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The state of the Wow economy.
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Post by
714365
This post was from a user who has deleted their account.
Post by
Phaleux
This is how it has always worked, so I'm not sure what your question/surprise is about.
Post by
Porcell
I find that the price of all mats are going down, more and more.
That's kind of what happens when supply increases and demand decreases. Funny how that works.
And ontop of all that, you have idiots that undercut your Str/crit meta gem by 100 &*!@ing gold, because clearly the 10k gold pattrens are easy to come by.
Guess what, the guy who undercut by 100 probably sold his gem pretty fast, AND staved off other auction posters who thought to themselves "Man, I'm just going to wait until his gem sells then post mine for the normal price." So the guy who undercut by 100 sells his and makes profit, crafts another one, sells it, makes another, sells it. All why the other crafters who are "playing nice" at a market price are not selling anything.
It's called volume. Undercutting by a large amount can 1) Induce a sale where someone might not have bought one before, 2) old off other undercutters. You still make profit. One-sale profit does not always have to be maximized when you are selling by volume.
Post by
mistyfire
I'm assuming that your trying to sell gems on the AH and someone keeps undercutting you. I also had that problem a few years ago and heres what I did.
I contacted the undecutter and said to him that i would buy his
Copper Ore
. We agreed on a price and he sent them to me C.O.D. ,then i turned around and posted them on the AH.. I made a profit and he made a profit.. I always sold at 100% of market value ! I also stayed at the AH as much as possible.
Anytime someone would post
Copper Ore
for less than mine I always bought it then reposted asap.. The amount of Copper passing thru my toon was staggering. Eventually I had the market cornered for about 3 weeks. I made out big!
So i guess my advice is NEVER sell for less than 100%.. Buy up your competition.. prevent them from even selling..
Post by
slasher0161
I'm assuming that your trying to sell gems on the AH and someone keeps undercutting you. I also had that problem a few years ago and heres what I did.
I contacted the undecutter and said to him that i would buy his
Copper Ore
. We agreed on a price and he sent them to me C.O.D. ,then i turned around and posted them on the AH.. I made a profit and he made a profit.. I always sold at 100% of market value ! I also stayed at the AH as much as possible.
Anytime someone would post
Copper Ore
for less than mine I always bought it then reposted asap.. The amount of Copper passing thru my toon was staggering. Eventually I had the market cornered for about 3 weeks. I made out big!
So i guess my advice is NEVER sell for less than 100%.. Buy up your competition.. prevent them from even selling..
Until supply then exceeds demand and you are left with a metric @#$% ton of 'x' and party 'y' wants no more of 'x' even if your selling stupidly below what you paid for it. People who do this make me happy because i'm happy to undercut and sell some of my stock at a loss just to mess with them, in the gem market it changes hour by hour, day by day.
Here is the fun fact though you get 12 different types of uncut gems to sell from prospecting, now each of these can be further broken down into a series of cut gems and assorted pieces of jewelry. So your average JC is looking at 25 or so different markets just from having prospected some ore, now some of these have stupidly high demand (see
Inferno Ruby
) your looking at 2 stacks of ore for selling one of those gems on my server.
Now what this means is that if I sell any other gems from those 2 stacks of ore I make a profit even if I sell at barely above vendor price to ensure that the rest of the market doesn't sell their stock. You might say, but that is only one gem you would still have issues, to which I reply simply. Do your research i'm no professional at this hell I only do it on the odd occasion and still I manage to turn 5000g into 13,000g in 2 days.
TL;DR don't listen to the quoted poster, learn to ride the market and research its trends and abuse them. (As an aside using above posters method I turned 22k in wrath into a mere 25k playing an aggressive style like his on ah, if it does pay off it is hardly worth while)
Post by
mistyfire
With all do respect Mr. Slasher, your post makes no sense, well not to me anyway.. You said you turned 5000g into 13,000g by selling gems "barely above vendor price".. then you said that using my method and posting at 100% you "turned 22k into a mere 25k".. I think you have your numbers backwards there Mr. Slasher... You did however give solid advice when you said to "ride the market and research it's trends"..
Another fact regarding your superior grasp of economic issues is your statement " I'm happy to undercut and sell some of my stock at a loss".. May I respectfully ask how in the heck you make a profit by selling at a loss? Finally you said "don't listen to the quoted poster" well, i think after reading your post about making profit by selling at a loss, he'll know who to listen to.
Post by
banchee2003
My general AH loop is buying elementium ore (because I'm too lazy to farm it). I usually buy around 3000 ores, and prospect them all. Since I have 3 JCers, I have every cut. I generally make 2 of each cut then replace the ones as they sell. With the common gems I get, I send the Hessonite and Carnelian to my transmutation alchemist. I buy the herbs to transmute them to rare gems and send them back to my JCers. Lastly, I make the JC alicite pendent with the alicite that I've prospected and send those to my enchanter to D/E. The common blue/green/purple gems I save for the JC daily. I tend to make out very well.
Post by
Eezurpain
On my server I used to put about four obsidium executioner swords on AH at a time. When I first started doing this I was making about 600g profit per sword sold (i would farm the mats myself). But after about a week I had been undercut so much that the swords were only selling for 100g or less. I find it quite amazing how quickly prices of one item drop so much in such a short period of time.
Post by
Revenga
Maelstrom crystals are way too overpriced imo. in Wotlk it was so easy to get epic and de them but now its much harder so epic crystals are very expensive atm :-/
Post by
166779
This post was from a user who has deleted their account.
Post by
243988
This post was from a user who has deleted their account.
Post by
172710
This post was from a user who has deleted their account.
Post by
Exposed
Get a gold stack and play the AH like the $%^&* it is.
A guy on my old server buyed out and i mean buyed out EVERYTHING that it was of runecloth back when people turned it for rep and resold it all at very high prices it never failed because he allways made a profit
An example with example prices:
20*Runecloth = 50G
He buys all runcloth on the AH for 50G
Post them at 75G per 20*R
Profit=25G per stack if you then undercut him to be a #$%^& he buys it the profit is more than less nothing if you UC with the standar 2.5 % but he still gets profit of the other runecloths.
Ever played monopoly?
Post by
59384
This post was from a user who has deleted their account.
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