Ginger Barbarella
Caldari Provisions
Caldari State
336
   |
Posted - 2012.12.17 15:04:00 -
[1] - Quote
1) Don't sell below market VALUE. Don't confuse COST with VALUE (I'm looking at you, S&I)
2) Value your time as YOU see fit, not what the goosesteppers here insist you value it at.
3) Making 10 isk per unit more for hauling your stuff 20 jumps to an optimal market is stupid (ie, "opportunity cost" crowd)
Your wallet is what matters. If it goes up consistently you're not doing it wrong, free minerals or not.
Fly Minmatar Air --- "Trust in the Rust!" |
Ginger Barbarella
Caldari Provisions
Caldari State
341
|
Posted - 2012.12.18 18:45:00 -
[2] - Quote
Kiger Wulf wrote:
Now, I have a question for the group, do you set your prices based on YOUR cost or based on where the market is? I am currently attempting to set my prices where they are both profitable and movable. There is a place where those two lines cross, I'm certain, and I'm trying to hit it. I'm not lowering my prices because I'm not calculating minerals into some of the equations, I'm using the market to dictate my prices (too low and they move quickly, but not much profit; too high and the profit is greater, but they don't move as quickly).
I'm not going to presume to tell you what you SHOULD cost your stuff at, I can only tell you what works for me and makes my wallet grow.
The "cost" I use in my calculations is whatever my ACTUAL ("accounting") COSTS are: if I bought Hypersynaptic Fibers 6 months ago and got a killer deal on them and still use them to build Thermonuclear Triggers for my ACs and drones, then that is factored into my ACTUAL COST for those final products. However, if there has been a significant shift upward in the price for hypersynaptic fibers since I stocked up I'll use THAT as a factor in the VALUE I set for those final products (yes, I track that stuff, since I build all my own components). I never--- NEVER--- sell something (like 425mm ACs) below the VALUE I determined for that item in my market (unless I'm dumping stock to get out of an item to move on to something else). I NEVER price based on buy orders, since buy orders tend to be well below what *I* want to make for an item: I will always undercut local market if I'm still making money on something. We're here to make money, not donate to capsuleers, but we're also here to have fun (it's a game, people).
And I never sell in Jita. Ever. Period.
Edit: Oh, and I price based on local (regional) market. Don't care what it's selling for in Jita if I'm 25 jumps out of Jita.
Fly Minmatar Air --- "Trust in the Rust!" |