| Thursday, October 17, 2019 - 03:27 pm |
How do I set one up? please help me, yours sincerely Michael.
| Friday, October 18, 2019 - 12:58 pm |
please help me?
| Friday, October 18, 2019 - 01:00 pm |
go to common market (left bar menu, 2nd section)
there should be a link on that page to create one, if you are not currently a member of one
| Friday, October 18, 2019 - 01:31 pm |
Vladian is right. That is how you create a common market.
My question is why you should want a common market in the first place. Common markets are only good under a few very specific circumstances.
| Saturday, October 19, 2019 - 02:49 pm |
Letsie, here is why, because I was told that if you have common market you make your own corporations quantity number of quality items in your own corporations, for example, in one of the threads someone made on about common markets is that you can make a few items with a high quality and most items low quality to make it cheaper, i dont know how to do that so i am learning.
Thank you Vladian for your help my good friend.
| Sunday, October 20, 2019 - 04:30 am |
I was afraid you were going to say something like that. What you want to do is something that works only in theory.
What I am about to write counts for roughly 90% of the corporations in simcountry.
If you produce low quality (and thus cheaper) items for your own corporations the end product is also going to be of a lower quality. Meaning that not only will the original corp produce less profit for but also the corporation at the end of the production line.
If you are going to make high quality goods and sell them cheaper to the end of the line corporation it will cut in your profit margins. The end of the line corp gets its supplies cheaper and will earn more profit. But all those corps before it will earn less and will not be able to use the best selling strategies because they have to sell at a fixed rate.
For 90% of the corporations common markets are not profitable.
Common markets are good for a few things.
1. generating points (you can earn hundreds of points with a common market with very little effort)
2. for when you have supply chains for certain corps (mostly nuclear and space) spread out over multiple countries. Those corporations have such specific demands that cannot be met by the world market that it can be smart to set up a common market to save you a lot of searching and ordering.
3. If you have a large empire and can run a fully closed economy and don't care about earning money. If you have enough corporations it is possible to make a closed economy. BUT you will not be able to earn anything and if even 1 thing goes wrong you will have wasted a lot of money for nothing.
I hope this helps a bit.
As always, feel free to ask whatever you want!
| Sunday, October 20, 2019 - 02:00 pm |
Also with corporations there is a maximum produced quality that cannot be exceeded no matter how high your supply quality is. With common markets you cannot control your input quality. You buy what is being sold. What is being sold will be higher quality than you need to reach your hard cap production quality.