Target Buy Price

Once you’ve dealt with the Target Sell Price, the Target Buy Price is dead easy. As long as you know the sell price, and you’ve put in your work on that side of things, buying to make a big profit is really easy. Now here’s the rule of thumb that I work with: the Target Buy Price should be 50% or less of the sell price. So if you know you can sell an item for 10g, you aim to buy it for 5g or less.The principal here is to make reasonably efficient use of your time. There are a couple of modifications to this ‘rule’ and I’ll go into those in the video.

UPDATE: Full transcript of video is now available for download. PDF link below the video. Sept 2011

Pipelines: Target Buy Price

(Run time: 24:46)

Remember, set a firm buy price and stick to it! Don’t waffle around and pay more than you know you should be paying because all you’re doing is eating into your profits and getting less return on your time. The great advantage of this sytem is that you can be really speedy. With a Target Buy Price you can do fast automatic buying.