My Question Thread.

Guest · Post by **Guest** » 11.06.2009, 21:40

sally wrote: But first look at the value of your strawberries, not the productioncost in your warehouse but the current marketprice, (so take a look at the market ingame and see how much strawberries are sold for )

I think that is where you made your mistake.
Productioncost is not the same as (the market) value.

Perfect, have a free cookie.

Thanks.

Guest · Post by **Guest** » 11.06.2009, 21:48

Only when it is chocolate chip.

Please let me know what sales price and time you came up with, I am curious.

I strongly reccomend this other post by knolls: "each building deserves to get payed".
http://www.forum.kapilands.com/viewtopi ... ght=#20509

Guest · Post by **Guest** » 12.06.2009, 10:39

I cleaned out 300 in 30 minutes at 2.5

Guest · Post by **Guest** » 12.06.2009, 15:46

2.5 ???
Oh dear, that is way too low a price..
Have you actually read the answer I gave to your question?
Read any other post about this subject?

Guest · Post by **Guest** » 13.06.2009, 10:20

Ah, i noticed almost straight away, going for 6.9 now. =)

2 more.

How do you decide where to place a shop?

Can you tell roughly how much something will retail for?

Guest · Post by **Guest** » 13.06.2009, 12:05

RED
and no.....
Thats the simple answer
H

Guest · Post by **Guest** » 13.06.2009, 12:18

1st decision = You put it in a RED zone, no if's but's or maybe's. Red zone has the disposable income to keep prices higher than any yellow or green zone!

So it is between France, Germany or Turkey

Can you compete on good terms with the average Quality of the item for sale in that country? If so then the avarage price is what you might expect to be getting... if You have a lot lower Quality then you are going to get a lot lower price.... also the market size, the bigger the market size the smaller market share you need to make a good profit.

Currently Gas:

France = Amount 79.015.077 price 81,87

Guest · Post by **Guest** » 13.06.2009, 12:23

You may also want to check the prices over a few days, I know from experience that prices can be misleading. Ie golden necklaces in france can be as low as 4k avg price at times but it usually sits around 8k so its hard to know what the 'real' price is from only one day.
Need any help feel free to contact me ingame (R2)
Also I will sell you some bev/food factories for 100k per 100m if you want, I need to get rid of them asap and they go on the market for 100k tomorrow but small guys get first dibs
H

Guest · Post by **Guest** » 13.06.2009, 13:25

That is currect. You cannot trust the stats page with only one day of information. My suggestion is to copy and paste the stats of the product you plan to sell for a week. That way you can start to see a pattern. (Diamond Rings will be over supplied for 3 to 4 days then under supplies for 3 to 4 days. If you know the pattern you can maximize your price.)

Guest · Post by **Guest** » 13.06.2009, 15:46

Besides explanations above, you will also get a pretty good idea of retailprice as time goes by, you will find out as you go along.

Just always check the market to see what your product sells for there, and make sure your retailprice is above that price or else you might as well sell it on the market.
(Although some products don't sell very well at the market if you only have low quality, but then neither do they in your shop)

In groceries beef sells fairly well, fruit is not so great.

Guest · Post by **Guest** » 13.06.2009, 18:04

Ive built a furniture store, but i have no idea where to start to my wardrobes.

Is 2500 about right?

Guest · Post by **Guest** » 13.06.2009, 18:15

No, that is too low. Fill your Shop full and keep changing the price until you sell a full rack in 48 hours. (Or half a rack in 24 hours.)

Guest · Post by **Guest** » 13.06.2009, 18:18

Just a rough starting figure?

3k?

EDIT:

Excel data:

How Many? Value To Me? Tested Price Hours Minutes Total Minutes Profit PPM

40 2000 2700 176 56 10616 28000 2.6375282592

Everything will be sold in 176 h. 56 min. 20 sec.

Guest · Post by **Guest** » 13.06.2009, 21:10

god damn excel, it makes people think that warehouse price is the right one to use ... use market price for your profit in stores

translated:

you can sell your wardrobes to a player buying them at x+y*q. the retail price that makes you most profit is z. so set the retail price to z, and sell any leftover wardrobes to some player buying wardrobes at X+Y*q, where x is starting price for that player buying wardrobes, y is the increase of price per quality, q is the quality of wardrobes that you produce and X&Y are optimal prices for your quality.

i would be glad to explain more to you, just make sure you read this, this and this before asking anything

Guest · Post by **Guest** » 13.06.2009, 21:53

Yes well I already pointed him to those threads, so maybe it is time he starts reading them..

EDIT:
I spoke to hasty, I see you are using Knolls exel sheet, that works well if you got your starting value right.

like I said before and also Greed pointed out: read the post:" every building deserves to get payed".
It helps to figure out the value of your product. (which is many times around marketprice but not always.)
If you got your starting value wrong, every calculation you make will be wrong.

Also take a look in the buysection in this forum and see how much companies are willing to pay for wardrobes and other products.
It might give you a good clue as well to determine the value.

EXAMPLE:
- If you make 1 strawberry Q0 it cost you 10 water (which you could also sell for 0,17 at marketprice instead of making that strawberry) so 10 water*0,17 = 1,70.

- It also takes 1 kg seed for 1 strawberry (which you could also sell for 0,27 at the market)
So 1 seed*0,27 = 0,27.

- then there is the general productioncost of 0,05 caps for each strawberry.

- Add it all up: 1,70 worth of water + 0,27 worth of seeds + 0,05 general productioncost = 2.02 value for 1 strawberry.

- THEN you must add some profit to that strawberry in order to let your FRUITPLANTATION have some profit too.

- How much profit?

- Well this is where you look at the market to see how much they sell for, currently around 5 caps each which means you can add around 3 caps profit to your strawberry.. that is a nice profit for your FRUITPLANTATION.

- Great, all the buildings that are used to help you make the strawberrry are now paid.
Those 5 caps include cost and profit for your well (10 water= 1,70) your
plantation (1 seed =0,27) and your fruitplantation (1 strawberry = 3,00)

- But now you still have to make profit in your SHOP too.

- This is were the exel sheet comes in..
your starting value of the strawberry is 5 caps.
NOW you have a good realistic starting value and you can begin testing your retail price.

- Start with a salesprice 4 times your startingvalue, that is very high, but who cares, that way you will see clearly how the exelsheet works, you lower your price until you finally will see the perfect retailprice for your strawberries expressed in highest profit per minute.