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Skill Farming: Difference between revisions

From EVE University Wiki
Arin Mara (talk | contribs)
mNo edit summary
Removed very incorrect statement implying that Sales Tax can be reduced to 0.1% at player owned stations, and updated tax values based on current tax structure.
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== ''' Market ''' ==
== ''' Market ''' ==
Use your favorite [[Third-party_tools#Market_and_Industry_Tools|market tool]] to select the preferred market you’ll use to sell your injectors. You’re looking for a market with a steady trade in them (volume >15 or so per month), good prices, and low taxes and fees. Likely this will be one of the [[Trade_hubs|trade hubs]], but don’t discount the smaller markets, particularly in [[System_security#NPC_null_security_space|NPC nullsec]]. Find the market that offers the greatest potential profit margin by starting with the average buy price for a large skill injector at that market over the past year or so. (You’re in {{dothis|'''skill farming'''}} for the long haul, not to make a quick buck.) Subtract that market’s [[Tax#Sales_tax|sales tax]] (5% at [[NPC_corporations|NPC]] markets, as low as 0.1% at a [[Upwell_structures|POS]] where you have good [[Standings_101#The_Different_Types_of_Standings|standing]]) and [[Tax#Sales_tax|broker fee]]. The broker fee is charged when you place any [https://support.eveonline.com/hc/en-us/articles/203218932 market order]. It starts at 5% but can be reduced by the Broker Relations skill, and by your standing with the market owner’s [[Factions|faction]] and corporation as detailed [[Trading#Taxes|here]].
Use your favorite [[Third-party_tools#Market_and_Industry_Tools|market tool]] to select the preferred market you’ll use to sell your injectors. You’re looking for a market with a steady trade in them (volume >15 or so per month), good prices, and low taxes and fees. Likely this will be one of the [[Trade_hubs|trade hubs]], but don’t discount the smaller markets, particularly in [[System_security#NPC_null_security_space|NPC nullsec]]. Find the market that offers the greatest potential profit margin by starting with the average buy price for a large skill injector at that market over the past year or so. (You’re in {{dothis|'''skill farming'''}} for the long haul, not to make a quick buck.) Subtract that market’s [[Tax#Sales_tax|sales tax]] (8% at [[NPC_corporations|NPC]] markets, as low as 3.6% with {{sk|Accounting|V}}) and [[Tax#Sales_tax|broker fee]]. The broker fee is charged when you place any [https://support.eveonline.com/hc/en-us/articles/203218932 market order]. It starts at 3% but can be reduced by the Broker Relations skill, and by your standing with the market owner’s [[Factions|faction]] and corporation as detailed [[Trading#Taxes|here]].


Deduct the average sell price for a replacement extractor at that market, and the result is a good estimate of the average profit you can expect per large injector there. Repeat this calculation for 5 small injectors.
Deduct the average sell price for a replacement extractor at that market, and the result is a good estimate of the average profit you can expect per large injector there. Repeat this calculation for 5 small injectors.