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How selling of multiple types of product works?
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CEO Kogut RJ: Kogut Post Rating: 0 + / - Total Posts: 29 Karma: 10 Joined: Apr 13, 2012 |
Posted on Apr 14, 2012 Is there any difference between selling 0Q with 30Q product and 15Q product (all on the same price)?
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Brent Goode RJ: BB Goode CO: BB Goode Post Rating: 0 + / - Total Posts: 506 Karma: 180 Joined: Apr 5, 2012 |
Posted on Apr 14, 2012 (Last edited on Apr 14, 2012) I think this is a really good question.I hope Scott will tell us how selling multiple Q's simultaneously works in general, as I am also curious about this. Does the AI pick one over the other? Do they both sell at their normal rate/Q and you get a compound selling effect by having multiple Q's for the customer to choose from? Does it gum things up and we should avoid it? A very good question indeed! 8-D We need emoticons. |
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CEO Kogut RJ: Kogut Post Rating: 0 + / - Total Posts: 29 Karma: 10 Joined: Apr 13, 2012 |
Posted on Apr 15, 2012 According to my tests it transforms it into average - allowing to sell only Q28 apples at 0.7 resulted in 1100 sold apples, activating also Q20 apples at the same price reduced amount of sold products.
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Scott (Admin) RJ: Ratan Joyce CO: Ratan Joyce Post Rating: 0 + / - Total Posts: 1175 Karma: 5083 Joined: Jan 13, 2012 |
Posted on Apr 15, 2012 (Last edited on Apr 15, 2012) No difference. The equations are complicated, but in the end they compete with eachother AND share whatever "selling power" your store has.Example using arbitrary numbers for demonstration purposes: Alone: 100 Q50 Apples sold at $5.00 Alone: 12 Q30 Apples sold at $10.00 Together: 92 Q50 Apples sold at $5.00 1 Q30 Apples sold at $10.00 and NOT 50 Q50 Apples sold at $5.00 6 Q30 Apples sold at $10.00 |
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CEO Kogut RJ: Kogut Post Rating: 0 + / - Total Posts: 29 Karma: 10 Joined: Apr 13, 2012 |
Posted on Apr 15, 2012 So in result it is always better to sell only one type of product... It is a bit counter-intuitive.
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Scott (Admin) RJ: Ratan Joyce CO: Ratan Joyce Post Rating: 0 + / - Total Posts: 1175 Karma: 5083 Joined: Jan 13, 2012 |
Posted on Apr 15, 2012 (Last edited on Apr 15, 2012) Not at all.Alone: 100 Q50 Apples sold at $5.00 is better than: Together: 92 Q50 Apples sold at $5.00 1 Q30 Apples sold at $10.00 is better than: Alone: 12 Q30 Apples sold at $10.00 |
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Brent Goode RJ: BB Goode CO: BB Goode Post Rating: 0 + / - Total Posts: 506 Karma: 180 Joined: Apr 5, 2012 |
Posted on Apr 15, 2012 So it is better to sell the highest quality by itself?
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Scott (Admin) RJ: Ratan Joyce CO: Ratan Joyce Post Rating: 0 + / - Total Posts: 1175 Karma: 5083 Joined: Jan 13, 2012 |
Posted on Apr 15, 2012 (Last edited on Apr 15, 2012) No, the difference is only caused by price-quality-value relation, not in how many of the product you put up.
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Alexia Perdhaer RJ: Alexia Perdhaer Post Rating: 0 + / - Total Posts: 100 Karma: 30 Joined: Apr 6, 2012 |
Posted on Apr 16, 2012 I don't understand what the:"and NOT 50 Q50 Apples sold at $5.00 6 Q30 Apples sold at $10.00" part means? |
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Alexia Perdhaer RJ: Alexia Perdhaer Post Rating: 0 + / - Total Posts: 100 Karma: 30 Joined: Apr 6, 2012 |
Posted on Apr 16, 2012 oh I get. That is what you are saying doesn't happen. Got it.I have been setting multiple quality prices by making all prices P = PL*(1 + (Q-QL)/50) where PL is the price of the lowest quality and QL is its quality. Is that optimal? |
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