Monday, July 30, 2012

Guild Wars 2 tells you exactly how to make gold. No seriously, it does!

Perhaps one of the coolest things that I found throughout playing the beta was that Guild Wars 2 has a feature built right into the trading post UI which essentially tells you how to make gold. I know it sounds a little bit strange but it is the truth! If you go into the second tab of the trading post there are four columns. The first is top valued items. The second is top supplied items. The third is top demanded items. Finally, the last one is top traded items. By using these tabs, namely the middle two, you can make a ton of gold on the Guild Wars 2 Trading Post.

This tip is very easy and it takes little effort to actually make gold. In essence all you are doing is taking the two middle lists and comparing them to one another to find discrepancies between the two. On the top supplied list, at least in the beta, the most supplied item was copper ore. Similarly the top demanded item was also copper ore. That stayed true throughout the entire beta weekend and it makes sense considering copper is used to level up almost all the professions in the game besides cooking. So when you take a look at the two lists what you want to do is find items that are on the top demanded list, but not on the top supplied list. You can probably tell by now that what I'm about to explain is just simple supply and demand understanding.  It is the classic example of buying an item at a low price and selling it at a higher one.  The other thing you could do if you are not wanting to just buy the items to resell them would be to gather your own items by way of the different gathering professions or even utilizing the salvaging ability which rewards you with trophies and things of that nature. During the beta trophies were a hot-selling item for many people who want to level up there crafting quickly.

During the course of the beta I spent an extensive amount of time obtaining the items that were on the top demanded list and not on the top supplied list. In most cases I sold them in a relatively short amount of time, but just like everything that you sell in the game it is always a bit of a tossup. In the coming weeks I will try to outline some strategies for how to price your items beyond what is already built into the interface of the game. While it is nice to have the option of matching the lowest bidder and things of that nature you can still place your own prices on items. Undercutting doesn't always constitute the best method for selling an item believe it or not. In fact – many times you can actually place your item for the same price or even a small bit higher and still sell your items. This is not any less true when you're selling items from the top demanded list. The beauty of selling items that are in high demand is that you are controlling the prices for the most part. So selling these items means that you can get a little bit more than you normally would under different circumstances.

In many of the MMO's that we played in the past pricing was entirely revolved around doing your own research. The nice thing about the Guild Wars 2 Trading Post interface is that it's constantly tracking data for you. Things like Gems and the prices of Copper Ore are told to you right on the main screen of the trading post. This cuts down on a lot of extra time wasted doing the research and can now be redistributed to doing other things like gathering or crafting for profits.

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10 comments:

  1. "copper is used to level up almost all the professions in the game besides cooking."

    Professions are what classes are called in Tyria ever since Guild Wars 1, so it's a bit confusing to use the WoW terminology here. I recommend the proper GW2 term "crafting discipline", because it's descriptive enough to easily understand, even for people that are unfamiliar with the terminology.

    Apart from that detail it's a good article. Not very much information, but still good for nudging people in the right direction, giving some tips to get started.

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    1. Hey I completely apologize for using professions. I do actually make it a point to say disciplines; however, I do come from wow so a "professions" still manages to slip its ugly face in there from time to time.

      I wish I could give you all more information on what specifically to sell, but in the context of this post that would have been very difficult and also inaccurate. This is because the "top demanded" items are always changing.


      Thanks for the excellent comment and for calling out my mistake. The humiliation will help me remember to use the proper word.

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    2. "Professions" isn't necessarily a WoW term. It's really a universal MMORPG term for "crafting". GW might actually be one of the few - if not the ONLY - MMO I've ever seen that refers to crafting as "disciplines" and NOT professions.

      For players new to the MMO genre - yes, calling "A" by the term "B" will probably confuse them, but I'm sure the vast majority of people understood what Adam was saying - just as I'm sure the vast majority of people knew that Adam meant "Copper Ore" when he said "Copper Gold" in the video.

      Adam is human. Humans make mistakes.

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    3. Haha. Thank you for coming to defend me, but I do understand where this person was coming from. At some point I will have to break my old habit so I might as well start now.

      Thank you though!

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  2. Your voice isn't even slightly annoying. I just thought you should know in case it's making you self-conscious. Thanks for the tip!

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    1. Haha thank you Mr. Bologna! :) :p

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  3. Good writeup, thanks.

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  4. Funny how the simple tips always work the best.

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    1. K.I.S.S (Keep.It.Simple.Stupid) method always works best and most efficient!

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  5. Thank you very much for the kind words!

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