Thatpyrodude 2008 Share Posted September 23, 2011 The new Ore shop has opened. Locations: Alras Prices: Buying diamonds 175 each Buying Iron 15 each Buying Gold 10 each Selling diamonds 350 each Selling Iron 35 each If ye would like to buy or sell come to one of our shops or Place a note under this add. Link to post Share on other sites More sharing options...
Eilenach 4 Share Posted September 24, 2011 OOC: I do not know where Alras is so can you pm me because I want to buy the diamonds. Link to post Share on other sites More sharing options...
Boaz 57 Share Posted September 24, 2011 Your shop is like Araina's Admin shop, Buying everything extremly Under-Priced. Selling everything extremly Over-Priced. 1 Link to post Share on other sites More sharing options...
Thatpyrodude 2008 Author Share Posted September 25, 2011 Just got a shipment of 10 diamonds. Link to post Share on other sites More sharing options...
Tegrof 46 Share Posted September 25, 2011 It's shops like this that destroys the economy of Aegis. It's not serious pricing. Link to post Share on other sites More sharing options...
Darthsnackums 2 Share Posted September 25, 2011 If you don't want to buy don't buy, if you don't want to sell don't sell. My prices are better in Alras. Link to post Share on other sites More sharing options...
Golden_Richards 19 Share Posted September 26, 2011 Your shop is like Araina's Admin shop, Buying everything extremly Under-Priced. Selling everything extremly Over-Priced. It's shops like this that destroys the economy of Aegis. It's not serious pricing. *incredibly long frustrated sigh* In the politest way possible, you do not understand how wholesale supply works. This store is obviously not geared toward those selling a single ore... or a single diamond. you are correct that at those numbers, you can do much better. But expecting to get near-retail prices, when selling to a retail merchant... is just not realistic. Let me put it to you this way: Consider this store (and at various times my stores) as Wholesale Purchasers. "But Mr. Richards... I don't know what that means". Well Sonny, Lets have a chat about the finer points of buying and selling... and where each person fits within this lovely economy we have. At one end of the scale you have Mr White. He's new in town and an eager beaver when it comes to mining and loves to find those ore!!!. Lets say Mr W has 10 iron ingots that he wants to sell. He can ask around and find some buyers, but this takes a lot of time away from his mining. to go further... lets say that he has 1000 iron ingots. How is he going to sell them all!? Now lets meet Mr Red. He just loves to buy and sell. He's worked hard and saved up all his Mina so he can buy a store in the capital. He does some business for a while, but business is growing and he can hardly keep up with his demand!... he doesn't have a lot of time to collect things himself, but he suuuuure does have a lot of Mina to spend! The Value in selling at bulk wholesale rate is that they will generally buy bulk amounts of stock! Want to sell me 1 iron? Great... want to sell me 100 iron? Even better... want to sell me 1000iron? Get in my gosh-damn life because I need you. You can not expect someone to pay the same rate for 1000 that they will pay for 100 though, or 10, or 1... but you can make serious Mina RIGHT NOW!... rather than make perhaps 50% more, over the next couple of months. (This is a good segue into talking about the costs involved in holding stock, and things like cash flow [eg. i've just spent 10,000mina on an order, but will not see profit from that order for many weeks] but this is a conversation for another day) I have made some assumptions here, but I assume that at his prices he is set up similar to myself (i.e. if his max stock for iron buying is less than 500... he's doing it wrong). The greatest thing of all though, is that if you don't want to sell your ore for these prices... you don't freaking have to!!!. And chances are that if that's the case, this store isn't aimed toward you anyway. Lots of Love, Golden Richards 2 Link to post Share on other sites More sharing options...
Anore 2015 Share Posted September 26, 2011 Well said by a master merchant Link to post Share on other sites More sharing options...
Thatpyrodude 2008 Author Share Posted September 26, 2011 *incredibly long frustrated sigh* In the politest way possible, you do not understand how wholesale supply works. This store is obviously not geared toward those selling a single ore... or a single diamond. you are correct that at those numbers, you can do much better. But expecting to get near-retail prices, when selling to a retail merchant... is just not realistic. Let me put it to you this way: Consider this store (and at various times my stores) as Wholesale Purchasers. "But Mr. Richards... I don't know what that means". Well Sonny, Lets have a chat about the finer points of buying and selling... and where each person fits within this lovely economy we have. At one end of the scale you have Mr White. He's new in town and an eager beaver when it comes to mining and loves to find those ore!!!. Lets say Mr W has 10 iron ingots that he wants to sell. He can ask around and find some buyers, but this takes a lot of time away from his mining. to go further... lets say that he has 1000 iron ingots. How is he going to sell them all!? Now lets meet Mr Red. He just loves to buy and sell. He's worked hard and saved up all his Mina so he can buy a store in the capital. He does some business for a while, but business is growing and he can hardly keep up with his demand!... he doesn't have a lot of time to collect things himself, but he suuuuure does have a lot of Mina to spend! The Value in selling at bulk wholesale rate is that they will generally buy bulk amounts of stock! Want to sell me 1 iron? Great... want to sell me 100 iron? Even better... want to sell me 1000iron? Get in my gosh-damn life because I need you. You can not expect someone to pay the same rate for 1000 that they will pay for 100 though, or 10, or 1... but you can make serious Mina RIGHT NOW!... rather than make perhaps 50% more, over the next couple of months. (This is a good segue into talking about the costs involved in holding stock, and things like cash flow [eg. i've just spent 10,000mina on an order, but will not see profit from that order for many weeks] but this is a conversation for another day) I have made some assumptions here, but I assume that at his prices he is set up similar to myself (i.e. if his max stock for iron buying is less than 500... he's doing it wrong). The greatest thing of all though, is that if you don't want to sell your ore for these prices... you don't freaking have to!!!. And chances are that if that's the case, this store isn't aimed toward you anyway. Lots of Love, Golden Richards Exactly Link to post Share on other sites More sharing options...
