Discussion Forum: Thread 254847

 Author: Golbsco View Messages Posted By Golbsco
 Posted: Jul 16, 2019 15:48
 Subject: Brickstock doesn't convert prices right
 Viewed: 80 times
 Topic: Help
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Golbsco (170)

Location:  United Kingdom, England
Member Since Contact Type Status
Sep 26, 2012 Contact Member Seller
Buying Privileges - OKSelling Privileges - OK
Store: Golbsco
I'm trying to set my entire store to the 6 month sales average but Brickstock
will use the dollar value when entering pounds.
I have input the current exchange rate from USD to GBP which is £0.79 to $1.00,
and while brickstock will calculate and display this correctly, it doesn't
actually use it at all when exporting.

Here's an example of what is happening:
Item X is $0.051 6 month average, using the exchange rate and the current database
figures BS will convert this to £0.040 and display this as the current 6 month
average. All is fine you may think. Wrong.
Once exported and updated in Bricklink what Brickstock will do is enter the 0.051
DOLLAR value in POUNDS, and has now set the price for my item to £0.051...

What on earth is causing this?
Has anyone else experienced this and found a way to fix it?

Would it be possible for me to set my store to dollars, do the update, then switch
it back to pounds and let bricklink accurately convert it?
 Author: Teup View Messages Posted By Teup
 Posted: Jul 16, 2019 16:12
 Subject: Re: Brickstock doesn't convert prices right
 Viewed: 19 times
 Topic: Help
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Teup (4151)

Location:  Netherlands, Utrecht
Member Since Contact Type Status
May 6, 2004 Contact Member Seller
Buying Privileges - OKSelling Privileges - OK
Store: The T-workshop
In Help, Golbsco writes:
  I'm trying to set my entire store to the 6 month sales average but Brickstock
will use the dollar value when entering pounds.
I have input the current exchange rate from USD to GBP which is £0.79 to $1.00,
and while brickstock will calculate and display this correctly, it doesn't
actually use it at all when exporting.

Here's an example of what is happening:
Item X is $0.051 6 month average, using the exchange rate and the current database
figures BS will convert this to £0.040 and display this as the current 6 month
average. All is fine you may think. Wrong.
Once exported and updated in Bricklink what Brickstock will do is enter the 0.051
DOLLAR value in POUNDS, and has now set the price for my item to £0.051...

What on earth is causing this?
Has anyone else experienced this and found a way to fix it?

Would it be possible for me to set my store to dollars, do the update, then switch
it back to pounds and let bricklink accurately convert it?

It's a known problem. Brickstock was made with American users in mind. It
downloads the priceguide in Dollar, excluding VAT. And it has no way of changing
this setting. Both of these facts ruin the accuracy of the price (for the Last
6 months sales, prices get converted to dollar using historical exchange rates
of the day of purchase, then converted back with a quick-and-dirty conversion
factor in Brickstock). I have tried to reach the author about this but sadly
I had no response.

There is no way of calculating the prices back to accurate values. It's better
to avoid doing pricing operations using Brickstock.
 Author: Pippyblocks View Messages Posted By Pippyblocks
 Posted: Jul 16, 2019 16:26
 Subject: Re: Brickstock doesn't convert prices right
 Viewed: 34 times
 Topic: Help
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Pippyblocks (1355)

Location:  United Kingdom, England
Member Since Contact Type Status
May 20, 2017 Contact Member Seller
Buying Privileges - OKSelling Privileges - OK
Store: Pippys Blocks
I've done this ages ago and from memory, you don't touch the exchange
rate, leave the prices as they are. Do your adjustments and once done you then
have to reduce the prices by a percentage until you get the right price. Someone
will come along who knows how to do this but it is doable, you just need to leave
the conversion thing alone.

In Help, Golbsco writes:
  I'm trying to set my entire store to the 6 month sales average but Brickstock
will use the dollar value when entering pounds.
I have input the current exchange rate from USD to GBP which is £0.79 to $1.00,
and while brickstock will calculate and display this correctly, it doesn't
actually use it at all when exporting.

Here's an example of what is happening:
Item X is $0.051 6 month average, using the exchange rate and the current database
figures BS will convert this to £0.040 and display this as the current 6 month
average. All is fine you may think. Wrong.
Once exported and updated in Bricklink what Brickstock will do is enter the 0.051
DOLLAR value in POUNDS, and has now set the price for my item to £0.051...

