How To Get Rich - Merchanting Guide
Malice Black
Spamming in local = loser
Even worse is people who spam in guild/alliance chat <~~that will make me leave a guild in an instant.
Even worse is people who spam in guild/alliance chat <~~that will make me leave a guild in an instant.
xRustyx
Quote:
You can just copy and paste all my posts if you want any of it or I can delete them as you said you will update the guide. |
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I apologize if I may have sounded rude in my previous posts, that was not my intention.
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oHcHeese
Very nice guide, had a few good laughs too.
I just started trading, and this guide has helped me quite a bit so far
Never knew about la American dis 1 , but I'm definitely gonna set up a mule on american disctricts and get a character run over there.
Looking forward to the next guide ! ( Good thing I'm in the [dark] alliance , we got alot of merchants there, can always ask for help ^^ )
I just started trading, and this guide has helped me quite a bit so far
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Looking forward to the next guide ! ( Good thing I'm in the [dark] alliance , we got alot of merchants there, can always ask for help ^^ )
=HT=Ingram
This is just my opinion here , but the should just have a trade town. no quests no missions nothing but traders... Then the spam in LA 1 and such would possibly be bearable... But my goodness the stuff they try to sell anymore... Its even worse in Ascalon, with the n00blettes trying to sucker the people coming into the real game for the first time. I'm sorry but most of the stuff being traded are easily attainable from collectors crafters or a simpile boss farm later in the game. I try to explain that in detail to EVERY NEW PLAYER to the game I see... and tell them to avoid trades of ANY KIND, unless they personally know the players or are guildies with them. This does not mean they too will not scam you, but more often then not they will be more reasonable then a stranger will be...
Generally if I have a new player I take under my wing the first thing I do is see what class they are using and either go get them a max collector weapon (20/20) and offhand +12 and mods , or I go craft them some 5k weapons in Factions or nightfall... to give them in Ascalon... then tell them Thats good stuff to customize and use, but basically worthless. Those should be your basis from then on... anything better keep, Greens golds, check around and either keep or drop it on the inflation market(if they like that kind of thing), anything else sell to merchant NPC for the gold... Don't waste money. Before long they are well on their way to the desert for free collector max armor at first, and then later whatever they want... I push them towards the Kourna 1k armors cause they are max and cheap and customizable.. But not forcefully. in the end the new player is well on their way to 500k+ and a well stocked materials storage by the time they finish one or two chapters because they didn't waste their gold. Then they can get ANYTHING they want really... Or start farming like the millions of others... sheesh...
Once 1 character is through to the end game areas and has access to collectors and armories... hell your basically set for your entire account... no hand holding ever needed again... thats all it takes is 1 character. and your set.
That's why I never understand the drive for all the spam selling... the entire meta game of merchandising seems pointless once you have 1 character at the end. All people market really is a skin. nothing more... not really. not when you can mod your weapons to whatever you want now... I just don't and never will get it the attraction of scamming the less fortunate.
Generally if I have a new player I take under my wing the first thing I do is see what class they are using and either go get them a max collector weapon (20/20) and offhand +12 and mods , or I go craft them some 5k weapons in Factions or nightfall... to give them in Ascalon... then tell them Thats good stuff to customize and use, but basically worthless. Those should be your basis from then on... anything better keep, Greens golds, check around and either keep or drop it on the inflation market(if they like that kind of thing), anything else sell to merchant NPC for the gold... Don't waste money. Before long they are well on their way to the desert for free collector max armor at first, and then later whatever they want... I push them towards the Kourna 1k armors cause they are max and cheap and customizable.. But not forcefully. in the end the new player is well on their way to 500k+ and a well stocked materials storage by the time they finish one or two chapters because they didn't waste their gold. Then they can get ANYTHING they want really... Or start farming like the millions of others... sheesh...
Once 1 character is through to the end game areas and has access to collectors and armories... hell your basically set for your entire account... no hand holding ever needed again... thats all it takes is 1 character. and your set.
That's why I never understand the drive for all the spam selling... the entire meta game of merchandising seems pointless once you have 1 character at the end. All people market really is a skin. nothing more... not really. not when you can mod your weapons to whatever you want now... I just don't and never will get it the attraction of scamming the less fortunate.
cataphract
Quote:
Originally Posted by Malice Black
Even worse is people who spam in guild/alliance chat <~~that will make me leave a guild in an instant.
|
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Alliance chat is a useful resource when you want to sell/buy an item. But no, you do not yell "WTS Imba Item of Pwnzoring". You politely ask if someone needs equipment or materials. It helps to remind them that you will give them a discount, being your alliance mates and all. I've sold quite a few items this way and I love it for sparing me the WTS ordeal of trading districts.
Pyro maniac
Quote:
Originally Posted by cataphract
I have to disagree on this. As far as the guild is concerned - we have a policy of NOT selling stuff to each other. Items and materials are frequently given for free. Ofcourse, there are times of covert trades when high end, expensive items, are traded.
![]() Alliance chat is a useful resource when you want to sell/buy an item. But no, you do not yell "WTS Imba Item of Pwnzoring". You politely ask if someone needs equipment or materials. It helps to remind them that you will give them a discount, being your alliance mates and all. I've sold quite a few items this way and I love it for sparing me the WTS ordeal of trading districts. |
sometimes some guy starts with a storage clean-up, giving everything away what he doesn't need.
is someone looking for a cheap monk staff? in 5 secs, 3 guys are offering kepkeths, stoneweaver and yakslapper for free. Just give someone Lians Lantern back for their ele and it's fine. Got rid of my full storage this way, while getting some expensive and good weapons for free.
as for alliance: we allow to sell in the chat for 1 hour per day. This way the chat can be used for selling, but not all the time.
BenjZee
Quote:
Originally Posted by ryanryanryan0310
SPEED SELLING: Sell for less and gain more
If the market value of an item is 100k just sell 80-90k. I usually sell my items 10-15 percent less than market value. You'll usually see the same people everyday trying to get that extra 10-15k, while you selling multiple items. Also remember the market changes real fast. One week an item will worth thousands the next week it's worth 50% less. ----------------- I'm not rich cause I have a problem of buying too much items and customizing them, then never use them. It's just like RL.... ![]() ![]() |
I like this point, alot of people spend about an hour trying to sell something for the full price and end up not selling it at all. If you sell everything cheaper, you will therefore sell it quickly and spend your time doing something else
=HT=Ingram
Now I am just talking ou loud here.. the other thing I would love is a place in our guild hall, JUST FOR OUR GUILDIES, Not the alliance. that I can go into and just dump stuff off. (Like instance dropping)
Then if anyone in my guild wants it they can loot it for what they want and do whatever... I often just want to dump some out of date golds or greens.. Stuff that useful to new people or for their heroes, whatever... But I don't want to destroy it and I certainly don't want to just sell it to a NPC for almost nothing. its actually better off being nothing at all IMO... But if I had someone to give it to great... Every once in a while the loot chamber, (armory) would be cleaned up by the leader with 1 push of a button(and a verifier) and cash in all the stuff in there to a merch for a guild fund (treasury). then that kind of stuff goes towards funding things like services and events in the guild whatever... I'm getting side tracked here... But you see what I mean. there is just too often a time that I just want to get rid of it now, i really do not care what I get for it... I just want rid of it. but I would rather it be used then just hoarded... if no one finds it useful it should just be deleted at that point...
