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Luke Lor'aul
Minmatar Ship Construction Services
Ushra'Khan
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Posted - 2010.11.07 17:12:00 -
[1]
Hi, I'm new to the whole trading gig and I've found a huge problem:
Whenever I place a courier contract, someone will take it, and then immediately fail it. I've taken to setting my collaterals high enough to cover my cost or near my cost, but that just prevents people who will really complete the contracts from doing them. How can I prevent people from failing my contracts and me losing out on a good trade?
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Ruareve
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Posted - 2010.11.07 17:21:00 -
[2]
Set your collateral at 2x cost or so. Most courier contracts have pretty high collateral for what's involved. That way if people fail your contract you'll be making money.
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Vested Interest
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Posted - 2010.11.07 17:23:00 -
[3]
Edited by: Vested Interest on 07/11/2010 17:24:59
http://www.eveonline.com/ingameboard.asp?a=topic&threadID=1027598&page=1#1
Short answer: If you set your collateral correctly you shouldn't be losing out on anything. Expect that haulers will check the market value of the contents, because the game mechanics allow for that.
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Luke Lor'aul
Minmatar Ship Construction Services
Ushra'Khan
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Posted - 2010.11.07 17:24:00 -
[4]
Will people still pick them up with such high collaterals? I mean, let's say I'm moving something from Jita to Amarr. As a sane human being, I wouldn't put down 20 mill just to make 200k in return for such a long trip... But do people actually do that? I know that when I was a noob and doing courier contracts I really couldn't do such high priced couriers.
Also, is it smart to split my stacks so they weigh around 8-9km^3? or just do the full stack?
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corestwo
Goonfleet Investment Banking
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Posted - 2010.11.07 17:25:00 -
[5]
Edited by: corestwo on 07/11/2010 17:27:49
 Originally by: Luke Lor'aul
Will people still pick them up with such high collaterals? I mean, let's say I'm moving something from Jita to Amarr. As a sane human being, I wouldn't put down 20 mill just to make 200k in return for such a long trip... But do people actually do that? I know that when I was a noob and doing courier contracts I really couldn't do such high priced couriers.
Also, is it smart to split my stacks so they weigh around 8-9km^3? or just do the full stack?
As a rule, most independent shippers are not necessarily sane human beings.
And as for stack sizes, do whatever. As long as it can at least fit in a freighter, someone will pick it up.
And all that said, if you're using couriers, why are you not using Red Frog instead? :D
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Luke Lor'aul
Minmatar Ship Construction Services
Ushra'Khan
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Posted - 2010.11.07 17:28:00 -
[6]
Hmmm.. I had no idea red frog existed. I will have to use them when I start doing shipments where I can lose a couple mill on the profit..
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Scott McClellan
Forum Posters Anonymous
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Posted - 2010.11.07 17:43:00 -
[7]
Edited by: Scott McClellan on 07/11/2010 17:45:30
Originally by: Luke Lor'aul
Hmmm.. I had no idea red frog existed. I will have to use them when I start doing shipments where I can lose a couple mill on the profit..
I really don't get why everyone's so nuts about red frog. If time is critical, yeah they're pretty good, but for general purpose freight, public couriers open up a huge market for you. Also if you're not filling a freighter or using the whole 1B of collateral, you lose out in hiring a specific courier "company", since you pay for the whole truck regardless. Once you start doing that though, the cost difference isn't significant.
Set your collateral to HIGHER than market value (or your expected sell price of the item), I usually set to 1.5x or more.
Payout can be as low as 1% of collateral, maybe even lower, and people will still jump all over it.
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Monte Shill
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Posted - 2010.11.07 19:16:00 -
[8]
Quote:
Whenever I place a courier contract, someone will take it, and then immediately fail it.
You made profit. Sure, its annoying that someone keeps failing but as long as you recoup what you lost are you really loosing anything? I know of one guy several months ago in NPC corp chat that said he had a hard time selling stuff on the market, so he set courier contracts at just above market value for an item and they were flying off the shelf because everyone kept failing them thinking somone forgot a couple zeroes in the collateral. I did it once as well, I like to collect rookie ships players leave floating out in space and if its inconvinent for me to ship back to home base I set up a courier that pays 100k with 500k collateral. Someone accepted the contract within 10 minutes and failed it by opening the package, I made half a million and they got red faced for purchasing an overpriced Ibis 
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Raid'En
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Posted - 2010.11.07 19:24:00 -
[9]
never had problems with this, and i only put collateral as 110% or so.
but i'm generous on reward, so maybe it's this. i want it to be picked up quickly, so my rewards are always hight.
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** Wormhole Trading ** |
Brian Ballsack
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Posted - 2010.11.07 19:51:00 -
[10]
Set the collateral to 200 x what its worth, you would be surprised, people take courier contracts with over a billion ISK collateral and only a few hundred thousand reward.
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Promonrah
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Posted - 2010.11.07 21:39:00 -
[11]
Use Red frog Freight service, they always seem to get the job done
red-frog.org
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Lederstrumpf
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Posted - 2010.11.08 03:18:00 -
[12]
Edited by: Lederstrumpf on 08/11/2010 03:20:08
Originally by: Luke Lor'aul
Whenever I place a courier contract, someone will take it, and then immediately fail it.
Congrats! You found a way to sell stuff!
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Bath Sheeba
Gallente
Another Success Story
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Posted - 2010.11.08 17:01:00 -
[13]
i usually set my collateral to Base cost + Profit expected.
So if the cargo drops, I can take a week off of my industrial stuff.
Lost a couple that way, it was nice to get a paid vacation.
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Voogru
Gallente
Massive Damage
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Posted - 2010.11.10 09:29:00 -
[14]
I remember setting collateral of like 2 billion with a reward of like 5 mil.
People snapped them up quickly.
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Nikolai Kondratiev
Sphere Design Inc.
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Posted - 2010.11.10 11:05:00 -
[15]
I round up collateral 10-20% above what I expect to sell the stuff for, and try to split packages when value gets too high.
For rewards, something like 0.01-0.05% of collateral works fine for industrial-size packages. For freighter size you can be more generous and go up to 0.1-0.5% 
Also I wouldn't use Red Frog or any similar services unless you want stuff to go from a lost system to another lost system and have it done "quickly". For stuff going in or out of trade hubs, you'll get it picked 2 times faster of public contracts for 1/3rd of the price.
_
Mining Crystal BPOs
Angel Ships |
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Chribba
Otherworld Enterprises
Otherworld Empire
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Posted - 2010.11.10 13:07:00 -
[16]
The serious runners usually pick it up even with higher collateral, I usually double/triple the collateral because of the pain they caue by failing it so I at least get something for them "stealing" my items.
As long as the reward it good enough pilots usually get it done pretty quickly. So imo better than using the "base" collateral - set the collateral to whatever the items are worth to you. So regardless if it's a module costing 10m to buy if the transport is worth 50m to you - then set that as collateral, if they then happen to fail it, you could buy 5 new items.
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