Dean J | Forum Activity | Replied: Fri, Apr 6 2012 10:46 AM

Robert G. Mettler:

Dean053:
What we really need right now if for a couple of $160 bidders to lower their bids.

 

No No No!!!!!!!!!!!!!!! All $160 bids are also $50 bids. What is needed is many more NEW $50 bids to get this resource into production. The bids mean nothing unless  the production cost is covered. The only way this will happen at $50 is if 3.2  times as many people bid $50 as bid $160.

You're not understanding. Most of us are agreed (and you can disagree if you want) that the current bid price of $160 is putting off potential bidders who would bid if the current price was set lower - say at $50.

The quickest way to get the $50 peak set as the current price would be for some $160 bidders to lower their bids, so that the high bid dips below the $50 bid, creating a new current bid price. 

This in turn, it is hoped, would attract more bidders and speed up the Revelation set into production.

Posts 186
Robert G. Mettler | Forum Activity | Replied: Fri, Apr 6 2012 11:20 AM

Dean053:
You're not understanding.

 

I understand perfectly. I will continue to bid what a resource is worth to me. There are some resources in CP now that will probably never see the light of day because the low-ball bidders do not understand that COST HAS TO BE COVERED. A resource that has not peaked will never go into production. Instead of trying to "game" the system, if people would bid what they would ultimately be willing to pay we would get more resources into production. A resource not completed  is a useless resource, no matter how cheap it is. There are resources in CP that have lanquished there for ages because there are, I suspect, those who would pay more, but hope that they can "steal" it; so they sit there unavailable, waiting for the unachievable.

Posts 645
Dean J | Forum Activity | Replied: Fri, Apr 6 2012 11:35 AM

Robert G. Mettler:

Dean053:
You're not understanding.

 

I understand perfectly. I will continue to bid what a resource is worth to me. There are some resources in CP now that will probably never see the light of day because the low-ball bidders do not understand that COST HAS TO BE COVERED. A resource that has not peaked will never go into production. Instead of trying to "game" the system, if people would bid what they would ultimately be willing to pay we would get more resources into production. A resource not completed  is a useless resource, no matter how cheap it is. There are resources in CP that have lanquished there for ages because there are, I suspect, those who would pay more, but hope that they can "steal" it; so they sit there unavailable, waiting for the unachievable.

The low ballers have a pretty good track record of getting things into production - do you know any high bids that have gone into production? Your argument is like saying 'communism would work fine if everyone just accepted the system'. CP is a communal system and cannot be shielded from the psychological affects of others' behavior. The high bids scare off the low bids, that simple. The quickest way to get it moving is for some high bidders to lower their bids and allow the lower bid to set the price. It isn't rocket science.   

Posts 653
Alex Scott | Forum Activity | Replied: Fri, Apr 6 2012 11:39 AM

Robert G. Mettler:
I understand perfectly. I will continue to bid what a resource is worth to me. There are some resources in CP now that will probably never see the light of day because the low-ball bidders do not understand that COST HAS TO BE COVERED. A resource that has not peaked will never go into production. Instead of trying to "game" the system, if people would bid what they would ultimately be willing to pay we would get more resources into production. A resource not completed  is a useless resource, no matter how cheap it is. There are resources in CP that have lanquished there for ages because there are, I suspect, those who would pay more, but hope that they can "steal" it; so they sit there unavailable, waiting for the unachievable.

Finally!! Someone with enough smarts to understand!  However, in this case, they may have a point.  There is a purpose in this strategy - whether it works or not remains to be seen, but this is NOT a case of trying to lower the price by bidding lower.  If a few people at $160 would lower their bid, even to $140, it would lower the peak from $160 to $50.  Of course, if most of the $50 people were willing to go to $80 or $90 we'd have it in production by now.

Longtime Logos user (more than $30,000 in purchases) - now a second class user because I won't pay them more every month or year.

Posts 15805
Forum MVP
Keep Smiling 4 Jesus :) | Forum Activity | Replied: Fri, Apr 6 2012 1:05 PM

Alex Scott:

Anyone else got a problem with the Classic Colossians etc product?  I put in a bid of $20 yesterday which was at the 100% level and got a confirmatory e-mail stating that "Bidding will close on 4/13/2012 for Classic Commentaries and Studies on Colossians and Philemon (14 vols.)  The current community price for this product is $20.00.  Your bid for this product is $20.00.  Upon closing, your current bid will be successful and your Pre-Pub order for this product will be placed at the community price."  Today the price is $25 and "Your bid may fail" appears.

 

Community pricing page had a problem, see thread => 140%?

Keep Smiling Smile

Posts 3731
BillS | Forum Activity | Replied: Fri, Apr 6 2012 5:02 PM

Joseph Turner:

The Classic Commentaries set shows on my orders page as green at $50, but it is still projected at $160 on the product page?!?  I am pretty sure that early yesterday it was still red on my orders page.

Same here on 4/6/12, even though it's red on the details page... Methinks Logos has a problem.

 

Grace & Peace,
Bill


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Posts 2964
tom | Forum Activity | Replied: Fri, Apr 6 2012 5:56 PM

Alex Scott:
Of course, if most of the $50 people were willing to go to $80 or $90 we'd have it in production by now.
Don't forget that there are some of us who raised our bids to $50 to help make this peek.  While I cannot speak for everyone who raised their bids to $50, I know that I will not pay $50 for this series.

Posts 7868
DAL | Forum Activity | Replied: Fri, Apr 6 2012 7:32 PM

Yes! Mine is green too and it changed from saying "your bid will fail" to "your bid will likely succeed" -- Great!

So, to all 160 bidders, come down to 50 and this set of puppies will go to production next week...lol

DAL


Posts 3731
BillS | Forum Activity | Replied: Fri, Apr 6 2012 10:15 PM

Yikes... my bid still shows red on LOGOS product page & green on MY orders page...

Logos? Problem.... 

Grace & Peace,
Bill


MSI GF63 8RD, I-7 8850H, 32GB RAM, 1TB SSD, 2TB HDD, NVIDIA GTX 1050Max
iPhone 12 Pro Max 512Gb
Fire 10HD 64GB 7th Gen

Posts 226
Michael A. Lasley | Forum Activity | Replied: Fri, Apr 13 2012 4:56 PM

Now it's really green in both places and going into production at $50.

Posts 3731
BillS | Forum Activity | Replied: Fri, Apr 13 2012 5:20 PM

MichaelAndrew:

Now it's really green in both places and going into production at $50.

Well, someone had to get it for less... may as well be us. Cake Gift Big Smile

Grace & Peace,
Bill


MSI GF63 8RD, I-7 8850H, 32GB RAM, 1TB SSD, 2TB HDD, NVIDIA GTX 1050Max
iPhone 12 Pro Max 512Gb
Fire 10HD 64GB 7th Gen

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