The PTS Calculator
6, 2003 - by Simbille Ballong
products have a different appeal to different social groups. Some products
are of luxurious material, some are 2nd hand. Diamonds last forever while
flowers fade within a week. So how do all this affect the price of the
product? If you produce or import loads of stuff, our new Price Calculator
will become useful!
Simmerville we have a detailed routine for pricing any product before it
gets available in our local manufacture catalogue. This goes for imported
items, as well as anything produced locally. In the start we just
found a price that was just as good as any price. But as the assortment
grew, we understood we needed to pay attention to the product's qualities
before setting a price (the Price Tag System - see related article). And
lately, we have pulled this even further, by not only counting the quality
units, but also consider how the product's use of material and visual candy
will appeal to different social groups.
This probably sounds like
a very complicated process, you might think "Why make things more complicated
than needed". Fact is that it isn't that complicated at all, because we
invented the PTS Calculator which handles the entire operation for us.
If you live in a smaller neighbourhood that doesn't import much furniture
from the web shops, and if there's not a certain local production either,
then the PTS Calculator most likely will not be of much interest. But if
you produce loads of furniture and other household items, or import loads
of stuff, then you should test the calculator right away.
We all know that some stuff
is not appropriately priced compared to what already is in the local catalogue.
With the PTS Calculator it's easier than ever to set the price tag correctly.
This is not a software program, but simply a script that is available on
the STUFF page.
The calculation is based
on the Price Tag System where each quality unit will add about §100
to the price, but the calculator will adjust this according to 7 easy questions
where alternatives are given. If you don't know the number of quality units,
you can not use the PTS Calculator. To find the quality units you will
need to check the product either in your local catalogue, or by using a
system called Transmogrifier.
The 7 questions are explained
on the web page where the Calculator presents the results. You will need
to run the calculator to get access to that page, but it's easy to use
so you don't really need to read all that info unless you are very much
interested in how it works.