We Need More Writers!
This post started off just talking about Jute Cloth, but then I decided to go off the deep end and keep typing about a secret market that is making me great money at the moment...
Previously on the blog, I spoke about flipping copper ore to make a copper per transaction after fees. It wasn't a lot of money, but I mentioned that if you did this for more than just one commodity that it would be very much worth your time. Today I'd like to cover another market where that strategy works wonders and gives just a bit more copper for your time.
In this example, I'm buying Jute Scraps at 24 copper each, and when I go to sell them, they will be posted at 30 copper per. After fees I will earn approximately 2 copper on every Jute Scrap I flip.
I find that it's easy to fill my buy orders out during the weekday mornings for much cheaper than on the weekend nights. Something to keep in mind when attempting to do this.
So now you know how to take Jute Scraps and Copper Ore, two of the most commonly traded items on the trading post, and make a few silver every time you log on. Even though they are 1-2 copper profits each time, that's pretty much guaranteed money while you go run off and do other things.
At some point, you're going to take off the training wheels and be ready to do this on much more expensive items. Don't worry, we'll get there, and I have one more big market to share in this post. I have a big spreadsheet that I've broken down by profit margins, but it isn't ready yet to be given out to the public. Mainly because I don't know if the items in question will ALWAYS be profitable. If I give it out too early then a lot of people could lose gold instead of making more. I also want to add a few dozen markets, but it takes a lot of research to find the best ones that not only have good profit margins but also the volume to support dozens of people playing the market at the same time.
1-2 Copper (8 items)
3-5 Copper (6 items)
6-10 Copper (6 items)
31-50 Copper (4 items)
1 Silver (3 items)
2-4 Silver (2 items)
Note that these items are NOT weapons or armor. They are all frequently traded crafting materials.
All I have to do when I log on and off is run down my spreadsheet and place buy orders on each item. Make sure to use small buy orders, like sets of 25, even if you want to buy 100+ (that just means that you will have to create more than one buy order of 25). I do this because the game seems to take FOREVER to fill a 100+ buy order, but four 25's will be completed in a quarter of the time.
So let's share one more awesome market that makes me a good bit of copper per transaction.
(I debated for like 5 minutes on which one I wanted to show you...)
(Ominous drum roll...)
|Head of Garlic Sold|
In this screenshot I was buying Heads of Garlic in stacks of 25 at 38 copper each and reselling at 70-72 copper each. That was a 4-6 copper profit every time. What you don't see was how quickly this was happening. I made a silver per minute on average doing this, on top of every other market I was playing at the same time.
You think, oh, who cares? These are pennies. What if I told you that there are crafting materials that consistently make 1-2 silver per sale doing the same thing? They aren't as fast, but they do sell eventually. But if I sell 1 item that gives me a silver per minute, then I make the same amount as I do with the garlic. Since I'm filling out buy orders, the time investment is still identical. One is not better than the other, because you should be playing all the markets at once! Diversity is the key.
I'll be sharing far more with anyone who subscribes to this website. Also, stop getting used to just clicking "match lowest seller" all the time. Actually open up the main trading post search area and find the item you want to sell before making a decision on where your price should fall.