What on earth is causing this?
Has anyone else experienced this and found a way to fix it?

Would it be possible for me to set my store to dollars, do the update, then switch
it back to pounds and let bricklink accurately convert it?
 Author: TheBrickGuys View Messages Posted By TheBrickGuys
 Posted: Jul 16, 2019 20:53
 Subject: Re: Brickstock doesn't convert prices right
 Viewed: 29 times
 Topic: Help
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TheBrickGuys (8864)

Location:  USA, California
Member Since Contact Type Status
Dec 18, 2010 Contact Member Seller
Buying Privileges - OKSelling Privileges - OK
Store: TheBrickGuys
Going along with what Pippyblocks said, all you have to do is leave the items
at the US 6 month sales average then select all the items you are working with
and go to Edit menu and select Price, from there select Inc- or Decrease and
then put in the % you need to and walla, you have what you need.

Jim
 Author: calsbricks View Messages Posted By calsbricks
 Posted: Jul 17, 2019 05:49
 Subject: Re: Brickstock doesn't convert prices right
 Viewed: 25 times
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calsbricks (5734)

Location:  United Kingdom, England
Member Since Contact Type Status
Aug 12, 2008 Contact Member Seller
Buying Privileges - OKSelling Privileges - OK
Store: CalsBricks
In Help, TheBrickGuys writes:
  Going along with what Pippyblocks said, all you have to do is leave the items
at the US 6 month sales average then select all the items you are working with
and go to Edit menu and select Price, from there select Inc- or Decrease and
then put in the % you need to and walla, you have what you need.

Jim

A good place to get your percentage to decrease the prices by is xe.xom here

https://www.xe.com/currencyconverter/convert/?Amount=1&From=USD&To=GBP

Remember you must use the reciprocal of the conversion, so in this case the reciprocal
was 19.34%. Apply that to all selected items in your list and round to 2 decimal
places and you will be almost spot on. There will be variances, however as it
is not known how often Bricklink updates its conversion rates and if you are
using the last 6 months sales it isn't known at what rate those figures were
converted. It isn't an exact science by any means but it is close enough.
ALSO remember to choose extras - configure - put a tick in the Use Local currency
and make the equivalent 1$ = £1 and leave it like that.

Hope that helps. If not - pm us and we will try and assist further.
 Author: Teup View Messages Posted By Teup
 Posted: Jul 17, 2019 06:56
 Subject: Re: Brickstock doesn't convert prices right
 Viewed: 25 times
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Teup (4151)

Location:  Netherlands, Utrecht
Member Since Contact Type Status
May 6, 2004 Contact Member Seller
Buying Privileges - OKSelling Privileges - OK
Store: The T-workshop
In Help, TheBrickGuys writes:
  Going along with what Pippyblocks said, all you have to do is leave the items
at the US 6 month sales average then select all the items you are working with
and go to Edit menu and select Price, from there select Inc- or Decrease and
then put in the % you need to and walla, you have what you need.

Jim

That's not right. It works for you because you're in America. But for
European sellers, the numbers that Brickstock provide are off, and there is no
way to convert them back to the values that we see here on Bricklink. This is
because
1. For Last 6 Months sales: You're converting a currency twice. All purchases
are recorded with their dollar value of the day of purchase, then today as you're
using Brickstock you convert it back to your own currency.
2. Brickstock's prices exclude VAT. VAT is usually around 20% but since there
is no telling how many of the listings include VAT and how many do not, it is
impossible to know how much lower the prices really are.

The result: Brickstock generates prices that are inaccurate and usually lower
than what you see on Bricklink and there is no way to convert them back.

This is why I recomment NOT to use Brickstock for pricing, or when you do, at
least be aware that the prices you see are INACCURATE and usually LOWER than
the prices on Bricklink. Also be aware that if you do this often, you're
accellerating the race to the bottom. You can even be your own competition: You
price an item, Brickstock deduces VAT and tells you the average lower than what
you have listed it for (because it ignores VAT), then you list it at that price,
then again Brickstock deduces VAT, tells you it's cheaper, etcetera.

