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Post by mikal on Oct 24, 2009 16:16:52 GMT -5
Hey everybody, I joined the party a few days ago but only just now got my forum account working so I can say something to everyone I'm relatively new to eRepublik, having joined on day 666. I just recently got my hard worker badge (recently = today). Me and Matt were talking a bit about business and stuff and he said I should check you guys out. Have to say, reading some on your ideology I like what I see and it looks like it could make for a stronger market. As for what I'm doing in eRep right now, I'm currently a 3.9 land skill worker working for ~3.01USD a day (yeah, ouch, I think I'm gonna look for a new job soon... Definitely by the time I hit 4) and I'm working on saving some money up so I can work on opening a business with Matt and share some profits Hope you guys don't mind a mostly-noob crashing your party
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Post by Duke of York on Oct 24, 2009 17:07:08 GMT -5
Welcome to the USCP, Mikal. I run a company myself and can offer some tips on what NOT to do, at least.
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Post by mikal on Oct 24, 2009 19:05:54 GMT -5
Nice to hear Duke of York. I've spent a fair bit of the last week crunching numbers on a spreadsheet to see where would be a good place to go and I think me and Matt are going to make a weapons plant in the US. Should be a sound place to put a Q1 weapons plant since my whole eLife so far we've been in war, so there is plenty of demand
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Post by CrazyHotRedHead on Oct 26, 2009 5:29:27 GMT -5
It won't last unfortunately. Every market is subject to fail because there was a lapse of a few months of no war before the 100+ day war started.
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Post by Duke of York on Oct 26, 2009 15:11:09 GMT -5
The trick to both of the cyclic demand products (moving tickets and weapons) is to have enough resources to lay in a large supply and wait to sell during the peak demand (elections and wars). ERepublik places larger lots of products at the top of the marketplace list, so this gives you an edge over the other people selling smaller lots. It is possible to stay in business selling these things all the time (I do), but you make a smaller profit (I do that, too).
Food is a harder market to enter because its selling price is always very low. You have to have really productive employees to make it work, and productive workers are expensive.
I don't really understand how the gift market works, so I won't embarrass myself by guessing.
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Cloyd Wallis
New Member
Senior Capitalist Member
Cloyd Wallis
Posts: 1,821
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Post by Cloyd Wallis on Oct 26, 2009 15:41:20 GMT -5
WARNING!!!!! the War is ending.... well, it is over. The demand will fall soon. It has began already and that is why prices have gone down and wages as well. Now there are to many weapons out there to be sold. TO MUCH DEMAND. Trust me... I own a weapon company and a hospital company.
I produced weapons the entire war... waiting and waiting on when to sell. I finally made it to 450 Q1 weapons in supply and I noticed the price dropping so I sold quick. Lost some potential profit doing so. Although, If you want to buy a weapon company in South Africa I could hook you up.
I must say though, in time of demand.... weapons are the best market place to be.
Rather then that, welcome to the party. BTW, I am Cloyd, current PP.
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Post by shadus2009 on Oct 27, 2009 16:26:00 GMT -5
welcome aboard, and dont worry you arent the only noob around
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