starfruitnmangos

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starfruitnmangos last won the day on September 11 2023

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  1. Hey everyone,

    Feeling chatty today and felt like delving into the intriguing topic of dragon pricing. Let's keep it easygoing as it's quite a sensitive subject. Given that we can't control the market undercutting, let's explore what it means and why it's a part of our dragon breeding world.

    Undercutting, often seen in business, is when a product or service is priced lower than competitors to attract customers. Now, since we invest our hard-earned currency into feeding and caring for our dragons, essentially making them our business, the decision of pricing becomes an individual choice.

    Personally, I'm okay with breeders offering their dragons at lower prices, especially when they're a mix of multiple traits that might require some effort to refine. However, it stings a bit when I see pure dragons with all matching traits going for a steal. Considering the time and effort invested in their care, it seems wise to ask for a minimum that covers the basics.

    Let's break it down further. Imagine spending eight months designing a dragon with specific traits. To sustain a pool of four dragons, you'd need to invest in crystals and well springs every two months, totaling around 12,392L or approximately $55. This is a basic cost for caring for dragons over eight months, and most breeders have multiple pools. This is not including land rent or marketing budget.

    Now, pricing a dragon that has absorbed about 12k worth of Lindens. A Fair Market Prices List exists for new traits less than a hundred days old, ranging from 100,000k - 20,000k in Lindens. As time passes, the price naturally drops.

    After 100 days, I opt for a flat rate of 500L per trait. Taking a random dragon as an example say it has the following:

    - Non-starter traits over 100 days old: 500L x 4 = 2000L
    - Additional traits (marking, unhatched egg, male, matching ornaments): 500L each
    - Parents' common traits: 500L x 8 = 4000L

    Quote

     

    Name: Ancient Love 3T Pepper
    Current Owner: 017c7133-3630-4017-90bf-16879c13354a
    Gender: Dragoness
    Age: 538
    Skin: Air Fruzayl - 500L
    Eye: Air Xaytud - Starter
    Claw: Peppermint - 500L
    Horn Element: Fins - Water 
    Horn Pigment: Peppermint - 500L 
    Ornament Element: Feathers - Air
    Ornament Pigment: Peppermint - 500L
    Marking: None - None

    Parents 

    Name: Ancient Conleth 3T Peppermint
    Current Owner: 017c7133-3630-4017-90bf-16879c13354a
    Gender: Drake 
    Age: 563
    Skin: Air Fruzayl - 500L
    Eye: Fire Zuldrud - Starter
    Claw: Peppermint - 500L
    Horn Element: Fins - Water
    Horn Pigment: Peppermint - 500L
    Ornament Element: Feathers - Air
    Ornament Pigment: Peppermint - 500L
    Marking: None


    Name: Rose of the Valley 3x Pepper Fru
    Current Owner: 30bd9b40-51d4-4960-885e-430fd60c8c2d
    Gender: Dragoness
    Age: 550
    Skin: Air Fruzayl - 500L
    Eye: Air Xaytud - Starter
    Claw: Peppermint - 500L
    Horn Element: Fins - Water
    Horn Pigment: Peppermint - 500L
    Ornament Element: Spikes - Fire
    Ornament Pigment: Peppermint - 500L
    Marking: None

     

    Combining all, I set the market price at 6k. For auctions, subtracting 20%, the auction price can range from 2k to 4.8k.

    It's essential to note that this pricing doesn't immediately cover the 12k investment. However, if I sell six eggs at 2k each, I've recovered my investment with room for growth.

    My approach to dragon pricing revolves around the enjoyment of breeding rather than making a quick profit. If I sell an egg, I aim to get its true worth. This is just my perspective on pricing; everyone has their own strategy.

    Thoughts? How do you approach dragon pricing? Share your insights!

    Lot's of Love.

    Happy Breeding,

    Star 😊💙🐉

    jonathan-kemper-zQMN9fLJehM-unsplash.jpg

    1. Sugar

      Sugar

      My approach to dragon pricing revolves around the enjoyment of breeding rather than making a quick profit. If I sell an egg, I aim to get its true worth. This is just my perspective on pricing; everyone has their own strategy.

       

      this is a great quote everyone should just have a pod or two and breed like this and get enjoyment of making nice things ty for sharing  hope you join the contests they r both fun 

    2. starfruitnmangos