Quote:
Originally Posted by Yeshua_Won
tyvm. Is it as frowned upon as much if my ROI is 80%+ in high buy ins or does that not matter? I want to make a fair deal for everyone.
I am relatively new here as well. But I feel I have a good understanding for how things work here. So:
- There is no makeup here. You only sell action with a given markup.
- It's a marketplace. You can do what you want. Meaning you can post what you want to sell and your terms. How it will sell will depend on demand. If people think it's a fair/good deal it will sell, alternatively if people think your price is high it won't sell.
Note: obviously investors are taking on significant variance in buying action, and hence are looking for a return, not just a "fair" or neutral EV deal.
- There is no such thing as a "fair price". What I mean is there is a bunch of guess work here on the part of everyone.
No one knows what their "real ROI" is - since sample sizes in general are not sufficiently big, and the level of play (as well as your own play) in the tourneys changes over time anyways (so your ROI changes over time as well).
From this perspective, the way things work here - it's great for the seller that it's a market place. Because the seller gets instant feedback on what the market is willing to pay.
Post with what the market think is a high price and it won't sell. Post with what the market think is a low price, and it will sell quickly.
- In general, if you want to sell enough action to cover all your buy-ins, you will likely need to charge lower mark-up because investors are not going to like that you are not putting up any $ yourself. As an investor I certainly won't like it.
- a 75/25 split is equal to 1.33 markup which is relatively on the high side, and is unlikely to sell (much more so if you attempt to sell 75% of your action).
- If it's important for you to sell all your action, I recommend setting a price of 1.2 or lower; at 1.2 you'll need to sell 83% or so to cover your buy-ins.
- If it's not important for you to sell all your action, you can set your markup at 1.25 or 1.3 put it up, and see how it goes.
I looked at your PS stats, my guess is that you'll have a hard time selling significant action at above 1.2 (unless you have significant results on FTP as well), but like I said it's a marketplace - you can try whatever and let the market give you feedback.
BTW, as a reference, you should check out packages others currently have out.
There are many WCOOP packages out there, and you can see what markups are selling for players with existing databases.
Hope this helps.
Best of luck!