Selling Europe 60+ Sorceress SELLING BDO ACCOUNT EU SORC 618 GS, 281. Selling 270ap Kutum 323dp / Ninja with all 3 weapon exchange coupons pictures. Once you have arrived at a town/city you can sell the goods by going to the Trade Administrator and pressing “R”. On the right you will see a window that lists all of the goods you have. Click “Sell All” to sell the goods for the standard price, or click “Bargain” to spend 5 energy and try to increase your profit. Jun 19, 2019 So, if there is an item you want to buy or sell, just pick up your mobile device and start browsing! Accessing the Central Market. From your mobile device access our mobile webpage (then press on the sidebar menu on the top left corner, select “Central Market” at the bottom of the listed categories.
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Processing in Black Desert Online is at its core a rather simple process. In this Black Desert Online processing guide, I will go over the steps needed to access all the processing tiers, how to raise your processing skill quickly, and what gear helps with processing.
To start processing you only need to press the L button, which opens up the processing screen. On that screen, you have the choice to select which type of processing you wish to conduct, such as heating or chopping. When you select a processing type it highlights in your inventory which items can interact with that processing action. For example, you can heat ore into melted shards.
Processing in Black Desert Online
Processing can be split into three separate tiers. You start at tier one and need to complete quests and gain certain minimal skills to advance to the next tier. This bit goes over the steps needed to gain access to all the processing tiers.
First Tier Processing
When you begin playing Black Desert Online you can perform a first-level process. Heating ore into melted shards and chopping timber into planks is an example of first-tier processing. While this tier is great to start gaining experience, it is rather poor as a money maker. Getting access to second-tier processing is essential if you intend to make processing your main or even secondary money maker.
Second Tier Processing
To be able to process the materials further you need to get certain knowledge. When you complete certain quests and gain the knowledge you can start doing second-tier processing of that knowledge type. Heating melted shads into ingots and chopping planks into plywood is an example of second-tier processing.
If you have your gathering skill at apprentice 4 you can go directly to Ficy in Heidel to start the “Learning Higher Knowledge” quest.
Alternatively, you can complete a quest chain that is rather long and starts as you enter Heidel. The black spirit takes you to Jemkas Wyrmsbane which has the quest “Because I like you”. To start this quest you need either to have your gathering skill at Beginner 7 or complete the quest “Go to the Northern Quarry”. This quest chain shown in the first column in the image below will ultimately take you to Ficy in Heidel.
After speaking with Ficy you can start your next quest chain which is shown in the third column. The first quest starts with Ornella which asks you to make 2 polished rocks. These are made by grinding 20 rough stones. When you have the rough stones press L, select the grinding tab, right-click the rough stones, and press start. When completed you can turn them in and complete the quest. This rewards you with Grinding: Beginner
The next quest starts with Flaviano. Buy 10 empty bottles, go to the river and fill the bottles with water. You do this by right-clicking the bottles in your inventory while standing in water. When you have the water press L, select the heating tab, right-click the water bottles, and press start. When completed you can turn them in and complete the quest. This rewards you with Heating: Beginner
The final quest in this line starts with Leybos. He needs you to make three ash planks. Start by cutting down ash trees with a lumber ax and gather 15 ash timber. Press L and use the chopping function to process the ash timber into 3 ash planks. When completed you can turn them in and complete the quest. This rewards you with Chopping: Beginner
After these three quests you can do the next three in any order you wish. The final three quest givers can also be found in Heidel. Techton gives you the quest Need Soft Hides which rewards you with Drying: Beginner, Lara gives you the quest Toys (?) for Kids which rewards you with Shaking: Beginner and Dora Fonti gives the final quest which rewards you with Thinning: Beginner.
Third Tier Processing
To be able to perform the last processing tier you again need to get certain knowledge by completing quests. When you complete the required quests and gained the knowledge you can start doing third-tier processing of that type. Processing ingots into pure crystals and plywood into Sturdy Plywood is an example of third-tier processing.
