I am pwiHM from Sanctuary server, and I will start posting on PWInsider very soon. My posts will review the Boutique merchanting markets such as: Dorbs, Packs, and Rank. I will also be critiquing the major competitors in each market, and with such information, give my readers insight on how to approach the specific market. My target audiences are both seasoned merchants, and beginners who need help selecting a market to enter.
I feel that to merchant effectively, one must consider these questions:
-Which market generates the most profit?
-Which market is the easiest to enter?
-How fast do products sell?
-What to expect from the competition?
I will try to analyze Sanctuary markets for Sanctuary merchants and aspiring merchants. My posts will merely provide insider information on how to effectively compete in these boutique item markets. WarrenWolfy has a fantastic guide on how to actually merchant, here. It might be a while before I give full reports on each market. This is because I plan to see my investment go into fruition before I expose my information.
Occasionally, as I think of vital merchanting tips and tricks, I will post them. I, personally, have never read through WarrenWolfy’s guide, and I hope I do not repeat his words. But if both of us are saying it, then… it must be important!
Now, a more personal introduction.
I’d like to keep my identity hidden, as I believe all merchants should. Although, I’m sure some people can already guess. Now, allow me to answer the question most of you are thinking: What qualifies me to talk to you about merchanting? I’m sure the merchants reading my posts are eager to compare assets and dismiss me if I don’t match up. So enough speculating. I’m not at all embarrassed of my earnings, and I’ll just tell everyone.
I’ve played this game for about a year. After several months of merchanting, I have acquired 10,000 Gold, which have been turned into assets going out of the winter sales– meaning when I turn it back to gold, I will have significantly more. Only around 1 Billion coins from my assets were farmed, but after a while of farming, I realized it was just not for me.
Other questions people might have for me:
Did you ever charge?
No, not even for starting capital.
Did you gear up any of your characters?
Yes, I have Rank 9 with high refines and shards.
Now, to answer a question from myself to me:
Why am I providing Sanctuary users with information that could heighten my competition?
I thought I was never going to reveal my techniques and secrets to anyone, but here I am. The truth is that I’m burned out. I’m tired. It’s the huge sales that PWI throws out that wears me out. I wake up to 100 stacks of Ten Million Big Notes that I have to convert back into Gold before the day is over, otherwise I risk Gold rising and my coin losing value. I don’t have time to buy so much gold at Auction House. In short, after I convert all my current coin and assets into gold, I’m done with merchanting daily. However, I might come back once in a while to invest on big sales and increase my Gold amount by 10-15% off-sale by riding the gold deflation. There would be nothing other merchants can do to stop me– because I would control so much product, and sell for nearly unprofitable rates.
Although I already have one foot out the door, I’ll still be casually watching the markets. I’ll do my best to stay up-to-date, and hopefully when I start posting, you guys will enjoy my posts.