Welcome to Gaia! ::

Well, I was thinking that since we are the "Honorable Association of Merchants," we should have a thread to go to one another for advice on things having to do with (the) exchange.

For example, how much should I price (insert item)? What is reasonable? Sometimes the price guides aren't always correct, yanno? Even so, sometimes it's hard to make up your mind. ^^;

Another example, would (so and so) be a good investment? What plan of action should I take since I'm questing? Et cetera. :3

Personally, I wouldn't have done it. But you may be right in the Marches being worth more than a single December someday. Actually, I can see that happening VERY soon, as you stated that you have seen Marches being put out at 20k. Not to say that it'll happen overnight, but there are so many people out there looking for the slippers that the popularity makes the price go BOOM!

You may reap the benefits of that trade in as little as a month! [/unwarranted optimism]

Great thread idea, by the way!

I'm just worried that the December letter's value's rate of change is drastically greater than the March letter's value's rate of change. Then my value will be less in the long run. But I guess that's the risk you take. :3

And thanks! ^____^

As for your issue, I don't know what to say other than asking you what your priorities are. I mean, if the question is whether or not you should get into the letter business.... Well, like you said, it's really time consuming and stuffs. Do you think you could handle that?

Would it interfere with the shop you know you want to open up? From personal experience, when I had my own little letter exchange shop thinger, I ended up closing it after two (very successful) weeks because the letter's prices kept climbing and you really have to keep up or you'll lose money. It became harder and harder to get the letters at the same price, even if it was only a week or so. Do you think you can keep up?

Either way, though, I wouldn't suggest hiring someone 'cause you should always do things like that yourself to ensure having it done the way you want to.

What letters are you looking to buy anyway? This month's sealeds?

I don't know if I can keep up nowadays... too much work.

I want to keep up with the sealed letters, but I would like to get my hands on a January and possibly even a December (which I'll quest for soon).


Shai, I've only dealt in items so far. I could tell you about art and stuff once I open up my other shop... but item shops tend to always have some customers, from what I've seen. Wishlists and other lower-tech graphical art shops have a steady flow of consumers, but that depends on the quality.
REAL art shops (that are good) will have more than their fair share of work to do. Now, how profitable any of these things are, I can't tell you. Try one out and see how you like it. No one said you had to do it perfectly the first time. 3nodding

What kind of mini shop? :3

Yes, definitely. Marches reaching 20k a piece now, so that's 40k. Junes are about 13k? Less? I'm not too sure because of more June items being sold than Junes, but let's say 13k.

13k x 3 = 39k < 40k = 20k x 2

Um, yeah. But the Marches are going up AGAIN! *runs to update her findings* So, um, yeah older=better unless you're talking Febs. Or Mays.

I'll say! I saw one SELL for 20k this morning. (a March)

Yeah. Each day the value goes up. Our economy can't take this much more.