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Eddi Arthie
Center for Advanced Studies Gallente Federation
0
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Posted - 2013.06.10 08:36:00 -
[1] - Quote
Hi, I just sold my first selfmade Cruiser with a net profit of 11. something%.
I am wondering, is this a reasonable value? Or can this be improofed as it took some hours of work (buying, shipping, building...) to get there.
Just now I am working on my Production Efficiency (now at 3), maybe this will help. |
Mari Hata
Main Street Crafts and Goods
24
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Posted - 2013.06.10 09:32:00 -
[2] - Quote
Reasonable, sure. Profitable... that is the question. Do you have trading skills?
I wouldn't waste my time with a single product. Research a bit (the markets, I mean), diversify, manufacture a lot, sell, profit. Make your production lines and sell orders work. 5% inspiration, 95% transpiration. GÇ£Eve. Do you know what Eve is? ItGÇÖs a thousand worlds for our eyes to see. A story we agree to tell each other, over and over, til we forget that itGÇÖs a lie.GÇ¥ |
Termy Rockling
EVE University Ivy League
57
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Posted - 2013.06.10 10:19:00 -
[3] - Quote
Us industrials are less concerned about the profit % but instead isk / hour. More expensive stuff might have less profit% but much higher isk/hour, and thats almost all that matters. |
Mari Hata
Main Street Crafts and Goods
24
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Posted - 2013.06.10 11:01:00 -
[4] - Quote
If you write the "selling" part in the "isk / hour" equation, you win.
If you write the "I foresee minerals & wares trends ahead, so that I can refine even more my isk/hour", then you're quite the moolah factory. GÇ£Eve. Do you know what Eve is? ItGÇÖs a thousand worlds for our eyes to see. A story we agree to tell each other, over and over, til we forget that itGÇÖs a lie.GÇ¥ |
Eddi Arthie
Center for Advanced Studies Gallente Federation
0
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Posted - 2013.06.10 12:06:00 -
[5] - Quote
Hm, that makes roughly 250k/hour then. Its needs some improvement, I grind Lv1 Agents for more |
Elena Thiesant
Sun Micro Systems
394
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Posted - 2013.06.10 12:57:00 -
[6] - Quote
Ships aren't usually a good place to start with manufacturing. Low margins, low demand (relative to other stuff), high costs. |
Scarlett LaBlanc
Midnight Savran Industries
5
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Posted - 2013.06.10 13:28:00 -
[7] - Quote
^^^ this
Ship generally have the slimmest margins do to heavy competition. Every one seems to want to make ships. Until you get production efficiency to V I would (and did) stick with modules and such.
I had great success moving my wears in mission and mining systems for greater margins and avoiding the trade hubs. |
Remy Duchateau
The Great Harmon Institute Of Technology State Section 9
5
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Posted - 2013.06.10 15:29:00 -
[8] - Quote
Eddi Arthie wrote:Hm, that makes roughly 250k/hour then. Its needs some improvement, I grind Lv1 Agents for more
Difference is that you'll get it passively or are you watching the seconds tick away from your job? When I'm manufacturing (which is mostly t1 stuff) I usually sit around 200-1000k ISK an hour. It's very decent if you ask me. |
Eddi Arthie
Center for Advanced Studies Gallente Federation
0
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Posted - 2013.06.10 15:45:00 -
[9] - Quote
Remy Duchateau wrote: Difference is that you'll get it passively or are you watching the seconds tick away from your job? When I'm manufacturing (which is mostly t1 stuff) I usually sit around 200-1000k ISK an hour. It's very decent if you ask me.
Just a lazy afternoon. It started with refining my whole cheap stuff, setting up the buy orders (+1 jump around the factory), adjusting them over and over, collecting the stuff, wait for deliveries, having dinner, watching Simpsons...
I could go and mine something myself but... nah
It feels good to get money doing nearly nothing.
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Haulie Berry
1010
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Posted - 2013.06.10 16:15:00 -
[10] - Quote
You should probably check your math. An 11% manu-profit on a cruiser with PE 2 seems... unlikely. |
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Max Wager
Brave Newbies Inc. Brave Collective
24
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Posted - 2013.06.10 16:38:00 -
[11] - Quote
Haulie Berry wrote:You should probably check your math. An 11% manu-profit on a cruiser with PE 2 seems... unlikely.
You're not looking very hard at cruisers then. There is currently a very popular cruiser selling at 24% profit with PE 0. |
Eddi Arthie
Center for Advanced Studies Gallente Federation
0
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Posted - 2013.06.10 16:41:00 -
[12] - Quote
The 11% were more an estimate. Right now I have added up all my expenses, added another 2% for Broker/ taxes (Accounting/Broker Lv3/2 1,1/0,85%), another 10% profit expectation. And I got back even more from the sale. I refined (lv 4) everything I had on stock worth less then 50k. Finally I got my hands on a very cheap pile of megacyte, selling the rest gave me the needed nearly for free.
