Chef Archive

Thread: Priceing anyone?

STLpMpNu
Sat Jun 25, 2005 8:39 am
#1

Well im a 12 point chef 14 point artisan more resources than what i know to do with. But sales have slumped past week or so didn't know why till i checked the bazzar and other chers/artisans are selling foods for 1/2 the price wondering if anyone else is seeing this.


As is supliments if you don't make yourself it costs roughly 40k a crate give or take a bit then you have the resources usually a high quality to make the foods and in turnaround if you don't harvest yourself its roughly 8+ cpu. When i make the foods i like to look at what the resources cost market value because that is what you are actually paying for.


I guess what im getting at should i just start undercutting everyone else or just go to a price match. All of my foods are nothing less than what i would use in pvp myself. So its all top end.


Advicefrom vetran chefs would be appreciated.



NoS Mall-Dragons Hold-Corellia
NoS Chef Vendor -1941 -4546
audioslaves
Sat Jun 25, 2005 8:46 am
#2

To be honest I don't know how anyone makes a profit without making the BE tissues themselves (or at least having all the supplies and paying for schematics). Chef is made so that most of the cost is in the BE tissues rather than in the finally product so that would be my only recommendation...



Lark

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STLpMpNu
Sun Jun 26, 2005 8:17 am
#3

Well i make everything from beggning to end myself. But when i figure out pricing i charge what market value is for everything thats really the only way to determin wether your makeing a profit or not. Because if not your takeing a loss somewhere either being the be aditives or the resources and your not getting paid for the time took to make the stuff.



NoS Mall-Dragons Hold-Corellia
NoS Chef Vendor -1941 -4546
symmetry
Sun Jun 26, 2005 5:23 pm
#4

I'm sure you're looking for more help than this, but price things how YOU need them to sell. If you have a sizeable enough bank account that you can go long periods without much in sales and don't like having to craft for several hours a day, then price them a little on the higher side. If you need the income to pay for other things and it hurts you to not do much in sales every day, then start bringing your pricing down.


After the CU hit, I was one of the only chefs that was producing right then, so my sales soared after the CU. I found that with me being the only chef around right then mostly, I had to raise my prices quite a bit just to keep it in stock and not flying off the shelves as soon as it was stocked. I was literally up to 450k/crate for some foods for a little bit. I'm not a greedy guy, I just didn't want to have to spend hours and hours running my factories so I raised up to that so that it would last for a few days to restock. As my business started settling down, I've lowered my prices back to normal and sales are normalizing. It's all dependant on your play style. I pretty much use the supply/demand schema. I do a little bit of price checking, but if I make some food and price it at 200k/crate and I see it all gone by the next day, then I know it's in high demand and I've priced it too low, and I raise the price some.


Hope this helps a little bit.





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STLpMpNu
Mon Jun 27, 2005 9:22 am
#5

Yah i understand the whole supply and demand deal. I just noticed alot of others on the server are charging 1/2 the prices i am i seen some crates of lets say blop candy +18x selling for under 100k and other items like that just generally far underpriced on the resources/tissues required to make it.



NoS Mall-Dragons Hold-Corellia
NoS Chef Vendor -1941 -4546
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