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Topic: How will PBS Market affect trading????

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Subject: How will PBS Market affect trading????
Date Posted: 2/3/2010 3:20 PM ET
Member Since: 8/10/2009
Posts: 9,927
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I was browsing through the Market Place and notice several books there that are posted on my shelf.  I am now wondering if people will be more inclined to buy new rather than trade.  I have been pondering this point for myself as well.  For 1 credit and a little money and a guarantee you'll receive a good condition book I believe I will tend to look at the Market Place.  How do others feel about this?  I fear this will slow down trading.  What do you think?  I already ordered ones offered that were not posted in the system and was quite excited at first.  But as I said I started pondering and now I not sure how I feel about it.

What is your opinion?

Date Posted: 2/3/2010 3:26 PM ET
Member Since: 6/29/2009
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I am too cheap. I won't ever buy a book there unless it costs just a credit, which is likely to never happen. Just my 2 cents.

Date Posted: 2/3/2010 3:30 PM ET
Member Since: 8/28/2008
Posts: 3,291
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I can see a few things happening with the marketplace.  I have two books on my WL that I could buy from the marketplace.  Since that option is available I could buy the books and remove the books from my WL thus creating a smaller line.  Others could buy the book remove themselves from the WL and I could move higher in line for the book.  Since you can use credits to help buy a book and I use that option I now have less credits to get a book.  That may change how people spend their credits which may do some interesting things non wish listed books.  I am not sure we can predict what will really happen yet.  I am curious if the marketplace is a way for PBS to reduce liability if people are sending credits to them to pay for books.  Also I wonder if this is a way for PBS to make some money so that they don't have to ask for membership fees.

Date Posted: 2/3/2010 3:33 PM ET
Member Since: 8/10/2009
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I also thought the same thing about the membership fee.  That is what made me order my two WL books.  Because I would rather pay a few dollars and receive something than just pay to use the site. 

Subject: Market effect
Date Posted: 2/3/2010 3:39 PM ET
Member Since: 4/28/2009
Posts: 9,576
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I already buy new discounted books that I want rather than wait for hundreds or thousands of books to move thru the system til I reach

the number one slot.  PBS Market may offer them to me cheaper than the discount table at Blockbuster, Barnes & Noble, Borders, and 

Walmart so PBS will benefit. I too would rather shop the market than pay a membership fee.

Date Posted: 2/3/2010 3:48 PM ET
Member Since: 3/8/2009
Posts: 6,035
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Also keep in mind that there are over 600,000 unique titles in the PBS system....and that's just the ones available, not the ones on WL's.  And there are only about 9000 titles available in the market.  So it's really a small percentage of the books that are traded. 

I'm thinking it might also have an impact on the credit-selling market in the Book Bazaar.  If I have a few extra credits available, I can get full credit for them by using them in the market, versus selling them for $2.50 or less in the BB.  That could make less credits available in the Bazaar and drive the price of them up.  Theoretically.  In practice, the people selling large quantities of cheap credits in the BB are much more interested in getting the cash than getting more books.

Date Posted: 2/3/2010 3:58 PM ET
Member Since: 8/15/2007
Posts: 3,044
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I already buy new discounted books that I want rather than wait for hundreds or thousands of books to move thru the system til I reach

the number one slot.  PBS Market may offer them to me cheaper than the discount table at Blockbuster, Barnes & Noble, Borders, and 

Walmart so PBS will benefit. I too would rather shop the market than pay a membership fee.

That's my thinking as well. If it's a WL book I really want and it's cheaper than buying it new or waiting over a year for it to either be released in paperback or make it's way to me in the system, then I might buy it in the Market. Otherwise I'll continue to order used books over using the Market.

I like the system as is and will only use the Market for those books I'm too impatient for, if at all. I use MyPoints.com and earn enough points to get around 2 Amazon or B&N gift cards a year which usually takes care of the must have WL books I can't wait for. So we'll see. I bet I end up using it at least once though! :)

Date Posted: 2/3/2010 4:21 PM ET
Member Since: 5/10/2005
Posts: 2,354
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I think if it pulls some credits out of the system and make them some money, it's a good thing.  Keep the value of a credit up.

I'd still rather use a credit to get a book than pay money.   If some of my WL books were available I'd seriously consider buying them, since my WL moves fairly slowly, but if the book was in PBS I'd get it.

I think it'll be a wash--some books might move a bit slower, but WL books will have more copies available as a few people buy them then repost.

