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4-28-2010 @ 6:09PM
Anybody who knows anything about the AH will know you never, never, pay attention to undercutters on items that you can list for free. You DOUBLE what they are charging. Why? Because they will sell, and it costs you nothing to list them over and over again.The other great market is poaching grossly underpriced scrolls and reposting them at 10 times what you bought them for.
4-28-2010 @ 6:21PM
Perhaps you have the cost of opportunity, because as long as they are gaining something, they make up your one week sell profit in several low profit sales.
4-29-2010 @ 9:44AM
Nonsense, jfofla. Just because there's no loss of gold for having your auctions come back unsold doesn't mean that you aren't spending time on them, as well as mats that you could have sold. Your logic requires so much demand that your competition gets bought out and there's still demand to go around. This is true sometimes, but more often than not, if I'm undercutting you and I see that there's huge demand for something, I'll just make 30 scrolls and make sure that I never run out.
4-29-2010 @ 10:29AM
I agree with jfofla. Unless you need money RIGHT NOW (in which case the AH is not a good solution for you anyway), you can afford to list it and re-list it until you get what you want. I can't tell you the amount of times I've simply re-listed an item with 0 deposit, and ended up with much more gold for quite minimal effort.
4-29-2010 @ 10:53AM
Yeah, but now I'm selling more volume than you and only losing however much I'm undercutting by. I'm making more profits in the end. Also, assuming I have no limitation of how many mats I can make or buy, you won't sell a thing unless I misjudge demand and run out of something.Your idea will work if there's so much demand that the mats become scarce, however that's not going to happen often. I establish a high threshold and hold firm on price in many markets, but not on markets where you can get mats so easily and cheaply.
4-29-2010 @ 3:10PM
jfofla has the right idea. The only way constant undercutters "win" is if their time is worth nothing. For most people, it's better to relist every couple of days with a reasonable profit margin until the items sell.I don't agree completely with the "double their price" theory because there is still a certain price that the market will bear, and as long as there are undercutters on the supply side, that price will fall. The important things are to never sell for a loss, to be aware of recent pricing trends, and to be patient and wait for the people who are selling at a loss to give up because they aren't making any money.
This only works if the scroll eventually sells.Otherwise you're just wasting time relisting it while someone else is making a profit from selling their cheap scrolls.If your scroll is ridiculously overpriced potential buyers will just ask in trade and get it then...
5-06-2010 @ 4:54PM
I don't share the same experience or observation. Here is why. To make money, you must have a transaction. It's absolutely the first rule! Nothing else matters if you don't actually get the sale. I will list a scroll to undercut market. If I can't make a profit, I'll find some other scroll.There is one circumstance where I will post the highest price for a scroll. This is when a new tier set becomes available. About buying and reposting. I'm totally cool if you want to repost my offerings. In my view, you are assuming my risk in the hopes of reward.
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