Tholena Posted December 28, 2011 Share Posted December 28, 2011 Crafters beware! Default GTN prices are a loss for many if not all crafting professions. A significant loss! Be sure to actually consider your costs when making the item that you are posting. This is especially true when posting blues which require mission drop components. Tholena Link to comment Share on other sites More sharing options...
spicycookie Posted December 28, 2011 Share Posted December 28, 2011 Blues are easy to get ... just price them at 1.5% of GTN prices. Purples price them as 2.0% - 2.5% GTN buyout price. That's how i do it. Link to comment Share on other sites More sharing options...
ripster Posted December 28, 2011 Share Posted December 28, 2011 (edited) Blues are easy to get ... just price them at 1.5% of GTN prices. Purples price them as 2.0% - 2.5% GTN buyout price. That's how i do it.Do you mean 1.5x(times) as in 150%? So if the GTN suggest 5000, then price it at 7500? Edited December 28, 2011 by ripster Link to comment Share on other sites More sharing options...
Tholena Posted December 28, 2011 Author Share Posted December 28, 2011 Blues are easy to get ... just price them at 1.5% of GTN prices. Purples price them as 2.0% - 2.5% GTN buyout price. That's how i do it. That works. As long as you're thinking about it. Too many players don't even think about it though, and just accept the default. I see screens and screens full of items at the default cost on my server. Link to comment Share on other sites More sharing options...
Aloharover Posted December 28, 2011 Share Posted December 28, 2011 Blues are easy to get ... just price them at 1.5% of GTN prices. Purples price them as 2.0% - 2.5% GTN buyout price. That's how i do it. You mean 150% of GTN and 200% of GTN? Link to comment Share on other sites More sharing options...
Aloharover Posted December 28, 2011 Share Posted December 28, 2011 That works. As long as you're thinking about it. Too many players don't even think about it though, and just accept the default. I see screens and screens full of items at the default cost on my server. so you are buying low and selling hi right? Link to comment Share on other sites More sharing options...
Roda Posted December 28, 2011 Share Posted December 28, 2011 The default sell prices are just moronic. On the one hand, it tries to place 13th Blue leg armor which I can easily sell for 1k at around 300-400 credits. Then it tries to place my alt's Hilt 4 items are around 700, though I'm lucky to get 400 credits. Just ignore all of the defauly Market pricing. If you examine the current selling prices on your server and use common sense, you should know where to place your item's initial selling value. Link to comment Share on other sites More sharing options...
Hazaz Posted December 28, 2011 Share Posted December 28, 2011 I gotta call garbage on this thread. Reads like somebody wants to arrange some price fixing? A good crafter studies their market, knows when they can get more and when the market is saturated, so they have to lower their profit margin. Play it like the game that it is. Link to comment Share on other sites More sharing options...
Hwasung Posted December 28, 2011 Share Posted December 28, 2011 Play it like the game that it is. What exactly do you mean by this? Are people not allowed to realize virtual success because it is a game? Link to comment Share on other sites More sharing options...
Acidictadpole Posted December 28, 2011 Share Posted December 28, 2011 Crafters beware! Default GTN prices are a loss for many if not all crafting professions. A significant loss! Be sure to actually consider your costs when making the item that you are posting. This is especially true when posting blues which require mission drop components. Tholena "I can't afford to undercut people who don't care about the money they make." Link to comment Share on other sites More sharing options...
ripster Posted December 28, 2011 Share Posted December 28, 2011 On one hand it is fair to point out that the GTN suggested prices may be leading to a loss instead of a profit, but I think most people are just trying to make some credits back as the level so they probably won't care. Link to comment Share on other sites More sharing options...
PhantomJedi Posted December 28, 2011 Share Posted December 28, 2011 i think it's more likely that people are making reasonble credits while leveling and not noticing crafting losses when they post stuff up for sale. Link to comment Share on other sites More sharing options...
Natarii Posted December 28, 2011 Share Posted December 28, 2011 No NO! Please continue to sell your rarest items for the lowest price so I can buy them and mark up the price to 10x what I paid you for it! Link to comment Share on other sites More sharing options...
Tholena Posted December 28, 2011 Author Share Posted December 28, 2011 "I can't afford to undercut people who don't care about the money they make." LOL... yep. Thats my feeling. Link to comment Share on other sites More sharing options...
windezz Posted December 28, 2011 Share Posted December 28, 2011 I gotta call garbage on this thread. Reads like somebody wants to arrange some price fixing? A good crafter studies their market, knows when they can get more and when the market is saturated, so they have to lower their profit margin. Might as well call garbage on idiot crafters who undercut the lowest priced items and then proceed to flood the market with his own stock - often at a price that comes off much lower than if he were to sell the raw materials instead. Quantity does not always beget profit. It's a shame that some players don't even do the most basic work before trying to sell their crafts. I'd call garbage on the opportunistic vultures who buy from those crafters and sell the items at a higher price, but it's just the natural order of things. Link to comment Share on other sites More sharing options...
