I've touched on Dread Guristas modules vs Caldari Navy modules stats and prices before here but it needs revisiting.
Most Caldari Navy modules have Dread Guristas equivalents with exactly the same stats, skill requirements and fitting requirements. Other than the names they are identical but the Dread Guristas versions are usually much cheaper.
I've checked more than a dozen CN mods vs the DG versions. All of the ones I checked had identical stats and requirements. Missile launchers (all of them), shield boosters, shield boost amps, etc. I didn't find any that were not identical. I assume the ones I haven't checked yet are identical too.
Caldari Navy modules are purchased from faction stores with Loyalty Points while Dread Guristas modules are drops. Generally speaking the CN versions are available in somewhat greater numbers but there are nearly always plenty of lower priced DG mods up for sale too, especially at the main market hubs.
As far as I'm concerned, DG/CN modules are the same modules and as such should sell for roughly the same amount. If anything the CN version should be a bit cheaper due to being in somewhat greater supply. Yet the cheap DG version sits there piling up at the market hubs and not selling very well, while the (usually) far more expensive CN version not only sells quicker but in greater volume too.
Being a trader this drives me nuts!
I've had CN X-Large Shield Boosters sell for over 200 million each (they're usually 120-150 mil) within hours of posting. Buy orders for them are often over 100 million and rarely much lower. Yet it can take weeks to sell even just one DG X-Large Shield Booster (with the exact same stats) for 60 million on the same station. The same is true for other CN / DG module pairs too, the CN version is usually priced 2-3 times higher yet sells faster. For missile launchers DG are often around 1/2 the price of the CN equivalent. I've seen DG shield boosters and boost amps at 1/3 the price of CN.
This can only be due to players either not knowing DG and CN modules are identical or not bothering to check the price of DG mods before buying CN mods. Otherwise it'd be a no-brainer, everyone would buy the cheaper DG version until stock runs out or the price rises to the level of the CN version.
There is a technique that sometimes works to sell DG modules for more. When the price of a particular DG mod is high, I'll post one for quite a bit more than it usually goes for but still significantly lower than the CN version is currently priced at. Then I'll ask in local chat why the DG mod is so much cheaper when the stats are identical (linking both versions of course to make comparison easy for potential buyers). When it works someone buys a DG mod (or several) within minutes. It's win/win, I get a higher price than usual and the buyer pays less than he would have for the CN version.
I've also noticed the same phenomenon with a single item across a couple other factions. That has me wondering if other modules for those 2 factions are identical too. In fact I'm wondering if there might be several pairs of factions with identical mods. I haven't done any research on that yet but it's definitely something I want to look into eventually.
Hopefully this article will help some players find better deals and save some ISK. Maybe if enough players start checking DG prices vs CN prices it'll help equalize prices too.
Oh yeah, Caldari Navy Torpedo Launchers are for dummies. I leave it to you to figure out why. :)
I know this is out of the proper post, but after reading your blog, just came out with this quote from you
ReplyDelete"Most players will do best starting a trading career with Regional Trading. Only move into straight Station Trading once you have some experience playing the markets and a good amount of capital to play with... Or when you find yourself spending too much time hauling all the stuff you're buying around.".
So you telling me than station trading is in fact more profitable than Regional Trading?
Not really.
DeleteWhat I'm saying is in the beginning when you have less ISK it's better to buy in low volume at high margins. Regional Trading (whether it's 10 jump buy orders or full regional) is the best way to do that. You'll spend less time at it and make more ISK per item. The problem with regional trade is the travel time to pickup bought items and transport them to where you sell them. The bigger you get, the more you buy and the more time you spend on travel.
Station trading on the other hand is more about buying in bulk. Less travel time and lower profit margins per item, but a lot more sales. You make up in volume sales what you lose in profit margins. Of course, buying in bulk, you need more ISK to invest and you have to pay higher buy prices too or the constantly undercutting no-lifers and bots will 0.01 ISK you out of business.
got ya now then.
ReplyDeleteSadly Station Trading in Jita, is a pain in the arse. Really low margins on even T2 Modules, and lots of time fighting no-life/boters on the market.
Even after using a few tactics (cutting down my margin %, putting up a buying order 5% of the highest one, still get undercut within minutes.)
Jita has by far the most obsessive competition. It's full of camping no-lifers and bots.
DeleteBTW, you might want to check my Trade Hub Analysis
Deletehttp://merchantmonarchy.blogspot.ca/2012/12/trade-hub-analysis.html
yea, Jita is what you say.
ReplyDeleteI've been doing some Regional Trading between two HUBS...somehow its been working pretty well to be honest, sadly i cant move more than 500m per day or less, this is with a total sell orders in Jita up to 5b, i know its not too much, but somehow i need to start it up.
DG in majority come from Gurista LP shop. Venal residents doing missions and farming ALOT of LP have no options to cash out beside guristas mods, ships and implants. And they provide supply.
ReplyDeleteon the other side, in hisec, it is common knowledge that if sth is cheaper, it is worse. And that decreases demand for DG.