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Chapter 7: Tips & Traick to making Money

The following are just some simple Tips & Tricks to keep in mind when try to make money. Some of these tips will seem obvious, however it is still important:

Always use a calculator!! For accurate trades it is very important to keep a calculator on hand. Make sure they are selling/buying for the price they said. I personally always keep a calculator on hand. You never know when you will run into scammers!

Start slow!! Start off only selling 1 or 2 items at first. When you first start merchanting items it is important too stay focused on 1-2 items. This will help you learn and perfect the different sale techniques for your item, whether it be iron ore, coal, feathers, or whatever else you may be selling. Buy starting out slow you will be able to find out what works well and what does not.

ALWAYS DEAL IN BULK!! I can't stress this enough, this is the easiest and almost the only way to make big money. It's simple really: The more items you have the more profiit there is to be made off of that item.

Buy low and Sell High! This is obvious right? Use the price guide to double check the prices for items you are unfamilar with. Be sure to use the most updated price guide. We update the guide every 2 weeks.

PATIENCE is the key, sometimes it can take awhile to sell. This is ok, if the items won't sell for what you are asking (and the price of the items are relevant) DONT SELL CHEAP! Just keep the items in your bank, and try to sell them later. Having items in your bank is just like having money on your pocket.

Double check all trades to avoid scams. To good to be true? Most likelyis.

Never give in on your price, if they won't buy it then leave, don't waste your time with them. There are always plenty of buyers!!

Use the FORUMS! They are there for a reason. This is the easiest way to sell in bulk. The forums are also a very good way to find bargains on low priced items as well.

Switch worlds often . If you cant find any good deals, log into another world, eventually you will find them. In general you can find items for less money in the less populated worlds. The higher the population in the world the higher the prices will be.

Try different bank locations to find the items your looking to buy/sell.

Example - If buying ores or bars you should try the banks in Faldor as this town has a furnace and is close to mining areas. If you are buying Rune Essence visit the East Bank in Varrock, since it is close to the Rune Essence mine.

 

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