What do you want?? Raw materials??
The way a contest helps the small companies is they can either buy buildings specifically for the contest from their unused building capacity. Or sell (or even destroy) small buildings to make way for contest buildings.
The contest was probably a little too short for the small companies to establish a production line for printers, but the point of this contest was to make sure things are working.
Contest product DEFINITELY needs to be a product that requires a couple of steps to make, it needs to be something that not everyone makes - the idea that it should be power are simply outrageous!!
Recent contest
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But I found this contest hurts me in a long run....
I earned a lot in the contest and also a certificate as well(though 21st...)
But it comes up with another big problem.
People dump the unsold q0 printer into the store, and setting price unusually low. If you notice the stat you will find the price of printer is halved with nearly 35 times supply in turkey...
Unluckily all my store are in turkey and just planned at selling printer...
It takes me a long time to drag up the price back...
Unlike wood or bread, which this won't happen(Bread none willing to sell in store, wood just sell to player)
This is the contest I take part in first.. But it turns out a disaster to me...
I earned a lot in the contest and also a certificate as well(though 21st...)
But it comes up with another big problem.
People dump the unsold q0 printer into the store, and setting price unusually low. If you notice the stat you will find the price of printer is halved with nearly 35 times supply in turkey...
Unluckily all my store are in turkey and just planned at selling printer...
It takes me a long time to drag up the price back...
Unlike wood or bread, which this won't happen(Bread none willing to sell in store, wood just sell to player)
This is the contest I take part in first.. But it turns out a disaster to me...
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A newbie to here ( in fact 16 days in Kapilands already )
I am one of those newbie who actually joined the contest by sending printers to others, making 5.5 M in 3 days ( my assets gone 3 times of that before the contest ). I think that it is not the length of time a player have already been in the game matters, the matter is the industry that they are in.
Special thanks to Matt and Eleknar, receiving my 1110 printers produced over the three days.
I am one of those newbie who actually joined the contest by sending printers to others, making 5.5 M in 3 days ( my assets gone 3 times of that before the contest ). I think that it is not the length of time a player have already been in the game matters, the matter is the industry that they are in.
Special thanks to Matt and Eleknar, receiving my 1110 printers produced over the three days.
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Millions (literally) thanks to Matt and Eleknar for their purchase
Thanks mods for hosting the contest
Little R is lucky to enjoy the contest as a 2-week-old rookie
I like electronics, therefore opened a plant recently and encountered the contest.
Originally, Stupid R planned to sell some and submit a few
However, it's easy to realize selling them all is better.
I believe Q0 printer is a good contest
It does not conflict with basic production of plant/fruit,
just interrupt a bit with other profitable trade,
i.e. it does not draw away too much raw materials and production time.
Little R believed the key to smooth contest and later normal life is to disturb the production as little as possible, don't make any long term decision (e.g. building plants) based on that. I planned and stopped production a few hours before deadline to keep some sleep and prevent the problem to sell unwanted printer. Finally, I only used my own raw materials to reduce cost, even I need to sell printers in store, I won't lose anything.
The only real mistake I made, was promotion to retailer when I had little cash. It hurt production speed
With some caution, the contest is both exciting and profitable. XD
Thanks mods for hosting the contest
Little R is lucky to enjoy the contest as a 2-week-old rookie
I like electronics, therefore opened a plant recently and encountered the contest.
Originally, Stupid R planned to sell some and submit a few
However, it's easy to realize selling them all is better.
I believe Q0 printer is a good contest
It does not conflict with basic production of plant/fruit,
just interrupt a bit with other profitable trade,
i.e. it does not draw away too much raw materials and production time.
Little R believed the key to smooth contest and later normal life is to disturb the production as little as possible, don't make any long term decision (e.g. building plants) based on that. I planned and stopped production a few hours before deadline to keep some sleep and prevent the problem to sell unwanted printer. Finally, I only used my own raw materials to reduce cost, even I need to sell printers in store, I won't lose anything.
The only real mistake I made, was promotion to retailer when I had little cash. It hurt production speed
With some caution, the contest is both exciting and profitable. XD
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Foreterai wrote:A newbie to here ( in fact 16 days in Kapilands already )
I am one of those newbie who actually joined the contest by sending printers to others, making 5.5 M in 3 days ( my assets gone 3 times of that before the contest ). I think that it is not the length of time a player have already been in the game matters, the matter is the industry that they are in.
Special thanks to Matt and Eleknar, receiving my 1110 printers produced over the three days.
thank you both. your the only reason i could stay in the contest.Littler wrote:Millions (literally) thanks to Matt and Eleknar for their purchase
Thanks mods for hosting the contest
Little R is lucky to enjoy the contest as a 2-week-old rookie
I like electronics, therefore opened a plant recently and encountered the contest.
