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Too High (Golden Rainbow)

Topics: Help: Too High (Golden Rainbow)

Kamidan (Golden Rainbow)

Friday, May 23, 2008 - 07:49 pm Click here to edit this post
I keep getting this message on two of my countrys corporations

Unsold Products
TOO HIGH

Both of these coporations have been set to best price strategy for ages, and on one of these corps there is a deficit of 3,215,473,729 products in the market. So if I've got best price strategy selected a quality of 129, how or what does it mean to tell me that my unsold products are TOO HIGH?

It makes no sence to me that my prices could be too high since IM using best price strategy and with a deficit of products in the range of 3 billion it would make no sence at all.

So what is causing this and what do I have to do to correct it.

Thanks,

Keith Allaire (Little Upsilon)

Saturday, May 24, 2008 - 09:11 am Click here to edit this post
lol "best price" is the worst possible trading strategy in the game. It basically bumps you to the end of the trading queue, is my understanding. I believe fixed-price orders are crunched first, and "best price" orders fight over the leftovers. I am not sure, however.

Different players go by different trading strategies; some use follow quality +30, reduce by 10, others use quality +60, reduce by 20. I personally use 30/8 when a corp is new and bump it up to somewhere between 40/8 and 60/12 when the corp gets upgraded, depending on market conditions for the product in question.

Ideally, most of your corps should show "Some Left," if you have a few Too High that is ok, but it shouldn't be many. "None" means your prices are too low.

Of course, if you have a free trial account, you are stuck with best price; the game will execute all trades at best price regardless of settings unless you are a full member.

Kamidan (Golden Rainbow)

Saturday, May 24, 2008 - 09:40 am Click here to edit this post
I've got a full membership here.

I just tried entering a Follow Product Quality strategy and entered 30% for "offer products at the following percentage" and 8% drop per month.

But the game tells me an error has occured:
Sell Market Price Percentage should be greater than or equal to 95

So it won't even let me enter anything lower than 95%. So how are people using 30%?

My products quality is 202

I'm sure my prices are too low as I've seen corps with a trade strategy of selling for 389% and they are sold out each month for the same products that Im selling at best price strategy.

Maybe I need to re-read any documentation on this, if it wont let me enter 30% then I must not be doing it right with it forcing me to enter 95%

josias jorvick (White Giant)

Saturday, May 24, 2008 - 11:36 am Click here to edit this post
i've never really played with best price strat

i have 2 top notch ceo's on wg

i set all my corps to sell at 90% (the default) reduce between 5-10 depending on how i feel that day...(usually 5) and consider quality

what happens, is every time it sells, it increases the base asking price, until it gets to a point it doesn't sell, then it'll wait. I'f i maually set the asking price, i set it to 150%, but i have corp asking 370-410%, i never set them their, they got their on their own.

so you set let the asking price to sore, and set the reducing factor, to that your sure it'll sell in less than 10 ticks, (5% will usually be enouch but 8-10 is safer,)

and your corps will take care of them self

basically, set them to consider quality, with a reducing factor to 5-10, and forget it, the market goes through ups, and downs, it will sound harsh, but get used to it

when you are dealing with over a 1k corps, you'll need to make some short cuts...

and don't worry when it says "to much" actually ignore it

Keith Allaire (Little Upsilon)

Saturday, May 24, 2008 - 04:12 pm Click here to edit this post
You want to enter quality of product PLUS 30 under the "follow product quality" box. In mathematical terms, that is 130 for Q100 :)

So if quality is 100, enter 130 there, quality 150, enter 180, and so on.

Kamidan (Golden Rainbow)

Saturday, May 24, 2008 - 05:55 pm Click here to edit this post
Okay I found the page that lets me change all of the corps at the same time and set it in there. Now most of my corps have "some left" where some can be quite a lot of products, I think I used the 30/8 method on those with a high quality, and manually lowered those that didn't have a high quality, of course the ones that didn't have a high quality sold out. So now many of my corps have quality ratings of 200+ which really starts the pricing off quite high, I'll have to see how long it takes to sell out and if they are not sold out by months end, then I'll have to lower them. I usually only deal in products where there is a huge deficit in the market, unless I get caught building my corp at the same time 100 other people build the same type like my recent gold corp fiasco.

