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Old 10-27-2015, 11:55 PM   #14362
GeoffR
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Posts: 3,821
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Join Date: Nov 2012
Location: Te Riu-a-Māui
Device: Kobo Glo
Quote:
Originally Posted by apesmom View Post
When should I receive the VIP code? I joined on the 26th but so far no code.
I got mine about 10 seconds after I joined.

I don't buy many self-published books, and most publishers are discountable and eligible for the VIP discount in New Zealand, but if it had been possible to join the VIP scheme at the beginning of this year I estimate I would have already saved over $25 just from the 10% VIP discount and 2x super points, even without counting the free book, promotions, or bonus days which are a bit hard to quantify in advance.

Edit: BTW to calculate the value of the super points I allow for the effect of the promo code that I could have used if I hadn't bought the book by redeeming points. I.e. If I could get a $5 book for 2800 super points then that would value the points at about $1.79 per 1000, but I if I assume I could have used a 50% code on the book then the points are really only worth half that or about $0.89 per 1000. So I figure the extra 2x super points earned by VIP members is equivalent to about an extra 1% discount on all books (including non-discountable ones) assuming an average discount of about 45% on the books that can be redeemed with points. (I am assuming promo codes can't be used when redeeming super points, but I don't know that for sure.)

Last edited by GeoffR; 10-28-2015 at 12:34 AM. Reason: to calculate the value of the super points ...
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