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[Synthweaving] Beating The Schematic Resellers

STAR WARS: The Old Republic > English > Crew Skills
[Synthweaving] Beating The Schematic Resellers

Subzz's Avatar


Subzz
10.01.2012 , 03:24 PM | #11
My thoughts seem to echo the #7 post.
When I craft items that I can no longer use i.e. I made 3 of something I RE the first and I get the schem on the first try the other 2 are either RE for mats or hit the GTN.
I use the GTN and I always mark hundreds and a few times 2 or 3 grand BELOW what the GTN tells me, I sorta go by what will the vendor give and what can I get on the GTN, then I make a price decision based on the 2 facts I have.
My stuff sells 90% time, few and far between that I dont get a sale with the 2 day window, usually the stuff that doesnt sell are blue drops.
The above also goes for schems I get thru UWT or any mission drop etc., if none of my other alts (7) can use it, GTN it with the same logic process from above.
Sure I could triple maybe double my sell price but why, Im not that greedy.
It all comes down to one human's choice and that my dear friend is something that will not be changed.

Screaming_Ziva's Avatar


Screaming_Ziva
10.02.2012 , 08:36 AM | #12
Quote: Originally Posted by Laotse View Post
I really don't understand how you can think that the "reasonable" price is some price you make up in your head, while the price that people are willing to pay is somehow overinflated. All the explanation you need is right in your initial post: You spent 7-8 weeks doing back-to-back UWT missions and STILL didn't get these schematics. For me, my time is worth more than that - I would never spend my time that way. I would happily pay a high price to avoid having to grind those missions. For you, obviously, you would rather give up the time and keep the money.

So it's simple: if you value the money more than the time, do the UWT missions. If you value the time more than the money, pay the reseller. You charging less for it doesn't change the inherent rarity - and hence value - of the item.

Man the worst failure of our education system, by a longshot, is the failure to teach even basic principles of economics.
I have to agree with this post. A couple weeks ago I got an orange belt schematic from UWT that I already knew. I listed it on the GTN at 75k and it sold within an hour. According to the OP, I should have listed it for a couple credits to help out my other crafters?

OmenQ's Avatar


OmenQ
10.02.2012 , 01:00 PM | #13
Quote: Originally Posted by Laotse View Post
I really don't understand how you can think that the "reasonable" price is some price you make up in your head, while the price that people are willing to pay is somehow overinflated. All the explanation you need is right in your initial post: You spent 7-8 weeks doing back-to-back UWT missions and STILL didn't get these schematics. For me, my time is worth more than that - I would never spend my time that way. I would happily pay a high price to avoid having to grind those missions. For you, obviously, you would rather give up the time and keep the money.

So it's simple: if you value the money more than the time, do the UWT missions. If you value the time more than the money, pay the reseller. You charging less for it doesn't change the inherent rarity - and hence value - of the item.

Man the worst failure of our education system, by a longshot, is the failure to teach even basic principles of economics.
Agree on all points. Who defines a "reasonable" price? The buyer. Not you, not me.
If I list an Exotech stim for 27K, and it sells, then that price was reasonable to someone.
If I list a grade 12 mod for 12k, and it sells, then it was reasonable to someone.
Could I sell both of those items for less, and still profit? Sure, but why? To be nice? This is business, not charity. You want a deal, join a guild, or get the items yourself.

Would I buy either of those items at that price? No, but that's because I can craft one, and get the other for next to nothing from a guild mate.
Just because YOU wouldn't pay that price doesn't mean someone else won't. Getting into a turf war on the GTN won't change that. You'll get tired of it, and/or I'll move on to another segment of the market. In the end, I'm still a multi-millionaire.
Squadron 157

<Your Companion> / <Unhinged>

Estelindis's Avatar


Estelindis
10.02.2012 , 05:42 PM | #14
Quote: Originally Posted by Screaming_Ziva View Post
I have to agree with this post. A couple weeks ago I got an orange belt schematic from UWT that I already knew. I listed it on the GTN at 75k and it sold within an hour. According to the OP, I should have listed it for a couple credits to help out my other crafters?
That's not what the OP was saying. The OP was saying that if, for instance, you listed your schematic at 75k, that he would prefer it to be bought by another crafter than for a reseller to buy it and put it up at, say, 150k or 200k.

Of course, the argument can be made that anything that sells has a price that is reasonable to someone. I would amend that to "acceptable" price, though, as I might find the price totally unreasonable but still be willing to pay it if I've been looking for that schematic for months. If I want to keep looking, I can keep looking. If I want it now, then I accept paying the price. Personally, I tend to just buy the expensive schematic. My time is worth more than that. But I'm an established crafter, so I can afford to do that. What about someone just starting off? Reselling schematics is far more unfair to them than to anyone else.

The thing is, for anyone to truly control a market, they need to have a big pool of credits already. Otherwise they can't afford to buy everything to resell it at the higher price. So what is the point of gouging prices in this way, if you are already rich? You already have piles of money and you don't seem to need to do anything else with it; what's the point of an even bigger pile? I know what I enjoy in crafting: making a wide range of items available to my server at a fair price. What do resellers get out of it?

OmenQ's Avatar


OmenQ
10.02.2012 , 10:44 PM | #15
Ferengi Rule of Acquisition #41 - Profit is its own reward.
Squadron 157

<Your Companion> / <Unhinged>

Darev's Avatar


Darev
10.03.2012 , 11:09 AM | #16
Most schematics that I get, that I don't already have, I try to sell for 5k (each). There are a few exceptions.

it's a (400) schematic. Those I vendor trash unless it's one of the really rare ones (belt/bracer) because EVERYONE sells them and the market is flooded with them. I've even seen them priced on the GTN for 300 credits, which means I can buy those, sell to the vendor, and still make a tiny profit.

it's a lower level schematic (under ~120ish on the skill level requirement to craft it). Some of these are 'hotter' than others and therefore worth more. Also, fewer people running low level UWT missions means they're rare(r). So the price goes up. If it happens to be one of the lower level schematics that isn't class restricted...price goes up a tad because it's more useful.

This is what I WAS doing before the recent server 'merges'

Now that we're all on "super-servers" and the population is much higher, there are more schematics available (on Shadowlands at any rate) and it seems to be far more difficult to sell schematics even at 5k each.