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Having problems moving a product

Author
Sonata Tilas
Republic University
Minmatar Republic
#1 - 2014-03-18 15:54:52 UTC
So I dipped my toes into Marketeering and found I like Station Trading quite a bit. I've run into a problem however. I've gotten my hands on some 150mm Scout Artillery through buy orders, but now that i've acquired them I find that I am having a very hard time selling them in my home base of Rens. I've been keeping tabs on my orders during the beginning and ending part of my day (usually in the late evening and early morning of GMT -7) and keep coming back to find that i've been undercut several times. It's getting maddening and a lot of money is tied up in these guns, can I get some ideas on how to unload them?
Raano Thorson
Full Armor of God
#2 - 2014-03-18 16:12:46 UTC
If the price is right, I'm your buyer. Send me an eve-mail. I'll need your quantity and asking price. I have some success w that item
Daniel Plain
Doomheim
#3 - 2014-03-18 16:28:04 UTC
if you have a high pain threshold, you can split the order into 3-4 and babysit them once a minute to make sure you are always the cheapest seller. but beware, this kind of activity burns you out faster than a Soyuz rocket.

I should buy an Ishtar.

David Forge
GameOn Inc.
#4 - 2014-03-18 16:47:13 UTC
There's a bit of a psychological barrier to overcome with this but I find aggressive undercutting to be the best method. What you lose in margins you make up for in volume and you don't have to play the 0.01 ISK game (the refuge of the bots and no-lifers).
Ryelek d'Entari
Horizon Glare
#5 - 2014-03-18 22:38:52 UTC
What David said.

If you cut the price aggressively enough, someone will buy it. Worst case scenario, you liquidate it back to buy orders, take a (hopefully) relatively small loss, and learn something about the market of that particular module.
Sabriz Adoudel
Move along there is nothing here
#6 - 2014-03-19 01:07:35 UTC
Ryelek d'Entari wrote:
Worst case scenario, you liquidate it back to buy orders, take a (hopefully) relatively small loss, and learn something about the market of that particular module.


This is always worth keeping in mind.

I do this with regionwide buy orders, when someone sells me something in a very dangerous lowsec system that doesn't have natural demand for the item. Example: A Retriever in Rancer.

I support the New Order and CODE. alliance. www.minerbumping.com

Abidal Trekt
Caldari Provisions
Caldari State
#7 - 2014-03-19 01:24:30 UTC
Big undercutting out of laziness is the recipe for creating long-term economic efficiencies driving margins down. We (MD) all profit from market inefficiencies. So please, .01.
Sonata Tilas
Republic University
Minmatar Republic
#8 - 2014-03-19 02:48:15 UTC
I appreciate all the advice given here since it is all sound, and I apologize about the late response, I work pretty late into the evening and some pretty weird hours.
Sabriz Adoudel
Move along there is nothing here
#9 - 2014-03-19 03:37:20 UTC
Abidal Trekt wrote:
Big undercutting out of laziness is the recipe for creating long-term economic efficiencies driving margins down. We (MD) all profit from market inefficiencies. So please, .01.


Big undercutting also sometimes drives rivals out of markets, allowing you to seize their market share.

.01 ISKing someone is like bumping them, undercutting by 25% of the buy/sell spread is like suicide ganking them in highsec. Both have their place.

I support the New Order and CODE. alliance. www.minerbumping.com

Axel FoIey
Audacious Entrepreneurial Businesspersons Academy
#10 - 2014-03-19 03:59:16 UTC
I agree with Sabriz. Halting your profits for the time being in preparation to being the sole force in a specific item is a very useful tool in your toolbox.

Ronny Hugo
KarmaFleet
Goonswarm Federation
#11 - 2014-03-19 04:37:49 UTC
At OP, well we've all generally spent quite a bit of time figuring out how to deal with it, are we to tell you all our billion isk secrets? :P
Sabriz Adoudel
Move along there is nothing here
#12 - 2014-03-19 04:47:37 UTC
Axel FoIey wrote:
I agree with Sabriz. Halting your profits for the time being in preparation to being the sole force in a specific item is a very useful tool in your toolbox.



And to be honest, market PVP is fun, and harvesting tears can be a very productive use of a quarter billion in trading capital, even if you lose a little ISK doing so and your 250m becomes 230m. That's only the cost of one suicide gank Vexor, after all.

Market rival tears aren't quite as tasty as AFK miner tears most of the time, but you need different types of tears from time to time. Variety is the spice of life.

I support the New Order and CODE. alliance. www.minerbumping.com

Raano Thorson
Full Armor of God
#13 - 2014-03-19 05:40:03 UTC
So, apparently I was tired and using my phone when I responded to the last post.

150mm scout artillary... Do you know something I don't? As far as I can tell, auto-cannons fit in the 150mm variety in which case I would still be interested in making a purchase, then shipping to where I would make the sale.

Arties begin at 250mm.

Not knit-picking, just wanting to make sure I know what I offered to buy should the interest peak.

Sonata Tilas
Republic University
Minmatar Republic
#14 - 2014-03-19 06:01:13 UTC
Raano Thorson wrote:
So, apparently I was tired and using my phone when I responded to the last post.

150mm scout artillary... Do you know something I don't? As far as I can tell, auto-cannons fit in the 150mm variety in which case I would still be interested in making a purchase, then shipping to where I would make the sale.

Arties begin at 250mm.

Not knit-picking, just wanting to make sure I know what I offered to buy should the interest peak.



No, I don't know anything that you don't. I posted that directly after I got home from work, so I didn't think too much about it. I meant the 250mm Arty variety.
Lucas Kell
Solitude Trading
S.N.O.T.
#15 - 2014-03-19 08:02:37 UTC
If you have a lot of them, you could sell them through the mailing list here.

The Indecisive Noob - EVE fan blog.

Wholesale Trading - The new bulk trading mailing list.

Sonata Tilas
Republic University
Minmatar Republic
#16 - 2014-03-19 16:03:13 UTC
Lucas Kell wrote:
If you have a lot of them, you could sell them through the mailing list here.


Ooh. I'll look into that, thanks.