If you are looking for an easy way to earn a lot of gold without putting in much work, then Runescape merchanting is perfect for you. The easiest type of merchanting that can be done daily is called flipping. Flipping in Runescape can be very difficult to learn how to do efficiently, but when mastered, it can make you unlimited amounts of gold.
How does flipping work?
The basis of flipping is simple to understand. To start off, go ahead and purchase commonly traded items such as dragon bones, sharks, magic logs and nature runes for a small percentage of the GE price. When purchasing, you should keep this price in your mind as it will be used in the future. Then sell that same item for a small percentage below the grand exchange price. Keep the selling price in mind as it will be used later as well. The price you instantly sold your item will be the price you will put the buy offer for that same item on the grand exchange, and the instant buy price will be your selling price.
The process that is mentioned above is called a price check. Although you may be losing some gold price checking, it is the only way you will be able to consistently find the profit margins of certain items on the grand exchange.
How to find profitable flipping items?
The first step of Runescape merchanting is finding profitable items that will be worth your time flipping. If you are having a rough time trying to think of profitable items to flip you can easily get inspiration for flipping through the skills tab. You can choose a random skill you want to flip for, and just price check random items that are on the list to find the margins. Once you find an item with considerable margins, just keep flipping it until those margins close.
You can even find items for Runescape flipping by looking at the monthly game updates. This will give you a better understanding of what items will be updated, and how their price will be affected. The items that are included in the monthly game updates are associated with a higher risk factor, there is a higher chance for a large profit but also a large chance for a loss.
As soon as you start flipping in Runescape, you will need to build a list of items that have worked well for you in the past. This list will evolve along with time giving you an excellent baseline for items that you can flip in the long run.
All you need to do is to repeat these steps repeatedly. If you do it correctly, you will make a decent amount of money in the long run. The longer you flip in Runescape, the more experience and confidence you build up giving you a better understanding of how different items behave. With that in mind, you can improve the profits you receive.
If you would like a more in depth guide on Runescape flipping or merchanting, be sure to take at the video posted below from Merchz.