|
|
|
List of forums -> Main forum of the online business game "Virtonomics" -> Ho do you deal with market crashers?Discussions on our virtual business game, your ideas and game mechanics
|
||
| Topic: |
|
|
|||||
|
| Message list: |
|
|
|||||||
 IT'S JUST BUSINESS! |
|||||||
|
|
|||||
| Hmm, I like idea 1
Shale I execute? "[+] Steel 383,351,964 q7.25" Steel market is in a low so I'm losing money, but with nearly a trill in the bank it would take some time to go belly up... If trolls take over just move on for a few weeks, might even find something more profitable  |
|||||
|
|
|||||
|
|
|||
|
|
|||||
|
|
|||||||||
|
|
|||||
I'm not technically a market crasher for IT... I sell at 500 or 125 in L.A., but I've not crashed the L.A. Market, I've just bought up the untapped market, you know the ones fed up with all the price gouging. Nuch like the Canadian company wind, now called freedom, and like them I'll irritate my clientele making them wish the never came to me  . Japan I started around the same time as you (Dec 27).
For arguments sake I was going to sell at $50 min, but increased it to $500 and with the right amount of advertising I should be able to get market share Also if I can "crash" ($500 min is still a lovely profit), "flood" and dominate the market with less than 150 workers per division then this new market is in serious trouble! So the question is why do we have units for thousands of workers if you can't use it? If someone opened up a unit in every city with about 100 points worth of qualification purchases, one could dominate liens entire realm... |
|||||
|
|
|||||||||
I'm not technically a market crasher for IT... I sell at 500 or 125 in L.A., but I've not crashed the L.A. Market, I've just bought up the untapped market, you know the ones fed up with all the price gouging. Nuch like the Canadian company wind, now called freedom, and like them I'll irritate my clientele making them wish the never came to me Market share is meaningless. Profit is what matters. Extremely low prices will boost your market share but they will reduce your profits as well as hurt the market for everyone else. I had to shut down my very profitable IT center in LA that was getting $5000 min after you came in only charging 1/10th the price. Your high volume of data at higher quality caused my service level to drop to very low which caused profit to drop by 95%. I experimented with advertising and found it doesn't make any difference above a very low popularity level. Minimum radio advertising got me the same market share as $20M/update of TV advertising. |
|||||||||
|
|
|||||
| Ok you can have 1% cost 99% profit 0% market share, what would you have then?
Also yes I entered at 500 but I went looking for the markets sweet spot for me. 500 started picking up but I tried 100/800 after seeing growth. 125 is my sweet spot Now all my materials are self made from sale mines. My cost is 1.2 million to make to buy it's 105+ shipping etc (about 155 million). Each tower produces 1541 mb. Assuming it lasts one week it'll produce 10787. To break even at that price I'd need to charge 14369 to my IT center. The site claims 104 updates but we all know we can't buy 1000 units and expect to run it for 104 days w/o replacing more than 15%... But for the hell of it if one tower did survive the full 104 updates it would cost 967 per mb a turn for break even compared to just $9.30 per mb. Basically for me I'd be paying 100x more buying on the open market. You do know advertising does more than just gets you people in the door right? 20 mil on tv ads is just as bad as spending 20 mil on newspaper ads
I'm L.A. you will get: Internet 6.7 million people reach (each person sees it 1.6 times, or likely more cause not all of L.A. Would visit a site with your ad, this is true for everyone below) Press 8.4 million or about 2 times per Outdoor 11.1 million or about 2.7 times Radio 16.7 million or about 4 times Tv a whopping 33.5 million! Or basically spamming at 8.2 times. But hold on, there's a little trick at getting full market attention. Spend the extra few seconds to click everything... As a reward you'll get 29 million contacts, but better quality ones... This means cost per contact is more but you also reach everyone. There might be a popularity boost as well, just like in trademarks for products. Basically you're popularity is your trademark (it shows up as trademark in stores when you sell them) Now out of curiosity my popularity is roughly 600 in L.A. This update I've set my advertising to 60 million (double what it was when I entered, so I out preformed you in marketing too esp if you truly only selected tv ads  ), set my price to 5000 and let's see what's going to happen. The reason why I say and are doing this is because anther top ten user is selling at 1500-1700 claiming 25% market share.
After the next update I'll shut down my L.A. enterprise (vacation) and sell my towers bandwidth to you for $75, I'll still make money, but won't replace the towers to see how long the 280 in L.A. last lol... I didn't mean to crash L.A. And truth be told I rather stay in Japan. Maybe Texas but you can have L.A. back  not till after next update tho because your words bugged me lol... Must test...
Oh pic of my units sales figures in L.A. Also I told you you'd be back in #1 in Japan lol... To be fair tho my qualification dropped to 84% because I opened one in a new city which has been crashed yet I'm getting market share at $500. That's why your words are bugging me. |
|||||
|
|
|||||||||||||||||||||
Ok you can have 1% cost 99% profit 0% market share, what would you have then? Same revenue but less expenses so higher total profits. Also yes I entered at 500 but I went looking for the markets sweet spot for me. 500 started picking up but I tried 100/800 after seeing growth. 125 is my sweet spot The sweet spot should be where profits are maximized. I tried various prices a few weeks ago and here are the results for one city I tested:
You can charge $100 min and get 20x the sales as my IT center that charges $2000 min but we'll both get the same revenue. The difference is you'll have to pay for 20x as much data so your profit will be lower. Every city I tested had the same pattern with revenues being the same as long as the price wasn't above a certain amount. You do know advertising does more than just gets you people in the door right? I quit advertising and my sales remained the same. The market leader with massive sales in one city has a popularity of 1. I built 2 IT centers in the same city, one with high popularity and the other with one update of radio advertising and nothing else. Sales were the same in both centers. It might make a difference now that there is more competition. After the next update I'll shut down my L.A. enterprise (vacation) and sell my towers bandwidth to you for $75, I'll still make money, but won't replace the towers to see how long the 280 in L.A. last lol... My goal is #1 in IT. LA has other competitors with high volume and speeds so I'm staying away. FGDF is a bigger problem because Q16 equip and 60 kbit/s bandwidth means lower service level and less profit for everyone else with lower quality equip and slower speeds. |
|||||||||||||||||||||
List of forums -> Main forum of the online business game "Virtonomics"-> Ho do you deal with market crashers? |
|
Copyright © Simformer Inc. 2024. || @ Virtonomics | Business simulation game
The use of any materials and articles from our website is possible only with a direct link to the Virtonomics website. When mentioning our business game in publications, please use the names "Economic game Virtonomics" or "Tycoon game Virtonomics".
