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Business Idea? Need Schooling from the Pros.

Author
Kraxon Katelo
Caldari Provisions
Caldari State
#1 - 2013-09-13 14:39:39 UTC
This morning I was running around buying all the fittings in order to outfit 25 Condor Fast Tacklers, I had decided to join a PvP Corp, in order to learn about the darker side of EvE. As I was doing all the running around I wondered to myself, I'm sure I'm not the only person doing this on a regular basis...Right?

What if I could sell Pre-Fit ships? Why not? I got to thinking, I hadn't seen mention of it in other areas of the forums so why wasn't it being offered?


Is this a viable business idea? My thinking was that at first I could offer pre-fit t1 ships, Tacklers and the like (I'm not space rich) and then steadily move up in my offerings.

What is the best way to go about this? Posting/taking orders here? A seperate website? Contracts in game? Reaching out to PvP Corp leaders?


Thanks for any insight you may have.
X ATM092
The Hatchery
RAZOR Alliance
#2 - 2013-09-13 14:43:52 UTC
Works in big blocs where they have predetermined doctrines and need them fully fit. Does not work anywhere else because you're not good enough at eve to work out the correct fits and even if you were nobody in eve is good enough to understand if the ship they are looking at is correctly fit. Mods on ships on contracts are assumed to be worth less than mods in Jita, they still have value, the useful ones even have close to market value, but certainly not above.
Kraxon Katelo
Caldari Provisions
Caldari State
#3 - 2013-09-13 14:46:59 UTC
By big blocs do you mean something like a big alliance/or corp? I'd assume they have in house setups to fit/fill their lines. Maybe I'm missing something?
X ATM092
The Hatchery
RAZOR Alliance
#4 - 2013-09-13 14:55:49 UTC
Kraxon Katelo wrote:
By big blocs do you mean something like a big alliance/or corp? I'd assume they have in house setups to fit/fill their lines. Maybe I'm missing something?

Nope, a lot of their seeding is done by player initiative and even the nationalised programs still often allow for profit for the guy running it.
Adunh Slavy
#5 - 2013-09-13 18:07:54 UTC
If you want to do a business like this, don't try it with common ships.

Try this instead - Fully faction fit faction ships.

Fit a Sansha frig with all Sansha stuff, A CNR fully CalNavy gear.

Don't fit rigs to them, no sense in the extra burden.

What you're selling is taking the time and effort to collect the stuff and get it all into one package.

Necessity is the plea for every infringement of human freedom. It is the argument of tyrants; it is the creed of slaves.  - William Pitt

arabella blood
Keyboard Jihad
#6 - 2013-09-13 20:01:19 UTC
Adunh Slavy wrote:
If you want to do a business like this, don't try it with common ships.

Try this instead - Fully faction fit faction ships.

Fit a Sansha frig with all Sansha stuff, A CNR fully CalNavy gear.

Don't fit rigs to them, no sense in the extra burden.

What you're selling is taking the time and effort to collect the stuff and get it all into one package.


Thats like the most Niche market i can come up with Shocked

If I am going to fit a Faction Ship (which i always do, come hunt me - im a loot pinata Bear) I sure aint going to buy it *ready*.
Im investing a lot to get the best, so I am going to buy it myself, piece by piece Roll

Maybe thats just me Blink

Troll for hire. Cheap prices.

Julia Avinte
Federal Navy Academy
Gallente Federation
#7 - 2013-09-13 21:08:06 UTC
I see a few problems with the idea.

1. As X ATM092 said, people have their own idea of how to fit a ship and they are not going to agree that your way is the best.

2. 90+% of your potential customers are not going to check contracts for ships and will never see your ships for sale.

