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Gekigami
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Posted - 2009.09.21 13:22:00 -
[1]
Here's the deal:
I tracked the character market for a bit and after a while now it seems a pattern has emerged. A 4m SP character sells consistently for about 1b, depending on skills and desires of the buyer this varies to +/- 500m. Yet 50m SP characters consistently seem to sell for over about 15b ISK. On a simple ration scale, 1b ISK for 4m SP character works out to 250 IPSP (ISK Per Skill Point). On this scale, a 50m SP character should then be worth 12.5b ISK, yet they consistently sell for more. Factoring in the $20 dollar transfer fee should equate to about another 350m ISK, but where does the rest come from?
The answer is probably in increasing marginal utility that customers are willing to provide given the increased value of the prior training time to an older player as opposed to a newer player. Utility in this case is defined as "satisfaction derived from knowledge of and the intent to use a product." What this essentially means is that older players with the ISK to buy accounts pay more for them because they appreciate the time it takes to train a character more so than a new character, something which translates into a higher willingness to pay more than the actual value of a character. Coupled with a sense of competition, especially over capital pilots and Minmatar fliers for some reason, this added utility equals great profit for anyone selling a character.
What does this mean for you?
Because of the new training time modifier, you can specialize a character to 1.6m SP in Learning and such within two weeks. Raise it, preferably specialized, to within 4-5 million SP over the remaining month and and you've got yourself a billion ISK. On the Power of Two this means you can crank out three characters on a new account and sell them, making up to 4b ISK (4 characters) for about $130 US, which would otherwise buy you 8 PLEX ($140) worth only 280m each (total ~ 2.3b ISK). Use the Power of Two to create a 10-15m SP character and you can make over 5b ISK on one transfer (Total cost on Po2 US $70).
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Gekigami
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Posted - 2009.09.21 13:39:00 -
[2]
Edited by: Gekigami on 21/09/2009 13:39:43
If anyone has an alternative proposition on the subject of character sale values please comment. Here are some helpful facts for people new to Character trading:
Transfer Fee: $20.00 US
Required information: Receiving Account Name, Credit/Debit card information.
Power of Two: $50.00 US for 6 months game time.
Current PLEX values: 280m ISK
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Claire Voyant
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Posted - 2009.09.21 14:26:00 -
[3]
Have you forgotten the free 800K SP every character starts with? (I know it is now 1600K at "half-price" but it works out to be the same for this argument.)
So 4M SP for 1B is really 312.5 IPSP. (1000/3.2)
And 50M SP for 15B is really 304.0 IPSP. (15000/49.2)
So if your numbers are correct, higher SP character are actually slightly cheaper per skillpoint, which sounds right to me.
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Maestro Del'Tirith
Space Exploration
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Posted - 2009.09.21 17:41:00 -
[4]
 Originally by: Claire Voyant
Have you forgotten the free 800K SP every character starts with? (I know it is now 1600K at "half-price" but it works out to be the same for this argument.)
So 4M SP for 1B is really 312.5 IPSP. (1000/3.2)
And 50M SP for 15B is really 304.0 IPSP. (15000/49.2)
So if your numbers are correct, higher SP character are actually slightly cheaper per skillpoint, which sounds right to me.
They don't start with that much anymore.
-------------
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Mugster
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Posted - 2009.09.21 19:39:00 -
[5]
you only start with around 55k SP nowadays
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HillAnt
Amarr
The Society of Innovation
The Last Stand
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Posted - 2009.09.21 20:28:00 -
[6]
you get a 100% bonus until after the point that 100% has given you 800K worth of free points.
---
HillAnt corp website
for entrepeneurs |
Dretzle Omega
Caldari
Global Economy Experts
Stellar Economy Experts
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Posted - 2009.09.21 20:58:00 -
[7]
To the OP: So, good information and whatnot, but... what is the point to the post?
If this is true, then start farming characters yourself and make some good ISKies. Posting it on the forums only increases the likelyhood that others will notice and do the same, increasing supply of these characters, and if demand is not enough, then the price will drop.
Or are you hoping that people will do so so you can have more options (and thereby lower prices) for some characters you want to buy?
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Nadarius Chrome
Celestial Horizon Corp.
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Posted - 2009.09.21 23:42:00 -
[8]
Time can earn you money, but money can't earn you time. The time saved in buying a 50m SP character is worth more to the buyer than buying a (for example) 25m SP character and spending another year and a bit training it up to 50m. |
Neaira Hetaira
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Posted - 2009.09.22 00:14:00 -
[9]
Originally by: Dretzle Omega
Or are you hoping that people will do so so you can have more options (and thereby lower prices) for some characters you want to buy?
This.
Just don't reply to him and his post will eventually get buried. 
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Loney
CyberDyne R-D
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Posted - 2009.09.22 02:20:00 -
[10]
Originally by: Dretzle Omega
To the OP: So, good information and whatnot, but... what is the point to the post?
Signed!
..
Check out our Website in game or out!
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Brock Nelson
Caldari
Flux Technologies Inc
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Posted - 2009.09.22 02:40:00 -
[11]
Quite frankly, you missed a major differences between the 4m SP and 50m SP char other than the sp differences.
