So I got 40 mil

_Bloody_Fox_ - Lost City
_Bloody_Fox_ - Lost City Posts: 224 Arc User
edited June 2012 in General Discussion
What do you guys think would be a good way to invest it?
Merching wise.
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Facebook.com/tangyfox
EX Legendary on Sanctuary
Moved to LC to PK
Post edited by _Bloody_Fox_ - Lost City on

Comments

  • KawaiiJen - Heavens Tear
    KawaiiJen - Heavens Tear Posts: 2,461 Arc User
    edited June 2012
    What do you guys think would be a good way to invest it?
    Merching wise.

    Each server is different. Just look at what other catshops are doing and copy them.
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    Ty Fon for the Siggy <3

    The rare and exotic Sage Archer of HT. b:cute
  • shopitup
    shopitup Posts: 178 Arc User
    edited June 2012
    Rep badges or something until you can get 44 gold, then peddle drake mirror packs until the sale's over. (Or, wait, rep badges are still in the boutique right? If not, find some way to get 44 gold, there's gotta be something. Flip tokens if you get desperate, even.)
  • Kremia - Lost City
    Kremia - Lost City Posts: 507 Arc User
    edited June 2012
    You could buy n sell mounts
    make an alt and spam wc with WTB FLYERS AND MOUNTS :)
    the hard thing is to set prices to buy n sell, good luck with that
    b:victory
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  • _Bloody_Fox_ - Lost City
    _Bloody_Fox_ - Lost City Posts: 224 Arc User
    edited June 2012
    I really do not understand how pack merchanting can be profitable...
    Ea pack is 50 silver. gold is at 1.45m right now. Packs are selling for 674k ea. Times that by 2 and you get 1,348,000. So if I were to buy gold to sell packs I would be throwing money away. PLEASE merchanters, explain to me how pack selling is so fkn profitable!
    [SIGPIC][/SIGPIC]
    Facebook.com/tangyfox
    EX Legendary on Sanctuary
    Moved to LC to PK
  • shopitup
    shopitup Posts: 178 Arc User
    edited June 2012
    A pack is only 44 silver when you buy 'em 100 at a time, as every catshop in west arch surely does. That way we can undercut the one-pack-at-a-time boutique price and still make a profit.

    What boggles me are the buyers who purchase 50-70 packs at a time from my catshop. Those people would almost certainly save money by buying their own gold, but I'm not complaining.
  • KawaiiJen - Heavens Tear
    KawaiiJen - Heavens Tear Posts: 2,461 Arc User
    edited June 2012
    I really do not understand how pack merchanting can be profitable...
    Ea pack is 50 silver. gold is at 1.45m right now. Packs are selling for 674k ea. Times that by 2 and you get 1,348,000. So if I were to buy gold to sell packs I would be throwing money away. PLEASE merchanters, explain to me how pack selling is so fkn profitable!

    ..... You buy 100 for 44 gold. That knocks it down to 44 silver a piece. So at 1.5mil per gold price you're paying 66mil for 100 packs. That equates to 660k per pack. So if they sell at 674k they are making 14k profit per pack x 100 = 1.4mil. What don't you get about basic math?
    [SIGPIC]http://i48.tinypic.com/2r61kw3.jpg[/SIGPIC]
    Ty Fon for the Siggy <3

    The rare and exotic Sage Archer of HT. b:cute
  • Lolgasmic - Raging Tide
    Lolgasmic - Raging Tide Posts: 1,315 Arc User
    edited June 2012
    ..... You buy 100 for 44 gold. That knocks it down to 44 silver a piece. So at 1.5mil per gold price you're paying 66mil for 100 packs. That equates to 660k per pack. So if they sell at 674k they are making 14k profit per pack x 100 = 1.4mil. What don't you get about basic math?

    you dont have to be rude, he didnt - and neither did i - think that you crazy people were buying 100 packs at a time... b:bye
    [SIGPIC][/SIGPIC]
    Barbarian 103 - 101 - 101
    Started playing on March 2010
  • KawaiiJen - Heavens Tear
    KawaiiJen - Heavens Tear Posts: 2,461 Arc User
    edited June 2012
    you dont have to be rude, he didnt - and neither did i - think that you crazy people were buying 100 packs at a time... b:bye

    Sorry I assumed that was a common sense thing?
    [SIGPIC]http://i48.tinypic.com/2r61kw3.jpg[/SIGPIC]
    Ty Fon for the Siggy <3

    The rare and exotic Sage Archer of HT. b:cute
  • Olbaze - Sanctuary
    Olbaze - Sanctuary Posts: 4,242 Arc User
    edited June 2012
    you dont have to be rude, he didnt - and neither did i - think that you crazy people were buying 100 packs at a time... b:bye

    We merchants buy whatever is cheapest. That's always the largest batch.

    About 95% of the profit you make comes from the discounts in those batches. The other 5% is gold inflating due to a sale.

    Also 100 packs is still small-time. Heck, anything short of 400 could be considered small-time.
    I am Olba. Not Ol, not Baze nor Blaze. And even less would I go by Olblaze. Please, take a second to read a person's username.
    If you see b:cute be sure to take a second, calm look at anything I said.
  • KawaiiJen - Heavens Tear
    KawaiiJen - Heavens Tear Posts: 2,461 Arc User
    edited June 2012
    We merchants buy whatever is cheapest. That's always the largest batch.

    About 95% of the profit you make comes from the discounts in those batches. The other 5% is gold inflating due to a sale.

    Also 100 packs is still small-time. Heck, anything short of 400 could be considered small-time.

