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List of forums -> Free communication (everything except serious game talk) -> Improving the nigerian retail markets

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Topic created : 26.02.2014, 03:01

mort100
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Hi
 
The nigerian retail markets are not very good. We hope to improve this situation gradually by supplying reasonably priced products to attract stores and restaurants. To make it happen we are launching a development program:
http://virtonomics.com/mary/forum/forum_new/101/topic/104128/view
 
We hope to achieve:
*Improved retail markets
*Higher wealth levels
 
Input on our ambitions and strategy will be very much appreciated. We hope for discussion in this thread, so we can improve the program as we go along.
 
BR,
Mo   

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2.10.2015, 21:13

mort100
Twelve years with Virtonomics Winner of the Contest for Managers in the nomination Raw Material Base Winner of the Contest for Managers in the nomination Consumer Goods Winner of the Contest for Managers in the nomination Trade Turnover Winner of the Contest for Managers in the nomination The Standard of Virtonomics
Twelve years with Virtonomics Founder of Makurdi Founder of Ado Ekiti Triple corporate chevron Double corporate chevron Production: elite Science: bachelor Management: bachelor
Mayor Mayor Mayor Mayor Mayor Mayor Mayor Mayor
Mayor Winner of the Contest for Managers in the nomination "Knowledge is power!" Governor Leader in technologies
l:
Mo corp
m:
Mo Industries
 
True that the new governor didn't run off (yet), but he is increasing tariffs like you complained about. Good thing that you finally appreciate the efforts of our politician, though, even if it happened after he left office. And no, I don't take the monkey PUI very seriously - at least not the political rhetorics.  To you
 
I only do public subsidies to improve retail markets; the category-specific retail projects seem to bring more cost than benefit. I tried them a few times in the past and tracked the results, but it wasn't worth it. Do you have a different experience with it? 
 

3.10.2015, 00:25

Last time edited : 4.10.2015, 22:12

Mike1
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Maybe it was overlooked that i am not a new player, for whom i made a case there. The truth is that i personally don't bother much about 0.5% expenses in the budget.
 
Political projects take decades of mary-years to show real impact;  i couldn't find time and place to track long-term impact though i expect the developers have put some thought into this and don't mind spending a few billion every now and then to see where it goes. 
 

3.10.2015, 17:10

Last time edited : 3.10.2015, 17:11

Rogue_Cat
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mort100
I only do public subsidies to improve retail markets; the category-specific retail projects seem to bring more cost than benefit. I tried them a few times in the past and tracked the results, but it wasn't worth it. Do you have a different experience with it?

Jeka said that by boosting the same category all the time he managed to boost the incomes to awfully high wealth index levels. Maybe it would have a negative effect on other categories.
 
Lagos is by far the largest source of potential consumers, but it would also require higher wages. Again, it might kill production there, but would become the best target for sinking expensive merchandise. Jewelry and/or evil cars would be the wisest market categories to boost, judging by the city retail incomes. But that risky bet might have a negative impact on manufactured goods and clothing, that are the next two better categories in the current retailing environment, aswell as foodstuff and such that are the most abundant ones.
 
What to do here? 
 

4.10.2015, 22:01

Last time edited : 5.10.2015, 15:35

Mike1
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Mandarin duck For contribution to the development of Virtonomics Founder of the city Jalingo Founder of the city Lafia The tender collider, VII-XV places The tender collider, VII-XV places The tender collider, IV-VI places The tender collider, IV-VI places
The tender collider, IV-VI places The tender collider, IV-VI places The tender collider, II-III places The tender collider, II-III places The tender collider, II-III places The tender collider, II-III places The tender collider, II-III places The tender collider, II-III places
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jeka_igla
The secret is to increase salary, population and choose a retail specialization which you will constantly boost. For example in this city i only improve Household goods (Finland, ikea...) for a long time and let people know that i am doing so in city's description  

 
Rogue_Cat
Maybe it would have a negative effect on other categories.

I couldn't see where he mentioned that?
 
-
 
Nigeria offers many opportunities, this topic didn't draw any serious new retailers to the region since it was created!
 
Lagos motorgoods have 12.9% player market share and jewelry 30.85%, boosts cost about 2B each but it seems to require at least "medium" popularity and i can't figure out how to improve more than 2 departments even with "high" popularity.
 
PS: i have the impression that the game engine is programmed to reduce population in cities with low retail sales volume, can anyone comment on that? 
 

5.10.2015, 10:37

JustNash
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there might be a connection between low Retail sales volume and declining populations: poverty!
 
If people can make more money in other parts of the realm, they should be made likely to migrate to different parts of the realm where they hope to make more money in order to be able to spend more... 
 

6.10.2015, 01:12

Rogue_Cat
Four years with Virtonomics Winner of the Contest for Managers in the nomination "Knowledge is power!" Winner of the Contest for Managers in the nomination Consumer Goods Winner of the Contest for Managers in the nomination The Standard of Virtonomics
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Mike1
I couldn't see where he mentioned that?

It was in his 3 billion goal post. Quick link: http://virtonomics.com/mary/forum/forum_new/11/topic/105053/view/m:99927319/#99927319 ...
 