Time
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apostrophee
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Posted - 2009.09.22 12:05:00 -
[12]
Originally by: Neaira Hetaira
Originally by: Dretzle Omega
Or are you hoping that people will do so so you can have more options (and thereby lower prices) for some characters you want to buy?
This.
Just don't reply to him and his post will eventually get buried.
ah I see! posting to say I won't be replying.
I hate scammers
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Nimue Myrlyn
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Posted - 2009.09.23 11:26:00 -
[13]
Very economical.
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RAW23
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Posted - 2009.09.23 11:58:00 -
[14]
Originally by: Dretzle Omega
To the OP: So, good information and whatnot, but... what is the point to the post?
If this is true, then start farming characters yourself and make some good ISKies. Posting it on the forums only increases the likelyhood that others will notice and do the same, increasing supply of these characters, and if demand is not enough, then the price will drop.
Or are you hoping that people will do so so you can have more options (and thereby lower prices) for some characters you want to buy?
So cynical! Who can put a price on an interesting discussion?
[Just to preempt the obvious reply, contact me ingame for interesting discussions - 100mil/hour]
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Nimue Myrlyn
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Posted - 2009.09.23 13:34:00 -
[15]
Originally by: RAW23
So cynical! Who can put a price on an interesting discussion?
[Just to preempt the obvious reply, contact me ingame for interesting discussions - 100mil/hour]
I'd say this conversation is worth a cup of coffee and a bit of cake. Guy sounds like a public relations worker, "more happiness/involvement = more money" is kinda what I got out of this.
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Groamer
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Posted - 2009.09.23 22:01:00 -
[16]
Edited by: Groamer on 23/09/2009 22:01:56
The big question now is what to train for. Have done the calculations and this is very +iskish/+$
Power of 6 here I come.
Btw, is it possible to sell plex you have bought ingame for RL $?
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Femaref
Armageddon Day
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Posted - 2009.09.23 22:51:00 -
[17]
Quote:
Btw, is it possible to sell plex you have bought ingame for RL $?
possible? yeah. intelligent? no.
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Groamer
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Posted - 2009.09.24 11:08:00 -
[18]
Why is it not intelligent?
If you really take advantage of the powerof2 offer you can earn alot more then mentioned in this thread. And if you spend the isk you earn from selling chars on plexes you will have more plexes then you ever gonna need.
So might as well earn back the $ you spent on the power of 2 offer and sell the plexes for $.
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Mme Pinkerton
Caldari
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Posted - 2009.09.24 12:41:00 -
[19]
Originally by: Groamer
Why is it not intelligent?
'cause (hopefully) you won't be able to do this more than once.
" Credit is the economic judgement on the morality of a man. " |
Dretzle Omega
Caldari
Global Economy Experts
Stellar Economy Experts
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Posted - 2009.09.24 13:44:00 -
[20]
Originally by: Groamer
Why is it not intelligent?
If you really take advantage of the powerof2 offer you can earn alot more then mentioned in this thread. And if you spend the isk you earn from selling chars on plexes you will have more plexes then you ever gonna need.
So might as well earn back the $ you spent on the power of 2 offer and sell the plexes for $.
Because you will be banned. Because it is against EULA. Don't even consider it.
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RAW23
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Posted - 2009.09.24 13:49:00 -
[21]
Originally by: Dretzle Omega
Originally by: Groamer
Why is it not intelligent?
If you really take advantage of the powerof2 offer you can earn alot more then mentioned in this thread. And if you spend the isk you earn from selling chars on plexes you will have more plexes then you ever gonna need.
So might as well earn back the $ you spent on the power of 2 offer and sell the plexes for $.
Because you will be banned. Because it is against EULA. Don't even consider it.
Spoilsport [puts down popcorn and goes back to work]
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Geezelbub
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Posted - 2009.09.24 21:58:00 -
[22]
Character market is pretty flat ATM...be careful how much you count on selling characters.
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Nimue Myrlyn
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Posted - 2009.09.30 20:57:00 -
[23]
Are we allowed to use the Power of Two thing multiple times?
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Brock Nelson
Caldari
Flux Technologies Inc
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Posted - 2009.09.30 21:08:00 -
[24]
You can't do power of two to the power of two, that's like power of four, that doesn't make any sense...
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Tre Circuit
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Posted - 2009.10.01 13:25:00 -
[25]
Edited by: Tre Circuit on 01/10/2009 13:26:17
Originally by: Gekigami
Here's the deal:
I tracked the character market for a bit and after a while now it seems a pattern has emerged. A 4m SP character sells consistently for about 1b, depending on skills and desires of the buyer this varies to +/- 500m. Yet 50m SP characters consistently seem to sell for over about 15b ISK. On a simple ration scale, 1b ISK for 4m SP character works out to 250 IPSP (ISK Per Skill Point). On this scale, a 50m SP character should then be worth 12.5b ISK, yet they consistently sell for more. Factoring in the $20 dollar transfer fee should equate to about another 350m ISK, but where does the rest come from?
You are also forgetting 2 other factors. A 50m SP character will have had to spend quite a bit of ISK on skillbooks that a 4m SP character wouldn't even come close to, and the cost of keeping an account active for the time it takes to get to 50m SP.
My 2 ISkies
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