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Global Economics and Trade Help Desk and Q&A

A meeting place where national storefronts can tout their wares and discuss trade. [In character]

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ViZion
Powerbroker
 
Posts: 8585
Founded: Antiquity
Ex-Nation

Postby ViZion » Thu May 01, 2014 6:22 pm

The Democratic Nation of Unovia wrote:
ViZion wrote:Once you get that all figured out, create a thread stating what it available, in the subject make sure to put "All Tech". And on each technology (along with information and minimum bid) make sure to note which tech level that is being sold to.

Thanks!

No problem :)
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United Eastedge
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Posts: 332
Founded: Apr 19, 2014
Ex-Nation

Postby United Eastedge » Thu May 01, 2014 10:30 pm

Is there a global currency?

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Dragomere
Minister
 
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Founded: Apr 28, 2013
Ex-Nation

Postby Dragomere » Thu May 01, 2014 10:35 pm

United Eastedge wrote:Is there a global currency?

The NS Dollar (essentially equal to the US Dollar)
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United Eastedge
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Postby United Eastedge » Thu May 01, 2014 10:37 pm

Dragomere wrote:
United Eastedge wrote:Is there a global currency?

The NS Dollar (essentially equal to the US Dollar)

Thanks.

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Dragomere
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Postby Dragomere » Thu May 01, 2014 10:57 pm

United Eastedge wrote:
Dragomere wrote:The NS Dollar (essentially equal to the US Dollar)

Thanks.

Your Welcome.
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DEFCON 1=Total War
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Maltropia
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Founded: Dec 19, 2009
Left-wing Utopia

Postby Maltropia » Fri May 02, 2014 2:52 am

You will also see it referred to as USD (Universal Standard Dollar), NS$ or one of several combinations, but I think NSD is replacing USD as the most popular at this point. It's all the same anyway.
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Londsdale
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Posts: 472
Founded: Dec 26, 2013
Ex-Nation

Postby Londsdale » Fri May 02, 2014 8:35 am

I seem to encounter a problem in this post. I've seen it happen before on other storefronts. Is there a way to fix this? So far, I've checked all the codes and everything looks fine in the preview, but when I submitted it, it just went poof.

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ViZion
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Founded: Antiquity
Ex-Nation

Postby ViZion » Fri May 02, 2014 9:59 am

Londsdale wrote:I seem to encounter a problem in this post. I've seen it happen before on other storefronts. Is there a way to fix this? So far, I've checked all the codes and everything looks fine in the preview, but when I submitted it, it just went poof.

I've seen that before. Check the previous post for a possibly unclosed code.
The Constitutional Federal Republic of ViZion

[ Angola | Zambia | Tanzania | Antarctica | ViZion Island | Northern South America | Central America | Astyria | Coulter Bay | 18,546,524.5 sq mi ]
(Founded June 14, 2003)
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ViZion
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Postby ViZion » Fri May 02, 2014 10:05 am

Reference
Neu Engollon wrote:
UNITED WE STAND123 wrote:
J&J INC.

We are interested in buying your company. If you don't want to sell it fully we would love to buy parts of it to.
J&J INC. home forum= http://forum.nationstates.net/viewtopic.php?f=6&t=294444
J&J INC. Store front=http://forum.nationstates.net/viewtopic.php?f=6&t=294443
a little about us we buy and sell companies.


OOC: United, first, knowing Vizion, you're barking up the wrong tree. Second, you have very little info on your company that buys and sells other companies. Having fun pictures is nice, but there's not a lot of motivation and infrastructure there to show how they have the capital to grab other companies. I think it needs quite a bit more work.

You're starting to get the coding down, which is very good. Engollon is correct, though, in that you do need to put more information. 1-2 sentences in a whole section will not sell your company it potential sellers and customers. Give a couple paragraphs about the company history. A couple more paragraphs about your company. Be more descriptive. Doing so will help your company out a lot.

Your history says, "We are a new Company Founded by UNITED WE STAND123. J&J INC. was founded on May,1,2014"

I would suggest coming up with a history further back than that. A company founded 1 day ago wouldn't have the capital to buy out a bunch of companies and invest in them. You could say something along the lines of "We launched into the international market on May 1st, 2014." but you'll want to have history further back domestically. :)
Last edited by ViZion on Fri May 02, 2014 10:24 am, edited 1 time in total.
The Constitutional Federal Republic of ViZion

[ Angola | Zambia | Tanzania | Antarctica | ViZion Island | Northern South America | Central America | Astyria | Coulter Bay | 18,546,524.5 sq mi ]
(Founded June 14, 2003)
Astyria | Astyria GE&T Directory | The Astyrian Network

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Londsdale
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Posts: 472
Founded: Dec 26, 2013
Ex-Nation

Postby Londsdale » Fri May 02, 2014 10:37 am

Is this the most terribly word-heavy application form on the GE&T right now? Haha. Thoughts?

