Station34 Profits

Discussion in 'Economy & Market' started by knears2000, Mar 27, 2014.

  1. knears2000

    knears2000 Builder
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    Hello everyone! This is somewhat like KMaxwell's thread about her top floor shop income. I thought I would make one for mine. It is a bottom floor spawnshop and this can help you get an idea of how much money you can make from one and also for myself to track profits.

    Monday- Not Open
    Tuesday- Not Open
    Wednesday- Not Open
    Thursday- $5,003.25
    Friday- $8,259
    Saturday- $11,743
    Sunday- $11,400
    Weekly Profits- $36,405.25

    Monday-
    $3,640
    Tuesday- $2,960
    Wednesday- $5,287
    Thursday- $7,500.25
    Friday- $5,180
    Saturday- $1,875
    Sunday- $0 (spawnshop closed and under construction due to new market)

    Weekly Profits- $26,442.25-$5,000=$21,442.25

    Monday-
    $9,840
    Tuesday- $27,304.25
    Wednesday- $11,692
    Thursday- $28,834
    Friday- $2,875
    Saturday- $47,779
    Sunday- $29,794
    Weekly Profits- $158,118.25-$5,000=$153,118.25
    Monday-
    $17,386.60
    Tuesday- $14,395
    Wednesday- $13,775.75
    Thursday- $0 (was at my cousins house)
    Friday- $32,576
    Saturday- $12,893
    Sunday- $0 (Massive server downtime)
    Weekly Profits- $91,026.35-$5,000=$86,026.25

    Tuesday- Missed a day
    Wednesday- $25,920
    Thursday- $2,430
    Friday- $18,060
    Saturday- $9,891
     
    #1 knears2000, Mar 27, 2014
    Last edited: Apr 26, 2014
  2. blackbelt4eva

    blackbelt4eva Builder
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    Are these profits or revenue?
     
  3. knears2000

    knears2000 Builder
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    Revenue more over, it doesn't cost me much to get the materials I sell. I like to say profit. At the end of each rental, I say subtract the 20k or however much I paid and get my total profit/loss.
     
    #3 knears2000, Mar 27, 2014
    Last edited: Mar 27, 2014
  4. ScoobieBoy

    ScoobieBoy Builder
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    But you cannot totally say "I mined the ore, so did not buy it, therefore it does not cost me anything.. " Since you still have time, tools, erep and such to get it, so it is not "free" but that is a far longer thread ;)
    But the profit should be at a minimum : your price - server price, so for example iron bar is $7.50 server price, if u sell for $7.50 u do not make any money, and anything over that is profit, there are some issues with this formula, like if something is held high due to demand like quartz, or things like nstars and exp, which are driven by the "market" and u should be using the avg market price instead of server, ie EXP is bought around 1-1.2 / orb, so if u sell at 1.3 ( like you do ) then you are making between .3 - .1 / orb so $10 / 1k.
    But that gives you a more "honest" view of the shops viability.
    When I was running shop 96, once I used this method, it was sobering just how much money is profit versus revenue, unless you are very lucky and have a LOT of customers, it is tough. the new location shop26 ( shameless plug :rolleyes: ) is slightly better, since I am able to have slightly higher margins ( diff between server and my prices ), but nothing like the margins of a top floor...
    Let me know if you need more on this, or if you disagree :(
     
    #4 ScoobieBoy, Mar 31, 2014
    Last edited: Mar 31, 2014
  5. knears2000

    knears2000 Builder
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    I don't have time for that math :p. Also, from what I have seen, I have very low prices compared to others surprisingly :p
     
  6. knears2000

    knears2000 Builder
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    Wow! Amazing week in revenue!
     
  7. knears2000

    knears2000 Builder
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    Bump! Updated!
     
  8. JazzBeam

    JazzBeam Builder
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    That shows you aren't the most hardworking shopkeeper. :p
     
  9. knears2000

    knears2000 Builder
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    lol
     
  10. JazzBeam

    JazzBeam Builder
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    wait nvm.

    I take that back.

    I think it just shows you don't feel like spending lots of time reviewing your shop.