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Fable - Walkthrough
System: Xbox
Rated: M
Shop: Rent This Game · Trade For It · Buy It Cheap · Get The Guide

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			(TT)  Trading
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One of the many little things you can do in Fable is trade to earn gold.
But don't expect to make easy money, trading in Fable is fairly realistic
in the sense that it uses real business concepts.  It uses an average
cost method for your owned goods, each shop has delivery dates on their
stock and they sell their stock cheaper if they have lots on hand, and
more expensive if they have little on hand.  Yes, the price difference
between 3 items on hand and 10 items on hand is exagerated, but the
real concept is still there.

Now, one of the first things I started doing in Fable was trading.  I'm
one of those guys who when they were 13 years old picked up Aerobiz from
the local video store and played hundreds of hours.  I'm now a business
student at college and have a good business sense.  So, I will try and
pass on some trading methods that worked for me.


  1. You have to have it to sell it.  You need to find suppliers who 
offer a good price on goods you can sell elsewhere at a profit.


  2. Know who will buy what you can acquire.  Just because you can get a
good price on something doesn't mean you will be able to just go and sell
it at a good price at the very next stop.  You'll need to learn the
fixed shops (the ones in towns) and what you can expect from wandering
traders.


  3. Profit is still profit.  You can go around just selling a few of the
most expensive items at a large profit and just ignore the little things,
but, 25 little things at 5 profit per item is 125 gold.  Yes, a single
gem can make that much money, but while you're delivering the gem sale
it costs you nothing to carry those 25 little items, that you can sell on
your way to your destination, or even at your destination, and still make
that extra 125 gold.  Its all a matter of time vs profit.


  4. How much and at what price.  One thing that can make or break your
trading operations is buying too much of 1 type of item, which will make
your average re-sale cost, too low.  Try and maximize your profits by
buying until there is a reasonable gap between the next purchase price 
and the value of the item you are buying.  Then use the price of the next
purchase as your maximum selling price.

	EXAMPLE:
	  Buy your first chocolate at 4 gold, buy your last one at 6
	  gold and then sell them for no less than 8 gold.  That way,
	  on every sale you get 2 gold + the average cost for the sale.

Using the example above is a wiser way to buy and sell for a couple of
reasons.  You may not always get the value of the item you are selling,
like the chocolates, their value is 10, but trying to sell everything
above or at its value, takes to much time.  Selling 25% of your stock
at under value and 50% at above cost, balances out and you make more
money for your time than you would trying to sell everything at a max
profit.  The other reason is because it gives you a profit margin, I
comment on sales are greater than a high profit %, but the difference
of 20 items at 1 gold profit each, isn't worth the time it takes to buy
and then sell them.

Anyone can go around buying things at the lowest price and only sell
them at the best price.  You will make large profits this way, but not
as many sales, and in the end, someone selling hundreds of items at a low
profit average will make far more money than someone making huge profits.


  5. Trade Routes.  Starting at one town, buying what you can at good
prices, and then walking to the next town selling and even buying goods
with the wandering traders.  You will need to learn who, sells what
and what you can sell to whom to make money, this way you can avoid poor
selling items.


I don't know what else to tell you.  It isn't too hard to figure out, I
just thought I'd give anyone who wanted a push in the right direction a
hand.
 




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