It's Thursday ladies and gentleman, and one day until the Lost Shores
patch! There was something else too... Oh yea, this week's episode of
Gold Guru right here on GW2Riches. I spent part of my weekend playing with a fresh Trading
Post strategy. Like most, this Trading Post strategy was born out of
curiosity. All the trading post strategies I've tried up to this point
have been long term strategies. I have always been more drawn to long
term and passive investments that can make me Guild Wars 2 gold
offline. This time I wanted to try a Trading Post strategy that I could
use to turn immediate profit. So, the question; can you take salvage
kits to the trading post and somehow turn a profit? Naturally I pulled
out Kornuit's Flipster tool and I set out to prove if it could be done, and more importantly, to see if it is even worth your time.
Going into this I figured a couple factors would come into play. The first issue I faced was which salvage kit to try and test it on. The cost of the salvage kit will obviously have to be calculated into the expenses. I settled with the Basic Salvage kits. Since I wanted to perform my initial tests on low cost armor pieces I figured I didn't have to put much silver into more expensive kits. With the basic salvage kits I was paying 4 copper a kit which seemed acceptable.
The next issue I foresaw with this strategy was Anet's need for balancing. Like any gold-making method in Guild Wars 2, you will see Anet's anti-gold-farming hands in everything. My fear was that they knew someone would come along and try to do what I am doing with salvage kits. Because of this, they would have nerfed what you get from salvaging a long time ago to kill any chances of TP profit. This is always a possibility with any TP strategy that has a "gambling element" in it. Perfect example would be the Loot Bag strategy a tried a while back, but in that case it worked perfectly.
Enough talk though, here are my results on the tests I've run so far:
Rawhide Bracers x5: -55c (items) -20c (kits) +1s8c (sold components) = 17c (profit after TP share) +22.4%
Rawhide Masks x5: -70c (items) -20c (kits) +78c (sold components) = -24c (lose after TP share)
Rawhide Shoulders x5: -85c (items) -20c (kits) +1s21c (sold components) = -2c (lose after TP share) -2%
Apprentice Coat x5: -1s50c (items) -20c (kits) +3s21c (sold components) = 1s3c (profit after TP share) +60.5%
Apprentice Coat x25: -8s80c (items) -1s (kits) +15s22c (sold components) = 3s12c (profit after TP share) +20.5%
According to my tests so far there is some promise here. In the next episode of Gold Guru I'll try and take it to the next step with some more higher end equipment. How about equipment with runes? Would the kits pull enough off of the higher end stuff and potentially increase that speedy profit? Honestly I have no clue, but I'm willing to test it for myself next week. I'll keep you all posted on Twitter and Facebook. If you happen to make it to the trading post before I do and want to try it for yourself, let everyone know in the comments below if you find any success, or if you meet with utter failure. By sharing our experiences with each other here on the site we all stand to grow a little richer.
Until next time, I've been Raydon. You've been you. And this has been the ShoddyCast. We'll see you next time, and don't forget to 'Like' and Subscribe to the channel. It means a lot to us here and encourages us to keep doing what we love. PEACE!
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Going into this I figured a couple factors would come into play. The first issue I faced was which salvage kit to try and test it on. The cost of the salvage kit will obviously have to be calculated into the expenses. I settled with the Basic Salvage kits. Since I wanted to perform my initial tests on low cost armor pieces I figured I didn't have to put much silver into more expensive kits. With the basic salvage kits I was paying 4 copper a kit which seemed acceptable.
The next issue I foresaw with this strategy was Anet's need for balancing. Like any gold-making method in Guild Wars 2, you will see Anet's anti-gold-farming hands in everything. My fear was that they knew someone would come along and try to do what I am doing with salvage kits. Because of this, they would have nerfed what you get from salvaging a long time ago to kill any chances of TP profit. This is always a possibility with any TP strategy that has a "gambling element" in it. Perfect example would be the Loot Bag strategy a tried a while back, but in that case it worked perfectly.
