ok Ebil Marketeers, how do I...
Time to check my marketeer! Did I make money this week?
Well hey! I think I made some money!
my lil RWZ Challenge vid
Quote:
This particular strategy is sometimes known as an inside straddle. That's been the basic strategy for skimming a flipper since the markets released.
I will vouch that this niche is heavily mine and has been since before the market merger. Its a low liquidity niche (not too many IOs sell per day) but one with high margins on the low liquidity. I patiently undersell and wait people out on niches like this.
On a high liquidity niche (Oblitam for example) I'll fight like a demon to make the other person go away. I won't give all my secrets but basic strategy is to make sure when they list too low you're the buyer in more volume than they have and always buy recipes a little higher than them so you're checking the recipe price at least once a day. |
As far as I've seen, there hasn't been a genuinely new market strategy invented in a very long time.
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On a high liquidity niche (Oblitam for example) I'll fight like a demon to make the other person go away. I won't give all my secrets but basic strategy is to make sure when they list too low you're the buyer in more volume than they have and always buy recipes a little higher than them so you're checking the recipe price at least once a day.
And I'm not the kind of marketeer who ever goes away from a profitable niche. I check my toons once a week, I make money, I buy in bulk well in advance at the price I want and I leave stuff up until it sells for the price I want.
This is an excellent example of how people who think they own a niche... don't. There are too many people marketing, even in a low turnover niche like this one.
Business has been very good with the release of Darkness Control.
my lil RWZ Challenge vid