  
| Author: | FigBits  | | Posted: | Apr 26, 2016 16:29 | | Subject: | Re: Price guide and average pricing | | Viewed: | 43 times | | Topic: | Suggestions | |
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| In Suggestions, calsbricks writes:
| | In Suggestions, FigBits writes:
| | In Suggestions, calsbricks writes:
| | In Suggestions, axaday writes:
| | In Suggestions, calsbricks writes:
| | In Suggestions, axaday writes:
| | Bricklink tracks the average price of pieces sold. That's a much better
guide than what is basically the average price of pieces NOT sold.
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Sorry Bricklink tracks both prices that is why you see two columns one for sold
and one for current inventory. Our suggestion is to also show the total value
so we can eliminate the prices which are not what they should be.
Which set of figures yo9u use is up to you and your store policy/philosophy.
We don't use either,
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I don't understand what the total value is.
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In order to work out the average value what Bricklink does is take the sum of
the value of those items and divides by the number of items - this give the
system an average value so if there were 10000 of an item and the total value
on Bricklink was £20,000 then the average value would be £2.00 They give us a
total no of items but not the value. In order to determine that you have to manually
add all those up.
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Just multiply the average value by the total number of items.
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--or they could add 2 lines of code and do it for us
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They could, but the benefit would be minimal and the Price Guide pages are already
jam-packed with data.
Also, your method already involves subtracting the items that you want to remove,
and then dividing the new sum by the number of listings. With that amount of
math already invested, it should be nearly nothing more to add in one multiplication.
--
Marc.
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Message is in Reply To: Message Has 1 Reply:  Re: Price guide and average pricing - calsbricks (8538) | [...] Or they could simply provide the mean/median as a calculation. The price guide, as mentioned needs re-thinking. Yes it is one more small step for us to add the extra [...]
(99 months ago, Apr 26, 2016, to Suggestions) |
20 Messages in this Thread: Msg 1 - calsbricks (8538) 99 months ago Apr 26, 2016 to Suggestions
 Msg 2 - yorbrick (1185) 99 months ago Apr 26, 2016 to Suggestions
  Msg 3 - ToriHada (8887) 99 months ago Apr 26, 2016 to Suggestions
Msg 4 - axaday (7304) 99 months ago Apr 26, 2016 to Suggestions
Msg 5 - calsbricks (8538) 99 months ago Apr 26, 2016 to Suggestions
Msg 6 - axaday (7304) 99 months ago Apr 26, 2016 to Suggestions
Msg 7 - calsbricks (8538) 99 months ago Apr 26, 2016 to Suggestions
Msg 8 - FigBits (3563) 99 months ago Apr 26, 2016 to Suggestions
Msg 9 - calsbricks (8538) 99 months ago Apr 26, 2016 to Suggestions
Msg 10 « - FigBits (3563) 99 months ago Apr 26, 2016 to Suggestions
Msg 11 - calsbricks (8538) 99 months ago Apr 26, 2016 to Suggestions
Msg 12 - sonofagunk (100) 99 months ago Apr 27, 2016 to Suggestions
Msg 13 - FigBits (3563) 99 months ago Apr 27, 2016 to Suggestions
Msg 14 - sonofagunk (100) 99 months ago Apr 28, 2016 to Suggestions
Msg 15 - FigBits (3563) 99 months ago Apr 28, 2016 to Suggestions
Msg 16 - yorbrick (1185) 99 months ago Apr 27, 2016 to Suggestions
Msg 17 - sonofagunk (100) 99 months ago Apr 28, 2016 to Suggestions
Msg 18 - yorbrick (1185) 99 months ago Apr 28, 2016 to Suggestions
Msg 19 - lotsofbricks (1318) 99 months ago Apr 27, 2016 to Suggestions
Msg 20 - Leftoverbricks (2225) 99 months ago Apr 27, 2016 to Suggestions
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Canada, Ontario
