Guild Wars 2

I know a lot of us are naturally very secretive about what we flip, which I understand of course but I have a few questions. Hopefully these questions won’t give away your market and you will feel comfortable answering them. If you don’t then just move along.

What TYPE of items do you flip?
A) High bulk, fast moving (e.g copper ore)
B) Medium bulk, medium moving (e.g exotic trinkets)
C) Low bulk, slow moving (e.g items around 50g+)

What % profit margins do you work to?

How many different items do you have on the go at once?

I hope you can comfortably answer these questions, it would be very interesting to know what other people work at.

I flip “B” exclusively, and won’t place a buy order unless it looks like I could make at least 85% profit (100% before fees, i.e., existing buy orders are 1g while sell orders are 2g). Qty varies, but I usually have about 500 unique buy orders (500 different items) and 500 items placed for sale at any time. Which isn’t a ton, I know, but my time is limited to about 45 minutes a day, so I make the most of it.

eveleaf.4132:

but I usually have about 500 unique buy orders (500 different items) and 500 items placed for sale at any time. Which isn’t a ton, I know, but my time is limited to about 45 minutes a day, so I make the most of it.

This is what I don’t understand and is what I kind of wanted to get at. How do you manage 500 different items? You said it’s not a lot but I do around 50 items at a time and it is starting to get unmanageable and i’m finding it very time consuming. I guess I might update my buy orders more regularly that others, I don’t know.

Joe.8142:

I guess I might update my buy orders more regularly that others, I don’t know.

Probably this. I figure that once I list something for sale, it’s better to leave it up for weeks if a sale is still possible than to babysit and take it down, relist, and pay that fee all over again. I’m not going to leave something up forever…I have a cut-off time. But it’s pretty long. ;-)

eveleaf.4132:

Joe.8142:

I guess I might update my buy orders more regularly that others, I don’t know.

Probably this. I figure that once I list something for sale, it’s better to leave it up for weeks if a sale is still possible than to babysit and take it down, relist, and pay that fee all over again. I’m not going to leave something up forever…I have a cut-off time. But it’s pretty long. ;-)

No, no I don’t retrieve my sales orders unless there is no hope in selling it. But my buy orders I will update quite often to make sure I am on the competitive edge. But it does take time to put offers in for everything again due to the clumsiness of the TP.

I mix all 3. I would have to say that my investments are 50% high bulk, 40% medium, and 10% are slow moving big ticket items. I aim for 20% profit but will go as low kitten (apparently using the word “as” before 5% is a censor lol). I might even sell at a loss if I need the money to reinvest somewhere more profitable cause there is an opportunity cost to having stuff that isn’t selling just sitting there of the TP.

Joe.8142:

No, no I don’t retrieve my sales orders unless there is no hope in selling it. But my buy orders I will update quite often to make sure I am on the competitive edge. But it does take time to put offers in for everything again due to the clumsiness of the TP.

Nothing wrong with that if you’d rather concentrate on a smaller market, though you might be driving your prices up. At a copper each time (or whatever) the impact is fairly low so you’re probably fine.

Personally, if someone “overcuts” me, I wish them joy of it. I’ve already moved on to a different market. Like the sell offers, I don’t cancel my buy orders for a pretty long time, and most are eventually fulfilled anyway.

I prefer high bulks, and things that stack to 250 in one inventory slot.

Fast moving ones are ok, if they show some kind of regularity and arent completely random ;).

Edit: i keep y profit margins above 10%, usually its more like 20-50% though. Its past midnight so i cant think straight :D.
edit: ok, so i didnt read the OP properly… I usually flip as many different items as i can. When im not lazy, im a day flipper and i just buy as much as i can of a single item per day. The rest of the money goes to ofher items :P

I usually flip A on the rare occasions I do flip. I also do something unusual with it. I usually look at my extensive list of crafting skills on all of my toons, and see if I can make something useful out of lower cost parts. I guess that doesn’t make me a “true” flipper in that sense.

I flip Sam for 1 copper. Feel free to join in on this intensely profitable market.

Probably this. I figure that once I list something for sale, it’s better to leave it up for weeks

Now that you mention this…
I like to leaving items for months