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Setting courier contract rewards

Author
Janus Nightmare
Exploding Kitties
#1 - 2012-02-10 01:16:13 UTC
Being fairly new to the manufacturing side of Eve although I've been a miner since the start, I've recently run into the problem that this character isn't entirely welcome in Caldari space. I'm training an alt to fly a freighter for me, but in the meantime, I'm kind of limited to using courier contracts to move items to Jita if I want to sell them there.

What I'm wondering is, how do you set your rewards/collateral when issuing courier contracts? I've been setting my collateral price at about 15% above the cargo value or so, but have no idea what a fair per jump reward price should be. Generally my shipment size can vary from small to large, and I try to set a price that I think is fair, but I also don't want to overpay for courier services. I'd also like to have my contracts accepted within a day if I can help it, but that isn't a requirement.

TIA for your responses.
Tau Cabalander
Retirement Retreat
Working Stiffs
#2 - 2012-02-10 02:18:01 UTC  |  Edited by: Tau Cabalander
http://eve-search.com/search/courier%20contract/forum/3514

Red Frog Freight, the best-known hisec haulers in EVE, charge 500k + 350k per jump. Up to 860,000 m3
https://forums.eveonline.com/default.aspx?g=posts&t=6491

However, I've read that some people are much cheaper at a flat rate of 1m or even just 10k or 20k per jump.
Janus Nightmare
Exploding Kitties
#3 - 2012-02-10 02:45:01 UTC
Tau Cabalander wrote:
http://eve-search.com/search/courier%20contract/forum/3514

Red Frog Freight, the best-known hisec haulers in EVE, charge 500k + 350k per jump. Up to 860,000 m3
https://forums.eveonline.com/default.aspx?g=posts&t=6491

However, I've read that some people are much cheaper at a flat rate of 1m or even just 10k or 20k per jump.


Yeah, that seems like a lot. I've been splitting my shipments up into about 50Km3 or less depending on what it is, and paying about 35K per jump or so, more if it's a long haul. Red Frog seems extremely expensive for my tastes, but I might give them a go with my more valuable cargo.

Oh, and thanks for the search link, but I tried that it and it didn't really answer my questions, thus the post here.
Dr Caymus
Applied Technologies Inc
Agents of Fortune
#4 - 2012-02-10 02:46:04 UTC
If you're shipping stuff into Jita IV-4 and you don't need it there in a hurry, you can get your goods moved very economically. People are flying into Jita from all remote locations on a regular basis to stock up on stuff they need. As long as they are going there anyway, they may as well make a few ISK on the way by carrying in a courier package. We regularly write courier contracts for as low as 10 ISK per m3 or less from hi-sec points of origin into Jita IV-4, with 7 day contract duration and offering 3 day delivery terms, and have a 95% acceptance rate. It's amazing what people will haul. I've seen small parcels move several jumps for just 10,000 to 15,000 ISK in reward.

It's always a good idea to place a collateral value of at least 15% over the actual value of the goods. Shippers routinely review the contents of your parcel. While flying, they'll pass the time by valuing the contents, and if the collateral is undervalued they'll crack the container and keep the goods. Nothing personal, its just business.
Alyssa SaintCroix
Leihkasse Stammheim
#5 - 2012-02-10 02:49:20 UTC
As someone who takes advantage of the services Red Frog provides, it seems like a lot at first, but the convenience of not having to do 20-30 jumps into Jita 4-4, 11-12mil isk is a very small price to pay some times.
Janus Nightmare
Exploding Kitties
#6 - 2012-02-10 02:57:07 UTC
Thanks everyone. As I'm not yet skilled enough to make huge profits, even 10 mil for hauling is pretty steep for me right now, although if my cunning, well-though-out, masterminded genius-level plan works out that won't be such a big deal for too long. But good thought about the collateral.

I guess I'll just keep basing it on the size of my cargo and if it's worth it to use Red Frog I will, otherwise, I'll see what people will pay on a public contract.

Again, thanks for the input :)
Ajita al Tchar
Doomheim
#7 - 2012-02-10 04:42:59 UTC
Janus Nightmare wrote:
Thanks everyone. As I'm not yet skilled enough to make huge profits, even 10 mil for hauling is pretty steep for me right now, although if my cunning, well-though-out, masterminded genius-level plan works out that won't be such a big deal for too long. But good thought about the collateral.

I guess I'll just keep basing it on the size of my cargo and if it's worth it to use Red Frog I will, otherwise, I'll see what people will pay on a public contract.

Again, thanks for the input :)


By the way, when you do get an alt into a freighter, you'll see why someone who hauls for a living might charge as much as Red Frog does, those are reasonable rates especially if you have packages of several hundred cubic meters to contract. Running a freighter that has some spare room and accepting a cheap courier contract just because it's for a destination along the way is one thing, flying a freighter to make money is something else Smile Warp speed of under 1a/u, plus the time it takes to enter warp if you're not using a friendly webber and if you aren't maxed out for agility (including Nomads), times however many jumps, it starts to add up to quite a bit of time.

