New Capitalism-style browser game

[Vorret]

IPO initiated. Luck to me.

what's the name?

[LordMortis]

I also have my own question... when you decide to IPO what happens? I don't have much cash since I invest it all in my company but I'd like to keep a tight leash on how many stocks I release and also I want to keep a large majority of them... can I do that or I need to buy my own stocks?

You set a bar to determine how much stock you want to issue. The minimum is for you to keep 80% of the company. Then you get infused with cash... About a 20% bump (assuming you keep 80% of the shares) and then you qualify for the new loans.

[LordMortis]

IPO initiated. Luck to me.

what's the name?

SI or Stygain Industries.

http://www.ratjoy.com/eos/firm/504

I won't be dividend stock but I hope to grow at the pace I have been which is doubling in size about every six days with small effort. So I might be good to buy and sell later.

[Rip]

I am taking small amounts of cash and working on my new startup called RipBan making sunglasses. Sold a few on the b2b market, trying to get my R&D up before I start doing much production.

RipBan sunglasses for the executive that has everything!

I must be missing something. Why would any player buy sunglasses, unless to resell? Sunglasses aren't a component in something else, are they?

Unlike WoW, I have zero interest in being a reseller in this game. I just don't know what the motive for selling finished products on the B2B would be. Or more to the point, what purpose buying them on the B2B would have, beyond reselling for profit (if possible).

Anyone care to fill me in?

None really other than the q of the product and the price where it comes from doesn't matter. I just like to shill whatever I am making.

You almost have to resell some stuff or waste space in your stores. Unless you are going to manufacture everything a store sells. I try to fill holes in things I see on b2b and do not have any stores at all. I just don't care for managing them and trying to keep them stocked.

[GreenGoo]

I'm still getting a feel for how selling to the b2b market and selling to the "game" via your stores works.

Does inventory spoil? Is there a cost associated with storing things in the warehouse?

[Rip]

IPO initiated. Luck to me.

what's the name?

SI or Stygain Industries.

http://www.ratjoy.com/eos/firm/504

I won't be dividend stock but I hope to grow at the pace I have been which is doubling in size about every six days with small effort. So I might be good to buy and sell later.

I bought a million and pushed you onto the top gainers. All downhill from here.

[GreenGoo]

IPO initiated. Luck to me.

what's the name?

SI or Stygian Industries.

ftfy.

[LordMortis]

When slow and steady and not paying attention got me big gains, getting 10 Mil all at once to blow has me in chaos. I went and doubled my markets and bought a ton of goods and have no idea how to reprice them. I think I'm going to be at my machine paying attention to every tick for the rest of the night trying to rebalance everything that was so perfect before.

[LordMortis]

IPO initiated. Luck to me.

what's the name?

SI or Stygian Industries.

ftfy.

You'd think I could spell it right here.

[GreenGoo]

IPO initiated. Luck to me.

what's the name?

SI or Stygain Industries.

http://www.ratjoy.com/eos/firm/504

I won't be dividend stock but I hope to grow at the pace I have been which is doubling in size about every six days with small effort. So I might be good to buy and sell later.

I bought a million and pushed you onto the top gainers. All downhill from here.

Ah crap. Well, yet another buy high sell low scenario for me.

My socialist paradise has ill-prepared me for this capitalistic endeavour.

[Rumpy]

Alright, looks like I'll be looking into condiments. Thanks, guys. I'll likely change the name of my company as well as CitrusNation doesn't quite sound like a company that would get into that I'll let you all know when I do though.

Better than McLemon, which is what my business is called, and turning into.

Haha yeah, I realized I needed to get out of the fruit business quickly as it simply wasn't making me any money.

Anyhow, new company name is: Good Food Inc.

[Kraken]

I'm thinking of redeveloping my company now that I have a better idea of how things fit together. I've been building things on an ad hoc basis, which led to a lot of wasted research and unused expansions. Consequently wages and maintenance are driving me way into the red.

If I sell off buildings, I get back 90% of their cost including expansions, is that right?

[Rip]

That is correct Kracken.

[Matrix]

LM , bought 1.2mil. Gl with investing money, you better do good job... no pressure

[Rumpy]

This is annoying. Looking for something specific in the market can be quite time-consuming, especially if you're going by alphabetical order as the item pages are by number instead of letter.

