Doctor Archive
Thread: Formula
Thank you.
I don't have a formula, per se, but what I do is calculate a rough cost for producing the stim, including the resource and manufacturing costs of the components (e.g. Liquid suspension). I think a lot of people would be shocked if they added up what it really cost them, exclusive of time, to produce a stim B. When valuing the cost of the resources, I often use the replacement cost of those resources rather than what I paid for them, since rare resources (like high quality herbivore meat, or good lokian wild wheat) can have wildly fluctuating prices based on current availability, and since I need to replace those resources so I have enough for my own use. I'm on Sunrunner, and usually use an average price of 6-10cr/unit for rare resources, 3-5cr/unit for "regular" resources.
Then I mark that up some to get a reasonable price. I compare that price to what people are charging on the bazaar. (Supply & demand have an effect on pricing.) And I set a price that is above my costs and reasonable relative to the current market.
So, for example, for StimB packs with 40+ charges and high 300's heal, I'll charge between 900 and 1200 credits, which yields me a VERY modest profit. I'll charge less if I need to make quick money, more if I can wait.
As my supply of high quality rare resources dwindles, my prices for Stims will go up, or I'll stop selling them since I need to use those resources to make my enhance packs, which are a better source of revenue to me -- but then, I'm not primarily in the pharmaceutical sales business.
Hope that helps.
Forget formulas. There is no formula. Run around to all the other medical shops on your server, check the bazaarand compare and contrast the prices of your items with theirs. Are you selling off a vendor or bazaar that is also important. I sell c stims on the bazaar at 3000 but less than 2000 in crates of 10 and 50 on my vendor. Also u can jack the prices up even more (well, 3000 is the limit but maybe on b stims and other meds) if you sell bazaar singles on endor, dath, lok or other advanced planets.
The pricing formulas I use are at the URL in my sig, feel free to use or modify any of them to fit the pricing on your server.
For woundpacks, I go by Charges x Rating x 20%. Seems to work well.
Callyndra wrote:The pricing formulas I use are at the URL in my sig, feel free to use or modify any of them to fit the pricing on your server.
For woundpacks, I go by Charges x Rating x 20%. Seems to work well.
Thanks alot that's what I guessed it would be.