Anyway, it was like work, but with fun and without pay. |
Marsan
Caldari Provisions
116
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Posted - 2013.06.10 16:47:00 -
[13] - Quote
I suspect the OP hasn't run the numbers and realized that he could of make more isk selling the minerals than building something. As I understand it his tactic is buy cheap modules -> reprocess -> make something -> sell it -> profit. I suspect that buy cheap modules -> reprocess ->sell it -> profit would result in more isk in his pocket. However maybe he is enjoying building the ships, or maybe ship prices in the area he is in are high compared to mineral prices. I use to make a fair chunk of isk in mission hubs buying cheap modules, reprocessing them, and making ammo, but was mainly due to the insane markup on drones and ammo due to mission runners being willing to pay higher ammo as they would have lost isk travelling to purchase ammo. Of course my real motivation was to make cheap ammo for me, and to annoy the price gougers in the hub. Former forum cheerleader CCP, now just a hopeful small portion of the community. |
Huttan Funaila
Terminal Radioactivity Spaceship Samurai
189
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Posted - 2013.06.10 17:30:00 -
[14] - Quote
That popular cruiser is the Caracal. The war in Fountain is consuming lots of them. |
Max Wager
Brave Newbies Inc. Brave Collective
24
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Posted - 2013.06.10 17:33:00 -
[15] - Quote
Huttan Funaila wrote:That popular cruiser is the Caracal. The war in Fountain is consuming lots of them.
Yup; although, they're being over produced right now to compensate so expect the price to tank in the next few days. Worth keeping an eye on in the future. |
Zifrian
Licentia Ex Vereor Black Core Alliance
1024
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Posted - 2013.06.10 19:14:00 -
[16] - Quote
Haulie Berry wrote:You should probably check your math. An 11% manu-profit on a cruiser with PE 2 seems... unlikely. This was also my first thought. 200k iph is pretty good. But after you've updated you posts, it looks like you are counting your refined minerals as zero. That's pretty much 'minerals I mine are free' thinking. You need to count the value of those as well. Your profit is the total value of your items, not how much you spend. You might find out that in the end you probably lost isk by making the cruiser instead of selling the refined minerals. Maximze your Industry Potential! - Get EVE Isk per Hour! |
Haulie Berry
1010
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Posted - 2013.06.10 20:07:00 -
[17] - Quote
Zifrian wrote:Haulie Berry wrote:You should probably check your math. An 11% manu-profit on a cruiser with PE 2 seems... unlikely. This was also my first thought. 200k iph is pretty good. But after you've updated you posts, it looks like you are counting your refined minerals as zero. That's pretty much 'minerals I mine are free' thinking. You need to count the value of those as well. Your profit is the total value of your items, not how much you spend. You might find out that in the end you probably lost isk by making the cruiser instead of selling the refined minerals.
Eh, there are some spiked cruisers now, apparently, probably being used as cannon fodder in TEST kitchen-sink fleets.
So, it's technically possible right now, but naturally won't be a sustainable margin. |
Steve Ronuken
Fuzzwork Enterprises
1509
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Posted - 2013.06.10 20:47:00 -
[18] - Quote
Eddi Arthie wrote:Hm, that makes roughly 250k/hour then. Its needs some improvement, I grind Lv1 Agents for more
250k isk/hr/line is the more accurate way of putting it.
and sure, you can beat one line. 10 lines, running 24 hours a day, 7 days a week, is a trifle more difficult to beat Steve Ronuken for CSM 9!-á I'm starting early :) Handy tools and an SDE conversion Twitter: @fuzzysteve on Twitter |
Tau Cabalander
Retirement Retreat Working Stiffs
1916
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Posted - 2013.06.10 23:58:00 -
[19] - Quote
Termy Rockling wrote:Us industrials are less concerned about the profit % but instead isk / hour. More expensive stuff might have less profit% but much higher isk/hour, and thats almost all that matters. I don't really care about a per slot per hour figure. I'm not that efficient.
I focus more on the time to sell and less on the time to manufacture. I value a lower effort more.
I prefer to load-up low skill alts, let them manufacture for a month stuff that everybody overlooks, while earning 30% or more on the material cost. Earning 30% or more per month ain't bad for a few minutes work.
If you do care about a per slot per hour, and work hard for that same month, you will no doubt earn far more. |
Salpad
Carebears with Attitude
340
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Posted - 2013.06.11 13:43:00 -
[20] - Quote
Eddi Arthie wrote:Hi, I just sold my first selfmade Cruiser with a net profit of 11. something%.
I am wondering, is this a reasonable value? Or can this be improofed as it took some hours of work (buying, shipping, building...) to get there.
Just now I am working on my Production Efficiency (now at 3), maybe this will help.
Did you really get 11% profit, while your production Efficiency skill is as low as 3? Or are you doing some kind of MIMAF fallacy? |
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Eddi Arthie
Center for Advanced Studies Gallente Federation
0
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Posted - 2013.06.11 14:09:00 -
[21] - Quote
I guess it is not that high anymore. I calculated it only for directly buying the missing ores and selling the product. I was not accounting for the ores I had from other sources already (salvaging and refining from many PvE missions).
What's MIMAF by the way... |
Mari Hata
Main Street Crafts and Goods
25
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Posted - 2013.06.11 14:29:00 -
[22] - Quote
Minerals I Mine Are Free
That's the name of my exhumer. GÇ£Eve. Do you know what Eve is? ItGÇÖs a thousand worlds for our eyes to see. A story we agree to tell each other, over and over, til we forget that itGÇÖs a lie.GÇ¥ |
Chic Botany
Pator Tech School Minmatar Republic
14
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Posted - 2013.06.11 17:13:00 -
[23] - Quote
Termy Rockling wrote:Us industrials are less concerned about the profit % but instead isk / hour. More expensive stuff might have less profit% but much higher isk/hour, and thats almost all that matters.
Some of us other industrialists are less concerned about the isk / hour and as long as we don't lose money on the venture, we're not bothered.
Please don't generalise all industrialists as isk hungry cut-throat business dealers in sharp suits.
Personally, I'm quite happy turning a small profit on things, and as long as I don't end up losing isk then it's groovy. I play the industrial side of eve because I enjoy it, it suits my lack of play-time compared to a lot of other eve activities.
My way is no more correct than your way, and your way is no more correct than my way |
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