Starting Small - Common Problems?
By
Archie Gremlin,
Posted on: 2010-08-14 15:46 in The Market and Inventions
When this sort of thing happens, it's often people going after the various 'craft X common IOs in this category at this level range' badges, whether for the field crafter accolade, memorizing them for easier crafting, trying to score extra recipe slots as a badge perk, or simply for the badge. If you're crafting so many IOs and your goal isn't profit, it makes sense to dump them for cheap just so that they sell and get out of your market slots quickly.
So in other words it does happen fairly often. Now I think you got a bit unlucky by having it happen to both items you tried to use so close together, but it does happen. That said, the dumpers will run out of stock and the price will almost certainly recover sooner or later. Just leave them up and they'll sell at some point - that's why I like commons, even if it's not the most lucrative, it's a very steady and easy way to make money.
@MuonNeutrino
Student, Gamer, Altaholic, and future Astronomer.
This is what it means to be a tank!
If you've got deep enough pockets and it looks like a real case of underpricing, just buy up your competition. ("underpricing" in this ccase meaning "less than half the retail crafting cost")
Mini-guides: Force Field Defenders, Blasters, Market Self-Defense, Frankenslotting.
So you think you're a hero, huh.
@Boltcutter in game.
Quote:
Yup. This. |
Originally Posted by Fulmens
If you've got deep enough pockets and it looks like a real case of underpricing, just buy up your competition. ("underpricing" in this ccase meaning "less than half the retail crafting cost")
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However, that makes you one of those ebil flippers that are much maligned by the playing public. The way I look at it though is that if someone is dumping it, all you're doing is taking off their hands and relisting it (and hence making it available) for someone else who may want it later. Those other people also may have the opportunity to buy at the lower price if they happen on the market at the same time; if not, then it's just another opportunity that has fallen in your lap.
I just ignore it.
Was selling something, don't remember what, last 5 sales were all 800k, I listed 'em at 750k and forgot about it. A while later, noticed in passing they were selling for 35k. Ignored it. Logged in a while later, got 800k each on all of them. Whatever.
IMO, once you have 10M, you can abandon the mercurial Common IO market and work on set enhancements. I'd offer suggestions, but everything changes real soon so I don't want to steer you towards something that's going to tank. I'm not even sure what to make myself ATM 
If you are serious about selling commons then memorize the common recipes to cut your costs and eventually go for field crafter.
I've made 2 billion since I9 hit just crafting and selling commons in the 35 and 40 ranges. They move fast. You can easily sell an entire market slots worth 3 times a day (5 times a day on Fri, Sat and Sun)
-Insanity is doing the same thing over and over again and expecting different results. - Albert Einstein.
-I do not feel obliged to believe that the same God who has endowed us with sense, reason, and intellect has intended us to forgo their use. - Galileo Galilei
-When injustice becomes law, resistance becomes duty. - Thomas Jefferson
I have sold probably 20 or so commons since late last night and the last two I posted before logging sold before the countdown started, at almost 300% profit. Was not a huge amount overall but it is more than what I had.
Thank you for the feedback and yes, I am aiming for learning a few recipes to cut costs even more. 
Quote:
Yes. Prices bounce up and down all the time but the peaks and troughs rarely last more than 24 hours.|
Originally Posted by FallenValkyrja
Does this happen a lot across the board with common IOs?
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Crafting commons is a really good way to learn the ropes. Set IOs have similar behaviour but the cycle time is much longer; days rather than hours. Oh, and mistakes with commons are much cheaper!
When I'm working commons, I tend to work 4 or 5 niches at a time. At least one of them will be stuck at any one time but the others will be moving. IIRC the big sellers are Acc, Dam, End Red and End Mod at levels 30, 35 and 40. There are also decent margins with some level 50's as long as you have the badges.
Having a base really helps. It gives you somewhere to dump stuff that isn't selling.
Have fun!
Archie
Quote:
my main badge toon (read cheap crafting costs) crafts up all his salvage at the end of play so alts and sg mates can sell them off on the market for needed inf. it's like a giant need a penny take a penny jar. |
Originally Posted by Archie Gremlin
Yes. Prices bounce up and down all the time but the peaks and troughs rarely last more than 24 hours.