Date Posted: 2/3/2010 4:32 PM ET
Member Since: 8/23/2007
Posts: 26,510
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I was worried about that too and then I thought about it some more.  I think that most people will only use it for WL books.  There may be some members who want brand new books for gifts and collections who might use it for posted books.  But I think in general if it's a book posted into the system people are more likely just to order the book from another member for just the cost of a credit.  The ones who would buy it new from PBS are more likely to want a gift or be picky about the condition.  I think most who just plan to read it and post it are going to order it from PBS because there are copies available. 

My main concern is that it'll really cut down on the WL lines making some of my TBR books no longer WL and less likely to get ordered quickly when I post them.  But on the other hand-since I don't plan on buying many (my TBR is already out of control)-it'll help me move up on some WL. 

I think they're main costumers are going to be regular forum users which is a small percentage of PBSers.  I think the bulk of the PBSers are probably not going to even bother to check it out. 

I haven't ordered anything. I noticed that a couple of my WL books are marked as being available in teh kiosk. But the only books I want enough to buy outright are out of print and not available in the marketplace. I have a huge TBR and don't mind waiting until my  turn comes up on the WL for the ones they have.  I would order some audio books from them but everything seems abridged and I only like unabridged.  There's no way to sort them.  But maybe I'll find something.

Date Posted: 2/3/2010 4:33 PM ET
Member Since: 8/10/2005
Posts: 4,599
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I think there are plenty of people who are going to just continue to use PBS "as is"--they don't use any of the optional for-fee services like DC or printed postage or BOB or journal, and will likely carry on happily as they always have. I don't think it will really impact my book acquisition habits much at all.

Like others, if there is a book I really, really want to read and it's not coming up on my WL, I have either gone and bought it (often at the discount booksellers) or just got it from the library. I will continue to do that. Neither of the books the Market currently has on my WL are ones I'm dying to get. I can be patient. At some point that might change and I wouldn't hesitate to use the PBS Market as another great source for cheap books.

I don't think it will have a negative affect on the WL--I mean, if people are buying their WL'd books instead of waiting for them, they'll take themselves out of the WL queue, plus it means they get the book and read it and possibly post it that much faster--in effect, reducing the wait by two places with one purchase. (If they are meaning to post the book when they're done, of course.)

Cheryl

Date Posted: 2/3/2010 4:51 PM ET
Member Since: 5/27/2009
Posts: 326
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Last Edited on: 7/23/10 7:55 AM ET - Total times edited: 1
Date Posted: 2/3/2010 5:30 PM ET
Member Since: 8/23/2007
Posts: 26,510
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I finally really checked my WL and noticed 4 that are in the market place.  3 are books that I don't expect to wait long for and don't urgently need. I might have ordered the 4th because it's been on my WL a long time and isn't a fast moving book.  But I'm finally #1 so there's seems to be no point not.  I'll probably get it from someone who bought it through the marketplace.  I would have ordered it if I was further back in the line.  But it seems stupid to pay more than a credit for it now when I'm #1 after 2 yrs. 

I'd like to find some Unabridged audiobooks and order them. But so far everthing that interests me is abridged.

Date Posted: 2/3/2010 5:37 PM ET
Member Since: 12/9/2007
Posts: 9,601
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This may be the perfect answer for the members who want those "like new" books that annoy the members who send out "used" books.  I'm hoping that it will help the WL move more quickly. 

Most of my WL books are ones that haven't been published yet or were published in small lots.  It goes weeks sometimes without any movement. 

I do hope it makes money for PBS because the healthier it is the better we are.

Ruth

Date Posted: 2/3/2010 5:43 PM ET
Member Since: 8/18/2005
Posts: 7,977
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This may be the perfect answer for the members who want those "like new" books that annoy the members who send out "used" books.  I'm hoping that it will help the WL move more quickly. 

I don't see that changing. They're still more expensive than spending a credit, although they might be less than getting them elsewhere. People who want 'like new' for credit will still want 'like new' for their 1 credit.

I browse quickly, but there wasn't much I was interested in. Most of my WL books haven't been published yet either. Those I usually get elsewhere as they come out, it's just easy to keep them on my WL to keep track of them.

The books I did see seemed to be mostly trade-sized, (which I don't like much) and ones I'd seen in sale bins. Didn't get them then, either.

I do think it might get the WL moving for those who are lucky enough to find WL books they want there, and then shorten some WL lines down as they get posted.

But there's still the fact they're more expensive than a credit. Especially if you get the credits cheap.

