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If you wanted to sell your goods, from anywhere, what % cut would you take to do so?
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Elizabeth Naerth
Tactical Feed.
Pandemic Horde
#1 - 2013-03-26 00:03:41 UTC
Im trying to figure out something which has been plauging me for awhile now. I am trying to figure out a price calculator for starters working on Minerals and Asteroids.

My question is this: what price would you pay to just sell your goods if you didnt have to worry about calculating prices, hauling, or ANYTHING like that.

For the case of minerals. I was going to find the lowest price in The Forge/Heimatar....... and that was going to be the base price of my minerals, less a fee for it not being at a trade hub. That fee was just going to be a % of the bill.


Right now, i am using a 20% model, so it will find the lowest price of all minerals in both Rens and Jita, and then subtract 20% of it.


MIN_PRICE = lowest sell order price in Jita AND Rens... so if jita sells for 5 and rens sells for 4.5, Min price is 4.5
Price = QUANTITY * MIN_PRICE * 0.8;

is 20% too much? Should it be 10%?

Should i adjust it to be based on buy orders (as there could be a > 20% gap between Sell and Buy orders for the particular item?)

Im trying to determine a range which is fair for you to just create a contract, copy + paste some data into a web app, and it will spit out the price....
Candy Oshea
Techfree Investment Group
#2 - 2013-03-26 01:22:03 UTC
tried buy orders?

seems like a complex way to gather hi-sec stuff is all.

iCandy  - I have accidently swallowed some Scrabble tiles, my next shit could spell disaster!
Elizabeth Naerth
Tactical Feed.
Pandemic Horde
#3 - 2013-03-26 03:52:03 UTC
thats not the point.

I already have this application running, but i feel i need to tweak it.

It does this:
You create a contract.
You say who you are setting it up to.
You select all the contents you want in the contract.

You will then COPY + PASTE it into the web app. (When you are selecting contents, press CTRL+A then CTRL+C)

the web application fetches all the CURRENT prices in Heimatar and The Forge. Finds the lowest Sell order of the bunch, THEN multiplies that by .8 (giving the 20% fee i was say).

The web app creates an itemized reciept of what the prices were at that snapshot in time with my 20% discount added in.... and a total PRICE which is what is set as the Amount of ISK you are to set the contract for.

The app itself is done, I just want to tweak it to make it more usable. Should i be doing something like 10% instead of 20? Should i broaden the search to more regions, or narrow it down specific to jita/Rens? Should i look for the highest BUY ORDER price instead of the lowest sell order price?
Candy Oshea
Techfree Investment Group
#4 - 2013-03-26 05:48:03 UTC
why would anyone go through all that hassle to sell there crap, for probably less that the region buy order.

It doesn't really matter which % you use, i'm guessing anyone lazy enough to use this "service", wont care how much they are being lowballed, as they are probs in nullsec & just "need isk".

iCandy  - I have accidently swallowed some Scrabble tiles, my next shit could spell disaster!
Elizabeth Naerth
Tactical Feed.
Pandemic Horde
#5 - 2013-03-26 06:13:21 UTC
Candy Oshea wrote:
why would anyone go through all that hassle to sell there crap, for probably less that the region buy order.

It doesn't really matter which % you use, i'm guessing anyone lazy enough to use this "service", wont care how much they are being lowballed, as they are probs in nullsec & just "need isk".


Because it would be higher then the region buy order in nearly all cases.
Tom Hagen
Twilight Empire
#6 - 2013-03-26 08:14:02 UTC
I like the idea you have of getting people coming to you to sell their stuff.
I don't know if it is a viable one thou. If you want goods, why doesn't you put up regional buy orders. As stated by yourself at a lower price?
Another problem is how you are planning to promote this service. In the end you might put in a lot more effort in marketing this then it is to just set up buy orders.
And lastly, the people using your service are probably close to stupid in my opinion :-P so you might as well keep 20%.

