Misaligned

I didn't "start" marketeering until after 18. The niches are there - identifying a "good" one imho is the largest hurdle into becoming a marketeer.

As for the journals, the nice thing about them is when someone like Fury posts a pic of what they sold, you can go and look at all of the enhancements and see if any of them are still good. If you keep looking, eventually everything that was good at one point usually becomes good again at some other point. Pop over to the Market forums and have a look in the guides section.

If you like, you can read this.

Please read the entire thread as it is my personal journey into marketeering. I wasn't afraid to ask questions or request clarification on points I didn't understand. Near the end, someone (forget who atm) links a thread which describes in detail what a "good" niche is. Ironically, I had pretty much figured it out for myself the previous night. *shrug*


**NOTE** I never did find exactly what I had requested in the original thread. My signature contains the closest thing I can find to "diet" marketeering, but the profits are (relatively) very low. Since that original post I have become a "lazy marketeer". I flip less than 5 slots a day on average. Nothing special. I simply decided to go after bigger fish and make up the difference from volume in gross profits. This fits my laziness much better than turning all of my slots at least once a day

And yes, you can do just fine being a lazy marketeer. I have given away over 2 billion in the past week and have outfitted 3 characters from the ground up since I started marketeering.

Good luck! I know you'll be fine - I can already see you have the patience to learn!

Actually, you were a ton more likely to get AS'd while being on blue side. I suspect that is the main reason they were more valuable blue vs red.

The +perception would be "nice" in a lot of build for red-side characters, but from a PvE perspective, its more of a "plus" than a requirement.

So what about enhancements that give 2 bonuses but one is over 20% and one is under 20%? Nearly all of the def/end IOs are like this - the end reduction is considerably higher than the def. I'm curious if it negates the whole "under 20 rule" or if it all passes the "under 20 rule" or if the def passes but somehow the end does not.

Thanks again!

Try looking into things that show a better potential than things that are traditionally what people want.

I've found more than a few niches where I was "hmmm... I had no idea people even used this set..."

Languishing = not making you a thing. Pull em, list em for a lot less than you are (even if you're listing low) and get rid of em.

A good thing to do for looking for new niches is to look at IOs that the journal people list. Go through their list and see if any of it is good. If it is, make 2 and move on.

I'm pretty sure Bob isn't interested in your offer, but you never know. I'll ask him.

My sig.

A guide to being lazy about flipping salvage.

My kids do it. They clear about 10 mil a week. Considering they're generating about 1/10th of that through actual play, they're doing pretty awesome.

If I can teach them marketeering, I intend to put them to work in the IO mines.

I highly doubt that there is a game mechanic that allows things such as salvage, recipes, and enhancements to drop from critters in this game. Unless there is some new TF I haven't heard about?

Screenshot or it didn't happen imo.

Everyone and I mean everyone knows that flippers generate all of the salvage in this game. This is how they control the market and induce casual players to pay hundreds if not thousands of inf for something like a piece of salvage.


Incidentally, this particular NMI has sentimental value. It is the one I purchased for 500 inf when Goat was trying to buy them all.

I like this salvage so much, I think I shall give it a name.

People, I am pleased to inform you that the above NMI has been named Bob. Bob is for sale for 666,666,666 inf.

Come and get him!

Rawr!

The niches shift frequently. There are enough people marketeering to ensure that what was great today, may only be so-so tomorrow. However, because they shift often, you can always find a new one.

The following were my "down falls" when I started marketeering. I was confused, frustrated, and just plain old pissy about it. I did more reading and figured out what I was doing wrong. After figuring it out, it took about 8 or 9 days to make a billion. It works that well. Here's the things I was doing wrong:

Pick items with small numbers of enhancements for sale. If you're competing with 95 other sellers, your odds diminish greatly.

Set a minimum for your slots. I started with 10 mil. I have since increased it to 25 mil. I like doing less work - but the pay isn't as good. Once you have a minimum, look at enhancements first, recipes second. Find enhancements that sell for 10 mil + (or whatever your floor) and 5 have sold today.