Mike1
PS: i have the impression that the game engine is programmed to reduce population in cities with low retail sales volume, can anyone comment on that?

About that, it says a bit in the Demography page: http://virtonomics.com/mary/main/common/main_page/game_info/salary ...
 
Population dynamics in cities is affected by:
 
·spontaneous building in the "superheated" cities (in which the actual population exceeds nominal);
·welfare and education growth/reduction (dynamics of these indicators is considered);
·unemployment;
·poverty level (on level of city average salary);
·regional factor (depending on health care funding in the region).

So, some blind guessings (this info might not be reliable at all):
·With cities with inmigration the population seems to increase a bit?
·Having a wide range of supplies for consumers (welfare) keeps the population from decreasing (no one would like to live in a place where you can't even buy toilet paper, right? And having supplies means life quality)?
·No jobs, moving to another city looking for one?
·If salaries stink and there is no unemployment, they will tell the enterprisers to take a hike and leave?
·Health care allows to keep healthy people, reducing the mortality rate?
 
Again, blind guessing. 
 

6.10.2015, 12:25

Last time edited : 6.10.2015, 12:29

Mike1
Eleven years with Virtonomics
Four years with Virtonomics
Основатель г.Парауапебас Thirteen years With Virtonomics Founder of Badagri Founder of Acharnes Coupe du Monde Russia soccer ball Portugal soccer ball Belgium soccer ball
Croatia soccer ball Argentina soccer ball Brazil soccer ball France soccer ball Swedish profile Ingvar Kamprad Order Biology teacher Biology teacher
Biology teacher Biology teacher History teacher Physics teacher Literature teacher Ladybug Jubilee Ten Bronze Ten
Silver Ten Founder of Peristeri Founder of Osogbo Golden hook V sign V sign V sign Double corporate chevron
Mandarin duck For contribution to the development of Virtonomics Founder of the city Jalingo Founder of the city Lafia The tender collider, VII-XV places The tender collider, VII-XV places The tender collider, IV-VI places The tender collider, IV-VI places
The tender collider, IV-VI places The tender collider, IV-VI places The tender collider, II-III places The tender collider, II-III places The tender collider, II-III places The tender collider, II-III places The tender collider, II-III places The tender collider, II-III places
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World Cuisines, the winner World Cuisines, the winner World Cuisines, the winner World Cuisines, the winner World Cuisines, the winner Shagreen, VII-XV places Shagreen, VII-XV places Shagreen, VII-XV places
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Shagreen, IV-VI, places Shagreen, IV-VI, places Shagreen, IV-VI, places Shagreen, II-III places Shagreen, II-III places Shagreen, II-III places Shagreen, II-III places Shagreen, the winner
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Astronaut helmet Princely mansion Landowner Leader in technologies
m:
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Mike1
jeka_igla
The secret is to increase salary, population and choose a retail specialization which you will constantly boost. For example in this city i only improve Household goods (Finland, ikea...) for a long time and let people know that i am doing so in city's description  

 
Rogue_Cat
Maybe it would have a negative effect on other categories.
It was in his 3 billion goal post. Quick link: http://virtonomics.com/mary/forum/forum_new/11/topic/105053/view/m:99927319/#99927319 ... ...  
thats where i got Jeka's quote from above but i still can't find anything abut the negative impact you are mentioning???
 
Mike1
PS: i have the impression that the game engine is programmed to reduce population in cities with low retail sales volume, can anyone comment on that?
 
Rogue_Cat
Again, blind guessing

Thanks for your input .. though there's several factors it seems there is no direct relation between low retail sales and reducing population. 
 

7.10.2015, 19:09

mort100
Twelve years with Virtonomics Winner of the Contest for Managers in the nomination Raw Material Base Winner of the Contest for Managers in the nomination Consumer Goods Winner of the Contest for Managers in the nomination Trade Turnover Winner of the Contest for Managers in the nomination The Standard of Virtonomics
Twelve years with Virtonomics Founder of Makurdi Founder of Ado Ekiti Triple corporate chevron Double corporate chevron Production: elite Science: bachelor Management: bachelor
Mayor Mayor Mayor Mayor Mayor Mayor Mayor Mayor
Mayor Winner of the Contest for Managers in the nomination "Knowledge is power!" Governor Leader in technologies
l:
Mo corp
m:
Mo Industries
 
The negative impact is in the project description at the city hall:
 
"The launch of the program of administrative support of the retail trade meets negative response from the citizens of Virtonomics, because it might lead to the growth of prices and negatively influence the markets which are not part of the program."
 
So by boosting one category all the others get slightly weaker. Another thing is that mayor popularity is needed to fund the project.
 
I don't think I'm ready to fund these projects; I usually spend all my mayor popularity on increasing municipal taxes and rents, so I'd have to do festival to implement (adding additional cost). Besides, I don't like the adverse effect on other markets.
 
Anyway, from a mayor perspective; isn't foodstuff the best category to sponsor, to get the most store rent out of it? 
 

List of forums -> Free communication (everything except serious game talk)-> Improving the nigerian retail markets

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