Zenimax owe Craglorn trade guilds money

gard · October 2016

I'm curious now after reading about all of the pain and sacrifice trade guild owners go through... How much cut from guild profits do they get? And if so much profit is being made, why do guild members have to donate to get the funds for the trader?
Seems pretty shady to me.

I only recently got into trading. After reading this thread, I feel I may have made a mistake.

Lava_Croft · October 2016

gard wrote: »

I'm curious now after reading about all of the pain and sacrifice trade guild owners go through... How much cut from guild profits doo they get? And if so much profit is being made, why do guild members have to donate to get the funds for the trader?
Seems pretty shady to me.

I only recently got into trading. After reading this thread, I feel I may have made a mistake.

If there's money involved, be it fake or real, you know what to expect.

Tryxus · October 2016

Lava_Croft wrote: »

gard wrote: »

I'm curious now after reading about all of the pain and sacrifice trade guild owners go through... How much cut from guild profits doo they get? And if so much profit is being made, why do guild members have to donate to get the funds for the trader?
Seems pretty shady to me.

I only recently got into trading. After reading this thread, I feel I may have made a mistake.

If there's money involved, be it fake or real, you know what to expect.

Mafia Practices

Tavore1138 · October 2016

gard wrote: »

I'm curious now after reading about all of the pain and sacrifice trade guild owners go through... How much cut from guild profits do they get? And if so much profit is being made, why do guild members have to donate to get the funds for the trader?
Seems pretty shady to me.

I only recently got into trading. After reading this thread, I feel I may have made a mistake.

They make 3.5% I believe - and if you look at the sort of sales numbers the big guilds do that is probably somewhere between 5-8m - from what I gather spots in the best locations can go for that and more so the GMs are probably not making much from taxes. And sales rates do drop sharply in lesser locations so a GM who consistently fails to gain a good spot may have a couple of weeks before people start to jump ship but eventually if you are in a trading location where your stuff won't sell then you will leave - so GMs have to try and stay in the best locations.

gard · October 2016

Sounds like gming a trade guild is the easiest way to make millions.

Verbalinkontinenz · October 2016

gard wrote: »

Sounds like gming a trade guild is the easiest way to make millions.

yeah, i made billionquadrizillions of gold with that. try and make your own trade guild! go for it.

Grabmoore · October 2016

gard wrote: »

I'm curious now after reading about all of the pain and sacrifice trade guild owners go through... How much cut from guild profits do they get? And if so much profit is being made, why do guild members have to donate to get the funds for the trader?
Seems pretty shady to me.

I can only speak for myself and other GMs I know. Nothing, we take nothing for ourselves. Not one copper.

The 3,5% taxes aren't enough for medium sized guilds to make profit or even get a decent trader. That's why it is necessary to ask for some donations. Yeah, it's hard work, getting up 4am every tuesday, advertising, managing guild ranks and stuff. Trust me, I didn't ask for it

clocksstoppe · October 2016

This is really awful. The most top tier guild trader in Craglorn (and in the game) got meme'd again by a *** guild. It's not only the guilds that lost a bunch from this, I was regularly using the Craglorn traders because they are simply the best ones in the game.

gard · October 2016

Grabmoore wrote: »

gard wrote: »

I'm curious now after reading about all of the pain and sacrifice trade guild owners go through... How much cut from guild profits do they get? And if so much profit is being made, why do guild members have to donate to get the funds for the trader?
Seems pretty shady to me.

I can only speak for myself and other GMs I know. Nothing, we take nothing for ourselves. Not one copper.

The 3,5% taxes aren't enough for medium sized guilds to make profit or even get a decent trader. That's why it is necessary to ask for some donations. Yeah, it's hard work, getting up 4am every tuesday, advertising, managing guild ranks and stuff. Trust me, I didn't ask for it

Seems like it would help if you had the ability to set the tax rate. That way you could get the funds for your trader without raffles and donations and such.

This is going way off topic though. Sorry about that.

Verbalinkontinenz · October 2016

u can see it.... O.O

go in sales history of the guild, or use awesome guildstore. dunno.

but that gm get rich by their guild is a prejudice, there might be some black sheeps outside, but most i know are willing to give every week into guild and also are doing that.

wenchmore420b14_ESO · October 2016

Grabmoore wrote: »

gard wrote: »

I'm curious now after reading about all of the pain and sacrifice trade guild owners go through... How much cut from guild profits do they get? And if so much profit is being made, why do guild members have to donate to get the funds for the trader?
Seems pretty shady to me.

I can only speak for myself and other GMs I know. Nothing, we take nothing for ourselves. Not one copper.

The 3,5% taxes aren't enough for medium sized guilds to make profit or even get a decent trader. That's why it is necessary to ask for some donations. Yeah, it's hard work, getting up 4am every tuesday, advertising, managing guild ranks and stuff. Trust me, I didn't ask for it

Actualy, it's only 3% I believe. @gard , you have it so wrong. As GM, I don't make money from my guild, as a matter of fact I give a avarage of 50-100k a week or so TO the guild. @Grabmoore nailed it. Get up for trader bid times, recruit new ppl with your play time, schedule events, manage guild bank, spend hours a wk dealing with getting a trader, then losing trader, etc.
If you really think being a GM is a easy way to get rich, start one. It's easy. Good luck ..

Lumbermill_Emperor · October 2016

but i know few GMs who was banned for goldselling...

Legedric · October 2016

Just a simple example.

