Calculating Profit Like A Billionaire. Albion Online East .

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  • เผยแพร่เมื่อ 7 มิ.ย. 2023
  • Instant Access to My spreadsheet and other perks like daily best item to craft:
    / goldeniumalbion
    Link to my Stream where you can get my sheet free and premium giveaways:
    / goldeniums
    Link To my econ discord:
    / discord
    Formula to calculate return rate in this video
    =(1-100/(100+(total return %*100)))

ความคิดเห็น • 42

  • @lastsurvival_gaming
    @lastsurvival_gaming ปีที่แล้ว +4

    Simple, understandable and now i gained the useful datas😄

  • @justsaying1720
    @justsaying1720 10 หลายเดือนก่อน

    Golde, the excel sheets u r using...do u calculate the exact number of refined mat or crfted products u get .coz that will make the calc more accurate. Or u guys just go with the first time bonus return and then calculate....?

  • @muhamadrasyid11
    @muhamadrasyid11 ปีที่แล้ว

    thank you for this useful information

  • @i7i7i7fl
    @i7i7i7fl ปีที่แล้ว +11

    thanks for this, could you also please make one for refining? thankyou

  • @crashsitetv7579
    @crashsitetv7579 ปีที่แล้ว

    at 9min onwards for a little bit you explain how to show what someone would make after tax on a sell order of 24999 silver, the inputs you place under that for with premium on and off give massive numbers way above the sell order? (multiplying cell f5 against either against 935 or 915) im trying to understand why this is? is there a missing decimal point to make it make sense? how could you setup a sell order of 24999 and then in the cell just below that after calculation factoring premium showing 23 374 065? or do you put a decimal point in there yourself? sry for this Q but when it comes to even basic maths and excel use I have no clue what im doing.

  • @user-sy9dr3zv1y
    @user-sy9dr3zv1y ปีที่แล้ว +19

    can you do refining?

  • @blankkhan6661
    @blankkhan6661 ปีที่แล้ว +1

    How long did it take to make your spreadsheet

  • @Junkd0gAO
    @Junkd0gAO หลายเดือนก่อน

    THANKS A LOT I, i suck at maths so this helps way hugeee. i have been playing albion for years and was always having problem with crafting profits xddd

  • @antonioandre23
    @antonioandre23 5 หลายเดือนก่อน

    6:06 why are you findind the opossite (1 - X ) of the total (100%) divided by the bonus (133%) ?

  • @antonioandre23
    @antonioandre23 5 หลายเดือนก่อน

    what if it is a weapon which as 2 types of materials, how do I calculate return rate?

  • @reallynotallen3605
    @reallynotallen3605 ปีที่แล้ว

    Please make one for refining!

  • @ToBeFashion123
    @ToBeFashion123 ปีที่แล้ว +1

    Is great to see someone else able to count. How can i contact you privately?

  • @wathafaaaak
    @wathafaaaak ปีที่แล้ว

    hey can you share reaymate sheet link? please in we just change prices that's it

  • @qwitek6738
    @qwitek6738 ปีที่แล้ว

    can u link ur spreadsheet?

  • @aleksandartonev8472
    @aleksandartonev8472 ปีที่แล้ว

    does having premium benefit you when doing this activity and at which points?

    • @veertje135711
      @veertje135711 ปีที่แล้ว +1

      Yes for 2 things:
      - If you use focus (10k each day with premium) you get a bigger return rate --> less costs --> especially nicer the more spec you have, because then it costs less focus per time
      - Selling with premium has half the tax (4% instead of 8%), you do always have 2,5% setup fee also for both prem/non-prem.

  • @veertje135711
    @veertje135711 ปีที่แล้ว +6

    Nice Goldenium, a how-to-profit with actually showing how to calculate using a spreadsheet with real market prices 0.935
    - For non-premium sadly it is even 8% tax, so for sell orders it is 10,5% --> 0.895 x.x
    - 1 VERY important thing to be accurate: You did not add station fee in cost price yet, so it is even a bigger loss

    • @goldenium
      @goldenium  ปีที่แล้ว +1

      ty for the simple frofit % calculation. I did add the station fee in cost at the end of the video.