I myself have accepted courier contracts for little reward when it was on my way and didn't get in the way of my own cargo. Why not, it can be easier than searching for stuff you can buy locally to sell for profit somewhere on the way.
Eisengans
Royal Amarr Institute
Amarr Empire
#8 - 2012-02-10 12:11:24 UTC  |  Edited by: Eisengans
Janus Nightmare wrote:
Thanks everyone. As I'm not yet skilled enough to make huge profits, even 10 mil for hauling is pretty steep for me right now, although if my cunning, well-though-out, masterminded genius-level plan works out that won't be such a big deal for too long. But good thought about the collateral.


And intend to skill and buy a freighter? Do the math and calculate how long you can set up courier contracts until this might get paid ;-) I have decided not to skill and buy freighter, I am doing everything with Orca or if I'm lazy (which happens quite often Lol) by courier contracts.

Investing this 1B ISK in a standard, trustworthy financial bond it will give you a net income of 50M+ per month! If you invest this 1B ISK into production ... guess you get the point Blink
Steve Ronuken
Fuzzwork Enterprises
Vote Steve Ronuken for CSM
#9 - 2012-02-10 15:50:12 UTC
Janus Nightmare wrote:
Tau Cabalander wrote:
http://eve-search.com/search/courier%20contract/forum/3514

Red Frog Freight, the best-known hisec haulers in EVE, charge 500k + 350k per jump. Up to 860,000 m3
https://forums.eveonline.com/default.aspx?g=posts&t=6491

However, I've read that some people are much cheaper at a flat rate of 1m or even just 10k or 20k per jump.


Yeah, that seems like a lot. I've been splitting my shipments up into about 50Km3 or less depending on what it is, and paying about 35K per jump or so, more if it's a long haul. Red Frog seems extremely expensive for my tastes, but I might give them a go with my more valuable cargo.

Oh, and thanks for the search link, but I tried that it and it didn't really answer my questions, thus the post here.


50,000 M3 at 35,000 a jump. or 500,000 at 350,000 a jump.
860,000 M3 at 350,000 a jump. (with a base of 500,000, or 2 jumps worth.)

Sounds like Red Frog are cheaper to me Blink As long as you're moving huge amounts at a time.

Woo! CSM XI!

Fuzzwork Enterprises

Twitter: @fuzzysteve on Twitter

Jacob Lyon Chieve
Sanguis Mortem Industrial
#10 - 2012-02-10 16:35:47 UTC
You might want to look into Push Industries as well. We use them all the time to move our Ore to the proper processing hub. In just 8 hours of mining, we have enough to fill the 860,000 m³ maximum. It's then hauled all of 6 jumps for a total sum of 2,400,000 ISK. Chump change, really, considering the cargo is probably worth around 350-400mil. We figure it into our operating costs so we don't end up taking it out of our own pockets.

Need to know how much ore to mine in order to yield a certain order of minerals? https://forums.eveonline.com/default.aspx?g=posts&t=67477 It will even calculate how long you can expect for it to take!

Scrapyard Bob
EVE University
Ivy League
#11 - 2012-02-10 19:48:57 UTC
If your public courier contracts are not getting moved in a timely fashion, then either:

- You're offering too little per jump/trip
- The collateral is out of reach or nobody wants to risk that much
- You live in the back end of nowhere
- The cargo size is larger then what the average shipper can carry

For small contracts, keep the size under 25k m3 and less then 30-50M ISK. Otherwise T1 industrial pilots won't be able to carry it. Or try to stay under 40k m3 for very high value contracts, so that they can be shoved inside an Orca. Once you get above 70k m3, you're generally looking at freighters to move your stuff (some Orca pilots will carry 75-90k m3 packages, but it reduces their tank quite a bit and makes them nervous).

The really big contracts (over 900k m3) require a very highly skilled freighter pilot, using either a Charon or Obelisk. Don't go over 860k m3 if possible. See the following for a link of where the various T1 freighters top out at based on the pilot's skill level:

http://wiki.eveuniversity.org/Hauling#Freighters

ISK/jump varies. As Ajita says, while you might get something moved in a freighter for 20-50k ISK/jump, it usually only happens if the freighter pilot is going that direction anyway. If you're in the middle of nowhere, more then 3-4 jumps away from a major trade hub, expect to have to offer a lot more (100-200k/jump) to get a freighter pilot interested.

Keep collateral under 1B ISK for freighters / orcas, and you'll generally get it moved more often via public contracts. Packages with 2+ billion ISK collateral take longer to move and are a lot riskier for the hauler. Go with one of the "known" hauling corps and make arrangements in advance. You'll pay extra for high collateral.

And, for the times when you absolutely need it moved, within a definite time frame of a few days - go with PUSH, Red Frog, or one of the many other dedicated hauling corps.

