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 Author: MontagueBrick View Messages Posted By MontagueBrick
 Posted: Nov 24, 2018 19:38
 Subject: Re: Automatic price while listing items
 Viewed: 41 times
 Topic: Suggestions
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MontagueBrick (250)

Location:  USA, Wisconsin
Member Since Contact Type Status
Jul 13, 2015 Contact Member Seller
Buying Privileges - OKSelling Privileges - OK
Store: MontagueBrick
In Suggestions, Brickwilbo writes:
  In Suggestions, Rainey writes:
  I just bought a MacBook Pro and it is very fast! But it has got me wishing that
Bricklink had a seller feature that would automatically have the average price
(or what ever price you set it as) put in the box while adding items like brickOwl
does. I also love how brickOwl has the option to add the same part in multiple
colors at the same time and I really wish Bricklink had the same! I also like
it that if I posted a suggestion in the BrickOwl Forum for a new seller feature,
it would be done in a matter of a few minutes (most likely). I hope this seller
feature suggestion can be acted upon quickly and not years later to never.
Rainey

This already exists, use your default selling settings: https://www.bricklink.com/invOptionsAdd.asp

I didn't see any setting for adding individual items. There is only one
for parting out sets.
Rainey
 Author: Brickwilbo View Messages Posted By Brickwilbo
 Posted: Nov 24, 2018 17:57
 Subject: Re: Automatic price while listing items
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 Topic: Suggestions
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Brickwilbo (1534)

Location:  Netherlands, Gelderland
Member Since Contact Type Status Collage
Oct 24, 2007 Contact Member Seller
Buying Privileges - OKSelling Privileges - OK
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Store Closed Store: Brickwilbo Betuwe Bricks
BrickLink Discussions Moderator (?)
In Suggestions, Rainey writes:
  I just bought a MacBook Pro and it is very fast! But it has got me wishing that
Bricklink had a seller feature that would automatically have the average price
(or what ever price you set it as) put in the box while adding items like brickOwl
does. I also love how brickOwl has the option to add the same part in multiple
colors at the same time and I really wish Bricklink had the same! I also like
it that if I posted a suggestion in the BrickOwl Forum for a new seller feature,
it would be done in a matter of a few minutes (most likely). I hope this seller
feature suggestion can be acted upon quickly and not years later to never.
Rainey

This already exists, use your default selling settings: https://www.bricklink.com/invOptionsAdd.asp
 Author: MontagueBrick View Messages Posted By MontagueBrick
 Posted: Nov 24, 2018 17:22
 Subject: Automatic price while listing items
 Viewed: 91 times
 Topic: Suggestions
 Status:Open
 Vote:[Yes|No]
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MontagueBrick (250)

Location:  USA, Wisconsin
Member Since Contact Type Status
Jul 13, 2015 Contact Member Seller
Buying Privileges - OKSelling Privileges - OK
Store: MontagueBrick
I just bought a MacBook Pro and it is very fast! But it has got me wishing that
Bricklink had a seller feature that would automatically have the average price
(or what ever price you set it as) put in the box while adding items like brickOwl
does. I also love how brickOwl has the option to add the same part in multiple
colors at the same time and I really wish Bricklink had the same! I also like
it that if I posted a suggestion in the BrickOwl Forum for a new seller feature,
it would be done in a matter of a few minutes (most likely). I hope this seller
feature suggestion can be acted upon quickly and not years later to never.
Rainey
 Author: mwright5 View Messages Posted By mwright5
 Posted: Nov 23, 2018 12:20
 Subject: Re: Part out value may not always be accurate
 Viewed: 32 times
 Topic: Suggestions
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mwright5 (2325)

Location:  USA, Virginia
Member Since Contact Type Status
Aug 28, 2015 Contact Member Seller
Buying Privileges - OKSelling Privileges - OK
Store Closed Store: Brickwright Shop
In Suggestions, Rob_and_Shelagh writes:
  In Suggestions, shovhans writes:
  Dear bricklink development team,

Currently the "Part Out Value" page shows the value in average, which may not
be accurate if any seller posts an item with very high, or inaccurate price.

To better represent the part out value of a set, we need to add the following
additional metrics:
1. Standard deviation of the Average value shown
2. Median value
3. Breakdown list of all items with the above metrics for each item. Additionally
we would like to see the count for each item.

Thanks
shovhans


Way too much attention is paid to average prices as it is. Just consider what
the average sold price is...


across markets/ countries

all stores big and small

stores that price fairly and those that charge add ons

all orders - single lot/ multiple lot


It is also dangerous to purchase based on part-out sold prices anyway as many
parts might have sold for an average prixe of X but in some cases there are many
100's of times of the part for sale than have ever sold!


