  
| Author: | dsimpsonugcs  | | Posted: | Jan 27, 2024 06:04 | | Subject: | Re: Variants Thread - January 26 | | Viewed: | 68 times | | Topic: | Catalog | |
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| In Catalog, Admin_Russell writes:
| | The Research
The following is an example of the some of the research that has been done to
help determine the course of action we are taking.
When it comes to Frosted Bricks, we took a look at the price guide, the inventories
that contained these special bricks, and we studied the nature of the bricks,
at least as far as we could.
What we found was that bricks listed under the normal (umbrella) entries sold
on average for over twice the price, and the volume of sales was 17 times of
bricks listed under the frosted entries. In addition, sellers listing under the
main entries didn’t have to spend the time sorting out their parts. So from a
marketplace standpoint, these frosted entries are simply an inefficiency (see
image below).
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There are some clear errors in your research data. You are counting the sales
of the standard variants of the bricks multiple times. For instance, there are
three frosted variants of 3005. For each of those variants you attribute 3911
sales of the standard variant. You should count the sales of each standard variant
only once, but in your spreadsheet, you do it three times. The total sales of
the standard variants should be 20184, not 38150. The ratio of sales is actually
closer to 9:1, not 17:1.
In any case, I wouldn't agree with your analysis that this disparity in sales
volumes merely shows an inefficiency. If we look at 3005 again, the frosted
variants have a total sale of 212 vs. 3911 for the standard. Thats 1:18.45.
Now compare that to the number of sets frosted vs. standard appear in. Standard
is in, coincidently, 212 sets. Frosted in 1. 1:212. To me that says, sales
of frosted bricks are actually quite robust as they outpunch their expected sales
by 11.5x. (I do realize that set appearance count may be a bad proxy, but it's
the only data I have to look at). Heck, frosted 3010 outsell their standard
counterpart (501 vs 480).
As a practical matter, I don't actually like the frosted variants. If I
ordered a large lot of clear bricks, I'd be upset to find some of them are
frosted. Your proposed change would allow -- actually encourage -- that
to happen. Today, frosted variants get culled out and sold separately. Like
they should be.
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Message is in Reply To:  Variants Thread - January 26 - Admin_Russell | Hello again everyone, My initial post on this subject earlier this month has garnered almost 700 replies, which is right about the level of the BrickArms threads a few years [...]
(4 months ago, Jan 26, 2024, to Catalog) |
Message Has 1 Reply: Re: Variants Thread - January 26 - dsimpsonugcs (37) | [...] TL;DR Definite errors in data presented by BL admin, likely much of the data is bad too. Conclusions can't be trusted. I may have misunderstood the comparison of [...]
(4 months ago, Jan 28, 2024, to Catalog) |
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