2. Be polite
3. Make a price that you will not go above or below when buying and selling
4. Say thanks after if you ever trade again
5. RKO them outa know where just for kicks
![Laughing :lol:](./images/smilies/icon_lol.gif)
This is the strategy if you are merching a lot of items. Step 2 especially is key to get someone who is not sure to buy. Maybe I should use this to keep you from sellers remorse of dat fork of yours. jkAs the post above but also
1) Friend every single person you trade with, even if they don't buy. This helps them locate you when they want to buy again. It's invaluable for bringing customers and helping word of mouth business. (This causes a lag bug in the mail system once you go past a page or two but i hear it's being addressed at some point - still worth it).
2)Always offer a refund if its done within a reasonably short amount of time (i would do it from a few hours to a day). This is great because as a merchant the last thing you want is customers with buyers remorse. Surprisingly I've had to refund very few items but this helps customer satisfaction and can help sales with "well if you do find it for less in a day I'll buy it back for the same price" which helps close the deal.
3) try to make a single toon (if you have multiples) the front for your merching. It helps simplify things.
4)Buy low if you can, but do not do it in a way people feel they have been taken advantage of and sell for a medium to medium high price. This is especially important if you are trying to move a larger volume of items. Setting the sale price too high reduces the number of sales and can hurt your total bottom line. Instead seek to maximize your profit per day not per item.
As the post above but also
1) Friend every single person you trade with, even if they don't buy. This helps them locate you when they want to buy again. It's invaluable for bringing customers and helping word of mouth business. (This causes a lag bug in the mail system once you go past a page or two but i hear it's being addressed at some point - still worth it).
2)Always offer a refund if its done within a reasonably short amount of time (i would do it from a few hours to a day). This is great because as a merchant the last thing you want is customers with buyers remorse. Surprisingly I've had to refund very few items but this helps customer satisfaction and can help sales with "well if you do find it for less in a day I'll buy it back for the same price" which helps close the deal.
3) try to make a single toon (if you have multiples) the front for your merching. It helps simplify things.
4)Buy low if you can, but do not do it in a way people feel they have been taken advantage of and sell for a medium to medium high price. This is especially important if you are trying to move a larger volume of items. Setting the sale price too high reduces the number of sales and can hurt your total bottom line. Instead seek to maximize your profit per day not per item.
Definately over 10m as I have been playing over 2 years. Because of my pricing I don't even have to do one refund every 10. It's more like 1 in 20 or 30. Well worth it though every refund gets you a better reputation. I've refunded items unto about 500k but it's never really been a problem I just sell it to someone else.this sounds decent how much have you made off this strategy? and out of 10 buyers how many refunds do you do? also are they small refunds or large ones?
+1 Rko ftw1. Buy 4 less, sell 4 more
2. Be polite
3. Make a price that you will not go above or below when buying and selling
4. Say thanks after if you ever trade again
5. RKO them outa know where just for kicks
Oh ok cool and definitely a respectable amount 10mil is a yuge(Donald trump style) number. Congratz bud is this your main form of income?Definately over 10m as I have been playing over 2 years. Because of my pricing I don't even have to do one refund every 10. It's more like 1 in 20 or 30. Well worth it though every refund gets you a better reputation. I've refunded items unto about 500k but it's never really been a problem I just sell it to someone else.this sounds decent how much have you made off this strategy? and out of 10 buyers how many refunds do you do? also are they small refunds or large ones?
It's probably been quite a bit over 10m profit on just buy/sell not total volume, I just never kept track. Most of my income used to be merchant, then went to farming/selling items and some buy/sell merching.Oh ok cool and definitely a respectable amount 10mil is a yuge(Donald trump style) number. Congratz bud is this your main form of income?Definately over 10m as I have been playing over 2 years. Because of my pricing I don't even have to do one refund every 10. It's more like 1 in 20 or 30. Well worth it though every refund gets you a better reputation. I've refunded items unto about 500k but it's never really been a problem I just sell it to someone else.this sounds decent how much have you made off this strategy? and out of 10 buyers how many refunds do you do? also are they small refunds or large ones?
Thought its a timely point to add that the absolute BEST time to merch is the day before to three days into a new event. People will be desperate to sell perfectly good items to get the new shiny stuff.
so many people wait and all sell at the last second the market is glutted with far too many sellers and few buyers. Desperate to sell they will sell to you for the vendor price or slightly above which is a no risk to low risk buy. I've even had people sell under the vendor price because they have no gold to use the vendors that buy at full buyback price and are far far far too impatient to wait till they do get the gold. They want instant gratification and you want to merch, it's benefical to both of you.
Prices of the new items are astronomical in the first few days, if you open chests and get a rare its a prime time to sell.
Overall it's key to have a large pile of gold going into a new event as a merchant.
If you are noob and want in on making money, if you farm the event fashion / item quests hard you can make awesome gold in the first few days, doubly so if you are lucky. On my world people were paying up to 20k a foxglove, for example, which is a huge amount to a level 10 or even lvl 50.
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