Focusing on making the average "more accurate" is IMO a diversion and not a good
way of optimising inventory investment decisions. If it was just a mathematical
excercise to determine what to buy this place would be even more swamped with
inventory and prices would drop further.


I always vote no to these enhancements to averages for these reasons, I think
these average values mislead many.


Robert

Just take look at the last 6 months average and then figure out what your price
is going to be if you aren't satisfied with the average. And yes I know
the last 6 months avg is going to deviate over time, but your price (the amount
you expect to get for each piece) will not deviate unless you change your prices.


In short, the last 6 months avg is just a guage. Make your prices whatever you
want if you don't like the average price. If the avg is $100 for a parted
out set and you want $110, then upload everything with a 10% increase. It's
not rocket science.
 Author: Teup View Messages Posted By Teup
 Posted: Nov 23, 2018 11:22
 Subject: Re: Part out value may not always be accurate
 Viewed: 38 times
 Topic: Suggestions
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Teup (6586)

Location:  Netherlands, Utrecht
Member Since Contact Type Status
May 6, 2004 Contact Member Seller
Buying Privileges - OKSelling Privileges - OK
Store: BLOKJESKONING
In Suggestions, Rob_and_Shelagh writes:
  In Suggestions, shovhans writes:
  Dear bricklink development team,

Currently the "Part Out Value" page shows the value in average, which may not
be accurate if any seller posts an item with very high, or inaccurate price.

To better represent the part out value of a set, we need to add the following
additional metrics:
1. Standard deviation of the Average value shown
2. Median value
3. Breakdown list of all items with the above metrics for each item. Additionally
we would like to see the count for each item.

Thanks
shovhans


Way too much attention is paid to average prices as it is. Just consider what
the average sold price is...


across markets/ countries

all stores big and small

stores that price fairly and those that charge add ons

all orders - single lot/ multiple lot


It is also dangerous to purchase based on part-out sold prices anyway as many
parts might have sold for an average prixe of X but in some cases there are many
100's of times of the part for sale than have ever sold!


Focusing on making the average "more accurate" is IMO a diversion and not a good
way of optimising inventory investment decisions. If it was just a mathematical
excercise to determine what to buy this place would be even more swamped with
inventory and prices would drop further.


I always vote no to these enhancements to averages for these reasons, I think
these average values mislead many.


Robert

Agreed. And then there's VAT.... Even if Bricklink would have only 1 store,
that store could still find itself in a race to the bottom. They list things,
some sell with VAT, some without... so the L6MS average will be lower than their
own prices... so they mark down... again sell some parts without VAT... average
drops again...
The more we stick to the priceguide, the more we'll race to the bottom, even
without anybody trying to price under anyone else.
 Author: Rob_and_Shelagh View Messages Posted By Rob_and_Shelagh
 Posted: Nov 23, 2018 11:15
 Subject: Re: Part out value may not always be accurate
 Viewed: 44 times
 Topic: Suggestions
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Rob_and_Shelagh (26271)

Location:  United Kingdom, England
Member Since Contact Type Status
Nov 3, 2005 Contact Member Seller
Buying Privileges - OKSelling Privileges - OK
Store: YELLOW FARM BRICKS
In Suggestions, shovhans writes:
  Dear bricklink development team,

Currently the "Part Out Value" page shows the value in average, which may not
be accurate if any seller posts an item with very high, or inaccurate price.

To better represent the part out value of a set, we need to add the following
additional metrics:
1. Standard deviation of the Average value shown
2. Median value
3. Breakdown list of all items with the above metrics for each item. Additionally
we would like to see the count for each item.

Thanks
shovhans


Way too much attention is paid to average prices as it is. Just consider what
the average sold price is...


across markets/ countries

all stores big and small

stores that price fairly and those that charge add ons

all orders - single lot/ multiple lot


It is also dangerous to purchase based on part-out sold prices anyway as many
parts might have sold for an average prixe of X but in some cases there are many
100's of times of the part for sale than have ever sold!


Focusing on making the average "more accurate" is IMO a diversion and not a good
way of optimising inventory investment decisions. If it was just a mathematical
excercise to determine what to buy this place would be even more swamped with
inventory and prices would drop further.


I always vote no to these enhancements to averages for these reasons, I think
these average values mislead many.


