Science & Industry

I'm not a total noob but only 5 months I think or 6 into eve online. I'm wondering on what I should start building ship wise and other things too to make some serious profit. I need ideas on what to do so I can start producing isk at a faster rate.

Okay but what type of ammo drones and rigs should I go for? I need specific ones to maximize my profits

My advice is:
1. go to a trade hub (Jita, Amarr, Dodixie, Rens)
2. open market and observe some T1 items noting what items sale a lot (so you won't produce something noone uses)
3. go to https://www.fuzzwork.co.uk/blueprints/ and see which of your chosen items are profitable
Above steps can be also automated* using spreadsheets, API queries and optionally MySQL database.
*this automation requires a lot of preparation and research

You'll be surprised that a lot of items (most T1 ships for example) can't be produced with a profit at all - by buying materials and selling finished products.
And if you had materials already you'd earn more by just selling materials.

Next step will take some more time, you need to buy Blueprint Orginals and research them to increse ME/PE or buy researched ones on contract - you decide.
To research Material Efficiency on BPO use either:
- low sec station - shorter wait time (a week or two before your job starts) but risky (other players can shoot you),
- high sec station - longer wait time (3-4 weeks), much safer (but don't carry expensive BPOs in a fragile ship or other players will gank you).
For Production Efficiency, there are free slots in high sec.
If you have resources you can of course set up a Small Caldari POS: https://forums.eveonline.com/default.aspx?g=posts&m=4373307#post4373307

Then you have to decide where are you going to manufacture. For choosing a system take into account:
- number of jumps to a chosen trade hub - this is really important for hauling materials and produced goods,
- number of manufacturing slots available,
- how used are the slots (is there a lot of competition?).

Logistics is another topic.
Do you want to haul materials and products by yourself? Be very careful, anything above 100M in an industrial ship will probably get you killed (by gankers).
Consider courier corporations - Red Frog Freight and Push Industries (join in game channels "RF Freight" and "PushX"), they're great for moving large volumes.

Good luck!

I'm not sure who you were replying to but anyway.
Using spreadsheets in connection with eve-central prices (Jita) I arrived at following conclusions:
- there are 53 T1 ship hulls (out of around 100) that give positive ISK/h at the moment,
- only 11 give more than 100 000 ISK/h (assuming materials bought at sell price and products sold between sell and buy orders).
My chosen amortization period of BPOs is 6 months.

I factored broker fees and transaction tax. I didn't factor manufacturing line cost.
I'm not sure how my post was received but I was trying to tell that ship hull manufacturing is not the best idea at the moment.

I agree. I was just surprised it was as "profitable" as you indicated. Last time I bothered to look, things were much worse.

lol

pretty much everything is better than ships. expensive BPOs, months of research, 300k ISK/hr, too much freightering involved. meh.

many better ways to make money out there.

oh, and those few exceptions that are profitable today: check again tomorrow.

i have no idea what those values are based on. the ones i get from IPH are better than that. it's hardly ever a good idea to sell to buy orders, so you need to take sell orders as a reference. with that, you get quite a lot that are above 300k ISK/hr. does not make them any better though. fuelblocks fluctuate between 500k and 1.5m ISK/hr and never crash below material cost




yes

Step 1 is to make sure it is profitable.

Step 2 is to make sure there is room in the market for your sales, and that you can sell in a reasonable amount of time.

No point in building a profitable item that is hard to sell.

Alright, let's bring some actual numbers into this:

http://imgur.com/mK0NkjS

Battleships, good BPO/BPCs, minerals bought via buy orders, ships sold via sell orders.

That window looks like you REALLY should start building Hyperions, however, you first need to look at some other values.

Let's check the market for Hyperions:
http://imgur.com/GldxDhD

what does that tell you ? today, hyperions are spiking and at 220m ISK. a price of 200m ISK is a more reasonable price you need to expect at the moment of your sale. people are really good at driving down the margin. they panic and try to sell ASAP to catch it, driving down the margin by undercutting deep. some people have access to "free" minerals and don't care about the current price and sell at whatever they consider a "nice" price. a reason to be very carefull about making and selling hyperions.

what else do we know about hyperions ? is there a hyperion doctrine out there ? where lot's of them go pop ? nope. there is not. you can check zkillboard. Hyperions are solo/smallscale boats that never die in huge numbers. that is a reason why you may not want to sell them (in jita)

back to my first screenshot. the SVR value is interesting. it tells you how long it's gonna take you to build the daily turnover for the jita market (in the screenshot, it's the daily average over the last 7 days). An SVR value of 3.64 for hyperions tells you that you need 3.64 production lines running 24/7 to cover everything sold in jita. that's not very much. with 7m ISK/hr you can expect a lot of competition for a market with very little demand. do you really consider this a good market ?

Last, but not least: the Hyperion Alliastra Edition. That ship explains a part of the demand. people buy it to have it in their hangar, not to go out and lead it to a glorious death. The demand is a one time thing and not constant. Does that sound lucrative in the long run ?

Last but not least: Transport. You need two Freighters for a 1 day batch of battleships. That's a lot of work. You can't even go #yolo and put everything in one freighter, it simply won't fit. Does that sound like fun ? 2 (1.8 or so if you run it 24/7) freighter roundtrips per 24 hours. For Fuel Blocks, it's one Roundtrip every 3 Days. Yes, you can pay Red Frog or PushX to do the work for you, but it may take a while (during which you are not generating wealth) and it's gonna eat your margin.

I made Abaddons, Rokhs, Hyperions and Maelstroms a few days before the patch and sold them for absolutely crazy prices, but that was a one time thing.

TL:DR:

don't make ships for jita unless you are really sure that you can be online all the time for freighter runs and undercutting.