Mystery Island Trading Post - In Neopia, there are several ways to earn Neopoints.
Games and restocking are options. Trading and selling items regularly, however,
is also another opportunity to gain large profits. As a trader, I have decided
to express some general tips, the ‘dos and don’ts’, about trading.
Ever entered the Trading/Auctions Chat where users advertise their wares to
be assailed by words in titles and messages that seem indecipherable? Have no
fear, Harmo is here! ;) Heh, I have made an alphabetical list below of the usual
terms some traders use in their profession when posting on the messageboards
or in their wishlists.
CP = Chia Pop
Ets = easy to sell
Hts = hard to sell
k = 1,000 NP i.e. 500K=500,000 NP)
mp = my price or morphing potion
nt = no thanks
nty = no thank you
obo = or best offer (Ex.: ‘500K for this item obo’)
pb = paint brush
pppb = petpet paint brush
scratchies = scratchcards
tp = Trading Post price (posted on the wishlists), Trading Post, or transmogrification
trans = transmogrification
ty = thank you
ub = unbuyable, over 100K in value
yp = your price
Making Good (And Bad) Deals
Perhaps you’ve refreshed on ‘Newest 20’ page at the Trading Post or seen some
profitable item on the neoboards. However, the dilemma of ‘To buy or not to
buy?’ fills your head. If the item has a rarity of 95 or lower and wishlists
are asking for over 100,000 NP for the item, it is probably unprofitable. Such
goods are generally newly released items, meaning few have entered the Neopian
economy yet, so the prices for it are still high and will eventually go down
after a few days. Secondly, examine how the number of the item for sale on the
Trading Post. The more there are, the lower the price. Thus, if an item has
a wishlist of around 500,000 NP and there are fifteen of them for sale, the
item is inflated. If worst comes to worst, you can create a messageboard in
the Trading/Auctions Chat asking about the standard price of a certain item.
There are usually folks to lend a hand. ;) However, experience is the best guide
in trading. Start with lower-costing items, so if there is any profit loss on
an item, it will be kept to a minimum. Many of us have lost profit, so do not
be afraid to make another stab at a different item; in time, you’ll eventually
reap the profits.
Painted Petpets & TCGs
What is there to fear about this duo of items? They have been known to aggrieve
traders, afflicting them with frustration fits, grumpiness, and an occasional
tear. Well, perhaps symptoms vary, but these items are hard to sell, and in
the case of TCGs, inflated. They are items that should be examined carefully
before purchasing. For instance, most people will not pay the price it takes
to create a painted petpet. Take the Blue Fir, for example. A Blue Petpet Paint
Brush costs around 80,000 NP in user’s shops. A Fir costs around 6,000 NP. However,
the Blue Fir costs only 13,000 NP while the process requires 86,000 NP. As can
be seen, painted petpets almost always will cost less than the process to make
them. So, the price of painted petpets should not be priced on how much NP is
needed to create them.
Now, TCGs, the lovely virtual cards from the Trading Card Game. The costs of
TCGs fluctuates and is inflated for many. The item may be unbuyable on the Trading
Post and definitely buyable in user’s shops. It may be one cost one day, a different
one the next. The rarity of one TCG may be higher than another, yet the higher
rarity card costs less. Consequently, the lower rarity, more common card is
inflated. TCGs are an item I would not recommend for large profits. With the
exception of the Malevolent Sentient Poogle Plushie (TCG), much coveted for
the avatar, TCGs are quite hard to sell unless you come across a collector,
who even then will not fork over high prices.
How Much To Offer
What’s a price that will entice the seller but give you profit as well? It
depends. If someone offers you a baby paintbrush for 30,000 NP lower than the
standard price, that item brings nice profit since it is easy to sell and most
people will pay the full, standard price. Take a Pencil of Nova, however. A
seller offers it to you for 750,000 (50,000 lower than the TP price). Think
in terms of selling this item to someone else. Do not think for a second that
you will automatically gain a 50,000 NP profit if you try selling it. Others
will also not pay full price for this hard to sell item, so your offer should
be lower, perhaps 200,000 NP lower or more to give you room for profit as well
as discount to attract buyers.
What is a so called ‘live auction’? Observing one in action in the Trading/Auctions
Chat will help. The topic contains the title ‘Can anyone beat 1 NP on my ____
?’ or something similar in wording. Such boards for business are a reportable
offense and violate Neopets rules. As a warning to any traders, do not hold
such auctions or face Iceland. Instead, go around advertising with effort and
perseverance to gain the profit.
To start earning profit, one needs around 500,000 NP to juggle with to buy
items. Play your favorite games three times a day and do the Faerie Crossword.
Pester the Tooth Faerie! ;) Now, with that large sack of gold coins in hand,
march onward to the Trading Post! Examine prices, Neomail sellers. Lurk on the
Trading/Auctions Chat to see the world of trading in action and the haggling
of resellers. Once you feel confident, buy the item and advertise on boards,
question gallery owners. Keep in mind, Neopets is a game…and a gamble.