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Skill Idea

Author
Iron Breaker
Republic Military School
Minmatar Republic
#1 - 2013-12-15 10:51:08 UTC
So I had some Savlave Drones posted for sale in the market, and some guy comes along and undercuts my price, by a LOT, like 100,000 per drone, which just seemed stupid, how can you make any profit on that? I do not mind being under cut, it happns all the time, and I do it myself.

In ancy case, as you might well imigian, he put them in the market for three months...so am am stuck with this guy's silly prices for three months, or until they sell.

The more I thougth about it, the more it seemed like I should be able to do something about this. There is so much focus on combat in the game, PI and other things often feel like an after though.

So how about a skill that lets me attack another players market transaction?



Market Sabotage

Target another players market posting.

For each skill level, the targeted players market transaction post time is reduesed by 10%

Note: Each market posting (buy/sell order) may only be sabotaged once per day.



You could also have another skill that reduces the effectivness of Market Sabotage on your market postings.
Nanatoa
#2 - 2013-12-15 12:45:14 UTC
Iron Breaker wrote:
In ancy case, as you might well imigian, he put them in the market for three months...so am am stuck with this guy's silly prices for three months, or until they sell.

The more I thougth about it, the more it seemed like I should be able to do something about this.


Buy them, relist at your price.

Market pvp is that simple.

"Stay the course, we have done this many times before." - (CCP) Hilmar, June 2011

Iron Breaker
Republic Military School
Minmatar Republic
#3 - 2013-12-15 13:58:46 UTC
You may have a point; but you are assumeing that the poster is chacking all there postings all the time. Heck I never do. Throw it in for three months and forget about.

In any case it was just an idea.


But on second thought...if they have to keep paying to relist, they will have to increase their price to cover the expenses = I win.


Also, if my proposed skill had a 100,000 expense each time I use it, it would help take money out of the economey, which is something I know CCP keeps an eye on.
RavenPaine
RaVeN Alliance
#4 - 2013-12-15 16:53:28 UTC
If he is selling them below the build cost, you really should buy them up.

Sadly...many marketers don't have a clue what it actually cost to build their own products, so you get this.
Many more think they got the minerals 'for free'.
voetius
Grundrisse
#5 - 2013-12-15 21:41:06 UTC

Depends what they are really worth. By which I mean the cost to build them using minerals at Jita sell plus a small markup.

If they can be reprocessed for a profit, buy them, repro and sell or use the mins, if not and they are selling below build cost, buy and relist, whatever is easier.
Nanatoa
#6 - 2013-12-15 23:42:15 UTC
Iron Breaker wrote:
You may have a point; but you are assumeing that the poster is chacking all there postings all the time. Heck I never do. Throw it in for three months and forget about.


Firstly, you're saying you want AFK pvp?
Secondly, your own suggestion involves checking orders and manipulating them. That involves "chacking [sic] all there [sic] postings all the time" too.

"Stay the course, we have done this many times before." - (CCP) Hilmar, June 2011

Nerath Naaris
Pink Winged Unicorns for Peace Love and Anarchy
#7 - 2013-12-16 00:02:48 UTC
Iron Breaker wrote:


Market Sabotage

Target another players market posting.

For each skill level, the targeted players market transaction post time is reduesed by 10%

Note: Each market posting (buy/sell order) may only be sabotaged once per day.



You could also have another skill that reduces the effectivness of Market Sabotage on your market postings.



You are aware that modifying your market order resets the time the order is active to its specified maximum again?

And even if that were changed, simply chancelling and relisting the order would circumvent any "Market Sabotage". Not to mention the fact that in 99,8% of all cases any order that still exists after 6 weeks should be reconsidered.

Je suis Paris // Köln // Brüssel // Orlando // Nice // Würzburg, München, Ansbach // Saint-Étienne-du-Rouvray

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Je suis [?]

