There are a few questions raised in this thread.
Do items put in the Galactic Trade Network sell?
Yes. We have metrics, as well, on what sells, and for what price, which we compare to their drop rates. This gives us a great idea on adjustments we should make for future packs (the drop rates and the pack contents themselves) - which means that our next round of packs will be better, and the ones after that will be better again.
Here are some fun stats
* The White indestructible crystal Median Buyout price = 1.4 million credits
* The Overlord’s Command Throne Median Buyout Price = 1.75 million credits
* The Dominator’s Command Throne Median buyout price = 1.50 million credits
* The imperial banner Median buyout price = 250 credits
* Ruddyscale Kowakian Monkey-Lizard median buyout price = 500,000 credits
* Elegant Loungewear Top median buyout price = 22,000 credits
This is interesting, in that the thrones are much less rare than the crystal. The metrics we have on what sells and what doesn't are excellent, which means that we should get better and better at pushing our resources towards things that players actually want.
Are there any truly absurd prices out there?
Absolutely. I can tell you one person bought an Imperial Banner off the GTN for 310000 credits.
Are we aware that some items can't be sold on the GTN (i.e. the game won't let you)?
Yeah, those are bugs, and in the case of the lightsaber crystals, ones that we should have caught easily, since it's happened multiple times. In every case I can think of off the top of my head, these are unintentional bugs, and should get fixed. It's not our intention that people should be standing around spamming the fleet about these.
Are you guys aware that there's a ton of dupe items clogging our inventory?
We totally are. This is particularly true of the more common bonus items that are repeated through multiple packs. We are constructing our next round of packs (i.e. the round that will start when Rise of the Hutt Cartel ships) with a definite eye on reducing this level of suck.
Why can't I sell some of this junk that is worthless on the GTN?
We are examining that possibility, and even if we did so, we would likely make the sale price negligible, to avoid having too harsh an effect on the economy (I don't want buying Cartel Packs to be a particularly effective and reliable way to get credits). That being said, there's a very good chance that some of these items may be retired in the future - an Imperial Banner or Dominator Throne that enjoys a certain value now might find that value greatly increased once the packs that sell these disappear - so you might want to selectively choose some of these to bank, rather than junk. This retirement may be permanent, or a temporary removal from service (like the McRib or the Disney DvD releases) That being said, we are still developing our strategy for how these items are retired and/or cycled into service. Once we have a plan, I will be sure we communicate it to the community at large.
It sucks that the Cartel Market/Cartel Packs takes away resources that could be spent on (my pet feature)!
It's quite the opposite, actually. The success of the market (and it has been quite successful) has given us the time and resources to do some ambitious things on Makeb, and plan some very ambitious things beyond. The success of the Cartel Market means that there will be more good stuff for ALL players, paying, subscribers, and free.
Damion, first off, let me reiterate something you said, and try to add a little to it from my perspective.
It makes me happy to see that you are thinking in terms of the Cartel Market supporting THE ENTIRE game, and not just more Cartel market items. For my own purposes, that is exactly how it is being used. I have purchased a number of cartel packs, armor sets, and other items from the Cartel Market. But for the most part, although I was happy to get these items, I DID THIS TO SUPPORT THE GAME OVERALL, INCLUDING MORE CONTENT FOR OUR CLASS STORIES.
Please remember this, for it is the utmost importance. We're buying these items from the Cartel Market so that you all have the cash on hand to keep developing the game. Please do not let things degrade into a situation where you're just using the funds from the market to create more baubles for the market ad infinitum.
Second, let me thank you for so much detailed info here. I really appreciate your answers and collating this data for us. The median buyout prices were pretty cool.
That said, are you all planing on giving US, the players, more access to those data metrics? In another MMO I've played, they had such detailed stats that you could look at any item, hit a "Market Details", and then get detailed graphs on sale prices, markup prices from normal value, how many sold, all going back up to 10 years or more.
This was so enriching for using the markets because anyone could tell almost immediately whether a product was being sold for a legitimate price or whether it was being overpriced. It gave buyers and sellers both extra ammo to use in their pricing and negotiations.
And since you already HAVE the data, it'd be nice to get access to it in-game through each item so we can do this stuff on our own in the future!