auction-house-pvp
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Drama Mamas: Guildie vs. guildie at the Auction House
Drama Mamas Lisa Poisso and Robin Torres are experienced gamers and real-life mamas -- and just as we don't want our precious babies to be the ones kicking and wailing on the floor of the checkout lane next to the candy, neither do we want you to become known as That Guy on your realm. I don't think we've had Auction House drama before. How delicious interesting. Hello ladies I have played WoW on and off since vanilla, but I always seem to return at the tail end of an expansion. I came back this time 3 months ago and decided to start fresh- new server, new faction, new toons. I have alot to prepare for the release of MoP like this but I thought I was doing pretty well. I joined a really great guild who has an unwritten rule that we don't undercut others on the AH, and alot of the members go as far as waiting until others have sold their items before listing the same thing. As such we're all pretty open with our gold making 'secrets' with each other. I have a friend who, like me, has two gathering professions on his main, which are also the same as mine. He was complaining that nothing was selling well anymore this late in Cata, so I shared with him a few of the things I gather and sell, my main money maker was something I specifically told him sells a little slow but does sell, so don't get carried away putting too much on the AH at once. Very quickly I found he was flooding the AH with what I suggested to him, undercutting me by 10-20g each time and soon enough things were selling for less than half of what they were before. I pointed out to him, again, he does not need to flood and undercut so much, but he did not listen.
Gold Capped: Bait and tackle
Every week, WoW Insider brings you Gold Capped, in which Basil "Euripides" Berntsen aims to show you how to make money on the auction house, and Insider Trader, which is all about professions. For Gold Capped's inside line on crafting for disenchanting, transmutation, cross-faction arbitrage and more, check in here every Thursday, and email Basil with your comments, questions or hate mail! I'm going to start trying to include a link to something I've enjoyed reading in the gold-making blogosphere every week. Our first installment is JMTC's blogging carnival about lessons learned while preparing for Cataclysm. There are 18 submissions, which should keep you busy for a while. We've talked about auction house PvP before, but today we're talking about a glyph PvP method I like to call bait and tackle. Here's the problem: In order to sell glyphs, you need to spend a fair amount of time crafting them, as well as milling. In addition, on most sizable realms, there are a few hard-nosed competitors who are willing to play for longer than reasonable players. There have been times when, day or night, if I posted a batch of glyphs, every single one would get undercut exactly every 10 minutes.
Gold Capped: Breaking the glyph wall
Every week, Gold Capped brings you tips on how to make money on the auction house. This article from inscription specialist Steve Zamboni has been brought to you by Seed, the Aol guest writer program that brings your words to WoW.com. Almost all auction house tactics revolve around the undercut. It may be a single copper, a few silver or a few gold, or a freefall drop down to the price of materials. Regardless of the amount or the frequency, most undercuts share a common misconception: that you're controlling the market with your undercuts. You're not. Your competitor has the control. By undercutting, you've just let your competitor decide your price. You've let your competitor set a cap on your profits -- and more, you've agreed to accept even less with your undercut. The inscription market sees more than its fair share of this, sometimes on a large scale. The low deposits encourage large number of postings, followed by even larger numbers of cancellations and repostings. Prices fall as each new poster accepts and trumps the previous poster's prices, until the market falls to the cost of materials and the walls go up. The final wall signals a complete loss of market control. Once it's up, it no longer matters who built the wall. If it's your wall, you can't raise prices until the competition perched above you goes away. If it's not your wall, you can't raise prices on your auctions until someone breaks the wall. Stalemate, and out come the piña coladas.
