Curse

jackie · Jan 17, 2007, 01:48 PM // 13:48

If someone tells you to ''offer'', then it's better just say no thx and leave.

Cebe · Jan 17, 2007, 02:03 PM // 14:03

Quote:

Originally Posted by jackie

If someone tells you to ''offer'', then it's better just say no thx and leave.

Any particular reason why?

Malice Black · Jan 17, 2007, 04:21 PM // 16:21

Quote:

Originally Posted by Celestial Beaver

Any particular reason why?

Normally this is said for 2 reasons

Reason 1 - They don't know the value and will just hold out until they get what they think is a good price.

Reason 2 - They know the value and want to see if they can find someone who is clueless regarding pricing.

The Herbalizer · Jan 17, 2007, 04:45 PM // 16:45

I have abused offer noobs loads....

I either lowball them or force them to give me a price.

I dont know if it works now but many months ago it did

escoffier · Jan 17, 2007, 05:16 PM // 17:16

good post,i wish everyone did these things maybe GW needs a trading tutorial...lol.

Witchdoctor Avignon · Jan 17, 2007, 05:33 PM // 17:33

It doesn't matter who you are or what the item is....if i see the words "Offer" I will immediatly say 1k. It could be a Bone Dragon Mini, or a (Insert highest price greenie ATM)....I will say 1k.
After they give me the "Lol" and the "Worth 50-90k" remark, I will kindly suggest they not tell me to offer.

Most traders who have some sense will tell you what they expect, or at least a range to start the haggeling process.

Stockholm · Jan 17, 2007, 05:35 PM // 17:35

Quote:

Originally Posted by The Herbalizer

I have abused offer noobs loads....

I either lowball them or force them to give me a price.

I dont know if it works now but many months ago it did

Thats the reason I laugh when people quote the "PriceGurus" in trade chat, scammers all of them.

chessyang · Jan 17, 2007, 05:44 PM // 17:44

Quote:

Originally Posted by jackie

it's better just say no thx and leave.

Yes! total agree.

During the weird AI bug for the IDS run i was selling some IDS's for 50k+ and was called ever name and told every reason it's not worth that much.... but just replied with "Sorry no thanks"

Side note.. Don't be in a rush to Click "Accept"

arcanemacabre · Jan 17, 2007, 06:45 PM // 18:45

What I don't understand is the amazing lack of haggling. If I ever try to sell just generic weapon mods, I'll say "PM what you want", so that if I have it, I can just give a price. When someone PMs with "How much?", and I give them a price, they just "no thanks".

I swear this happens all the time, I think I've sold maybe two mods that way. Not to mention, the prices I'm giving are the GURU PC *lows*, so it's not like I'm performing highway robbery. What ever happened to counter-offers?? Ugh, I just hate the "trade system" GW has.

Sli Ander · Jan 17, 2007, 07:02 PM // 19:02

Quote:

Originally Posted by Akhilleus

3k off of a 13k investment is appx a 24% profit margin.
while 3k is not a very large profit, 24% is on the higher end of the scale on the average profit margina trader can expect.
so, based soley on the price of the item, ill assume hes a beginner to modest trader, since he may not yet have the capital to make more costly investments and afford a loss, should it occur.
however, based on his guidelines, it displays he at least has his bearings on the basic dos and do-nots...

i'd say his chances of success as a trader are pretty good, especially if hes capable of making more rules the more successful he gets and abiding by them as he does now.

i would stress one thing though; build repeat business, build repeat business., build repeat business..
nothing ensures your success more than building a list of clientelle who come to you regularly for things they need. if they know you find what they want...exactly what they want, within a reasonable timeframe, and within their stated price-range, they will return again and again and again. typically item requests are harder to pull off and you make a smaller profit margin than blind trades (where you dont know the buyer or seller), but because you know one or both people on either side of the deal, you tend to get these kinds of trades form the same people over and over. and along with great customers comes great referrals.
i cannot stress how much of my business came from "hey, a friend told me you sell XXX, would you happen to have something in XXX pricerange?" or " a friend said you buy XXX in the XXX pricerange, interested?"

Yeah, you got me pegged as to my experience at trading. I managed to hit the Minipet craze before everyone started trying to sell them(and prices started to drop), and from there I just try and use common sense. The majority of my current fortune came from Christmas. I took a little time out of each day to farm orr emblems (about 2 weeks before the event began), and sold them all the first night(because I undersold everyone else).

I didn't want to clutter my OP with another anecdote(though I did leave a pointer to your thread) but here's an extreme example of getting referrals.

I was feeling ticked off at all the people trying to sell Halloween items for outrageous sums, as well as annoyed at the fact Cantha couldn't get any. So I put the Pumpkin head on, painted my armor orange and rp'ed my way around each Canthan city.

Claiming to be an emissary of the Mad King Thorn, I handed out sets of halloween items to people that didn't get a chance to go to LA. I even had people asking if i were an NPC or worked for Anet(it was awesome). The point, however, is that within a 24 hr. period I had quite a few people whispering me to find out where I was. Someone had passed the info on to their alliance,and I gladly helped out.