I think it's a serious problem that everyone who uses Brickstock in Europe
should be aware of. All of this has been tested in several ways by several users
and it's 100% verified information.
 Author: calsbricks View Messages Posted By calsbricks
 Posted: Jul 17, 2019 07:14
 Subject: Re: Brickstock doesn't convert prices right
 Viewed: 18 times
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calsbricks (5734)

Location:  United Kingdom, England
Member Since Contact Type Status
Aug 12, 2008 Contact Member Seller
Buying Privileges - OKSelling Privileges - OK
Store: CalsBricks
In Help, Teup writes:
  In Help, TheBrickGuys writes:
  Going along with what Pippyblocks said, all you have to do is leave the items
at the US 6 month sales average then select all the items you are working with
and go to Edit menu and select Price, from there select Inc- or Decrease and
then put in the % you need to and walla, you have what you need.

Jim

That's not right. It works for you because you're in America. But for
European sellers, the numbers that Brickstock provide are off, and there is no
way to convert them back to the values that we see here on Bricklink. This is
because
1. For Last 6 Months sales: You're converting a currency twice. All purchases
are recorded with their dollar value of the day of purchase, then today as you're
using Brickstock you convert it back to your own currency.
2. Brickstock's prices exclude VAT. VAT is usually around 20% but since there
is no telling how many of the listings include VAT and how many do not, it is
impossible to know how much lower the prices really are.

The result: Brickstock generates prices that are inaccurate and usually lower
than what you see on Bricklink and there is no way to convert them back.

This is why I recomment NOT to use Brickstock for pricing, or when you do, at
least be aware that the prices you see are INACCURATE and usually LOWER than
the prices on Bricklink. Also be aware that if you do this often, you're
accellerating the race to the bottom. You can even be your own competition: You
price an item, Brickstock deduces VAT and tells you the average lower than what
you have listed it for (because it ignores VAT), then you list it at that price,
then again Brickstock deduces VAT, tells you it's cheaper, etcetera.

I think it's a serious problem that everyone who uses Brickstock in Europe
should be aware of. All of this has been tested in several ways by several users
and it's 100% verified information.

Hi Teup

We don't disagree with you on what you have said but this store (OP) is a
UK store and it works fine for UK stores. There are only a handful of stores
who have to deal with VAT as a separate item in the UK - I appreciate it is different
for the rest of Europe.

According to Bricklink if you do not mark the box for VAT in your store you do
not see VAT inclusive prices, however it is also fair to say that anyone buying
lego in the UK pays VAT on their purchase and therefore it is actually included
in their costings (But not isolated).

We have been using the technique we described in an earlier response for 8+ years
and never really varied that much from what we see as average prices. The (OP)
was making a mistake inn his approach and we hve advised him oif that and offered
further help if he needs it.

Just for the record this is how it works in the UK for a non-registered for VAT
store;

We will take a very simple example a Black 2 x 4 Brick. You buy 100 of them in
the lego store in a cup and you pay £11.25 (reusing cup). That is 11.24p each
for those bricks, including vat. No business in their right mind is going to
sell those at a loss so the 11.24 is their cost. They add their margin to that,
whatever that is, and that is the stores price. (It includes VAT) but doesn't
from a VAT registration point of view and that is where we differ from the rest
of Europe. The way we deal with pricing is unique to our store and we use our
own internal price guide but what we advised is correct and works and brings
the op back to the price guide prices we see when we view them as (Non registered
for VAT stores).

Hope I have explained that
 Author: Teup View Messages Posted By Teup
 Posted: Jul 17, 2019 08:27
 Subject: Re: Brickstock doesn't convert prices right
 Viewed: 19 times
 Topic: Help
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Teup (4151)

Location:  Netherlands, Utrecht
Member Since Contact Type Status
May 6, 2004 Contact Member Seller
Buying Privileges - OKSelling Privileges - OK
Store: The T-workshop
In Help, calsbricks writes:
  In Help, Teup writes:
  In Help, TheBrickGuys writes:
  Going along with what Pippyblocks said, all you have to do is leave the items
at the US 6 month sales average then select all the items you are working with
and go to Edit menu and select Price, from there select Inc- or Decrease and
then put in the % you need to and walla, you have what you need.