Then if anyone in my guild wants it they can loot it for what they want and do whatever... I often just want to dump some out of date golds or greens.. Stuff that useful to new people or for their heroes, whatever... But I don't want to destroy it and I certainly don't want to just sell it to a NPC for almost nothing. its actually better off being nothing at all IMO... But if I had someone to give it to great... Every once in a while the loot chamber, (armory) would be cleaned up by the leader with 1 push of a button(and a verifier) and cash in all the stuff in there to a merch for a guild fund (treasury). then that kind of stuff goes towards funding things like services and events in the guild whatever... I'm getting side tracked here... But you see what I mean. there is just too often a time that I just want to get rid of it now, i really do not care what I get for it... I just want rid of it. but I would rather it be used then just hoarded... if no one finds it useful it should just be deleted at that point...
Jeremy Untouchable
i cleaned out all my mules and merched everything, made 11k in just junk. got a mule full of ID kits and Salvage kits, stored all my dyes in one spot, I had 3 blacks in 3 differnt places...what i'm trying to say is: Keep an orderly mule and selling things is easyer PS:assassins make great mules
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xRustyx
Sorry for the delay in the next guide being published, real life commitments have been mashing me in the face.
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Arillyn Lifewind
Ok, but how do we know what something we have is worth? For instance I have been doing Shiverpeek chest runs the last few days and have my storage full of gold items. But... I have no idea what the value is, for example I today I looted an ankh of something or another with +10 energy and +30 health? or a chakram that was told was worth alot, but also told is merchant fodder.... anyone know where I can find a good gold price guide? Or help me out even a little?
Most people I talk to on the game are pretty evil. I've been playing for about 3 days, got 1 lvl 20, and 2 lvl 10's I'm working on still in pre.
Thanks in advance
Most people I talk to on the game are pretty evil. I've been playing for about 3 days, got 1 lvl 20, and 2 lvl 10's I'm working on still in pre.
Thanks in advance
Milennin
Might want to check out the price check forum?=P
malko050987
I lack the patience for merchanting (in-game, I mean, the guru trade forum rocks) but I often stand in Droks and read the trade chat. There's usually someone there that wants something I have, and I let them know 
For small stuff, like dyes (not white/black) and materials (common, and steel), I just post a few lines of "WTB this and that" and someone will have it, and I'll get it at a price lower than the merchant. Since I'm usually poor, this helps. ^_^
As far as common guild storage goes... having one would rock.
Or have a designated guild merchant. You get a gold you don't need, give it to him, he sells it, gives them money to guild leader who adds something to the guild. That would take an established guild with members who trust each other, though.
Or take people who have empty char spaces. Create a couple mules, fill them to the brim with golds, and when the limit is reached, merchant it and use the money to help the newbies in the guild or improve the guild. Again, this needs a guild with people who know each other well and trust each other.
Good tips so far, will be reading this thread.
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For small stuff, like dyes (not white/black) and materials (common, and steel), I just post a few lines of "WTB this and that" and someone will have it, and I'll get it at a price lower than the merchant. Since I'm usually poor, this helps. ^_^
As far as common guild storage goes... having one would rock.
Or have a designated guild merchant. You get a gold you don't need, give it to him, he sells it, gives them money to guild leader who adds something to the guild. That would take an established guild with members who trust each other, though.
Or take people who have empty char spaces. Create a couple mules, fill them to the brim with golds, and when the limit is reached, merchant it and use the money to help the newbies in the guild or improve the guild. Again, this needs a guild with people who know each other well and trust each other.
Good tips so far, will be reading this thread.
sporific
Still gonna work on this? Not to rush you or anything but I'm just wondering because it has been a while.
Thanks
Thanks
Seffapotamus
The condy joke was hillarious.
Keep it up
Keep it up
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Melody Cross
Quote:
Originally Posted by xRustyx
Whether I encourage it or not is irrelevant, because everyone spams it anyway.
![]() ----- This is a very general and simplistic guide, but as I go on with more guides it will get a lot more sophisicated, so tell your friends to keep an eye out! We will really start to explore every tip, trick, nook & cranny of merchanting. |
If its a hard to find item, I wouldn't be look through local anyway. I come here and use the auction house.
Do like me if you don't like All chat spammers. Don't buy from them ever!
Spazzer
You can get all self righteous about people selling in all chat--or you can pressure arenanet to make a real solution for character to character trade.
They have said multiple times that they encourage player trade, and have even given us a loot scaling update backed with the arguement that solo farmers can make money by selling items to other players. However, advertising wares in a system where everyone has to be a hawker is just begging for people to abuse the "chat system", if you can call it that.
They have said multiple times that they encourage player trade, and have even given us a loot scaling update backed with the arguement that solo farmers can make money by selling items to other players. However, advertising wares in a system where everyone has to be a hawker is just begging for people to abuse the "chat system", if you can call it that.
Thom Bangalter
Quote:
Originally Posted by Spazzer
You can get all self righteous about people selling in all chat--or you can pressure arenanet to make a real solution for character to character trade.
They have said multiple times that they encourage player trade, and have even given us a loot scaling update backed with the arguement that solo farmers can make money by selling items to other players. However, advertising wares in a system where everyone has to be a hawker is just begging for people to abuse the "chat system", if you can call it that. |
Oblivion99
Well, I've been trading for a while...
I'm not one of the best traders out there(see Akh or Herb, Malice and a few others), but I know what I'm doing.
To me, unless u are buying to keep and customize, you have to have a special mentality while trading.
Thinking Like A Trader (AKA greedy bastard)
You DONT BUY ANYTHING, unless you know, and you have to know the market at all times, that the item you are buying can get you at least 50k net gain with minimal to no effort. The higher status you get, the more this inscreases(I for instance, dont buy anything over 100k to resell unless I can make 100k profit very easily, unless of course I'm keeping
). This DOES NOT mean you lie to people about the value of an item. You can get good deals without lieing. Simply give your offer, if they accept, good, if they don't, then deal with it, AND LEAVE IT AT THAT. But, ofc, if the listed price is great, don't waste time, grab it up right away.
People will try to make up BS to you all the time, but NEVER believe anyone about the value of an item except yourself or people you know you can trust about the prices of an item.DO NOT spend 100k on an item when you know its worth 100k +5-10 e tops and plan on to resell. Time is money, and an hour - 5 hours wasted on spam to make 50k could've landed you 500k profit with the same amount of effort if you managed your money better.
