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Wednesday, 7 August 2013

New trade route opened up

I am starting to buy items in Hek to sell in Dodixie.

Started with a haul of 400m ISK of items to sell hopefully for about 550m ISK.

Not many items, it is early days – so seeing how it goes.  A few skill books, mods and implants at this stage.

The table below shows my haul on the first night.

So, i bought 27 items (27 different items, perhaps 40 items in all) in Jita for 883.9m ISK to sell in Hek where i would hope to sell them for 1,134.1m ISK making a gross profit of 250.2m ISK = a gross profit margin of 22%.  From that i would have Broker Fees of 0.8% = 9.1m ISK + 0.9% sales tax = 10.2m ISK + courier costs of 23.0m ISK leaving me with a hoped for profit of 207.9m ISK, or a net profit margin of 18%.  That is, of course, before i reduce prices as competitors come in with lower prices.

I bought another 15 items in Jita for 806.6m ISK to sell in Dodixie where i would hope to sell them for 1,072.7m ISK making a gross profit of 266.1m ISK = a gross profit margin of 25%.  From that i would have Broker Fees of 0.8% = 8.6m ISK + 0.9% sales tax = 9.7m ISK + courier costs of 20.8m ISK leaving me with a hoped for profit of 227.1m ISK, or a net profit margin of 21%.

And for the Hek > Dodixie run i bought 7 items in Hek for 416.8m ISK to sell in Dodixie where i would hope to sell them for 554.1m ISK making a gross profit of 137.3m ISK = a gross profit margin of 25%.  From that i would have Broker Fees of 0.8% = 4.4m ISK + 0.9% sales tax = 5.0m ISK + courier costs of 18.6m ISK leaving me with a hoped for profit of 109.3m ISK, or a net profit margin of 20%.




4 comments:

  1. If you have a net profit on the investment of 18% what is your expected turn-around time for actually making all the sales?

    ReplyDelete
    Replies
    1. At the moment I have c11bn ISK of sell orders and I am making total daily sales of c1.4bn ISK and increasing my daily wealth by c240m ISK.

      Hence, it looks like I am taking about 8days to get through my sell orders and making a net margin of 17% once I have reduced prices to fight competition.

      I don't have the ability to see how each individual trade route is doing - but I suspect the Hek >>> Dodixie route is slower.

      Delete
  2. Check your numbers in the last paragraph.

    ReplyDelete

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