    ^ It's like Walmart. Everything there is damn cheap compared to everything else. However they are still making a huge profit off of you because of the vast bulk they buy.
    [SIGPIC]http://i48.tinypic.com/2r61kw3.jpg[/SIGPIC]
    Ty Fon for the Siggy <3

    The rare and exotic Sage Archer of HT. b:cute
  • shopitup
    shopitup Posts: 178 Arc User
    edited June 2012
    you dont have to be rude, he didnt - and neither did i - think that you crazy people were buying 100 packs at a time... b:bye

    Honestly, other than catshopping the packs I have no idea what else the 100-pack bundles might ever be good for.

    Then again, other than catshopping the packs I'm not convinced packs are good for much. I've never seen the need to actually open one myself, though I've resold countless thousands.
  • KawaiiJen - Heavens Tear
    KawaiiJen - Heavens Tear Posts: 2,461 Arc User
    edited June 2012
    shopitup wrote: »
    Honestly, other than catshopping the packs I have no idea what else the 100-pack bundles might ever be good for.

    Then again, other than catshopping the packs I'm not convinced packs are good for much. I've never seen the need to actually open one myself, though I've resold countless thousands.

    I did a little of both. Surprisingly I made an additional 200mil profit opening then just selling.

    I just have to wait a bit. (Oddly PWE gave us the packs with the BOOSTED % of Nirvana chests instead of the lower % one. I think they are really pushing the g16 stuff. Which I smell a 10* Orb sale before next month is over.)

    Opened 500 for the ****zngiggles factor.

    2 Quest Extension Stones
    2 Platinum Spirit Charms
    1 Platinum Guardian Charm
    3 Rapture Chests
    5 Uncanny Chests
    1 Blazing Token
    1 Attendance Set
    4 ToBL
    1 Citrine Gem
    1 Sapphire Gem
    1 DoD
    [SIGPIC]http://i48.tinypic.com/2r61kw3.jpg[/SIGPIC]
    Ty Fon for the Siggy <3

    The rare and exotic Sage Archer of HT. b:cute
  • Olbaze - Sanctuary
    Olbaze - Sanctuary Posts: 4,242 Arc User
    edited June 2012
    ^ It's like Walmart. Everything there is damn cheap compared to everything else. However they are still making a huge profit off of you because of the vast bulk they buy.

    And just like PWI merchanting, the profits they make on each individual product is small, but the volume that they sell every single day means that the profits they make are significant.
    I am Olba. Not Ol, not Baze nor Blaze. And even less would I go by Olblaze. Please, take a second to read a person's username.
    If you see b:cute be sure to take a second, calm look at anything I said.
  • _Bloody_Fox_ - Sanctuary
    _Bloody_Fox_ - Sanctuary Posts: 993 Arc User
    edited June 2012
    I cannot afford to buy even 100 at bulk yet, that's why I spaced it.
    I guess I am doomed to deal tokens >.<
    Facebook.com/foxi187
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  • ShamandaIie - Heavens Tear
    ShamandaIie - Heavens Tear Posts: 117 Arc User
    edited June 2012
    JenMart, for all your adult toys.
  • shopitup
    shopitup Posts: 178 Arc User
    edited June 2012
    I cannot afford to buy even 100 at bulk yet, that's why I spaced it.
    I guess I am doomed to deal tokens >.<

    Flipping tokens (and mirages) was how I got myself started. It's busy merchanting, you have to keep checking your catshop often because of price shifts and because tokens especially can move really fast both into and out of inventory. My starting capital was two million; within a week, it was eight. The margin is small but the volume is huge.

    Trading tokens into token goods (HP/MP food, hypers, and such) and selling those up in snowy village has a larger profit margin, but a smaller volume and probably a lower profit per time unit. Not such stressful busywork minding the shop, though.

    If we get a 1* orb sale or suchlike before you get up to pack-buying capital, something that sells from the cash shop cheaper than the economy size of packs, sell those. 1*'s doubled my money once, back before I could afford the gold to play packs.
  • Umikaa - Sanctuary
    Umikaa - Sanctuary Posts: 22 Arc User
    edited June 2012
    You didn't happen to make your 40m selling a HP charm to an incorrectly priced catshop? b:laugh
  • KawaiiJen - Heavens Tear
    KawaiiJen - Heavens Tear Posts: 2,461 Arc User
    edited June 2012
    JenMart, for all your adult toys.
    You know it Jihanoob ;3
    shopitup wrote: »
    Flipping tokens (and mirages) was how I got myself started. It's busy merchanting, you have to keep checking your catshop often because of price shifts and because tokens especially can move really fast both into and out of inventory. My starting capital was two million; within a week, it was eight. The margin is small but the volume is huge.

    Trading tokens into token goods (HP/MP food, hypers, and such) and selling those up in snowy village has a larger profit margin, but a smaller volume and probably a lower profit per time unit. Not such stressful busywork minding the shop, though.

    If we get a 1* orb sale or suchlike before you get up to pack-buying capital, something that sells from the cash shop cheaper than the economy size of packs, sell those. 1*'s doubled my money once, back before I could afford the gold to play packs.

    Another alternative would be buying raps/cannies now. With the new packs out as well as the recent agen the value of them has dropped. But considering the release of this new amazing g16 that equates to r9 the value of them will go back up again. (I'm too busy controlling the dorb market atm to switch or I might invest a little into it -_-)
    [SIGPIC]http://i48.tinypic.com/2r61kw3.jpg[/SIGPIC]
    Ty Fon for the Siggy <3

    The rare and exotic Sage Archer of HT. b:cute
  • Baby_pho - Heavens Tear
    Baby_pho - Heavens Tear Posts: 636 Arc User
    edited June 2012
    ^ It's like Walmart. Everything there is damn cheap compared to everything else. However they are still making a huge profit off of you because of the vast bulk they buy.

    and child labor.... and low pay in other countries.

    free trade =/= fair trade