the economy of this game is a bit, of a problem

Playboy_Shrek · July 2020

honestly. unless your selling mother sorrows or jewlery for people to decon, don't even bother with guild stores. nothing sells, I literally started giving up all the recipes and furnishing plans for free, and for everything else, mats etc, I'd just sell them at a way lower price in zone chat. every guild store is full of stuff, the game is giving away way too much of everything common and half common. mats are far too plentiful and I suspect its the surveys people get from master writs. yeah I know this event also causing problems but honestly I farmed for a long time and rarely saw anyone. mind you still you won't get all that much compared to master writs.

Ratinira · July 2020

If nothing is sold in your guild then maybe you should join a guild with a trader... 🤔

Asardes · July 2020

I'm in 3 guilds on PC EU and one on PC NA and I've had very little issue selling various items. I just check the prices in TTC MM or ATT addons before I list. On EU I have even close to 100% refresh rate per day for inventory.

Playboy_Shrek · July 2020

Asardes wrote: »

I'm in 3 guilds on PC EU and one on PC NA and I've had very little issue selling various items. I just check the prices in TTC MM or ATT addons before I list. On EU I have even close to 100% refresh rate per day for inventory.

tbh I do even selling mats lower than ttc significantly. I just sell in zone chat now. a lot of my friends are basically just selling MS and thats it. despite having tons of mats

heaven13 · July 2020

Playboy_Shrek wrote: »

honestly. unless your selling mother sorrows or jewlery for people to decon, don't even bother with guild stores. nothing sells, I literally started giving up all the recipes and furnishing plans for free, and for everything else, mats etc, I'd just sell them at a way lower price in zone chat. every guild store is full of stuff, the game is giving away way too much of everything common and half common. mats are far too plentiful and I suspect its the surveys people get from master writs. yeah I know this event also causing problems but honestly I farmed for a long time and rarely saw anyone. mind you still you won't get all that much compared to master writs.

You don't get surveys from master writs.

Vanagrand · July 2020

I did 720k last week just by telvars and bgs motifs and some random items. You are doing something wrong.

Magdalina · July 2020

Why do you view mats as the one prime trading point though? Max level mats used to be scarce, but these days are long gone. You can still sell sets (no, MS isn't the only set that sells, though of course you can't just take a random set out of the 65267842 sets we have and try to sell it, you gotta check the market prices and see if it's sought after), motifs, rare recipes, rarer mats (nirncrux, perfect roe, rare style/jewelry trait mats, some herbs, gold mats, etc), rare furnishings...

Tranquilizer · July 2020

Playboy_Shrek wrote: »

Asardes wrote: »

I'm in 3 guilds on PC EU and one on PC NA and I've had very little issue selling various items. I just check the prices in TTC MM or ATT addons before I list. On EU I have even close to 100% refresh rate per day for inventory.

tbh I do even selling mats lower than ttc significantly. I just sell in zone chat now. a lot of my friends are basically just selling MS and thats it. despite having tons of mats

No offense, but are you sure your guild has a trader ? My main pve guild once lost the trader for one week and I didn't notice that. Was wondering why nothing had been sold. One week later the trader was back and my stuff was sold in two days.

Also, I once listed my stuff in my pvp guild by accident, which never had a trader.

Lake · July 2020

What? I'm surprised how much junk I manage to sell even in casual guilds with traders in the middle of nowhere. Thank god for TTC.

Asardes · July 2020

Playboy_Shrek wrote: »

Asardes wrote: »

I'm in 3 guilds on PC EU and one on PC NA and I've had very little issue selling various items. I just check the prices in TTC MM or ATT addons before I list. On EU I have even close to 100% refresh rate per day for inventory.

tbh I do even selling mats lower than ttc significantly. I just sell in zone chat now. a lot of my friends are basically just selling MS and thats it. despite having tons of mats

Well maybe your guild is bad, and has a trader in a really hard to find location or none at all. If that guild can't find a decent spot or loses trader frequently it means it's bad, just find another one. In my first year and a half, maybe 2 years in game I was just dumping trade guilds like they were dirty socks for under-performing. The only guild I've kept from back then is PVT because it's competently run. I can count maybe 5-6 weeks since I joined when it didn't manage to secure the usual spot in Belkarth. Right now I'm actually holding on to a lot of gold upgrade materials since the prices are lower than usual so my sales are not great. I'm selling maybe 400-450k/week/guild.

