Projected profit figure?

Projected profit figure?

in Players Helping Players

Posted by: WolfiKurisu.6894

WolfiKurisu.6894

I understand what it means, but if I’m selling at a certain price, and take away the listing cost, why doesn’t the figure match the projected profits’ figure?

Sometimes it does, other times it’s way off, more inaccurate at higher prices.

Attachments:

Projected profit figure?

in Players Helping Players

Posted by: Behellagh.1468

Behellagh.1468

Projected profit is the sell price minus the 10% sales tax. The listing fee is extra and is not factored into the projected profit at all. That means you are only getting 68c true profit with that item.

We are heroes. This is what we do!

RIP City of Heroes

Projected profit figure?

in Players Helping Players

Posted by: Danikat.8537

Danikat.8537

I’m pretty sure the projected profit takes into account both the sales tax and the listing fee.

I know when I’ve tested it before the projected profit is exactly what I received, but it was a long time ago and I can’t be 100% sure if I tested it with both instant sales and listings.

Danielle Aurorel, Dear Dragon We Got Your Cookies [Nom], Desolation (EU).

“Life’s a journey, not a destination.”

Projected profit figure?

in Players Helping Players

Posted by: Cassocaster.4576

Cassocaster.4576

Selling price – listing fee(5%) – item sold fee(10%) = net projected profit. let me add that the TP has NO IDEA what you paid for it so profit is simply your net return on the sale, your profit (or loss) is yours to calculate.

Projected profit figure?

in Players Helping Players

Posted by: WolfiKurisu.6894

WolfiKurisu.6894

Thanks for all the…different answers :P I’ll do some calc’s of my own later and see what I find.

Projected profit figure?

in Players Helping Players

Posted by: Behellagh.1468

Behellagh.1468

http://wiki.guildwars2.com/wiki/TP#Fees

There are two Trading Post fees, both paid by the seller; they total up to 15% of the total sales price.

- A non-refundable listing fee of 5% (minimum 1 Copper coin); this is paid when you post and is not returned if you remove the order.
- A 10% tax on successful sales; this is deducted from the amount available at pickup.
- Although both fees are listed in the trading panel, the “projected profit” only deducts the 10% sales tax.

For example, if you offer an item for 1 Silver coin 0 Copper coin, the panel will show a projected profit of 90 Copper coin and a listing fee of 5 Copper coin, which means you will end up with 85 Copper coin net profit, if and when the item sells.

We are heroes. This is what we do!

RIP City of Heroes

Projected profit figure?

in Players Helping Players

Posted by: Cassocaster.4576

Cassocaster.4576

Lesson learned, thanks Behellagh…..

Projected profit figure?

in Players Helping Players

Posted by: Danikat.8537

Danikat.8537

Does the listing fee still apply if you sell it immediately to the highest bidder instead of listing it for sale?

Danielle Aurorel, Dear Dragon We Got Your Cookies [Nom], Desolation (EU).

“Life’s a journey, not a destination.”

Projected profit figure?

in Players Helping Players

Posted by: Khisanth.2948

Khisanth.2948

Does the listing fee still apply if you sell it immediately to the highest bidder instead of listing it for sale?

Yes.

Projected profit figure?

in Players Helping Players

Posted by: OldSomalia.6180

OldSomalia.6180

Does the listing fee still apply if you sell it immediately to the highest bidder instead of listing it for sale?

If you are selling to bidders, sell your item for the absolute minimum (1c over vendor price, if no vendor price, then simply 1c). The listing fee will still be 5% of that. Of course, 5% of 1 copper is not actually anything in this game, so you’re effectively saving that bit of change. (Although they might have changed it, I still do this purely out of habit.)