Guide to Finding Pet/Item Trade Value

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Guide to Finding Pet/Item Trade Value

Postby Horror » Fri Feb 15, 2019 12:19 pm

* - note to self, find a better word or label for this

Pet/Item Trade Value Guide

How much is a valuable pet/item going for?
This guide will show you how to find a current and accurate answer.
But you have to research it for yourself. Don't be lazy, follow this guide!

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Researching

  1. Create a short list of common names for your pet/item.
    Example: UR Flower, UR Flowerpot.
    UR Flower Pot will be picked up when you search for UR Flower, so it is not needed.
    .
  2. Use the forum search for each name in your list. Only search in the following forums:
    • Chicken Smoothie Discussion
    • CS Trades - Pets, items and C$
    • CS Auctions
  3. Look for the following information in thread topics and posts, prioritising information from recent posts:
    • Current Supply: How many people are advertising this pet/item for trade or auction?
    • Current Demand: How many people are looking to trade for or seriously bidding on this pet/item?
    • Suggested Rate: How much are people saying it is worth in a guide or advice post?
    • Known* Rate: How much have people paid for this pet/item in accepted trades?
    • Buyer Rate: How much are people offering to pay or bid for this pet/item?
    • Seller Rate: How much are people asking in exchange for this pet/item?

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Building a Valuation

Now that you have gathered your information, what does it really mean?


    Supply/Demand

    High Supply - If many people are advertising the pet/item for trade, it will be harder to sell than buy.
    Low Supply - If not many people are advertising the pet/item for trade, it will be harder to buy than sell.
    High Demand - If many people are actively searching to trade for the pet/item, it will be harder to buy than sell.
    Low Demand - If not many people are actively searching to trade for the pet/item, it will be harder to sell than buy.

    High Supply + High Demand = price should be average --- [lots of people want it, but lots also have it]
    High Supply + Low Demand = price should be lower --- [lots of people have it, but not as many want it]
    Low Supply + High Demand = price should be higher --- [not many people have it, but lots want it]
    Low Supply + Low Demand = price should be average --- [not many people have it, but not many want it]

    Supply increases after Dec 18 each year for non-store pets.


    Market Rates

    Suggested Rate - This is good input, but people can be wrong or use old information so be careful.
    Known* Rate - This is good input if the trade is recent and not near Dec 18. Ignore outliers (heavy over/underpay).
    Buyer Rate - You may need to offer similar or more than this if you want to compete against an actively advertising buyer.
    Seller Rate - This is the price a seller wants, but they may have unrealistic expectations. Ignore most auction autobuys.

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Last edited by Horror on Wed Mar 06, 2019 10:43 am, edited 3 times in total.
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Postby Horror » Fri Feb 15, 2019 12:20 pm

reserved post
Last edited by Horror on Fri Feb 15, 2019 12:20 pm, edited 1 time in total.
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Postby Horror » Fri Feb 15, 2019 12:20 pm

final reserved post
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Re: Guide to Finding Pet/Item Trade Value

Postby nickjr » Sun Feb 24, 2019 5:43 am

I saw the WIP of this and I’m glad to see it up now :D
Spread the word to end the word, because discrimination based on perceived or actual IQ/"intelligence" is no better than discrimination based on race, gender, etc.

Context, consistency, and clear antecedents are golden.
I neither read nor speak between the lines. But I will analyze your language.


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Re: Guide to Finding Pet/Item Trade Value

Postby Requiem; » Sun Feb 24, 2019 5:56 am

Full support on this!! This is the kind of guide that I felt needed to exist in the first place. Figure out your own worth among average user demand. Thank you for this! I really hope this guide gains traction.
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Re: Guide to Finding Pet/Item Trade Value

Postby Solloby » Tue Mar 05, 2019 9:44 pm

Thank you for posting this for me! <3
Sorry I missed it going up, I've been so busy with the pet guide project. I'll link it from there =D
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