What should I use for pricing?

PieMaster1

I just started getting into the guild trader system and it's more difficult than I thought. I use the TTC addon that tells you the average price range.

For a few days now, most of my items have not sold at all despite being a few gold below the minimum range number. I even went to zone chat and wanted to sell my pewter stack for 80k (thats 10k lower than the tooltip minimum), and got laughed at by a few people lol. They told me that no one uses tooltip anymore and to just use the TTC website. Tried selling dhufish in a 100 stack for 70k, nothing at all in trader for several days.

The problem is, on the website itself I see people selling mats for as low as 50 gold per. In my opinion that's not even worth the effort/time it took me to farm those mats after the fees. Is there some other way to figure out a true average or selling point? I just want to make money lol but not peanuts either

Is the only real method to sell rare items? I tried doing that but after skinning 300 fish and not one perfect roe, i gave up on the yellow item grind lol

Soarora

It might not be your prices-- it might be the trader. If your trader is in the middle of nowhere, especially if it's in an outlaws refuge, people are only going to go to it if they see a deal on the ttc website. If your trader is in a popular town then you're more likely to get people just walking around buying things. Thus, you have to price low and sell popular items if your trader is bad while you can price high with a good trader.

PieMaster1

Soarora wrote: »

It might not be your prices-- it might be the trader. If your trader is in the middle of nowhere, especially if it's in an outlaws refuge, people are only going to go to it if they see a deal on the ttc website. If your trader is in a popular town then you're more likely to get people just walking around buying things. Thus, you have to price low and sell popular items if your trader is bad while you can price high with a good trader.

Really? I was just assuming that everyone on PC uses TTC because of how easy it is to find the lowest prices and that location didn't matter...Welp guess it's time to buy into a big time trader guild

So basically it's like when I played ff14..take advantage of people's laziness? lol hey if they think "convenience" is worth a 250% upsell that's their problem haha

phaneub17_ESO

I almost never go to the lone traders unless I happen to pass by while doing something else. Always go to where they are clumped together in 4-6 packs. The extra travel is rarely worth it.

Soarora

CreamedPieYum wrote: »

Soarora wrote: »

It might not be your prices-- it might be the trader. If your trader is in the middle of nowhere, especially if it's in an outlaws refuge, people are only going to go to it if they see a deal on the ttc website. If your trader is in a popular town then you're more likely to get people just walking around buying things. Thus, you have to price low and sell popular items if your trader is bad while you can price high with a good trader.

Really? I was just assuming that everyone on PC uses TTC because of how easy it is to find the lowest prices and that location didn't matter...Welp guess it's time to buy into a big time trader guild

So basically it's like when I played ff14..take advantage of people's laziness? lol hey if they think "convenience" is worth a 250% upsell that's their problem haha

I used to use the website for everything but it becomes a painful adventure of travelling repeatedly to traders that have already sold the item, while wandering around in towns I can pick up reasonably priced items I wouldn’t even think about looking up. So, I only use the website for items I’m looking for specifically or expensive items.

Fortunately, it’s not hard to get into a good trade guild. I’m in several with great locations and no dues, just gotta have enough to sell.

Danikat

Some people will go to whichever trader has the item/s they want, others will only go to places there's several clustered together or even have their personal favourite shopping area and buy from whichever guild has claimed those traders this week.

TTC prices are generally accurate for what's available at guild traders but you do have to bear in mind the price isn't the whole picture. I often sell spare crafting materials and I'd say pewter is the one I'm most likely to get back as unsold even when I list it below the recommended price, because there's just not that much demand for it. Most people will level jewellery crafting past the point where they need it relatively quickly, and don't bother making low level jewellery to use so there's not as much demand as for other materials, even low level ones.

Low level provisioning recipes, especially the ones required for daily writs and jewellery master writs are the other things I often put up for sale and often get back as unsold. The provisioning recipes drop from daily writs so the supply far exceeds the demand and the jewellery writs are usually more expensive per voucher than ones for other crafts, so they're not worth doing unless you have gold to waste and really want the vouchers.

You also have to bear in mind that people buying in zone chat are likely hoping for a discount compared to guild trader prices, in return for the convenience of being able to sell without having to deal with a trading guild.

Although there's also people who will try to trick and/or intimidate people into selling for less than an item is worth, or buying for more, counting on people using zone chat being newer or less experienced and not knowing the actual value of items. I think it's less common in that game (possibly because addons can give accurate info quickly) but some players would stage whole conversations to trick people who overhear into thinking they're getting a good deal.