Originally, Stupid R planned to sell some and submit a few
However, it's easy to realize selling them all is better.
I believe Q0 printer is a good contest
It does not conflict with basic production of plant/fruit,
just interrupt a bit with other profitable trade,
i.e. it does not draw away too much raw materials and production time.
Little R believed the key to smooth contest and later normal life is to disturb the production as little as possible, don't make any long term decision (e.g. building plants) based on that. I planned and stopped production a few hours before deadline to keep some sleep and prevent the problem to sell unwanted printer. Finally, I only used my own raw materials to reduce cost, even I need to sell printers in store, I won't lose anything.
The only real mistake I made, was promotion to retailer when I had little cash. It hurt production speed
With some caution, the contest is both exciting and profitable. XD
once again thnx
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Sorry no offense but even you doesn't lose anything, some people do. I am not complaining as I earned a lot in the contest and also a certificate. Just give a little advice here. Unless you are making the contest product for your own rank, DO NOT produce until last minute. This will result in 2 problems.Littler wrote:
Finally, I only used my own raw materials to reduce cost, even I need to sell printers in store, I won't lose anything.
1. The unused contest product loses its value even smaller than no contest(large amount of contest product)
2. When you sell in store, you will find you won't lose any money it is always profitable in selling them. But the average price is dragged down in unbelivable speed due to inappropriate selling price(full racks for 24hr, etc.)
I have tested the price of printer in Turkey and it is a disaster. I can only sell around 900 cap per each Q8 printer if I sell in normal price (1/4 rack, 24 hrs), which in the past I sell 1000 cap per each Q5 printer and the total supply is now 35 times the original one and the price is now halved
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I don't understand the concept of "unused contest product"!
Surely if you put it on the market at a good price (or even an outrageous price!) it would have all gone. And if you still have several thousand on the market that you are worried won't sell - you can always buy it back from the market and actually SEND it to the contest yourself.
You speak about this phenomenon of a contest product slamming the average price of the product, perhaps in this case because printers have a low demand it was amplified, but usually this is not the case. And the only reason it might happen is that some people miscalculated when the contest was ending and produced printers after the deadline - otherwise, anyone in the electronics business would normally be making TV's (at least that's what I would assume since it's much more profitable than all the other electronic products).
So I really disagree with the above comments. The contest has no negatives!!! Bring on the next one!!!
Surely if you put it on the market at a good price (or even an outrageous price!) it would have all gone. And if you still have several thousand on the market that you are worried won't sell - you can always buy it back from the market and actually SEND it to the contest yourself.
You speak about this phenomenon of a contest product slamming the average price of the product, perhaps in this case because printers have a low demand it was amplified, but usually this is not the case. And the only reason it might happen is that some people miscalculated when the contest was ending and produced printers after the deadline - otherwise, anyone in the electronics business would normally be making TV's (at least that's what I would assume since it's much more profitable than all the other electronic products).
So I really disagree with the above comments. The contest has no negatives!!! Bring on the next one!!!
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That is why this hurts selling store.
If you sell in the market with really low price, people will in turn sell to store with unreasonable price. This drags down the price and hurts in a long run.
if you say printer is in low demand it is wrong. even 7k printer supply now it is only 1.8% of the demand.
Contest has no negative effect as long as people know what to do. But reality is reality, you cannot expect all people know when to stop produce printer and in turns, hurt the profit
I didn't say i don't want a contest. Just my own experience and say contest is not a perfect sphere, like the earth
If you sell in the market with really low price, people will in turn sell to store with unreasonable price. This drags down the price and hurts in a long run.
if you say printer is in low demand it is wrong. even 7k printer supply now it is only 1.8% of the demand.
Contest has no negative effect as long as people know what to do. But reality is reality, you cannot expect all people know when to stop produce printer and in turns, hurt the profit
I didn't say i don't want a contest. Just my own experience and say contest is not a perfect sphere, like the earth
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moondolphin>>It's OK. I also want to share my experience with fellow players. 
The contest is a good business lesson.
As a non-business student, I experience a lot.
Just like the stock market, players need to be rational, as the saying goes, "You can never earn enough"
My company is small, cannot afford larger expenses.
therefore, I pay attention to reduce risk.
However, no risk no gain (if any)
My company grows slower.
I modeled the contest like a stock market.
When the contest is a few hours to end, the price will drop a lot, as people are afraid they cannot sell them all.
When the contest is about to end, the price may pick a bit, as someone may need to get higher rank.
After the contest, people will dump the printers to get cash back quick.
The price will drop and people cannot make better profit.
