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The CTP Store -- Need your input on transaction pricing
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Author:  zapbrannigan [ Fri Aug 26, 2011 6:21 am ]
Post subject:  The CTP Store -- Need your input on transaction pricing
Hey everyone, need your input!

The CTP Store was created to provide you with a place to trade your CTP for Ku or vice versa. We originally opened with a 10% charge on CTP purchases, but we found that many players thought it was too much. Some didn't mind, but those that did mind were very vocal, and we listened. We switched to a free service, hoping that tips would sustain us, but unfortunately they're few and far in between. We're losing money and thus, the desire to continue providing the service.

It has been suggested that a 5% handling fee for all transactions would be fair. This fee would allow us to sustain the service and expand our resources by about 200-500 CTP per week. My question is: Do you think it's fair. Why or why not?

Thanks very much in advance for your input.
Author:  DarthRavadge [ Fri Aug 26, 2011 11:45 am ]
Post subject:  Re: The CTP Store -- Need your input on transaction pricing
I think this service is unnecessary. There are many trading groups out there already that don't charge a fee at all. Nobody wants to pay taxes when they can get equal trades elsewhere.
Author:  zapbrannigan [ Fri Aug 26, 2011 5:55 pm ]
Post subject:  Re: The CTP Store -- Need your input on transaction pricing
DarthRavage thanks for your input. One more question for you: Considering that we ca handle very large CTP orders (10k-50k CTP), is the service really irrelevant? Collecting that much CTP can be a huge burden..
Author:  Alz [ Sat Aug 27, 2011 2:16 pm ]
Post subject:  Re: The CTP Store -- Need your input on transaction pricing
Perhaps say a 1% fee? and instead of in the form of paying extra its you get 1% less? example I buy 100 CTP I pay you 1000 KU, I get 99 CTP?

Alternativly maybe a flat rate instead of a % fee? I pay you 1 KU per transaction reguardless of volume?
Author:  zapbrannigan [ Sat Aug 27, 2011 11:04 pm ]
Post subject:  Re: The CTP Store -- Need your input on transaction pricing
Alz I appreciate your suggestions thank you, my thoughts below:

Quote:
Perhaps say a 1% fee?


It's just not enough to make me not want to go watch Dr. Who instead. :)

Quote:
and instead of in the form of paying extra its you get 1% less?


Interesting thought, but most people have an exact amount of CTP they want. This way, you have to do your own math. The other way, I do the math for you; easier and less confusing.

Quote:
Alternativly maybe a flat rate instead of a % fee?


What do you think would be a fair flat price?
Author:  Alz [ Sun Aug 28, 2011 3:28 am ]
Post subject:  Re: The CTP Store -- Need your input on transaction pricing
Think of this like your an ATM so maybe chargeing like 10-20 KU per transaction (and do your transaction in bulk) you will be roling in it ?
Author:  xaionc [ Sun Aug 28, 2011 3:53 am ]
Post subject:  Re: The CTP Store -- Need your input on transaction pricing
Alz wrote:
Think of this like your an ATM so maybe chargeing like 10-20 KU per transaction (and do your transaction in bulk) you will be roling in it ?


I agree with the flat rate but i would say 10-15 KU Just Cuz im a lower Rank and i might just have enough to get it + the rate cost :mrgreen:
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