| Pages: [1] :: one page |
|
|
| Author |
Thread Statistics | Show CCP posts - 0 post(s) |
Ms Delerium
   |
Posted - 2009.02.27 22:38:00 -
[1]
Im still not convinced.
So selling 10k items at 50k (500m) is better than 10 items at 50m???
I stick to this one, better margins, shorter payoff time most probably, and 99% less 0.01isk stupid wars so you can do other stuff instead of watching market each 2 minutes.
|
Kwint Sommer
Caldari
XERCORE
|
Posted - 2009.02.27 22:44:00 -
[2]
It's situational.
The real question is, why did this warning clicking "new thread?"
|
wallenbergaren
|
Posted - 2009.02.27 22:53:00 -
[3]
there is no best and if there were people wouldn't post it here
|
Akita T
Caldari Navy Volunteer Task Force
|
Posted - 2009.02.27 23:00:00 -
[4]
ISK volume is key >:)
That's units * ISK/unit 
_
Create a character || Fit a ship || Get some ISK |
Tumak Jit
|
Posted - 2009.02.27 23:12:00 -
[5]
Look up the Wal-Mart business strategy if you don't understand the importance of volume.
|
flakeys
Tier 3 Technologies Inc
Lazy is our middle name
|
Posted - 2009.02.28 11:12:00 -
[6]
Edited by: flakeys on 28/02/2009 11:14:52
Depends on wich guarantees you have your high volume/low profits in the end will be higher then your low volume/high profit.
I do regonal orders with a verry high profit per item and i also do jita local orders with a verry low profit margin per item.The thing is i know 100% for sure i will get a higher return in the end in jita then on my regional orders since i get a hell of a lot more volume on these items in jita.
Example:This morning i made about 300million in jita local with certain items.My investment was around 750mille .In the same timespan my regional orders gave me a 50 mille worth profit yet my input was around 8 mille.In jita i had to babysit my orders while my regional orders are only updated twice a week.Keep in mind this also allways depends on wich region and offcourse not gonna say wich region is better/best.
On the other hand i see people doing regional orders on items with wich they allmost make the same profits per item i do in jita.Going from the assumption they know what they are doing and have made the calculations i guess they also benefit a lot more from it.Thing is i don't FEEL like hauling all that crap for that amount of profits.
Small edit:Got the feeling also important to say that my regional orders are around 200ish these days and my jita orders where at a max of 12 at one point.
Makes sence? :)
|
Bargain Hunt
|
Posted - 2009.02.28 11:24:00 -
[7]
Work it out per sell order, so set a target, say... 50m profit / week per line.
So you might sell 1 x item that makes 50m = win
Or you might sell 100 x item that each make 0.5m = 50m = win.
So as you can see, volume isn't everything.
|
Ama Kiana
|
Posted - 2009.02.28 21:32:00 -
[8]
 Originally by: Akita T
ISK volume is key
That's units * ISK/unit
That's not exactly true either.
10% return per day is better than 50% return per week. High volume items usually have an advantage in turn-around time as well, which is something to keep in mind.
|
Kazzac Elentria
|
Posted - 2009.03.01 03:13:00 -
[9]
There gets to a point where you must value you time as well.
As someone who was scaling upwards of 400 orders on a given day, processing taking 1 to 2 hours of my time updating, changing, searching, etc...
It just got to the point where I thought "yes 40% margin is nice, but am I really earning what I put in for my time?"
Since then I've scaled back to a scant 50 orders, focusing on a few key areas and pushing my entire capital into those areas to either manipulate, control, or influence that portion of the market.
In this regard, the huge sums Im put in ensure that really I only ever need to check my orders every other day. Which in terms of play time means Im only spending 10 minutes during those times checking those orders.
This leaves me with lots more time to expand my capital business, focus on corporate work for my corporation, take on advisory roles, freelance audit, annoy everyone here, etc...
And the nice thing is my monthly profit hasn't dipped that much. |
Kahega Amielden
Minmatar
Suddenly Ninjas
|
Posted - 2009.03.01 05:31:00 -
[10]
Multiply the amount of a product you can sell with the profit per unit. Assuming no radical differences in other factors (Volume making it hard to move around, etc), then the highest number wins. Simple, really.
|
|
|
Drab Cane
Mining Emporium inc.
|
Posted - 2009.03.01 23:10:00 -
[11]
In addition to profit margin and items sold, consider the time time it takes to sell.
Making 10mil in gross profit three times a week beats making 20 mil in gross profit once a week.
As mentioned several times above, your time is valuable as well. For some, the 20 mil-a-week operation may be more fun.
-----------------------------------------------
- Who Dares, Wins |
MinmatarCitizen100223041
|
Posted - 2009.03.01 23:52:00 -
[12]
Velocity is the key. You can have 10 million units of item x selling today but you won't get more of item x until next week.
If item y sells 3 million units a day and you can get another 3 million while they sell then it is better.
If the isk moves it makes more money than sitting there.
Most manipulators that hold onto items for long times have done their research and expect to do less work then it takes to manufacture from a t2 bpo while having their stock increase 500% on value in a year.
|
vvizard NOR
|
Posted - 2009.03.02 02:25:00 -
[13]
Originally by: Tumak Jit
Look up the Wal-Mart business strategy if you don't understand the importance of volume.
If you seriously think this is a good comparison, you are so full of economical incompetence that I'm not quite sure where to begin 
Intra-region the EVE market works as a real life stock exchange. In short words, when you are underbid by 0.01 ISK, your sales are off.
