Lt. Commander
Join Date: Dec 2007
Posts: 120
I know there are threads out there about the outrageous prices on the Exchange, but I'm just wondering if anyone has actually managed to sell anything at those prices? I was going to sell some stuff, but I looked at those prices and thought, "Nobody's going to buy this!" I was actually going to post things at a reasonable price, but since you can't sort by price (or at least, I didn't see an option), I figured people would never find the reasonable prices through all the ridiculous prices.
So has anyone actually sold a Mk I phaser for 30k?? Or are people just wasting their time and wondering why the fish aren't biting? I figure I'll just vendor everything and at least get it off my hands.
Lt. Commander
Join Date: Dec 2007
Posts: 120
# 2
02-05-2010, 08:45 AM
I sell many things on the exchange. I don't post things at the outrageous 30k for a MK 1 phaser price though.
Lt. Commander
Join Date: Dec 2007
Posts: 120
# 3
02-05-2010, 08:57 AM
I sell stuff on the Exchange every day. White gear sells fine, if you're reasonable in your pricing. Blue and Green gear sells even better, and apparently allows room for some unreasonable pricing.
Lt. Commander
Join Date: Dec 2007
Posts: 120
# 4
02-05-2010, 08:59 AM
I sell on occasion - usually dumping huge amounts of 'crafting' material I have no real desire to use myself as by the time I get to the next 'tier', I'm already two ahead of it at normal acquisition rates unless I farm. >>

EDIT: And I try to keep it from being ridiculous - I think I threw 40 some odd Mineral Samples up for 25k the last time I did anything, when they were selling for about that much on average for 1/8th the volume.
Lt. Commander
Join Date: Dec 2007
Posts: 120
# 5
02-05-2010, 09:06 AM
I usually look at what others are charging for the item I want to sell, then undercut their prices while still making a good profit (Usually at or a little under 2x the initial price of the item.)

I thought it broke one time and didn't list one of my items, but it turns out someone just bought it within like 5 seconds of me posting it.

The reason it looks like everything has outrageous prices, is all the things posted for good prices are being sold.
Lt. Commander
Join Date: Dec 2007
Posts: 120
# 6
02-05-2010, 09:01 AM
I don't understand all the questions and complaints about prices. This is an online game. Online games have some of the oddest economies you'll ever see. When placing someting at a high price, the seller isn't losing anything at all. So what if people don't buy it ever? It's not like the seller is going to use his item.

But what if someone DOES buy your MK I phaser for 30k? Then good on you.



A personal experience from the other day: I looted a MK III purple-quality item that was utterly useless to me. I looked on the exchange, saw one on there for 2.4mil, and thought, "Now this is an opportunity!"

So I posted in zone chat that I was selling the same item for 400k. Holy smokes, I was inundated with whispers from all kinds of people, none of which wanted to buy it. Some people were actually ANGRY. Appalled that I would sell ANYTHING for that cost, much less a MK III.

I got several comments like, "nobody can afford that, this game was just launched, what's your problem?"

My response? "But what if someone can? What if someone does?"

After about five minutes of performing damage control on all the flames sent my way, I decided to try my luck on the exchange. At 2am, GMT -8, I set the item up for 400k. When I woke up at 6am, it had already sold.

That's right, sold. Sold for a "ridiculous price nobody would ever pay".





What's my point in all of this? Who cares if a body wants to try to set bait for a sucker? If an item is purchased, the price wasn't "too high".
Lt. Commander
Join Date: Dec 2007
Posts: 120
# 7
02-05-2010, 09:05 AM
Quote:
Originally Posted by wolfman007 View Post
I don't understand all the questions and complaints about prices. This is an online game. Online games have some of the oddest economies you'll ever see. When placing someting at a high price, the seller isn't losing anything at all. So what if people don't buy it ever? It's not like the seller is going to use his item.

But what if someone DOES buy your MK I phaser for 30k? Then good on you.



A personal experience from the other day: I looted a MK III purple-quality item that was utterly useless to me. I looked on the exchange, saw one on there for 2.4mil, and thought, "Now this is an opportunity!"

So I posted in zone chat that I was selling the same item for 400k. Holy smokes, I was inundated with whispers from all kinds of people, none of which wanted to buy it. Some people were actually ANGRY. Appalled that I would sell ANYTHING for that cost, much less a MK III.

I got several comments like, "nobody can afford that, this game was just launched, what's your problem?"

My response? "But what if someone can? What if someone does?"

After about five minutes of performing damage control on all the flames sent my way, I decided to try my luck on the exchange. At 2am, GMT -8, I set the item up for 400k. When I woke up at 6am, it had already sold.

That's right, sold. Sold for a "ridiculous price nobody would ever pay".





What's my point in all of this? Who cares if a body wants to try to set bait for a sucker? If an item is purchased, the price wasn't "too high".
And it's people like you that assist inflating prices. I hate your type.
Lt. Commander
Join Date: Dec 2007
Posts: 120
# 8
02-05-2010, 09:09 AM
Quote:
Originally Posted by lunatec View Post
And it's people like you that assist inflating prices. I hate your type.
Putting on the horns, tail, and wings to play Devil's Advocate, but how exactly is it inflating prices in this instance necessarily?

By undercutting the one price by around two million, for a very hard to obtain item (at around 16% of the other price on the market, mind you), isn't he doing something in this case to REDUCE prices drastically across the board?

And it was clearly worth the price to the person that bought it, as someone did.

Where's the inflation again?
Lt. Commander
Join Date: Dec 2007
Posts: 120
# 9
02-05-2010, 09:15 AM
I usually sell at just above what the replicator will give me and under the lowest price in exchange. I then buy the ones that are under the replicator price and sell them to the replicator
Lt. Commander
Join Date: Dec 2007
Posts: 120
# 10
02-05-2010, 09:15 AM
I usually post what I'd get at the vendor (if its really "meh") or the price the item specifies its worth. for green stuff im not using i usually add 500 - 1500 on top of that considering how useful it is and for blues i add maybe 1 k - 4 k depending on usefulness.

I sell ALOT of sutff this way 20+ items today and even more yesterday. most people know what they are looking for and filter down and this lessons the clutter quite a bit and your price stands out much much more, it also helps the in game economy because the people posting for 150k for something im selling for 5k arent moving their stuff at all they will eventually sell to a vendor or lower their prices.
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