As a trader myself im growing a little tired of the bad name traders get here at Entropia for a number of reasons, but the main reason is that this misconception of the trader is slowing down the economy especialy here on arkadia and this misunderstand is spreading like wild fire right now, there isnt a session now that i dont see someone talking complete trash about traders and how they are ripping people off, so basicly im here to open a discussion on this subject and hopefully change the way that traders are looked upon.....
The Root of the problem IMO starts with the fact we are dealing with a real money economy here in EU, this strait away instills a sence of "That guy just robbed me of x amount of cents".... so let me clear this up right now with the fact that 999999999.99% of EU avatars WILL LOOSE in EU, it has to work this way for EU to exist and fund the development of EU.
Everyday day we all log in all the miner's and hunters except that you can drop X amout of ped and the loose on the return thats just life here and has to be exepted by the population, Those that dont exept this play for a while and leave bitching, so we will just assume that we all except this fact ...
The Second thing is UNDERSTANDING MU!!!!, this is the part that really chaps my ass, the number of people i see in this game that 1. go on DAILY MU .. 2. think that they should/can get that value for there items. so let me explain in the hope we can clear this up....
1. DAILY MU
This isnt a very precise way to look at the MU value on most items, simply because the stats for the D/MU could be pulled from 1 person buying the item at higher OR lower than the average MU, this is more-so on items that are not sold in the 1000s, its just like a football players stats.... if player 1.. has played 2 games and scored once his score % is 50% does that make him better or worse than player 2... who has played 100 games and scored 48 times??? the answer is neither!!!! because there simply isnt enough data on the first player to get a clear picture, player 1.. could go on to be a superstar and have a scrore % of 98% or he could be the biggest donkey to hit the field 50 years WE JUST DONT KNOW!! because the data isnt there.. and the same applies here...
Its mutch better to look at the weekly as there is a lot more data there to give a clear picture, if the daily MU has lots of data 9x outa 10 you will notice its pretty much the same as the weekly give a nats fart here and there, so please dont always go by the D/MU its just not detailed enough and its only YOU that will loose out on it so do yourself a favour and use weekly MU stats to get a better picture of the market value....
2.Whats it Really worth?
This is where it gets interesting, please bear in mind that we are talking stackables here, singular items run at a slightly different basis, so we are taliking your lootable stackables ores/skins EnMatters that kinda stuff...
99999.99% of the data that you get from MU is that item sold in BULK quantities, meaning that people are paying at auction around this figure... so when you come back of your mining trip and you have 30 kaz please dont think that its worth top MU or if anyone offers to buy it from you that you can expect that %, this is where people need to really understand the idea of the complex economy here in EU....
The MU of any stackable is after auction fees witch are added to the sellers price most of the time and as i say 999999.99% in bulk (in 1000s)... now your 30 kaz is not worth the MU shown IN THOSE QUANTITIES.... the only way your going to get anywere near that is if your lucky enough to know a crafter who will keep meeting with you and buying your 30 kaz and other loot but even he wont want to pay top MU as he can just go to auction and buy in the quantites he needs (we are talking thousands here) at possibly a better MU its just not worth the hassle keep mucking around buying your bits at FULL MU.... he may as well go to auction buy what he needs or put up an order, as he isnt always crafting with the same mats, so unless he has ped to burn your out of luck.... now im not saying these relationships dont exist because they do but there very VERY rare and its not simply walk up to him and sell your loot at full MU...
Now im not saying you cannot get your top wack MU, but if you do want that % or anywhere close to it then you better invest some ped so you can fund your hunting/mining runs and build on those stacks untill you get a decent stack size (500 min *refined) and put it through auction yourself footing the auction fees and sale price % at auction, its a prety simple concept...
But all is not lost you can list your 30 kaz on auction AS IS!!! thats right folks and ive get even better news its normaly runs at at a mutch higher % in smaller numbers grate huh? well not when you talking about selling a couple of ped worth of stackables and your have a 0.5 ped charge for listing it AND the chances of you selling that small amount is a LOT lower than selling it in large quantities at the going MU, this is for the same reason your very lucky to find a crafter to buy your bits on the street..... why would he buy lots of small amounts at a hiked MU??? there are only very few circumstances this will happen I.E hes just finishing off a run of a given BP and needs justa small amount of a given mat.... thats it! no other reason... so by all means list your small amounts of loot and sit there for a week with no mining/hunting because your waiting for ll that juicy ped to come in from top MU only to find out you havent sold a bean but you got a nice 0.5 ped auction charge....
THE TRADER (THE EVIL ONE!!!)
Yes the trader.... the Theif... the rip off merchent.... the guy who laughs in your face while he STEALS your hard earned ped...
first of all we need to place the trader... where does he sit in the economy?