Look at the recipe for the enhancement you found. If it take a rare salvage, add 4 mil to the recipe price (for quickly calculating prices). If the recipe + 4 mil is less than the "last 5" on the enhancement, you're good.

For recipes that don't take rare salvage, add 1 mil.

List LOW! This one baffled me for a long time - Stuff selling for 20 mil. I'm listing mine at 15.7, why aren't mine selling?!

Pick a %. Buy your recipe and and mats. Make the enhancement and mark it up your %. You may choose 50%, 75%, 500%. Whatever is fine. I mark mine up 25% then bump it over the next creeping hurdle (if my profit ays list it at 4.8 mil, I'll list it for 5.1 to get past that 5 mil hump)

You may end up listing an enhancement that sells for 20 mil for 8 mil. This is fine! You WILL sell some at 10 mil. You WILL sell more at 20 mil. People are sheep and most will bid exactly what the last 5 bid. Listing low ensures that yours sell first. Profit is profit. If you're turning a slot twice a day for 4 mil a pop (cause people keep buying yours low) you're still making more than if you turn that slot once every 2 days for 8 mil.

If you do get stuck with an enhancement that isn't moving, pull it, list it ridiculously low and walk away. Pulling 3 IOs and getting 5 mil instead of 20 is fine if they're just clogging up your market. Leaving things up too long is a hard habit to break.

Do not and I repeat do NOT try to corner any niche. Make 2 - find another niche. Come back to it, sure! But don't camp there! You'll lose a lot - this mistake has cost me hundreds of millions. A recent venture into "cornering an IO" cost me 500 mil. Yay me... lol.

Stick to max level and for the more patient, min level recipes. Max level recipes sell faster. Min level sell for more. Pick your poison. These 2 ends of the spectrum are about volume sales. You're best bet is almost always here.

I did many experiments in the beginning with mid-levels and going across a range. These failed every time. Trust in the people who have been doing this a long time (not me) - max level is where its at people!

**NOTE** This doesn't always mean 50. Some IOs stop at 40, 35, 30, and 20.

If you have any other questions, I would be happy to answer them as best I can. Of course you may prefer a more seasoned marketeer. In which case, Fury is quite knowledgeable and helpful.

This was indeed missed in the guide. I have added it above, and since Fulmens did a nice job of writing this up, I simply quoted it into the guide (giving credit of course). I also quoted it because I'm lazy. But that's neither here nor there.

Ok - everyone really needs to stop with this. In relative terms, the CoP is hard. FOR THIS GAME.

Every encounter is exactly the same in this game. Smash stuff, kill an AV. Here they offer you content which requires the absolute minimum of coordination and the player's solution to this problem is: Get a bigger hammer. This is always the solution to any problem in this game becuase that's how the Dev's have chosen to make it. Its cake people. It really is.

I did this encounter for the first time and I laughed my *** off. This is what passes for hard in this game. The group I was with was trying to figure out how to kill the first wave of spawns (before the shield ever comes down on the AV) faster. They didn't address taking them down faster between shields - they simply wanted to take down the first group faster. The only group of spawns that just doesn't matter. Not one bit.

When I pointed out that we could easily finish the CoP, it was cancelled "because not everyone brought nukes like they were supposed to!".

This is the reason nukes got banned. 99% of the runs of CoP were requiring that you not only be X AT, but that you have nukes, shivs, boards with nails in them, anything and everything that could constitute a bigger hammer.

We were talking about this trial today on a global channel and you know what someone said? They said "Without nukes, how are we supposed to take down the AV in 45 seconds?!"

Big hint:

You're not.

*gasp*

The rewards are fine - its a 15 minute trial. It something that will be run later when people learn how to do this REALLY HARD thing on a whim, like the impromptu mother ship raids that happen now. And the pug CoPs will be done in less time than it takes to get the 24 people together. 10 merits for 20 minutes of your time is not all that bad - most servers can't run the ITF in 20 minutes - so it works out.

Heck, I'm sure in a few months someone will have this down so pat that they might even do a CoP run at least once a week if not more for the "quick merits".

People still kill Hami - obviously getting people together to do things (on most servers) is not an issue.

