Lt. Commander
Join Date: Dec 2007
Posts: 120
# 1 Hm... Pricing
01-10-2011, 04:51 AM
Not sure where to put this, my apologies if the forum is unappropiate:

I recently figured out I had a KDF Alien Science Boff with Transfer Shield Strenght 3.. Checked the exchange and the only one there was listed for 29mil.

I know this is a rare power, possibly more than ASIF3.. But 29mil?

What is the approx value of this BOff?
Lt. Commander
Join Date: Dec 2007
Posts: 120
# 2
01-10-2011, 05:04 AM
There is no good value to go buy, unfortunately. I think it shouldn't be more expensive then on the Fed side, but that's just wishful thinking. I suspect you could sell it relatively quick at something below 10 Million. (And if only to the guy selling the other one at 29 Million so he can protect his sale.) But if you don't need the money, you can take any price up to 29 MIllion and wait.
Lt. Commander
Join Date: Dec 2007
Posts: 120
# 3
01-10-2011, 06:33 AM
Aye. I've seen a couple of people who were pretty ecstatic about finding it in the 10 million range. Maybe you can sell it to a fleety who will put it to good use with a nice payment plan? lol.
Lt. Commander
Join Date: Dec 2007
Posts: 120
# 4
01-10-2011, 12:26 PM
When I sold mine a few weeks back there were 3 others up at around 16-18 million...
Lt. Commander
Join Date: Dec 2007
Posts: 120
# 5
01-10-2011, 02:31 PM
I suppose this is just another good reason for the upcoming Exchange Tax.
Lt. Commander
Join Date: Dec 2007
Posts: 120
# 6
01-10-2011, 04:23 PM
In my limited experience with buying BOs on the exchange, it appears that there are many fewer Klingon side officers listed. Therefore they are going to be higher priced than the same thing on the Fed side. I found several TSS3 at 9.5M EC.

The listing fee isn't aimed at bringing down prices, and won't do that. In fact it will probably raise prices on items that are meant to be sold. DStahl has said that the listing fee is aimed at keeping people from using the exchange for storage. This it should do. Expect to see fewer items listed once it goes into affect.
Lt. Commander
Join Date: Dec 2007
Posts: 120
# 7
01-10-2011, 05:17 PM
Hmm...

How about this for a fee system:

When an item is listed on the exchange, a fee is withdrawn from your cash, a percentage of the listing price (5% perhaps).

This fee is gone, no matter what.. So if you list an item for an obscene amount, and do not sell it.. You lose a percentage of that obscene amount.

So if you list a item for say 20 mil and doesnt sell it, you lose 1 mil credits.
Lt. Commander
Join Date: Dec 2007
Posts: 120
# 8
01-10-2011, 05:23 PM
How long can I leave the item up on the exchange?


If I'm only willing to take 20M for the BO, then I'll just jack my price up to something over 21M. Will that make you more likely to buy it?


And what is an obscene price? I've purchased two BOs for 5M each to get a specific skill. It was worth it to me. Is that an obscene price? What is an obscene price in a system that rains EC down on you just for participating?

A BO listed at 20M isn't really for sale - in my opinion - and is just there for storage purposes. The fee will discourage storage, and the BO will be taken off the exchange instead of being listed for the fee. The end result for people actually looking to buy a BO for less than "obscene" prices is that they won't have to look at any of them on the exchange.

Finally, I'm curious. Did you list the BO and at what price? Would you change the price if you had to pay the fee? If you had the fee AND a time limit, would you list at a lower price and chance not selling it, or would you wait until you were sure of your price? This is what makes real world economics so much fun.
Lt. Commander
Join Date: Dec 2007
Posts: 120
# 9
01-10-2011, 08:15 PM
Quote:
Originally Posted by MelineAaele View Post
How about this for a fee system:
When an item is listed on the exchange, a fee is withdrawn from your cash, a percentage of the listing price (5% perhaps). This fee is gone, no matter what.. So if you list an item for an obscene amount, and do not sell it.. You lose a percentage of that obscene amount.
From how I understood it, this is exactly the way they want to do it.