Jim

That's not right. It works for you because you're in America. But for
European sellers, the numbers that Brickstock provide are off, and there is no
way to convert them back to the values that we see here on Bricklink. This is
because
1. For Last 6 Months sales: You're converting a currency twice. All purchases
are recorded with their dollar value of the day of purchase, then today as you're
using Brickstock you convert it back to your own currency.
2. Brickstock's prices exclude VAT. VAT is usually around 20% but since there
is no telling how many of the listings include VAT and how many do not, it is
impossible to know how much lower the prices really are.

The result: Brickstock generates prices that are inaccurate and usually lower
than what you see on Bricklink and there is no way to convert them back.

This is why I recomment NOT to use Brickstock for pricing, or when you do, at
least be aware that the prices you see are INACCURATE and usually LOWER than
the prices on Bricklink. Also be aware that if you do this often, you're
accellerating the race to the bottom. You can even be your own competition: You
price an item, Brickstock deduces VAT and tells you the average lower than what
you have listed it for (because it ignores VAT), then you list it at that price,
then again Brickstock deduces VAT, tells you it's cheaper, etcetera.

I think it's a serious problem that everyone who uses Brickstock in Europe
should be aware of. All of this has been tested in several ways by several users
and it's 100% verified information.

Hi Teup

We don't disagree with you on what you have said but this store (OP) is a
UK store and it works fine for UK stores. There are only a handful of stores
who have to deal with VAT as a separate item in the UK - I appreciate it is different
for the rest of Europe.

According to Bricklink if you do not mark the box for VAT in your store you do
not see VAT inclusive prices, however it is also fair to say that anyone buying
lego in the UK pays VAT on their purchase and therefore it is actually included
in their costings (But not isolated).

We have been using the technique we described in an earlier response for 8+ years
and never really varied that much from what we see as average prices. The (OP)
was making a mistake inn his approach and we hve advised him oif that and offered
further help if he needs it.

Just for the record this is how it works in the UK for a non-registered for VAT
store;

We will take a very simple example a Black 2 x 4 Brick. You buy 100 of them in
the lego store in a cup and you pay £11.25 (reusing cup). That is 11.24p each
for those bricks, including vat. No business in their right mind is going to
sell those at a loss so the 11.24 is their cost. They add their margin to that,
whatever that is, and that is the stores price. (It includes VAT) but doesn't
from a VAT registration point of view and that is where we differ from the rest
of Europe. The way we deal with pricing is unique to our store and we use our
own internal price guide but what we advised is correct and works and brings
the op back to the price guide prices we see when we view them as (Non registered
for VAT stores).

Hope I have explained that

The price excluding VAT may be useful to you, I believe you've argued that
before. But it doesn't change the fact that Brickstock is giving you different
values than Bricklink does.
Bricklink tells you what the part costs for a buyer. Brickstock tells you how
much money sellers make a part. For you the latter apparently is most useful,
so you're lucky, in that case Brickstock is useful. But I think many sellers
want to know how from a buyer's viewpoint their price is going to compare
to that of the competition.

Whatever it is you want to know, though, everyone must be aware Brickstock "average"
prices are lower than the Bricklink ones.

For anyone who wants to see this for themselves, take for example this part:

 
Part No: 3626cpb1665  Name: Minifigure, Head Dark Tan Eyebrows, White Pupils, Cheek Lines, Smile Pattern (Manuel Neuer) - Hollow Stud
* 
3626cpb1665 Minifigure, Head Dark Tan Eyebrows, White Pupils, Cheek Lines, Smile Pattern (Manuel Neuer) - Hollow Stud
Parts: Minifigure, Head

Here's your Bricklink priceguide detail, in USD:

https://www.bricklink.com/priceGuideSummary.asp?vcID=1&vatInc=Y&a=p&colorID=90&itemID=3626cpb1665

So now you know the average price. Now, look up the part in Brickstock. What
does Brickstock tell you is "average"?