2 bil is for suckers. My price is WAY better

Quickly runs out to put on the ummm "good" avatar...?

Sure thing boss!

I thought about the bid vs for sale thing as well - and honestly you can only say it truly applies when there are 0 bidding. Anything else, even up to 100 or more, can be people low-balling stacks of 10 in hopes of getting something. I only recently began pulling my stacks of 10 bids that I had on every purple recipe and enhancement. Some filled - most didn't - but the bids were there just the same.

I guess in the end it was left out because its fairly subjective and really only applies if the number of bids is really low or the number for sale is really high. I will add a portion about only the sales as those tend to be less skewing

Right.

You're right. I'm clueless and you know everything. Thank you for the enlightenment.

have a nice life man, I'm sure you've earned it.


Edit: Thanks for the new line on my signature. I like it

First off, ditch the attitude, you only make yourself look foolish. I can do that for you well enough, I don't need your help.

Flipping as defined by the people of this game is either:

Buying 1 product and then selling that product for a profit.

OR

Buying the parts of a larger product, assembling that product, then selling the completed product at a profit to the whole.

Either works - but this thread makes the assumption that we are using the first definition. If you disagree, read the first post. If you still disagree, I can point out any billions of real world examples for the later. Namely, anything you purchase that is not raw product you pulled out of the Earth yourself.

Moving on...

By that definition, anything you do in real life where you purchase something, then intend to sell it for a profit after doing nothing with it, is flipping.

Stocks fall under this jurisdiction quite nicely. You think the guy managing your mutual fund would keep his job very long if he didn't attempt to buy low and sell high? His only interest in any company is what actions it is currently undertaking that will potentially adjust the stock price. You make this same argument in a sideways fashion:

Hi. The stock market is only about speculation. Unless someone has developed time travel, I really fail to see how trading in stocks, bond, currency.. ect is anything other than speculation. You recieve no goods or services for your investment other than money. This is the epitome of flipping.

Hell, the entireity of Wall Street is dedicated to "Flipping" in one way, shape, or form. For you to classify only the day traders who manipulate prices for a VERY short amount of time as the only "flippers" in the market makes you look just silly. You call them speculators. As I showed above, everyone in the market even a tiny bit is a speculator. Your definition is only self-serving in this case.

If you are going to make the assertion that flippers in this game are like day traders, be my guest. The impact a day trader or even a group of day traders working together has a similar impact on the price of a single stock as a flipper has on the price of a piece of salvage. You'd be proving the point of this thread. Works for me.

As for your "speculative bubbles" nonsense - it wasn't and isn't the speculation in the market that causes the hurt - its the speculation of credit investors like banks who do loans to people they should not be giving loans to for way more than they should have gotten in the first place that causes market instability. You'd think that after having just gone through this that you'd understand that.

It is not the speculation of the investors in the companies - it is the speculation of large companies investing in individuals who cause the problems with the market. Enough people can't pay their mortgage and the "perceived value" of that lending institution goes in the toilet. Day traders, mutual fund management firms, hell, even the guy on E*Trade had very little impact on the outcome of that scenario beyond providing the lending institutions with the funds to make these bad decisions.

By that logic, you could then assign blame to the market for its speculation in a company that is publicly traded but goes belly up.

for the porters? You're welcome.

Thank abigail for the beacons

Troll fail

You buy a stock. You try to sell it for a profit. Quantity is not relevant. But hey, thanks for playing. I was amused for almost a whole second!

Continue.

Really. I'd like to see this. Given that hundreds if not thousands of pieces of salvage work their way through the market in a day (when discussing these "flippable" ones) I would genuinely like to see someone buy "all of the ones selling at a lower price".

In fact, Goat attempted this. He didn't flip them, so storage was irrelevant. While he was doing this, I was able to purchase one well below his bidding at the time.

So your statement is a blanket statement, which is false to begin with, and you assume that 1 person can control a particular salvage to the point of being able to buy them all.



Actually, not everything is about you. Well, this response is, but everything else is not. I used your post as an example. I perhaps used it out of context. To you, I apologize.

Now get back on topic people!!