Quote:
Originally Posted by CrustyMac View Post
If I'm only willing to take 20M for the BO, then I'll just jack my price up to something over 21M. Will that make you more likely to buy it?
The way the Exchange fee works is real simple. Either someone thinks a price as high as that is worth the item, or you'll loose the fee with no return at all.

The higher you price your items, the less likely they are to get purchased.
The lower you price your items, the more likely they are to get bought, returning your fee with profit.
The in-between is where market knowledge and a bit of gambling come into play. A paradise for the Ferengi amidst us.

Quote:
Originally Posted by CrustyMac View Post
And what is an obscene price? I've purchased two BOs for 5M each to get a specific skill. It was worth it to me. Is that an obscene price?
Everybody will have to decide this for him- or herself, because everybody has a different amount of EC on his characters. I've been playing here since day 1, and neither of my characters has more than 2 million EC. Granted, this is due to me "wasting" a lot of time with roleplaying and stuff, but I still believe that the people who generate these ridiculous amounts of EC are comparatively few, and other players mainly just got rich by selling rare items to these "privileged" few people. That's not how a game economy can run, considering it leaves out the bulk of players.

"Obscenity" gets determined not only by peoples' pockets, though, but also by availability. Something that is extremely rare maybe really is worth that much. The problem is that in the Exchange there are currently items being offered at prices more than 10 to 100 times above their true value.

The reason? Because everybody else sells them at the same obscene price, too. Because people do not risk anything when offering these items in the Exchange. They do not have to sell. With the Exchange fee, they'll have to, or they will end up loosing EC. They will get an incentive to sell the item in question before the auction expires, so whilst low value items may rise slightly in price, I do expect to see a lot less ridiculously overpriced offers.

The Exchange will become a gamble to the seller and will have him calculate the likelyhood of making a sale, tailoring his offer more towards the general player crowd rather than hoping that some uber rich alt will buy it at the 20th time it gets placed. Some people might even find that interesting.

Quote:
Originally Posted by CrustyMac View Post
The fee will discourage storage, and the BO will be taken off the exchange instead of being listed for the fee. The end result for people actually looking to buy a BO for less than "obscene" prices is that they won't have to look at any of them on the exchange.
Given that said BO would not be offered for a normal price anyways, I guess this means that nothing would change - aside from the Exchange getting cleared of all those junk offers?
Lt. Commander
Join Date: Dec 2007
Posts: 120
# 10
01-11-2011, 01:09 AM
Quote:
Originally Posted by CrustyMac View Post
How long can I leave the item up on the exchange?
Mm.. Seven days should be enough for a sale?
Quote:

If I'm only willing to take 20M for the BO, then I'll just jack my price up to something over 21M. Will that make you more likely to buy it?
If the BO was worth it, sure.
Quote:

And what is an obscene price? I've purchased two BOs for 5M each to get a specific skill. It was worth it to me. Is that an obscene price? What is an obscene price in a system that rains EC down on you just for participating?
Anything that exceeds the "normal" price for an item, is obscene. Like, 10 MK X uncommon Graviton consoles listed for 100k a piece. An Aegis part listed for 20 mil (as I saw the other day).. Basically, force people to consider "Will I sell this item in seven days for the price listed?"
Quote:

A BO listed at 20M isn't really for sale - in my opinion - and is just there for storage purposes. The fee will discourage storage, and the BO will be taken off the exchange instead of being listed for the fee. The end result for people actually looking to buy a BO for less than "obscene" prices is that they won't have to look at any of them on the exchange.
Right, but some BOs *do* sell for those amounts.. People would pay a little fortune for a Efficient Saurian with a skill like BOL3, ASIF or similar.
Quote:

Finally, I'm curious. Did you list the BO and at what price? Would you change the price if you had to pay the fee? If you had the fee AND a time limit, would you list at a lower price and chance not selling it, or would you wait until you were sure of your price? This is what makes real world economics so much fun.
The whole point of me coming here asking, was to avoid listing the BO for X EC, if it wasnt *worth* X.. And no, havent gotten aorund to listing it yet.. Been rather busy helping fleeties with STFs and playing with Foundry. Ill probably put it up for 15 I guess, unless there are a bunch there at lower prices next time I check.
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