Doctor Archive

Thread: Help With Medical Pricing

TheOzzmanDPG
Thu Jan 22, 2004 8:57 am
#1

I just made master doc and i was thinking about openning a shop. I have some really great resources so i can make some good stuff. What i was wondering is if there is a master list for prices anywhere. I need to know the average price for just about everything. I want to sell crates of components as well as all types of stims. I also need to know the price of selling enhance packs. Please help me out.



Valcyn Community Advocate
I will one star and flame EVERY post not related to increased prosperity of the Valcyn Community.


Ozz
TheOzzmanDPG
Thu Jan 22, 2004 2:42 pm
#2

can anyone help me out?



Valcyn Community Advocate
I will one star and flame EVERY post not related to increased prosperity of the Valcyn Community.


Ozz
Songe
Thu Jan 22, 2004 3:24 pm
#3

Depends on the stats really. Can you be more precise?



------

Novice Lekku Stomper
Sif
Thu Jan 22, 2004 3:26 pm
#4

A lot of info can be gleaned from your server's trade forum, especially for determining the value of meats and other resources. There are several variables in pricing. They include but aren't limited to: your server's economy, your cost in acquiring resources and paying maintenance/power on your factories/harvesters, the profit margin you want to realize, travel costs, and time costs. Many of these are subjective, but if your server has a well-stocked medical vendor somewhere, it may be worth a visit to check out the competition. It's difficult to set a standard price because everybody's costs are different and everybodyvalues their time differently. I'd suggest you figure out your cost, multiply it by the profit margin you want (for a 200% profit margin, multiply by 2, for a 250% profit margin, multiply by 2.5, etc.), then add the cost to that value. (Cost x Profit Margin) + Cost = Price (round this off to a nice number, people like nice numbers LOL)





=========================================
Col. Edlas Ariarti, M.D., M.P., RogSq

Please do not confuse me with Siff. This handle comes from a nickname I had on another game I used to play.
Happymob
Thu Jan 22, 2004 3:35 pm
#5

Here's a suggestion - look at the number of resources used, and start off by pricing at a set cpu. I would suggest 6 to 8 cpu. For the items that are fast movers, slowly up the price. If something stops selling, bring the price down a bit until it starts selling again. Eventually you will settle on a good value for each item (some items will have much higher cpu values than others), but even at 6 cpu, you should be making a good profit.




Imadoh and Ikiecobi
Quality Resources and the Corellia Butcher - NoCo
NoCo Trade Center, Corellia (just northeast of Coronet) 796, -3076


Callyndra
Thu Jan 22, 2004 8:06 pm
#6

I use stat-based formulas to determine pricing. There's a URL in my sig that will take you to my PA's boards where I keep a list of them. Feel free to use/tweak them until you come up with prices you feel comfortable charging.



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Callyndra, Elder Medic
(Formerly Master Doctor (7/12/03), Master Combat Medic (7/25/03)
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Co-administrator of the Corbantis.org Message Boards

Former owner/operator of Callyndra's Meds (7/15/03 to 11/15/05)
Co-founder of the late Corbantis Medical Dealers Association (Pub 9 to CU)

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Lunah75
Fri Jan 23, 2004 8:03 am
#7

Or just check out other docs vendors to get a feel for prices on Valcyn. I am sure you know of Billybong, I would see what his prices are and stats and maybe start there. I know that I and many other docs on Valcyn get our buff packs there as they are great quality and good prices. If you offer the same quality and prices and advertise I am sure you would do fine....another Valcyn doc is HostageH, not sure if he sells stuff though.






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