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Sunday, March 17, 2013
Here's an awesome tip that was mailed to me in game. Check out the screenshot below for why "7" is the best ending digit for any item's price.
Basically, a buyer will do silly mathematically gymnastics when they try to decipher the value of a 7. They will round down or up depending on whichever is better for their situation. When buying they round down and when selling they round up.
As a seller, try to use 7's in your pricing as often as possible and you'll notice more auctions selling simply because of the affect it has on the people who buy from you.
Off topic but coming up tomorrow is the post where I lay out 50 amazing markets for day and week trading. If you want to know them before anyone else, join the forum!