Probably, what Brickstock says will be alot more similar to:

https://www.bricklink.com/priceGuideSummary.asp?vcID=1&vatInc=N&a=p&colorID=90&itemID=3626cpb1665

Which is the average price but without VAT. It is NOT the average of the listed
items on Bricklink. It is the average amount of money that sellers earn after
taxes. Setting your listing price according to this average instead of the Bricklink
average, means that you've just UNDERpriced your item.
 Author: calsbricks View Messages Posted By calsbricks
 Posted: Jul 17, 2019 08:41
 Subject: Re: Brickstock doesn't convert prices right
 Viewed: 16 times
 Topic: Help
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calsbricks (5734)

Location:  United Kingdom, England
Member Since Contact Type Status
Aug 12, 2008 Contact Member Seller
Buying Privileges - OKSelling Privileges - OK
Store: CalsBricks
In Help, Teup writes:
  In Help, calsbricks writes:
  In Help, Teup writes:
  In Help, TheBrickGuys writes:
  Going along with what Pippyblocks said, all you have to do is leave the items
at the US 6 month sales average then select all the items you are working with
and go to Edit menu and select Price, from there select Inc- or Decrease and
then put in the % you need to and walla, you have what you need.

Jim

That's not right. It works for you because you're in America. But for
European sellers, the numbers that Brickstock provide are off, and there is no
way to convert them back to the values that we see here on Bricklink. This is
because
1. For Last 6 Months sales: You're converting a currency twice. All purchases
are recorded with their dollar value of the day of purchase, then today as you're
using Brickstock you convert it back to your own currency.
2. Brickstock's prices exclude VAT. VAT is usually around 20% but since there
is no telling how many of the listings include VAT and how many do not, it is
impossible to know how much lower the prices really are.

The result: Brickstock generates prices that are inaccurate and usually lower
than what you see on Bricklink and there is no way to convert them back.

This is why I recomment NOT to use Brickstock for pricing, or when you do, at
least be aware that the prices you see are INACCURATE and usually LOWER than
the prices on Bricklink. Also be aware that if you do this often, you're
accellerating the race to the bottom. You can even be your own competition: You
price an item, Brickstock deduces VAT and tells you the average lower than what
you have listed it for (because it ignores VAT), then you list it at that price,
then again Brickstock deduces VAT, tells you it's cheaper, etcetera.

I think it's a serious problem that everyone who uses Brickstock in Europe
should be aware of. All of this has been tested in several ways by several users
and it's 100% verified information.

Hi Teup

We don't disagree with you on what you have said but this store (OP) is a
UK store and it works fine for UK stores. There are only a handful of stores
who have to deal with VAT as a separate item in the UK - I appreciate it is different
for the rest of Europe.

According to Bricklink if you do not mark the box for VAT in your store you do
not see VAT inclusive prices, however it is also fair to say that anyone buying
lego in the UK pays VAT on their purchase and therefore it is actually included
in their costings (But not isolated).

We have been using the technique we described in an earlier response for 8+ years
and never really varied that much from what we see as average prices. The (OP)
was making a mistake inn his approach and we hve advised him oif that and offered
further help if he needs it.

Just for the record this is how it works in the UK for a non-registered for VAT
store;

We will take a very simple example a Black 2 x 4 Brick. You buy 100 of them in
the lego store in a cup and you pay £11.25 (reusing cup). That is 11.24p each
for those bricks, including vat. No business in their right mind is going to
sell those at a loss so the 11.24 is their cost. They add their margin to that,
whatever that is, and that is the stores price. (It includes VAT) but doesn't
from a VAT registration point of view and that is where we differ from the rest
of Europe. The way we deal with pricing is unique to our store and we use our
own internal price guide but what we advised is correct and works and brings
the op back to the price guide prices we see when we view them as (Non registered
for VAT stores).

Hope I have explained that

The price excluding VAT may be useful to you, I believe you've argued that
before. But it doesn't change the fact that Brickstock is giving you different
values than Bricklink does.
Bricklink tells you what the part costs for a buyer. Brickstock tells you how
much money sellers make a part. For you the latter apparently is most useful,
so you're lucky, in that case Brickstock is useful. But I think many sellers
want to know how from a buyer's viewpoint their price is going to compare
to that of the competition.

Whatever it is you want to know, though, everyone must be aware Brickstock "average"
prices are lower than the Bricklink ones.