Crafting commons is a really good way to learn the ropes. Set IOs have similar behaviour but the cycle time is much longer; days rather than hours. Oh, and mistakes with commons are much cheaper! When I'm working commons, I tend to work 4 or 5 niches at a time. At least one of them will be stuck at any one time but the others will be moving. IIRC the big sellers are Acc, Dam, End Red and End Mod at levels 30, 35 and 40. There are also decent margins with some level 50's as long as you have the badges. Having a base really helps. It gives you somewhere to dump stuff that isn't selling. Have fun! Archie |
because I play mostly at the 50 I craft 45 50 IOs and they all seem to sell for at least 2x crafting cost.
Card Carrying DeFulmenstrator--Member Crazy 88s
We burn more Influence before 8am than you make all day.
Quote:
Recharge Reduction is right up there with the others, especially in the level 50 range it is valuable. Heals and defense are close but a touch behind the ones you listed.|
Originally Posted by Archie Gremlin
When I'm working commons, I tend to work 4 or 5 niches at a time. At least one of them will be stuck at any one time but the others will be moving. IIRC the big sellers are Acc, Dam, End Red and End Mod at levels 30, 35 and 40. There are also decent margins with some level 50's as long as you have the badges.
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Exotics are almost always waste of time (interrupt, stun, hold, confuse, phase, etc).
"Hmm, I guess I'm not as omniscient as I thought" -Gavin Runeblade.
I can be found, outside of paragon city here.
Thank you everyone at Paragon and on Virtue. When the lights go out in November, you'll find me on Razor Bunny.
Memorizing level 25/30 recharge commons is one of the first things I do if one of my characters are dead broke. You can make a few million a day just crafting those and selling them for a modest markup.
I target that level range because many players look to use generic IOs instead of SOs and typically use those ranges to switch. Plus the salvage for recharge instead of something like Accuracy is usually dirt cheap.
r/e commons, I've always had good luck with fly and leap generics.
The Nethergoat Archive: all my memories, all my characters, all my thoughts on CoH...eventually.
My City Was Gone
Quote:
That's cause you have to put something in that single slot for Hurdle and Swift.......
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Originally Posted by Nethergoat
r/e commons, I've always had good luck with fly and leap generics.
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-Insanity is doing the same thing over and over again and expecting different results. - Albert Einstein.
-I do not feel obliged to believe that the same God who has endowed us with sense, reason, and intellect has intended us to forgo their use. - Galileo Galilei
-When injustice becomes law, resistance becomes duty. - Thomas Jefferson
Everything ended up selling this weekend. Just a few million INF but it was a good practice run. I immediately turned around and used the funds for some low level IOs I want in that toon's build.
Thanks for the replies everyone.
My old standbys were endmod/endred (same memorization badge, bonus!) at 35 and 40, and rechred, 35 and 40.
Goes to show, lotta niches and a lot of ways to not step on people's feet.
Mini-guides: Force Field Defenders, Blasters, Market Self-Defense, Frankenslotting.
So you think you're a hero, huh.
@Boltcutter in game.
I checked to see how far away I was to completing a few of the memorization badges and not really that far after this weekend. That is a nice little bonus! Plus I love the idea of taking the salvage from a night of adventuring and using it to craft IOs. Even if they do not sell I have a bit of a case of alt-itis and could always use them elsewhere.
I have a mid 40s Scrapper that I want to IO out rather nicely so I decided to try and be a bit more serious with the Market.
So last night I decided on a whim to see what common IOs I could use to make a few million INF. I already had 15-16M on the toon but wanted to get a feel for things before jumping into the deep end. I found some level 35 IOs that were going for more than double the crafting and salvage price and thought I found a nice niche. I put bids in and scored about 7 recipes real cheap and then picked up the salvage.
After crafting most of the IOs and putting them on sale I logged for the night.
Logged in this AM and all of the IOs had sold and crafted a few more only to find that someone was starting to dump them at a really good price (a third or more less than what had been the going rate). I decided to leave the two additional ones on the market in hopes that the price will edge up and they will sell.
Found another IO that seemed to fit the bill. Put bids in and scored a bunch of recipes and some salvage. In the time I went to craft the IOs and come back to put them up for bid someone dumped a bunch in at about half the going rate. I adjusted a bit and placed them up for bid anyway and a few have moved. I really expect the rest to go in the next couple of days anyway.
Does this happen a lot across the board with common IOs? Or am I just having a run of somewhat bad luck? Somewhat because I still managed to pull in about 2M inf for about 20 minutes worth of work.