Market Discussions

Hi Guys,

I am looking for some advice.

I have been buying up BPO of ships (mainly frigates/ destroyers/cruisers), modules and ammo whilst training the skills required to make get the most out of the manufacturing process.

I then plan to sell the output on the market to get some ISK. With the new changes made to manufacturing is this a valid way of making money?

Cheers

You will need max researched BPOs for one
Manufacturing is still profitable as Daniel Plain just stated - run the numbers and work out the profits

Thanks for the advice, I have been doing some calculations and I will need to further my skills to make profit, so it will be a few weeks before I really start manufacturing. No point in making losses.

Hello!

I have made billions manufacturing and selling in empire. The manufacturing process is easy..........the time studying blueprints and the market can get tedious. You want your manufactured items to sell quickly, not sit on the market forever.

https://www.fuzzwork.co.uk/blueprint/


That is my favorite tool to see profit on any item you can build. It was just recently upgraded to reflect the Crius changes. The owner still has some more work to do on it but it is fully functional. You can factor in your skills and research levels of a blueprint and get very accurate results. After finding profitable items I then look at the market history to make sure they will sell.


http://wiki.eveuniversity.org/Industry

That page was also recently updated and does a good job explaining everything indy. Good luck, my fellow industrialist!! -chuk

Thanks for the advice on Tech 2 BP. I will take a look at them. In regards to the tools it will come in handy for working out profits.

I intend to mine all the minerals which will cut out that cost. I have already started to stock pile what i need for future runs.

I've been away for a while but manufacturing always has been and always will be a good way to make money in EVE. Much of the economy is player driven and the prices and profit margins of items on the market often approximate how a real world economy functions. I make all of my money with manufacturing (and I have made a LOT of it) because I hate the "rat grinding" game. Rat grinding takes away all of the joy of the game to me and makes it seem like work, whereas mining and manufacturing fit much more into the context of the game and fit my personality better. YYMV, that's just how I roll. Personally, I think if you're just into "easy money" that the "fastest" isk can be made by joining a null-sec alliance and ratting in some backwater system.

That said, in terms of isk per hour, there are number of activities in EVE that make (at most) about 100mil isk per real-life hour and manufacturing is one of them. In order to not waste your time, however, you must pay attention to the basic heirarchy of goods.

1) Minerals and other commodities determines the price of whatever you're making. For example, if you decide to make....say.... a shuttle then it dosn't make any sense to spend time (and isk) making a shutltle if you can't sell it for more than the isk value of its component parts.

That sounds obvious but you would be AMAZED at how many people voluntarily manufacture items for a "loss". A loss is relative in this game because it means making less so I guess if it makes you feel happy then whatever but it *is* possible to take big hits on isk and time with stupid investments, so you need to do your homework. There is some software out there that can help ease the burden of crunching all the numbers yourself (evehq, for example) but even at that you need to be careful to use them wisely.

1b) WHERE you sell is as important as how much you sell. For example. I made a lot of void and null ammo when I was in a major nullsec alliance in Gurista's space (where it makes sense to shoot it at the rats). In Jita I could sell it for about double what it cost me to make it IIRC and in my null-sec area I could sell it for 8x what i cost me to sell it. What I did is to put it on the market hub at 6x what it cost and other people would buy it and move it to more remote stations and ask 8x. So basically I could move everything I was able to make at 6x Jita cost whle other "middle men" were able to move it around (doing a lot of the time intensive work) and make their share too. Win/win/win. Ratters have their ammo. I make my 600% as a major manufacturer and people who do distribution/retail make their profit too.

2) If you want to really get ahead at the manufacturing game then don't expect it to be "easy money". In order to make money you have to have 2 things. (1) money -- yes, in order to make money you have to have money and (2) patience. Sometimes a LOT of patience. You can't always sell what you make for the price you wanted on the day you make it. You might have to wait a week, a month or even as whole season to get your profit. If you need to circulate your money at a high velocity to keep your wallet full then you need to be very picky about what you make. Manufacturing is not a high-velocity sport. If high-velocity is more your style then you need to get into arbitrage trading. I made a lot of money with that too but It's a game that requires constant attention and daily hours online.

3) your characters will need skill. In comparison to ratting, the skill set needed for manufacturing is very limited. However for the logistics, you'll need (jump) freighters, cyno pilots, miners, command skills, science skills, at least one massively skilled PVP player to get you into a major null sec alliance. Also, since logistics are slow in eve, you'll need... patience. I ended up getting corrupted by this. I put a couple of 80mil sp pilots into a nullsec allience to have access to their market and ended up FC-ing and loving it. These days all my manufacturing is focused on keeping my pvp pilots flying.

so yeah, that's the tip of the iceberg. with decication, training characters and patience you can turn the manfacutring game into a cash cow. However, if you're looking for easy money then you'll be better off with mining or ratting because both of those activities translate directly into isk for time and don't require any more planning than undocking and shooting at stuff.

T-

LOL

Thanks but i will just keep on the manufacturing and mining.

Even with an unresearched BPO you "could" make profit on whatever you sell.

It all depends on where and how much you sell your product for. I recommend not selling for under the production cost.

Ok that makes sense. I am planning on using nearly all of the ships that i manufacture for my own use. I can then sell the excess. Mining in that fashion makes sense if you are getting more money from it.