Iron Breaker
Republic Military School
Minmatar Republic
#8 - 2013-12-16 00:59:00 UTC
I am not saying the idea is perfect, but being able to fight an economic war, in the market place, would add a very interesting element to the game.
Nanatoa
#9 - 2013-12-16 11:19:09 UTC
Iron Breaker wrote:
being able to fight an economic war, in the market place, would add a very interesting element to the game.


This is happening right now. In fact, it is happening all the time. The market place is in a state of constant pvp and it is people like you, who don't grasp what's going on, who are the primary victims of that pvp.
You want to fight an economic war? Easy: find a decent target, bring smarts and lots of isk. Boom. Shots fired.

"Stay the course, we have done this many times before." - (CCP) Hilmar, June 2011

Iron Breaker
Republic Military School
Minmatar Republic
#10 - 2013-12-16 14:01:23 UTC
What you said "bring lots of isk" is sort of my point. I do not want to spend lots of isk, I want to make lots of isk. Which is why I use the term Market Sabotage, not Market War.

I am willing to admint, my idea is not perfict, but I cannot help but wonder, do you really not like my idea, or, are opposed to any sort of change?

It seems like there are a fair number of people who automatically oppose any sort of change. I fully understand the 'if it is not broken, do not fix it" mindset. I wish my boss did! He can't stop fixing stuff that is not broken, heheh and normally makes it worse!

However, if outspending another player is the only way to beat them, what's the point?

It may be you are correct, and there is more going on then I know, but if that is the case, someone shoud make a blog explaining how the system works. If one is out there, please provide a link.

Thanks.
Nanatoa
#11 - 2013-12-16 14:41:10 UTC
Iron Breaker wrote:
I am willing to admint, my idea is not perfict, but I cannot help but wonder, do you really not like my idea, or, are opposed to any sort of change?


I don't like your idea.
I don't like the premise of your idea.
I don't like the way you went about proposing your idea.

Please don't let this discourage you from posting in the future, just spend a little more time thinking before posting. Some guidelines for decent idea-proposals:
- Try to understand what's going on. What is happening; why is it happening.
- Determine if what is happening actually is a problem. Why is it a problem?
- What can be done to alleviate the problem? Is that effective? Does it create other problems?

Once you've thought about all that, then is the time to make a post. Make an elaborate post, explain everything you've thought about (try to use proper terminology) ((do use proper spelling)).

Now, let's look at what went wrong with your idea above. You had an issue. You didn't know why it happened ("(...) which just seemed stupid") but you found it annoying for you and thus it must be a problem which must be fixed. The 'problem' was you being undercut by a lot, so you propose a solution: reduce the order duration time. Let's think about this, does this fix the 'problem'? Oops, no, it doesn't. Who keeps orders for three months? Pretty much no one, but if people do it's people who don't care about selling/buying fast, who are in for the long term with a sit-back-and-relax attitude. Who undercuts orders? Traders who update orders regularly. What happens when you update an order? The duration gets reset. Not only does your idea not fix the 'problem' of undercutting, it doesn't work.

Let's take a few steps back and try to understand what the "stupid" trader who undercut you was thinking. He might have several motives, one being that he wants to sell his drones fast. Undercutting big means he'll have a good chance of selling fast, as other traders might be unwilling to drop that low, or another trader might think what I told you to do: buy and relist at a higher price. The "stupid" trader got his drones sold fast, the second trader makes some more isk, everyone is happy. This is just hello-kitty-online level 'pvp' though. Maybe the "stupid" trader doesn't like you being his competition. Maybe it is true that he (and you) can't make a profit at the undercut price. Here's news: he doesn't care. He will gladly take a loss right now, because you will decide this all this stupid, you will stop selling drones, and he has eliminated a competitor. Once the competition is gone, prices can go up. Is this a risky strategy? Yes. Can it backfire on the "stupid" trader? Yes. Can he make big money doing this if it works out? Yes.

Ok, turns out that what is happening is not a problem at all. What is happening is the pvp you seem to long for, you just didn't understand it and called it stupid.


Iron Breaker wrote:
It may be you are correct, and there is more going on then I know, but if that is the case, someone shoud make a blog explaining how the system works. If one is out there, please provide a link.

