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Tuesday, April 8, 2014

Market Strategies

Quite often, I get requests from people on which items they should manufacture and sell.  Manufacturers and traders hold on tightly to their "trade secrets".  You are lucky to get a grunt out of someone when you ask them what they should make/sell or which is the most profitable. I will tell you this: You need to be very active in watching the market, knowing trends and often times, have a little luck.  Your success might even come down to what time you are logged into EVE, what market hub you are at and what the details of the next expansion are.  I have made some big profits with the changes to hybrid weapons.  I also gambled and lost a little on missile launchers.  There are tools that will help you like EVE Isk per Hour, but market research is probably the best way to secure profits when playing market games.  Be prepared to be tied to your market orders and playing the .01 ISK game (lowing your orders 1 cent below your competitor).  You might be better off building a "Market Toon" that just parks in the market hub and modifies orders.  Most market hubs don't have good access to manufacturing slots so you will need to move around if you don't have a market toon.  Also, places like Jita have a better moving volume, but generally lower profit margins. 

There are tons of market opportunities out there, whether you station trade or sell your manufactured goods.  You just have to find them.  There are very few (if any) people willing to let you in on their trade secrets and they find it rude to be asked.  You might not get a pleasant answer.  Just know, that 99% of the people who sell things on the market have found their own path to profitability.  You can too.  
As always, fly safe-ish.



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