Money is an important factor in CO (no shit Sherlock) and plays a large role in how successful your character is. Now I’ve heard a lot of people asking how to make money (you can call em n00bs if you want) etc and people give the usual answers such as hunting. Not only does this require effort but there are better methods out there, one in particular known as ‘Marketing’. I have made about 80 percent(ish) of my cash from marketing and let me tell you im talking about huge amounts of DBs.
In simple terms, marketing is when you buy low and sell high, but it’s not as simple as that (but it aint rocket science so don’t start to worry). But if you roughly follow these tips you should be on your way to making some serious wonga.
Know the Market!
The most important rule of marketing is to know your market. You need to know the basics such as;
The average price of each item
What items are running low on?
What is in demand?
What items am I seeing day and day again that aren’t selling?
All these are important to dominating the market as you don’t wanna resell something such as an expball just to find that there are 10 other people selling them but haven’t had any luck yet. Even if you just spend 10 mins or so every day browsing the market it will help a ton in the future.
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Buy low and resell high
You want to know the average price of each item in the market. This is so if you are browsing the market and find that the average price for an item is 5kk but someone is selling it for 3.5kk then it’s a good buy. You can buy it and easily resell it for slightly above the average price such as 5.1kk if you’re not in a rush to sell. Don’t see making profit in terms or ‘how much money am I going to get back’ but see it as a percentage. Eg. In the example above you will be making a 45.7% profit. Worth it? If you seriously asked yourself this then you see that little white cross in the red box in the upper right hand corner of your screen, yea that one, then click it biatch. This will allow you to easily see if its worth reselling an item or not as you can see your percentage gain on it.
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Generic items = easier to sell
When marketing I tend to go for items that everyone can use. For example +stones, Chance B tokens, metscrolls can be used by all people and are always in demand no matter how much CO fuck the game up. This means that you can easily sell these items but you want to make sure your not selling them for too much as you’ll have a lot of competition. The reason for going for generic items is that if you resell speficit stuff such as a super +5 soc Trojan coronet then you’ve erased 80% of the server population as they are of other classes and have no need for that item. Not only is this going to be difficult to sell but also means that people are likely to try and talk you down in terms of price.
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First row is the answer
Try as hard as your petite brain allows you to get your seller into the first row. If he isn’t in first row then you may as well sell fuckall in your stall, no seriously. First row is the key to selling as not only does it mean that your items are seen before everyone elses but you avoid competing with all the people behind you as people cba to check every stall in the market for an item so they’ll probably end up buying yours.
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What’s the time Mr Wolf?
If you haven’t figured it out yet then get off the pc and drag yourself back to school you retard, for those who have then your right, it’s selling time. When selling items you want to make sure that half the server isn’t asleep as that’s half your potential customers gone. I find selling around 10pm to 1am GMT time (3pm to 6pm CO time) is the best time to sell as this is when most people are on. You also want to make sure your not making your prime selling time on the weekends the same time as Guild Wars as a lot of the bulkers (and rich chars) are gonna be there and not in the market looking to spend their money.
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Hes fugly, Im not buying off him!
Well I may be exaggerating abit but that’s the general idea. Appearance is important for your seller as that’s what grabs people’s attention when buying. Wearing a garment or something and carrying out an action such as waving is a lot easier on the eye and may help you make more sales. (For the love of God don’t do dances because they make your look retarded and everyone does em so you’ll just blend in)
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People with no patience
I have seen time and time again people selling an item for a certain amount, and then after a while such as a day or two they sell it for 20%(made this number up but you know what im talking about) less as there tired of waiting. For example a guy in my server(hes a twat but we’ll go into that another day) was selling a +4 stone for a DB and 7kk (around 320 cps) in the morning but in the afternoon he was offering it for as little as 200cps because he was desperate. After a bit of persuading I bought it for 185 cps and then managed to resell it for 330 cps three days afterwards. These kind of sellers are impatience and are only looking to make quick cash so look out for these ppl. And because they want the money as soon as possible it is easy to talk them into selling it cheaper thus making more of a profit when you resell it.
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Don’t give in to temptation
No matter how much someone whisper/stalks you on selling an item for slightly less such as 200k or so don’t budge in terms or price. The whole point of marketing is to make a large enough profit as possible and lowering the price isn’t going to achieve this. Many people will say “forget it then” if you don’t budge the price down as they asked but more than half the amount of times they will comeback 10 minutes later and just buy it for the asking price. If there not this half and just walk off then who cares, there are tons of other people in your server that are potential buyers.
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Every item WILL sell!
If you haven’t sold a certain item after like 5 days don’t lower the price. From personal experience I’ve found that everything will sell, its just a matter of time. I’ve waited up to 5 weeks just for selling a lvl 50 elite 2soc club but still got full asking price for it. If you absolutely have to lower the price then just do it slightly, the more you lower it the less profit you are making which just defeats the whole point. Just keep telling yourself ‘It will sell, I dunno when or by who but my God it will sell”
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Camp around Love stone for quick profits
This is abit like the unpatient sellers part but its abit different. Many people cant be bothered to set up a shop and sell things so they just stand around love stone in the centre of market flogging of there stuff. The thing is that most of these people sell what ever there selling for around 70% of the normal price meaning you can turn this into a quick profit. Keep an eye out for people selling around this area as you can make alot of cash this way.
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Keep a backup or youl slap yourself in the face (literally)
Once you got enough cash and cps try your best to keep a certain amount of cash (I try to constantly have 2150 cps left) and use that reserved amount only if you smell the really good deal that will resell quick for a real profit. Everytime I didn’t respect that rule I’ve slapped my face, last time I was unable to buy a mana bs for the price of a normal one…
(Courtesy of bizzare)
All credits for the poster : <333 LOADING….. <- -The best guide ever
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