Nestor · July 2020

Have you tried listing things for a price people will be willing to pay?

agegarton · July 2020

Playboy_Shrek wrote: »

honestly. unless your selling mother sorrows or jewlery for people to decon, don't even bother with guild stores. nothing sells, I literally started giving up all the recipes and furnishing plans for free, and for everything else, mats etc, I'd just sell them at a way lower price in zone chat. every guild store is full of stuff, the game is giving away way too much of everything common and half common. mats are far too plentiful and I suspect its the surveys people get from master writs. yeah I know this event also causing problems but honestly I farmed for a long time and rarely saw anyone. mind you still you won't get all that much compared to master writs.

I'm not completely sure what point you're trying to make, but it looks as though you need a supportive Trade guild (with a trade kiosk) as one of your 5 guilds. I say supportive because you'll need help getting your pricing right and learning what items sell best, etc.

the Summerset event is really not impacting the economy at all - the rewards for this event aren't sufficient to move the needle I'm afraid.

In my trade guild (PC/EU), I have people selling literally 4-5 million each week, people selling 5-10k each week, and everything in between. It is possible to sell 50-100k per week without even trying - you just need the right environment and a bit of help to get you started.

If you're on PC/EU look me up (@agelonestar). If not, go to the guild finder and get yourself a casual, support trade guild with a kiosk in an area that people actually visit.

Good luck !

EvilAutoTech · July 2020

I'm down to just one guild with a trader (in Riften) and make between 100k and 500k per week in sales. I actually have trouble keeping my slots full sometimes because my stuff sells so fast. I haven't sold mats in more than 2 years.

You just have to pay attention to what is hot and list it at a competitive price.

Asardes · July 2020

EvilAutoTech wrote: »

I'm down to just one guild with a trader (in Riften) and make between 100k and 500k per week in sales. I actually have trouble keeping my slots full sometimes because my stuff sells so fast. I haven't sold mats in more than 2 years.

You just have to pay attention to what is hot and list it at a competitive price.

Yep, due to TTC the 2nd tier trading locations aren't as bad as they used to be. I always browse those for better deals when looking for motifs and more specific gear that's not exactly FOTM and usually I'm not disappointed. Even some of my guilds have been occasionally displaced from Belkarth, Vivec, Mournhold, Elden Root, where they usually are, to Solitude, Riften, Windhelm or Skywatch and still managed 100m+ in sales that week - they normally do 250-300m in their usual spot but still, it wasn't a disaster.

Flaminir · July 2020

As long as your guild has a trader in a zone major city then it all comes down to what price you post things at.

If you price correctly most things sell.

And most of the time when you look at the items people post when they have poor sales they are all poorly priced.

Don't try and get top top price... shift things quicker, you'll make far more gold in the long run.

Red_Feather · July 2020

I just sell purple motifs and yellow crafting materials. I give away anything else I don't want to keep for myself. Because of the way the game handles selling it is not worth the hassle.

SeaGtGruff · July 2020

Disclaimer: I rarely sell stuff, so the following suggestions are definitely not from personal experience.

(1) You might need to make sure that the guilds you're selling through have a trader.

(2) Assuming they do have a trader, make sure they're updating their inventory to Tamriel Trade Centre, or do it yourself.

(3) Before you slap a price on the stuff you want to sell, check out the current selling prices for it-- not the asking prices.

(4) If you want it to sell, set a price that's below the average selling price.

(5) If the low end of the selling price range is much lower than the average, set a price closer to the low end than to the average.

(6) If you're selling common stuff, be prepared for it to not sell, especially if people can easily farm it themselves.

(7) See if you can find out what stuff is currently in demand, and sell that stuff if you can.

(8) If you're selling dropped gear, consider improving its quality before putting it up for sale.

(9) If you're selling stuff that NPC merchants sell, don't try to sell it for more than the NPCs charge.

Tandor · July 2020

You don't really have an economy in a game where the trading system is restricted to a certain number of players and largely dependent on third party tracking systems. The high level players, especially the elite ones, use the guild stores to buy and sell between each other and most other players decon, sell to NPCs, or gift surplus items to friends and guildies, or just switch the items between their own characters.

Ratinira · July 2020

Tandor wrote: »

The high level players, especially the elite ones, use the guild stores to buy and sell between each other and most other players decon, sell to NPCs, or gift surplus items to friends and guildies, or just switch the items between their own characters.

