Merchanting/ Money Making Tips?

Olbaze - Sanctuary

CritCat - Archosaur wrote: »

There is no merchanting, there is CS.b:cute

Says the failure.

b:cute

CritCat - Archosaur

Olbaze - Sanctuary wrote: »

Says the failure.

b:cute

It's OK Olbaze, we all know you CS too.b:cute

CroPsy - Heavens Tear

I never liked that tutorial that is linked at the beginning of the topic. It earns money so slowly for people who doesn't have much to start with anyway.

At low levels, most of my coins were coming from doing quests, I had enough for my needs, selling DQ from drops was giving great money.
Then I started to farm mats, that was giving me even more money, enough to buy 70 gear. After that it's just TT runs and after that Nirv runs.

I don't like to have catshop, it's time consuming, requires me to have my PC on all the time, coins comes so slowly and it's just annoying.

From ~0 coins, to R8 in ~2 weeks, without Cash Shop, without Cat Shop, without AH (with 2x drops and 5-6 Caster Nirv runs a day).

TempleSlave - Lost City

CroPsy - Heavens Tear wrote: »

From ~0 coins, to R8 in ~2 weeks, without Cash Shop, without Cat Shop, without AH (with 2x drops and 5-6 Caster Nirv runs a day).

So, you worked for $5 a day. That's worse than most 3rd world countries. You win. b:victory

CroPsy - Heavens Tear

No, I didn't work, I played the game.

Banndit - Heavens Tear

LenieClarke - Heavens Tear wrote: »

Some people say merchanting hinges on knowing some kind of secrets. This is, of course, not true. Merchanting is a no-hidden-information game; it's more like chess, less like poker.

Merchanting in actuality hinges on other people being one or more of lazy, greedy, misinformed, and stupid. Catering to other players' laziness and greed can bring a steady but small-ish (because heavily competed for) income stream; finding that rare other player who's misinformed and/or stupid can make for big spikes of profit. If one is callous enough to exploit them, anyway.

I sincerely hope not too many others get misled by the likes of gyroki, because I'd feel terrible about fleecing people who've been deluded by a third party. But I'd happily separate the misleaders themselves from their money.

Either way, I'll be making a profit. It's just a matter of how big a one, how quickly.

It can be alot like poker actually imo. When I did merchant, I spend a bit of time trying to keep other merchant away then increase my price in anticipation of the other merchants loss from the competition.

On the other hand, I'm also the customer which I buy instead of farming sometime not because I'm lazy but because I know that the nivarna gear and the time I save is worth more than the coins merchant profit from me. I have increase in value overall by buying you could say despite my drop in coins.

SylenThunder - Twilight Temple

CroPsy - Heavens Tear wrote: »

I never liked that tutorial that is linked at the beginning of the topic. It earns money so slowly for people who doesn't have much to start with anyway.

At low levels, most of my coins were coming from doing quests, I had enough for my needs, selling DQ from drops was giving great money.
Then I started to farm mats, that was giving me even more money, enough to buy 70 gear. After that it's just TT runs and after that Nirv runs.

I don't like to have catshop, it's time consuming, requires me to have my PC on all the time, coins comes so slowly and it's just annoying.

From ~0 coins, to R8 in ~2 weeks, without Cash Shop, without Cat Shop, without AH (with 2x drops and 5-6 Caster Nirv runs a day).

Define slow?
I started with a seed of 2m from grinding. I made 10m the first week, then was able to expand and made 40m the next week. Now, when I actually bother to put my shop up, I can make 10-15m a night easy with little effort. All without playing the gold market at all, and it's all based on tips that I got from Warren's guide.

If coin is coming so slowly, then you're in the wrong niche, your prices aren't competitive/profitable, or you're doing something wrong.
I'm also a bit confused on how leaving your PC on with your catshop up is time consuming.

What's time consuming is farming Vana or TT when I could be out playing with friends and having fun with the faction.

Banndit - Heavens Tear

Heres a thought. Merchanting is alot of pvp fun for good merchants like warrenwolf, but the way its designed atm, its excessively too much about making coins and less about fun.

Like sports where rules and regulation help make things competitive and challenging, which attracts and bring out the best in people like warrenwolf from ingame and from other games. Unfortunately, merchanting as it is attracts people who just want money from it. What we all missed out as a result is good regular pvp merchanting fun which the better you are, the more you make. Offcourse, things need to be made for newbies to enter and be able to compete reasonably well, but thats not to say pass success should be literally handicaped.

Also extremely important is how the market would benefit from a more efficient market as a result. As it is though, theres a lack of effiency with stocks over and under priced in the market which can mean greedy merchant provide bad service to customers and earn less for themselve. They would sell at a slower rate while their buyers become less likely to catshop because of the inconvenience of an ineffient market. Its takes effort to find what should be easier to find and at a fairer, competitive price.

More competition and effiency would be better for everyone except those that are out competed. They should not be ignored though as it is likely they add value to the game. There should be another source of coins for them which should be looked into or we'll miss out on what they have to offer just as we are missing out on what some like warrenwolf has to offer in West arch.

warriorbat

SylenThunder - Sanctuary wrote: »

Define slow?

Less than 3m a day.

SylenThunder - Sanctuary wrote: »

If coin is coming so slowly, then you're in the wrong niche, your prices aren't competitive/profitable, or you're doing something wrong.
I'm also a bit confused on how leaving your PC on with your catshop up is time consuming.

That whole merchanting thing just isn't for me. I have only one PC (laptop) and I use it to do some of my work too. Game just takes too much resources. And I don't like to have my PC turned on over night anymore b:chuckle
My goal in any game is to have fun, not to have truckload of money. I'm having fun farming my gear. I like to go to TT and farm mats, then make TT gear and sell it.

SylenThunder - Sanctuary wrote: »

What's time consuming is farming Vana or TT when I could be out playing with friends and having fun with the faction.

I don't consider playing the game time consuming.

Regenbogen - Lost City

how to merchant?

- get some coins to start with, 10m+ will do for beginners
- buy whats cheap and most likely will sell fast especially during sale in cs, sell it when sale is over
- never spend anything for your toons!
- if you have saved up billions of coins just quit this game

PROFIT!