EVE New Citizens Q&A

Hello!
So i've been a miner this whole time and I really enjoy what I do. I recently achieved some BPOs and started manufacturing.
I heard you can make lots of money out of it but it doesn't feel like it atm.
Do i need to sell my things in a special manner?
Are there rules and tips&tricks I need to know?
Thanks in advance!

Will going in a system with lots of ppl and selling my items there for like more than in Jita do the trick?

The first thing to understand about industry is that the most important thing you do is trade.

Trading turns your work into ISK.



Start off with some ammo and shuttle BPO's. They're cheap, easy to make and you can use them yourself.

Practice doing the material and time research on them, then make some stuff and try to sell it to get a feel for how the market works.

That's all just for practice.


When you get serious - you want to do some research in your area and see what things are going for on the market. Note the difference between the local prices and what things sell for in the trade hubs.

If you find a region where a particular Item is being sold for much, much higher than the trade hub price - then that has potential as you've room under the ceiling your prospective competitors have established to make some money.

Find a market for your products BEFORE you decide to build them - NOT - afterward.

Keep aware of the market for your products and know if & when it changes - something that was a good idea can be ruined if to many people start doing it.

As above - know the mineral value of what you're making. Would it have been more cost effective to have simply sold the ore/minerals than to make something out of them?

Also - know when to buy your minerals and when to mine them yourself. There's something called Opportunity Cost that you'll hear bandied about. This is pretty much - what else could I be doing with my time that would make me more money? Many Industrialists buy their minerals because mining them is more time consuming and they've better things to do with their time. But - there the question is - do YOU really have something better to do with your time? For the starting industrialist the answer is often NO.

Another factor here is - do you want to sell to someone's buy order or place sell orders yourself? Essentially, selling to someone's buy order - gets you cash now while placing your own sell order may take longer but get you more cash in the long run. If you can take cash now - and use that to improve you productivity - then that may well be worth doing. If you don't have an immediate need for the money - then taking your time and getting more out of your goods might be a better choice.

Do you want to haul your stuff to market or sell it locally? What's it costing you in time to haul it vs. what could you make and how much could you sell locally? Often times, what a trade hub gives you is greater volume of sales but at lower prices because you have much, much more competition. Here - can you sit at your computer and play .01 ISK games with the other guys and keep under bidding them - or would you prefer a less active market with less competition?

Remember - in EVE - you don't sell things - you place bids. Low Bid Always gets the sale. Even if you try to buy something from someone who is not the low bidder - you will get the low bidders goods - though at the price you selected to pay. Conversely - if you are placing Buy orders - the high Bid gets the buy.

Spread sheets help if you know how to create them. Make a set of cells for each of the minerals - then plug in the values that these minerals cost you. Have a set of calculations for each thing you make that references those cell prices for the minerals that it uses. Changing the values in the mineral price cells can tell you what price you would need to get a particular mineral for to profitably make something. Also include a calculation showing what you could get for simply selling the minerals it took to make that item. Update the mineral prices each time you do a production run to see if what you're doing is still profitable. Be aware of which prices you decide to plug in and how that is going to effect your calculations.

Also, it helps to understand how long it takes you to do something and what else you could have been doing with that time. If you can improve your efficiency so it takes you less time to do something then you can make things more profitably.


But - don't forget - this is a game and what you're doing needs to be fun. If you're really anal retentive and just love making spread sheets that calculate out each fraction of an ISK you're making - then that can help. Just don't bull **** yourself about how accurate your figures are when the theory they are based on is compared to the reality of what you're actually doing in the game. Results are only as valid as the data they are based on. Be aware that you will see other players throwing around ISK/Hr. figures that are probably bull ****. Don't pay any attention to what they claim - but do understand what your own productivity is. Do however listen to what other players are doing to increase their own productivity. It may or may not be yielding the figures they quote - but if it helps you do better - then it's worth looking at.




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Just do missions in HS/incursion in HS. In terms of your work per hour they are the best, take very little knowledge and yield the most active income in the game. Hey it beats Low sec and is with par with most 0.0 things. So hey fly safe, just don't do dumb things and you will pull in a great amount of isk compared to a lot of other things in eve.