Science & Industry

Hey, was thinking about t1 manufacturing, but virtually every blueprint i see apparently has profit of 1-5k isk max MOST TIMES .

So i was wondering, those that say manufacturing is lucrative, how do you make money of off it

If you have any links you can point me too, would be nice

Thanks

But do you mine your materials or buy it? and how do you know which product to sell

No, I don't because it wouldn't be (cost) effective. I buy compressed ore and minerals on the market. In general you should evaluate each step of the production whether and how much it contributes to the profit of the final product. For example T2 products always require the T1 version as input. You want to 1) buy it from the market if the price is below production costs, 2) produce if the price is significantly above, and 3) produce and sell T1 directly (skip T2) if the potential profit dominates the final T2 product.

This was simplified, there are more parameters, availability of inputs, blueprints, volume traded on markets, cycles/trends, invention/production time, etc.

Oh ... this topic again.


T1 manufacturing is profitable. If it isn't profitable for you, then you are:
a) Manufacturing the wrong items for the market demand.
b) Have unreasonable expectations.

For what it is worth, I can easily earn 1b a month or more just selling one type of T1 module.


Some ideas:
https://forums.eveonline.com/default.aspx?g=posts&m=6398252#post6398252

Materials purchased from Jita buy orders. Costing using Jita sell order prices for materials and the final product. I consider 10% profit my bottom limit. Don't play the 0.1 ISK game; instead, price your items reasonably and leave them alone for at least 3 days. I aim to sell-off entire production runs in 3 days; if that fails, then I adjust the price and wait another 3 days, repeat. If the market is so gamed that you can't sell anything, you chose the wrong item; you should have seen that in your market research! It is best to list items before the weekend; EvE markets peak around Sunday noon USTZ. Buy orders for moon materials are filled in LARGE sprints, whenever a jumpfreighter arrives; don't waste time and ISK trying to maintain a top buy order.

FWIW, I have an alt in nulsec mining in a Mackinaw all the minerals for manufacturing 2-5 battlecruisers a week (yes, I'm building ships, but in nulsec not hisec, and I know what I am doing). Sales are slow at 10% over Jita prices, as I'm not building doctrine stuff (doctrine prices are regulated), but it does sell, and keeps my alt in ships. In just over 2 months I've built several T1 ships for my own regular use, and given a few away to corpmates and new friends I've made. Built some Industrials recently; sold extremely well, but their huge size meant I had to move 30 of them one-at-a-time to market; never again! I need to build my alt a jump freighter.

My alt went to nulsec in an Ares Interceptor, with ~40m in their wallet, and three faction ship BPC in their cargo (built 1 - it was destroyed, so I locally bought a pre-built and rigged replacement ship); first purchase was a Venture Mining Frigate, and I've worked-up my alt from there. A trusted friend moved about 1/3 of my BPO to nulsec. Probably averaging close to 1b a month without trying hard; my alt's manufacturing slots are usually empty.

Hisec manufacturing is a lot easier, because of the access to all materials, and in any quantity, plus the high market trade volumes. I have 4 hisec Charon freighter alts, because I can easily consume that much Tritanium in one production run.

Thanks for all the info, i think ill have to study some more on manufacturing and market before going balls deep into it.

Though a friend of mine told me to start with ammo first, but seeing the BPO, the profit i calculated from most ammo doesn't go go beyond 2-3k isk per run. So it brings me to wonder, is that really a good idea to start.

Oh yea, I cant seem to notice but i have the slightest feeling, there's some kinda hate, towards my "to lazy to search" excerpt, so i shrugged that off

1 reason my t1 is not profitable is there is someone with tons of alts buying and mass producing, before the station changes, all reseach and indy had limited slots, consequently also 1 people would use every slot in a system and surrounding systems unless you manage to catch it as they were claiming jobs and snuck some jobs in. Alt Armies kill a lot of professions like that, 1 people would produce hundreds or thousands of an item and dump it

Sorry about hoe my "too lazy to search" was just tryna have fun lol

why would a mission runner need a fresh afterburner?

When I started out I bought a small number of researched BPOs and spent absolutely ages checking the profit margin on each. Profitability on BPOs ebbs and flows, a BPO may be highly profitable for a few weeks, but then everyone gets on the band wagon and it won't earn you anything for months.

Now I have several hundred different fully researched BPOs I just build absolutely everything I can and stick it in jita for either build cost +20% or higher if current price is better. You get to a point where someone is buying something you're selling every minute, and it's just a case of keeping stocks up.

Get into research as quickly as you can, train the other characters on your account aswell, keep 30+ BPOs researching at all times. You'll be surprised how quickly your bpo collection grows.

Train a freighter pilot. You will never be able to mine or produce the minerals/PI/salvage materials needed to keep a full set of manufacturing lines in permanent production.

Find your niche, there are a huge number of ways to make even t1 manufacturing profitable - I live a few jumps from jita, and I only sell my products in jita. Some people sell for much bigger margins by hauling their **** all over new Eden. I run my production slots in 4 day builds, and buy my minerals once a week or so - I don't get the best prices on minerals sometimes, but I'm protected against sudden changes in price. Some people buy months worth of minerals when they feel the price is a t a low point, and run their production lines on much longer cycles. If you persist with manufacturing you will find your own way of making it lucrative.

Start training skills to increase the number of orders you can put up. If you're planning on selling in a very specific area like me, raise your standings to reduce taxes - over a few years of manufacturing you can save yourself many billions.

People will tell you to learn the markets, the best way to do this is to just build stuff and sell it. If you make something and its selling in your tade hub for less than your build cost, don't sell it for less; stick it on at build +10-20% and it will eventually sell, might takes a few weeks or even monthes, in the mean time don't build any more of it and move on.

There are probably a dozen other things I could tell you, but it's late and they aren't coming to me now. Hope this helps a little though.

Then there are also market manipulation and people focusing on trade putting out batches of stuff they've bought on the markets. It's way too easy to buy stuff dirt cheap from people who just click "sell" without caring they get around 10% or less of the market value, and that means they can always undercut you. But I don't know too many who'd do this with regular T1 mods (too little margin for most traders), though it might explain if you notice the prices going way below production costs. Some people just crash market prices for ***** and giggles.

There are profitable T1 items but as with anything, you need to do your homework, research the prints, find the cheapest possible place to manufacture, and the right place to sell. And they constantly shift from profitable to unprofitable and back.