Customer/Supplier Relationship
Like said earlier in this thread, the relationship a supplier has with his/her customers is another very important aspect of trading. A good relationship means good trading. There are a few rules I believe are vital:
1. Answer all questions- answer any question the buyer has, and be truthful as much as possible. You can bend the truth if needed, but people, especially smarter traders, will gladly go to someone else to buy if you bend it too much. People respect and like honesty, so try to give them what they want.
2. Be nice- no matter how the buyer acts, try to be as nice as you can. remember your manners! ty, np, a good hello, anything positive that makes that person more comfortable is a great way to build a good relationship between the buyer/supplier.
3. Be reasonable- if you know an item is worth 100k + 30 e, and someone rlly wants your item, tell them the price is 100k + 30 e, maybe a bit more if the supply is up or if the person needs the item quickly. Don't be idiotic and try to sell a req 9 13% stance purple crystalline for 100k + 200 e.
4. Keep it perfessional- unless you are having a very bad day, keep it together and try to act as professional as possible. You are a virtual business man, try to act like it.
5. Dont lose your cool- there are absolute idiots in GW, as well as everywhere else in the world. deal with them in a good manner, if they become annoying, ignore them. Sometimes you will get pissed and have to respond, but always try your best not to lower yourself to their lvl.
Those are some of my ideas for the game of trading. Don't get me wrong, I am far from a perfect trader. But, when I follow these rules I made for myself, which I follow 95% of the time(no one is perfect), I am much more successful at trading then just plain swap-and-spam trading that occurs so often in GW today.
It can sometimes be annoying, yes, but when you work hard and make a sale, especially on good terms, you feel spectacular, there is no other way to describe it.
Edit: Forgot to add that I think all pts made so far have been pretty good, and that the original post imo was quite witty and enjoyable. However, i just wanted to put my own 2 cents in, just for fun
I'm not one of the best traders out there(see Akh or Herb, Malice and a few others), but I know what I'm doing.
To me, unless u are buying to keep and customize, you have to have a special mentality while trading.
Thinking Like A Trader (AKA greedy bastard)
You DONT BUY ANYTHING, unless you know, and you have to know the market at all times, that the item you are buying can get you at least 50k net gain with minimal to no effort. The higher status you get, the more this inscreases(I for instance, dont buy anything over 100k to resell unless I can make 100k profit very easily, unless of course I'm keeping

People will try to make up BS to you all the time, but NEVER believe anyone about the value of an item except yourself or people you know you can trust about the prices of an item.DO NOT spend 100k on an item when you know its worth 100k +5-10 e tops and plan on to resell. Time is money, and an hour - 5 hours wasted on spam to make 50k could've landed you 500k profit with the same amount of effort if you managed your money better.
Customer/Supplier Relationship
Like said earlier in this thread, the relationship a supplier has with his/her customers is another very important aspect of trading. A good relationship means good trading. There are a few rules I believe are vital:
1. Answer all questions- answer any question the buyer has, and be truthful as much as possible. You can bend the truth if needed, but people, especially smarter traders, will gladly go to someone else to buy if you bend it too much. People respect and like honesty, so try to give them what they want.
2. Be nice- no matter how the buyer acts, try to be as nice as you can. remember your manners! ty, np, a good hello, anything positive that makes that person more comfortable is a great way to build a good relationship between the buyer/supplier.
3. Be reasonable- if you know an item is worth 100k + 30 e, and someone rlly wants your item, tell them the price is 100k + 30 e, maybe a bit more if the supply is up or if the person needs the item quickly. Don't be idiotic and try to sell a req 9 13% stance purple crystalline for 100k + 200 e.
4. Keep it perfessional- unless you are having a very bad day, keep it together and try to act as professional as possible. You are a virtual business man, try to act like it.
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5. Dont lose your cool- there are absolute idiots in GW, as well as everywhere else in the world. deal with them in a good manner, if they become annoying, ignore them. Sometimes you will get pissed and have to respond, but always try your best not to lower yourself to their lvl.
Those are some of my ideas for the game of trading. Don't get me wrong, I am far from a perfect trader. But, when I follow these rules I made for myself, which I follow 95% of the time(no one is perfect), I am much more successful at trading then just plain swap-and-spam trading that occurs so often in GW today.
It can sometimes be annoying, yes, but when you work hard and make a sale, especially on good terms, you feel spectacular, there is no other way to describe it.
Edit: Forgot to add that I think all pts made so far have been pretty good, and that the original post imo was quite witty and enjoyable. However, i just wanted to put my own 2 cents in, just for fun
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TempusReborn
I think the point is well raised - Never ever buy anything unless you think you can sell it for double. We all know that a +30hp bow grip is quite rare or worse yet a +30hp staff wrapping, yet because it's such a niche market for them we have to sell them at almost nil prices (with still almost no chance of them selling) I currently have about 20 perfect mods to a selection of weapons that I just can't get rid of.
When Selling I ussually go to Kammadan but instead of spamming all chat (can any1 read much in Kammadan anyway?
) I put in the party tab. Then a quick alt -tab of GW while I go read something interesting...It easy to hear the ding of someone whispering you and it prevents the frustration feeling of watching kammadans population completly ignore you
When Buying I think it's best to have a preset budget in mind. Im currently going after the Sweet Tooth/Drunkard Title simultaneously and I never ever ever pay more than 100g per point/min (which still means Im paying 1 million per title). You have to be firm. So you've just missed out on 30 birthday cakes ...theres always more cake
The only exception to this is when people are selling a lot of items (especially if its spiked 'nog) Il still pay the 100g but Il also offer them a present as well - like a Candy Cane or something like that. Find it makes people more happy
Also I try and explain when they say "ooo go on 150g per point, thats not much" That it'll end up costing me 500k more. Empathise. You both have goals - the other guys a customer too. Tell em some sort of money making tip - wish them luck and always say that if they need anything pricing or advice etc your there to help
When Selling I ussually go to Kammadan but instead of spamming all chat (can any1 read much in Kammadan anyway?
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When Buying I think it's best to have a preset budget in mind. Im currently going after the Sweet Tooth/Drunkard Title simultaneously and I never ever ever pay more than 100g per point/min (which still means Im paying 1 million per title). You have to be firm. So you've just missed out on 30 birthday cakes ...theres always more cake
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SotiCoto
I don't approve of Rusty's way of doing things....
Key above all, I hate hate HATE WTS spammers... There is NO justification for such behaviour...
But on a slightly odd note.... neither do I agree about being constantly and consistantly polite and "professional". It just adds to an image of a person actually just being a selling machine and not something one can relate to.