Heh, you know when the market is low on stuff when you can't even find the ingredients you need in order to produce your stuff. I think in this case, it's easier to make it all yourself.

[LordMortis]

Learned another valuable lesson. If you have your hand in 100+ items, selling at low precise volumes, don't IPO until you have a lot of time to realign your entire organization. Absolutely everything is complete chaos. But it will settle before I go to bed dammit.

[Rip]

This is annoying. Looking for something specific in the market can be quite time-consuming, especially if you're going by alphabetical order as the item pages are by number instead of letter.

Heh, you know when the market is low on stuff when you can't even find the ingredients you need in order to produce your stuff. I think in this case, it's easier to make it all yourself.

I use categories a lot or look on my purchase history then click on the item last time I purchased it. Going straight to b2b from a store is something I use more frequently these days as well.

[stessier]

This is annoying. Looking for something specific in the market can be quite time-consuming, especially if you're going by alphabetical order as the item pages are by number instead of letter.

Heh, you know when the market is low on stuff when you can't even find the ingredients you need in order to produce your stuff. I think in this case, it's easier to make it all yourself.

I use categories a lot or look on my purchase history then click on the item last time I purchased it. Going straight to b2b from a store is something I use more frequently these days as well.

Another way is to use the EOSpedia, find the item which then tells you what category is in so you can use the B2B categories.

[GreenGoo]

Well, been micro managing all day and to pretty much zero results. My stores are tiny and I can't afford to expand them much.

My production is out-stripping my sales by a wide margin. I've gone through my 2 stores and purchased high demand items from either the B2B or Import, depending on the best deal/quality and availability. So my stores have more than just my beginner products on the shelves, which should help some.

I should probably give it a day or two but I'll probably toss the whole food production in the toilet and see what else I can get my grubby little fingers into.

Does anyone know if you get to keep your research levels in products even if you no longer own a research facility that handles that product? I assume you would, since you should still be able to manufacture it, but what if you toss everything associated with the product. No factory, no store, no r&d?

[GreenGoo]

Probably mentioned earlier in the thread, but for newbies:

You can rush complete/expand your structures for zero cost (up to a certain (large) square footage). So no need to leave that store idle while it takes hours to upgrade. Just click on it, then click on the rush complete button and you're done, at no additional cost.

[LordMortis]

Well, been micro managing all day and to pretty much zero results. My stores are tiny and I can't afford to expand them much.

My production is out-stripping my sales by a wide margin. I've gone through my 2 stores and purchased high demand items from either the B2B or Import, depending on the best deal/quality and availability. So my stores have more than just my beginner products on the shelves, which should help some.

I should probably give it a day or two but I'll probably toss the whole food production in the toilet and see what else I can get my grubby little fingers into.

Does anyone know if you get to keep your research levels in products even if you no longer own a research facility that handles that product? I assume you would, since you should still be able to manufacture it, but what if you toss everything associated with the product. No factory, no store, no r&d?

I found the best way to expand was go low volume. Expand your market and sell very small amounts for high dollars while you build up production. Right now I'm kinda fooked because I used my IPO money to increase my inventories and while I'm jacking up my volume my price per item went through the floor. I should have grown my market before growing my inventory. My market 200m2 to give you and trying to sell at rate of 10 per tick by items purchased in b2b or the import is a barely break even proposition. So now I need to grow my market more before I think about b2b purchases. However my production stuff is selling at killer profit, so I also need to expand production and lay off b2b until it becomes economically viable again with lower volumes or bigger market.

edit:

I still have a ton of re-balancing to do after hours of work (play?) but I won't be able to get to until tomorrow. I elected to overprice most of my goods so I don't have to worry about trying to find them again after they sell out rather than under price them for an almost non existent profit margin and then have to hope somebody puts them back up on b2b.

I really need to get my bakery and beverage factory going. They will be the key to being self sufficient but before the IPO, I might have produced three days worth of goods to one days worth of sale right now, meaning I can stock three items for every one that sells out, or between the two factories provide about an increase of four items per day. I think it's going to be much worse now, so I totally have to figure out completely new volume structure.

