Discussion Forum: Thread 128658

 Author: mnementh View Messages Posted By mnementh
 Posted: Mar 4, 2012 12:49
 Subject: Remove 3 digit pricing for prices over $0.10
 Viewed: 226 times
 Topic: Suggestions
 Status:Open
 Vote:[Yes|No]
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mnementh (23203)

Location:  USA, Ohio
Member Since Contact Type Status Collage
Jun 19, 2000 Contact Member Seller
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Store: Sir Troy's Toy Kingdom
Please remove the ability to set prices with 3 digits after the decimal point
for items priced over 10 cents.

3 digit pricing was implemented to allow for price differentiation of ultra-cheap
parts, some of which actually sell for half of a cent.

Above the 10 cent point 3 digit pricing becomes less meaningful, devolving in
to sellers splitting hairs to move their listings up in the sort order. There
is no effective difference between $29.989 and $29.99 and they really should
sort together.

Troy
 Author: kzinti View Messages Posted By kzinti
 Posted: Mar 4, 2012 12:56
 Subject: Re: Remove 3 digit pricing for prices over $0.10
 Viewed: 59 times
 Topic: Suggestions
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kzinti (4922)

Location:  USA, Missouri
Member Since Contact Type Status
Jun 20, 2001 Contact Member Seller
Buying Privileges - OKSelling Privileges - OK
Store: The Brick Bin
In Suggestions, mnementh writes:
  Please remove the ability to set prices with 3 digits after the decimal point
for items priced over 10 cents.

3 digit pricing was implemented to allow for price differentiation of ultra-cheap
parts, some of which actually sell for half of a cent.

Above the 10 cent point 3 digit pricing becomes less meaningful, devolving in
to sellers splitting hairs to move their listings up in the sort order. There
is no effective difference between $29.989 and $29.99 and they really should
sort together.

Troy

Mixed feelings on this.
 Author: Cyberclark View Messages Posted By Cyberclark
 Posted: Mar 4, 2012 15:17
 Subject: Re: Remove 3 digit pricing for prices over $0.10
 Viewed: 55 times
 Topic: Suggestions
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Cyberclark (838)

Location:  USA, Florida
Member Since Contact Type Status
Jan 23, 2011 Contact Member Seller
Buying Privileges - OKSelling Privileges - OK
Store Closed Store: Brick Outfitters
In Suggestions, mnementh writes:
  Please remove the ability to set prices with 3 digits after the decimal point
for items priced over 10 cents.

3 digit pricing was implemented to allow for price differentiation of ultra-cheap
parts, some of which actually sell for half of a cent.

Above the 10 cent point 3 digit pricing becomes less meaningful, devolving in
to sellers splitting hairs to move their listings up in the sort order. There
is no effective difference between $29.989 and $29.99 and they really should
sort together.

Troy

My only concern with doing this is would it break Brickstore? When updating
parts using brickstore often I just select a whole range of parts and select
the option to set the price to 6 mo sales average which it puts in for you with
a 3 digit number after the decimal.

So I would be for it as long as mass uploads that are submitted with 3 digits
after the decimal are just simply rounded up to 2 digits or something.
 Author: therobo View Messages Posted By therobo
 Posted: Mar 4, 2012 16:42
 Subject: Re: Remove 3 digit pricing for prices over $0.10
 Viewed: 65 times
 Topic: Suggestions
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therobo (9679)

Location:  Germany, Berlin
Member Since Contact Type Status
Oct 20, 2001 Contact Member Seller
Buying Privileges - OKSelling Privileges - OK
Store Closed Store: Area of Bricks 'n Studs
In Suggestions, mnementh writes:
  Please remove the ability to set prices with 3 digits after the decimal point
for items priced over 10 cents.

3 digit pricing was implemented to allow for price differentiation of ultra-cheap
parts, some of which actually sell for half of a cent.

Above the 10 cent point 3 digit pricing becomes less meaningful, devolving in
to sellers splitting hairs to move their listings up in the sort order. There
is no effective difference between $29.989 and $29.99 and they really should
sort together.

