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Topic: should credits cost more now that postage has gone up?

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Subject: should credits cost more now that postage has gone up?
Date Posted: 1/26/2014 9:10 AM ET
Member Since: 6/30/2008
Posts: 2,758
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I have always thought of the price I got for credits when I sell them as a way to recoup some of the money I spent sending the book I got the credit for. Now that postage has gone up it seems like the cost of credits should go up at least a little bit.

what do you think?



Last Edited on: 2/3/14 8:01 AM ET - Total times edited: 2
Subject: POSTAGE
Date Posted: 1/26/2014 1:25 PM ET
Member Since: 9/2/2010
Posts: 101
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WHEN I FIRST BELONGED TO PBS CREDITS WERE SELLING FOR 4.50......SO WHY THEY WENT DOWN IS THE BIG QUESTION. SUPPLY AND DEMAND SEEMS TO BE THE ANSWER.  SOME MEMBERS ARE SOOO SLOW IN MAILING OR NOT EVEN ACCEPTING REQUEST ANYMORE....THEY NEED TO NOT BELONG SO THE REST OF US CAN KEEP THIS SITE OPEN AND WORKING.

Date Posted: 1/26/2014 1:39 PM ET
Member Since: 6/30/2008
Posts: 2,758
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slow mailing is one of my pet peaves too. not much to do about it though.

I just looked and pbs is selling credits for 3.95 for single 1 or 2. and 3.79 each for 3. I would never sell credits for 2.00. That seems way too low.

Date Posted: 1/27/2014 2:28 PM ET
Member Since: 8/16/2007
Posts: 15,187
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You would hope the price would go up Charles, but it doesn't seem to be the case does it.

I am not sure I have ever seen a credit on PBS cost 4.50 since the Kiosk has always been under $4, no one would bother to buy from anyone selling for more than the Kiosk price, but the DVD site might have been that price.

The price someone wants to ask is set by them in the end. If people want to ask $2, they can, if someone wants to ask $4 they can. Buyers can buy from whomever they chose. Because no one seller can offer more than 50 credits a month, every seller can influence to going rate a little (though its doubtful someone deciding to ask $4 while others are still asking $1.80 will sell many)..

Date Posted: 1/27/2014 3:50 PM ET
Member Since: 8/23/2007
Posts: 26,510
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I started here in 2007 and started selling credits almost immediately because I earned a couple of hundred credits right away thanks to a large stock pile of WL audiobooks. I never saw them sell for $4.50.  They sold in the Kiosk for $3.49 at the time and I would easily sell mine in the bazaar for $2.75 for a large chunk of them or $3-$3.25 for smaller amounts. I could get WL books from the thrift store for .25-$1.00 and would buy them just to post and then sell the credtis.  Didn't make any money doing this but enough to cover the postage and whatever little bit I spent on the book.  But I haven't bought WL books just to post in at least 3 years at this point because the credits have gotten too cheap to resell.  (I don't need to make a profit but I have to cover my costs if it's a book I haven't read).  I can't afford to leave money tied up in a large stockpile of credtis and it's a waste of my time and money to mail books I haven't read yet at a loss.  I don't have the time, energy or space to keep a massive bookshelf and put a lot of effort into bulk shipping to make my per credit cost much lower.  About the only time I am willing to put into shipping multiples is checking the WL of my buddies and whoever orders a book from me.

 

 

Date Posted: 2/3/2014 8:05 AM ET
Member Since: 6/30/2008
Posts: 2,758
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looking back on the good old days. I don't think I will be able to sell credits the way they are priced today.