Want to get more gold from investing in stores in skyrim? There are several methods you can use to maximize profits from your store investment. By picking profitable locations, investing in multiple stores, and improving your merchant skills, you can earn a steady income stream. With the right approach, store investment can be one of the most profitable ventures in skyrim. Reading on to learn 3 key methods for investing in stores in skyrim to increase your profits.
Invest in stores in major cities like solitude for high customer traffic
One of the most important factors in successful store investment in skyrim is location. Stores located in major population hubs like Solitude and Whiterun have a constant stream of customers to buy your goods. The amount of daily gold earned from a store scales directly with the number of visitors. So invest in stores situated in large cities and avoid poor, rural locations where you won’t get many shoppers. For the busiest stores with the most customers, look to the capital cities like Solitude, Windhelm, and Riften.
Own multiple stores across different cities to diversify income sources
Don’t just invest in a single store. Owning multiple stores across different cities and towns allows you to earn income from diverse economic regions of skyrim. If one town’s economy is struggling, your other stores located elsewhere will still earn gold. This diversification insulates you from regional economic fluctuations. Aim to purchase at least one store in each major city. The more locations you own, the more reliable your total profits will be.
Boost your merchant skill to buy low and sell high
With higher merchant skills, you can buy inventory at lower prices from suppliers and sell at higher prices to customers. This increases your profit margins considerably. As your merchant skill improves, prices to purchase inventory will decrease by up to 20%. You can also invest perks in the speech skill tree to unlock better prices. Consider enchanted items like the Amulet of Articulation to enhance merchant skills. With maxed out merchant abilities, you can double the gold earned from each trade.
Send hired mercenaries to collect gold from all stores
Managing a large store investment portfolio across skyrim can be tedious, given the vast distances between cities. An easy method is to hire mercenaries to collect gold from each store on your behalf. The hirelings will gather earnings and deliver the gold to you wherever your location. This saves you time travelling to each store just to pick up gold. Look for hirelings in inns or recruit followers to handle collections. Pay them a weekly wage from store profits to handle collections.
Investing in stores across skyrim cities can provide a steady stream of passive income, but you need the right approach to maximize profits. Invest in high traffic locations, own multiple stores, boost merchant skills, and outsource collections to quickly build wealth. Use these tips to turn skyrim’s stores into a gold generating engine.