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Austin John
Gallente Rapier Industry and Technology
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Posted - 2009.11.03 05:22:00 -
[1]
In your opinions, would it be a good investment to purchase a good Retriever or Covetor BPO?
What are the pros and cons? How hard would it be to take advantage of them? etc; etc; etc; Just give your .02 isk on the subject.
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cosmoray
Bella Vista Holdings Corp
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Posted - 2009.11.03 05:28:00 -
[2]
Both crap
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Austin John
Gallente Rapier Industry and Technology
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Posted - 2009.11.03 05:47:00 -
[3]
Originally by: cosmoray Both crap
Care to explain why? Too much competition?
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quygen
Minmatar Acting Neutral
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Posted - 2009.11.03 07:41:00 -
[4]
Well I can't explain either, but I'm guessing he is saying that because he IS your competion 
Q
Please resize your sig to a maximum of 400 x 120 - Mitnal
^ You seen it CCP =) Now go fix! |

Signore Kaeota
Caldari Caelum Incognitum
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Posted - 2009.11.03 09:39:00 -
[5]
How about this, write up a business plan, do some research, and if you still don't know then come back and ask us.
-_-_-_-
I, Signore Kaeota, hereby apologise for any and all offence caused by the contents of this above post, and all others that I have written, or otherwise been responsible for.
-_ |

Roguehalo
Caldari Kimoto Innovations
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Posted - 2009.11.03 10:02:00 -
[6]
This is the kind of question where if you have to ask it the answer is no.
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Dretzle Omega
Caldari Caldari Navy Volunteer Task Force
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Posted - 2009.11.03 15:27:00 -
[7]
Originally by: Roguehalo This is the kind of question where if you have to ask it the answer is no.
Or maybe he just didn't do his own research and posted quickly. The answer could be yes (I honestly don't know).
Do the research, find the prices, find how much profit you can make (if any) from producing, or making copies to sell to inventors, perhaps.
Unless you have a more in depth question than that, I don't think you'll get a more in depth answer here.
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Austin John
Gallente Rapier Industry and Technology
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Posted - 2009.11.03 15:57:00 -
[8]
Ok ok ok, more precise question.
If I produced them at full capacity, would they all sell at a profit with much ease???
Second, If I made copies at full capacity, would they sell fast enough????
Is there demand for Retriever bpc's?
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Austin John
Gallente Rapier Industry and Technology
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Posted - 2009.11.03 16:06:00 -
[9]
Originally by: Signore Kaeota How about this, write up a business plan, do some research, and if you still don't know then come back and ask us.
I already have put a lot of research into it, I just don't know how well the market is for it, and I don't want to waste my money and THEN find out the market isn't taking my products.
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Stupid McStupidson
Gallente Hoek Lyne and Sinker
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Posted - 2009.11.03 16:30:00 -
[10]
So you've done a lot of research, and yet have no idea what the market supports in sales?
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Dretzle Omega
Caldari Caldari Navy Volunteer Task Force
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Posted - 2009.11.03 16:43:00 -
[11]
Originally by: Austin John
Originally by: Signore Kaeota How about this, write up a business plan, do some research, and if you still don't know then come back and ask us.
I already have put a lot of research into it, I just don't know how well the market is for it, and I don't want to waste my money and THEN find out the market isn't taking my products.
The information is there for the answer you are looking for. I don't have access to Eve, atm, or I might give you some more hints.
Originally by: Stupid McStupidson So you've done a lot of research, and yet have no idea what the market supports in sales?
As this post would leave you to believe, you can look at the market to see sales data. Search for Retreiver or Covetor, for example. Look at the Market Details page of the market for these items. You will see many buy and sell orders.
There is a tab labeled Price History. Click it. You can see a graph of how sales went. There will be a line tracking any drastic rises and falls in the market. There's green bars on the bottom indicating how much volume these items sell at. You can change the graph to show different periods of time (the last 3 months versus the last year, for example).
There is a button on the bottom labeled "Show Table". Click it. Here you will see the same information in table format, showing per day how many units sold, how many orders it took to sell that amount (buy and sell orders), the lowest price that sold and the highest prices that sold that day, as well as the average price. This will give you an idea on volume and the average price might help tell you if more of that volume is in buy orders or sell orders. You can also see history here that might tell you that these items sell better at different times of the week or month, for example.
All of that data is region specific only. Likely you'll want to sell in a market hub or, if you're feeling adventurous, do more research to find where the items are used and sell there. Covetors might sell well in low sec, for example, as people may be more willing to mine in a cheap covetor than an expensive Hulk there. This you will have to discover from testing the market yourself after producing, and there's the added risk of getting stuff to the low sec stations. But selling in a trade hub should be relatively safe.
Keep in mind that there will be other people buying/selling/producing here as well. These people are who are creating the history data for you after all. So when checking the volumes per day, for example, don't imagine that you can produce and sell at that volume each day. Judge by the average how many might be buy orders and also keep in mind that if you try to become the only producer/seller of that item other producers will probably drop their prices and run you out of the market, perhaps even lower than you can go as undoubtedly their skills and research on their BPs are better than yours. Or else they could buy one from you, find out who you are, and declare war on you; I don't know how likely that one is.
So you'll be looking to produce a fraction of what your local market can sell.
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cosmoray
Bella Vista Holdings Corp
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Posted - 2009.11.03 16:49:00 -
[12]
OK, a path for you.
1. Find out how much Covetor BPO costs to buy 2. Find out how long it will take you to research to correct ME to make manufacturing worthwhile. 3. Calculate your mineral cost for making a Covetor 4. Pick a location near Jita to manufacture 5. Work out how to get large amount of minerals to manufacturing base and Covetors' back to Jita 6. Work out selling price of Covetor using market interface 7. Calculate net profit per ship 8. Multiply net profit per ship times number of runs in a month 9. Calculate return per month (monthly net profit / BPO cost)
If you come up with an answer that is not crap, send me an eve-mail.
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Claire Voyant
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Posted - 2009.11.03 17:04:00 -
[13]
Originally by: cosmoray OK, a path for you.
Here's what I always do. Just buy the BPO, make some ships, and sell them and see if you have more isk than you started with.
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SetrakDark
Caldari DarkCorp Technology and Finance
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Posted - 2009.11.03 17:12:00 -
[14]
Originally by: Claire Voyant
Here's what I always do. Just buy the BPO, make some ships, and sell them and see if you have more isk than you started with.
Mine all the minerals yourself for extra profit.
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Alyks
Minmatar Applied mathematics
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Posted - 2009.11.03 20:16:00 -
[15]
Is it a good investment? It can be.
Running some quick numbers: Assuming you buy a ME/PE 0 Covetor BPO for about 2.3B (Jita contract), then you can make roughly 7% profit building buying/selling at Jita prices.
To be honest, unless you're looking for a very long term investment i wouldn't recommend it. The initial capital (BPO purchase, Research) you have to pour into the venture just dosen't seem worth the output in the short term - you'd be better off buying BPCs.
If you were looking for a long term investment, then yes you certainly can make money off it - not only from building but also from copying and selling the BPCs.
And..
Quote: Mine all the minerals yourself for extra profit.
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Austin John
Gallente Rapier Industry and Technology
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Posted - 2009.11.03 22:28:00 -
[16]
I've made my decision, thank you everybody!
Hope things go well...
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