I am in three of what I would call larger Craglorn trade guilds on PC/EU and here are some numbers from last week:

Guild 1 had about 108m Gold in sales which results in a tax of approx. 3.8m.
Guild 2 had about 57m Gold in sales which results in a tax of approx. 2m.
Guild 3 had about 50m Gold in sales which results in a tax of approx. 1.8m.

So on PC/EU a bid for a Craglorn trader easily costs 5+ milion per week on average, not taking "war" bids into account that are placed every now and then to outbid opposing guilds.

Can one of those guys yelling "Look at how rich you became because you are leading a trade guild!" please explain to me how a guild leader would get rich by this?
It is a matter of fact that mosts guilds on PC/EU wouldn't even be able to survice without donations from their members and huge financial support by their leaders.
Yes, many trade guild GMs are rich, but that's because they are usually also good traders and not because they are sitting there withdrawing money from the guild deposit...

gard · October 2016

Legedric wrote: »

Just a simple example.

I am in three of what I would call larger Craglorn trade guilds on PC/EU and here are some numbers from last week:

Guild 1 had about 108m Gold in sales which results in a tax of approx. 3.8m.
Guild 2 had about 57m Gold in sales which results in a tax of approx. 2m.
Guild 3 had about 50m Gold in sales which results in a tax of approx. 1.8m.

So on PC/EU a bid for a Craglorn trader easily costs 5+ milion per week on average, not taking "war" bids into account that are placed every now and then to outbid opposing guilds.

Can one of those guys yelling "Look at how rich you became because you are leading a trade guild!" please explain to me how a guild leader would get rich by this?
It is a matter of fact that mosts guilds on PC/EU wouldn't even be able to survice without donations from their members and huge financial support by their leaders.
Yes, many trade guild GMs are rich, but that's because they are usually also good traders and not because they are sitting there withdrawing money from the guild deposit...

It could be that they are great traders. I hope that's the case. Or the explanation that you call for could be that raffles, donations, etc. are unaccountable.
I'm not accusing anybody. But the potential for abuse exists and human nature is what it is.

Verbalinkontinenz · October 2016

Lumbermill_Emperor wrote: »

but i know few GMs who was banned for goldselling...

but beeing gm of a trading guild doesnt stop anyone from making gold by his own. as said, yes, i also met a few black sheep meanwhile. there are...exactly...2. one still playing, one not actively playing anymore, who use gold from their guild bank for own purposes, the meanwhile inactive player also sold gold. and one gm who at least sold his own gold, not guilds gold - also not active anymore.

these are too few out of so many people more i know, who would never do such stuff, even of former "rival" guilds, where i know they wouldnt ever do such things. u cannot transfer hearsay to something, which happens everywhere and a recipe how u get rich in eso. u wont get rich by gming a trading guild, it also might eat up some of your gold, depending on situation.

´Yes, many trade guild GMs are rich, but that's because they are usually also good traders and not because they are sitting there withdrawing money from the guild deposit...

in the end thats it. its not hard to sell for 5m each week.

I'm not accusing anybody. But the potential for abuse exists and human nature is what it is.

every member is able to check, wether something like that happens in his guild.

baratron · October 2016

gard wrote: »

Legedric wrote: »

Just a simple example.

I am in three of what I would call larger Craglorn trade guilds on PC/EU and here are some numbers from last week:

Guild 1 had about 108m Gold in sales which results in a tax of approx. 3.8m.
Guild 2 had about 57m Gold in sales which results in a tax of approx. 2m.
Guild 3 had about 50m Gold in sales which results in a tax of approx. 1.8m.

So on PC/EU a bid for a Craglorn trader easily costs 5+ milion per week on average, not taking "war" bids into account that are placed every now and then to outbid opposing guilds.

Can one of those guys yelling "Look at how rich you became because you are leading a trade guild!" please explain to me how a guild leader would get rich by this?
It is a matter of fact that mosts guilds on PC/EU wouldn't even be able to survice without donations from their members and huge financial support by their leaders.
Yes, many trade guild GMs are rich, but that's because they are usually also good traders and not because they are sitting there withdrawing money from the guild deposit...

It could be that they are great traders. I hope that's the case. Or the explanation that you call for could be that raffles, donations, etc. are unaccountable.
I'm not accusing anybody. But the potential for abuse exists and human nature is what it is.

Any member of a Guild can check the Guild Bank history. You can *see* if your GM is running off with the Guild's money.

Most Guilds on PC NA use Guild Bank deposits for raffle entry now. This way, every member of the Guild can see who entered and how much gold they contributed. Larger guilds use an addon to count up raffle tickets per person, and I believe even to do the draw in game. I can't speak for how it is on other servers, but certainly all of the guilds I'm aware of favour transparency.

wenchmore420b14_ESO · October 2016

The way I do raffles is....
I make a physical, on paper, spread sheet with each guildies name and the amount of tickets they purchased, per ticket, in order, and assign a raffle number. Example: Ted the Tank deposits 5k for 5 tickets, his tickets will be 1, 2, 3 etc. Next guildie will get ticket 6, 7, etc.
For drawing I use a Random Number Generater ( https://www.random.org/), enter total number of tickets sold, and draw winners. I take a screen shot of the results, then find who has the winning numbers and announce it in chat with name and ticket number. I then post screen shots on our website if anyone wish's.
As far as a GM getting rich, yes, the possibility is there, but as all guild members can see it in history, they won't do it for long as everyone would quit. So PLEASE, stop making trade guilds sound like a mafia based origination.
Huzzah!!