Wal-mart does not work as a stock exchange. All the other stores in the same shopping mall might undercut them on items with $0.01, and it wont hurt their sales, as they are a one-stop-shop, while in EVE you are at a one stop shop each time you visit Oursulaert-III, Jita 4-4 etc.
A player don't have to physical move his a**e to buy your items instead of my items, while on a real world shopping mall you would, and then you wouldn't care if you could get 3 of the 4 items you went into wal-mart for cheaper in the stores around it, if it meant you had to walk into 3 different stores instead of one.
Then again, in the real world you face logistical issues etc that are a whole different than they are in EVE, and would benefit from the volumes at Wal-mart in a bigger way than they ever will in EVE.
Stop thinking that New Eden has a realistic hardware exchange that can be related to real life 2009.
|
gammatude
|
Posted - 2009.03.02 06:08:00 -
[14]
false.
|
Tumak Jit
|
Posted - 2009.03.02 06:43:00 -
[15]
Originally by: vvizard NOR
Originally by: Tumak Jit
Look up the Wal-Mart business strategy if you don't understand the importance of volume.
If you seriously think this is a good comparison, you are so full of economical incompetence that I'm not quite sure where to begin
Yes, I do think Wal-mart is an excellent example of how volume is important.
As a simpleton, I cannot begin to comprehend the ramifications of what I say. Nor can I predict the inferences a superior intellectual being (like you) will make from things I have said. I grovel before your feet and beg you to forgive my incompetence mighty one.
I donĘt mind that the record clearly shows I didnĘt make a single comparison between the market workings of Eve Online and the real world workings of Wal-mart. There is no doubt I am the one in error here.
|
vvizard NOR
|
Posted - 2009.03.02 15:07:00 -
[16]
Originally by: Tumak Jit
Originally by: vvizard NOR
Originally by: Tumak Jit
Look up the Wal-Mart business strategy if you don't understand the importance of volume.
If you seriously think this is a good comparison, you are so full of economical incompetence that I'm not quite sure where to begin
Yes, I do think Wal-mart is an excellent example of how volume is important.
As a simpleton, I cannot begin to comprehend the ramifications of what I say. Nor can I predict the inferences a superior intellectual being (like you) will make from things I have said. I grovel before your feet and beg you to forgive my incompetence mighty one.
I donĘt mind that the record clearly shows I didnĘt make a single comparison between the market workings of Eve Online and the real world workings of Wal-mart. There is no doubt I am the one in error here.
Sorry if I sounded grumpy and ignorant. I understand and agree on your point of view regarding volumes. I just think it's way to easy to say: volume in Wal-mart works good, therefore volume in EVE is good, without considering the big differences the two trading systems represent.
|
Ordon Gundar
Caldari
Kingfisher Industries
|
Posted - 2009.03.02 15:18:00 -
[17]
Overall volume is what really counts. How quickly you can shift a volume of isk in order to make a return. Rather than buy 20 units each of 5 different modules, you are better off buying 5 units each of 20 different modules. This way, you have a greater flow of goods, and a reduced requirement to babysit your orders to ensure that you sell the entire quota.
|
Stardust CEO
Stardust Manufacturing
|
Posted - 2009.03.02 15:48:00 -
[18]
The devil is in the margins. What is out there which provides a 50m margin? Are you able to tie up the massive amount of capital to have 10 of them in stock?
On the other hand, with items small enough to provide a 50k profit, you may have no problem stocking up 10k.
The important thing to remember is that gross does not equal net. When you say, "selling 10k items at 50k (500m) is better than 10 items at 50m?" it makes me wonder... who CARES how much you sell it for? That's not the number you should be looking at in the first place.
|
SencneS
Amarr
Rebellion Against big Irreversible Dinks
|
Posted - 2009.03.02 16:35:00 -
[19]
It's a combination of volume over time.
100 units at 10K each or 10 units at 100K each. If they both sell out in the same time frame, your sales are the same. However it then becomes based of profit.
Let assume you work with a 50% on the 10K unit and 25% margin on the 100K unit, and both take one day to sell out.
5K * 100 = 500,000 ISK
25K * 10 = 250,000 ISK
Clearly the more volume the better, however if the margins are the exactly the same say 25%, then both will give the same amount of over all profit.
You'll need to then consider the time frame in which it sells, as above if they take the same amount of time then nothing changes. So next it comes down to supply, how quickly can you supply both items? If the supply time is the same the last option is material cost, which one of subject to more radical changes in material cost. Chance are the low volume higher priced will be subject to higher peeks in changes as it's probably using more material. If you don't make the items you look at logistics. How easy is it to move the stuff around. If the market becomes horrible you'll want to move.
A good example of volume trade of something like Antimatter S and Antimatter L. Both take exactly the same amount of time to manufacture so supply is pretty much set in stone. However, Antimatter S sells for a huge margin compared to Antimatter L. Assuming the same volume is sold in the same time frame you'll make more ISK on Antimatter L, because it's so much more expensive. However Antimatter S you'll make a larger profit margin. If this is a side business Antimatter S is the way to go because it requires less ISK, but that ISK returns more margin. Even if it's value of less you're committing a lot less to the line.
From a "o-shiii" point of view a higher volume item is easier to "get rid of" then a low volume item. If you get peeved because of competition you can break even pretty quickly by crashing the item and selling for your cost. Someone will buy it up very quickly. Low volume items don't have that ability.
Amarr for Life |
|
|
| |
|
| Pages: [1] :: one page |
| First page | Previous page | Next page | Last page |