U
UOFree
Guest
Since there is many ways of trading and running a shop I think it might be good for some players to get some tips and tricks on maybe making a lot of gold and get a lot of supply.
This is Part 1 of 3 that will give you some ideas on trading.
First you have to decide wich kind of trader you want to be, if you don't have the gold to start x-shard trading then you should not start with that right away.
* supplier / random item sellers *
Selling items to other traders or selling random items you get from monsters, champs or events is a great way of starting out and slowly build up an bankroll to work on your goal. if you know that there is a demand on certain items you should try and get those items because they will always sell fast and you will be able to get some steady buyers of some of your items aswell. You can easily balance your profits if your looking for fast sales by offering the items that are in demand for a bit higher price than normal and drop the price a bit on items you might not sell so well.
Also if you see many people selling the same items at bank or on vendors you might think about not getting those items but there is always exceptions to this like resources and PoFs and so on. Items that is always needed will keep selling so thats also a good place to start out on your project.
if you look at the worth of frostwood boards you might consider selling the boards if you have a lot, but if you donate them to Vesper Museum or Brit Library you can get more gold for some of the items. (Talismans are always good sellers) + you have a chance of getting owned by no one talismans.
Try and get a vendor inside the luna walls it doesnt matter what your selling its still the best place to sell items.
if you have a few friends playing with you, you can all go hunting and split the money from the sale of items. But you need to be able to trust the players since some might say they didnt get anything from a boss because they want to keep item for themself. same as you need to trust the person selling the item that he will split with the rest.
Also try and get a big network so you have a lot of people to contact if you need items or if other players needs items. this way if someone needs an item you can ask around and get a price from the seller then tell the buyer that you can get the item and add a bit for yourself.
-
* Buying and reselling *
If you have some gold to buy up items to sell for a bit of profit you need to focus on items that are in demand and that will sell fast. Else you get stuck with the items for some time and you might end up not making any profit if you had the items for a few days because aslong as you dont sell and item you dont get money to spend on other items. So you might lose out on trades because you dont have the gold, and you might end up selling the items you bought for the same as you paid just to get rid of it.
NEVER buy items for yourself, if you want to get some profit then you shouldnt spend gold on yourself no matter what. You can do that later when you have enough money to spend
Don't just buy an item because it seems cheap, some items doesnt sell well either because everyone has the item or because there is no use for it.
There are items you can always sell like SoTs the ones for certain skills like Taming, archery, Stealing, stealth, disco, tactics and so on. There are always impatient players who will buy those.
White Pearls are also good for reselling because there will be high demand for some of them since there arent many selling them and they are needed for a few things.
* X-Shard Trading *
This is the most rewarding but also the hardest part of trading, you will need to do a lot of reseach of each shard so you know where to go for the items you want.
The asian shards are always good for most items but at the first look around luna you might think that its either expensive or doesnt seem like that have a lot, just remember they place a plot in the middel of nowhere and open a shop there to sell items. So Luna is not used like it is on some of the other shards. You will have to run around try finding shops or get runes of the floor in Luna or New Haven.
For those who has played some years, these shards will remind you about the old days, shops at Brit, yew, Trinsic, moonglow moongates and around the towns aswell.
On some shards you can even find some of the good shops in the middel of the Swamps, this is also because many players on those shards doesnt like xsharders. So be carefull stepping into gates people make, you can always ask for rune and put it in runebook to see where it goes.
Asuka - Shop near Serpents Hold Bank, has a lot of different items at good prices - Has a great shop with 12 different PS and SoT vendors (also good shard for BODs)
Wakoku - Has a few shops around the land have to go around looking for them but its where you will find the best bargains.
Sakura - One of the most visited asian shards because of its many shops and the wide spread of items. Great shard for SoTs and PS
Hokuto - Good shard for Replicas, boss drops and arties. But since most of their traders are buying up items themselfs to move on to US shards you will need to keep checking vendors a lot.
For all shards goes that cheap Heritage and Soulstone fragment Tokens can be gotten at 150-300K and 350-600K
What I always recommend is that you have 200-300m before you go xsharding, you will find that you have to spend 30-40m on tokens. then you will need to make that in profit so you should go for items you can atleast double your money on. So best items are SoTs, PoFs, BODs for PoF, CBDs, White Pearls, Talismans. A few Boss drops. just remember that an item that cost 45m and sells for 55m will give you 10m profit but you spend 45m to maybe get 10m. while SoT might cost 200-500K for an 1.0 and you can sell for 1m and then if you spend 45m on those you would get more than just the 10m profit.
