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Rotate Your Stock

posted Dec 11, 2014, 4:12 PM by SaSa The Singing Skeever   [ updated Dec 11, 2014, 4:26 PM ]

So now that we’ve been up for a couple of weeks, I bet some of your stuff hasn’t sold. And it’s been up for 10 days or longer.

 

There can be many reasons that stock doesn’t sell.

 

1.    You may have priced it too high. It simply won’t sell if that is the case. (And I would ask you to please not use the guild store for extra bank space. Create some character mules for that and max out their packs.)


2.    The market may currently be flooded with that particular item. It happens. Stuff that was selling at a good price all of sudden quits selling. You have a couple of options here - either drop your price to the current market or pull it until the price stabilizes. I’ve had some cases where the prices came back up and others where the price permanently dropped. It’s all part of the buying/selling game.


3.    The natural ebb and flow of selling. Sometimes things just become popular and then just as quickly, the fad moves on to something else.


4.    Changes in the game affect market price. The most recent example of this was the effect of crafting writs on material prices

 

5.   And in case you haven’t noticed, there seems to be a psychological barrier to buying stock that’s been in the store too long.

 

An example…

 

One of my guilds lost their kiosk for a couple of weeks. Because of that, not much sold. So when the kiosk did come back up, I was puzzled that much of my “normal” stock wasn’t moving. So I tried this experiment. I took down everything that had been listed in the store for more than 10 days and replaced it with the exact same thing at the exact same price. As a result, it all started selling again. Was I annoyed to pay the listing fee twice? Absolutely! But my goal was to sell and leaving those long-term listed items in the store wasn’t working.

 

So rotate your stock. Check out what other people are listing and think about filling in the gaps. I think you’ll find that your sales will increase.

 

And don’t forget - please keep your 30 sales slots filled!

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