Now I'm not one to sell things very often... but I've managed to sell quite a few things recently that seem rather difficult to shift... and I do it like this:
#1. Search function. Nobody uses it, but I do. The only thing I can do to encourage others to use it is to set an example... and though it hasn't done anything for me yet, I will always post the trade I'm making ON the Search function just in case. Furthermore, I will DRAW ATTENTION TO IT occasionally in the chat channels.
#2. Originality; never spam. No "WTS" ... If I have something for sale, I will type, in full words, that I have it for sale. It takes a bit longer, but it isn't as easy for people to just zone it out (it is fairly easy to ignore someone who is just spamming the same crap over and over).
#3. Avoid Pressure. If there is too much competition for messaging in Local Chat in District 1 (especially places like Kaineng Center, which seems to be THE trading capital on the European servers)... then go to District 2. Often enough there might be less people... but there is also a greater chance that a single message will go further and someone will notice.
#4. Humour. Face it... trading is boring stuff. Wasting hours trying to sell something can be a pain in the arse... Not only does it make matters more amusing if your sale-comments are humourous (often at one's own expense)... but others will pay more attention as well. Don't take yourself too seriously.... I spent most of my trading time satirising other traders and the real-life merchant trade in general. I sold most of my Byzzr's Benedictions by appealing to their sparkliness... ^_^
#5. If getting attention is tough... name-drop. It is ok to be cheekily insulting if you're not being serious about it. I have a fairly standardised tactic of watching the trade-spammers around me first.... and when I start to try and make a sale, I will select the worst of the trade spammers.... and offer up their mother for free with my sale. Sometimes it p!sses people off... but I've found it works (and helps my arsehole image too). =P ... If nothing else, mentioning the names of other characters WILL get their attention, if not that of anyone else who might happen to no them.
#6. [Warning: For the especially evil!] ~ If there are too many trade spammers soaking up the attention... attempt to drive them away. My greatest ever achievement in this respect was actually emptying Kaineng Center District 1 English of trade spam for 3 whole minutes. How did I do this? ... I told all the WTSers either that certain items sold better in X other place... or that I'd specifically seen a buyer a few minutes ago in X other place. For a few others I just got them to use the trade channel / search function instead. Two more... I just p!ssed off incessantly until they left. It worked wonders!
That is about all I've got to suggest.
I'm usually totally polite to customers... but I will do anything necessary to undermine the efforts of other traders in the vicinity... It just makes sense, even if some people would consider it "unethical"...
Key above all, I hate hate HATE WTS spammers... There is NO justification for such behaviour...
But on a slightly odd note.... neither do I agree about being constantly and consistantly polite and "professional". It just adds to an image of a person actually just being a selling machine and not something one can relate to.
Now I'm not one to sell things very often... but I've managed to sell quite a few things recently that seem rather difficult to shift... and I do it like this:
#1. Search function. Nobody uses it, but I do. The only thing I can do to encourage others to use it is to set an example... and though it hasn't done anything for me yet, I will always post the trade I'm making ON the Search function just in case. Furthermore, I will DRAW ATTENTION TO IT occasionally in the chat channels.
#2. Originality; never spam. No "WTS" ... If I have something for sale, I will type, in full words, that I have it for sale. It takes a bit longer, but it isn't as easy for people to just zone it out (it is fairly easy to ignore someone who is just spamming the same crap over and over).
#3. Avoid Pressure. If there is too much competition for messaging in Local Chat in District 1 (especially places like Kaineng Center, which seems to be THE trading capital on the European servers)... then go to District 2. Often enough there might be less people... but there is also a greater chance that a single message will go further and someone will notice.
#4. Humour. Face it... trading is boring stuff. Wasting hours trying to sell something can be a pain in the arse... Not only does it make matters more amusing if your sale-comments are humourous (often at one's own expense)... but others will pay more attention as well. Don't take yourself too seriously.... I spent most of my trading time satirising other traders and the real-life merchant trade in general. I sold most of my Byzzr's Benedictions by appealing to their sparkliness... ^_^
#5. If getting attention is tough... name-drop. It is ok to be cheekily insulting if you're not being serious about it. I have a fairly standardised tactic of watching the trade-spammers around me first.... and when I start to try and make a sale, I will select the worst of the trade spammers.... and offer up their mother for free with my sale. Sometimes it p!sses people off... but I've found it works (and helps my arsehole image too). =P ... If nothing else, mentioning the names of other characters WILL get their attention, if not that of anyone else who might happen to no them.
#6. [Warning: For the especially evil!] ~ If there are too many trade spammers soaking up the attention... attempt to drive them away. My greatest ever achievement in this respect was actually emptying Kaineng Center District 1 English of trade spam for 3 whole minutes. How did I do this? ... I told all the WTSers either that certain items sold better in X other place... or that I'd specifically seen a buyer a few minutes ago in X other place. For a few others I just got them to use the trade channel / search function instead. Two more... I just p!ssed off incessantly until they left. It worked wonders!
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That is about all I've got to suggest.
I'm usually totally polite to customers... but I will do anything necessary to undermine the efforts of other traders in the vicinity... It just makes sense, even if some people would consider it "unethical"...
fenix
Wait....so you hate people who spam WTS...but you'll insult everyone instead? Nice one.
Agyar
Quote:
Originally Posted by SotiCoto
I don't approve of Rusty's way of doing things....
Key above all, I hate hate HATE WTS spammers... There is NO justification for such behaviour... But on a slightly odd note.... neither do I agree about being constantly and consistantly polite and "professional". It just adds to an image of a person actually just being a selling machine and not something one can relate to. Now I'm not one to sell things very often... but I've managed to sell quite a few things recently that seem rather difficult to shift... and I do it like this: #1. Search function. Nobody uses it, but I do. The only thing I can do to encourage others to use it is to set an example... and though it hasn't done anything for me yet, I will always post the trade I'm making ON the Search function just in case. Furthermore, I will DRAW ATTENTION TO IT occasionally in the chat channels. #2. Originality; never spam. No "WTS" ... If I have something for sale, I will type, in full words, that I have it for sale. It takes a bit longer, but it isn't as easy for people to just zone it out (it is fairly easy to ignore someone who is just spamming the same crap over and over). #3. Avoid Pressure. If there is too much competition for messaging in Local Chat in District 1 (especially places like Kaineng Center, which seems to be THE trading capital on the European servers)... then go to District 2. Often enough there might be less people... but there is also a greater chance that a single message will go further and someone will notice. #4. Humour. Face it... trading is boring stuff. Wasting hours trying to sell something can be a pain in the arse... Not only does it make matters more amusing if your sale-comments are humourous (often at one's own expense)... but others will pay more attention as well. Don't take yourself too seriously.... I spent most of my trading time satirising other traders and the real-life merchant trade in general. I sold most of my Byzzr's Benedictions by appealing to their sparkliness... ^_^ #5. If getting attention is tough... name-drop. It is ok to be cheekily insulting if you're not being serious about it. I have a fairly standardised tactic of watching the trade-spammers around me first.... and when I start to try and make a sale, I will select the worst of the trade spammers.... and offer up their mother for free with my sale. Sometimes it p!sses people off... but I've found it works (and helps my arsehole image too). =P ... If nothing else, mentioning the names of other characters WILL get their attention, if not that of anyone else who might happen to no them. #6. [Warning: For the especially evil!] ~ If there are too many trade spammers soaking up the attention... attempt to drive them away. My greatest ever achievement in this respect was actually emptying Kaineng Center District 1 English of trade spam for 3 whole minutes. How did I do this? ... I told all the WTSers either that certain items sold better in X other place... or that I'd specifically seen a buyer a few minutes ago in X other place. For a few others I just got them to use the trade channel / search function instead. Two more... I just p!ssed off incessantly until they left. It worked wonders! ![]() That is about all I've got to suggest. I'm usually totally polite to customers... but I will do anything necessary to undermine the efforts of other traders in the vicinity... It just makes sense, even if some people would consider it "unethical"... |
The whole issue with trade spam isn't beacuse people using the trade channels and popular trade districts are retards and personally want to annoy you, it's because there's a lack of other working facilities or functions. Nice try plugging the Search function AND highlighting how you spell everything out in full words. How on earth do you manage those two at once unless you're selling wood? Please go away.
