It’s no longer a secret to anyone that making money selling CS:GO skins can bring a good income. But to turn this idea into reality, specific knowledge and understanding of what needs to be done are required. That is why you are now reading this article, in which you will find answers to basic questions. So read the information below to quickly start making money on your favorite hobby.
What are CS:GO Skins?
First, CS:GO skins are decorative items that players use to give their weapons a unique look. And although they do not affect the technical abilities of weapons in any way, they make the game much better. Secondly, it is an in-game currency that players have been actively using for many years. It is worth noting that skins are the factor that allows the game to constantly develop and improve.
Importance of Pricing CS:GO Skins for Trading
An accurate estimate of the skins in your inventory is vital. The thing is that the right price can guarantee you the maximum return on transactions. Since high price can lead to you making fewer sales, and low cost will simply not bring you income.
You can compare prices on reliable trading platforms and thus be closer to the golden mean. Also, to correctly set the price for the skins, you must consider many factors.
Factors Affecting Skin Pricing
Skin Rarity
This factor is not in vain the first one, since the rarity of the skin is the first thing you need to pay attention to when setting prices. There are 8 skin rarity levels in total, from Consumer to Contaband. Since rare skins are difficult to obtain and expensive to buy, they are correspondingly more expensive and sometimes much more expensive than regular skins.
Skin Condition
It is also worth considering the condition of the skin that you want to sell or buy. It can be a Factory New skin or one already at maximum wear. Naturally, the lower the degree of wear on the skin, the more expensive it is, and vice versa.
Skin Float Value
Float Value shows the condition of the skin. This value is measured from 0.00 to 1.00, where 0.00 is Factory New and 1.00 is Battle-Scarred. In this case, the price is higher when the Float Value is lower since the skin has a more attractive appearance and minimal or no scratch codes.
Skin Wear and Tear
Players choose a skin based on its external data in the first place. So skins without scratches and scuffs are more expensive. This is logical because peeling paint and scratches can damage, for example, the pattern that makes this skin special.
Skin Pattern
Patterns are another important factor that affects the price. This is because a particular pattern of one skin can cost ten times more than another pattern of the same skin. That is why you should always be attentive to such details.
Skin Stickers
Before sticking stickers on skins, you need to think twice. After all, it is somewhat complicated, and this can significantly affect the price. It is worth choosing for the skin such stickers with which it will harmoniously roll off. After all, if you stick an expensive sticker on a cheap skin, then it’s not a fact that you can sell it profitably.
Skin Exterior Quality
This is what has already been discussed above. You must consider every scratch because even the smallest abrasions can affect the fact that expensive skin will become several times cheaper. This does not apply to all skins, but still.
Skin Collection
And, of course, the collection to which the skin belongs. You need to know if the skin you want to sell or buy belongs to the collection that comes with the update, is a limited collection, or is a collection with rare skins. All this is worth considering.
Methods for Pricing Skins
Steam Community Market Prices
Steam Community Market is one of the most popular platforms for buying, selling, and exchanging skins. Therefore, you can find an excellent example of how much a particular skin can cost. After analyzing the market, you can set a price that will affect your sales volume.
Third-Party Skin Marketplace Prices
You can also use third-party marketplaces that work independently of Steam. There you can find a variety of price categories. When using such platforms, first of all, you should pay attention to their reputation and the rating of the one who sells or buys skins.
CS:GO Skin Pricing Tools
Several CS:GO skins pricing tools are available online, and you can use them. Pricing occurs through the use of algorithms that take into account all of the above factors. They can be handy, but it’s always a good idea to check all the data yourself, as the results of the bot’s evaluation of skins are not always accurate.
To Wrap Up!
Pricing your CS:GO skins for trade is an important part of trading. Understanding the factors that affect skin pricing and using the proper pricing methods will help you set the right price. Also, don’t forget that skin pricing tools can be a useful starting point for pricing skins. So if you consider all the factors and use the available tools, you will definitely profit from the hobby.