Miners/Hunters
|
|
Traders
|
|
Crafters/Tailers
Again if you are able to fund your hunting/mining and are in a possition to accumalate large stacks then auction it off your self or find a crafter and sell directly to him, IM TELLING YOU this is the best way and im a trader! you will make more ped but depending on the terms of the relationship you may still be stuck with other types of loot as it depends what mats the crafter is looking to buy... if you get a crafter who is willing to buy ALL at a couple of % bellow MU you look after him lke your own child! as buisness relationships like this are very hard to come by, But for most of us here in EU we need to turn our ped around quickly and do what you come to EU to do, mining/hunting what ever... so lets recap on our options
1. deposit a decent lump of RL cash into EU to fund about a weeks worth of mining/hunting and sell your loot at auction at the full MU (and be prepared to wait a few days for it to sell also)
2. List your small stacks on auction, wait several days and hope they sell @ hiked MU or your left with a 0.5 ped auction charge for non sale...
3. list your small stacks on auction at averge MU and loose out bigtime with auction fees (0.5 ped is a lot out of 4 ped worth of mat)
4. Find a crafter who will buy all you loot (buying only given items is no good a few ped here and there wont fund your next mining trip...
5. Sell it to the trade terminal
6. OMG Sell to a trader (cue evil music).....
So why a trader?
1. A trader will give you a % of the MU on your loot...
2. he will buy ALL your loot not just what he needs
3. No waiting about you drop your loot cycle your peds and your off mining/hunting again
Now this is where people get all hot and bothered...... "this item is worth this % and your offering me this %" well read above again and go get your top MU i have NOOOOOOOOOOO problem with that infact i even advise it, but if your not willing to any of the above please stop bitching that traders are ripping you off...
people need to understand that MOST traders provide a service. they are NOT i repeat NOT!!! just cheaky ass avatars who want to rip you a new one so they dont have to pay the going MU....
So given our options above selling to a trader is by far the best option... but people just carnt get there heads around selling there stuff to another human for less than the % they see in the window, and some would rather TT there stuff than sell it to a trader... all this does is HIKE prices and hold back the economy, its called cutting of your own nose to spite your face... its stupid... your costing yourself ped by loosing at the TT and costing yourself further down the economical road by hiking prices.... its moronic!....
people are under this anal idea that a TRADER... look at the name here "TRADER" should buy in at MU .... what planet are some of you off? but thats just the one side of our trade... what about selling our large stacks of stuff?...
well by the time we have refined the stacks and put it though auction with auction fees and auction fees on sale price the profit isnt really anything to run around screaming about trust me... but then we can always sell to crafters or street sales right? correct... but let me tell you a little story that puts ALLLLLLL this into percpective.....
the other day a guy came up to me asking if i had a specifc ingots to sell.... now these ingots i had ear marked for another customer who buys specific ingots from me once a week, but knowing i had a few days grace before he would be contacting me i thought i would sell these on now, knowing i could replace them for my regular customer... so i went in with my price which was slightly under the MU.... and do you know what the guy said????? your going to like this....
"But thats MU/Auction Price, normally when i deal with traders they are a few % under MU"
Now i actualy agree with the guy.. i just went in high as i had the ingots ear marked and for me to sell em now i wanted a better price, but yea i agree with him.... so why in gods name does everyone want me or all traders to BUY @ MU but sell UNDER MU......after refining the damn stuff ?!?!?!?!?!?!
so what you are all saying is what a trader should be is this.......
1.depo large amounts of cash....
2.buy your bits and bobs @ DAILY MU ..... ohh and a tip ofcorse
3.refine it
4.stockpile this stuff for weeks
5.sell it BELLOW MU
im sorry but this is moronic... and im growing somewhat tired of traders being looked upon as thieves basicly......
i agree there are some traders out there who offer silly % or just go for the highly valuable stackables.... well let me give you a few tips....
if ANYONE is asking for a specific item its worth more.... end of story...
say trader 1. will buy all your goods but trader 2 is only after a few of those goods you need to be asking a higher price from trader 2... as he's only after specified items.. a REAL trader will buy everything within his area of trade.... I.E mining loot/hunting loot... its only common sence......
the other thing is if a trader offers you silly % say 105% on a 150% item then you know what? dont trade with him lol its quite simple... traders make there living off reputation, traders with a reputation of of that kind wont be trading for long because everyone will just go somewhere else.... just because there is a trader there doesnt mean you MUST trade with him... its a choice! take it ot leave it, if your getting ripped off there is only one person to blame....... YOU!!!...
at the end of the day. traders are a VITAL part of the economy and drives prices down within the economy.... being a hard faced idiot who simply refuses to sell there items at bellow MU because they dont understand how MU works and what the real worth of somthing is destroy the economy and hold back the game and more importantly ARKADIA ATM witch is by far the best planet IMO....
so please people.... please.... understand that traders are not cheaky little so and so's who want to rip you off we do provide and service and a vital one at that.... without us crafters cannot do there thing at a affordable price and no crafters means your loot is worth NOTHING BUT TT VALUE.....
its up to you folks....
Craticus
No comments:
Post a Comment
Comment here: