How do Collections work? (Price example)

Collections provide a cheaper way to purchases libraries. In this article we are going to use a fictional collection to illustrate how collection prices work. The fictional collection is made up for four products, each costing $100

SOLD SEPARATELY PRICE

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To arrive at the "sold separately" price that is shown with this collection, we add together the individual prices of each product

COLLECTION PRICE

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To arrive at the collection price, we apply a collection discount. The percentage of this discount varies between different collections. In this example, it is 20%. This reduces the price you pay from $400 to $320. 

COLLECTION PRICE DURING PROMOTION

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During promotions such as Black Friday, we may discount certain collections even further, adding an extra promotional discount on top of the regular collection discount.

In this example, this is an extra 15%, bringing the total saving to 35%.

COMPLETING YOUR COLLECTION PRICE  

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If you already own one or more products that feature in a collection, you can make a saving when you buy the whole collection. We call this “Complete Your Collection”.

To illustrate this, let’s look at the same fictional collection – which offers a 20% discount on 4 products, each costing $100

Now imagine you already own “Product 2” in this collection.

The Sold Separately price of the collection is reduced by the Sold Separately price of Product 2 ($100). The Collection price is reduced by the value of Product 2 within the collection ($80), giving you a  Complete Your Collection price of $240.

Note: If you originally paid less than $80 for Product 2, because you bought during a promotion, you still save $80 off this collection

COMPLETING YOUR COLLECTION DURING PROMOTION  

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The same principle applies if completing a collection that is on promotion.

We subtract the value that Product 2 has when bought as part of this discounted collection. In this example, that is $65 ($100 minus 35%)