understanding pricing...?

  • Physics avatar
    Physics 14 Dec 2012 22:59
    Also adding flaw to your theory is the search default value added during curation. If it is not the same curator, in the same mood, then it will not be valued the same search priority. All clips are not weighed equally, and weight is given during curation.

    dtiberio, I mean this with respect, but you and I have about the same amount of clips. I have made almost as much with the sale of one clip, as your yearly total profit. I am a very small fish here with a relatively low price inventory. It would take you ten years to pay off a t3i with kit lens using your current pricing strategy. If your intent is to someday make a profit, you are wrong.

    I started out with the same mindset as you, and over time began weighing the cost of fuel, time and equipment. I sold a clip a few times for 10 or 20 dollars and was excited. I have sense sold the exact same clip for 40 dollars regularly. There may be a market for 5 dollar clips, but there is also a market for 40 dollar, 100 dollar and even 500 dollar clips. In the end it is up to you, and what your goals are. You are never going to pay off your gear and time at your current plan.

    I wish you the best my friend, and I hope that if someone offers you $4,000 for a $10,000 car, you say no.
  • MichaelWard avatar
    MichaelWard 15 Dec 2012 00:40
    I didn't know there was a search default value added, can you guys elaborate on that? Thanks. I've been gradually raising the prices on most of my clips.
  • Physics avatar
    Physics 15 Dec 2012 01:01
    I have read in forums posted by P5 staff, that clips search value are influenced by factors including a judgement of some kind by curation. I don't have the link to the post though, it was in something to do with the stars rating systems and how much value that adds to the default search.
  • LUXORPYRAMID avatar
    LUXORPYRAMID 15 Dec 2012 02:57
    This thread should be moved.

    Friends do not waste your time talking to dtiberio. It's not worth your time. He reminds me of Mr. Fractals.

    By the way, uploading the same clip multiple times may cause a member to be expelled from P5. I know it is prohibited in SS.
  • Changed 15 Dec 2012 03:04 by LUXORPYRAMID ""
  • RekindlePhoto avatar
    RekindlePhoto 15 Dec 2012 04:45
    I added to several old threads trying to bury this one earlier. Yup, don't respond to this nonsense. It's argumentative with no basis.