82 replies to this topic

[LondonFires]

Title says it all; you will make less profit after you factor in 5% list fee + 10% transaction fee. I really don't understand why people are doing this, why not just sell it to the NPC?

And we're not talking about a few odd-balls here, we're talking hundreds of 'lowest listed' sellers for more than half of the items I tried to sell.

Stupidity, laziness, or...? :|

I give the market a good couple weeks to even out (I hope...)

[Eon Lilu]

I think eveything in this game being super easy to get because they made it for "casuals" and the fact the trading post was down for over a week has completely screwed GW2 economy before it's even started.

I don't think it will recover as much as everyone thinks it will. There is just hardly anything rare in this game except for very small amount of things. Everything is easy to get hold of, karma and gold aswell is also easy to make.

Sure the economy will change but I do not think it will change much.

I know players who salvage greens, players who sell everything to merchant and never use the trading post, the list of sillyness goes on. There will always be players like this who sell for lower than the item's worth.

Edited by Eon Lilu, 05 September 2012 - 05:28 PM.

[Lilly32]

How am I supposed to make 100s of gold like I have in every other game?  I play games to be rich.  Sure its only pixel gold but thats endgame for me.

[Treble]

The trading post is a little confusing for some, since it's different from regular Auction Houses by listing market trends and NPC price. People seem to think NPC price is the same as market price at the moment, so they price things as such.

Give it time. People will start to notice.

[Fleshgrinder]

I specifically undercut by large amounts to drive down the price of goods in online markets.

Back in WoW I was probably the only person using Auctioneer to actually reduce prices on my server.

I ended up with so much money I could singlhandedly shift entire markets, so I'd crash anything that got expensive.

I once brought down the entire enchanting material market by DEing pretty much every green on the AH and flooding the market.

[Desild]

I sell all my stuff at merchant prices because someone out there, other than the NPC merchant, might need that item more than I do.

Capitalism be damned, I'd say. No love for AH players either.

[Princess Fatora]

Fleshgrinder, on 05 September 2012 - 05:32 PM, said:

I specifically undercut by large amounts to drive down the price of goods in online markets.

Back in WoW I was probably the only person using Auctioneer to actually reduce prices on my server.

I ended up with so much money I could singlhandedly shift entire markets, so I'd crash anything that got expensive.

I once brought down the entire enchanting material market by DEing pretty much every green on the AH and flooding the market.

I loved doing this so much. High-five

[SOLIDAge]

I think people settle for the cheaper than NPC pricing for velocity. If someone is offering me 10 less copper for an item I'm more likely to sell it for that price to get quick money and to clear it from my bag.

[Fleshgrinder]

Princess Fatora, on 05 September 2012 - 05:36 PM, said:

I loved doing this so much. High-five

*high-five*

It's funny because you can still make a lot of money doing a service for your server.

[Ngamok]

I too sell stuff at near vendor price.  I know you guys are out there selling stuff so high to get rich quick.

[LondonFires]

Ngamok, on 05 September 2012 - 05:39 PM, said:

I too sell stuff at near vendor price.  I know you guys are out there selling stuff so high to get rich quick.

But why do you do this? Out of the goodness of your heart or something? (come on man, this is the internet, every man for himself and all that )

You're making less money than if you sold it to the NPC.  o\

[Krazzar]

Probably because they can sell from anywhere, it's more convinient than running to a merchant and early on people have less inventory space so they want to get those items out of their bags instantly, especially while they're standing over a new item they want in the "inventory full box". Making slightly less money on two things is more money than merching one item. If it's simply selling items at the trading post instead of merchants all the time I'm baffled because some drops don't sell on the trading post, like trophies.

Edited by Krazzar, 05 September 2012 - 05:45 PM.

[LondonFires]

Krazzar, on 05 September 2012 - 05:43 PM, said:

Probably because they can sell from anywhere, it's more convinient than running to a merchant and early on people have less inventory space so they want to get those items out of their bags instantly, especially while they're standing over a new item they want in the "inventory full box". Making slightly less money on two things is more money than merching one item.

Really? I guess that's a plausible scenario... so it does come down to laziness. It's not THAT difficult to keep your inventory space pretty clean between the 'Send to collectables' option, salvaging, and the merchants scattered around literally everywhere.

[Astalnar]

Fleshgrinder, on 05 September 2012 - 05:32 PM, said:

I once brought down the entire enchanting material market by DEing pretty much every green on the AH and flooding the market.

People like you are reason why I managed to gear up for raids so quickly after every expansion. Thank you for doing it.

Well economy will eventually fix itself, but people will always undercut the competition in order to make money faster.

[Fleshgrinder]

LondonFires, on 05 September 2012 - 05:42 PM, said:

But why do you do this? Out of the goodness of your heart or something? (come on man, this is the internet, every man for himself and all that )

You're making less money than if you sold it to the NPC.  o\

It's not the goodness of our heart as much as an honest desire to manipulate the market in a way that will keep prices low for everyone.

I project my anarcho-libertarian ideals into the game world by monkeying around with the market mechanics.

My goal is to create a market where everything is cheap and easy to find, reducing demand, reducing the likelihood of someone with less community oriented ideals gaining a large market control and modifying the market for personal gain.

[LondonFires]

Astalnar, on 05 September 2012 - 05:48 PM, said:

Well economy will eventually fix itself, but people will always undercut the competition in order to make money faster.

But those same people can instantly sell those very same things to the NPC for more money.. so it's not like they're really undercutting anyone other than themselves.

[Treble]

Fleshgrinder, on 05 September 2012 - 05:32 PM, said:

I specifically undercut by large amounts to drive down the price of goods in online markets.

Back in WoW I was probably the only person using Auctioneer to actually reduce prices on my server.

