How long would you wait it out?
By
EasyTarget_NA,
Posted on: 2010-07-18 22:33 in The Market and Inventions
Not a guru, but depending on ALT and item involved, I start flushing after a few weeks. I like to keep at least one slow moving item on every character to support the market for these things. Some of those slow movers have sat for literally 8 months now and are still sitting. But I want to be sure all my characters have slots to use when they need them as I play ALL 30-ish of my characters.
If I had a character with totally clogged slots? I'll suck the loss and free a few, then worry about the others as I need them.
"Hmm, I guess I'm not as omniscient as I thought" -Gavin Runeblade.
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aside from advice best applied with a time machine (Go back and don't list 10 at once):
What was your investment per item? What amount of profit would you be happy with?
Let me make up an example: You spent 2 million per recipe, plus 3 million on a piece of rare salvage, plus 500K crafting, for something selling on the market for 35 million.
You spend 5.5 mill per, in advance, plus 3.5 in wentfees (1.75 in advance) and for each one you sold, you made 24 million.
For an investment of 5.5 mil I'd be happy (not AS happy) with an 8-mill profit, so I'd be willing to dump them onto the market at 15 million if the niche collapsed.
Did the price drop from [say] 35 million to 20 million? Or did it drop to like 10 million?
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I'd wait until the markets merged and you can get your money and items back. Needless to say I'd find a new niche.
I'm perfectly content to leave things sit for eternity, or until I find myself needing the slots.
If you don't need the slots, let 'em marinate.
The Nethergoat Archive: all my memories, all my characters, all my thoughts on CoH...eventually.
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Quote:
You do realize that by hitting the influence cap, you've lost your amateur status right? |
Originally Posted by _MJB_
I'm a amateur marketeer. I have hit the influence cap only 2 times.
|
No more eligibility to enter the influence generation Olympics now that you've turned pro.Anyways, I never wait more than 2 weeks on *anything*. Most of the time, I wait a week tops. However, I'm predisposed to a quick turnaround / high volume strategy. I get full inventory turnover several times on a weekend and expect one full turnover per each weekday.
Quote:
My thought exactly... "Amateur Marketer at the Inf Cap" is every bit as |
Originally Posted by Fury Flechette
You do realize that by hitting the influence cap, you've lost your amateur status right?
No more eligibility to enter the influence generation Olympics now that you've turned pro.Anyways, I never wait more than 2 weeks on *anything*. Most of the time, I wait a week tops. However, I'm predisposed to a quick turnaround / high volume strategy. I get full inventory turnover several times on a weekend and expect one full turnover per each weekday. |
much an oxymoron as "Casual Player purpling a Warshade".
Amateurs are the people complaining about the price of Luck Charms
(Fulmens' listings notwithstanding), and Common IO prices...
As for items stuck in slots, I'm more in Goat's category. If I *need* the
slots, then, after a few weekends of stagnation, I'll yank 'em and take my
lumps. Otherwise, they can sit indefinitely.
The only other current wrinkle is the impending market merge. While I'm
hugely in favour of them doing that, I am 110% skeptical about their
ability to do this right the first time (recall the market UI didn't make it past
the first day after it went live). I'm yanking *everything* off the market
the week before GR, and letting others suffer the inevitable release horror.
So, if those were mine, they'd have a couple more weeks to move, and
then, it's "Lumps Time"
Regards,
4
I've been rich, and I've been poor. Rich is definitely better.
Light is faster than sound - that's why some people look smart until they speak.
For every seller who leaves the market dirty stinkin' rich,
there's a buyer who leaves the market dirty stinkin' IOed. - Obitus.
Quote:
Ditto. I market on many characters, if it's not one I log in or play often, then I'm happy to leave stuff sit for months, maybe half a year or more on some toons. If it's one of my regular toons I'm more concerned about market slots.|
Originally Posted by Nethergoat
I'm perfectly content to leave things sit for eternity, or until I find myself needing the slots.
If you don't need the slots, let 'em marinate. |
On a related question... are marketeers planning to wind down their marketing just before GR hits? Stuff things into base salvage, pull more stuff off the market so you don't have a ton of stuff de-listed all at once? Just curious. I imagine there are a few people who are going to have a lot of cash suddenly on hand to try and juggle.
my lil RWZ Challenge vid
I'm impatient, if something doesn't sell in a couple days I usually relist at lower price. I like moving items fast.
Based on my personal history, two years. But there is such a thing as being too patient.
Avatar: "Cheeky Jack O Lantern" by dimarie
I will wait months really. Then when they do go, the slow moving items all seem to sell within a day of each other
I will wait forever if I have something that has not sold and its not one of my major marketing toons. I tend to price over the going rate and just wait for things to happen. If I find that I do need slots i just grab an alt and keep on going.
I remember getting caught in one of the rare salvage price drops where things that were going for 3 million (which I had stacks of) drops to under a million... I just left the stuff at my price point and then they sold. Granted it was not one of the toons that I was running at the time but still it was fun to watch
I'm a amateur marketeer. I have hit the influence cap only 2 times.
About a month ago I invested into some IO's. I was able to pick up the recipes for peanuts and the crafted IO was selling for huge profit. I crafted everything I had and listed 10 to start off. I sold a few and listed some more. Since then I may have sold a total of 1 more.
My question to the market gurus is how long would you wait it out before dumping your inventory into a bin and flushing your listing fees?