Aesir wrote:
I'm curious though - How do people here normally price their items? I just like getting rid of them so I put them at the lowest wizard price but I've seen plenty of shops with them at a higher price and the owners don't mind that they don't sell.
Does everyone just price them and wait for the price to rise?
Personally -- and different folks do it differently -- I price most things near the low wizard price, especially the price on "my" wiz page, the one that lists the shops in the same beginning-letter group as mine.
It doesn't
always have to be the
lowest price, though.
I also usually price a few items at higher-than-wiz-average prices just because they sell. Cool-looking/unusual items are good for that.
Some folks will price an item they want to keep at an inflated price, so that if it does in fact sell, they can easily replace it. I've rarely done that.
Dealing with price-points, finding the price that optimizes sales and profit, can be weird. I had a Snow Petpet Paint Brush that just sat in my shop for weeks at 8,000. So I raised it to 9,000, and sold it in about a day.
During the Battle for Meridell, on weapons I did exactly what you described, priced them a bit higher than the "going rate" and let the price come up to meet me. Worked pretty well, though I was surprised that the market for Lucky Robots Feet and Amulets of Life never materialized as I expected.