Jetdoc
Quote:
Originally Posted by Spazzer
You can get all self righteous about people selling in all chat--or you can pressure arenanet to make a real solution for character to character trade.
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brigsaz
Things that have worked for me, and I am very new to this game:
*Scan the WTB's - very little BS and they know what they want to spend. Hardly any time wasted dealing with a WTB.
*Use the name of the item you are selling, especially if its a green. Alot of people are looking for a specific green and will pm you right away if its what they are looking for.
*When asked "how much?", always start with the high side of your asking range. This gives you wiggle room if the buyer wants to haggle down a bit. I have sold some items at the price I was asking and have sold others for a few grand under what I was asking. If you're good, you will know exactly the type of person who is buying when you starting talking.
*Check their character lvl. I have had my best luck with lvl's under 18. They have an idea of what the value is of an item, and more often than not meet your asking price.
*I DO NOT POST ASKING PRICE IN CHAT. This has never worked for me. If its an item people are seeking, they will PM you for a better look or ask how much.
*Scan the WTB's - very little BS and they know what they want to spend. Hardly any time wasted dealing with a WTB.
*Use the name of the item you are selling, especially if its a green. Alot of people are looking for a specific green and will pm you right away if its what they are looking for.
*When asked "how much?", always start with the high side of your asking range. This gives you wiggle room if the buyer wants to haggle down a bit. I have sold some items at the price I was asking and have sold others for a few grand under what I was asking. If you're good, you will know exactly the type of person who is buying when you starting talking.
*Check their character lvl. I have had my best luck with lvl's under 18. They have an idea of what the value is of an item, and more often than not meet your asking price.
*I DO NOT POST ASKING PRICE IN CHAT. This has never worked for me. If its an item people are seeking, they will PM you for a better look or ask how much.
Zappa
Quote:
Originally Posted by fenix
Wait....so you hate people who spam WTS...but you'll insult everyone instead? Nice one.
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You took the words right out of my mouth.
Ah, hypocrites... ¬_¬
Thecrocodile
Quote:
Originally Posted by Ascalon Chariot
Well, everyone once in awhile when no one is talking in local chat and everyone is in trade chat, you wanna post one in Local Chat to make yours obvious(just a guess, dont flame)
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Mr. Undisclosed
Something I'm curious on how to deal with is the loads of people who ask to "see" the item. I mean if its a high end item most people who want them know what they're looking for but its jsut my point of view.
Brodie Nooch
I usually say they can "see" the item much better on the wiki than in my tiny trade window. Now this results in sales approximately 0% of the time, but honestly I've never had any of these "want to see-ers" buy anyway. Usually they oggle it, then say "nty" or "nice but i cant afford" or some nonsense like that.
Malice Black
Quote:
Originally Posted by Mr. Undisclosed
Something I'm curious on how to deal with is the loads of people who ask to "see" the item. I mean if its a high end item most people who want them know what they're looking for but its jsut my point of view.
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Example.
WTS mini mallyx 100k+xx ecto (show money before viewing)
Z-chest and HM makes most golds pretty worthless these days. Trading with normal/mid-range items is a waste of time really.
Bowstring Badass
I love the res of this thread but anyway power trading mini pets is about the only way to get money power trading now days that or torment weapons (who wants those lol).
Malice Black
Tormented items are on the down. 100K by summer.
Mini pet trading reqs money.
Mini pet trading reqs money.
fenix
Yeah, sure, you can trade minipets and make lots of cash...you just need to get that kind of cash first. Try telling a player that in order to get rich, they have to get rich... Most of the popular rare minipets are at least 200e, which isn't a small amount for a newish player, or one who just plays casually.
I made enough for FoW from just buying and selling Armbraces. Didn't take long either... I spose if I cared I'd have kept trading things to get more, but whatever.
Big tip; Even if you only make 4-5 ecto on one trade, it will add up. Just be patient. There are people who sell for 100k+10, just like there are people who buy for +20. You just need to find the ones who are okay with dropping the price down a little for you.
I made enough for FoW from just buying and selling Armbraces. Didn't take long either... I spose if I cared I'd have kept trading things to get more, but whatever.
Big tip; Even if you only make 4-5 ecto on one trade, it will add up. Just be patient. There are people who sell for 100k+10, just like there are people who buy for +20. You just need to find the ones who are okay with dropping the price down a little for you.
Siadena
Quote:
The higher your price, the less ability it is for players to pay for it. Sure, you may get lucky and find the newbie that will buy your Starter Wand for 70k, but in the long run this rule always applies. |
Most of my repeat customers that keep me on their friends list do so simply because we have a good trading relationship based off of fairness and honor.
JimmyNeutron
Quote:
Originally Posted by Eldin
IMO, ANet should implement a filter so if someone types in the "All" chat something containing the strings "WTS, WTB, WTT, sell, buy, trade" then the message doesn't go through, or automatically the message is sent through as a trade channel message. People will find ways to bypass this filter through slang and such, but half of the people who sell items by spamming in the "all" chat aren't even smart enough to try and bypass it. :P
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Ariena Najea
I used to almost exclusively power-trade for money, and back then (month or two after Factions was released) you could typically make 100% profit under an hour, with very little difficulty.
This by no means reflects the state of the current market, where you can easily spend an hour without selling a single item at cost. In my opinion purely power trading is no longer an effective way to earn money, unless you're resorting to poor practices of ripping people off. Now, I'm not saying that everyone who has had recent success selling is selling unfairly, but nowadays many of the deals happening in Kamadan, LA, etc either involve one side trying to scam the other, or one side simply charging far more than something is worth. I'm not against making a profit, I'm against poor business practices of not giving someone a fair deal. Selling someone an item that's worth 50k for 60k is fine, but don't charge 80k+ and say you're giving them the deal.