I will assume that products sell all throughout the month and it's not just once a month that this happens since Josias said something about 10 ticks. So there must be a game clock of some sort that goes through and tries to resell the products after so many "ticks". I was under the impression that it only happened once a month which was starting to piss me off.

Si_Attica (Kebir Blue)

Saturday, May 24, 2008 - 08:45 pm Click here to edit this post
I saw a rumour once that product has a sell-by date and is lost if it isnt sold by then - presumably it makes no difference whether it is a tank or a frozen chicken. Josias, is the figure really ten months? If so, that is gold-dust information..

Kamidan (Golden Rainbow)

Thursday, May 29, 2008 - 09:31 pm Click here to edit this post
No matter what I choose as my options for selling, I get too high, or a "some" left over which is actually ALL leftover, so I've just gone back to best sell strategy which still makes money and gets rid of all my products every month.

When I set it to follow quality and have a quality rating of 200+, my prices are so skewed that nobody buys the stuff, I've gone in to check on it and might find a widget that my corp is trying to sell for $6.23B and the economy last price is like $3.45B, and reduction of 5 or 10 or even 15% still might have that product sitting in stock until it expires and is lost forever.


You gotta love how the simulation tells you "some leftover" when it's really "ALL Leftover". Harumphhh!

Keith Allaire (Little Upsilon)

Friday, May 30, 2008 - 07:10 am Click here to edit this post
The game considers one month's production to be an acceptable product inventory. It doesn't consider inventory to be too high until more than a month is gone.

If your prices are right, then the 'some left' product will sell when the next month number crunching is done, and the inventory will be replaced by THAT month's production. You can actually see this process if you happen to look at your corp page on the right game day as the month rolls over (usually about the 9th of the game month on LU).

Kamidan (Golden Rainbow)

Friday, May 30, 2008 - 11:26 am Click here to edit this post
oKAY, i'LL try it once more at 10% trailing quality and see what happens, I've got enough cash to sustain a months lack of income across all corps now so I'll experiment with it for a month or two.

Thanks for that additional information.

Angus88 (Little Upsilon)

Sunday, June 1, 2008 - 09:15 am Click here to edit this post
What type of corporation are you referring to?
If it is a corporation that produces an incredibly large amounts of goods and that corporation has a high productivity % then one single month production can be considered "too high", or in the case of very low production (hospitals, production plants) 1 single units can be considered "too high". Its all relative, plus market price fluctuations can produce "none" or "too high" unsold goods within a single month.

For example lets say the market price for a good is 100 you offer goods @ 150% and lower by 10% so you offer your goods @ 150SC$, no one buys them because they can buy goods cheaper, the next months market price becomes 200 now your 150 price goods are still on the market but you lower it by 10% as well so now your offering 130-140 (depending on what figure the % decrease is calculated on)now everyone buys your goods that at the time offered were expensive but now considered cheap so now you have "some left". But this month you offer your goods @ 300 and no one buys, next month the price falls to 100 you offer your goods @ 150 no one buys both months goods so now you have "too high", next month the price raises largely to 500 and you manage to sell all unsold goods now your have "none".

Having "too high" or "none" does not necessary mean you need to refine your trade strategies although you may, it could just have to do with the relativity of your offered prices. As long as the corporation is profitable and you manage to sell your goods before they get destroyed I don't thinks its much of a big deal to have "some left" as other people emphasize.

Mueller (Golden Rainbow)

Tuesday, June 10, 2008 - 07:27 am Click here to edit this post
I wish they would turn off the "red" lettering then, because it's an obvious attempt to make me believe that things are not working the way they should.

Anyway, Im now trailing my quality by 10% and bringing in a much higher monthly income to the corporations than I was on best buy strategy.

The red lettering just makes me quite nervous that things are going to hell in a handbasket.


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