When I first started Eve, I was very intrigued as to how to run a market in isolated space. I have run a PI buying program in wormholes for a long time, and have more recently been seeding a nullsec outpost.
Recently I received an interesting juxtaposition of emails in the nullsec hub that I am seeding.
SOV is changing and shit may hit the fan, If you got stuff in <nullsec> you don't want lost get it out now while you can. If you plan on not being around you may want to send you stuff to <highsec> while you can. Hope no one has to firesale there eve life.
Someone is playing games in <nullsec> market and has bought up and relisted cruiser hulls to double their value.
If you need ships, there are builders that would love the business, don't get caught paying rediculous prices. Let them rot on contracts so that the numbskull who relisted them loses money.
Thank you, have a profitable day!
Details of systems have been obscured and who sent these emails are not included. Spelling error are (for once) not mine. For those that really want to know where I am in game, it's not hard to find out.
I had just manufactured several cruiser hulls and listed them on the market ... for double Jita price.
My market strategy is OK, but not brilliant:
- Find a T1 item not on market.
- Find a blueprint for that item (a while ago I went on an aimless BPO research spree that I am now tapping into, and supplementing with imported BP's)
- Buy raw mats locally
- Build it
- Sell it
- Find an item that can't be made locally (especially skillbooks)
- Import it
- Sell it
I use long sell orders, and revisit them very rarely, on average every 6 weeks.
When I am undercut, I pull the items from the market and put them into storage, and find something else to sell. I am also training for more trade slots. Far too often, then undercutter sells one batch, realizes it's work and then gives up. I then put my items back onto the market.
Some items move slowly. Some move quickly and I am not good enough at keeping on top of these. Some don't move at all and these are pulled from the market.
I have not 'flipped' anything in null. The closest I come is putting up buy orders on PI and then reselling it, and even that is currently rare. I don't have the spare trade slots.
I currently have 600 trade slots in null. Small fry for some of the bigger industrialist bloggers, but far exceeds most of the local players. Many of the better locals have 30 trade slots, and I encourage them to fill every one of them.
My strategy means that if I were not there, then no one would be selling those items.
If I wanted to make stuff for Jita prices, I would do so in highsec, with the risk that comes from being a station builder in highsec. Instead, I am currently trading in null, and add an 'at risk' component to the pricing. At the moment, all sales are re-invested into new raw materials or items. One day they will be taken as income.
I welcome people undercutting me. Buyers on the market use others undercutting as their trump card to 'force' me to lower prices, and find my attitude on this confronting. Sellers find it confronting because I should instead be defending 'my turf'.
Any seller, listing anything adds to the market. I have 600 market orders. There are thousands of items just in ships and their various fittings. Then there are just as many components in various stages of refining in order to make these ships and fittings.
For every item currently on sale in my nullsec patch, there are at least 2 other worthy items not being sold. I choose selling a new item that no one is covering over fighting over an existing one.
Buyers want to buy stuff. If there is no one selling it, they cant. My experience is that buyers want to buy complete fits. If they have to go to 5 different systems, they will often give up and wait until a jump freighter run, or simply go without. My experience is that if they can fit in one spot they will do so. If they come for a shopping trip, they also buy for their future.
There are some that think that Jita + 200% is too low. http://evenews24.com/2015/05/19/confessions-of-a-trader-you-are-blue-to-us-right/ makes for an interesting read.
So, if you happen to find yourself in a nullsec region, and you can not find what you want, at a price you want to pay for it, then import or build it, and put spares on the market.