I ended up with so much money I could singlhandedly shift entire markets, so I'd crash anything that got expensive.

I once brought down the entire enchanting material market by DEing pretty much every green on the AH and flooding the market.

I do the exact opposite.

I buy out the market and sell well above market price. :3

Capitalism ftw!

[Dizzard]

LondonFires, on 05 September 2012 - 05:15 PM, said:

Title says it all; you will make less profit after you factor in 5% list fee + 10% transaction fee. I really don't understand why people are doing this, why not just sell it to the NPC?

And we're not talking about a few odd-balls here, we're talking hundreds of 'lowest listed' sellers for more than half of the items I tried to sell.

Stupidity, laziness, or...? :|

I give the market a good couple weeks to even out (I hope...)

Probably because it's convenient or they're not paying attention. To be honest I did this a little at the start because I was unaware of the list fee. Anet should make the list fee more obvious....the only reason I found out about it was when I noticed a conflict between how much I was selling for and how much I was getting, that really shouldn't be the way players find out.

It is pretty annoying when most items you try to sell on trading post seem to be very close to npc prices it hardly seems worth it. I suppose a lot of people just assume the money you get from the trading post is going to be better than what you get for selling to npcs.

Edited by Dizzard, 05 September 2012 - 05:54 PM.

[LadyPvP]

LondonFires, on 05 September 2012 - 05:42 PM, said:

But why do you do this? Out of the goodness of your heart or something? (come on man, this is the internet, every man for himself and all that )

You're making less money than if you sold it to the NPC.  o\

^^^This^^^
I honestly cannot understand why people are just taking the loss in money by putting it on the TP. It make no sense to play for hours and just lose money on the TP instead of selling it to the merchants.

[Fleshgrinder]

LadyPvP, on 05 September 2012 - 05:53 PM, said:

^^^This^^^
I honestly cannot understand why people are just taking the loss in money by putting it on the TP. It make no sense to play for hours and just lose money on the TP instead of selling it to the merchants.

Read up, we're doing it for a purpose most of the time.

See, I undercut to vendor price, then someone uses the automatic "match lowest price" feature.

So just one person doing a large undercut can cause the entire market to shift due to how many people allow the "match lowest price" function to do its thing.

[Tallenn]

I suspect it's because they don't KNOW about the 15% tax.

Game is barely a week old, and not everyone who bought it has been lurking these forums like we have.

Given time, I'm sure most will eventually get it.

[dirkaderpa]

I love it I hope the idiots never learn how to play so I can keep getting supplied with super powerful and super cheap items throughout my entire leveling up process. Buy this item from an npc for 2 silver or 400 karma? Screw that, I'm going to the TP and getting it for 45 coins.

Edited by dirkaderpa, 05 September 2012 - 05:58 PM.

[Astalnar]

LondonFires, on 05 September 2012 - 05:50 PM, said:

But those same people can instantly sell those very same things to the NPC for more money.. so it's not like they're really undercutting anyone other than themselves.

Hey, if they want to be the good guy Greg, who are we to stop them? This way they ensure items get to players. Eventually those who want to level craft skills will buy them and use them.

[Starry Eyed]

Usually I am out adventuring and I just throw it up there to get rid of it. Honestly, I would rather make less money and pass the item to someone who will use it than just NPC vendor everything.

[dirkaderpa]

Fleshgrinder, on 05 September 2012 - 05:56 PM, said:

Read up, we're doing it for a purpose most of the time.

See, I undercut to vendor price, then someone uses the automatic "match lowest price" feature.

So just one person doing a large undercut can cause the entire market to shift due to how many people allow the "match lowest price" function to do its thing.

lol this is awesome. I like how you expected the entire population to be dumb enough to follow through.

[blargian]

LondonFires, on 05 September 2012 - 05:15 PM, said:

Title says it all; you will make less profit after you factor in 5% list fee + 10% transaction fee. I really don't understand why people are doing this, why not just sell it to the NPC?

And we're not talking about a few odd-balls here, we're talking hundreds of 'lowest listed' sellers for more than half of the items I tried to sell.

Stupidity, laziness, or...? :|

I give the market a good couple weeks to even out (I hope...)

hahahahahahahahaaaaaaaaaaaaaa
o god. sorry but i think you vastly underestimate the sheer amounts of retarded people out there "few"? i think not

[Casiidy]

I think you also have to realize that a lot of people just haven't been to every NPC vendor in the game. This is a brand new game, and prices will be off until everyone has had a chance to really establish what it costs to make items vs vendor prices and all that. I also agree with Starry Eyed - maybe instead of just vendoring it, someone can use it!

[Fleshgrinder]

dirkaderpa, on 05 September 2012 - 05:59 PM, said:

lol this is awesome. I like how you expected the entire population to be dumb enough to follow through.

Worked in every MMO I've ever played with a trading post/AH.

Market manipulation is not hard in MMOs as no regulations exist. There are massive guides on this subject.

[dirkaderpa]

Fleshgrinder, on 05 September 2012 - 06:01 PM, said:

Worked in every MMO I've ever played with a trading post/AH.

Market manipulation is not hard in MMOs as no regulations exist. There are massive guides on this subject.

Could you point me to some pls, I'd be very interesting in partaking in it once I hit max level. So far all I've found were some basic guides for EvE.

[Fleshgrinder]

dirkaderpa, on 05 September 2012 - 06:22 PM, said:

Could you point me to some pls, I'd be very interesting in partaking in it once I hit max level. So far all I've found were some basic guides for EvE.

They're all guides that you are "required" to pay for.

Most of them are for WoW, but their underlying philosophies can be used on any game.

The last one I personally used, and this was years ago, was known as the "Auction House Mastery" guide.