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Eve wide buyback system, would wormhole pilots use it?

Author
D Rack
Gas Co.
#1 - 2017-07-08 20:07:04 UTC
Just trying to get some feedback from the wormhole community. I have deployed an eve wide structure based buyback program and am curious about the wormhole communities opinion on if they would consider it as a tool for exchanging goods for isk. The program has currently been deployed in 24 systems with expansions on the amount of buildings planned for the future for more coverage. I suppose I am looking for feedback on if the convenience of having an out a few scans out, to exchange goods for isk, would be a benefit utilized by wormhole pilots or if current methods of getting goods to Jita are not as much of a pain in the butt as I am assuming they are. Any enlightenment on current practices and why the services may or might not be used would be extremely helpful.

A link to the twitch page with info on the buyback system. www.twitch.tv/evegasco
umnikar
Fishbone Industries
#2 - 2017-07-08 21:54:49 UTC
We already have dozens of places to sell our blue loot spread out all over New Eden.
Also we can put billions of it in a ceptor...ccp did this for us. Lol
D Rack
Gas Co.
#3 - 2017-07-08 22:33:25 UTC
Good to know. So items from sleepers would go to NPC stations. Thanks for filling me in on that. What about salvage, mining/huffing, exploration and PI goods? Are these not very common commodities for WH pilots to try and acquire?
Haile Korhal
Professional Amateurs
#4 - 2017-07-08 23:51:11 UTC
It's not all that difficult getting things to Jita unless you're in Deep High Class space, and even then the price premium you'd have to charge to make it worth your while would likely not be enough to warrant us using it. And of course the hardest part of DHCS is getting to K-Space in the first place, getting from there to anywhere else is a breeze compared.

Some of us run on tight margins anyway so sacrificing even a few percent as opposed to a few jumps would be an unpardonable loss of revenue. Still I like emergent game-play so best of luck in your endeavor!

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D Rack
Gas Co.
#5 - 2017-07-09 01:02:57 UTC
Yeah, pricing would get better after time. With starting such an isk risky business designed to blow up, I wasn't willing to loose 14b in structures and also have the loss to buyback purchases of the 15% asset recovery system until the business shows whether or not it's viable. I created Gas Co for content and for new players more than making isk. Thanks for the info, are there any scenarios you can think of where WH pilots may use the service?
Haile Korhal
Professional Amateurs
#6 - 2017-07-09 02:40:40 UTC  |  Edited by: Haile Korhal
If someone dumps out 15+ jumps from their desired trade hub and is too lazy to move their goods the 30+ jumps or roll for a new connection, some might consider that depending on how high the convenience fee is. Although rolling for a new connection isn't difficult unless you've got a D845 hole but even those are just a waiting game.

We buy Fullerene gas in bulk and to be honest I've never really looked anywhere outside of Jita to requisition my gas. Do you just buy things from people and haul it to Jita yourself?

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D Rack
Gas Co.
#7 - 2017-07-09 02:54:33 UTC
Yeah, the buyback side of the business is purchase only and plans are to have PushX move the goods from my sites. I could move them myself but later stages of Gas Co would involve trying to make a deal with them to benefit the Eve community that use the Gas Co services. So a loss to profit would possibly pay out in a better shipping cost structure for new Low Sec pilots. All the current Gas Co locations are in Low Sec close to Null Sec if not bordering it directly.

If it is by "preferred trade hub" then Gas Co sites are the farthest away from any that is not in Nul Sec. Later expansions are to be expected if the business pans out. The first launch sites are on the twitch page and you will see that they are literally all around the eve universe in the deepest low sec spaces I would get them. Second roll out would further fill Low Sec to saturation. Gas Co will not be in high sec for a very long time unless there is a demand for it.

So as long as the content side of the business becomes perpetual, and locations are open, there could be some usefulness to wormhole pilots depending on the situation?
Jack Miton
School of Applied Knowledge
Caldari State
#8 - 2017-07-10 06:14:02 UTC  |  Edited by: Jack Miton
I have to imagine this is a non viable idea.
WHers are typically not lazy and typically extremely touchy when it comes to their profits so unless you're offering literal jita prices (which I seriously doubt since that would be moronic on your part), there's no incentive for this.
Also, hauling services already exist with groups like RedFrog ect and even aside from that, it's really not hard to haul loot to jita once in a while.