PS. Vandeviere is a luxury chain of hotels, thus the strange application forms requesting so many things. :P

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United Eastedge
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Posts: 332
Founded: Apr 19, 2014
Ex-Nation

Postby United Eastedge » Fri May 02, 2014 4:27 pm

Hey, mates. Just two questions more. How much NSD do I have? Do I need to earn them?

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Lamoni
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Founded: Antiquity
Democratic Socialists

Postby Lamoni » Fri May 02, 2014 6:17 pm

United Eastedge wrote:Hey, mates. Just two questions more. How much NSD do I have? Do I need to earn them?


While it isn't mandatory, a good way to determine a realistic budget for yourself is the use of budget calculators.

http://www.nstracker.net/?nation=Lamoni

There is a link to one of them, and you can enter your nation name there.

The other way, is to RP your budget, but it should be realistic. One of the more economically inclined mentors can probably help you with that.
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Morthyria
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Founded: May 03, 2014
Ex-Nation

Postby Morthyria » Sat May 03, 2014 6:59 am

How do you do the actual selling of products because I'm new and confused
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Lubyak
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Founded: Oct 01, 2010
Compulsory Consumerist State

Postby Lubyak » Sat May 03, 2014 7:13 am

Morthyria wrote:How do you do the actual selling of products because I'm new and confused


Normally, you would simply post up a store front offering up a product for sale. If people are interested, they will likely start placing orders for your stuff and what not. From there, all you'll need to do is accept it and they can RP as having purchased whatever it is you're selling. Remember that since NS is free form, there's not going to be a button you click to sell things or a ticker that counts up. It's all just RP'd out.

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Maltropia
Senior N&I RP Mentor
 
Posts: 6984
Founded: Dec 19, 2009
Left-wing Utopia

Postby Maltropia » Sat May 03, 2014 8:19 am

Lamoni wrote:
United Eastedge wrote:Hey, mates. Just two questions more. How much NSD do I have? Do I need to earn them?


While it isn't mandatory, a good way to determine a realistic budget for yourself is the use of budget calculators.

http://www.nstracker.net/?nation=Lamoni

There is a link to one of them, and you can enter your nation name there.

The other way, is to RP your budget, but it should be realistic. One of the more economically inclined mentors can probably help you with that.

To add to what Lamoni said, 'tracker' sites for NS economies aren't always accepted by many RPers who'd prefer that it all be roleplayed. Trackers can give you a good idea of where you might stand, but it's probably better to just find a real-world country that's similar to your own and base your economic ratings off that.

The thing about budgets is that they don't tell you how much money you can spend on something. A lot of that funding is usually already devoted - to wages, maintenance, equipment replacement and upgrades - and not available for completely new purchases. Just because a country has a budget of 40 billion NSD doesn't mean it's able to buy ten of Lyran Arms' Battleaxe cruiser. There'd be no money left to crew the thing, or even train people to crew it, run it, repair it and generally keep it afloat.

Another thing that's nice to remember when you're RPing about your NSD is that you don't just have to RP your country. You can represent individual firms in your nation, some of whom might even make more than your government is capable of budgeting. You're not going to find a tracker for your firms, but that doesn't mean they don't exist. Similarly, it doesn't mean they shouldn't be grounded in realism, but just because your government has hit its spending limit doesn't mean your big supermarket chain has yet.
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Insui
Envoy
 
Posts: 303
Founded: May 09, 2012
New York Times Democracy

Postby Insui » Sat May 03, 2014 10:17 am

I need an idea for a new storefront but not an airport because that will take a while and I plan on doing that during my summer break. Anyone?
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Super-Llamaland
Senator
 
Posts: 3791
Founded: Jan 11, 2012
Democratic Socialists

Postby Super-Llamaland » Sat May 03, 2014 10:27 am

Would anybody be interested in a pharma business? I know the last post in one of these was about two months ago.
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Insui
Envoy
 
Posts: 303
Founded: May 09, 2012
New York Times Democracy

Postby Insui » Sat May 03, 2014 12:11 pm

And also a new logo for : www.etc.com/ns
Last edited by Insui on Sat May 03, 2014 12:12 pm, edited 1 time in total.
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Separate Texas
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Posts: 205
Founded: Mar 02, 2014
Ex-Nation

Postby Separate Texas » Sun May 04, 2014 11:49 am

How do I increase my sales?
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Maltropia
Senior N&I RP Mentor
 
Posts: 6984
Founded: Dec 19, 2009
Left-wing Utopia

Postby Maltropia » Sun May 04, 2014 2:45 pm

Separate Texas wrote:How do I increase my sales?

