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How to become a super merchantHow to become a super merchant
The first step in product knowledge is to learn what the NPC vendors are charging for their items. This will give you a base line for all the items you get. Remember the NPC vendor will always give you a free quote for twelve sky Gold. This will be wholesale or even below wholesale but you will know the lowest price you can get for that item. I remember once I had an Alchemy staff. I did not need it and was going to sell it for much coin. I checked with the NPC and he offers me other coins. If I needed the space it would have been worth it to get rid of it immediately but instead I offered it for a few hundred thousand coins more and make a better 12sky gold profit.
So now we know what to change for items. What about the upgraded item? While it is possible to calculate what the cost should be, but all prices are market driven. Why do some people buy a wood item when there are better higher class items for fewer coins? Because the glow looks cool. Remember, not all buying decision are logical but emotional. First hint for knowledge pick twelvesky Gold that interests you and learn the heck out of it. if you are a warrior you may want to specialize in sword knowledge, mages may be learn about staff, priest could study clubs and rogues bend the elbow with a bow instead of a brew. It not possible to know everything about the marketing of every item in the game so develop core knowledge of items which interest you then expand from there. Market values do change sometimes on a daily basis. I had a +8 item that I could not sell for 7 million 12Sky Silver Coins a month ago. I recently sold two for 10 million coins each. Remember that the quality of any particular item is controlled by the game. What may be rare today may be common tomorrow. This effect the price, so by walking around you will not only to keep an eye on your competition but what is the going price.
So what is the going price? This does not mean they are correct but you can gauge what the median cost range should be. Remember these are prices for items that have not sold yet. Therefore we can assume the fair market of the 12 sky gold if near the lower end of the range we see.

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