Enough talk though, here are my results on the tests I've run so far:
Rawhide Bracers x5: -55c (items) -20c (kits) +1s8c (sold components) = 17c (profit after TP share) +22.4%
Rawhide Masks x5: -70c (items) -20c (kits) +78c (sold components) = -24c (lose after TP share)
Rawhide Shoulders x5: -85c (items) -20c (kits) +1s21c (sold components) = -2c (lose after TP share) -2%
Apprentice Coat x5: -1s50c (items) -20c (kits) +3s21c (sold components) = 1s3c (profit after TP share) +60.5%
Apprentice Coat x25: -8s80c (items) -1s (kits) +15s22c (sold components) = 3s12c (profit after TP share) +20.5%
According to my tests so far there is some promise here. In the next episode of Gold Guru I'll try and take it to the next step with some more higher end equipment. How about equipment with runes? Would the kits pull enough off of the higher end stuff and potentially increase that speedy profit? Honestly I have no clue, but I'm willing to test it for myself next week. I'll keep you all posted on Twitter and Facebook. If you happen to make it to the trading post before I do and want to try it for yourself, let everyone know in the comments below if you find any success, or if you meet with utter failure. By sharing our experiences with each other here on the site we all stand to grow a little richer.
Until next time, I've been Raydon. You've been you. And this has been the ShoddyCast. We'll see you next time, and don't forget to 'Like' and Subscribe to the channel. It means a lot to us here and encourages us to keep doing what we love. PEACE!
Well I was about to send you an email regarding this, but I guess now I can comment on it ^^
ReplyDeleteIt´s regarding the Black Lion Salvage Kits, if you have some, they will pay off now !!
i am buying rares for around 20s each and salvaging them with the Black Lion Kit.. since the Ectoplasm are between 20s to 24s atm, I get to make around 2 to 3g per salvage kit at least.
A couple of days ago, It didnt pay off to invest gold for gems to buy the kits, but slowly that may be diferent if ectoplasm keeps rising.
On the other hand, rares are rising aswell, so I only keep playcing order to avoid paying more then 20s the piece.
zocks
Tehe, great minds think alike? I like the Black Lion Salvage strategy you propose. I'll defiantly look into and keep an eye out. Thanks for thinking about sending us that email! My best episodes are made when people send in their ideas.
DeleteSome guildys of mine actually did a test, and Ecto drop rate is NOT impacted by an increase in % chance for rarer materials, as they do not count as crafting materials for drops.
DeleteThey tested with basic kits and masters kits on Rare quality items. They found a drop rate of .75 ecto per rare from both kits. Obviously the difference in the kits is the rate of getting T6 crafting materials, but if you are looking for ONLY ecto, and don't care about any sigils or runes in the item, then use a basic kit.
Isn't this the same thing as salvaging rares for ecto? Just wondering because its the same concept.
ReplyDeleteTough call - I am not ranked high enough to try anything more valuable but I am interested!
ReplyDeleteI'd like to point out something about the video itself. In the video he says that the projected profit is before the 15% cut, that's not true.
ReplyDeleteThose projected profit numbers are in actuality your real profits, sell an item and you'll see that it's showing you exactly how much you'll make on a particular sale.
So by taking 15% off the projected profit amount you're seeing it's in reality lowering the profit you're making to an incorrect amount when the final math was done.
You're actually subtracting an additional 15% off the already removed 15% which is shown when you list the item on the TP.
GREAT CATCH!
DeleteThat's correct and good eye, but I'm guessing you missed the correction annotation at 3:53. I had recorded and edited the video and noticed the mistake afterward. You're right, it just means I was under stating my profit margins, so the strategy was working slightly better than I thought.
DeleteTried loads of different low stuff today an there is a lot where you get out more or less BE. I guess on the lower levels there is nearly nothing left now.
ReplyDeleteTime to focuss on the Update :D