You might also want to consider where you want to sell your items because some shards have higher prices on some items like PoF some shards you can get 300K per PoF or 1,5m for CBDs.
-
* Prices *
Most people will say that its the buyers who decides the prices, well its not.
If you really want to know a lot about pricing you need to know a lot about it on all shards. If you just want to focus on your own shard then you will find out that you might miss out on a lot of gold since some of the traders from other shards comes to your shard to buy up your items that you might think are at "normal" price but they might see it as cheap.
Any items that are in demand and that is not being sold on any vendors you can set the price on, might be a bit more than what a person at a bank will pay for it but it will sell because its in demand and people will pay the extra money for it. Same as with the new items that comes out with some publish. champ drops are priced high but an trader knows that it will drop after some time because more and more of the items comes on the market. So the first sales will be at a high price because of the demand.
Finding out what Market Value of an item is, takes some time but if you put in the time and effort to learning all that is needed you will be able to know if a price is to high to sell your items at. You will need to look around your own shard, what people pay normally for the item. what vendors has them at and if the vendors sell them at that price. Aswell as you need to know that for all shards so you know the accurate market value and not just on your shard.
there are also sites where you can search what items are for sale in luna and other places. If you just want to see what is for sale there just type in "weight" then you will get a list of all items that has a weight (wich is all except a few old vendor deeds)
(PM for the URL for the best site for this)
if there is no other sellers of certain items that people might want, try and focus on those items and find a price you can live with. The items will sell if players want them and they cant get them elsewhere even if some people think its priced to high.
Your the seller and your the one doing the work, so if they dont want to pay what you want someone else might. This doesnt mean you can ask 50m for a Char. Transfer Token if nobody else is selling it, but since market value is 20m and if nobody else is selling them you might be able to ask 22-23m but if your happy with a fast sale at 20m then you will make buyers happy and they might come back for more.
-
2nd Part of this will be posted next week here in this post. if you have any comments or questions please feel free to post them here or PM and i will try and get back to you asap.
This is Part 1 of 3 that will give you some ideas on trading.
First you have to decide wich kind of trader you want to be, if you don't have the gold to start x-shard trading then you should not start with that right away.
* supplier / random item sellers *
Selling items to other traders or selling random items you get from monsters, champs or events is a great way of starting out and slowly build up an bankroll to work on your goal. if you know that there is a demand on certain items you should try and get those items because they will always sell fast and you will be able to get some steady buyers of some of your items aswell. You can easily balance your profits if your looking for fast sales by offering the items that are in demand for a bit higher price than normal and drop the price a bit on items you might not sell so well.
Also if you see many people selling the same items at bank or on vendors you might think about not getting those items but there is always exceptions to this like resources and PoFs and so on. Items that is always needed will keep selling so thats also a good place to start out on your project.
if you look at the worth of frostwood boards you might consider selling the boards if you have a lot, but if you donate them to Vesper Museum or Brit Library you can get more gold for some of the items. (Talismans are always good sellers) + you have a chance of getting owned by no one talismans.
Try and get a vendor inside the luna walls it doesnt matter what your selling its still the best place to sell items.
if you have a few friends playing with you, you can all go hunting and split the money from the sale of items. But you need to be able to trust the players since some might say they didnt get anything from a boss because they want to keep item for themself. same as you need to trust the person selling the item that he will split with the rest.
Also try and get a big network so you have a lot of people to contact if you need items or if other players needs items. this way if someone needs an item you can ask around and get a price from the seller then tell the buyer that you can get the item and add a bit for yourself.
-
* Buying and reselling *
If you have some gold to buy up items to sell for a bit of profit you need to focus on items that are in demand and that will sell fast. Else you get stuck with the items for some time and you might end up not making any profit if you had the items for a few days because aslong as you dont sell and item you dont get money to spend on other items. So you might lose out on trades because you dont have the gold, and you might end up selling the items you bought for the same as you paid just to get rid of it.
NEVER buy items for yourself, if you want to get some profit then you shouldnt spend gold on yourself no matter what. You can do that later when you have enough money to spend
Don't just buy an item because it seems cheap, some items doesnt sell well either because everyone has the item or because there is no use for it.
