Prices too low ?

[Belthar]

The topic is prices, would like to hear from crafters, especially in albion, what they think of the prices for 99 and MP items .

Too low in your oppinion, just about right or too high ?

As I see it there are many crafters now and the prices are droping all the time. I'm affraid that the prices will be too low for my likeings, if they aren't already.

P.S. Ppl leaving game every day isn't helping either.

 

[parlain]

Have charged same prices since I started selling; manage to keep myself fairly busy when I want to so I'm either:

a) Charging market rate or under it such that ppl can't find much difference shopping around

or

b) Prices have dropped so far that most crafters really can't be assed taking orders from non guildies or do MP orders and sell on the 99s cheaply etc.

I'm voting for b) since on average over a week of crafting I'll making around 0g profit

Money comes from farming seals and hinging than crafting 99s for people anymore, there is a 0% profit margin unless you are consistantly beating the 1/6 rule for 99s

 

[Khalen]

I've still got same prices when I started and still getting money. Maybe small amounts but the more orders the more profit

And MPs still differ a lot of price. I've made MPs in 13, 7 tries and MPs in 50+ tries. Just unlucky for a person who had that and lucky for another but hey that's random system. That's why I say to people to get loads of cash first before ordering so they get what they want

 

[Pin]

I certainly don't see a shortage of customers. What I do see is a shortage of customers with any respect for the amount of time it takes to make stuff.


As for general prices... For weapons if I only craft MPs, and sell all the 99s I make at market price (sell all 99s? yeah right), it works out to about 500g an hour, which isn't bad, but I can do better doing other things.

P.S. Ppl leaving game every day isn't helping either.

For every person that leaves the game theres another that starts playing (actually more start, as the server population is still steadily rising).

And lots of people roll alts which require equipment, or people want second, third, fourth SC suits, etc...

 

[old.shotgunstow]

Originally posted by Khalen
I've still got same prices when I started and still getting money. Maybe small amounts but the more orders the more profit

And MPs still differ a lot of price. I've made MPs in 13, 7 tries and MPs in 50+ tries. Just unlucky for a person who had that and lucky for another but hey that's random system. That's why I say to people to get loads of cash first before ordering so they get what they want

Hah, I made a MP first try once.

But yes, as long as crafters stick to their guns and charge what it costs +10%, they will be fine, and still make profit.

 

[kathal_tdd]

I make a LOT of MP hinges, but nobody wanna buy them
They will regret when guild houses and such comes

I make lvl 50 items for my guild and lvl 49- when I got time.
Crafting takes a LOT of time and you gain close to nothing, so why bother

 

[Stormm]

the amount profit made when making an MP order really doesn't justify the amount of time it can take imo

and the profit on 99%'s is so minimal that certainly doesn't justify time involved levelling both ac and a tailor to lgm + time to make items


seems a bit daft when a skilled crafter can make much more profit simply farming than bothering to actually make and sell stuff


but thats the way it is - what can ya do. really think its about time Mythic addressed the crafting system and made it more worthwhile --- at least let us lgm's have the ability to personalize armour or smthing

 

[Restart]

Ever tried buying a MP or even 99%qua chain set in alb? if not go found out then tell me again if you think the price is too low... and if you still think it is too low, then you obviously look like this irl..

http://www.thesimpsons.com/bios/images/bios_townspeople_burns.gif

:/

 

[parlain]

Originally posted by Restart
Ever tried buying a MP or even 99%qua chain set in alb? if not go found out then tell me again if you think the price is too low... and if you still think it is too low, then you obviously look like this irl..

http://www.thesimpsons.com/bios/images/bios_townspeople_burns.gif

:/

Every tried making a MP or even 99%qua chain set in alb and seeing how much it costs? If not go find out and then tell me again if you think the prices is too high...