For more sales, you need more customers, and for more customers you need to advertise. I always go back to these two posts (a guy was asking about marketing his tea firm) for ways to advertise:

ViZion wrote:A few ways to do it...
  • Signature (obviously)
  • Actual advertisement threads (viewtopic.php?f=6&t=66657 < fun fact.. myself and several other nations back then had an advertising war between our airlines)
  • Promote it in your RP's - for yours, maybe you're RPing in a character RP, you could have your character drinking tea from your company, linking back to your storefront.

Those are 3 very good, and surprisingly uncommon ways to promote your storefront. I'm amazed how few people do any of those 3.
Maltropia wrote:I'd also recommend that you actively seek out the kinds of storefronts that would be most interested in your products - restaurants, hotels, maybe the classier airlines - and post a marketing letter. Some industries, especially food/drink-providers and pubs/restaurants, or airports and airlines, have a lot of interdependence in providing business for each other, and you can't just sit and wait for customers to come to you.


Once you have customers, you will need to keep their attention. If you have several competitors in your industry, and some of them are very well established, you need to have either a flashy/professional storefront or some awesome products; having both will also work. Never be afraid to look at your competitors and see what they're doing and how can you outdo it, or look at RL companies and their products for an idea of what you're doing.
Ɛ> Maltropia + Tiami 4ever <3
[17:46] <bc> MY ENTHUSIASM EFFECTS MY SPELLING || [19:25] <minn> srsly is maltropia the only one with a brain here :|
Call me Mal(t). Reduce risk of carpal tunnel syndrome!
GE&T:Maritime Imperial Shipwrights | T-O Cartographic
II:Amistad, EATC signatory | PRV founder | CFDS, FIR, ECU member
F&NI:IIwiki | Factbook | Embassy program
WA:Represented by Ambassador Seán Lemass

I'm a Roleplay Mentor. Have any questions? TG me or find me on Discord.

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United Eastedge
Envoy
 
Posts: 332
Founded: Apr 19, 2014
Ex-Nation

Postby United Eastedge » Sun May 04, 2014 5:56 pm

Is there a way to negotiate with a major realism? Example:
Nation A has a budget of $200,000,000 NSD and they buy something with a value of $100,000,000 NSD. Nation's A budget will never change to $100,000,000 NSD. It will stay the same. I am referring to expenses. A nation's economy is not affected by the expenses they do. Or it does? Hope you understand me.

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Cerma
Attaché
 
Posts: 75
Founded: Nov 25, 2013
Inoffensive Centrist Democracy

Postby Cerma » Thu May 08, 2014 5:32 am

Salutations,

I am relatively new to the global trading forum, I would like know the steps to essentially 'purchase' something from a storefront. Say I request a product(quantity, etc.), what would I telegram them?

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Crookfur
Postmaster-General
 
Posts: 10620
Founded: Antiquity
Inoffensive Centrist Democracy

Postby Crookfur » Thu May 08, 2014 6:06 am

Generally you just put a post on the storefront thread saying I would like to buy x amount of Y.

Now the precise detials of how you would phrase and format the above will differe from storefront to store front, some will want you to use a set "form" whislt others might require you post something that more closely resembles a formal email/letter and some will simply be fine with a one line "I want to by X of Y". Generally you can tell from the thread in question how the owner likes thier requests.

As to using TGs its a bit more complciated. personally i consider anything done by TG to be more or less Out Of Character (OOC) i.e. its you saying directly to me "hey dude i love your stuff can i have whatever." Others might like TGs purchases to be In Character (i.e. its your nation or a representitive of your nation talking). Likely the best bet is to simply send an OOC message saying your are interested and asking the storeowner how they would like to proceed.
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Cerma
Attaché
 
Posts: 75
Founded: Nov 25, 2013
Inoffensive Centrist Democracy

Postby Cerma » Thu May 08, 2014 11:53 am

I see, thanks for your help.

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Lamoni
Game Moderator
 
Posts: 7490
Founded: Antiquity
Democratic Socialists

Postby Lamoni » Thu May 08, 2014 7:49 pm

Personally, i've always thought that the letter/e-mail format always looked better for ordering stuff on GE&T, since it looks like something that a nation/organization would actually do, anyway. It looks professional, and it is a sign that the player actually cares about their nation, and RPing.
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Resides in Greater Dienstad. (Former) Mayor of Equilism.
I'm a Senior N&I RP Mentor. Questions? TG me!
Licana on the M-21A2 MBT: "Well, it is one of the most badass tanks on NS."


Vortiaganica: Lamoni I understand fully, of course. The two (Lamoni & Lyras) are more inseparable than the Clinton family and politics.


Triplebaconation: Lamoni commands a quiet respect that carries its own authority. He is the Mandela of NS.

Part of the Meow family in Gameplay, and a GORRAM GAME MOD!

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