[stessier]

Probably mentioned earlier in the thread, but for newbies:

You can rush complete/expand your structures for zero cost (up to a certain (large) square footage). So no need to leave that store idle while it takes hours to upgrade. Just click on it, then click on the rush complete button and you're done, at no additional cost.

I'm pretty sure you are spending influence when you do that - which is not a limitless pool. Although for what I'm doing, it certainly seems to be. I think I am down to 1600.

[noxiousdog]

Probably mentioned earlier in the thread, but for newbies:

You can rush complete/expand your structures for zero cost (up to a certain (large) square footage). So no need to leave that store idle while it takes hours to upgrade. Just click on it, then click on the rush complete button and you're done, at no additional cost.

I'm pretty sure you are spending influence when you do that - which is not a limitless pool. Although for what I'm doing, it certainly seems to be. I think I am down to 1600.

It depends on your level. The first few are free completions.

[Matrix]

Probably mentioned earlier in the thread, but for newbies:

You can rush complete/expand your structures for zero cost (up to a certain (large) square footage). So no need to leave that store idle while it takes hours to upgrade. Just click on it, then click on the rush complete button and you're done, at no additional cost.

I'm pretty sure you are spending influence when you do that - which is not a limitless pool. Although for what I'm doing, it certainly seems to be. I think I am down to 1600.

It depends on your level. The first few are free completions.

Up to certain level its free, then boom, start costing a good amount. I am down to 300 influence and that i used only on buildings i needed it.

LM, first think you need to do is expand your market and use influence, its pretty cheap early on. with 200m2 will take you forever. I got 1400m2 farmers market right now, and have another 1400m2 in the building stage. With all the money, build 2-3 stores and max them out, in a week you you wont know what to do with products. Infact, i thank RJM for showing the ropes, since i was doing 1mil a day in sales and then i was brought on board of 1bil+ company, after watching how Ratan was doing it, i got the hang of it... i think.

[LordMortis]

LM, first think you need to do is expand your market and use influence, its pretty cheap early on.

That's the plan, though I'll take a balanced approach to it as I also really need to ramp up my production to match the increases. Fortunately, I'm sitting on about 4,000 influence at the moment so that should last me several days of expansion at the least even if I spent every dime on expanding. (Is there a way to check influence without expanding?)

If I took every moment to expand (which I won't) that'd be 18 influence an hour at current rates, which should double every six days at my current growth rate, though my growth might slow down. This expansion has required me to do a lot more baby sitting than I would like and I didn't even get everything settled down tonight. It will probably take my entire evening after work tomorrow to get things comfortably where I want them to be.

[GreenGoo]

I should have grown my market before growing my inventory. My market 200m2 to give you and trying to sell at rate of 10 per tick by items purchased in b2b or the import is a barely break even proposition.

Does anyone know the relationship between floor size and sales? My shops are extremely small right now and if I knew how badly it was holding me back I'd take out another loan to finance some expansions.

[Matrix]

I should have grown my market before growing my inventory. My market 200m2 to give you and trying to sell at rate of 10 per tick by items purchased in b2b or the import is a barely break even proposition.

Does anyone know the relationship between floor size and sales? My shops are extremely small right now and if I knew how badly it was holding me back I'd take out another loan to finance some expansions.

Direct. If you have space of 100 and you increase it to 200, your sales will double. You certainly should take out a loan, since its only 1% per day, which is even less then it was last week, when it was 2%. Which is still very little. I was sitting on full loans for first 3 days, since it allowed me to boost my expansion big time.

[Rumpy]

So, I got a food R&D building in order to start getting into condiments. It's getting expensive just to be able to even start, as there are a number of ingredients that I've got to make myself that aren't on the market, and one of those things I need are glass bottles. So, I've built a smelter in addition to my Food processing factory. That's just to be able to make ketchup as they need glass bottles, which is also needed for the vinegar, which is also not on the market, that goes in it. Actually, just checked, and there are glass bottles now, though there weren't any earlier when I actually needed them. Still, seeing as glass bottles aren't always available, it's probably better in the long run to supply myself. I hope it pays off in the long run.

