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  1. #1
    Zargmlon's Avatar
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    Whats up with the flask market?

    I have been looking at the flask market and quickly whipped a spreadsheet up that factors in transmute spec and AH cuts. I input my herb prices and to my surprise I found out that at current herb prices (On my server. But I have heard others are like this as well) I will loose money on all flasks, or make less than 500 gold per 100 flasks made.

    So are people farming and making flasks not realizing its worth more to just sell their herbs or is there something I'm missing?

    I can post the spreadsheet if anyone is interested, its simple and not very pretty. Factors in AH cut and transmute spec.

    Can a mod move this to the professions forum, I made a whoopsie.

  2. #2
    Aeg's Avatar
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    Flasks are used to gain a number of skillups for alchemists which is part of it. Also the guilds are now likely using the which takes less flasks per raider and is likely the biggest market killer of the flask market for raiding guilds. Pug raids are far and few compared to the ICC days and as such will take a bit of time before those are buying a lot of flasks.

    I personally do not see the demand going up for these anytime soon if at all.
    Experience for mining/herbing - Making farming tolerable and leveling painful.
    There can only be one Rewind Trader

  3. #3
    Pliaksi's Avatar
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    It is the most standard mistake most people make - since they pick the herbs themselves, they consider them "free". It has been around since forever, at least on my server.
    It's not a bug, it's a feature !

  4. #4
    What kind of proc rate are you using? (20%?)

    I think the flask market is a hard market to get into. Before jumping into the flask market I think you should be familiar with the herb market. I know on my server that herb prices will drop to a point where I can make a profit. But this has been after watching the markets for a couple weeks. I tend to buy any azshara veil that I can get for around 5-6g a piece and twilight jasmine for 6-8gold a piece. I have a stockpile of lifes but I would suggest trying to get them around 5g.

    12 * 6 = 72
    12 * 8 = 96
    6 * 5 = 30
    ------------
    198 with no procs. Procs usually lowers this prices down to ~161 - 165g. That is what I always keep in the back of my head. Sell the flasks for just over cost. You are going to make your money in quantity.

  5. #5
    Aeg's Avatar
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    As a reminder with the 4.06 patch coming soon (potentially next week) the mats for the flasks are going to change and you should adjust accordingly.

    Also, all flasks had their reagents requirements changed and now requires 8 (up from 6) and 8 of each Herb (down from 12)


    requires: x 8, x 8, x 8,
    requires: x 8, x 8, x 8,
    requires: x 8, x 8, x 8,
    requires: x 8, x 8, x 8,
    requires: x 8, x 8, x 8,

    This should have a slight effect on volatile life prices as people realize they can make flasks for cheaper then AH prices.
    Last edited by Aeg; February 3rd, 2011 at 01:56 PM.
    Experience for mining/herbing - Making farming tolerable and leveling painful.
    There can only be one Rewind Trader

  6. #6
    Mugsley's Avatar
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    As Aeg said earlier, many guilds were subsidizing herb purchases along with members farming in order to hit the Cauldron achievement (especially so after Blizzard reduced the flasks to 1,000). The unfortunate side effect is some people mass offloading the flasks they made (although considering you need the flasks themselves for the cauldron, I don't understand why).

    I tried to dip my toe back into flasks recently but I just couldn't afford the Whiptail and Twilight Jasmine prices (based on flask prices). However, keep an eye on the market because once the patch drops, there's going to be a major flood and you stand to make some money if you pick up a bunch of cheaply priced flasks, and resell them after the rush.

  7. #7
    I would suggest making the "expensive" flasks if you want to try and get into this market. The Flask of the Wind (+AGI) and the Flask of the draconic mind (+INT) are the big movers. I often see people try and test the waters with the STR or ARMOR flasks they can be made for "cheaper" because they take cinderbloom.

    Also I would stay away from the +Spirit flasks. I am going to go out on a limb and say the +INT flask is better for any healer than the +Spirit flask.

  8. #8
    Mornia's Avatar
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    In the past I've been heavily involved in the flask market and made a lot of money from it pre cata. For me, things are still yet to pan out and I'm reluctant to invest in a large amount of mats. The cauldron thing has added an extra factor into the equation and the price volatility of the mats puts me off. I'll be watching the market with interest in the coming weeks as prices settle down and things become more predictable.
    "Money is not the most important thing in the world. Love is. Fortunately, I love money." - Jackie Mason

  9. #9
    Cauldrons don't scare me at all. I look at it this way. If the guild has (or will have) access to cauldrons those people were not buying from me anyway. They would have been using the guild alchemist to make all the flasks they want. These people are not my customers and they never will be. They get all of their stuff made by their guild alchemist.

    Flasks are "required" for all current raiding content (with the exception of BH). Like any consumable there is going to be stiff competition with lots of undercutting. Knowing your breakeven point helps when the markets drop to low for you wait for them to come back up.

    The only time I have lost money on flasks is when I made 200 of them and freaked out b.c my liquid gold was low. At that point I just need cash to keep other markets up and going. I lost money because I sold under my bottom line.

  10. #10
    Mugsley's Avatar
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    Quote Originally Posted by Mornia View Post
    In the past I've been heavily involved in the flask market and made a lot of money from it pre cata. For me, things are still yet to pan out and I'm reluctant to invest in a large amount of mats. The cauldron thing has added an extra factor into the equation and the price volatility of the mats puts me off. I'll be watching the market with interest in the coming weeks as prices settle down and things become more predictable.
    If those pesky Scribes weren't buying all our herbs, we wouldn't have a problem here.

 

 

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