Listing fee + 10% sale fee???
Purchases on the trading post must be made using coin and there are two fees applied to sales: 5% of the asking price to list and a 10% tax when the item is sold.
I never expect to lose. Even when I’m the Engineer , I still prepare a victory speech.
No, they have never include the list fee in the “projected profit”. The “projected profit” is what you will see when you pick up your earnings from the sale. So when you post something for 1g you know ahead of time you will only be picking up 90s. That’s why the listing fee is listed separately, you’ve already paid that ahead of time. Simply subtract it from the “projected profit” to get the actual sales income.
If you don’t want to whip out a calculator every time, you need to charge at least 20% over the cost of whatever you are selling to break even, well actually a trivial 2% profit (1.20 × 0.85 = 1.02).
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RIP City of Heroes
I wonder how i made some profit earlier... guess i was lucky
Wait, what the hell?
Are you guys saying that some nut in GW2 team decided to not take list fee into account alongside projected profit?
I mean, by the Six Gods and Abaddon below, what train of logic approves of that? It introduces one more unnecessary step
I always thought that “Projected Profit” takes into account everything, including the sale tax.
Ah, ANet,if only you put as much work into pleasing your customers as you screw them in every possible way
You didn’t see it at the beginning, when there was no notification? They went through several iterations before the current system quieted enough people down.
I certainly didn’t see anything at the very beginning, because my account didn’t exist back then
By the time I started playing, the current system is already in place
Ah, ANet,if only you put as much work into pleasing your customers as you screw them in every possible way
Lol. The projected profit is much more useful as it is now because you know exactly how much money you will see in the TP when/if the item sells. It’s awesome the inane things people will complain about.
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Ah, ANet,if only you put as much work into pleasing your customers as you screw them in every possible way
Lol. The projected profit is much more useful as it is now because you know exactly how much money you will see in the TP when/if the item sells. It’s awesome the inane things people will complain about.
No, they have never include the list fee in the “projected profit”. The “projected profit” is what you will see when you pick up your earnings from the sale. So when you post something for 1g you know ahead of time you will only be picking up 90s. That’s why the listing fee is listed separately, you’ve already paid that ahead of time. Simply subtract it from the “projected profit” to get the actual sales income.
If you don’t want to whip out a calculator every time, you need to charge at least 20% over the cost of whatever you are selling to break even, well actually a trivial 2% profit (1.20 × 0.85 = 1.02).
Yes, and that in no way contradicts anything I said. You pay the listing fee up-front, and what you pick up when the item sells is exactly what the “Projected Profit” value states.
[VZ] Valor Zeal – Stormbluff Isle – Looking for steady, casual-friendly NA raiders!
Yes, and that in no way contradicts anything I said. You pay the listing fee up-front, and what you pick up when the item sells is exactly what the “Projected Profit” value states.
It is unintuitive and misleading. You don’t go around claiming the “profit” is 20s when there is 5s cost to make that happen, which actually means the profit is 15s. Shady salesmen and marketing companies all around the world use that method to attract buyers, but we’re the seller here, and we really could use a more accurate accounting.
What good would “not taking into account the listing fee in ‘projected profit’” do? Especially in high value, hundreds of gold transactions. I list an item at 500g value, see a listing fee of, say, 25g and see a “projected profit” field, I’d assume that any sane person would take into account the whole listing fee into the “projected profit”
Otherwise, what’s the point of taking into account the sale tax in the first place? If they CAN take into account the sale tax (which is not seen anywhere), what’s stopping them from taking into account the listing fee (which is visible right there)?
So no, it’s not inane. It’s incredible how narrow one’s vision becomes when they try to discredit others.
Do they HAVE to include the listing fee? It depends entirely on how you perceive the word “intuitive” and how willing you are to label newbies as noobs.
simple solution tht will prolly never be implemented, show all listing fees.
Ex: selling for 1s, list fee=5c, sales tax=10c, projected prof=85c.
Will you help me move?