 

[Talifer]

It's really very simple, it costs on average 470g to make a 99% top level weapon (with exceptions). Therefore I do not sell 99% weapons for less than 470g. If other crafters want to sell 99% items under cost value because some other sucker is paying for all the retries then so be it, it will not affect my prices. I now sell weapons when the opportunity arises but do not set up shop, I have better things to do that spend hours trying to sell my wares for less profit than 10 minutes in AC

Talifer

 

[Restart]

Originally posted by parlain
Every tried making a MP or even 99%qua chain set in alb and seeing how much it costs? If not go find out and then tell me again if you think the prices is too high...

aye that's what i meant hard to get thing's right late at night after hours of mindless exping

Edit: I think.....confused now :/

 

[parlain]

Originally posted by Restart
aye that's what i meant hard to get thing's right late at night after hours of mindless exping

Edit: I think.....confused now :/

Just for your benifit here's a reminder; I'll be using plate since that's what I'm comfortable with-being a Paladin and all

Chance to make 99% = 1/6
Usual number of retries to make 99% = 5 (gives 6 tries including the original make)

Cost to make 1 full set arcanium full plate = 1p 437g 20s 90c
Price this same armour sells back to the merchant for ~75% of craft price give or take a few g = 1p 77g 90s 68c

Therfore cost of retry = 359g 30s 23c

Therfore cost of 5 retries = 1p 796g 51s 13c

Add in the cost of the set you are selling to the customer and not the merchant at 1p 437g 20s 90c and the cost for creating a full suit of plate comes to a grand total of...

3p 233g 72s 2c

I sell a suit of plate for 3p 300g (due to rounding on indiviual pieces)

ooo a whole 66g 27s 97c profit!!!

And that's only if you tailor yourself-if you include the 10% markup reasonable tailors charge on linings (minor aside to tailors who want to charge more-gl selling linings, esp the one who quoted 25% markup on linings ) then the prices rise to 1p 458g pre make for the same sellback price; meaning a suit costs 3p 364g to make

ooooo a whole 64g LOSS for making armour! great value for-

Sourcing the tailoring or making it yourself-36 pieces@60ish secs a piece including buying time=36mins

Making the strapping/wire and buying the materials for it then making the 36 pieces to get 99s@60ish secs a pieces=36mins

and that's going at optimal speed on an average of 6 tries and starting at a forge WITH tailoring availiable-as a rough measure I give myself around 2 hours to do a set.

Don't point to the "ooo but sometimes you only take 1 try for a 99s"-yes sometimes I do, but then sometimes I take 10-ask any tailor I buy linings off and they will say I always order in batches of 10 to ensure I have a fighting chance of getting the 99. There's a reason it's a RANDOM chance to make a 99...

If you think you have more luck than I then feel free to order by retry

Don't point to the random chance (2%) of making a MP in the order it's VERY random and often never sells for the 50 retries it's value actually is because people figure that it comes from the making of 99s anyway and may well refuse to pay that cost (Don't ask me about MP prices because to date I have only offered MP's I make to guild members or friends at a much reduced rate and not all too keen on much much I could get for em)

Summary of figures:

sell plate@3.3p
cost to make plate@3.24p or 3.36p
profit/loss for 1-2 hours time=60g

As a side point if DF is open:

Seals per hour in friar duo (0 downtime, mob kill takes 1-2mins, drops 0-6 seals): 30-90 (ish) depending on how camped DF is and how lucky we are with drops

profit for 1 hours time: 300g-900g

number roughly of asterite bars per diamond=6.5
time taken to hinge 1 diamond~30secs

Diamonds I can hinge in an hour~120

profit for 1.5 (ish) hours time having farmed diamonds then hinged them or sold them: 450g-1200g


Now come back and tell me prices are too low and that I am making uber profit

And people wonder why most Legendary Crafters are retired

 

[Stormm]

wish i could copy paste this into Daoc for those peeps that respond with 'how much!??? :/'

 

[kathal_tdd]

Spot on
Thats precise the situation.

/salute parlain

 

[Herbal Remedy]

Parlain is my hero irl

 

[svartmetall]

I'd like to order a MP cottage please, the toilet in mine has gone down to 47% Dur already.