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%.
a blog of my experiences and observations of making ISK in Eve Online, from the beginning - three separate periods starting each time from zero and new alts (May 2013 - February 2017, started again in March 2019 - September 2019, and now started again in September 2020 onwards)
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Wednesday, 7 August 2013
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If you have a net profit on the investment of 18% what is your expected turn-around time for actually making all the sales?
ReplyDeleteAt 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.
DeleteHence, 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.
Check your numbers in the last paragraph.
ReplyDeleteThanks, corrected.
Delete