For anyone who wants to see this for themselves, take for example this part:

 
Part No: 3626cpb1665  Name: Minifigure, Head Dark Tan Eyebrows, White Pupils, Cheek Lines, Smile Pattern (Manuel Neuer) - Hollow Stud
* 
3626cpb1665 Minifigure, Head Dark Tan Eyebrows, White Pupils, Cheek Lines, Smile Pattern (Manuel Neuer) - Hollow Stud
Parts: Minifigure, Head

Here's your Bricklink priceguide detail, in USD:

https://www.bricklink.com/priceGuideSummary.asp?vcID=1&vatInc=Y&a=p&colorID=90&itemID=3626cpb1665

So now you know the average price. Now, look up the part in Brickstock. What
does Brickstock tell you is "average"?

Probably, what Brickstock says will be alot more similar to:

https://www.bricklink.com/priceGuideSummary.asp?vcID=1&vatInc=N&a=p&colorID=90&itemID=3626cpb1665

Which is the average price but without VAT. It is NOT the average of the listed
items on Bricklink. It is the average amount of money that sellers earn after
taxes. Setting your listing price according to this average instead of the Bricklink
average, means that you've just UNDERpriced your item.

Thanks Teup

I will answer this more fully shortly using your examples, so we can once again
get a comparison.

Back shortly.
 Author: Teup View Messages Posted By Teup
 Posted: Jul 17, 2019 08:54
 Subject: Re: Brickstock doesn't convert prices right
 Viewed: 22 times
 Topic: Help
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Teup (4151)

Location:  Netherlands, Utrecht
Member Since Contact Type Status
May 6, 2004 Contact Member Seller
Buying Privileges - OKSelling Privileges - OK
Store: The T-workshop
In Help, calsbricks writes:
  In Help, Teup writes:
  In Help, calsbricks writes:
  In Help, Teup writes:
  In Help, TheBrickGuys writes:
  Going along with what Pippyblocks said, all you have to do is leave the items
at the US 6 month sales average then select all the items you are working with
and go to Edit menu and select Price, from there select Inc- or Decrease and
then put in the % you need to and walla, you have what you need.

Jim

That's not right. It works for you because you're in America. But for
European sellers, the numbers that Brickstock provide are off, and there is no
way to convert them back to the values that we see here on Bricklink. This is
because
1. For Last 6 Months sales: You're converting a currency twice. All purchases
are recorded with their dollar value of the day of purchase, then today as you're
using Brickstock you convert it back to your own currency.
2. Brickstock's prices exclude VAT. VAT is usually around 20% but since there
is no telling how many of the listings include VAT and how many do not, it is
impossible to know how much lower the prices really are.

The result: Brickstock generates prices that are inaccurate and usually lower
than what you see on Bricklink and there is no way to convert them back.

This is why I recomment NOT to use Brickstock for pricing, or when you do, at
least be aware that the prices you see are INACCURATE and usually LOWER than
the prices on Bricklink. Also be aware that if you do this often, you're
accellerating the race to the bottom. You can even be your own competition: You
price an item, Brickstock deduces VAT and tells you the average lower than what
you have listed it for (because it ignores VAT), then you list it at that price,
then again Brickstock deduces VAT, tells you it's cheaper, etcetera.

I think it's a serious problem that everyone who uses Brickstock in Europe
should be aware of. All of this has been tested in several ways by several users
and it's 100% verified information.

Hi Teup

We don't disagree with you on what you have said but this store (OP) is a
UK store and it works fine for UK stores. There are only a handful of stores
who have to deal with VAT as a separate item in the UK - I appreciate it is different
for the rest of Europe.

According to Bricklink if you do not mark the box for VAT in your store you do
not see VAT inclusive prices, however it is also fair to say that anyone buying
lego in the UK pays VAT on their purchase and therefore it is actually included
in their costings (But not isolated).

We have been using the technique we described in an earlier response for 8+ years
and never really varied that much from what we see as average prices. The (OP)
was making a mistake inn his approach and we hve advised him oif that and offered
further help if he needs it.

Just for the record this is how it works in the UK for a non-registered for VAT
store;

We will take a very simple example a Black 2 x 4 Brick. You buy 100 of them in
the lego store in a cup and you pay £11.25 (reusing cup). That is 11.24p each
for those bricks, including vat. No business in their right mind is going to
sell those at a loss so the 11.24 is their cost. They add their margin to that,
whatever that is, and that is the stores price. (It includes VAT) but doesn't
from a VAT registration point of view and that is where we differ from the rest
of Europe. The way we deal with pricing is unique to our store and we use our
own internal price guide but what we advised is correct and works and brings
the op back to the price guide prices we see when we view them as (Non registered
for VAT stores).