Troy

Hi Troy,
I voted no.
The difference between 0.10 and 0.105 is 5% which is for sure not splitting hairs.
Have you also thought on different currencies?
A British Pound is 58% more than a US Dollar, so for Brits it might be more important
to set 3 decimals on items valued near the decimal cut.
Even a different suggestion to cut the 3rd decimal on prices over 1.00 wouldn't
work as in low value currencies - such as Japanese Yen - 1.01 is almost the same
as 1.00 (about USD 0.012). You would penalize sellers selling in high value currencies.
You would need to set different decimal cuts for different currencies which is
over-complicated IMO.
Ronald
 Author: greenman View Messages Posted By greenman
 Posted: Mar 4, 2012 17:35
 Subject: Re: Remove 3 digit pricing for prices over $0.10
 Viewed: 59 times
 Topic: Suggestions
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greenman (21939)

Location:  Netherlands, Gelderland
Member Since Contact Type Status Collage
Aug 24, 2000 Contact Member Seller
Buying Privileges - OKSelling Privileges - OK
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Store: SystemBricks
I already do that, for all my prices. It does not help you.

Practical problem:
I have a VAT enabled shop.
If anybody ´non EU´ enters my shop, he/she looks at prices without VAT. Dutch
VAT is 19%, and a 2 digit price minus VAT is often a 3 or more digit price.

My 2 cents
(minus VAT) = my 1.6806722 cents

Klaas
 Author: crazylegoman View Messages Posted By crazylegoman
 Posted: Mar 4, 2012 21:33
 Subject: Re: Remove 3 digit pricing for prices over $0.10
 Viewed: 69 times
 Topic: Suggestions
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crazylegoman (1088)

Location:  USA, Indiana
Member Since Contact Type Status Collage
Apr 1, 2001 Contact Member Seller
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Store: Hoosier Daddy
I would say yes, but at 20¢ or 25¢ instead of 10¢. Also, would this minimum
amount have to be decided differently for each currency? (10¢ in USD might convert
to a really odd threshold amount in other currencies if it were a flat amount
across the board.)

David
 Author: mnementh View Messages Posted By mnementh
 Posted: Mar 4, 2012 23:17
 Subject: Re: Remove 3 digit pricing for prices over $0.10
 Viewed: 76 times
 Topic: Suggestions
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mnementh (23203)

Location:  USA, Ohio
Member Since Contact Type Status Collage
Jun 19, 2000 Contact Member Seller
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Store: Sir Troy's Toy Kingdom
In Suggestions, crazylegoman writes:
  I would say yes, but at 20¢ or 25¢ instead of 10¢. Also, would this minimum
amount have to be decided differently for each currency? (10¢ in USD might convert
to a really odd threshold amount in other currencies if it were a flat amount
across the board.)

David

I am not inflexible on the limit but think it should be kept under $1.00 and/or
the equivalent in other currencies.

Troy
 Author: relhak View Messages Posted By relhak
 Posted: Mar 5, 2012 11:01
 Subject: Re: Remove 3 digit pricing for prices over $0.10
 Viewed: 55 times
 Topic: Suggestions
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relhak (9248)

Location:  USA, Minnesota
Member Since Contact Type Status
Dec 11, 2007 Contact Member Seller
Buying Privileges - OKSelling Privileges - OK
Store: The Brick Orphanage
I would agree with at least a 25c cutoff. I wanna be able to incrementally cut
my prices by a few percent, and not have them get rounded back up to the original
price each time. Or have a 5% cut rounded up to 10%.

Troy's example is really bad. He's suggesting that it's ok to have 4 significant
digits on prices near $30, while also suggesting that 10-99c items should only
have 2 significant digits. Maybe we should just stick with 3 digits so that
a seller would have to choose between $30.0 and $29.9 , or $3.00 and $2.99, or
30.0c and 29.9c . A standard policy like this would work equally for any currency.


In Suggestions, crazylegoman writes:
  I would say yes, but at 20¢ or 25¢ instead of 10¢. Also, would this minimum
amount have to be decided differently for each currency? (10¢ in USD might convert
to a really odd threshold amount in other currencies if it were a flat amount
across the board.)

David