PS, just noticed your markup number: No one in their right mind should willingly pay 15% hauling/buying tax anywhere in EVE but WHs are certainly not going to do so. Most corps have their own corp level loot distribution system anyway and they tend to have well under 15% tax on it.

There is no Bob.

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D Rack
Gas Co.
#9 - 2017-07-10 23:17:31 UTC
The price will drop once Gas Co proves viable as a content generator. If it doesn't do that having the business structure based would not work, and my interests in the business would be nothing. That seemed like a good spot for until then as the asset recovery system was at that point. What would in your mind be a good number. The best info I have suggests corp buybacks would normally be at 90-93%. Do you have any better intel on the subject?

I know wormhole pilots are an entirely different breed of mentality. I would imagine anyone that could spend 45mins cloaked creeping up on someone in their hole for a kill would not mind the grind of getting goods to Jita. I thought that isk per hour may come into play and spending all the scanning time and space trucking may outweigh the possible isk gained in that time especially with holes rolling on them. I would love to be enlightened on the subject.

What seems to be every day knowledge to you has all ready helped me get a better understanding on what to expect. Any further pearls of wisdom would be helpful. Thanks.
D Rack
Gas Co.
#10 - 2017-07-10 23:27:50 UTC
Changed the buyback price to 90%. Until the business proves itself I would not move it from that. But I would love to ear opinions on what a good reasonable rate would be.
Jack Miton
School of Applied Knowledge
Caldari State
#11 - 2017-07-11 00:17:08 UTC
At the end of the day youre never getting anyone to sell you blue loot under NPC buy price since those stations are everywhere.
A lot of corps have people who will buy gas in system at Jita buy price since they use it for reactions and what not so youre not getting that either and people who mine in WHs tend to use it themselves for manufacturing (ore you mine is free right?).
This basically leaves melted nanos, asuming there isnt a T3 producer in corp who buys at jita price, and random PVP loot.
Good luck in your ventures i guess.

PS: If you draw the line estimate at 45min cloaked waiting for a kill, your seriously underestimate whers ;)

There is no Bob.

Stuck In Here With Me:  http://sihwm.blogspot.com.au/

Down the Pipe:  http://feeds.feedburner.com/CloakyScout

D Rack
Gas Co.
#12 - 2017-07-11 00:30:53 UTC
So wormholes are basically just manufacturing operations or ratting for blue loot isk wise. It would be interesting to see if smaller operations use the services tho especially exploration. Any opinion on a reasonable buyback percent?
Jack Miton
School of Applied Knowledge
Caldari State
#13 - 2017-07-12 13:01:38 UTC  |  Edited by: Jack Miton
D Rack wrote:
So wormholes are basically just manufacturing operations or ratting for blue loot isk wise.

For isk making, yes. what else do you expect to do there?

There is no Bob.

Stuck In Here With Me:  http://sihwm.blogspot.com.au/

Down the Pipe:  http://feeds.feedburner.com/CloakyScout

D Rack
Gas Co.
#14 - 2017-07-12 22:48:15 UTC
Jack Miton wrote:
D Rack wrote:
So wormholes are basically just manufacturing operations or ratting for blue loot isk wise.

For isk making, yes. what else do you expect to do there?


I expected less people moving goods from Jita to wormholes I guess. I assumed a larger part of people in wormholes would do PI and gather resources from sites to sell in Jita. Learning that resources gathered would be supplemented from goods purchased in Jita to manufacture higher value goods to sell was an eye opener for me. With an efficient goods manufacturing cycle the trips to Jita would be far less with greater isk profit so I can see how less capsuleers would use the service who use that sort of system. Your information has been quite helpful.
Haile Korhal
Professional Amateurs
#15 - 2017-07-13 23:42:57 UTC
We imported probably 5Mm3 per month raw materials into our wormhole because we're just too small to supply ourselves. So there's all kinds of operations going on of all different varieties and sizes.

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