Hope I have explained that

The price excluding VAT may be useful to you, I believe you've argued that
before. But it doesn't change the fact that Brickstock is giving you different
values than Bricklink does.
Bricklink tells you what the part costs for a buyer. Brickstock tells you how
much money sellers make a part. For you the latter apparently is most useful,
so you're lucky, in that case Brickstock is useful. But I think many sellers
want to know how from a buyer's viewpoint their price is going to compare
to that of the competition.

Whatever it is you want to know, though, everyone must be aware Brickstock "average"
prices are lower than the Bricklink ones.

For anyone who wants to see this for themselves, take for example this part:

 
Part No: 3626cpb1665  Name: Minifigure, Head Dark Tan Eyebrows, White Pupils, Cheek Lines, Smile Pattern (Manuel Neuer) - Hollow Stud
* 
3626cpb1665 Minifigure, Head Dark Tan Eyebrows, White Pupils, Cheek Lines, Smile Pattern (Manuel Neuer) - Hollow Stud
Parts: Minifigure, Head

Here's your Bricklink priceguide detail, in USD:

https://www.bricklink.com/priceGuideSummary.asp?vcID=1&vatInc=Y&a=p&colorID=90&itemID=3626cpb1665

So now you know the average price. Now, look up the part in Brickstock. What
does Brickstock tell you is "average"?

Probably, what Brickstock says will be alot more similar to:

https://www.bricklink.com/priceGuideSummary.asp?vcID=1&vatInc=N&a=p&colorID=90&itemID=3626cpb1665

Which is the average price but without VAT. It is NOT the average of the listed
items on Bricklink. It is the average amount of money that sellers earn after
taxes. Setting your listing price according to this average instead of the Bricklink
average, means that you've just UNDERpriced your item.

Thanks Teup

I will answer this more fully shortly using your examples, so we can once again
get a comparison.

Back shortly.

I think I understand what you mean and that it's useful the way it is in
Brickstock. Setting prices according to what you want to earn compared to what
other sellers earn isn't a bad business model at all. Maybe in your position
I'd do the same. In that case Brickstock is a blessing. I said "underpricing"
- well, underpricing can be fine, if that's a conscious decision.

But regardless of how we run things, every single seller who lives in the EU
must be aware of the fact that Brickstock and Bricklink show different prices.
That is something that we should all be able to agree on - whatever we decide
to do with that fact.

There's just one thing I really want to avoid. I just don't want EU sellers
to use Brickstock and think the prices are the same as on Bricklink. If they
think so, they'd be underpricing without being aware of it and that
can push prices down without anyone wanting that to happen.
 Author: yorbrick View Messages Posted By yorbrick
 Posted: Jul 17, 2019 09:11
 Subject: Re: Brickstock doesn't convert prices right
 Viewed: 18 times
 Topic: Help
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yorbrick (692)

Location:  United Kingdom, England
Member Since Contact Type Status
Apr 11, 2011 Contact Member Seller
Buying Privileges - OKSelling Privileges - OK
Store: Yorbricks
  The result: Brickstock generates prices that are inaccurate and usually lower
than what you see on Bricklink and there is no way to convert them back.

This is why I recomment NOT to use Brickstock for pricing, or when you do, at
least be aware that the prices you see are INACCURATE and usually LOWER than
the prices on Bricklink. Also be aware that if you do this often, you're
accellerating the race to the bottom. You can even be your own competition: You
price an item, Brickstock deduces VAT and tells you the average lower than what
you have listed it for (because it ignores VAT), then you list it at that price,
then again Brickstock deduces VAT, tells you it's cheaper, etcetera.

I think it's a serious problem that everyone who uses Brickstock in Europe
should be aware of. All of this has been tested in several ways by several users
and it's 100% verified information.

Yeah, I remember doing some of these checks a while back. You can also use it
to spot some of the stores that add on VAT. If you check the current prices you
get while logged on vs the prices you get when logged off, you can highlight
significant differences. This is down to being shown VAT inclusive prices when
logged on and prices excluding VAT when logged off.

You can do the same for sold prices too although it doesn't always identify
the store (if they are out of stock or have changed their prices).