However, it's quite difficult to expel the desire to fast dump.
If they keep printers and wait some times, they can still sell higher price.
I believe many people won't produce printers for some time after contest.
People with some printers may fill that supply void.
P.S. The stats say that printers' still in short supply. not sure is it the real case.
The contest is a good business lesson.
As a non-business student, I experience a lot.
Just like the stock market, players need to be rational, as the saying goes, "You can never earn enough"
My company is small, cannot afford larger expenses.
therefore, I pay attention to reduce risk.
However, no risk no gain (if any)
My company grows slower.
I modeled the contest like a stock market.
When the contest is a few hours to end, the price will drop a lot, as people are afraid they cannot sell them all.
When the contest is about to end, the price may pick a bit, as someone may need to get higher rank.
After the contest, people will dump the printers to get cash back quick.
The price will drop and people cannot make better profit.
However, it's quite difficult to expel the desire to fast dump.
If they keep printers and wait some times, they can still sell higher price.
I believe many people won't produce printers for some time after contest.
People with some printers may fill that supply void.
P.S. The stats say that printers' still in short supply. not sure is it the real case.
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Guest
The only exception is diamond rings, other products are in supply>demand. So it is not correct to say printer is not much affected.
Actually the best to consider the S/D grid is to see how much its supply changed. The truth is its supply has increased by about 60 times now. So price drop is expected.
Anyway the contest affects a little. As people can just hold on for a while until the supply of printer drops a bit. I believe it is more painful if semi-product or even raw material is used as contest product (wood contest affects expansion as well as wardrobes business)
Actually the best to consider the S/D grid is to see how much its supply changed. The truth is its supply has increased by about 60 times now. So price drop is expected.
Anyway the contest affects a little. As people can just hold on for a while until the supply of printer drops a bit. I believe it is more painful if semi-product or even raw material is used as contest product (wood contest affects expansion as well as wardrobes business)
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I said that the price is not determined by whether demand is larger than supply, it is determined by how much demand has been fulfilled. (supply/demand*100%), the percentage increases to about 1.7% now, though you will think it is small, but it is very large comparing the past around 0.0x%. Therfore it does affect the price.hebawom wrote:Wrong way round dude!
Demand>supply for most products. The demand for printers is massively more than the supply.
I have tested it in the store so you cannot say I am wrong just for theory level. The price DOES drop in the past few days. If you check up the grid you will find the price increases as someone is dragging it up back.
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a few thoughts
1. price depends on demand, amount of supply, cash players have available, number of players capable of improving their finish positions to gain better reward.
some contests are real close and players buy rapidly (especially in the final minutes) to get the best result possible. other contests have a large difference between position different prize levels so players will be reluctant to buy more as they are secure in maintaining their current prize and there is little chance of them gaining an additional place.
2. some players may use the contest to enter a production line and continue producing after with the intention of building stores with their profits. i did this when i started in R1, and i know from personal experience that it took me some time to get my stores to a size where i was selling at the ave market price (eventually i developed them to a point where i am selling at way above market ave).
1. price depends on demand, amount of supply, cash players have available, number of players capable of improving their finish positions to gain better reward.
some contests are real close and players buy rapidly (especially in the final minutes) to get the best result possible. other contests have a large difference between position different prize levels so players will be reluctant to buy more as they are secure in maintaining their current prize and there is little chance of them gaining an additional place.
2. some players may use the contest to enter a production line and continue producing after with the intention of building stores with their profits. i did this when i started in R1, and i know from personal experience that it took me some time to get my stores to a size where i was selling at the ave market price (eventually i developed them to a point where i am selling at way above market ave).
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Moondolphin, this is a business sim. Have you ever heard the term "cutthroat"? It's nobody's business but yours to worry about your profitability. If somebody producing to the last moment increases their expected profits, that's what they're going to do and your job is to adjust to it. Contests disrupt "normal" business in Kapilands by multiple mechanisms, and dealing with that is a valid and normal part of game.
On a side note, you're producing a marginal product (printers) for a marginal market (Turkey). That's a great "fun" goal but it's not a good way to make money. In a functional, normal, market, the excess production would *immediately* be soaked up by the pent-up demand from the contest and prices would be higher and typically stay that way for days or even weeks. Printers in Turkey isn't a functional, normal, market, and there's a reason.
On a side note, you're producing a marginal product (printers) for a marginal market (Turkey). That's a great "fun" goal but it's not a good way to make money. In a functional, normal, market, the excess production would *immediately* be soaked up by the pent-up demand from the contest and prices would be higher and typically stay that way for days or even weeks. Printers in Turkey isn't a functional, normal, market, and there's a reason.