If you can get those few repeat customers, they'll be sure to tell their friends/guildies/etc that you're a good trader to go to for items. A farmer or low end trader (like myself) can get 1 million with time. Big time traders make it that way by building up a list of friends and High end clientele. And they become the multi-millioniaires.

But that's just my two cents

The Herbalizer · Jan 17, 2007, 09:28 PM // 21:28

Quote:

Originally Posted by Witchdoctor Avignon

It doesn't matter who you are or what the item is....if i see the words "Offer" I will immediatly say 1k. It could be a Bone Dragon Mini, or a (Insert highest price greenie ATM)....I will say 1k.
After they give me the "Lol" and the "Worth 50-90k" remark, I will kindly suggest they not tell me to offer.

Most traders who have some sense will tell you what they expect, or at least a range to start the haggeling process.

Your only really doing yourself harm through doing that. An real example, someone was spamming a shield for sale. I enquired about the price and they said "offer". I offered 100k and resold for 350k.

Yes, there may be alot of people who say offer and act jerks afterwards but there are also people who really dont know the price of their item.

korcan · Jan 17, 2007, 09:36 PM // 21:36

Quote:

Originally Posted by Witchdoctor Avignon

It doesn't matter who you are or what the item is....if i see the words "Offer" I will immediatly say 1k. It could be a Bone Dragon Mini, or a (Insert highest price greenie ATM)....I will say 1k.
After they give me the "Lol" and the "Worth 50-90k" remark, I will kindly suggest they not tell me to offer.

Most traders who have some sense will tell you what they expect, or at least a range to start the haggeling process.

whenever i see someone in chat spamming "offer" i just ask what their c/o [current offer] is. most people reply back with some ridiculous amount. if by chance i get back what seems like a reasonable c/o reply, ill counter offer and tell the guy my offer is good for like another 5 minutes.

*Darcy* · Jan 17, 2007, 10:02 PM // 22:02

I think quite often the "offer" traders are not pros. A player goes along getting drops only worth salvage or merch value, and then suddenly gets one that seems valuable - rare skin, 15^50, +30hp. They ask for pc and get varying answers depending on who answers, so are totally unsure about the real value. The fear of being laughed at keeps them from setting a price.

And yes, they are the ones who the pro traders love to run into.

My advice to them is to set a price after checking the forums for similar items and go for it. You can have 100k now or 350k somewhere in the distant future when you have acquired the knowledge to accurately price it yourself. If you come away happy with your sale, then it was a success.

Sli Ander · Jan 18, 2007, 06:48 PM // 18:48

>Forum decided to behave,edited out #10<
I attempted to edit the first post to add this, but the forum is being finicky with me. If it doesn't show up, I'll just leave this here for now. If it does, I'll edit this out.

Thanks to all the people that put in their own common sense, hopefully it will do somebody some good.

Malice Black · Jan 18, 2007, 08:44 PM // 20:44

Quote:

Originally Posted by The Herbalizer

Your only really doing yourself harm through doing that. An real example, someone was spamming a shield for sale. I enquired about the price and they said "offer". I offered 100k and resold for 350k.

Yes, there may be alot of people who say offer and act jerks afterwards but there are also people who really dont know the price of their item.

Done the same thing myself. One example was a req8 -2/-2 eternal back when they was worth 300-350k I offered 100k he accepted I resold later that week for 300k.

DvM · Jan 18, 2007, 08:48 PM // 20:48

Thpugh these are all good reasons why not to say offer, I have a good one to do say it...serious buyers...there is a HUGE lack of serious buyer sin GW, I wish there was a way of selling stuff without spending HOURs and HOURS of trying....

I do use this methog to do most of my trading, as im semi beginner, been trading for maybe 2-3 months, but cant really hit any jackpots, heck, I would even pay someone to teach me >.<

trobinson97 · Jan 18, 2007, 10:16 PM // 22:16

Quote:

Originally Posted by The Admins Bane

Normally this is said for 2 reasons

Reason 1 - They don't know the value and will just hold out until they get what they think is a good price.

Reason 2 - They know the value and want to see if they can find someone who is clueless regarding pricing.

True story. I always lecture people who give me the "offer" crap. It's your item, you're trying to sell, you tell me the price! I swear if restauraunts had the same type of business model they'd never make money.

Walk into McDonald's:

You: Yea, I'd like a #1, two chesseburger Happy Meals, and one apple pie. How much is that?

Them: Offer?

milias · Jan 19, 2007, 06:56 PM // 18:56

Quote:

Originally Posted by trobinson97

Walk into McDonald's:

You: Yea, I'd like a #1, two chesseburger Happy Meals, and one apple pie. How much is that?

Them: Offer?

Hahahaha!!! That just cracked me up

I guess it doesn't really apply to something small like a McDonald's meal, but say if it were a car or house, there will be bartering involved.

LONGA · Jan 19, 2007, 07:40 PM // 19:40

Its bad when 4 out 5 people trying to buy a bow with perfect sundering mod for 1 K.So to say time to close your shop.

Sli Ander · Jan 24, 2007, 05:28 PM // 17:28

A bump to get this in the limelight(as there is a buy low sell high thread atm)

I hope people find this information useful, and that others keep any helpful info coming. I will unfortunately be unable to continue to edit the first post, as I will be incommunicado for quite some time(read "you might hear from me in about 3 months")