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How can i start a gold shop?

Discussion in 'General Discussion Forum' started by kazurengan, Oct 18, 2017.

  1. kazurengan

    kazurengan New Member

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    guys i'm seeing that nowadays is worthless to sell your gold to resellers because the price is so low.
    I was wondering how could i start selling my own gold on ALL realms, because every gold shop
    can provide gold to all realms, how do they have unlimited stocks of gold in all realms?

    also another thing, would i need to buy a new vanilla account for each trade? since it's more likely
    to be banned after a new trade.
     
  2. prinnyhater1

    prinnyhater1 Member

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    You need a couple accounts for gold trading, not one for every trade, thats too costly. one should last a quite a few sales.
    Do not stock gold. Gold shops do not either thats a lie. Its a bad investment it gets banned alot and everything is lost.
    They have a list of suppliers that have stock they go to deliver the gold to customer, they never touch it.

    I sold gold for a long time and I did not cover every realm. I botted my own and i have 30+ suppliers I dealt with to deliver to a big group they then got payment from the sites. I did it when numbers were decent. I cannot see doing it now. people can buy from blizzard on us realms for 0.12 per k gold in the us.
     
  3. kazurengan

    kazurengan New Member

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    yea i'm planning with a friend to buy some gold and sell too.
    the problem is that i don't know how to check gold rate for all realms
     
  4. prinnyhater1

    prinnyhater1 Member

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    well if you are talking about Blizzards price on gold, its the same across all realms us and all realms eu.
    but if you mean resell price on gold, thats up to you. You have to learn/find what servers are high demand or find buyers on specific servers.

    Like stormrage alliance is a over farmed gold wise, but people are always buying.
    Or illidan horde, always someone buying.

    A lot of the big realms have raid sellers that buy in bulk, but pay less. I know a few that buy millions a week.
    It really depends on what you are looking to do.
     
  5. kazurengan

    kazurengan New Member

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    yes you're right, we plan to sell the same price for all realms for now.
    the problem is, we don't know where to get customers. we're pretty new
    so we don't have any reputation comparing with other gold sellers
     
  6. prinnyhater1

    prinnyhater1 Member

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    Sent a pm regarding a place.
     
  7. Aion

    Aion Well-Known Member Buddy Store Developer

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    Reputation is coming with the time.
    You cant expect to start running business now and get all the feats in no time.
    If you are dedicated enough, customers would get their trust to you sooner or later.

    So, why not selling on g2g? Its the best place for gold trades since ... always?
     
  8. kazurengan

    kazurengan New Member

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    yes you're right. i already posted some listings in g2g and player auctions. but it doesn't bring
    anyone attention
     
  9. Aion

    Aion Well-Known Member Buddy Store Developer

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    Dump initially, the higher profit is coming with higher rating as well.
    I used to sell on one of the most reputable resellers there, since he is EU based (not chinese at least). But once my goldflow bumped, I started to sell there myself for 2-3 years and it was quite better decision - got much more cash out of it.
    Btw, if im not wrong, 90+% of the gold resellers sell their "stocks" there. Because they have no real stock, but once they get a deal there, they have nice timewindow of 2-12hours to buy some cheap gold from the little farmers and sell there with 200-400% revenue!

    You remember who wins the most in casino games? The bank of course.
    The gold resellers act like civil banks - they give the "loan" first, then find newbs to "deposit" their funds in them and takes the big cash!
     
  10. samzike

    samzike New Member

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    Invest money.
     
  11. mmogoldprice

    mmogoldprice New Member

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    Last edited: Mar 26, 2018

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