Have any of you encountered (or created) a standardized formula for pricing Blueprint Copies?
The market (via Contracts) at least suggests a baseline for pricing, but I was hoping to use some kind of formula that takes into account a copy’s ME and TE, as well as the average regional price for the item that can be produced by the BP copy.
For the most part BPC are dirt cheap to make, some just take time (which could be quantified into a value as well).
The biggest pricing factors that come to mind are:
ME
TE
Runs on the copy
Price of BPO copied (Not everyone can buy a Titan BPO and start making copies)
^ related to that one, but generally how long it takes to get the ME/TE of the BPC if it were a BPO
Meaning a 0/0 titan BPO anyone can throw in, but first researching the BPO and then making copies takes a bigger investment of isk and time
How many of the same ME/TE on the market
Convenience: Is it worth traveling to jita to buy them and then risk losing them getting hauled back to my building system in LS/NS? OR do I pay a higher premium because the BPC back is being sold 2 jumps away from my manufacturing plant
As far as I know there is no formula, its much like the market where it trends up/down based off people throwing up more on contract and slowly .01 isking each other in price. Much like the market you do from time to time get that person that just wants to liquidate and puts things up for dirt cheap, which skews the price of the market for a bit until those are all bought up.
Also take into account the people selling them on the Sales section of the Forum. That doesn’t translate as much into the in game prices because not everyone watches the Sales ads out of game.
I believe some of the long standing BPC pack sellers have a regular customer base that don’t shop around and always just come to them, a time built reputation goes a long way here as well.
Its a game of supply and demand and convenience.
I claim to be no expert, and I generally only deal with the BPO market and not BPC, this is what I’ve observed.
There are obviously a lot of factors. What if you looked at it like this…
The BPC has 10 runs for manufacturing widgets (a fictional item) which sells on an active market.
The materials on the open market cost 1M.
Widgets sell for 101M.
If you were going to manufacturer the widgets yourself then you would make about 1B: 10 copies X (101-1) - (fees + taxes).
This does not include the cost of time to produce. If it take one week to produce the items, is 800M for the blueprint fair (to both parties) for a profit of 200M (1B-800M) in one week for the manufacturer?
I simplified this on purpose and realize there are many other factors not considered.