Post by The SoCo Kidd on Aug 24, 2015 10:06:54 GMT -5
We have re-secured the trader in Baandari for this week we should definitely try to get it one more time this coming weeks so we have a nice three week period that we can compare the numbers as far as how much the guild is making from this location minus the cost of the bid etc etc. but we have the trader this week!
Post by The SoCo Kidd on Aug 31, 2015 9:49:47 GMT -5
In other news we have secured our trader in Baandari yet again for the third week running. We have been able to bid less and less each week to retain him and the Guild taxes have increased from week one to week two (about 35k in taxes the first week to 85k for the second week). So let's keep the Guild Store up to date with items people are buying and keep them at good prices. Keep referencing the pricing guide in the forums and keep selling. The more we sell as a group the better the taxes returned to the Guild will be! The goal is to at least break even or come close to breaking even with whichever trader we bid on that week. For example if we bid 100,000g on a trader we want to make at least that much back in taxes. If we can accomplish this goal then the Guild Store/Trader can be secured each week easily with only the taxes made from sales. In this way, the Guild Bank can continue to grow faster since we won't have to pull any extra funds to put in a bid each week.
We started the bidding on this particular trader at 300,000g for the first week and only made 35k back in taxes. The second week we cut the bid down to 276,000g and made 85k back in taxes. For THIS week, we have bid 256,000g and we still got the trader. Our next experiment for this coming Sunday will be to bid ONLY what was made in taxes. Hopefully we can make a decent amount back in taxes this week and after three weeks we can get some accurate information on our trader location and our Store legitimacy as a whole. If we can bid 100,000k in taxes and still retain this trader then great! If not, we will move onto a higher traffic area and try the same system again. Just wanted everyone to understand how Del, myself and the other officers are approaching the Trader situation each week