Tholena Posted December 28, 2011 Author Share Posted December 28, 2011 No NO! Please continue to sell your rarest items for the lowest price so I can buy them and mark up the price to 10x what I paid you for it! Oh, I've done that a bit too Link to comment Share on other sites More sharing options...
Acidictadpole Posted December 28, 2011 Share Posted December 28, 2011 (edited) Might as well call garbage on idiot crafters who undercut the lowest priced items and then proceed to flood the market with his own stock - often at a price that comes off much lower than if he were to sell the raw materials instead. Quantity does not always beget profit. It's a shame that some players don't even do the most basic work before trying to sell their crafts. I'd call garbage on the opportunistic vultures who buy from those crafters and sell the items at a higher price, but it's just the natural order of things. Why the hell do you care? Those people are losing money and will soon leave the market. Hell, buy them out and resell it, they're selling for a loss right? Edited December 28, 2011 by Acidictadpole Link to comment Share on other sites More sharing options...
KerinKor Posted December 28, 2011 Share Posted December 28, 2011 (edited) No NO! Please continue to sell your rarest items for the lowest price so I can buy them and mark up the price to 10x what I paid you for it! Wish this wasn't possible, I detest people who leech of others' efforts. Edited December 28, 2011 by KerinKor Link to comment Share on other sites More sharing options...
Hazaz Posted December 28, 2011 Share Posted December 28, 2011 What exactly do you mean by this? Are people not allowed to realize virtual success because it is a game? Game it. Understand that there are rules and that you can work within those rules to find an advantage. I have no idea what "virtual success" might be, but I do understand that concept of winning or getting ahead in a game. The topic of this thread seems to be aimed at getting the committed crafting population to collude on certain price standards. That kind of artificial standard is a nasty and self-serving approach. Link to comment Share on other sites More sharing options...
Zoroth Posted December 28, 2011 Share Posted December 28, 2011 Wish this wasn't possible, I detest people who leech of others' efforts. So if I buy an item that you're willingly selling to me, then I'm leeching off you because you chose to sell it cheaply? LOL ok good to know. Link to comment Share on other sites More sharing options...
Hazaz Posted December 28, 2011 Share Posted December 28, 2011 Wish this wasn't possible, I detest people who leech of others' efforts. Why? Your comment here strikes me as childish. The only folk who should benefit from a good deal or bad pricing are the folk intend to use the materials? I craft. I often sell surplus materials at a premium, 'cause I know what they are worth. I don't begrudge anybody else that opportunity. Link to comment Share on other sites More sharing options...
Belkiratwo Posted December 28, 2011 Share Posted December 28, 2011 I gotta call garbage on this thread. Reads like somebody wants to arrange some price fixing? A good crafter studies their market, knows when they can get more and when the market is saturated, so they have to lower their profit margin. Play it like the game that it is. This exactly. I was posting purple 340 Diplomacy missions in trade for 35k last night and people just kept laughing at me and telling me I was ripping people off. After an hour I had sold 4. Link to comment Share on other sites More sharing options...
Hazaz Posted December 28, 2011 Share Posted December 28, 2011 This exactly. I was posting purple 340 Diplomacy missions in trade for 35k last night and people just kept laughing at me and telling me I was ripping people off. After an hour I had sold 4. Perfect! Supply and demand is an engaging sport! Link to comment Share on other sites More sharing options...
Natarii Posted December 28, 2011 Share Posted December 28, 2011 (edited) Welcome to a free market economy. Buy low, Sell high, that's how the rich get richer. The same rules apply in a virtual economy as in the real world. If you're willing to sell something, I'm happy to pay you for it, what I do with it from there is my business. So yes, I do and will continue to buy things that are horribly underpriced, and put them back up for a significant proffit. PS: sometimes I get burned because the price I ask for it is, in fact, too high, and it doesn't sell. That's part of playing the market, it's a gamble that someone else is willing to pay a significantly higher price. Edited December 28, 2011 by Natarii Link to comment Share on other sites More sharing options...
windezz Posted December 28, 2011 Share Posted December 28, 2011 Why the hell do you care? Those people are losing money and will soon leave the market. Hell, buy them out and resell it, they're selling for a loss right? I will not easily dismiss their effort and attempt to rely on their crafts. It's kinda sad seeing them burning themselves out like that. Also, I'm willing to bet a good number of them instead blame the lack of profit on the crew skill, rather than the lack knowledge in marketing, which in turn only fan the flame to nerf the next most profitable crew skill because god knows, no one wants to buff someone else's trade. Link to comment Share on other sites More sharing options...
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