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I'm failing miserably at pricing my goods --

Simcountry: Simcountry Bulletin Board  I'm failing miserably at pricing my goods --

Tanje

Sunday, April 04, 2004 - 04:49 am Click here to edit this post
at some time, I read a bulletin message that said we should price our products at the quality level plus 100%...ummmm, it's not working for me. In fact i'm having trouble selling anything and I have a lot of red lined products.

What is, in your opinion, the best way to price goods? Need lots of help since I think i'm going to be going under if i can't start selling stuff soon...best price wasn't even working. Starting to get paranoid :)

Gumbria CEOs ask

Monday, April 05, 2004 - 12:28 am Click here to edit this post
try product quality -100

a normal product with quality upgrades has 100: so you start selling at 0% above market price.
at maximum you have a product quality of 260, so you sell the product at 150% above market price. Works fine for me, but I don't really know if it's the best way.

Tanje

Monday, April 05, 2004 - 06:46 am Click here to edit this post
Thank you -- I know this isn't rocket science, but it's beginning to feel like it -:)- each strat I've tried so far is leaving me with tons left over.

So, Gumbria, if I understand what you're suggesting -- since most of my companies are 130 to 150 quality ATM, for a company with 130 product quality, I should set the "above market price" to 30? (FYI, the 130 above is what got me into trouble in the first place :) ... all my service companies, for example, are bleeding to death.

Many thanks for offering your suggestion...always looking to learn more ;)

Trade Imperium

Monday, April 05, 2004 - 06:02 pm Click here to edit this post
Its almost impossable for service companys not to turn over their output with the huge shortarge of services. My service companys reguarly sell their product at MV+150% and some of their output is as low as 140 quality.
I don't see why yours wouldn't be able to do the same...

Beta Industries

Monday, April 05, 2004 - 08:56 pm Click here to edit this post
If the demand is there then they should sell at any price, especially to countries.

If a country cannot buy what it needs at "best price" it'll buy them on an immediate order and that's when you can sell at highest prices.

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