Robert
 Author: calsbricks View Messages Posted By calsbricks
 Posted: Nov 23, 2018 10:50
 Subject: Re: Part out value may not always be accurate
 Viewed: 27 times
 Topic: Suggestions
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calsbricks (8495)

Location:  United Kingdom, England
Member Since Contact Type Status
Aug 12, 2008 Contact Member Seller
Buying Privileges - OKSelling Privileges - OK
Store: CalsBricks
In Suggestions, shovhans writes:
  Dear bricklink development team,

Currently the "Part Out Value" page shows the value in average, which may not
be accurate if any seller posts an item with very high, or inaccurate price.

To better represent the part out value of a set, we need to add the following
additional metrics:
1. Standard deviation of the Average value shown
2. Median value
3. Breakdown list of all items with the above metrics for each item. Additionally
we would like to see the count for each item.

Thanks
shovhans

Whilst your suggestion is very good - nothing is being done by the development
team to the classic site whilst Bricklink eXpress is being developed. So it will
more than likely fall on 'deaf ears'. An awful lot more needs doing on
the entire part out process on this site. The part out log should not be just
a reminder of the date when you parted it out - it should contain full details
of the part out. You should also be able to see what the 'new lots' will
be from the first screen - we need more flexibility in the initial screen especially
with remarks fields, as well as seeing what we have the item listed as etc. etc.
Lots to do - nothing will get done. Shame really as it is a very important part
of the site.
 Author: yorbrick View Messages Posted By yorbrick
 Posted: Nov 23, 2018 04:48
 Subject: Re: Part out value may not always be accurate
 Viewed: 34 times
 Topic: Suggestions
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yorbrick (1181)

Location:  United Kingdom, England
Member Since Contact Type Status
Apr 11, 2011 Contact Member Seller
Buying Privileges - OKSelling Privileges - OK
Store: Yorbricks
In Suggestions, shovhans writes:
  Dear bricklink development team,

Currently the "Part Out Value" page shows the value in average, which may not
be accurate if any seller posts an item with very high, or inaccurate price.

To better represent the part out value of a set, we need to add the following
additional metrics:
1. Standard deviation of the Average value shown
2. Median value
3. Breakdown list of all items with the above metrics for each item. Additionally
we would like to see the count for each item.

Thanks
shovhans

If you need this information you can get it, you just need to do it part by part.
However, it is probably way too much information needed for most people when
considering purchasing a set to part out. You also miss one really important
thing, and that is the trend in the prices of the parts. New parts especially
can have a very misleading six month average, as they typically start high and
drop as more people buy the set and part it out. I found it was always better
to look at the expensive parts of a set first, and check whether those are realistic.
You can find those quickly by starting a part out but not completing it.
 Author: axaday View Messages Posted By axaday
 Posted: Nov 22, 2018 18:43
 Subject: Re: Part out value may not always be accurate
 Viewed: 40 times
 Topic: Suggestions
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axaday (7301)

Location:  USA, Oklahoma
Member Since Contact Type Status
Jun 28, 2005 Contact Member Seller
Buying Privileges - OKSelling Privileges - OK
Store Closed Store: Axaday
In Suggestions, shovhans writes:
  Dear bricklink development team,

Currently the "Part Out Value" page shows the value in average, which may not
be accurate if any seller posts an item with very high, or inaccurate price.

To better represent the part out value of a set, we need to add the following
additional metrics:
1. Standard deviation of the Average value shown
2. Median value
3. Breakdown list of all items with the above metrics for each item. Additionally
we would like to see the count for each item.

Thanks
shovhans

It's not supposed to be a gold standard. It shows the average price of SOLD
items in the last 6 months and that's a pretty good guideline. It isn't
necessarily accurate to what you will get and it definitely isn't precise,
but it's a pretty good guideline.
 Author: shovhans View Messages Posted By shovhans
 Posted: Nov 22, 2018 15:56
 Subject: Part out value may not always be accurate
 Viewed: 130 times
 Topic: Suggestions
 Status:Open
 Vote:[Yes|No]
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shovhans (29)

Location:  USA, Washington
Member Since Contact Type Status
Sep 12, 2018 Contact Member Seller
Buying Privileges - OKSelling Privileges - OK
Store Closed Store: HappyToys
Dear bricklink development team,

Currently the "Part Out Value" page shows the value in average, which may not
be accurate if any seller posts an item with very high, or inaccurate price.

To better represent the part out value of a set, we need to add the following
additional metrics:
1. Standard deviation of the Average value shown
2. Median value
3. Breakdown list of all items with the above metrics for each item. Additionally
we would like to see the count for each item.

Thanks
shovhans

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