Coming soon - Get a detailed view of why an account is flagged as spam!
view details
3
Some quick and dirty calculations.
Post Body

A comment in another thread inspired me to do a bit of investigating into the profitability of micro transactions and here's what I came up with:

Well I did some quick and dirty number crunching and I mean QUICK and DIRTY to get an idea of profits from the market. Here's what I came up with. Let's take a look at an approximately $2.00 skin. I chose this because it was the median price of all items on the market (median is less subject to deviation then the mean but that's for a stat lesson some other time) It is a "MOSCONI 12G SHOTGUN | First Line, Broken-In". There's a median sale price on steam for each weapon. It sells for about $2.00 twice a day. Maybe $1.90 one day maybe $2.12 the next. Maybe one gets sold that day maybe 4 but it's a good enough approximation.


So $2.00 skin sold 2x per day, I only make $1.75 so $0.25 is lost to the powers that be

If I want to make $0.01 on the market I have to sell at $0.03 so lets say OVK and Valve split the profits 50/50.

Then that $0.25 lost is $0.125 to OVK/STRBRZ 2x per day. so $0.25 per day.

Now for the quick and dirty part...


At 114 pages of items at 10 items a page, Approximating the profits from all items sold at all price points averages to around this Mosconi's price point (the $100 dollar plus skins being sold once every week or less maybe and the $0.03 cent items being upwards of 30-40 times an hour) then that's 1440*$0.25=$350 profit per day or $10,500 per month.


Hope that helps, though take it with a grain of salt.

IMPORTANT- If anyone has some link to the actual split of profits by Valve and OVK/STRBRZ or any other types of real life figures please let me know and I will work it into the calculations!

Edit: I have been informed that there is likely not a 50/50 split between OVK and Valve but more like a 33/66 split in OVk's favor. Then that's now $475.20 per day and $14,256 per month.

Author
Account Strength
100%
Account Age
11 years
Verified Email
Yes
Verified Flair
No
Total Karma
8,610
Link Karma
3,946
Comment Karma
3,699
Profile updated: 6 days ago
Posts updated: 10 months ago
Infamous II

Subreddit

Post Details

We try to extract some basic information from the post title. This is not always successful or accurate, please use your best judgement and compare these values to the post title and body for confirmation.
Posted
9 years ago