To start the quests which reward you with the knowledge to perform third-tier processing you need to have your gathering skill at skilled 10 and processing at professional 5 (artisan 1 is better). To start this quest path you need to find a villager in Keplan which will give you a quest leading you to Vatudun in Keplan Mines. He is located behind Andria the blacksmith in Keplan as shown in the image below. Note: You have to have gained all the beginner knowledge for this NPC to offer the quest.
When you speak with Vatudun he will send you on a chain of quests which will ultimately reward you with Heating: Skilled. This will allow you to make pure metal crystals by heating together metal solvent and metal ingots. After the quests, he will send you on to Murghed.
Murghed will give you two quests to complete, rewarding you on completion with Chopping: Skilled. He will then send you on to Likke Behr.
Now things get a bit muddled as you need to have Shaking: Skilled to complete the quests given by Likke Behr. To get Shaking: Skilled you need to reach processing artisan 1. The knowledge is part of the achievement award for reaching that level. If you don’t yet know about the achievement awards press P, select the task tab from the top and then reward from the lower bar.
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Likke Behr will give you two quests to complete before rewarding you with Drying: Skilled. Here the quest chain ends and you need to find the final two on your own.
To get Grinding: Skilled you need to find Geranoa in Calpheon. He is located in the Merchant quarter of Calpheon shown in the image below. Geranoa will give you a total of four quests before rewarding you with Grinding: Skilled. He will then send you on to Matheo at Oberon farm.
Matheo will then give you four more quests before finally rewarding you with the last piece of knowledge, Thinning: Skilled.
Effect of the Processing Skill
Raising the level of your processing skill is really important if you intend to process a lot. At the beginner level, you usually only get a single item from each processing action. At artisan 1 you get the maximum amount for every first and second-tier processing action. I addition you can get a second-tier item (such as an ingot or plywood) directly from the basic materials (ore, timber). At processing level master 1 you get an average of 2 third-tier items from each processing action. It is unknown it this raises to the general 2.5 average for first and second-tier items at higher processing skills.
Fastest Way to Level Processing to Artisan
The single fastest way to level your processing skill up to artisan levels is to process flax into flax thread by heating it. Flax is a raw material that you can first get with workers at the Costa Farm just southwest of Heidel. You can also buy it from the marketplace if available. For some reason this tier 1 processing rewards as much experience as some second-tier processing, such as making ingots. If you are able to perform tier two processing you can then grind the flax thread to make flax fabric. This again gives higher experience than expected from this tier of processing. To see the experience earned for each form of processing you can look at this table here made by Incendar.
Clothes That Help With Processing.
As with all life skills, there are silver embroidered clothes sets. The main benefit from the silver embroidered craftsman’s clothes is in the experience bonus it gives. A basic set gives you a +5% to your processing experience and at an enhancement level of +2, you get +15%. You do not gain any increased success from wearing processing clothes, but it does reduce the total processing time as it reduces the chance of “failures”. A failure in processing only means that you need to redo the processing, not losing anything.
There is also the craftsman’s clothes which you get as an achievement reward at processing level professional 1. This clothes can be turned into an outfit with an Equipment Tailoring Coupon and worn as well as the silver embroidered clothes, giving you an extra 10% to experience earned.
Pearl Store Items
There is a single pearl store item that helps enormously with processing. This item is often called the maid’s/butlers outfit but its official name is the Venecil Dress for female characters and the Karki Set for male characters. What makes this item so great is that it allows you to process items directly from your storage into your inventory. Since you no longer need to hold the heavier raw materials this results in longer processing sessions.
You will still need to invest somewhat into your weight limit as the processed materials end up in your inventory and you stop processing when you reach max weight. If you are having problems due to your weight limit you can read about how to increase your weight limit in this guide.
Why Should You Level Processing
Processing is a great skill to level. When you hit artisan 1 you will see that you are now able to process materials you buy from the marketplace and sell them back with a profit. If you have a worker empire to build on then processing can be a major form of income, perhaps rivaling end game grinding. And although it is a time intensive task, it can be done mostly AFK.
Now if you liked this Black Desert Online processing guide then be sure to share it with your friends and allies and feel free to check out my other Black Desert Online guides.
