Author Archive
Nov 02 2010
Merchanting in Runescape – Part 1
Posted by ysondra123
Hello everybody. I have decided to do my first post on merchanting, and various discussions that tends to come about with merchanting. This guide, if you will, will have 4-5 components that will be released weekly. The first one to be released is about merchanting clans.
This post will cover the following:
- How merchanting clan’s work.
- How to invest in an appropriate merchanting clan.
- How to start a merchanting clan.
Basic’s on how Merchanting Clans Work:
- Typically merchanting clans are made up of lots of members whom have a reasonably large combined wealth. Merchanting clans essentially act as a singular investment entity. A merchanting clan will all invest in one item, this then creates a falsified demand whilst restricting the supply hence it makes the price of the product go up.
- The majority of merchanting clans will essentially rip off non ranked members. Basically at the top of the food chain, you have the clan leaders. These members buy the items before anyone else, this means they already have around 500 million – 2 billion GPS in stock before others start buying the item. The clan leaders then will notify the members of the item being merchanted. These ‘pawns’ pardon the expression then go to the Grand Exchange in order to buy the item. This then creates a further demand. Once these unranked finally get the item, contemplating the right time to dump the product is crucial. Merchanting clans create the falsified demand when they attempt to sell there product on the Grand Exchange it crashes the item. This means that the clan members whom are not in the inner circle ultimately get destroyed losing huge amounts of money.
How to invest in an appropriate merchanting clan:
- The thing about investing in a merchanting clan is that it is an extremely risky business if you’re not ranked. So how does one play it safe when merchanting an item? Well the truth is playing safe involves dumping the item early.
- Let’s take a quick analysis of the graph above: Now there are two things that went horribly wrong with this merchant, especially if you participated as a ‘pawn’ member in the clan. 1) Jagex did a manual up date, reducing the price of the item being merchanted, hence the double dip rise. 2) The merchanting clan leaders dumped the item, and it completely crashed the item. If you had this item, selling it would be nearly impossible, had you sold early you would have elevated this entire issue.
- The truth is when investing in a merchanting clan you need to be cautious, when you start out, invest smaller amounts of money, because the truth is, you will lose out, and lose out large.
- Alternative solutions; now assuming you invested in this product perhaps 10 million GPS, now, considering they started at 5k each, and rose to 130k rising approximately 25 times. This 10 million GP would turn into 250mil. Now, when the item crashes you contact your local gold seller, and they would most likely buy the 250 million in junk for around 50 dollars. It’s a cheaper alternative to buying gold. Opposed to paying 250 dollars you pay 50 dollars, not half bad.
How to start a merchanting clan:
- Now starting a merchanting clan is no easy task. It involves a lot of hard work. A lot of money and a lot of experience.
- First off: To start an effective merchanting clan, there should be a shared amount of around 3 billion GPS amongst the highest ranks. After this has been achieved which in all honesty isn’t the hardest task to achieve, granted every Tom, Dick and Harry has 500 million gps nowdays (more guides to be released on how to make gold).
- Second thing to do: Get a script/bot that enables you to make 100s of accounts, using macro’s to advertise for the merchanting clan to get a big public following hopefully worth another 500-3 billion GPS.
- Third thing to do: Research. Only certain items can be merchanted, you cannot merchant every item as certain items are 1) controlled by Jagex artificially 2) simply cannot be merchanted due to the quantity. Let’s look at some items that have been merchanted
Amulets of Accuracy: First how are these items required? From a onetime quest, cannot be made… this means that if a merchanting clan had been consistently sniping these items they would essentially control the entire market, hence controlling price. This item is an example that represents an ideal item to be merchanted. This item, as shown went up fast and hard.
Examples of good items to merchant
- Mystic Items – Semi Rare/easily accessible.
- Amulets of Accuracy
- Orange tree seeds
- Various other rare seeds
- Limproots
- Certain stones.
If you control a powerful merchanting clan you can use items that are seasonally more expensive, for instance dragon arrows go up substantially in the summer as the children begin to play more games…. This means if you control the item before this stage you can charge 10 times the price you normally could, getting the item to this price reasonably quick. The other thing one can do is with an item such as a strength amulet. It is needed by all when pking and just playing in general.
You buy out all the materials required to make this item. Then You buyout the item itself, then you get your bot to craft these items. The merchanting clan that merchanted power amulets did this, making several mil per hour + great xp associated with crafting these items.
- Now, at current I will be making a rather large merchanting clan, for the purpose of making guides. If you’re interested, please contact me on mmobay.net, my aim is purepk244 & msn ysondra123[at]hotmail.com
- I will be making guides basically one every aspect of the game
- I have lots of runescape experience.
- Plenty of merchanting experience.