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Selling gas, ore, etc

Author
Cory Bowers
Curium Corp
#1 - 2016-12-13 17:42:11 UTC
Hi,

I am looking for advice on how to best sell gas/ore on the market.

Specifically, you have the option of selling immediately at the highest buyer's price, or listing your item on the market at a higher price (seller). I would appreciate help on figuring out how to best sell things.

I realize that with price fluctuations there is no definitive answer and luck is always involved.

Right now, I search on eve-market where the buyers' price is highest and go there; then I sell immediately if the gap between sellers and buyers is narrow (accounting for the additional fee associated with listing an item on the market). If the gap is large, I sell for 1isk below the lowest sell price.

I am sure some of you have figured out more sophisticated strategies.

I have tried to look at the market history but since fluctuations are seemingly unpredictable, it seems impossible to make any kind of educated guess based on this.

td;lr what's a good strategy to sell gas/ore on the market?
Areen Sassel
Dirac Angestun Gesept
#2 - 2016-12-13 18:05:51 UTC
Cory Bowers wrote:
Right now, I search on eve-market where the buyers' price is highest and go there;


Sellers' prices are much more likely to be realistic. To put up a comedically low buy offer, I just need some ISK and a market slot; to put up a comedically high sale offer I also have to actually have the item in question (and so I am giving up the opportunity to sell it quickly at a reasonable price).

Yes, finding a high buy price is worthwhile if it turns out to be actually realistic - but you can't find that out without also checking sale prices, of course.

You're better off looking at prices in places with very high volume, from Jita on down through the lesser trade hubs. That gives you an idea of a realistic sale price - one where the goods would sell quickly, too, because of the high volume, and where there's likely a tax haven citadel you can sell in.

_Then_ if you can find a higher buy price somewhere convenient to get to, by all means, sell to that directly.

For instance, if I were selling trit, I can see it sells for 5.01 in Jita (although cheaper elsewhere). The best buy offer (I assume you're in highsec) is 5.11 in Mastakomon (which somewhat to my surprise isn't in a pocket). If it's handy to go there, I'll go there. If it's not handy to get to anywhere paying above 5.01, I'll schlep it to Jita (or maybe one of the lesser hubs).

Bear in mind it may be more profitable to sell closer at a worse price, taking less time...
Do Little
Bluenose Trading
#3 - 2016-12-13 19:47:24 UTC
Compress your ore. Most citadels offer the service for free - it's an easy way to add value. Market history will show you the cycle - is the price trending up or down. If it is trending up, by all means place a sell order. If it is trending down, you may want to sell to a buy order.

Not all buy orders are lowball. Some people actually use the product to make stuff - contact some of the people that have offered reasonable buy orders and see if you can do a deal with private contracts - no brokerage or sales tax.
Scarlett LaBlanc
University of Caille
Gallente Federation
#4 - 2016-12-20 23:58:44 UTC
While all of the above comments are fine, an important thing was left out.

mid to large scale producers (the ones whom buy the majority of the ore / minerals on the market) buy in large quantities for production days in advance. The easiest way to do this is to place a buy order and wait for the miners to sell to it. This provides a more competitive price (think wholesale) as long as you don't need it right now, as you have to wait for it to fill. The majority of minerals in trade hubs are sold this way.

If you want to sell your minerals (or ore) for a higher margin (think retail), the place you want to put up sell orders are where the manufacturing is happening. When that producer we were talking about is ready to install her job of 20 Battleships and realizes that she is 2,500 isogen short, she is going to buy it there, off a sell order and not run back to Jita for it.

That "retail" price is better for the miner, but it will take time to sell AND you have to find the right place to put it on the market. The "Wholesale" price is 5-10% less, but you can turn it into ISK right now an get on with life.

Way back in the day, when I worked as a miner I split it both ways. I would put about 20% on sell orders in manufacturing hubs and then haul the rest to Jita to sell to buy orders.

Gregorius Goldstein
Queens of the Drone Age
#5 - 2016-12-21 08:45:42 UTC
If you open the price history tab you can see if more units move with sell or buy orders.
Do Little
Bluenose Trading
#6 - 2016-12-21 09:17:55 UTC
The facilities tab in the industry tool will help you find the manufacturing hubs. Look for the highest system cost index for manufacturing.

As a manufacturer, I buy a lot of minerals and will look for compressed ore if there are no minerals nearby. Regular ore is a hassle to haul.