There are items you can always sell like SoTs the ones for certain skills like Taming, archery, Stealing, stealth, disco, tactics and so on. There are always impatient players who will buy those.
White Pearls are also good for reselling because there will be high demand for some of them since there arent many selling them and they are needed for a few things.
* X-Shard Trading *
This is the most rewarding but also the hardest part of trading, you will need to do a lot of reseach of each shard so you know where to go for the items you want.
The asian shards are always good for most items but at the first look around luna you might think that its either expensive or doesnt seem like that have a lot, just remember they place a plot in the middel of nowhere and open a shop there to sell items. So Luna is not used like it is on some of the other shards. You will have to run around try finding shops or get runes of the floor in Luna or New Haven.
For those who has played some years, these shards will remind you about the old days, shops at Brit, yew, Trinsic, moonglow moongates and around the towns aswell.
On some shards you can even find some of the good shops in the middel of the Swamps, this is also because many players on those shards doesnt like xsharders. So be carefull stepping into gates people make, you can always ask for rune and put it in runebook to see where it goes.
Asuka - Shop near Serpents Hold Bank, has a lot of different items at good prices - Has a great shop with 12 different PS and SoT vendors (also good shard for BODs)
Wakoku - Has a few shops around the land have to go around looking for them but its where you will find the best bargains.
Sakura - One of the most visited asian shards because of its many shops and the wide spread of items. Great shard for SoTs and PS
Hokuto - Good shard for Replicas, boss drops and arties. But since most of their traders are buying up items themselfs to move on to US shards you will need to keep checking vendors a lot.
For all shards goes that cheap Heritage and Soulstone fragment Tokens can be gotten at 150-300K and 350-600K
What I always recommend is that you have 200-300m before you go xsharding, you will find that you have to spend 30-40m on tokens. then you will need to make that in profit so you should go for items you can atleast double your money on. So best items are SoTs, PoFs, BODs for PoF, CBDs, White Pearls, Talismans. A few Boss drops. just remember that an item that cost 45m and sells for 55m will give you 10m profit but you spend 45m to maybe get 10m. while SoT might cost 200-500K for an 1.0 and you can sell for 1m and then if you spend 45m on those you would get more than just the 10m profit.
You might also want to consider where you want to sell your items because some shards have higher prices on some items like PoF some shards you can get 300K per PoF or 1,5m for CBDs.
-
* Prices *
Most people will say that its the buyers who decides the prices, well its not.
If you really want to know a lot about pricing you need to know a lot about it on all shards. If you just want to focus on your own shard then you will find out that you might miss out on a lot of gold since some of the traders from other shards comes to your shard to buy up your items that you might think are at "normal" price but they might see it as cheap.
Any items that are in demand and that is not being sold on any vendors you can set the price on, might be a bit more than what a person at a bank will pay for it but it will sell because its in demand and people will pay the extra money for it. Same as with the new items that comes out with some publish. champ drops are priced high but an trader knows that it will drop after some time because more and more of the items comes on the market. So the first sales will be at a high price because of the demand.
Finding out what Market Value of an item is, takes some time but if you put in the time and effort to learning all that is needed you will be able to know if a price is to high to sell your items at. You will need to look around your own shard, what people pay normally for the item. what vendors has them at and if the vendors sell them at that price. Aswell as you need to know that for all shards so you know the accurate market value and not just on your shard.
there are also sites where you can search what items are for sale in luna and other places. If you just want to see what is for sale there just type in "weight" then you will get a list of all items that has a weight (wich is all except a few old vendor deeds)
(PM for the URL for the best site for this)
if there is no other sellers of certain items that people might want, try and focus on those items and find a price you can live with. The items will sell if players want them and they cant get them elsewhere even if some people think its priced to high.
Your the seller and your the one doing the work, so if they dont want to pay what you want someone else might. This doesnt mean you can ask 50m for a Char. Transfer Token if nobody else is selling it, but since market value is 20m and if nobody else is selling them you might be able to ask 22-23m but if your happy with a fast sale at 20m then you will make buyers happy and they might come back for more.
-
2nd Part of this will be posted next week here in this post. if you have any comments or questions please feel free to post them here or PM and i will try and get back to you asap.