Welcome to Gaia! ::

Pheregames's avatar

Desirable Streaker

14,600 Points
  • Mega Tipsy 100
  • Threadmaster 200
  • 50 Wins 150
Evil_Eevee1313
Pheregames
Evil_Eevee1313
I used your guide and made 45k~
{{ }}


Great job. I'm glad it worked out for you. And I'm sure you'll be able to make more in the future as well.

I made 45k with 2 items. In one day.
{{ }}

You really do get good deals sometimes. And the more gold you have the better opportunity you have in the future.

The nice thing is since you're making gold like this, even if you buy items you'll still be "up" this amount of gold. Unless you actually go out and donate or give away everything your "value" won't decrease. You can always sell off an item and be worth more.
Pheregames's avatar

Desirable Streaker

14,600 Points
  • Mega Tipsy 100
  • Threadmaster 200
  • 50 Wins 150
Text to go before each message
Minor updates to the front page.

And yey aced my econ exam.Text at the end of each message
Jinxxed's avatar

8,900 Points
  • Invisibility 100
  • Millionaire 200
  • Sausage Fest 200
Well, just to update you.. I made my first million last night.

Thank you!! heart biggrin


Congrats on your exam, btw!!
Pheregames's avatar

Desirable Streaker

14,600 Points
  • Mega Tipsy 100
  • Threadmaster 200
  • 50 Wins 150
Congrats. You made my title true :]
User Image

------

Ephemeral_Dream's avatar

7,000 Points
  • Hygienic 200
  • Gaian 50
  • Member 100
What happens if you come across an item that is highly popular to sell but is currently inflated? Should I bid 90% based off the average buy price?
Pheregames's avatar

Desirable Streaker

14,600 Points
  • Mega Tipsy 100
  • Threadmaster 200
  • 50 Wins 150
Ephemeral_Dream
What happens if you come across an item that is highly popular to sell but is currently inflated? Should I bid 90% based off the average buy price?
{{ }}




Since you know it's inflated you can either A) Explain that it is, and bid according to the older price [which the seller sometimes is like yeah, I know it's inflated so I'll take that bid] or B) bid according to the new price and sell it before it swings back.

Sometimes the inflated prices sticks and that's why prices do change over time, it just may take somebody to up the price to make people realize the item is worth having. Or the price may drop and you just may walk away from the item.

Think about what time of day it is--obscure prices show up late at night, sometimes really high or really low. Also consider the quantity of items being sold... if only 3 have been sold so far the ABP might be super out of wack-- although this is not your case.

I'd say start your bids according to whatever is the lowest. If it's inflated and they don't like it, you may wish to bid 60,70,75% of whatever the inflated rate is.
Pheregames's avatar

Desirable Streaker

14,600 Points
  • Mega Tipsy 100
  • Threadmaster 200
  • 50 Wins 150
Pheregames's avatar

Desirable Streaker

14,600 Points
  • Mega Tipsy 100
  • Threadmaster 200
  • 50 Wins 150
Pheregames's avatar

Desirable Streaker

14,600 Points
  • Mega Tipsy 100
  • Threadmaster 200
  • 50 Wins 150
Wow this is long. Thank you for taking the time for us readers! 4laugh
Bookmarked heart
Khlowi's avatar

Noob

Great guide but I disagree with your stance on RIGs.
First 1 - 3 days a RIG is out it sells like crazy.
I make a good over 2m by opening bundles and selling them separate.
And thats just off of one bundle.

But I suppose that is just me.
Good luck helping future vendors. c:
Pheregames's avatar

Desirable Streaker

14,600 Points
  • Mega Tipsy 100
  • Threadmaster 200
  • 50 Wins 150
Khlowi
Great guide but I disagree with your stance on RIGs.
First 1 - 3 days a RIG is out it sells like crazy.
I make a good over 2m by opening bundles and selling them separate.
And thats just off of one bundle.

But I suppose that is just me.
Good luck helping future vendors. c:

Actually I had brought that up. Although it's pretty rare that it happens after a few hours once prices stabilizes.
Khlowi's avatar

Noob

Pheregames
Khlowi
Great guide but I disagree with your stance on RIGs.
First 1 - 3 days a RIG is out it sells like crazy.
I make a good over 2m by opening bundles and selling them separate.
And thats just off of one bundle.

But I suppose that is just me.
Good luck helping future vendors. c:

Actually I had brought that up. Although it's pretty rare that it happens after a few hours once prices stabilizes.

Prices normally don't stabalize for over a week.
It also depends on how wanted the RIG items are.
LSF-K3NT4's avatar

7,200 Points
  • Bunny Spotter 50
  • Bunny Hunter 100
  • Bunny Hoarder 150
DUDE thanx soooo much i had 20k and now i got my mythrill halo in one day when i get loaded like a rich ----- i will totally think of you

Quick Reply

Submit
Manage Your Items
Other Stuff
Get Items
Get Gaia Cash
Where Everyone Hangs Out
Other Community Areas
Virtual Spaces
Fun Stuff
Gaia's Games