Price Deflation

by Darben

It's happening every day. Items are rapidly decreasing in value and price. Competition in the shops is fierce; everyone is battling it out to have the cheapest prices. In a matter of hours, many items fall from 2000 NPs to 350 NPs. There is much speculation about this deflation. For instance, many of you may have noticed the Chicken Roll, valued at 90,000 NPs, is now selling around 250 NPs. What a decrease! It's now possible to feed your pets great food for low prices. This doesn't apply to all items such as Faeries. But it won't be long until all items, including Faeries, will sink in value fast. Take the new paint brushes for example--50,000 NP to 2,500 NP in less than four days.

So what's my point? I'll tell you. For those who own shops and are a part of the daily battle of trying to turn a profit, selling your items quickly is critical. The faster you get rid of stuff in your store, the more money you're going to make. But it's not going to be a lot of money. Say you have a size 50 shop, and you really want to fill it up before selling anything, you're looking at a loss in profits. Most items that you will try to sell will lose their value quickly. It's a fact here in Neopia. An easy way to find out is by checking the wizard to see what something is worth. You can check the item again a few days later and you'll see that the item's value has dropped significantly. If that is the case, don't wait to sell your items--sell them quickly! And, if you want to get the most for your money, you can't be patient. You have to sell your items before the going price goes any lower (check the wizard).

You may have noticed that the site has been throwing in some new items, such as the wonderful Paint Brushes. It's also speculated that they are doing this, not only to give more selection, but to try and balance this dramatic decrease in item prices. In the future we may see that common items will soon become rare, or we may be able to purchase an expensive item for very cheap. We can't exactly predict that far into the future, but we can predict that prices will continue to drop steadily.