The problem in 2 can be lessened by some type of advertising in local or with anchored cans but 1 is hard to do anything about.
Tuggboat
Oneida Inc.
#8 - 2013-09-15 06:02:06 UTC  |  Edited by: Tuggboat
9 areas you need to give thought to. A picture is worth a thousand words.

http://businessmodelsinc.files.wordpress.com/2009/08/picture-1.png

but if you'd rather have a thousand words:

http://ingenia.wordpress.com/tag/business-model-canvas/
cryojin
Thoragena Industries Co. Ltd.
#9 - 2013-09-17 08:18:10 UTC  |  Edited by: cryojin
I was toying with this idea for a while basically the best way to do this is to get a contract with some corps to provide various fited ships they need, another way is to post a sell order service on the forum. The second is more risky as some might ordrer ships and never take delivery forcing you to sell at a loss either in isk or time.

Personally I would use this service for things like Noctis, scanning herons etc. Those fits are pretty universal, also you may want to look into gank fits as they are pretty standard too.

Depending on the time frame for the orders, if you get a large order of 50 -100 fitted ships you would be wise to use the bulk trade mailing list to source your parts at slightly cheaper then Jita. If you have the capital, you could look into producing the parts yourself but be sure to ensure you can make them cheaper then you can buy them.
Rath Kelbore
Caldari Provisions
Caldari State
#10 - 2013-09-18 19:27:13 UTC
If you are in a corp/alliance that flies doctrine ships and isn't living 1 jump away from a HUB people will buy your ships.

Volume is obviously dependent on how big and active said corp/alliance is.

As an example:

A corp I was in lived in molden heath, we used Naga's a lot for a period of time. A corp member decided to fit naga's and copr contract them. After figuring in the costs of everything including transportation of the ships ect, I think he made around 10-15 mil profit per ship.

We were a small group, maybe 10-15 active pilots, and he'd bring down 10 ships at a time. It'd take a couple of weeks to sell them in most cases. So he was making 100 mil or so every couple of weeks about?

Obviously it was done more as a service than an isk maker but since he was the JF pilot anyways it was no big deal for him to bring them down and made a little extra isk.

/my story

I plan on living forever.......so far, so good.

Tuggboat
Oneida Inc.
#11 - 2013-09-19 01:36:11 UTC  |  Edited by: Tuggboat
1. its been mentioned that the value of a similar product was worth 10 or 15 mill a turn. That's a nice turn. Does the local customer value flexibility enough to pay higher premiums for select modules at the same station? how much is fast reshipping worth compared to the flexibility of purchasing individual parts at a station?

2. Do you want a close customer relationship like in corp/alliance or does extension into the broader market offer different opportunities to create value.

3. What information channels to use? Private contracts are limited, corp contracts are nice, web advertisements are possible as well as order taking, general market has large potential. Each has positives and negatives you can see as well as positives and negatives that you cannot. You have to gather information from others that may have a stake in what your doing.

4. The channels you pick will start to shape your customer base or you can pick your customers and work your channels around them. For instance, desiring a PVP base may lead you to only supply via corp contract channels if people like your alliance think its wiser. Besides your own channels, what about these partners? They will create restrictions but Are you selling strictly on your own or can partners also promote your product? after you get some awareness going, can you post fits on forums and allow people to evaluate them? Do you deliver or only work in certain systems? Something I never see anymore is after sales support. I bought a prefitted hulk off of the sell forum. The guy not only delivered it in half an hour but caught me in chat a week or two later to see how I liked it and to remind me that hes there if I had any alts. :)

5. Do you have any partners, suppliers of parts, logistics, alliance and corp? Not anticipating people affected often results in conflicts that have not anticipated either.

6. What all are you going to have to do? Find popular fits, post them, keep up with patches, buy materials, move stuff and market and account, planning and forecasting, honing processes etc.

7 WHat resources do you have: people, material, isk, prints, logistics, knowledge, space access, research tools etc.

8. What Costs and operating expense will be incurred in transforming these into sales. will higher costs be associated with offering more or less flexibility to your customers. Can you handle the accounting in a manner that you don't assign to high a cost to it in your time. What are the probabilities of shipment loss and their affect on expenses, will inefficiencies in your supply line tie up large amounts of resources in partial inventories not on the market. What percentage should you be making on this money that is actually a loss due to excess inventory carrying. Is it getting worse or better?

