merchantising timme with nothing!!!!

Phylum - Harshlands
Phylum - Harshlands Posts: 14 Arc User
edited March 2010 in The Trading Post
ok ever heard the saying "it takes money to make money"? well, i have all the time in da world to merchantise and catsell. butttt, is there anyway to start merchantising with only about 20k, and if so what to start on?

theres mirages, tokens, teles, etc. but i am a merchantising noob, so what would be best for meh...b:victory
Post edited by Phylum - Harshlands on

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  • Rillien - Heavens Tear
    Rillien - Heavens Tear Posts: 569 Arc User
    edited March 2010
    Grind a bit more starting cash, or just go grind in general and then you can start selling the low level DQ items needed for the banker expansion quest.
  • Mayfly - Dreamweaver
    Mayfly - Dreamweaver Posts: 6,094 Arc User
    edited March 2010
    It doesn't cost anything beyond the price of a pickaxe (2k) to start farming mats and herbs to sell.
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  • NinnaXXX - Sanctuary
    NinnaXXX - Sanctuary Posts: 430 Arc User
    edited March 2010
    like said before grind on mobs sell things like rough fur or hay
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  • Phylum - Harshlands
    Phylum - Harshlands Posts: 14 Arc User
    edited March 2010
    Mayfly - Dreamweaver wrote: »
    It doesn't cost anything beyond the price of a pickaxe (2k) to start farming mats and herbs to sell.

    ha good idea but erm how much do herbs sell a pieces at least 1k right?b:thanks
  • aryannamage
    aryannamage Posts: 0 Arc User
    edited March 2010
    Phylum - Harshlands wrote: »
    ha good idea but erm how much do herbs sell a pieces at least 1k right?b:thanks

    Have a look around at other catshops. What prices do they have on average? What is a low price and what is high can be learned very fast that way.
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  • Phylum - Harshlands
    Phylum - Harshlands Posts: 14 Arc User
    edited March 2010
    ok now that i know how to start building money?... any idea on bigger things to sell afterwards
  • Rillien - Heavens Tear
    Rillien - Heavens Tear Posts: 569 Arc User
    edited March 2010
    The best idea to get a concept of pricing is to look around the shops at the West Arch Apothecary for herbs, see what other people are pricing them at, and then gauge what you should sell at.

    There are also niche herb markets due to some quests requiring herbs. I believe there are two quests at Orchid Temple that require Palo Herbs and Tukahoe; you could farm only those herbs and set up a shop there that prices things a bit higher for convenience.

    I have seen catshops in starter towns selling items like cotton thread and pig iron at absurdly high prices. I don't know how well they do but it seems that there is also a market for the lowest lvl mats there.

    DQs are usually sold by the bankers in Archosaur. Take a look around to see the pricing. You can either try to undercut your competitors [proven to be very successful by some resident merchants here] or find ideal locations to sell your goods or a combo of both.

    Leathers, and manufacturing mats are very pricey if you choose to sell them. For these, check the prices around the Blacksmith and Tailor in West Arch. Also, the Rhinodrakes around your level drop Hays, which are required for Veno pet bag expansion as well as a level 7x quest. You can sell those at a remarkably high price [I have seen 10k+ per hay].

    To be successful you MUST rely on your own trial and error process though. We can all point you in the right direction, but in the end you have to develop a good decision making process as to how you can maximize your profits. If you begin now, maybe you'll make a few mistakes with pricing etc. but by the time you are higher level and able to farm far more expensive mats you will also know enough to make a ton of money.

    Farming is best at your level and your starting cash, though.

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