I typically sell any high-end items here on Guru, it saves the "window shopping" time that inevitably wastes time in-game, and it's far easier to find legitimate buyers. People are more informed of prices and as a whole it's easier to have a smooth trade. Low-end items whose value is no more than 2-3k (player, not trader of course) I post up in Shing Jea, Ascalon, or the Sunspear Great Hall and sell for 1k or less. Usually these items sell right away if they'll sell at all, and you can make 3-4x the profit than if you'd sold to a merchant. Furthermore, you've not only helped out a newer or poorer player but as has been stated over and over again in this thread, expanded your trading network and increasing your profit making potential. Not everything sells, but many new players love having a max purple q9 weapon with 13^50 and +23HP. It's far better than what they could find at a merchant at that point in the game, and it's cheaper than the 5k + materials that a weaponsmith later in the game will charge.
With this ideology in mind, here are all of my suggestions for selling:
Sell low-end items for a quick buck and a longterm buyer:
Sell your max purples, blues, and otherwise servicable goods to players in early parts of the game. Aim for 2-4x the merchant price depending on the item. Suggest the buyer add you to their friends list in case they need something later, or just help in the game.
Giving freebies away makes friends:
If someone is looking for a cheap max weapon, offer to get a collector item for them. Those 5 putrid cysts that you could have sold for 125g at the merchant don't net you any money right away, but that buyer is happy for a free item and will buy other things from you on the spot, or in the future.
Know when to allow window shopping:
If you're selling a rare and unique item (such as the HoD sword) anyone who can afford it likely knows what it is. When selling my HoD sword a couple months back (although I kept it in the end...) a couple people asked to see it and then complained it wasn't even max damage. Allow window shopping on everything but specific items (like a HoD sword, gemstones, materials, mods, etc...) but require that they show you the money.
Know where to sell the item:
LA may be the major selling capital of GW (you could also argue Kamadan of course) but it's only a waste of your time to try and sell daggers there. There aren't too many PvE assassins out there, and most of them are only in Factions. Sell non-core profession weapons in NF or EoTN locations. Sell unique weapons where the market isn't flooded, don't try and sell an Icy Dragon Sword in Droknar's Forge, sell it anywhere else!
Be friendly:
Never lose your temper when dealing with people, even if they're being obnoxious. Always thank the buyer for looking even if they didn't buy anything. Many people remember how friendly a seller is!
Guru versus in-game:
Some items can be worth a lot of gold, however, you need to find the right buyer for them. For example, a friend of mine has a q9 Exalted Aegis, -2 stance, +1 Death Magic 20%. Perfect for an MM using Conviction, but most players will call you a noob since it doesn't have the "all important" +30HP mod. Don't try and sell these kinds of items in-game, you'll only get heckled and you won't get a good deal. Sell items of that kind here on Guru, and sell generic items in-game.
Price range:
Don't try and sell an item for too much more than it's worth. There's nothing wrong with a profit, but trying to sell something too high will leave you both economically and morally bankrupt. A good rule is to buy about 10-20% below the price, and sell for 10% above. If people looking to buy see you're charging too much, they often won't PM you to haggle, they'll just move on and find another seller.
Integrity:
Never try and rip off another player if you intent to remain selling. Doing little tricks like shaving 500g off each purchase might seem lucrative, but it's unlikely that person or their friends will ever trade with you again. Don't pretend you're "glitched" or feign ignorance when they mention to you that you have nothing in the window. Not only are all of these dirty and poor business practices, you have a good chance to have your account banned.
Contacts:
Although some of the previous comments on the usefulness of contacts imo has been exaggerated, there are times when good contacts can make the difference between making a small profit and selling at a loss. For high-end items, keep contacts, for low-end I wouldn't bother. High-end buyers are often on the lookout for "random" high-end items and may be interested.
Maintaining inventory:
Everyone who frequently sells moderate-highly valuable items knows that people like to offer several less valuable items for what you're selling. Odds are that the sum of the prices of those items is less than that of what you're selling, and if this is the case don't bother. If they're offering more, take the time to decide what things you could use, and what could easily be sold. If you need gold, don't accept a trade which will be more difficult to sell than what you started with. An exception to this general rule is that if you're a serious seller in for the long run, you may benefit from having a few extra low-end items. If you're selling one of several swords in your inventory and someone offers a bow, consider the offer if you don't have any bows for sale as you might be able to add it on to someone's cart later.
What to show in the trade window:
I've argued with other traders on this before, but if someone asks to see something you're selling you can consider putting a couple similar items they may be interested in up as well. Some other sellers say this wastes time and annoys the buyer, but more often than not in my experiences the buyer will be interested in the other items.
Format for trade chat
Emphasis on trade chat, please don't spam in local chat. If you're planning on staying in one district for a while, write your search bulletin first. I use the following:
[S or B]| [Item] [Stats Desired or Item's Stats (sell)] PM
For trade chat I use the following:
[Selling or Buying] [Item1 Stats] | [Item2 Stats] | ... | PM
The reason for the Selling/Buying as opposed to using WTS/WTB is that not only does it not replace the smaller string size Party Search, is also sets you apart from other sellers. You want to look professional, don't use caps obnoxiously, act as if you're giving a sales pitch to a company.
------------------------------------------------------------------
I hope these tips help some people who may have been confused by the conglomerate of posts in this thread xD
This by no means reflects the state of the current market, where you can easily spend an hour without selling a single item at cost. In my opinion purely power trading is no longer an effective way to earn money, unless you're resorting to poor practices of ripping people off. Now, I'm not saying that everyone who has had recent success selling is selling unfairly, but nowadays many of the deals happening in Kamadan, LA, etc either involve one side trying to scam the other, or one side simply charging far more than something is worth. I'm not against making a profit, I'm against poor business practices of not giving someone a fair deal. Selling someone an item that's worth 50k for 60k is fine, but don't charge 80k+ and say you're giving them the deal.
I typically sell any high-end items here on Guru, it saves the "window shopping" time that inevitably wastes time in-game, and it's far easier to find legitimate buyers. People are more informed of prices and as a whole it's easier to have a smooth trade. Low-end items whose value is no more than 2-3k (player, not trader of course) I post up in Shing Jea, Ascalon, or the Sunspear Great Hall and sell for 1k or less. Usually these items sell right away if they'll sell at all, and you can make 3-4x the profit than if you'd sold to a merchant. Furthermore, you've not only helped out a newer or poorer player but as has been stated over and over again in this thread, expanded your trading network and increasing your profit making potential. Not everything sells, but many new players love having a max purple q9 weapon with 13^50 and +23HP. It's far better than what they could find at a merchant at that point in the game, and it's cheaper than the 5k + materials that a weaponsmith later in the game will charge.