Date Posted: 2/3/2010 5:58 PM ET
Member Since: 8/9/2005
Posts: 20,024
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I was just talking about it with DH this morning. If it is posted here it makes no sense to pay the $3.45 for a credit + whatever else + shipping for it. If its posted I'll order it. If it isn't posted, like one of my WLed books, I'll buy it there thus sending someone up in the WL line. So I think it will stimulate trading more than hamper it.

Date Posted: 2/3/2010 5:59 PM ET
Member Since: 1/17/2010
Posts: 400
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For me, a newbie here, I see it as a positive.   I prefer my books that will be keepers to be new.  Plus, the books that are part of a series I won't wait past the release day to buy the book, most I will have on pre-order at Amazon.

The books I get here will, hopefully, let me know if I will like the series before I buy any books.  I can also take books that I bought, or my daughter bought that I don't care for ,and trade them for a book I want.  So, I will buy books from the market if I have the extra money and it is one I want.  I have to first check out the shipping and handling cost, I have the Prime with Amazon and can ship "free".  With what I buy there, beside books, it more than pays for itself.

Most of the ones that would go on my wishlist, ones that I already know I want, are in such high demand that I will probably have to order them online from somewhere else.  Several are out of print books that I had hoped to find here, but doubt that I will.   

So this could be a positive.  I may be able to get books at a price I want and be worth it to pay s/h costs, or it frees up ones that I want and are on someones wishlist and I have less ahead of me. 

Janette

Date Posted: 2/3/2010 6:13 PM ET
Member Since: 8/23/2007
Posts: 26,510
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I just ordered 4 audiobooks.  I don't see myself regularly ordering from PBS.  Unless I do a search for an audiobook and it's available through PBS and I can find others that I want.  I got 4 audiobooks for $25 plus 4 credits-so say $35 (since credits can be bought for $2.50 and postage is around that).  That's a great price for 3 new unabridged audio books on CD.  I can then trade them in the audio virtual box or post them and get 2 credits each.  None of them were available in PBS and I find the audio CDS get ordered pretty quickly even if they aren't WL. 

I don't see myself ordering many print books.  If they are selling mostly remainders-I don't see them having any newly released/highly WL books. But then I tend to not WL those anyway.  My library usually gets them or those are the books I buy, read and post before they go from WL to heavily posted.   

Date Posted: 2/3/2010 6:27 PM ET
Member Since: 4/16/2008
Posts: 770
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I look at it as a wish-list positive for me if I am toward the end of the line I can either buy it, or keep my fingers crossed that the lines will move faster.  I'm going to have to look at my wishlist now because I am curious!  I looked at my reminder list yesterday, and there weren't too many of those for sale.

Date Posted: 2/3/2010 6:36 PM ET
Member Since: 12/19/2007
Posts: 2,408
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I think it might actually speed up trading.  If I can buy a brand new WL book for a couple of bucks plus a credit, I can read it, put it back into the system and get my credit back.  Sure I'm out a couple of bucks but it's a lot less than buying a book at the local BN and I know that I'm getting and passing on a book that is in excellent condition.

Date Posted: 2/3/2010 6:39 PM ET
Member Since: 6/13/2007
Posts: 4,731
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I won't buy ..but then again I haven't bought a new book in a few years. 

I personally do not understand why they keep adding features etc.. yet I still can't sort my wish list.  Maybe they should fix what's broken before adding new stuff!!

Date Posted: 2/3/2010 7:40 PM ET
Member Since: 6/26/2006
Posts: 2,584
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I'm with LeeAnne, I think it may speed up trading. 

I bought two books from the PBS market this morning, both were left of center/sci-fi/fantasy fluff, and had been on my wishlist for over a year.

One of them, is going straight on to my keeper shelf, the other one was reccomended to me by a friend with the same tastes in books that I have.  If I don't care for it, then up on the swap it goes, and someone gets a nearly mint book.

Win-Win situation here.

Date Posted: 2/3/2010 7:46 PM ET
Member Since: 8/9/2005
Posts: 20,024
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What about your WL can't you sort Marie?

Date Posted: 2/3/2010 10:07 PM ET
Member Since: 6/13/2009
Posts: 433
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This is the 1st I heard about the marketplace - I'll need to check it out.

Date Posted: 2/4/2010 10:47 AM ET
Member Since: 5/10/2005
Posts: 2,354
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I can't figure out how to get to the marketplace, other than through the link announcing it on the main page.  Where's the "normal" entry?

Date Posted: 2/4/2010 10:57 AM ET
Member Since: 6/25/2007
Posts: 5,637
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I can't figure out how to get to the marketplace, other than through the link announcing it on the main page.  Where's the "normal" entry?

On the top main menu:  Kiosk > PBS Market

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