hmsdragonfly wrote: »hmsdragonfly wrote: »If his target audience are newbies in a starter zone, it looks predatory to me too, since new players are typically saving up for their first mount/gear set/etc and generally unaware of how much money they can get for something. For a new, uninformed player, selling a Nirnroot for 100 gold, or a Kuta for 1k, or a Tempering Alloy for 4k will look like a good trade.In my experience, most are fully aware that they are not receiving top price. I think many have gone that route before and find it to be tedious. There are a variety of reasons why a player may not want to be in a trade guild. Selling via zone chat is probably not enjoyable to most people.
If people on zone chat point out how much the newbies can get for those things, new players can make an informed decision to sell to the OP, or sell elsewhere. Or keep for later (I never sell my alloys, and only sell Kuta if I have more than a stack).
While I do not agree with insults or name-calling, I would join the zone chat people helping new players realise the value of their loot. If I see this kind of thing in Reapers March, Craglorn, or another higher level zone I'd assume the players there have more of an inkling to the value or their stuff (and I usually turn chat off in those areas anyway).
Trying to buy things from newbies at a real low price to turn a profit is not forbidden, and does not constitute a scam, I just find it morally wrong. Different people have different morals though.
I will often sell stuff on guild traders at MM blue or purple price ranges just to make a quick sale, but I've been playing for over 3 years and don't really need gold anymore. The new players' experience is vastly different.
I advertise in EVERY zone. I do not target any group specifically. I have no problem with people saying what things are worth. However, I must ask:does wal-mart list what they paid the Chinese factories for their stock, next to the price we pay? The bottom line is that I just don't like people assuming I'm trying to cheat or scam anyone. I'm buying low and selling high like all good businesses do.
Walmart knows how to run a successful business. Your business practice has something to be desired, because it looks like you are not much successful with the way you handle your business.
Here are some tips: for things that sell well (raw mats, gold tempers, alchemy ingredients), buy anything that is 10% under MM. Not many people are unaware enough to sell you alchemy ingredients at 60% of MM, especially if your ads literally say "WTB ingredients at 60% MM". The flow of money is utmost important.
And no, what you are doing isn't wrong, it's just not really effective.
What makes you say I'm not successful?. . I make 200-500k a day. That is during the week. I make millions on weekends.The point of the thread is not a lack of profit its a lack of respect from people in zone.. As stated above I do not say 60% in zone. I name individual prices. I only mentioned the 60% (I pay 65% on bulk) in here for the sake of discussion. However, i do appreciate the advice and tips on what sells.
PC EU or PC NA?
I don't believe that you can make 500k profit a day just from buying alchemy reagents at 60% from zonechat and resell them at full price, especially when people constantly spam MM and flame you. You can make that much of money through trading in general, but the question is, how much those 60% trade deals contribute to your total income?
Whether or not you believe me is irrelevant to the fact that it is true. There are people smart enough to know how business works and that want to sell in bulk. They don't believe every flaming troll comment they read.
You also have to keep in mind that MM prices for alchemy mats are generally deflated by a low sales points. Usually by a lot. MM says one price, but when you as a buyer try to buy it, good luck finding any reasonable quantity at those MM prices. Most of the time, what I can find is 50% higher than MM.
So MM in this case isn't even the true market value. The true market value--what the typical buyer can expect to pay if they want to buy enough mats to make a stack or two--is much higher than what MM indicates. And then this "reseller" is buying them for a fraction of the already-lower-than-actual-value MM.
Well, if you can find people who have large stockpiles of these mats and no idea what they could really fetch, then consider yourself lucky. I still see it as predatory.
And every time I see someone--whether its the OP or anyone else--in zone chat advertising to buy for a predatory price that's ridiculously low, I will immediately offer to buy at MM so people (1) know that it's worth more and (2) if they do agree to sell to me, then that's a nice win since finding these reagents in reasonable quantities at actual MM is nigh impossible.
So 35% profit is an outrageous predatory price? You have a lot to learn about business if you believe that. It is barely an acceptable risk on my part, since i have no guarantee that they will sell. If you wanna list MM prices for every re-seller you see because you are the "price police" and have decided what is"fair" and what isn't . . . go ahead. Since MM is only representative of the 5 guilds you are in, ill just list my Own MM prices which are usually 20% less than the big guilds.
hmsdragonfly wrote: »@Almar they are just jealous that they are not smart enough to play the market. Playing the market is a component of this game. Just ignore them.
I have ran into a couple of people like that myself, they are unworthy of our attention.
A guild leader in one of my guilds even threatened to kick me out over not paying MM for everything!
I offer to buy reagents in bulk at 60% of their value. I have done this same basic thing, with various items, on every MMO I’ve ever played. As well as in the drugstore my wife and I own in real life. Our candy, soda, homeopathy and many other products are bought from distributors at about that rate.
Until I started playing ESO I never had a problem with it. Suddenly in this game people in the zones have become crusaders against re-sale profit! I get threats insults profanity, accusations, and more. All because I’m offering less than MM.
Is there no free market in this game? Where is the hidden code that says everything must be sold for MM prices only? Why is this the first game where re-sale sparks such outrage?
I wonder do all these offended people charge into retails stores around the world and demand that THEY start paying retail prices for their stock and make 0 profit?