Wow, I am an elite player. Suddenly. That's nice

Asardes · July 2020

The main problem with the trading system nowadays if that some try hard players use IRL money to buy crowns, then sell them for gold and artificially inflate the price for some of the prime spots. I mean they just troll, since their guilds are crap, they barely sell 50m/week in Mournhold for example, and wouldn't survive without that hefty subsidy. There is actually a way to buy really cheap crowns from other countries, where they sell very cheap. People just buy them at 1/10 of the rate they go for in the EU or US and then use them as leverage.

kargen27 · July 2020

Tandor wrote: »

You don't really have an economy in a game where the trading system is restricted to a certain number of players and largely dependent on third party tracking systems. The high level players, especially the elite ones, use the guild stores to buy and sell between each other and most other players decon, sell to NPCs, or gift surplus items to friends and guildies, or just switch the items between their own characters.

We have a stable economy that works very well. Inflation is kept in check meaning the average player can afford anything they need and a lot of what they want. The diversity keeps players from cornering the market on rare items.

There is room for improvement with the trading system and a couple of the add-ons should become base game. I would also like to see one more trader put in a location that has only one trader to include more players. The economy though is strong.

volkeswagon · July 2020

I have no problem making money. You need good trader locations and you need to sell stuff people want and at competitive prices. You have to adapt your pricing based on supply and demand

Hapexamendios · July 2020

I'm actually surprised by how much intricate stuff sells. I sell between 10-15 a day.

Guyle · July 2020

Is it possible that this is an issue where they dont understand that a guild store is not the same as a trader?

Narvuntien · July 2020

Not a lot sells, but I get rid of it for 2 months (one month on a trader and one month in mail) until I have to deal with it again.

My guilds keep losing their traders, they have traders when I join but eventually, they fail a bid and may never win one again.

The system is good in that it prevents inflation, mostly there is actually deflation, MMO economies where money grows in zombies have a habit of becoming unbalanced so far ESO has handled it well.

SamanthaCarter · July 2020

I did 23 000 k last Week

AOECAPS · July 2020

Made over 800k since Saturday

DaveMoeDee · July 2020

Playboy_Shrek wrote: »

honestly. unless your selling mother sorrows or jewlery for people to decon, don't even bother with guild stores. nothing sells, I literally started giving up all the recipes and furnishing plans for free, and for everything else, mats etc, I'd just sell them at a way lower price in zone chat. every guild store is full of stuff, the game is giving away way too much of everything common and half common. mats are far too plentiful and I suspect its the surveys people get from master writs. yeah I know this event also causing problems but honestly I farmed for a long time and rarely saw anyone. mind you still you won't get all that much compared to master writs.

Interesting. I have been holding on to a ton of furnishing plans from 2 jubilees. I used all the greens last week for crafting inspiration on alts. Seemed better than the negligible gold from selling. Started using some cheaper blues and purples for inspiration too. Then I decided to see what they would get in guild store. Everything is selling fast. I started with a lot of 500g blues, but started listing some at 2k, 5k, and a few 10k. They all seem to be selling. I will list a full 30 this evening at less bargain basement prices.

That guild store is in a good location though and the guild is full of people really into housing, so that might be helping. Perhaps your inventory of things to sell is smaller so you need a higher return to make it feel worth it. I have 18 characters that all took part in the jubilee and 15 that took part the previous jubilee and a backlog of loot to sell as I was too lazy to sell it last year (after waiting for a few months to pass post jubilee). I've been just dumping gold in guild bank to not get booted due to laziness in selling and due it also being a great social guild, but prices rebound some a few months after Jubilees.

I do miss the windfalls from the first two jubilees. I would agree that mats are far less variable now that writs have become more self-sufficient, to the point where style mats don't immediately run out during jubilee and I no longer try to flip jute for obscene prices during jubilee. Maybe 3 jubilees ago I grabbed all the below market Jute I could find before jubilee and flipped them for ridiculous prices. I didn't bother the past 2 years, and noticed this year that my I seemed to have a net increase in jute during jubilee. Outfit system hurt the price of style mats. Housing seems to drive style mat prices more than gear crafting these days, so that helps, but I can't say for sure as someone who doesn't really care how gear looks and who doesn't craft furniture.

Inaya · July 2020

As with any economy you have to know what sells and where. What might sell for 10k in Vivec may sell for 8k in Sentinel (example only). If you are pricing things incorrectly they will not sell. If you are selling gear with the wrong traits, they will not sell except maybe for decon. Know when to hold some items and when to sell them. It takes a bit of time to learn but it's not that hard.

Perhaps your guild does not have a trader and you are only listing your items IN YOUR guild.

I made almost 400k yesterday on some mats, some double motifs and a couple flips.

GetAgrippa · July 2020

That's news to me. I'm sitting on over 23 million gold, nearly all made from trading guilds.

Taleof2Cities · July 2020

Looks like the OP has left.

I wonder why ... ?