trotski24 24 Share Posted September 26, 2011 Bravo *claps* Link to post Share on other sites More sharing options...
LuigiNova 28 Share Posted September 26, 2011 How much would you sell 19 Gold for? I am despertate for Gold and no one really has as much as my quantity needed. Link to post Share on other sites More sharing options...
Zyn 2 Share Posted September 27, 2011 *incredibly long frustrated sigh* In the politest way possible, you do not understand how wholesale supply works. This store is obviously not geared toward those selling a single ore... or a single diamond. you are correct that at those numbers, you can do much better. But expecting to get near-retail prices, when selling to a retail merchant... is just not realistic. Let me put it to you this way: Consider this store (and at various times my stores) as Wholesale Purchasers. "But Mr. Richards... I don't know what that means". Well Sonny, Lets have a chat about the finer points of buying and selling... and where each person fits within this lovely economy we have. At one end of the scale you have Mr White. He's new in town and an eager beaver when it comes to mining and loves to find those ore!!!. Lets say Mr W has 10 iron ingots that he wants to sell. He can ask around and find some buyers, but this takes a lot of time away from his mining. to go further... lets say that he has 1000 iron ingots. How is he going to sell them all!? Now lets meet Mr Red. He just loves to buy and sell. He's worked hard and saved up all his Mina so he can buy a store in the capital. He does some business for a while, but business is growing and he can hardly keep up with his demand!... he doesn't have a lot of time to collect things himself, but he suuuuure does have a lot of Mina to spend! The Value in selling at bulk wholesale rate is that they will generally buy bulk amounts of stock! Want to sell me 1 iron? Great... want to sell me 100 iron? Even better... want to sell me 1000iron? Get in my gosh-damn life because I need you. You can not expect someone to pay the same rate for 1000 that they will pay for 100 though, or 10, or 1... but you can make serious Mina RIGHT NOW!... rather than make perhaps 50% more, over the next couple of months. (This is a good segue into talking about the costs involved in holding stock, and things like cash flow [eg. i've just spent 10,000mina on an order, but will not see profit from that order for many weeks] but this is a conversation for another day) I have made some assumptions here, but I assume that at his prices he is set up similar to myself (i.e. if his max stock for iron buying is less than 500... he's doing it wrong). The greatest thing of all though, is that if you don't want to sell your ore for these prices... you don't freaking have to!!!. And chances are that if that's the case, this store isn't aimed toward you anyway. Lots of Love, Golden Richards I get your point, was going to QQ but I realized my only real problem with your business model is that I feel wholesale transactions should not be automated, ie. RP your contracts and supply contacts. What pyro is doing is legit and also Sting, you have to realize that while you may feel that this kind of business model is a drain on the economy. Also note that the only people who sell to these kinds of orders are either; a. New to the server. or b. already filled up the higher paying orders. These kinds of shops are made for the impatient, and it is a good addition to the server. Best of luck on your endeavors. Link to post Share on other sites More sharing options...
Golden_Richards 19 Share Posted September 27, 2011 I feel wholesale transactions should not be automated, ie. RP your contracts and supply contacts. I absolutely agree with you. When Firespirit showed up at the door of my HQ over the weekend to negotiate a private contract, it was some of the most fun RP i've had. The thrill of the sales process and closing the deal with both parties satisfied was incredibly similar to the feeling I get when negotiating contracts IRL. Also note that the only people who sell to these kinds of orders are either; a. New to the server. Again you are completely correct. Some people who come to the server and want to make Mina don't want to swear an allegiance or work for an employer... although these prices are low, the high 'max stock' limit essentially allows them to go into business for themselves as "Freelance" wholesalers. Personally my stores have all had a max stock of 200 iron whilst I re-establish myself and build momentum again, but by the end of this week I will have moved it up to at least 600 per store. between that and the 1000 wool that each of my stores are going to buy, Several people can be self employed as freelancers to the Golden Harvest, without ever needing to deal with me as an employer (though I like to think of myself as a good boss ;) ) Having multiple stores in this end of the market will only do good things for the economy. Once these freelance wholesale suppliers have built some liquid capital, it stands to reason that they may like to jump the fence and become Retailers of their own product... and thus the circle of life continues =). Golden Richards 1 Link to post Share on other sites More sharing options...
Solan (Elite117) 82 Share Posted September 27, 2011 An interesting and well thought out discussion about the economy. Excellent job. Link to post Share on other sites More sharing options...
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