making money using the shop

[bleyzwun]

I dont know if this should be in the gameplay section, but here it goes...

How are you guys making money using the store? I chose to save money to open shop instead of weapons. I have been having a hard time selling things unless they are REAL cheap. I've been looking at the NPC pricing and setting items for half the NPC price. For some reason people won't buy most of the things I'm selling. Should I be selling things cheaper than half off? Also how do you guys figure out how to price things NPCs dont have (or maybe they do... I didnt check every planet's NPCs)?

Also are shops connected on all universes or is your shop only available on the server youre on?

<font size=-1>[ This Message was edited by: bleyzwun on 2006-11-01 13:31 ]</font>

[Percival]

Quick hint. You probably won't be able to sell things you wouldn't buy yourself (Thinking of mate and *aride grinders here as an expample). Also, if you have a lot of something to sell, chances are other players also have enough of it.

Shops are mostly good to sell your obsolete armors and weapons for a good price. They're also good for selling synthed weapons. Just my humble opinion.

On a related note, is this happening to anybody else:

"You have some synth ingredients to sell, you spend half an hour browsing other stores to figure out a good price. When you are finally settled on a selling price you realize that you would have made double that amount by spending that half hour in the field instead." Happened to me a lot.



<font size=-1>[ This Message was edited by: Percival on 2006-11-01 13:39 ]</font>

[MaKaVeLi_X]

Yeah... My shop has things extra low, Today a I had a huge Amount of buying customers compared to yesterday and all I did was lower prices a little.

[Remedy]

Nanosilica
Nanocarbon
Moon Atomizer X
Tear of Light

My four-step process to mass money from my shop.

[Tornasu]

People are still learning how to use the game. Maybe people hasn't bought stuff before they dont know how to use the shop option. See... im speaking from experience... i just found out that i can buy stuff!!!!
I shouldn't of skip the training =(

[Apathy]

It depends on how much time you want to put into your shop.

Being a Merchant and being a Gaurdian are two different things in the end. You can be both, but the goals are different. One would rather Kill monsters, do missions, and get the rare drops. Can you imagine yourself actually selling that shiny new rare sword that just dropped? or would you rather be using it? A Merchant seeks adventure too, but our goal is to also make that big score. And the only way you are going to be able to sell that "big score" is if you establish yourself with the basics. I could go into a lecture about economics and sales, but then I would be boring you and scaring myself.

However here are my suggestions, or rather, what I am doing In my shop. I lead by example ya know.

1) I dont just sell "Base" Weapons, go out and grind them too, its okay to charge an extra "hazard fee" on these weapons, they COULD break you know. But it also keeps your arsenal unique. I rarely sell base level weaponry.

2) Yes medicines are good "Fluff" Items if you sell them cheap. However you wont be getting rich off of them. Often times you will be eating them up yourself.

3) I keep improving my Personal Machinery and keep synthing with her. People can actually look at what "she" has made recently. And this does well to suggest the services I can provide, or what may be in my shop more often at a future date.

4) If you make a gut check you will know if you are undercutting, or ripping someone off. Stay honest and the business will come. People can smell a rat a mile away, and you dont want a "that jerk" reputation.

5) Whenever possible farm your materials, that way it is a 100% profit (if you are a crafter). Sometimes a weapon drops too, up to you if you sell that... I like to call it salvaging.

Other than that .. the rest is just Toppings and Fluff. Ive decorated my room so its not the same color as everyone elses. I also do research by visiting other peoples shops. Sometimes, afterwards, I will sell lower, and other times I will keep my prices where I see as fair. My farming experiences are much different from theirs after all, until i get a certain surpluss of materials, my prices dont drop. I also synth in my room and chat with people occasionaly, taking thier suggestions. I try to build a rapport, not just try to take their money. Thats my PM's job!

End the end, i just try to be friendly and professional with my shop. I believe "If you love it, it will love you back."

::laughter::

<font size=-1>[ This Message was edited by: Apathy on 2006-11-01 14:11 ]</font>

[Razorback]

i make my items that i sell in the store, so it costs me nothing to make, so if it dont sell for a while i drop the price alot, then it will sell to some crazy dude who gots 100 meseta buring a hole in there g-string

[Typhoeus]

Here's a tip: If your on Xbox360 don't sell your elemental photons for 300+ meseta each. That's called douche and people won't buy your shit.

[Carnage781]

I've made like 150k profit in my shop, just depends on what you sell

[Nukei]

How do you use the shop option? Story mode and Tutorial didn't tell. >_>; xD