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Each new character is a completely different experience. Different classes, races, mag or stam, and roles. One day I can perma-cloak through the sewers with my magblade, dispatching any stragglers I come across. Switch to my sorc and melt through some dungeons with guildies. Maybe I need some more mats for crafting, so I switch to my stamsorc who has infinite rapids. I can use my.
Dk tank/crafter and make somebody armor.I have others. I never have to stop to swap gear. I feel I have all bases covered. Keeps things interesting for me.
few reasons,
1. storage slots
2. different class to try
3. more chances on hirelings' mails for tempors.
when making new alts, they tend to be pretty strong since they all get CP passives earned from main characters.
pros are those CP earned.
cons are relocating all the books, shards, trait researchs, stablemasters, and exploring to tag the landmarks as you go.
and one more, about the bank format, it is terrible and it is all shared. i dont like it. one mistake at crafting table and that is gone if not locked.
I'm currently leveling a new class because no matter how much I wanted to like nightblade, it just doesn't feel like it's for me. Now I'm playing a DK and loving it
Because I can and I don't need someone telling me I can't!
Variety
Knowing all class strengths and weaknesses by playing them can help you with your main build.
I have alts in all games I play. Some just pure crafting. Some are explorers, running round gathering stuff either for sale or for the craft bag. Bag mules. Testers for a particular class build. And the good old fashioned fun factor.
Funny seeing the old grey haired overweight Orc, Tubthumper, running in with his sandals on to hit someone with his stick!
Again a single character can have any and all professions in ESO
So why multiple toons ?
Builds : What do you mean by this ?
Dailies : This is nothing but gold right ?
I have 10 maxed and geared characters. That is 1 of every class both stamina amd magicka based. The level of versatility in gameplay is great. To answer your above questions.
Writs: 10 characters doing 5 writs each day will reward you with 10 times the materials and gold and recipes. Its why i have millions of gold.
Builds: using different builds and skillsets from different classes to perform the different roles for versatility and fun. Ie... stam nightblade pve dps vs mage sorc. Completely diffetent playstyle
Dailies: not just gold. Undaunted keys, recipes, gear etc. Very useful for farming monster sets. Eg. You are after a certain helmet from a pledge dungeon. You do that pledge 10 times on different characters with 10 chances at the helmet and trait you want while also earning 20 keys for shoulders instead of 2.