(One way to keep RF/PUSH rates from eating your profit is to always ship at least 750M ISK per trip, rather then shipping 100M here, 200M there.)
Kailee Athonille
Naval Defence Academy
Naval Defence Alliance
#12 - 2012-02-10 20:15:41 UTC
We at Mystic Knights would be happy to handle your cargo for you.
Please contact myself or Zordek for quotes, or you can set up a contract for us to take care of.

Thank you,

Kailee
Tau Cabalander
Retirement Retreat
Working Stiffs
#13 - 2012-02-11 00:24:17 UTC
Janus Nightmare wrote:
Tau Cabalander wrote:
http://eve-search.com/search/courier contract/forum/3514
Oh, and thanks for the search link, but I tried that it and it didn't really answer my questions, thus the post here.

Random threads that found via Google may be relevant:

What are acceptable courier contract hauling rates?
Courier contract questions
courier contract pricing?
Courier reward thoughts
Courier contracts cost.
Brittany Harpoon
The Scope
Gallente Federation
#14 - 2012-02-11 05:24:13 UTC
Also take into account you are paying for them to get to the pickup as well as the haul. I have done a few freighter runs for friends at times, I dont think you could pay me enough to do it. I could be making way more isk per hour doing lvl 4 than I would hauling

Alyssa SaintCroix
Leihkasse Stammheim
#15 - 2012-02-11 06:52:04 UTC
Brittany Harpoon wrote:
Also take into account you are paying for them to get to the pickup as well as the haul. I have done a few freighter runs for friends at times, I dont think you could pay me enough to do it. I could be making way more isk per hour doing lvl 4 than I would hauling



While very true, I like to believe that some freighter pilots out there in space are much like the truck drivers we have and rely on in real life. While there might be some that do it solely for the money there are those out there that enjoy driving the trucks and the satisfaction that comes from knowing you're part of something much bigger.

The minerals you move today, might be part of the ship you buy next week.
Arpad Elo
Federal Navy Academy
Gallente Federation
#16 - 2012-02-13 15:49:35 UTC
Dumb question, but if you attack and orca and kill it, do the items in the corp hangar drop?
Steve Ronuken
Fuzzwork Enterprises
Vote Steve Ronuken for CSM
#17 - 2012-02-13 17:11:51 UTC
Arpad Elo wrote:
Dumb question, but if you attack and orca and kill it, do the items in the corp hangar drop?


Nope.

And if it's not changed in the last few months, the corp bay is unscannable, too.

Woo! CSM XI!

Fuzzwork Enterprises

Twitter: @fuzzysteve on Twitter

Scrapyard Bob
EVE University
Ivy League
#18 - 2012-02-13 17:51:20 UTC
Orca:
- Customs NPCs can see everything
- Stuff in the ship bay, the ore bay and the corp hangar will not drop as loot
- Ship bay, ore bay, corp hangar is immune to the cargo scanner used by players
- Only the regular cargohold is scannable / loot pinata-able
Cyniac
Federal Navy Academy
Gallente Federation
#19 - 2012-02-14 19:49:08 UTC
Janus Nightmare wrote:
Yeah, that seems like a lot. I've been splitting my shipments up into about 50Km3 or less depending on what it is,



50k is a very bad size for a courier - it's too big to fit into any of the industrials which means you need a freighter or an orca to move the thing around, but in a freighter that leaves a mostly empty cargohold.

If you can I'd suggest while you have such small sizes to break things down to mammoth size or so - (27k m3 or less) as that would allow more haulers to accept your contract. (you may want to check industrial hauling sizes)

You will see in the long run that filling up freighters and moving stuff out in bulk is the best way to go.
Emma Royd
Maddled Gommerils
#20 - 2012-02-14 20:28:36 UTC
Janus Nightmare wrote:

Yeah, that seems like a lot. I've been splitting my shipments up into about 50Km3 or less depending on what it is, and paying about 35K per jump or so, more if it's a long haul. Red Frog seems extremely expensive for my tastes, but I might give them a go with my more valuable cargo.

Oh, and thanks for the search link, but I tried that it and it didn't really answer my questions, thus the post here.


It seems like a lot unless you're the hauler flying the freighter for them.

let's assume a 10 jump courier from say Hurtoken to Olo, at 400k per jump, and maybe around 3 mins per jump, not including the dock/undock

The Freighter pilot has to get to your pickup location first, and then find their way to the next courier pickup from your drop-off location. Even if it's just a few jumps either side, they're getting 4 million isk, for something that will probably take an hour to do.

I dare say that if you are busy with lots of smaller courier contracts that happen to be close together then you could make half reasonable isk, but there's a lot of ifs and buts there. Freighter pilot courier work seems to be pretty low paid to me for the time taken, the money invested in the ship etc.

For smaller work, there's people out there that do that kind of stuff at better rates, but personally I think 400k per jump in a freighter is a bargain, think of the time saved by you not hauling 850k+ of stuff in an Iteron V P


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