What is Going On with Prices?!

whimsywhim
Valued Contributor

This is especially for place cards.  The price changes constantly - sometimes, several times a day.   It is beyond irritating and frustrating because I have to switch my royalty rate relentlessly.  I get there are sales and discounts.  However, the price changes are constant and sometimes vast.  What is going on?

8 REPLIES 8

Anne
Valued Contributor II

Agreed, and also the changes in paper style (which we did not choose) affects that. It's not good for sales. 
Not just place cards. It's all over the board next to impossible to adjust royalty rates (if they even stick to begin with).

Anne Vis Icon

whimsywhim
Valued Contributor

Unfreakingbelievable.  What in all of Hades is the point of this?  Exactly, what is the flaming point?  I understand some price fluctuation, but it's beyond the pale radical.

CrazyMermaid
Valued Contributor III

Royalties only change once a month on the 20th. what good does relentless changing do? 

For the holidays, we have until October 31.  I thought I was set, but then there was such an egregiously radical price change, I had to change the royalty rate - again.

Jadendreamer13
Honored Contributor

I use one set royalty rate. I don’t change them on various products or seasonally. I like to keep things easy.

DesertSky
Contributor III

I’ve been noticing the constant price changes on products for months, and I have a theory. Back in May, James from the Creator Team responded to a thread about unexpected price drops and said:

“Our pricing is dynamic and can fluctuate frequently due to changes in material and printing costs, as well as other factors.”

You can see the full post here. 

That phrase “Our pricing is dynamic…” stood out to me because I remember hearing about the backlash when a fast food chain tried “dynamic pricing.” It’s basically a pricing strategy where the cost of a product changes in real time based on things like demand, production costs, or even customer behavior. Airlines and ride-share apps use it all the time. I think the comment  “…as well as other factors” tells us something, too. It most likely refers to things like algorithms, customer demand, etc.  

I may be wrong, but ever since that post in May, I’ve noticed constant price fluctuations across prices. The prices often change from one day to the next—and it’s the regular base price that’s changing; it’s not because of any discounts. If Zazzle is using dynamic pricing (even lightly), it would explain why prices shift so often and why it’s hard to keep products at a consistent price point.

At this point it seems the best strategy is to pick a royalty rate you’re comfortable with and stick with it, rather than trying to fine-tune your product prices. Since the base price can change at any time, chasing a specific final price might just drive you crazy.

Just wanted to share what I’ve noticed in case it helps others make sense of what may be going on.

 

I did not see that post, thank you.  That explains it.  I can't use a base royalty rate for everything, but what I'm going to do is set a firm royalty rate for specific product types.  Changing it frequently has driven me crazy - LOL!  So enough of that!  Thanks everybody!

ColsCreations
Honored Contributor III

I don't pay enough attention to prices to have noticed them fluctuating, but this certainly explains why they removed the "Advanced" part of the royalty calculator that lets us input the desired price instead of a %.

 

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