An idea is to let people sign up on your page and get a returning customer discount or something like that.
Tom Hagen
Twilight Empire
#7 - 2013-03-26 08:21:39 UTC
At times I can read something have an opinion, I will start out writing a reply and my mind will just wander and the fingers will just write. When I have posted and reread what I just wrote I realize I have just repeated what basically anyone else said (sorry Candy :-P)

What I started thinking about and what led me to say anything at all was this
Tom Hagen wrote:
I like the idea you have of getting people coming to you to sell their stuff.

The rest is just observations that Candy already more or less pointed out :-P
Elizabeth Naerth
Tactical Feed.
Pandemic Horde
#8 - 2013-03-26 13:53:18 UTC  |  Edited by: Elizabeth Naerth
In my mind you have this:

Item sell orders @ 100isk , 80, 85, 70 isk respectively.

buy orders are @ 5isk

I would then with the application make an automated offer to buy their entire stock at:
56 ISK each. <---- lowest(RANGE)*.8

that means that the client would make 51 isk profit using my application.

Sure people could use regional buy orders, but it isnt necessary to have a BO up for every possible item in game for every region.

This app covers that as well.

Thats what i was thinking of.. I can market it no problem and get regular users. I am just trying to get opinions to see viable options.

If i modified the appl, it would make it so that it would offer better prices then the Buy Orders.... Example: 6isk, but you are still looking at every item @ every region. It would take a long time, and multiple toons to set, update and maintain those orders.

This makes it easy as click-click-click. instead of 4 hours of updating.
Mark Reis
A Blessed Bean
Pandemic Horde
#9 - 2013-03-28 16:14:31 UTC
this sounds like an ore buyback program. You work under someone and they buy the ore off of you at 90% jita prices.
Elizabeth Naerth
Tactical Feed.
Pandemic Horde
#10 - 2013-04-08 20:15:51 UTC
I guess it is an ore buy back program. It so far has gotten some business and works pretty well.
Felicity Love
Doomheim
#11 - 2013-04-09 00:12:06 UTC
Sliced Bread. Check.

Wheel. Check.

Trying to reinvent the Market... Roll



"EVE is dying." -- The Four Forum Trolls of the Apocalypse.   ( Pick four, any four. They all smell.  )
Elizabeth Naerth
Tactical Feed.
Pandemic Horde
#12 - 2013-04-11 18:20:32 UTC
Nothing is wrong with that if it allows people to vendor stuff and not have to worry about logistics of moving it to Jita.

NOW, i could rewrite it such that it will take the contract.... charge it jitas prices - hauling fees, but that would not be beneficial to smaller volume people who just want to sell like 10 items from 20jumps from jita.

I was trying to find a way for me to give the little man a way to make good money. ;)
voetius
Grundrisse
#13 - 2013-04-11 20:25:10 UTC
if you are seriously thinking of doing this you should think about what items you don't want to buy. It's easy to manipulate prices on some things.
Arronicus
State War Academy
Caldari State
#14 - 2013-04-12 23:12:18 UTC
Elizabeth Naerth wrote:
In my mind you have this:

Item sell orders @ 100isk , 80, 85, 70 isk respectively.

buy orders are @ 5isk

I would then with the application make an automated offer to buy their entire stock at:
56 ISK each. <---- lowest(RANGE)*.8

that means that the client would make 51 isk profit using my application.



THIS is why your entire plan is flawed.

You are brainstorming this idea, with the assumption that people are selling their supply, to the 5isk buy orders,w hen the true value is roughly 60 isk. Clients who are about that extra 51 isk per unit, are just going to sell to the buy orders in the first place. If you want their product, put up a buy order at 6 isk. Then you make 54 isk profit, and they make a 20% gain, which is win win. The people who actually have enough of a brain to even notice your application, are already selling their product for 70 isk, or moving it themselves to the nearest tradehub, where they can unload it somewhere near the true value.