Published: September 26, 2019 | Updated: July 23, 2021 | Posted by: Venus Zoleta | Personal Finance
Published: September 26, 2019
Updated: July 23, 2021
Posted by: Venus Zoleta | Personal Finance
A buy and sell business is one of the easiest and cheapest small business ideas in the Philippines. You don’t need a business-related degree (though having one is an advantage) and large capital. Anyone—even college students, stay-at-home mothers, and inexperienced people—can start this kind of business for as low as PHP 10,000.
Buy and sell businesses can be profitable, too. Pinoys love good bargains in small quantities (also called tingi) but don’t have the time, energy, and patience for shopping at places like Divisoria. As a reseller, you buy cheap items in bulk and sell them in retail at higher prices. This allows you to offer low-priced products to budget-conscious consumers while still earning good profits.
Above all, the internet makes building and running a buy and sell business from home one of the most profitable business ideas nowadays.
Those are the whys of buying and selling for profit. Now, let’s tackle the hows of it.
Here are the crucial steps aspiring entrepreneurs should take to start a buy and sell business in the Philippines.
Table of Contents
- 1. Research Your Market
- 4. Choose Products to Sell
1. Research Your Market
Many small business owners skip this critical step because of the wrong impression that market research is both expensive and unnecessary. The exact opposite is actually true.
Market research serves as the foundation of a business of any size. It enables entrepreneurs to identify and understand their target market and competitors, as well as validate their business idea. Ultimately, market research helps make sound decisions that lead to increased sales and business growth.
Because you’ll be starting small, you don’t need to hire a market research company to do the job for you. You can conduct DIY market research [1] by browsing online forums and threads related to your prospective product. Other research methods like email/personal interviews, informal surveys, and focus group discussions (FGDs) also work.
Through market research, you aim to answer these questions:
- Who are the best people to offer products to?
- Does your target market want what you’ll be selling?
- What particular needs of your target customers are you trying to fulfill?
- Who are your competitors? What’s unique about them? What will set you apart from the competition?
- Is the market already saturated? Are there too many stores nearby that sell the same products as the ones you plan to offer?
2. Write a Business Plan
After researching your market, the next logical step is to draft a business plan. This document covers all the details of starting and running a buy and sell business. Yes, you need to put those things in writing because it’s important to be organized as an entrepreneur. Also, your business plan could come in handy when you need to apply for a business loan.
3. Look For Sources of Capital
How will you fund the initial expenses for your buy and sell business? You may have already saved up for it. If it will take time to save enough money for your new enterprise, or you don’t want to touch your savings, consider getting a low-interest personal loan for business purposes from a bank. Borrowing money at a low interest rate is a good idea because the loan won’t eat away your earnings.
4. Choose Products to Sell
In a buy and sell business, you can practically sell anything (except for the common prohibited items like perishable food products, weapons, etc.). Of course, it makes sense to consider selling the type of products you’re interested in or passionate about—it’s what will keep you going when things get tough.
But if you’re after maximizing profits, then choose the top-selling products or those with high demand. You may use online tools like the Google Keyword Planner to find the most searched brands and product categories related to the product/s you want to sell.
Profitable Buy and Sell Business Ideas in the Philippines
Especially if you’ll take your buy and sell business online, consider selling any of the following top-selling items in the Philippines:
- Shoes
- Bags
- Toys
- Health supplements and products
- School and office supplies
- Motorcycles and accessories
- Electronics and gadgets – cellphones and accessories, cameras, smartwatches, headphones, etc.
- Beauty products – cosmetics, face masks, skincare products, etc.
- RTW clothes – t-shirts, dresses, sportswear, swimwear, formal wear, etc.
- Baby care products – Milk powder, diapers, bath products, etc.
5. Find Wholesale Suppliers
Once you’ve decided on the products for your buy and sell business, look for wholesale suppliers of the items you want to sell.
Divisoria, Baclaran Market, and Greenhills are the go-to sources of products for buy and sell entrepreneurs in the Philippines, especially for clothes, bags, shoes, and toys. For very cheap wholesale RTW garments, head over to Taytay Tiangge in Taytay, Rizal.
