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  1. #1
    Faid's Avatar
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    What is this competitor even doing?

    Bit of background:

    I've been selling an assortment of cut Cata rare (blue quality) gems for weeks now. There are a few main competitors that I keep an eye on, all of who will undercut between 1c and 1g on undercuts, usually posting between 1-5 of each cut at a time.

    Inferno Ruby cuts have been going for around 60 to 80g and tonight they were around 70g. I posted up my usual 4 at a 1c undercut.

    Then I saw a new face, an unguilded level 1, undercut me down to 35g and post forty auctions. I have a massive amount of stock to move that I got for "free" from shuffling (Bought the ore for about 35g a stack so the greens paid for the blues and anything I get off the blues are profit.)

    So I decided that I'd rather both get some gold and show this new player I wasn't going to be scared off by lower profits so I just undercut him by 1c. He bought out my 4 of each gem. (Bold, Brilliant, Delicate) Immediately after buying my few out he then cancelled and reposted all of his own 40 gems up for the previous price around 70g.

    I noticed he wasn't online so I posted another round of 4 each. About 10 minutes later he logged on and didn't buy mine out but instead cancelled his higher posted auctions and reposted all 40 of them down at 25g this time.

    I've heard of posting lower to try to buy out competition, but I don't think I've ever seen people post so many auctions and sacrifice that kind of deposit money. I just don't get what his game is. Any thoughts?

  2. #2
    Normally, people will only post 1 lower to try and force people to undercut so they can buyout - makes no sense for him to post that many, unless he is also trying to trick people's auctioneer and get a lot of stock at a cheaper price with the intent of resetting the market later. He's probably posting that many as well to deter people from simply buying all of his out and relisting higher - that would be too high a risk in many peoples books.
    Follow the Gold Road - Using Addons to Make Gold in World of Warcraft

  3. #3
    Could also just be a noob.

  4. #4
    The only thing that I don't understand is why he/she is relisting so many copies of gems. The deposit fees have to be adding up. Most likely he/she is in the same situation as you. Lots of "free" rare gems floating around from the shuffle.

    Trying to protect one market might be a sign that he/she is cash low and needs to move some stuff. Who knows I gave up trying to understand my competition. I just try and come up with a plan to crush the competition.

  5. #5
    Z-Man's Avatar
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    The deposit fees on rare gems is less than it was in WotLK. It takes a lot of lost fees before they add up to anything now, and Cataclysm profit margins are just too high for the fees to cause much worry. One sale will cover all of his fees and then some.

    I would just buy the 40 gems the next time you can lure him down to 25g. That's 240 stacks of elementium (800 stacks of obsidium) for him to get those back. He's going to run out of rubies at some point and the shenanigans will stop.

  6. #6
    turbare's Avatar
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    As Z-Man says, at 25g I'd just buy them out, if he posts more I'd buy those too, epics won't be coming very soon and inferno prices seem stable enough.

  7. #7
    Praxel's Avatar
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    Yeah I wouldn't undercut him, I'd buy out his stock
    Tichondrius (Horde): Member of The Basin
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  8. #8

  9. #9
    Mokky's Avatar
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    I value Inferno Rubies according to the following guidelines (based on the cost of transmuting them):

    (Vendor price of 3 cut Carnelians) + (Average cost of 3 Heartblossom)
    Which on my server is 27 + 9 = 36g

    I'd buy out any posted below that. Especially in the lead up to 4.1 when people will be getting new gear.

  10. #10
    Meyer's Avatar
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    I value Inferno Rubies according to the following guidelines (based on the cost of transmuting them):
    (Vendor price of 3 cut Carnelians) + (Average cost of 3 Heartblossom)
    Which on my server is 27 + 9 = 36g
    If you have a enchanter, try calculating the price for a using the way. On most servers you'll find, that the enchanting materials disenchanted are worth more then 36G (currently I get 20G per by enchanting - so I need to move the at around 70G or more to make the same profit.

    NOW this is based on assumption that my stock of uncommon and rares are limited, but in reality it really isnít.

    I get so much ore on COD, that I just vendor a lot of the gems after prospecting and cutting them. I make spikes, rings, cut and meta gems, and I sell the gems raw. I do everything which gives me more then just the vendor price Ė but I still vendor gems, as I canít sell all my products in the same speed as I prospect them Ė even with all offloading methods in use. (Prospected more then 1250 stacks last 3 weeks alone). I have actually considered selling uncommon uncut gems at 8G/gem Ė as this would save me a lot of time cutting them. (time is money friend.!!)

    So Iím not only focusing on the most profitable way to sell Ė Iím focusing on all the ways at the same time which can offload my stacks at more then the cut vendor price.

    The competitor in the first post might thing the something, but I doubt it, as he properly already lost his entire sale above vendor margin on the AH fees. It sound to me like it just someone how have read one of the many brilliant threads here on the Consortium, but donít know how to execute the strategy. Trying to bully / control the gem market at this point in time would be suicide on most servers. There a huge surplus of ore and uncut gems Ė and your competition could have a very large amount in stock (Personally I have +100 uncut meta gems, +6.000 uncut uncommon gems, +1.000 uncut rare gems + around 500 stacks of unprospected ore (Obsidium, elementium and pyrite))
    ---
    Summer 2010: Average Poor Wow player ||| Winter 2010: Joined The Consortium ||| Summer 2011: Passed 2 mio. liquid gold ||| Currently (MOP) >4 mio. ||| You could do the same.!

 

 

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