From the outset we have had odd prices on Dungeonland. By that we mean, we don't end everything ninety nine, or zero, like most stores. All our items have a price tag that looks, well, a little random compared to some stores. For example this week we have Shiver Gothic which we have priced at £32.39. The price on Asmodee, one of our suppliers, is £39.99 RRP, a more traditional price that people expect to see. And most stores that discount the item, as we do, will probably end up at something ninety nine. So why do we price the way we do? To answer that we need to talk about how and where we get stock from. But first...
I have to admit we were a little unsure of pricing this way. It sort of makes the store look like the prices are converted from another currency. Know what I mean? Like when you visit a store in another country and select your country on the drop down menu, than boom, all the prices convert to what they will roughly cost you if you make a purchase. That was a concern. We are UK based and all our items are in stock here in the UK. So we were cautious that people might think we were somewhere else outside the UK with the odd prices. But it seems to have worked out and you all seem to have got used to the way we do price things up. We do it this way part for our benefit, and part for yours, and here is why the pricing is what it is, and also, why it moves up and down so often too.
Firstly, lets take a typical item like a Castles & Crusades book for example. We purchase these sometimes direct from the publisher in America, sometimes from a supplier in the EU, and sometimes from a UK based supplier. And hey, guess what? They all have, or end up at, a completely different cost price to us. When we import the book the pounds price against the dollar is never the same from one order to the next so the item price will fluctuate each time we re-order it. It's the same when we go to our EU supplier, the Euro price against the pound will vary each time and on top of that their price will likely be different to that of the UK supplier too. Even two different suppliers in the UK will almost certainly have a different cost price. So what we are saying overall is that each time the book comes into stock the price we paid will no doubt be different to the last time we paid for it. It could be more, it could be less.
This is one reason we don't sell at RRP or any other fixed rate discounted price. If we did, our margin on the book would be up and down and all over the place, each and every time we ordered another one in. So what we do is we take the final cost price of the item and add on a fixed percentage margin for Dungeonland. And that, is our discounted price, no matter what odd number it ends up at. If the book sells out, we repeat the method on the price the next time it arrives in stock again. And if we re-order the book while we still have stock available then we take the two trade prices and smash them together into one average cost and apply the margin to that. So if we had one book left that cost us £20, and then got two more in that costed us £23, the cost price would be £22 for us (£20 plus 2 x £23 divided by 3). Then the margin would be applied to that final £22 figure.
This ensures that Dungeonland always makes the same margin every book we sell. It also ensures we give you the same great value on every book we sell.
You might ask though, why don't we just buy from the cheapest supplier all the time? The answer is that almost always, the books we order, are out of stock. So when they come in we tend to have to grab them fast regardless of who the supplier is. The sharp eyed of you might note that Cy_Borg for example fluctuates up and down in our store between £32 - £36 roughly. That is the effect of the price difference between two different suppliers we are buying stock from. Our margin is the same, whichever price the book is at. As the book has been so hard to keep in stock though, we grab what we can, from where we can, when it is around.
So, you'll notice Dungeonland prices have the potential to fluctuate up and down every time a restock arrives. It also has an effect on pre-order prices. You see, Asmodee, are really the only supplier that takes pre-orders. Most of the others either don't, or just offer a few select products to pre-order. So when Dungeonland lists an item for pre-order it is likely that price is our margin on top of the Asmodee trade price. However, when the item ships, it may not be Asmodee who are first to supply us with stock. Depending on the item, it could be any one of a number of places and very likely at a different cost that could be higher or lower. And this is the reason we sometimes get new releases in and then the price moves. Usually though, it is downward, which is to your benefit.
And one of the perks for our customers is that if we are able to source an item at a sale or clearance cost from a supplier we will still apply the exact same maths to it meaning you get the same deal from us, as we get from the supplier. So if we get it cheap, you get it cheap, we don't price it up above our margin in any way ever. And that's because we want you to find some great deals around Dungeonland.
And that, is the reason for our odd prices. The constant moving trade cost to us combined with a fixed margin.
Thanks for reading and we hope that overall, you do like the prices at Dungeonland. One things for sure, they'll always keep changing! And the maths every delivery keeps my mind well exercised...
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Unit 3A, Trident Business Park, Amy Johnson Way, Blackpool, FY4 2RP.
Monday to Friday : 9.30am - 1.30pm
Weekends : Closed
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Website Design 2020 - 2024 © Dungeonland.
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Dungeonland
Unit 3A Trident Business Park
Amy Johnson Way
Blackpool
FY4 2RP
Monday to Friday: 9.30am - 1.30pm
Weekends: Closed
Website Design 2020 - 2024 © Dungeonland
Dungeonland
Unit 3A Trident Business Park
Amy Johnson Way
Blackpool
FY4 2RP
Monday to Friday: 9.30am - 1.30pm
Weekends: Closed
Website Design 2020 - 2024 © Dungeonland