There are many other wholesale stores in the Philippines that specialize in different types of products. Online wholesale shops make procuring products a lot more convenient than going to brick-and-mortar wholesalers, so you may also want to check them out.
If you have a particular brand in mind, you may reach out to the company to ask if it has a reseller program or if it accepts dealers or distributors of its products.
When searching for the perfect supplier, ask for quotes and compare prices. Make sure that the items are legitimate and of good quality—you don’t want to sell fake and inferior-quality products.
Read more:
6. Set Up Your Store
If you want to have a physical store, find a high-traffic location where many potential customers can see your shop and products. Depending on your budget, you can rent a space in a mall, within your neighborhood, near a school, or any place where your target customers pass by.
Renting space and setting up a physical shop can be very expensive. To save on costs, open an online store instead. You can set up your buy and sell business on social media (particularly Facebook and Instagram) or online shopping marketplaces such as Lazada, Shopee, and OLX. When your business scales up in the future, you may also build your own website (through e-commerce platforms like Shopify and Shopline) where your customers can buy your products.
7. Open Accounts for Receiving Payments
Although cash on delivery is still the preferred payment method among Pinoy shoppers, it’s also good to provide alternatives to customers who want the convenience of paying without cash.
Open different savings accounts (ideally with major banks like BDO, BPI, and Metrobank), so paying customers can make an over-the-counter deposit at the nearest branch, or simply transfer funds to you via online or mobile banking.
The number of mobile wallet users in the Philippines is growing, so it’s also great to have them as payment options for your customers. For this purpose, open an account with PayPal, GCash, PayMaya, and/or Coins.ph.
8. Get a Shipping Service Provider
If you’re starting an online buy and sell business, buying a dedicated vehicle for deliveries can eat away your capital. A cost-effective option is to avail of the services of a logistics provider that will pick up the orders from your location and deliver them to your customers.
Online sellers who are on Lazada or Shopee need not worry about shipping their products because the e-commerce websites handle it for them.
9. Register Your Business and Secure Permits
Some small buy and sell business owners operate without business registration papers, and that could be fine if the online marketplace they’re selling on allows it. For instance, Lazada and Shopee don’t require proof of business registration from individual online retailers of unbranded products.
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However, if you’ll be selling as an official or authorized dealer of a brand and want to gain legal status for your business, then get the necessary registration documents. Apply for a business registration certificate at the Department of Trade and Industry (DTI) and mayor’s permit at your city or municipal hall. Also, get a BIR Certificate of Registration and file your income tax return at the Bureau of Internal Revenue.
If your store will be located in your neighborhood, check with your homeowner’s association if there’s any required permit you need to secure before you can start your buy and sell business.
Will you hire an assistant or customer support staff? You’re required by law to register yourself as an employer and your new hires to the BIR, SSS, PhilHealth, and Pag-IBIG.
Read more: Employee Registration Philippines: A Guide for Employers
10. Promote Your Buy and Sell Business
Marketing is an important aspect of your business no matter how small it is. If you’ll open a physical shop, you can distribute flyers and post banners nearby.
If you’ll be having an online store, take advantage of social media as a marketing tool [2]. Create your own business profiles on Facebook, Instagram, and Twitter. Consider having paid or sponsored posts about your new business at a minimal fee to get it known to your target customers. The good thing about promoting a business through sponsored posts is that you can choose the location, age, and interests of people you want to target.
Final Thoughts
Starting a buy and sell business has never been easier, thanks to the internet. That’s why it’s a popular choice among first-time entrepreneurs who want to earn extra income in their free time.
Planning to put up your own venture? Good luck and may your small business be successful!
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Sources:
- How to Do Market Research for Small Business: 8 Affordable Market Research Techniques (Elias, 2017)
- 4 Ways to Use Social Media to Sell Your Products (Fusco, 2015)
Venus is the Head of Content at Moneymax, with 15+ years of experience in digital marketing, corporate communications, PR, and journalism. She invests in stocks, mutual funds, VUL, and Pag-IBIG MP2. Outside of work, she’s crazy about cats and Korean dramas. Follow Venus on LinkedIn.
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