Scammer 1: "WTS 50 McGuffins - 10k each"
Scammer 2: "Hey man, don't throw your loot away like that! If you go to [DLC zone] you can sell McGuffins for like 50k each!"
S1: "what really?"
S2: "Since the last update everyone wants McGuffins for [obscure/made-up mechanic or farming method]"
S1: "idk man, I don't have the new dlc yet. I just wanna sell them, I'll take 10k if I can sell them now"
Target player, who saw all this in chat and has access to the DLC: "I'll buy 10"

Later Target Player goes to sell or use the McGuffins and discovers they're worth 1/2 what he paid, if he's lucky. Meanwhile the 2 scammers use some of the money to buy a fresh batch, split the profits and do it again in another starter zone.

PieMaster1

Danikat wrote: »

but some players would stage whole conversations to trick people who overhear into thinking they're getting a good deal.

Scammer 1: "WTS 50 McGuffins - 10k each"
Scammer 2: "Hey man, don't throw your loot away like that! If you go to [DLC zone] you can sell McGuffins for like 50k each!"
S1: "what really?"
S2: "Since the last update everyone wants McGuffins for [obscure/made-up mechanic or farming method]"
S1: "idk man, I don't have the new dlc yet. I just wanna sell them, I'll take 10k if I can sell them now"
Target player, who saw all this in chat and has access to the DLC: "I'll buy 10"

Later Target Player goes to sell or use the McGuffins and discovers they're worth 1/2 what he paid, if he's lucky. Meanwhile the 2 scammers use some of the money to buy a fresh batch, split the profits and do it again in another starter zone.

So..basically they are roleplaying Saul Goodman and his girlfriend?

ZOS_Icy

Greetings,

After further review we have decided to move this thread to a category we think is more appropriate for this topic.

Thank you for your understanding.

Jierdanit

CreamedPieYum wrote: »

Soarora wrote: »

It might not be your prices-- it might be the trader. If your trader is in the middle of nowhere, especially if it's in an outlaws refuge, people are only going to go to it if they see a deal on the ttc website. If your trader is in a popular town then you're more likely to get people just walking around buying things. Thus, you have to price low and sell popular items if your trader is bad while you can price high with a good trader.

Really? I was just assuming that everyone on PC uses TTC because of how easy it is to find the lowest prices and that location didn't matter...Welp guess it's time to buy into a big time trader guild

So basically it's like when I played ff14..take advantage of people's laziness? lol hey if they think "convenience" is worth a 250% upsell that's their problem haha

I'm usually mostly going to buy common stuff like mats in whatever city my char is in, which usually tend to be things like alinor, mournhold etc.

Basically only use TTC if I'm looking for something more rare that isn't available in the big hubs or is super overpriced.
But usually I'll pay the extra 5 - 10% for the convenience to not have to move so much.

Also for selling stuff ttc is only really accurate for stuff that sells a lot because the ttc data is taken from stuff on the guild traders, not from stuff that has been sold.

So if you have rare stuff with only like 10 things in guild stores and you got like 3 things that are way overpriced it's gonna bring the average way above the price the stuff is gonna actually be sold for, even if no one is ever going to buy the overpriced ones.
While mats for example with thousands sales a day are very unlikely to be far off.

tincanman

Use arkadius trade tools (ATT) add-on, not ttc (other than website) for setting prices. But your add-ons are only as good as your guild sales data. Some guilds will post their att data for multiple 'major' trade guilds to their discord so newer or more 'casual' traders can instantly get up to speed with pricing.

Your greatest allies - and competition - are your fellow guildies. Ask in guild chat, and definitely check what prices are listed in your guild for stuff you intend to sell. If looking for a quicker sale it's ok to undercut a bit but you won't be popular in your guild(s) if you savage the pricing of your guildies regularly.

As others have said, if your guild trader spot is hard or slow to access then you'll have to drop your prices to entice bargain hunters. If you're regularly exceeding quotas in such a smaller trade guild look to upgrade to one with a better location.

Necrotech_Master

you can use multiple price tracking tools too, they dont conflict with each other

TTC is better if the guilds your in dont sell a lot, arkadius and/or master merchant are better if you have at least moderate volume trade guilds (i prefer arkadius over master merchant because master merchant is so bloated and slow and they do basically the same thing)