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Monday 23 May 2022

The high price of Plex is asking more of my business model

The Plex price is higher which means running Omega accounts is higher

The price of plex is now 3.7m isk and so to keep an Omega account going for another 30 days required 1.9bn isk= (500 x 3.7).



The high price of Plex is asking more of my business model

The financials of my business model are that i aim for 25% item profit (sales of 1bn generate profits of 250m) and then i pay 2% courier fees + 3.6% sales tax + 1.5% listing fee + 5x0.30 relisting fee.

Hence, a 1bn revenues gets me 164m profits.

I have three Omega accounts.

If i aim to make 1bn profits per day after Plex then i now need to aim for 30 + (1.9 x 3) = 35.6bn profits per month.  That equates to 217bn isk sales per month.

Prior to the Plex rise, was aiming for around 205bn isk sales per month.

That has been achieved in every month for the last 5 months.  It is though becoming harder to achieve as we enter the slower summer months.




















My original aim of making 10bn isk profits after Plex requires me to make 95bn isk sales per month - that has been achieved in every month for the last 8 months.  And i bravely suggest it should be achievable in every month going forwards.


Hurdle rate for Omega higher

And to justify an Omega account i need to make 11bn isk of sales per month over two alts (i like the third alt to be in Jita) vs 9bn previously.

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