Thanks.

Don't have a blog to link to so I wrote you something. You're welcome. Pro Tip: lurking the Market Discussions subsection of the forum will sometimes allow you to catch glimpses of what's going on.

"Stay the course, we have done this many times before." - (CCP) Hilmar, June 2011

Iron Breaker
Republic Military School
Minmatar Republic
#12 - 2013-12-16 20:44:20 UTC
You are giving the other player too much credit. Have you considered the other palyer is just making poor business decisions?

Sadly, even if you are correct, Eve has no anti-dumping laws. Therefore, a way to fight back is reasonabe.
Zhilia Mann
Tide Way Out Productions
#13 - 2013-12-16 21:03:51 UTC
Iron Breaker wrote:
You are giving the other player too much credit. Have you considered the other palyer is just making poor business decisions?

Sadly, even if you are correct, Eve has no anti-dumping laws. Therefore, a way to fight back is reasonabe.


We already have one. Buy them up and re-list them at your price. If you think your price really is optimal it shouldn't be a problem.

As is, he's taking a loss (you think; apparently you didn't check) and may and may not have motives for it. Find a way to profit from it either way. We already have mechanisms that cover these possibilities.
Zhilia Mann
Tide Way Out Productions
#14 - 2013-12-16 21:11:07 UTC
Iron Breaker wrote:
So I had some Savlave Drones posted for sale in the market, and some guy comes along and undercuts my price, by a LOT, like 100,000 per drone, which just seemed stupid, how can you make any profit on that?



Wait, what? Shocked

I just ran the numbers; on an unresearched print salvage drones only cost 36,000 ISK to make. Just how much were you charging that he could undercut you by 100,000/unit?
Nanatoa
#15 - 2013-12-16 21:17:31 UTC
Iron Breaker wrote:
You are giving the other player too much credit. Have you considered the other palyer is just making poor business decisions?

You know what, perhaps the other player is being stupid. Are you running a social institution for stupid people? No? So take advantage of him. This isn't rocket science. Other people being stupid is what makes you rich.

Iron Breaker wrote:
Sadly, even if you are correct, Eve has no anti-dumping laws. Therefore, a way to fight back is reasonabe.

I figured my going into lengthy detail about what might be going on and what could be done would be wasted on you.
Be careful what you ask for though: you getting a way to screw others will mean that others get a way to screw you. Judging by your reactions to adversity/opportunity so far, you won't cope very well.

"Stay the course, we have done this many times before." - (CCP) Hilmar, June 2011

Iron Breaker
Republic Military School
Minmatar Republic
#16 - 2013-12-17 03:37:43 UTC  |  Edited by: Iron Breaker
Zhilia Mann wrote:
Iron Breaker wrote:
So I had some Savlave Drones posted for sale in the market, and some guy comes along and undercuts my price, by a LOT, like 100,000 per drone, which just seemed stupid, how can you make any profit on that?



Wait, what? Shocked

I just ran the numbers; on an unresearched print salvage drones only cost 36,000 ISK to make. Just how much were you charging that he could undercut you by 100,000/unit?


You are correct, the raw materials that go into a salvage drone are about 36,000-38,000. However, you have to remember, the BP cost is almost 30 milion. You are not going to make that back selling drones at cost. It's not as if I can write off BP costs as a business expense, or take a section 179 deduction for them , (if you are an accountant , and I am, you will know what that is) so you have to take that into consideration when setting prices.

Some people might consider BP a sink cost, but that is to big an expense to consider it a sink cost. The only logical thing to do is add it to your fixed overhead cost, and assign some of the expense to each unit sold. I personally would not consider BP a variable cost, as we really do not pay for labor in Eve.

