Chef Archive

Thread: Discount structure for crate sizes

rgrocott
Sat Mar 20, 2004 4:35 pm
#1


Hi all,


When I first started stocking up my vendors, I was kinda random in my pricing of the different crate sizes (5, 10, etc). So I sat down and came up with a standard structure to use across all my products, so that larger crates would always represent better value than smaller crates.


However, I'm not 100% happy with it, and it seems to me I may be discounting a little too much at the higher end, so I'd be very grateful for some feedback.


The structure is simple.


5 = 4.5 x unit price


10= 8.5 x unit price

15 = 12.5 x unit price

20= 16.5 x unit price

25 =20 x unit price


My reasoning went as follows:


  1. I want to make a crate of 5 cheaper than 5 singles. So I will price it at 4.5 units

  2. I want a crate of 10 to be cheaper than 2 crates of 5, to encourage an immediate purchase, rather than a purchase of 5 with an 'I'll come back later for the next 5' approach. So I discounted an extra half unit on the 10-crate.

  3. The same reasoning leads to the pricing for 15 and 20.

  4. Crates of 25 were coming out with odd prices - so I generally cap it off at 20 x unit price for the 25-crates.

I'm now starting to wonder if the 'additional' discount is really a good idea. For one thing, I'm finding instances where the crate price for 25 sounds reasonable, but working back to unit price ( I do this sometimes, if there is an established 'crate price' norm out there), the unit price seems too high.


What do you think? Thanks for any input




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Saitek
Sat Mar 20, 2004 4:41 pm
#2

Seems a little complicated, I used to regularly break up crates for the vendor, but found that most people regardless of price will buy up enough to get a full crate, so I just put full crates on, or stacks, the stacks however I do mark up for breaking up a crate.



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Syke
Sat Mar 20, 2004 8:35 pm
#3

I don't put crates of 15 or 20 on my vendors any more, just singles, 5, 10, and 25. I do something similar, but I work the other way. I define a value on a full crate (based on the going market on my server) and then determine a single stack's value (ie price of crate/25and then adjust to the nearest 500 or 1000 credits). So far this has worked for me since I started doing it last summer. If I am too high, I adjust with the market...if I am too low, then I slowly bump up the price until its consistent...big jumps usually have bad results.


Like Saitek, I've found that most people are interested in full crates and singles. On occasion I get the person with champagne taste and a beer budget though, so a 5 or 10 crates works perfect for them.





----------------------------------------------------
Syk'e Auttic Master Chef & Author - Formerly Syke Auttic Transcendent Emarr

FOOD: 60, -5524 (south of Coronet)
FOOD and MEDS: Celmar (6407, -1831 & 6596, -1777)
StarSiderShadrach
Sun Mar 21, 2004 12:29 pm
#4

I only stock singles, 5-packs and 25-packs on my vendor. I price them all at the same rate.
MuttonJedi
Sun Mar 21, 2004 11:36 pm
#5

I price crates and singles the same also. I figure saving backpack space is enough incentive to buy in crates already.


Mutton
Armeno
Mon Mar 22, 2004 12:52 am
#6

yes I agree with the above. Originally I thought the same thing discount larger purchases, but then I found that with so much disposable income available to most players theres no point in discounting large puchases. I now just price according to what I'd want per unit and multiply to the crate size. theres really no incentiveto price differently. Unless its a wholesaling contract worth a few million it doesn't matter if I sell today or 5 days from now. I have enough credits that I don't care.


So I'd suggest if you're just starting out maybe give a little discount for a large order, otherwise if you're an established chef theres really no point in discounting. If you're waiting on credits to make a purchase, like upgarding your harvesters then give a discount to get the cash as fast as possible, otherwise who cares jsut do less work and sell for more in another day or so.






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Numen
Mon Mar 22, 2004 9:05 am
#7

I don't even put anything other than full crates on my vendor.


BE food IMO is limited to high end players. They are the ones that can afford to pay 1k for a dose of BE Thaktillo.


Regular food even at 50k a crate isn't that much for a newbie. Most of my food is 25k ish but a majority of what I make is probably not for the casual player anyway. Most of it I would say is for PvP with all the devense skills.



The biggest issue I have with putting smaller amounts on the vendor is that I normally have 200-300 crates on my vendor normally. If I split some of them up I would be well over 300 and close to 400.


I know I may be losing some business. But if losing a little business allows be to always stock 20+ foods I can live with that. If people come to my vendor and see something they want but can't afford I completely expect to have it still on my vendor if they happen to come back when they did get the credits.



I would however make an exception to all the above if I had my own cantina and could have 4-5 vendors up. I just don't want to mix singles and 5 ct crates along with all my full crates.



Amandil Morier - Tempest - Master Chef
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