With this ideology in mind, here are all of my suggestions for selling:
Sell low-end items for a quick buck and a longterm buyer:
Sell your max purples, blues, and otherwise servicable goods to players in early parts of the game. Aim for 2-4x the merchant price depending on the item. Suggest the buyer add you to their friends list in case they need something later, or just help in the game.
Giving freebies away makes friends:
If someone is looking for a cheap max weapon, offer to get a collector item for them. Those 5 putrid cysts that you could have sold for 125g at the merchant don't net you any money right away, but that buyer is happy for a free item and will buy other things from you on the spot, or in the future.
Know when to allow window shopping:
If you're selling a rare and unique item (such as the HoD sword) anyone who can afford it likely knows what it is. When selling my HoD sword a couple months back (although I kept it in the end...) a couple people asked to see it and then complained it wasn't even max damage. Allow window shopping on everything but specific items (like a HoD sword, gemstones, materials, mods, etc...) but require that they show you the money.
Know where to sell the item:
LA may be the major selling capital of GW (you could also argue Kamadan of course) but it's only a waste of your time to try and sell daggers there. There aren't too many PvE assassins out there, and most of them are only in Factions. Sell non-core profession weapons in NF or EoTN locations. Sell unique weapons where the market isn't flooded, don't try and sell an Icy Dragon Sword in Droknar's Forge, sell it anywhere else!
Be friendly:
Never lose your temper when dealing with people, even if they're being obnoxious. Always thank the buyer for looking even if they didn't buy anything. Many people remember how friendly a seller is!
Guru versus in-game:
Some items can be worth a lot of gold, however, you need to find the right buyer for them. For example, a friend of mine has a q9 Exalted Aegis, -2 stance, +1 Death Magic 20%. Perfect for an MM using Conviction, but most players will call you a noob since it doesn't have the "all important" +30HP mod. Don't try and sell these kinds of items in-game, you'll only get heckled and you won't get a good deal. Sell items of that kind here on Guru, and sell generic items in-game.
Price range:
Don't try and sell an item for too much more than it's worth. There's nothing wrong with a profit, but trying to sell something too high will leave you both economically and morally bankrupt. A good rule is to buy about 10-20% below the price, and sell for 10% above. If people looking to buy see you're charging too much, they often won't PM you to haggle, they'll just move on and find another seller.
Integrity:
Never try and rip off another player if you intent to remain selling. Doing little tricks like shaving 500g off each purchase might seem lucrative, but it's unlikely that person or their friends will ever trade with you again. Don't pretend you're "glitched" or feign ignorance when they mention to you that you have nothing in the window. Not only are all of these dirty and poor business practices, you have a good chance to have your account banned.
Contacts:
Although some of the previous comments on the usefulness of contacts imo has been exaggerated, there are times when good contacts can make the difference between making a small profit and selling at a loss. For high-end items, keep contacts, for low-end I wouldn't bother. High-end buyers are often on the lookout for "random" high-end items and may be interested.
Maintaining inventory:
Everyone who frequently sells moderate-highly valuable items knows that people like to offer several less valuable items for what you're selling. Odds are that the sum of the prices of those items is less than that of what you're selling, and if this is the case don't bother. If they're offering more, take the time to decide what things you could use, and what could easily be sold. If you need gold, don't accept a trade which will be more difficult to sell than what you started with. An exception to this general rule is that if you're a serious seller in for the long run, you may benefit from having a few extra low-end items. If you're selling one of several swords in your inventory and someone offers a bow, consider the offer if you don't have any bows for sale as you might be able to add it on to someone's cart later.
What to show in the trade window:
I've argued with other traders on this before, but if someone asks to see something you're selling you can consider putting a couple similar items they may be interested in up as well. Some other sellers say this wastes time and annoys the buyer, but more often than not in my experiences the buyer will be interested in the other items.
Format for trade chat
Emphasis on trade chat, please don't spam in local chat. If you're planning on staying in one district for a while, write your search bulletin first. I use the following:
[S or B]| [Item] [Stats Desired or Item's Stats (sell)] PM
For trade chat I use the following:
[Selling or Buying] [Item1 Stats] | [Item2 Stats] | ... | PM
The reason for the Selling/Buying as opposed to using WTS/WTB is that not only does it not replace the smaller string size Party Search, is also sets you apart from other sellers. You want to look professional, don't use caps obnoxiously, act as if you're giving a sales pitch to a company.
------------------------------------------------------------------
I hope these tips help some people who may have been confused by the conglomerate of posts in this thread xD
Willow O Whisper
Now thats a nice post Ariena
.
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Enko
For me, its always been high volume, low cost items to make money. For a long while, it was mass unids since there were always buyers and I could get them relatively cheap. I think at the high point of my trading, I was making around 400-600k a day consistently. This required massive amounts of storage space (hence why i have 58 characters) since people were willing to pay extra to be able to pick up 500+ unids at one time for their title. This isn't very feasible now since cheap unids are hard to find now and farming them myself to consistently get a high enough quantity daily isn't feasible.
If you're not interested in titles, unid selling still works as farming unids is relatively easy now (raptor, vaetir, luxon assassins, etc). I'd rather pump out my own titles (still looking for another 83000 unids btw) and id them myself. I've seen the unid prices rise since I left the market but that's probably more from the removal of a lot of the bots.
However, the high volume, low cost idea still works. I just sell anything I find in just my everyday playing and put it up on guru auctions. Doesn't require me to spend any time selling in game and the money just comes to me. Since I started selling again on guru auctions a couple weeks ago (just got back from deployment), I've probably netted around 300k from weapon mods on items that normally would have just gone to the merchant. Perfect Salvage Kits are great as I'm able to pull off a mod or two from every item, turn around and sell them, and still be able to sell the item to the merchant to make up the cost of the kit. It's a lot slower money but not really much for me to buy in the game now except for 1 or 2 minis.
If you're not interested in titles, unid selling still works as farming unids is relatively easy now (raptor, vaetir, luxon assassins, etc). I'd rather pump out my own titles (still looking for another 83000 unids btw) and id them myself. I've seen the unid prices rise since I left the market but that's probably more from the removal of a lot of the bots.
However, the high volume, low cost idea still works. I just sell anything I find in just my everyday playing and put it up on guru auctions. Doesn't require me to spend any time selling in game and the money just comes to me. Since I started selling again on guru auctions a couple weeks ago (just got back from deployment), I've probably netted around 300k from weapon mods on items that normally would have just gone to the merchant. Perfect Salvage Kits are great as I'm able to pull off a mod or two from every item, turn around and sell them, and still be able to sell the item to the merchant to make up the cost of the kit. It's a lot slower money but not really much for me to buy in the game now except for 1 or 2 minis.