[Matrix]

So, I got a food R&D building in order to start getting into condiments. It's getting expensive just to be able to even start, as there are a number of ingredients that I've got to make myself that aren't on the market, and one of those things I need are glass bottles. So, I've built a smelter in addition to my Food processing factory. That's just to be able to make ketchup as they need glass bottles, which is also needed for the vinegar that goes in it. Actually, just checked, and there are glass bottles now, though there weren't any earlier when I actually needed them. Still, seeing as glass bottles aren't always available, it's probably better in the long run to supply myself. I hope it pays off in the long run.

I try to avoid building if i can help it, what i normally do if i need high quality salt or pepper, i buy it in large quantity on the market and then done sell it in farmers market. That strategy only works if you have cash to spare, but if you do, it helps a lot .

I am hopping ratan going to add direct transactions between players, then it will be easier to arrange, since right now, anything that goes on open market can be gone in seconds.

[Rip]

So, I got a food R&D building in order to start getting into condiments. It's getting expensive just to be able to even start, as there are a number of ingredients that I've got to make myself that aren't on the market, and one of those things I need are glass bottles. So, I've built a smelter in addition to my Food processing factory. That's just to be able to make ketchup as they need glass bottles, which is also needed for the vinegar, which is also not on the market, that goes in it. Actually, just checked, and there are glass bottles now, though there weren't any earlier when I actually needed them. Still, seeing as glass bottles aren't always available, it's probably better in the long run to supply myself. I hope it pays off in the long run.

Or arrange for someone like me with a massive smelter to cook you a batch occasionally. In fact I can make any glass/plastic container for anyone in need. I actually keep plastic jugs on b2b most of the time for $1 because I remember being frustrated back when I had a dairy that I could never find them except for at unacceptable prices.

[Rumpy]

Thanks, Rip. I just might have to take you up on that. I want to see how things go first though.

Matrix, the problem is that the ingredients I need aren't even sold in the market, hence making them myself, so it's become quite a laborious process of chasing the ingredients after finding out x needs xx. They all rely on something else not available. I'll likely be better off producing what I can and then selling excess on the market. On the bright side, I'm also getting into other stuff not readily available on the market.

[Matrix]

Thanks, Rip. I just might have to take you up on that. I want to see how things go first though.

Matrix, the problem is that the ingredients I need aren't even sold in the market, hence making them myself, so it's become quite a laborious process of chasing the ingredients after finding out x needs xx. They all rely on something else not available. I'll likely be better off producing what I can and then selling excess on the market.

ya its pretty bad on the market now, very high prices everywhere, thankfully most of my sales comes from vegetables/meat and i don't miss out on much (since i produce both), but i could certainly see how it can be bad with complex materials.

[Rip]

I have things I don't normally sell on the market I could if one of you needed it. Alum, plastic, glass, tungsten.

[stessier]

We need a screen that shows up what our current expenses are. Two nights in a row I've gotten nailed with being out of cash to pay for Maintenance and Salaries and had to take a loan, but it's only been because I had no idea what they were. I had an estimate, but both times I was off around 50k. I could have had the money and saved the 5% origination fee.

[stessier]

You certainly should take out a loan, since its only 1% per day, which is even less then it was last week, when it was 2%. Which is still very little. I was sitting on full loans for first 3 days, since it allowed me to boost my expansion big time.

1% a day is true and it's a great deal. But it was 0.2% last week and it changed overnight on Friday night. Just saying - watch for despotic moves on Friday night.

[Tokek]

Whoa, I logged in and read this

Your company received a $500,000 from the recent Economic Stimulus Package.

Nice!

[Tokek]

IPO initiated. Luck to me.

what's the name?

SI or Stygain Industries.

http://www.ratjoy.com/eos/firm/504

I won't be dividend stock but I hope to grow at the pace I have been which is doubling in size about every six days with small effort. So I might be good to buy and sell later.

Picked up 600k shares, pretty much all I can afford. No pressure or anything =P

[EzeKieL]

I can't seem to buy any? ;_;

I click buy and then try the slider but the numbers won't increase.

I also can't deposit money at the bank anymore

[Vorret]

I can't seem to buy any? ;_;

I click buy and then try the slider but the numbers won't increase.

I also can't deposit money at the bank anymore

I had teh same problem.
Basicly, you buy stock with your own money not the company money.

[EzeKieL]

But I can't seem to increase my own money because I can't deposit

So yeah buying stock is impossible at the moment I guess