9. Are there any alternate income streams that you can add. Are there monthly fees or stocking fees possible? Would yours or another alliance pay you extra to initialize a hub, a subscription to keep it stocked, a fee to guarantee to keep it stocked a certain way? Flat rate, subscription or percentage?
Lucas Kell
Solitude Trading
S.N.O.T.
#12 - 2013-09-19 09:29:50 UTC
Kraxon Katelo wrote:
This morning I was running around buying all the fittings in order to outfit 25 Condor Fast Tacklers, I had decided to join a PvP Corp, in order to learn about the darker side of EvE. As I was doing all the running around I wondered to myself, I'm sure I'm not the only person doing this on a regular basis...Right?

What if I could sell Pre-Fit ships? Why not? I got to thinking, I hadn't seen mention of it in other areas of the forums so why wasn't it being offered?


Is this a viable business idea? My thinking was that at first I could offer pre-fit t1 ships, Tacklers and the like (I'm not space rich) and then steadily move up in my offerings.

What is the best way to go about this? Posting/taking orders here? A seperate website? Contracts in game? Reaching out to PvP Corp leaders?


Thanks for any insight you may have.

You can do it, it's not an impossible task, but it's not the most amount of fun and you really need to find places they sell well. Basically you need to find places where they use these ships and have no supply already. You missed the boat on NPC delve, where you could have set up siege bombers for CFC, which I would have bought at least a couple. I can never be bothered to fit one, and as long as all its slots are full (except 1 high) and it has 3 torp launchers, a cloak and topredo damage rigs and lows, I couldn't care less about the mids.
Another one you missed was the ice interdiction. Getting pre fit ships to interdiction areas is great. The CFC pretty much had theirs supplied, but there were several smaller groups that were tagging along unofficially, who were happy to buy ships, especially in packs. I sold nearly 200 prefit T1 gank catalysts at 5m/unit and 40m for a pack of 10. They cost under 2m to fit, but people can;t be bothered to buy all the parts, fly around gathering them up, fitting them then trading them to their -10 ganker, when they could just chuck an extra 3m for convenience.
Those are the types of situations you need to exploit.

With miners being ganked at the moment, you could probably follow the gankers around with prefit catas, and prefit procurers, selling to both the miners and the gankers :D A tank fit orca can carry like 7 fit catas and 9 packed procurers.

The Indecisive Noob - EVE fan blog.

Wholesale Trading - The new bulk trading mailing list.

Tuggboat
Oneida Inc.
#13 - 2013-09-19 19:29:27 UTC
I don't know, I have a lot of fun designing business models fast and loose
Sundiel
Inevitable Outcome
E.C.H.O
#14 - 2013-09-20 15:05:17 UTC  |  Edited by: Sundiel
I had a similar thing going. I was running corp shop for a corp in a fomer big 0.0 allaince.

How did it work?

I had over 40 doctrine fits + some "stantard" bomber fits in my shop list. Corp members would send isk and a mail to my JF alt and in about 24 hours it would be delivered to the deployment area.

This basicly was like 2-3 jita runs each day... and pretty much a full time job.

The moment I had a few bil banked from profits I started to put extra ships on allaince contracts.

Profits were calculated at about 10% over jita but ofc there were fluctuations.



If you are not part of a big allaince or so try to find standard pvp fits that people use in FW areas and leave stuff on contracts.


Doubt that Highsec is a good markert fot prefit ships, and the faction mod idea I doubt even more that it works.

It goes without saying that if you own a JF you can make lots of isk.

EDIT: most of the guys in null dont mind paying the mark up as long they dont have to bother with moving the ship and hauling it to where its needed.