Do they go around in game to all the traders I see that have items listed for up to 1000% over MM and cry to those sellers? I mean since they are so dedicated to making sure there is NO profit in the game why stop with me?
Looking for opinions on this.
MLGProPlayer wrote: »The people who get triggered by this behaviour are the same people who can't even afford a small house because they don't know how to make money.
Flipping is part of the game. Mind your own business.
What makes you say I'm not successful?. . I make 200-500k a day. That is during the week. I make millions on weekends.The point of the thread is not a lack of profit its a lack of respect from people in zone.. As stated above I do not say 60% in zone. I name individual prices. I only mentioned the 60% (I pay 65% on bulk) in here for the sake of discussion. However, i do appreciate the advice and tips on what sells.
AhPook_Is_Here wrote: »I offer to buy reagents in bulk at 60% of their value. I have done this same basic thing, with various items, on every MMO I’ve ever played. As well as in the drugstore my wife and I own in real life. Our candy, soda, homeopathy and many other products are bought from distributors at about that rate.
Until I started playing ESO I never had a problem with it. Suddenly in this game people in the zones have become crusaders against re-sale profit! I get threats insults profanity, accusations, and more. All because I’m offering less than MM.
Is there no free market in this game? Where is the hidden code that says everything must be sold for MM prices only? Why is this the first game where re-sale sparks such outrage?
I wonder do all these offended people charge into retails stores around the world and demand that THEY start paying retail prices for their stock and make 0 profit?
Do they go around in game to all the traders I see that have items listed for up to 1000% over MM and cry to those sellers? I mean since they are so dedicated to making sure there is NO profit in the game why stop with me?
Looking for opinions on this.
Anyone against capitalism should be jailed. We live in a democracy. I support your activity and and I'm sure others do. You have to understand people don't come out of the woodwork to praise Walmart, but people love Walmart, that's why it's stock has such a good valuation relative to other stocks in the retail sector. Keep up the good work and don't be ashamed to gouge, it's what makes room for competition!

There is no "free market" in Eso. The guild trader system is *** terrible and causes extortion, exclusivity and elitism. They need to do away with blind bids and post on the guild screen what each trader bid cost, every week.....
You also have to keep in mind that MM prices for alchemy mats are generally deflated by a low sales points. Usually by a lot. MM says one price, but when you as a buyer try to buy it, good luck finding any reasonable quantity at those MM prices. Most of the time, what I can find is 50% higher than MM.
So MM in this case isn't even the true market value. The true market value--what the typical buyer can expect to pay if they want to buy enough mats to make a stack or two--is much higher than what MM indicates. And then this "reseller" is buying them for a fraction of the already-lower-than-actual-value MM.
Well, if you can find people who have large stockpiles of these mats and no idea what they could really fetch, then consider yourself lucky. I still see it as predatory.
And every time I see someone--whether its the OP or anyone else--in zone chat advertising to buy for a predatory price that's ridiculously low, I will immediately offer to buy at MM so people (1) know that it's worth more and (2) if they do agree to sell to me, then that's a nice win since finding these reagents in reasonable quantities at actual MM is nigh impossible.
So 35% profit is an outrageous predatory price? You have a lot to learn about business if you believe that. It is barely an acceptable risk on my part, since i have no guarantee that they will sell. If you wanna list MM prices for every re-seller you see because you are the "price police" and have decided what is"fair" and what isn't . . . go ahead. Since MM is only representative of the 5 guilds you are in, ill just list my Own MM prices which are usually 20% less than the big guilds.
ROTFL. If you're like the people I've seen in zone chat, then we're looking at Corn Flower for 120g each? MM is something in the ballpark of around 200g for me (and 120 is, conveniently, 60% of 200), but in reality, if you want to buy it for any significant quantity from the guild stores, you're looking at 300g. "35% profit"? LOL, you keep digging.
And I'm not the "price police". I'm not telling people to not sell to predatory players. I'm just telling people that they are getting ripped off because it's worth more and, to back that up, I'm offering people a chance to sell for a lot more than what the predator is offering. It's up to them what they do with that information and offer. Hey man, it's just business. I'm not "price policing". I'm outbidding predators like you (and getting a good deal myself since, again, finding these things for 200g is actually quite difficult). What, you don't like it when people offer to pay more than your ridiculous prices? Or does your free-market ethos not include the concept of competition? You're hilarious.
It looks like another "Ban (specific type) addons! It ruins my gameplay!" thread, really.I offer to buy reagents in bulk at 60% of their value. I have done this same basic thing, with various items, on every MMO I’ve ever played. As well as in the drugstore my wife and I own in real life. Our candy, soda, homeopathy and many other products are bought from distributors at about that rate.
Until I started playing ESO I never had a problem with it. Suddenly in this game people in the zones have become crusaders against re-sale profit! I get threats insults profanity, accusations, and more. All because I’m offering less than MM.
Is there no free market in this game? Where is the hidden code that says everything must be sold for MM prices only? Why is this the first game where re-sale sparks such outrage?
I wonder do all these offended people charge into retails stores around the world and demand that THEY start paying retail prices for their stock and make 0 profit?
Do they go around in game to all the traders I see that have items listed for up to 1000% over MM and cry to those sellers? I mean since they are so dedicated to making sure there is NO profit in the game why stop with me?
Looking for opinions on this.