Chef Archive
Thread: CHEF FOOD PRICING DISCUSSION (Chefs only please)
Let's say I'm at the price where it stays on the vendor between my production runs. Day one I produce a stat buff that's at +200. Day two I produce one that's at +190 (I just ran out of good resources). If Joe Customer comes in and sees the +190 buff selling for the same price he bought the +200 buff for, he may feel ripped off (or he may not, some people don't care). That's one of the reasons I use "complicated formulas" when determining prices (that and I like math :smileyhappy
. It's also the reason there's no nice, neat round numbers on my vendors. It's not for everyone; nor should it be. It's just the way I like to do things.
I actually don't disagree with you at all. In that sence you are selling two "different" products. My main point is that pricing has nothing to do with the cost of produceing something. There is a very specific reason why people want to buy brandy. It buffs mind stats remarkably well. That fact has a certain inherent value to people. For some people, the ability to buff there mind by 800 or 900 points is worth 500k for a crate of 25. For others, it's only worth 400k. For still more others, it's worth no more than 200K, and so on and so on. The value that people place on brandy has absolutely nothing to do with how much it costs you to produce. Therefore, don't price it based on how much it costs you to produce.
As far as a customer feeling like they are being ripped off, if they buy the brandy, it can be argued that they have no room to complain. The product still does exactly what they paid there money for it to do.
As far as the customers that think the price is too high, well, that is a nessesary component of the law of demand. We have a limited capacity to produce product. It is the goal of charging the right price, to eliminate those who don't care enough about the product to buy it at that price. We want to eliminate as many customers asis nessesary to achive equalibrium with our production capacity. (ie, the number of people who want to buy equals the number of products we are physically capable of produceing.)
I can hear the questions now... "zebraone100, what if it costs more to producea productthan people are willing to pay? Certainly we can base the price on cost in that situation cant we?" The answer is NO. You would still base the price on the "inherent value" of the product to the customer. If you produce this product, you will loose money period, and you will certainly waste your time in the process. A great example of this is about 90% of all the old chef foods. You couldn't give that stuff away.
), plus all the money I had to spend the first 2 or 3 days buying resources at an outragous price since I just placed the harvestors... I am hoping to atleast break even in a weeks time, you guys think it is possible?
Liza2830 wrote:
Hi all well I just got a nasty note from someone said he won't be buying my food as he can find it from another master chef at half the price! I'm selling brandy at 225k a crate with stats of +413 mind willpower focus for 37mins quanity is 21 and stomach filling 49 is mind inferior quanity and overpriced? Or is there a chef that didn't spend nearly the resources and omg TIME that i did? I'm on chilastra
The correct response is to send a polite response as follows:
"I am happy you have found a cheaper chef. I will certainly take his pricing, and your input, into account when I price my next batch. Good luck with your new vendor!"
Then ban him from your vendor 
, this should be your reply: