I have seen 2 items sell on Odin MB, both were priced at far less than the mats cost to make them. (they were priced higher, but the seller kept dropping until they finally sold).
I have seen 2 items sell on Odin MB, both were priced at far less than the mats cost to make them. (they were priced higher, but the seller kept dropping until they finally sold).
I had 2 HQ rings up for a week at 10 mil, then dropped them to 8 mil for a week, then 6 mil for two weeks, and finally put them back up to 10 mil. I understand different servers have different economies, but those prices seem reasonable considering the favor mats have been selling for 250-500k each. Is your server full of fairly wealthy crafters?
How are you making them? All self gathered, or are you supplementing with mats from the MB?I had 2 HQ rings up for a week at 10 mil, then dropped them to 8 mil for a week, then 6 mil for two weeks, and finally put them back up to 10 mil. I understand different servers have different economies, but those prices seem reasonable considering the favor mats have been selling for 250-500k each. Is your server full of fairly wealthy crafters?
There's no reason to have this stuff. Especially when you can just get the 180s which will most likely be enough for future crafts as well. That's why so few people are buying.
Honestly I've stopped being amazed. While I wont call what he says lies, I cant fathom what it is that makes his server's sales far different from other servers.I had 2 HQ rings up for a week at 10 mil, then dropped them to 8 mil for a week, then 6 mil for two weeks, and finally put them back up to 10 mil. I understand different servers have different economies, but those prices seem reasonable considering the favor mats have been selling for 250-500k each. Is your server full of fairly wealthy crafters?
Only 2 HQ items sold on my server. A gathering ring for 3m, and a WVR off hand for 12.5m.
The WVR off hand took a month to sell at that price.
I can't imagine who would buy a ring for 10m. The material cost isnt anywhere close to that, at all.
Even with the favor materials as they are, 10m is way overpriced for a ring, as rings only take 1 material to craft. That effectively makes their price value only slightly above that of a single HQ material. (1.5~ orso over that)
So unless favor materials add up to being like 8-9m for one crafting material, rings shouldnt sell for 10m.
Last edited by Aeyis; 08-22-2015 at 08:30 PM.
No need for that, I'm not used to running at low margins.
Rather, me explain it to you.
You mention risk. Rings only require 1 material, which means two things:
1) You only need 1 material
2) All HQ materials is comparable to 1 HQ material.
Which can be summed up as:
- If you need less materials, you need to HQ less of them, thus reducing the risk of failure.
Im not sure why you feel the need to break things down tho. The 5m~ estimate you use is the same one I use for HQ materials/rings.
The increase in value due to risk means 500% nothing if the item is not desirable enough to have people actually pay that extra gil on top. And in this case, if the risk is barely existing to begin with.
Which is why the HQ ring at 10m isnt being sold. Noone wants to pay that much for one.
Thanks for giving me some much needed insight into the market of high value items.
Last edited by Aeyis; 08-22-2015 at 09:49 PM.
Altho its been years since I was at your level in terms of market understanding. I think it must have been a decade atleast since I was at your level of (how to know when to use) sarcasme as well.You're most welcome! I know it can be difficult when you are just starting out, but if you work hard and learn how the economy works you will eventually make billions, too! Everyone has to start somewhere, you'll eventually figure out what works for you.
I wish you good luck in your crafting career!
But since you already dug your own grave~
I'm currently the only seller of a HQ tool on my server. Yeah, these same ''expensive items'' you mentioned in your ''breakdown''.
Oh, oh, oh. Rekt.
^(I believe that's how they do this these days?) *Blush*, that's the first time I used the phrase ''rekt''. Somehow it makes me feel a bit dirty, it felt really appropriate here tho, and as such I simply could not exist.
Please~ if you want to troll like this, do it on your main account. I am lazy. Clicking ''ignore'' on all these ''new'' accounts is a hassle for me.
No need for that, I wont be crafting for long anymore with this system. I'm already making arrangements to pass my airships, materials, few dozen mil (only that much since im lazy, havent made and sold a thing in a month now) and a dozen orso 2* equips to a friend of mine.
My crafting career started in 1.0, it ended when red scrips were introduced. You could say that any crafting done after that has been ''working out of retirement''.
Last edited by Aeyis; 08-22-2015 at 10:59 PM.
I'd sell off hands probably at 5-7 mil. Seems like ppl are starting to supply favor mats on MB so yea 5-7 mil an off hand doesn't seem too bad as my bsm is nearly decked out in 2 star gear.
Just missing neck, bracelet, 2nd ring and pants.
So synthing off hands with boullibaise feels too easy lol.
First ring was on MB for about 2 weeks and was only there as I was not planning to use it until I got around to melding it. It sold. I have since sold 2 more, 1 to the same guy by request, and one to someone else. Neither of the people that bought them are crafters I am familiar with. There are no other sales for rings on the MB. There have not been any other HQ rings listed though. There was a NQ ring listed for 3mil but it did not sell.I had 2 HQ rings up for a week at 10 mil, then dropped them to 8 mil for a week, then 6 mil for two weeks, and finally put them back up to 10 mil. I understand different servers have different economies, but those prices seem reasonable considering the favor mats have been selling for 250-500k each. Is your server full of fairly wealthy crafters?
The big thing is to not change your price, as soon as anyone sees you drop your price they wait to see how far you will drop it, undercutting yourself is just as bad as someone else doing it. This is just what I see on my server when listing items that are scarce.
I only buy mats when they are 150k or less now, and right now I am 1 voidnut short of another ring. Once I get it I will put up another ring, as I expect it will sell. I am not wasting my own RGS on favors though. Below pic has relevant sales history shown from one retainer. I will not make any of the class-specific gear for sale though, as nobody will want to shell out that much gil when they need 8 of each item unless they are not planning to gear up all of their classes. HQ mats, and left-side gear I will make whenever I get enough mats. I get a lot of my mats from the PF.
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Last edited by Rath; 08-23-2015 at 08:17 AM.
personal tally (ultros) as of 8/22:
2 astral silk
1 astral birch lumber
1 griffin leather
1 cul hat
1 cul offhand
1 adamantite vambraces of fending
1 adamantite sollerets of fending
1 griffin leather boots of healing
glamour is love, glamour is life... not. stupid ass system...
Last edited by Porkchop; 08-22-2015 at 11:40 PM.
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