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Tuesday, 27 March 2012

To Frog or not to Frog

Posted on 22:00 by Unknown
I was very dismissive with outside Courier Contracts where you hire other people to haul for you. Moving your assets is a key thing in trading and I believed that you must do it on your own. I'm not so restrictive now and see reasons when it's better to just hire outside haulers.

The main hauler for hire force in EVE is the Red Frog Freight. I'm using their service now with mixed results. But before I discuss the results, a little know-how how to set up a contract. It starts with right-clicking an item and choosing "create contract", then you get the interface:
The list on the third page comes up when you type part of the destination station into the proper field and press search.

You can review your contract using the menu:

Now the results: shall you use outside hauler or not? One jump costs 350K for Red Frog and picking up is 500K. Assuming 10 jumps average distance, you pay 400K for every jump. A jump takes about a minute, so you are paying 24M/hour for the service, money that you could keep if you'd haul yourself. Of course "hauling yourself" is not without costs, you must learn skills (about 10 days after you got your industrial ship which you probably will do anyway), and a freighter costs 1.2B. You must haul 50 hours to regain just your investment.

But the reason why I will get my own freighter for sure and stop using RF in the moment I do is time. If you trade well, your capital has a very fast rotation. Every ISK I invest today will worth about 1.05 tomorrow. 5.4 billion% yearly interest rate? Yes please! Of course it's just in the phase while you are capital-limited, you can't upkeep that rate forever as you reach the point when your time or simply the market demand for your items limit you and no amount of capital will increase your income. However this limit is in the range of hundred billions, until then you can count with the 5% daily profit.

Yesterday these nice frog people sat on my 1-jump transport whole day. 0.5B items were waiting for them to get it to Jita for sale. That's 0.5B I couldn't spend on buying items to resale. 25M profit lost on this one damn jump. I could haul it myself in 2 minutes if I had my Charon. 750M ISK/hour.

So outside couriers are not the evil, using them doesn't make you a trading failure (like my "I pay 10M for a lvl 3 security mission" offers make me a combat failure). But having to rely on them is a serious profit loss. If you play trading seriously, having your own freighter is a must. You can still pay others to haul some high-volume low value thing, like 1B tritanium but you must be able to do it yourself when you need it instead of waiting for days until they do it for you.

However until you have your freighter, Couriers are your only choice to participate in the large-volume business.


Business report: Buy+sell+cash+materials being manufactured: 2.2B (0.4B gift, I gave 0.1B to my girlfriend. I'll gift away the gifts I got). After discussions and some player advices I added Amarr Cruiser V to my perception-willpower remap, to be able to fly an armor logistics. That increases the length of that remap to 160 days. 5 months and a week. The time scale of this game is insane compared to other games.
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