Malice Black
Quote:
Originally Posted by Ariena Najea
I used to almost exclusively power-trade for money, and back then (month or two after Factions was released) you could typically make 100% profit under an hour, with very little difficulty.
This by no means reflects the state of the current market, where you can easily spend an hour without selling a single item at cost. In my opinion purely power trading is no longer an effective way to earn money, unless you're resorting to poor practices of ripping people off. Now, I'm not saying that everyone who has had recent success selling is selling unfairly, but nowadays many of the deals happening in Kamadan, LA, etc either involve one side trying to scam the other, or one side simply charging far more than something is worth. I'm not against making a profit, I'm against poor business practices of not giving someone a fair deal. Selling someone an item that's worth 50k for 60k is fine, but don't charge 80k+ and say you're giving them the deal. I typically sell any high-end items here on Guru, it saves the "window shopping" time that inevitably wastes time in-game, and it's far easier to find legitimate buyers. People are more informed of prices and as a whole it's easier to have a smooth trade. Low-end items whose value is no more than 2-3k (player, not trader of course) I post up in Shing Jea, Ascalon, or the Sunspear Great Hall and sell for 1k or less. Usually these items sell right away if they'll sell at all, and you can make 3-4x the profit than if you'd sold to a merchant. Furthermore, you've not only helped out a newer or poorer player but as has been stated over and over again in this thread, expanded your trading network and increasing your profit making potential. Not everything sells, but many new players love having a max purple q9 weapon with 13^50 and +23HP. It's far better than what they could find at a merchant at that point in the game, and it's cheaper than the 5k + materials that a weaponsmith later in the game will charge. With this ideology in mind, here are all of my suggestions for selling: Sell low-end items for a quick buck and a longterm buyer: Sell your max purples, blues, and otherwise servicable goods to players in early parts of the game. Aim for 2-4x the merchant price depending on the item. Suggest the buyer add you to their friends list in case they need something later, or just help in the game. Giving freebies away makes friends: If someone is looking for a cheap max weapon, offer to get a collector item for them. Those 5 putrid cysts that you could have sold for 125g at the merchant don't net you any money right away, but that buyer is happy for a free item and will buy other things from you on the spot, or in the future. Know when to allow window shopping: If you're selling a rare and unique item (such as the HoD sword) anyone who can afford it likely knows what it is. When selling my HoD sword a couple months back (although I kept it in the end...) a couple people asked to see it and then complained it wasn't even max damage. Allow window shopping on everything but specific items (like a HoD sword, gemstones, materials, mods, etc...) but require that they show you the money. Know where to sell the item: LA may be the major selling capital of GW (you could also argue Kamadan of course) but it's only a waste of your time to try and sell daggers there. There aren't too many PvE assassins out there, and most of them are only in Factions. Sell non-core profession weapons in NF or EoTN locations. Sell unique weapons where the market isn't flooded, don't try and sell an Icy Dragon Sword in Droknar's Forge, sell it anywhere else! Be friendly: Never lose your temper when dealing with people, even if they're being obnoxious. Always thank the buyer for looking even if they didn't buy anything. Many people remember how friendly a seller is! Guru versus in-game: Some items can be worth a lot of gold, however, you need to find the right buyer for them. For example, a friend of mine has a q9 Exalted Aegis, -2 stance, +1 Death Magic 20%. Perfect for an MM using Conviction, but most players will call you a noob since it doesn't have the "all important" +30HP mod. Don't try and sell these kinds of items in-game, you'll only get heckled and you won't get a good deal. Sell items of that kind here on Guru, and sell generic items in-game. Price range: Don't try and sell an item for too much more than it's worth. There's nothing wrong with a profit, but trying to sell something too high will leave you both economically and morally bankrupt. A good rule is to buy about 10-20% below the price, and sell for 10% above. If people looking to buy see you're charging too much, they often won't PM you to haggle, they'll just move on and find another seller. Integrity: Never try and rip off another player if you intent to remain selling. Doing little tricks like shaving 500g off each purchase might seem lucrative, but it's unlikely that person or their friends will ever trade with you again. Don't pretend you're "glitched" or feign ignorance when they mention to you that you have nothing in the window. Not only are all of these dirty and poor business practices, you have a good chance to have your account banned. Contacts: Although some of the previous comments on the usefulness of contacts imo has been exaggerated, there are times when good contacts can make the difference between making a small profit and selling at a loss. For high-end items, keep contacts, for low-end I wouldn't bother. High-end buyers are often on the lookout for "random" high-end items and may be interested. Maintaining inventory: Everyone who frequently sells moderate-highly valuable items knows that people like to offer several less valuable items for what you're selling. Odds are that the sum of the prices of those items is less than that of what you're selling, and if this is the case don't bother. If they're offering more, take the time to decide what things you could use, and what could easily be sold. If you need gold, don't accept a trade which will be more difficult to sell than what you started with. An exception to this general rule is that if you're a serious seller in for the long run, you may benefit from having a few extra low-end items. If you're selling one of several swords in your inventory and someone offers a bow, consider the offer if you don't have any bows for sale as you might be able to add it on to someone's cart later. What to show in the trade window: I've argued with other traders on this before, but if someone asks to see something you're selling you can consider putting a couple similar items they may be interested in up as well. Some other sellers say this wastes time and annoys the buyer, but more often than not in my experiences the buyer will be interested in the other items. Format for trade chat Emphasis on trade chat, please don't spam in local chat. If you're planning on staying in one district for a while, write your search bulletin first. I use the following: [S or B]| [Item] [Stats Desired or Item's Stats (sell)] PM For trade chat I use the following: [Selling or Buying] [Item1 Stats] | [Item2 Stats] | ... | PM The reason for the Selling/Buying as opposed to using WTS/WTB is that not only does it not replace the smaller string size Party Search, is also sets you apart from other sellers. You want to look professional, don't use caps obnoxiously, act as if you're giving a sales pitch to a company. ------------------------------------------------------------------ I hope these tips help some people who may have been confused by the conglomerate of posts in this thread xD |
1. Selling for a 10% profit? you'll stay poor with that attitude. Aim for maximum profit always, unless you see sure signs of interest dropping.
2. Contacts are not over rated. Even for low end items, knowing who will buy what from you is time saving. Time is money.
3. Your B/O should always be over what you are expecting to actually achieve. This allows room for negotiation. Mark up your price by an extra 5-10%.
Sha Noran
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Originally Posted by Malice Black
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1. Selling for a 10% profit? you'll stay poor with that attitude. Aim for maximum profit always, unless you see sure signs of interest dropping. 2. Contacts are not over rated. Even for low end items, knowing who will buy what from you is time saving. Time is money. 3. Your B/O should always be over what you are expecting to actually achieve. This allows room for negotiation. Mark up your price by an extra 5-10%. |