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Sunday, June 15, 2014

Getting More for your TT Food! Auction Advice

While I am doing monotonous things like hunting... Yes, to me it is monotonous... I randomly think of things I don't consciously consider, and then I figure ok now I have something to blog about. Which, is why I am posting now.

A lot of people get a lot more markup for things that otherwise are sold to the trade terminal. The reason this works is because if you need a few pecs worth of a certain ingredient in a huge 10 or 20 ped or more per click craft, it's ok to pay 200% for tt food. If you are dropping several peds per click, or in some cases maybe a ped or two, it won't really affect your outcome much at all. You have two options. Buy in bulk so that you can get it "cheap", but why buy 4,000 ingots of lyst when you need 40 of them? Or buy what you need so that all those peds you would otherwise tie up are free for the main ingredients so you can get more clicks in your run.

So, when you are determining what you can get for smaller lots of "tt food"... Consider when you were crafting. What were you buying and what percentages were you paying for your small lots? Chances are similar lots for similar markups will continue to sell. Convenience is a service. Small lots can be convenient. So, the extra markup is the natural cost incurred by convenience, especially since you still have auction fees to contend with.

The only long term profits tend to come from markups. Not always, but, generally. I know the exceptions are rare but I do know of a very small few. Basically if you can make an extra few peds every hunt, thats an extra few peds you won't have to deposit later.

Go through, write down a list of materials youve bought in small quantities and the price range youve paid for them. This will give you a working guide from which to base future listings on. Certain wools and cloths are good for around 120 to 150% in small lots. Leathers.. Wood... Anything you can't generally do something with.

I hope this gives you some encouragement when deciding what to do with your hunting loot. Good luck!

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