Consider, in RL most businesses work at a 50% mark up (some of the large retailers like Wal Mart work about at a 30% mark up). Therefore, when I am selling salvage drones at 100,000 - 150,000 I feel my prices are quite reasonable. I checked the market in nearby sustems and there were Salvage drones priced as high as 200,000.
Zhilia Mann
Tide Way Out Productions
#17 - 2013-12-17 07:07:03 UTC
Shrug. Up to you. Since blueprints really don't depreciate, most people consider them capital. Even if you want to calculate a payback I'd suggest you do so in months of continuous use. For a 20/20 salvage drone blueprint, your cost is ~33,500 and you can make one every 5 minutes 11 seconds. The blueprint costs ~30mil isk.

If you want to amortize that over a month of continuous production, that comes to 30mil over 8334 units or ~3600 isk/unit. I'd say a month is on the low side already, but let's say you wanted to reduce that to 10 days of continuous production instead: you're still looking at 2778 units and 10799 isk/unit. The range you're talking about is absolutely absurd: hundreds of thousands of isk/unit to pay for your cheap blueprint? You're not going to make it ahead that way. Markups like those would make carriers cost hundreds of billions of isk instead of 1 billionish.

And so yeah, charge that markup when you can get away with it. But don't expect everyone else to let you have takings like those all to yourself.
Karak Bol
Low-Sec Survival Ltd.
#18 - 2013-12-17 07:50:05 UTC
It seems he is not underpricing, but you are way overpricing. Buy him out if you have to, undercut him if you want. You can do lots of things, no new skill needed.
Joshu Mumon
Doomheim
#19 - 2013-12-18 18:34:03 UTC
Buy one of his drones, get his name or corporation name, confront him about it.

Trade somewhere else if the prices are better for you to compete against.

Plus all the other suggestions above.
SurrenderMonkey
State Protectorate
Caldari State
#20 - 2013-12-18 19:11:20 UTC  |  Edited by: SurrenderMonkey
Iron Breaker wrote:
Zhilia Mann wrote:
Iron Breaker wrote:
So I had some Savlave Drones posted for sale in the market, and some guy comes along and undercuts my price, by a LOT, like 100,000 per drone, which just seemed stupid, how can you make any profit on that?



Wait, what? Shocked

I just ran the numbers; on an unresearched print salvage drones only cost 36,000 ISK to make. Just how much were you charging that he could undercut you by 100,000/unit?


You are correct, the raw materials that go into a salvage drone are about 36,000-38,000. However, you have to remember, the BP cost is almost 30 milion. You are not going to make that back selling drones at cost. It's not as if I can write off BP costs as a business expense, or take a section 179 deduction for them , (if you are an accountant , and I am, you will know what that is) so you have to take that into consideration when setting prices. .


I probably wouldn't let you do my taxes. :D BPOs shouldn't be treated as a basic expense - they're a capital asset and, in Eve, capital assets generally don't depreciate much or at all. In the case of BPOs, even a small amount of research (which you're going to do anyway for the sake of efficient manufacturing) can push their resale value well above the NPC price. So, you don't actually have to recoup the cost of the BPO unless you do something outrageously stupid and lose it - it will recoup its own cost when you're ready for it to do so.

Furthermore, I would expect someone with your background to have at least a basic understanding of price elasticity of demand. In an environment where people have pretty ready access to perfect pricing information across their local region with no effort, and even access to almost-perfect pricing information across the rest of the universe, the only people you're getting sales from with that kind of outsized pricing are the truly desperate and lazy - most people will fly a few jumps for reasonable prices.


All that aside, your idea is pretty dreadful. It's a standard issue, "I'm being outplayed! This cannot be! The rules of the game must be changed to address this!" suggestion, complete with manufactured reasoning that conveniently ignores existing mechanics. You said:

Quote:
The more I thougth about it, the more it seemed like I should be able to do something about this.


Which implies that there isn't, currently, anything you can do about it... which is bullshit. There are lots of things you could do about it. You could buy him out and relist his inventory at your price. You could undercut him back. You could pack up shop and move. You could wait him out.

Not liking any of your options isn't the same thing as being unable to do anything about it. You're entirely able to do something about it. What you are is unwilling to do something about it. That's a personal problem, not something that needs to be addressed at a game design level.

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