    • @crashsitetv7579
      @crashsitetv7579 ปีที่แล้ว

      im not sure how you have made a private comment to me but thank you fo the assistance regarding understanding the sell order tax cell I have changed them following your recommendation. also do you know how I can change this demo in the video to make a tab for 2handed relic item weapons? (ive so far copy paseted a the same formula over to try make a new coloumn for 2h weapons but im not sure how to change the price of material factoring in % saved from resource rate (the cell with the =(B63-(B63*K61)) formula

    • @veertje135711
      @veertje135711 ปีที่แล้ว

      @@crashsitetv7579
      B63 should be the price of all the resources excluding the relic. So if you have for example planks total of 5k and cloth total of 3k (saying some random numbers here) --> It should be 8k as a value there.
      K61 should be the return rate % --> for example if the return rate is 24,8% then either the K61 cell is "24.8%" OR "0.248" (the point being the decimal)
      Then it should be = (B63 - (B63 * K61) ) + relic price
      Does this answer your question?

    • @invisibl3854
      @invisibl3854 11 หลายเดือนก่อน

      What's the cost price? Buy order price? Or sell order price plus tax?

    • @justsaying1720
      @justsaying1720 10 หลายเดือนก่อน

      See, the main issue is none of us calculate the second time 24% return rate, that will add the exact amount however that wont keep the equation in a simple linear stage...btw i love making albion formulas, and i have some of my own.....love to talk in game.

  • @psoren423
    @psoren423 5 หลายเดือนก่อน +1

    Whenever I watch these videos people are always saying, “I’ll transport resources to X” but never adding transport costs to crafting with bonuses. On top of that many videos like this also don’t show the crafting tax for using royal city crafting stations, which I think even if you own the station in BW, LH, ML, FS, you pay a tax. If your going to cite economy principles to calculate profit than you should list relevant costs.

    • @Minsii.
      @Minsii. 5 หลายเดือนก่อน

      Transport is free, just run there yourself. If you don't wanna do that then it's your issue to fix or calculate.
      I his calculator it filters out crafting tax, that's why he uses it. And if you don't have the sheet, again, calculate it yourself. Not his issue ❤

    • @goldenium
      @goldenium  3 หลายเดือนก่อน

      i explained the tax for using royal city crafting stations. so i think you might have just not watch me explain it
      and also transporting is free if u just get yourself a transport mount

  • @zunou5545
    @zunou5545 ปีที่แล้ว

    for refining pleas, thanks in advance!

  • @farmboi9690
    @farmboi9690 ปีที่แล้ว +1

    i love u man fr ( no homo )

  • @LusKereN80
    @LusKereN80 ปีที่แล้ว

    Can you share your google sheet ? :D

  • @Malicious_Pk
    @Malicious_Pk ปีที่แล้ว

    sir please tell what you explained here 9:10 i dont understand

    • @kuysneil22
      @kuysneil22 5 หลายเดือนก่อน

      same, dont know why he multiplied that.

  • @chuckmeister6240
    @chuckmeister6240 ปีที่แล้ว

    33% is return rate so the production cost rate should be 67% of mats.. 36800 x 0.67 = 24656 + 3850(arti) = 28506 + market tax.. i havent played albion in like months but this was how i calculate things.. is this calculation wrong?.

    • @veertje135711
      @veertje135711 ปีที่แล้ว

      The 33% was the local production bonus which is not the return rate.
      It is a bit confusing for sure, but you should calculate with the returnrate as he showed of 24,8% for these.

    • @shreepadshinde6988
      @shreepadshinde6988 4 วันที่ผ่านมา

      It is wrong

  • @golfer4039
    @golfer4039 ปีที่แล้ว

    With 800 crafting specs I can craft so much each day, how am I suppose to sell them though 😢

    • @ollala4552
      @ollala4552 ปีที่แล้ว

      Sell some on all cities, the rest go black market

  • @The-Me
    @The-Me ปีที่แล้ว

    google sheets>>>

  • @indragaming7799
    @indragaming7799 ปีที่แล้ว +3

    you should just go be an accountant at this point lol

  • @daryljaymayo8359
    @daryljaymayo8359 27 วันที่ผ่านมา +1

    What about the usage fees?

    • @qwerdasfuhgeo6248
      @qwerdasfuhgeo6248 7 วันที่ผ่านมา

      =((item value of craft*0.1125)*usage fee)/100

  • @Lilwillg
    @Lilwillg 3 หลายเดือนก่อน

    You lost me at hello

  • @carlotagle1550
    @carlotagle1550 7 หลายเดือนก่อน

    Refining pls