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sell as is, or refine to mins first?
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Xray Nova
That's How We Roll
#1 - 2013-02-18 04:10:35 UTC
i found a niche and the result is many items that were purchased for ~50% sell order value. Compared to build price, sell order price is like 10% higher.

I'm struggling with the logic behind whether to refine the items to minerals, and sell off for isk that way, or post the items back up for sale at competitive sell price and wait for the module to sell.

Current approach has been to relist the items as-is at the sell order prices and wait to sell. Trying to optimize the process, and this refine option was under consideration. The items don't move very fast (in either the buys or sells), but it's my little corner of the market, and it's done well for me.

So, refine and sell mins and sell prices, or keep it whole and sell items on market at a slower rate.
Mika Talus
Dirty Dabblers
#2 - 2013-02-18 12:18:20 UTC
Given a choice between only those two options, I'd probably work out how profitable each option was in terms of ISK per day and go with the one which paid more.

Of course, this ignores how much of your time is needed babysitting orders and whether or not there are better uses of your ISK outside of the niche you've found.
flakeys
Doomheim
#3 - 2013-02-18 12:56:30 UTC
What you are doing there basically is how i started trading.At the time the lootdrop also was a lot higher so i liked my first experience with trading.


Now onto the qestion i allways reprocced it.Got perfect reproc and hauled it to a station a few jumps from jita where i had good standings.Just set regional orders and only pick up the big locations.At first that was twice a week and after 2 months i only needed to do it once a month.ONly downside there is when you decide to close shop it'll take you a huge time investment to pick it all up.

Alternative haul it all to jita and list at a 10 % below reproc value wich will ensure a fast sale.

We are all born ignorant, but one must work hard to remain stupid.
Arronicus
State War Academy
Caldari State
#4 - 2013-02-18 13:06:18 UTC
If you consistently get them at the low price, without competition, that is likely their true value. I'd check the refine value, and if theres a profit to refine, do so. Some items however, do not refine for much at all. (much meta gear). You might simply be buying junk items up
flakeys
Doomheim
#5 - 2013-02-18 13:41:12 UTC
Arronicus wrote:
If you consistently get them at the low price, without competition, that is likely their true value.



The competition in the days when lootdrop was MUCH bigger wasn't big so i can only assume these days it's even lower on competitors

We are all born ignorant, but one must work hard to remain stupid.
Xray Nova
That's How We Roll
#6 - 2013-02-19 05:01:48 UTC
I appreciate the feedback. In this case the items are all T1, and the reprocessing value is above the buy order price by more than my poor refine skills lose to inefficiency and waste.

i'll continue to dig deeper into the calculations to determine the optimal breakpoints in reprocessing vs. selling the modules.
Bugsy VanHalen
Society of lost Souls
#7 - 2013-02-19 15:22:00 UTC  |  Edited by: Bugsy VanHalen
Xray Nova wrote:
I appreciate the feedback. In this case the items are all T1, and the reprocessing value is above the buy order price by more than my poor refine skills lose to inefficiency and waste.

i'll continue to dig deeper into the calculations to determine the optimal breakpoints in reprocessing vs. selling the modules.

Get your refining skills up and then buying and refining becomes very profitable. I assume you are running out of missioning systems, as in Jita any item, no matter what it is that appears on the market below the value of its refined minerals sells in seconds.

refining 5, refining efficency 4, scrap metal processing 3 will give you a perfect refine at a 50% station.

If you would rather train refining efficiency to 5 than train metallurgy 5 (the prerequisite for scrap metal) then adding a 3% refining implant will give you 100% refine at any 50% station. But of course you then also need good standings at the station you chose to refine at.
Buying
Center for Advanced Studies
Gallente Federation
#8 - 2013-02-22 01:57:09 UTC
Bugsy VanHalen wrote:


refining 5, refining efficency 4, scrap metal processing 3 will give you a perfect refine at a 50% station.

If you would rather train refining efficiency to 5 than train metallurgy 5 (the prerequisite for scrap metal) then adding a 3% refining implant will give you 100% refine at any 50% station. But of course you then also need good standings at the station you chose to refine at.

Scrap Metal Processing requires Refining Efficency 5.

Refining 5, Refining Efficency 5 and a 2% Beancounter Refining implant will give you a perfect refine at a 50% station. Saving you training Metallurgy 5 and Scrap Metal Processing 1.

Might even be able to use a 1% implant now if the fix in the retribution patchnotes fixes the 100% refine not actually being 100% (haven't tested it).
Bugsy VanHalen
Society of lost Souls
#9 - 2013-02-22 14:20:47 UTC
Buying wrote:
Bugsy VanHalen wrote:


refining 5, refining efficency 4, scrap metal processing 3 will give you a perfect refine at a 50% station.

If you would rather train refining efficiency to 5 than train metallurgy 5 (the prerequisite for scrap metal) then adding a 3% refining implant will give you 100% refine at any 50% station. But of course you then also need good standings at the station you chose to refine at.

Scrap Metal Processing requires Refining Efficency 5.

Refining 5, Refining Efficency 5 and a 2% Beancounter Refining implant will give you a perfect refine at a 50% station. Saving you training Metallurgy 5 and Scrap Metal Processing 1.

Might even be able to use a 1% implant now if the fix in the retribution patchnotes fixes the 100% refine not actually being 100% (haven't tested it).

Thanks for the correction. i knew scrap metal processing required metallurgy 5, but did not realize it required also refining efficiency 5. it has been so long since i trained them, and I have metallurgy 5 on all my characters for research purposes anyway.

What I am interested in testing is how this "change" will affect refining at a 35% facility. I know that with refining, refining efficiency, and the ore specific skills all trained to 5 you could get very close to 100% refine at a 35% facility. perhaps now with a 5% refining implant you might be able to reach 100%.

This is not a big deal in high sec as 50% stations are easy to find, but in SOV NULL, outposts are often only 35% at best.