Chef Archive
Thread: Anyone lowered their prices yet?
Actually I had a shop outside cnet for a while close to yogols back when she spamed like crazy. I sold nothing out of it. I don't believe the whole cnet is the best place to set up stuff.
My average price for food/drinkbefore CU was about 120k a crate. Now it is more like 70k a crate, with most of my artisan foods at 60k a crate. They sell alright. I do aggree that some people charge way to much while spaming at the MO that they are the cheapest out there. I'm also the guy charging 200k for a crate of stims while others are charging 500k.
However you need to think about how much work you are really putting in. There are people nabbing +25 SEAs from dark jedi for 20 mil a pop and take less time to do that than it takes to do a run of food. Either you feel that your time is worth something, or you get taken advantage of. TIO doesn't have the best rep, so I am guessing it is the latter with you.
In all honesty location is the most important thing for a unestablished chef who wants to hit it big. But not just planet location or city location it is more important to be exactly where people shop. I have found some malls to be the best spot to grow anew business.
My personal example is I sat in a cantina right outside of a super high volume mall my sales were less than 600K per week. When the mall owner asked me to move 250m to the mall my sales when to 8 million per week, keep in mind my stock did not change just location. Now that our chef group is established we sell over 30 million per week on avg. But let me be clearit's not easy to maintain this level of volume. We have 3 chef's who work together, work hard sacrifice individual fame to run a succesful business simulation.
So again to my point above obviously credits are not the issue when you turn 180+ crates a week, if I lowered prices what would change,? what advantage wouldwe gain? Yes our prices are higher but our customer satisfaction rate is probably in the 95% range. So every situation is different justkeep that in mind.
Meplorium wrote:Either you feel that your time is worth something, or you get taken advantage of. TIO doesn't have the best rep, so I am guessing it is the latter with you.
I'd have to disagree. Keep TIO out of this, especially since this is the Chef forum and that's not what this topic is about.
The bottom line though, is what I'm doing wrong? Sure, large amounts of money are still circulating through the server economies, but not as much is being put into it anymore. While JTL, automatic NPC loot sales, and grinding missions are creating some credits, it's nothing compared to making 30k every 2 minutes from Fred Flintstone.
Buying out entire stocks and reselling them for higher prices doesn't exactly put any of you in a better light either. Just shows how desperate you are for even more credits, IMO, by ruining the purpose of another's playing experience with the Chef profession.
Tycho238 wrote:
The bottom line though, is what I'm doing wrong? Sure, large amounts of money are still circulating through the server economies, but not as much is being put into it anymore. While JTL, automatic NPC loot sales, and grinding missions are creating some credits, it's nothing compared to making 30k every 2 minutes from Fred Flintstone.
Buying out entire stocks and reselling them for higher prices doesn't exactly put any of you in a better light either. Just shows how desperate you are for even more credits, IMO, by ruining the purpose of another's playing experience with the Chef profession.
Tycho238 wrote:
[...]
Buying out entire stocks and reselling them for higher prices doesn't exactly put any of you in a better light either. Just shows how desperate you are for even more credits, IMO, by ruining the purpose of another's playing experience with the Chef profession.
Tycho238 wrote:
Meplorium wrote:
Either you feel that your time is worth something, or you get taken advantage of. TIO doesn't have the best rep, so I am guessing it is the latter with you.
I'd have to disagree. Keep TIO out of this, especially since this is the Chef forum and that's not what this topic is about.
The bottom line though, is what I'm doing wrong? Sure, large amounts of money are still circulating through the server economies, but not as much is being put into it anymore. While JTL, automatic NPC loot sales, and grinding missions are creating some credits, it's nothing compared to making 30k every 2 minutes from Fred Flintstone.
Buying out entire stocks and reselling them for higher prices doesn't exactly put any of you in a better light either. Just shows how desperate you are for even more credits, IMO, by ruining the purpose of another's playing experience with the Chef profession.
You broughtup your pricing not me and yes, why you charge what you charge is exactly what this topic is about. Something you should think about. People do things for a reason.
I think cheap food prices are great. I have been selling my master chefs foods (bio and standard) for 40-100k a crate for well over a year. The prices for most foods are INSANELY overpriced, considering once the schem is made we just walk away from the factory while it does the work. But thats just me. Once or twice when someone was blatantly trying to clean me out to resell my wares i have banned them from my tent. But it doesnt really matter im still making ridiculously good money off something thats fun and easy. So no worries either way
Please answer me this if your vendor (which it obviously is not) was selling consistently 180-200+ items a week would you lower your prices? It doesn't matter what the price is now, if it is over 2 credits would you lower your prices?
If yes give me one valid reason and I will not post ever again on this forum.
fish_chef wrote:
I think cheap food prices are great. I have been selling my master chefs foods (bio and standard) for 40-100k a crate for well over a year. The prices for most foods are INSANELY overpriced, considering once the schem is made we just walk away from the factory while it does the work. But thats just me. Once or twice when someone was blatantly trying to clean me out to resell my wares i have banned them from my tent. But it doesnt really matter im still making ridiculously good money off something thats fun and easy. So no worries either way
Please answer me this if your vendor (which it obviously is not) was selling consistently 180-200+ items a week would you lower your prices? It doesn't matter what the price is now, if it is over 2 credits would you lower your prices?
If yes give me one valid reason and I will not post ever again on this forum.
I have to agree with jello. I have many many loyal customers that have been buying from me for over a year. I run anywhere from 24 to 42 factories depending on how quick i need to get stock out. I never have any complaints about my prices. In many cases it is the exact opposite. They say "I have always bought from you even though Chef X was cheaper because I know that if I go to your shop I'll find what i'm looknig for."
I feel the same way about things that I purchase. If i know a meds vendor is always stocked, that is where I go no matter how their prices compare to others. I sell on average 35 crates of food a day with an average price of 150k. I also buy just about every resource I use in making my foods. I do buy every creature resource and grind quality resource that I use in my foods from other players. (3 cheers for Eagle-One Resources) I dont have a huge markup. It's roughly 60 to 75% depending on the food. That Coke at Burger King 10 cents for the cup, 2 cents for the coke and ice.
As for you doing your customer base a warm fuzzy. In the long run you are not. You will probably get some good business with lower prices. It wont even effect the larger chefs on your server 1%. As you gain notariety, your vendors will get very busy. You will not be able to keep up. Then what service have you provided? They will come to your vendor to just have to go look somewhere else and wasted the 15 - 30 minutes getting there. So then you will either quit Chef or raise prices. Bet your customers wont be happy with either.
Anyhoo, my sucessful foods business has afforded me the opportunity to do many things that I otherwise wouldn't have. I just recently sponsored a tournament that I personally gave away 25 million in credits and prizes and we are having another next week. Things like this are fun to me. Helping out is fun to me. After all, I play this game for fun. To say I am greedy because I have a sucessful business it rediculous.