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{BLOG} Getting started as an Industrialist
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Kiger Wulf
Imperial Shipment
Amarr Empire
#61 - 2013-01-09 19:39:17 UTC
Not sure if you missed me or not, but I'm back! Been a weird week, everything should be resettled now.

There's an update of what's going on at

www.wulfbrothers.blogspot.com

---

If you have any advice, let me know.
Kiger Wulf
Imperial Shipment
Amarr Empire
#62 - 2013-01-10 20:20:09 UTC
I did a little market research. Here are the results!

http://wulfbrothers.blogspot.com/2013/01/market-research.html

Fly safe!
Kiger Wulf
Imperial Shipment
Amarr Empire
#63 - 2013-01-14 05:03:53 UTC
A manufacturing update, sort of!

Thanks for reading!

www.wulfbrothers.blogspot.com
Toku Jiang
Jiang Laboratories and Discovery
#64 - 2013-01-14 21:11:42 UTC  |  Edited by: Toku Jiang
I've been reading your blog, and think this is a pretty cool thing your documenting here. I find it somewhat disappointing your getting tight lipped about your production activities, (considering you never revealed the market hub you are working out of maybe you did and I just missed it), as it was good insight for new manufacturers, that and its fairly easy to check up on volume and $ with the market hubs, but it is understandable.

I think you will find as you continue to manufacture goods that you are going to ride a lot of highs and lows in regards to price and the volume you move. It will force you to change the items you make and increase your BPO collection. I for instance most recently made a giant pile of 650mm arti II's (through invnention). The stockpile was 600 guns, and they all sold within 72 hours with little market manipulation and for a nice profit. Since then I have taken another batch to market, it was the last of an invention run I was doing and was only 80 units. These units took 2 weeks to sell in the same market hub at a lower price, but still brought in a profit. I'm pretty sure I didn't tell anyone what I was making, but the market for whatever reason (which could have been the 600 I dumped on the market 2 weeks earlier) took a turn and they weren't the flavor of the week.

I continue to wish you good luck, hope your bulk orders contacts go well and you keep working at this blog, perhaps loosing up a bit in the future, as the tasty bits are the fun parts to read Cry
Kiger Wulf
Imperial Shipment
Amarr Empire
#65 - 2013-01-15 05:19:03 UTC
Toku-

I keep going back and forth, the details are my favorite part, and are easy ideas for content. There will definitely be monthly reports that are pretty crunchy.

As with everything, I think perspective is the name of the game. I'm going to keep watching how things go, and may loosen back up on the blog. I just don't want to detail every move I make if people in my region are going to A) Copy what I'm doing or B) drastically flood/underprice the market.

I'm doing my best to just be honest and real with what's going on in my manufacturing world; this is just another example of how things are going, I suppose.

Thanks for reading!
Skorpynekomimi
#66 - 2013-01-16 20:56:38 UTC
What do you consider an appropriate markup for a researched BPO as opposed to a blank one, anyway?

Wondering if it's a suitable use for my research-capable alt, rather than churning out copies for inventors.

Economic PVP
Galletrix
Deep Core Mining Inc.
Caldari State
#67 - 2013-01-16 22:54:05 UTC
Depends. Appropriate markup should be what you can profit off of it as opposed to research.

Try this calculation and methodology.

You take the price of the BPO, unresearched, less the price of the researched bpo. You get the markup cost. Now, find out how long it would take you to research the bpo. If you can make a profit on the bpo in that time period that you would have researched it GREATER than the markup cost, then you should buy it. If not, you should research.
H2O Hairey
Brutor Tribe
Minmatar Republic
#68 - 2013-01-17 10:08:38 UTC
Galletrix wrote:
Depends. Appropriate markup should be what you can profit off of it as opposed to research.

Try this calculation and methodology.

You take the price of the BPO, unresearched, less the price of the researched bpo. You get the markup cost. Now, find out how long it would take you to research the bpo. If you can make a profit on the bpo in that time period that you would have researched it GREATER than the markup cost, then you should buy it. If not, you should research.


Like most new players you don't have a POS
and all the research slots in high sec got like a 25d waitingline.
So you have 25days of production time to make more isk
than the differences of a bpo from market and a research one from contract.
Skorpynekomimi
#69 - 2013-01-17 10:45:16 UTC
H2O Hairey wrote:
Galletrix wrote:
Depends. Appropriate markup should be what you can profit off of it as opposed to research.

Try this calculation and methodology.

You take the price of the BPO, unresearched, less the price of the researched bpo. You get the markup cost. Now, find out how long it would take you to research the bpo. If you can make a profit on the bpo in that time period that you would have researched it GREATER than the markup cost, then you should buy it. If not, you should research.


Like most new players you don't have a POS
and all the research slots in high sec got like a 25d waitingline.
So you have 25days of production time to make more isk
than the differences of a bpo from market and a research one from contract.


25 days, plus whatever time is spent researching the ME itself.
And then some time for PE and the processing time on THAT.

I was more wondering if a 'make me a profit' markup would be viable, rather than a 'clear this thing out my hangar' one.

Economic PVP
Kiger Wulf
Imperial Shipment
Amarr Empire
#70 - 2013-01-19 05:17:39 UTC
This is what happens when the market gets flooded!

www.wulfbrothers.blogspot.com

Thanks for reading!
Kiger Wulf
Imperial Shipment
Amarr Empire
#71 - 2013-01-22 14:46:34 UTC
Hello Capsuleers!

I've been rather transparent with my blogging endeavor, so if you've been following, you know that I have been having some difficulties in figuring out what to continue posting. So, I'm going to open it up:

Do you have any ideas?

Do you have any questions?

Is there anything you'd like to see explained out further?

Let me know in this thread!