Exporting
orangejuicemmm
Now, We have all noticed and or/read about the problem of over production in Ireland and worldwide, this is due to many factors but lets not dwell, What’s done is done, we should now be trying to get out of this problem.
The simple answer would be too export, with the growing media presence of Project Lamba alot of people have begun to discuss Exporting. Exporting would be our easy and simple way out of this rut we've gotten ourselves into. Though if you have looked at any countries in particular about exporting it would appear some may appear to be less profitable than Ireland (According to the Figures) but what most people seem to forget is the over-production problem and what that’s doing to you as a company, It is forcing your prices down as most of us need to pull a profit at the end of the day to stay afloat, so any money is good money, but when you are looking to export just remember that if you can secure sales in a country of slightly less profit than it would appear in Ireland at the end of the day it is more rewarding than dropping your prices to make some necessary sales. If you for example you can sell 10 Weapons in X country for 1 Gold but in Ireland you can sell 8 for 1 Gold, it would appear Ireland is better off but If your not making those 8 Sales for 1 gold and your only making 5 that would reduce your income and force you to make price drops to the point were if you sell 12 Guns got only 1G so you would in turn be losing out in Ireland.
That being said If you Export all your over produced products to X country and keep your regular sales amount here in Ireland it would mean good news for you and the country as you would be making a profit in Ireland and in X Country.
So what I urge all company owners to do if they have 20 gold that they have been saving to upgrade to a Q2 etc or just being building up, to look into exporting, do a little research, take the time to make the smart choice and invest in a Export License
There are many people in eIreland who will help you understand so don’t be afraid to ask, heck I’ll even help you.
Now the Government, the Government needs to advertise and make the newly bought companies aware of the current problems and challenges opening a new company will bring, they need to help educate the existing companies on exporting and the advantages and disadvantages to it.
We need, as a country to go back to the basics, we need to use the knowledge this country has on the economy and use it to benefit us as a whole, work together as a country for everyone in the country.
Labour ABÚ
Join the labour party
Some good reads:
Project Lamba I
Project Lamba II
Comments
Exporting is sexy.
I understand your points but if the economic problem of overproduction is worldwide then why would sales be better anywhere else? I'm not trying to be difficult but you said to ask.
Very good question, In fact well spotted, That would be a mistake on my part, Over Production has not occured World Wide but is happening in various places, The Likes of Malaysia (who are apart of our war games) and other countries with out constant wars tend to have over production and and continued price drops, without regular war and battles demand drops and supply stays the same. Countries which are engaging in Real Wars and/or very steady war games tend to have less over production than those which don't. Thus cutting out Over-production or cutting back on it. I hope that helps. If you have any other questions you can send me an in-game pm.
Im sorry, but this idea that you can just buy an export license and help solve ones sales problem is too simplistic.
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Im not saying it wont help to sell a little overseas, but selling in foreign markets presents another set of problems. First, you will almost always be selling at a loss. Second, you have to match the lowest prices in that foreign market, which instantly sets the native companies to beat your price. Immediately you will find yourself in a price war.
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If you keep pushing the issue, the prices will decline further and further, and sooner or later the foreign country will legislate you right out of the market by increasing their import taxes.
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There are only a couple things that are going to save our markets and our companies:
1. A war. War brings people, people buy products. We NEED a Resistance War in Northern Ireland. Barring that, then we need to seek out and find a good cause to fight for and deploy our IDF. We also must require our IDF soldiers to buy food and gifts from our market when deployed. It would not be difficult at all to set that up.
2.The New Economic Module: Its almost senseless to make any major changes until we see what the new module does to the markets and our workforce. For Ireland's sake, we can only hope this new module will be released soon.
Exporting is life for a company, at least for me.
Exporting has kept my company alive... and thriving.
Well I have never really understood the game mechanics of the economy. It seemed too simplistic to me to be a "real" economic system. Everything based on lowest price does not build a stable economy. I hope v2 with products with different properties will give products a real "value" and keep economies more stable through the ups and downs. For instance a war destroys the food market. Just heal in the hospital, no need to buy quality food. I hope v2 changes this type of thing so that one or more sectors of the economy don't hurt due to what is going on in another area. Let the quality of your work and product decide if you succeed not if there is a war going on.
@Dash
First off thats why I mentioned Exporting was the "simple" answer (other than war)
Yes, you will be selling at a loss and I made that aware in the article, but most companies havn't got huge capital in which they can fall back on during times no military activity. (Happens a lot in Ireland) if you can target a market with more demand than supply then there will be minimal price war, if your over producing and not selling (like whats happening in Ireland) you can find it very hard to make enough money to keep it afloat and you go bust (keep in mind newly uneducated citizen regularly open new companies as a seemingly "easy" money maker)
Now, Clearly war is the obvious answer to our over production but I don't see war, yes this resistance war will help but this isn't a long term solution, once this battle is over and the UK have it will become to costly for us to Attack. One RW won't help our economy THAT much. If isn't so difficult for the IDF to begin regular deployment then why hasn't it happened? Our country has begun to fall back into stagnation, the MoD (or well the last one) seemed to think that two deployments in a whole month is enough action? One battle last 24 Hours, we should at least deploy into 5-10 Battles through out the term. Heck even the ICA has deployed more than the IDF so far this term.
The economic Module- A lot of companies and governments are holding gold in reserve for the new module but it is a mystery it may prove to benefit you or not but if we keep up this idea of just wait and see it will be too late and your country and company and you may have been run out of business before it comes out.
"For Ireland's sake, we can only hope this new module will be released soon."
+1.
voted. Orangejuice, me and a few others had a lively discussion about this topic in IRC the other day.
Everyone who is interested in the economic part of this question is free to send me a msg and I will gladly explain.
Basically, irish overproduction can be tackled in two ways:
a) Exporting, which solves the problem for Ireland, but not globally, as we just offload out overproduction to other countries (who might have their own overproduction issue)
b) consumption. Since "decay" does not exist in eR, the only way things get less, is by consuming them. Since we can all only have one house and buy one unit of food a day, this essentially comes down to one thing: Participate in wars, and fight with weapons of the highest affordable quality to you.