Testing an idea - looking for constructive feedback.
If you don’t have anything useful to add, please pass on by.
TLDR: I create a buy order monopoly to reduce sell order competition for a product I build
Scenario
I build item X and list it in a sell order.
If I list a large buy order for that product at a price calculated to generate close to 0 profit for resellers (factoring in buy/sell taxes), I will kill off competing buy orders, thus also killing off the number of competing sell orders, because fewer people are station trading in that product.
This allows me to list my product for a higher sell price once the competing sell orders dry up (or I buy them up and relist myself (short term loss/predatory pricing)).
One downside is the isk tied up in the buy order that is generating little to no profit.
However, if I chose to instead utilise the isk that I would have tied up in the buy order, I would have to put in more active effort to capitalise on it by trading in other items (assume I’m lazy and just want to focus on trading my product only).
Another potential risk is another builder of that product competing on sell price.
Is there another downside I’ve missed?
Assume the product I’m building will never decrease in demand and must be built, cannot be PvE farmed.