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  1. #1

    Weekend undercutting fury

    I am quite new to the AH business (mostly ore shuffle + JC + scroll) and this weekend was the first I was able to play as an entrepreneur
    On my server, I was very (very very) surprised about how the market trend goes, people are undercutting like crazy , often going very low under mat cost. Even raw material was cheap (which is a good opportunity to stockpile) , for example obsidium ore stack @28g

    I was wondering how do you handle this kind of trend

    - do you only stockpile
    - stockpile and sell with less profit , hoping selling more
    - sell at all prices but you need to babysit very often
    - other

    And how long does it take for the market to "reset" to a normal state

  2. #2
    Kathroman's Avatar
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    Different markets move in various ways over the weekend. Usually, raw materials start off cheap and then the price will rise through saturday and sunday morning. Most crafted materials will move in the opposite direction. Starting high and then dropping as more get produced. I know this is a very brief overview, but it should hopefully give you an idea of some of the general trends to base your buying/selling habits around.

    Also understand that the sheer number of people on during the weekend makes it the perfect opportunity to get active in trade chat to try and move some slower pieces, such as epic gear.

    Hope that helps. I'm sure someone else will elaborate a bit more on this for you as well.
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  3. #3
    Mugsley's Avatar
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    Weekends are prime time for flooding most markets. Make sure you set your own floor prices and don't post if prices drop (if they go very low, as you noted, start buying). Usually the best way to make sales, if they aren't high volume items (e.g. raw gems during the daily), is to post near the end of your night, hoping to grab the late night/Aussie gamers. Depending on the market, this is a great way to catch early morning sales as well.

    When it comes to enchants, a lot of people level enchanting on the weekend. There is also a LOT more intsance running, so more DE fodder. So if mats don't get flooded, the enchant volume spikes and drives prices down.

    However, if you are selling the rare quality jewelry, there is more opportunity for sales, since raiders will run alts and others will continue leveling on weekends.


    Market resets are dependent on both server and market.

  4. #4
    It also depends on whether the item has a floor or not. I.e., 28g will always be a good price for obsidium; if you leave some forgotten in an alt bank for a year it won't lose much value. While there are weekly cycles, what is a good price for cloth or leather will probably continue to decline. Be careful that your "good" price your stockpiling may in fact be the new norm. And there is always Blizzard events like their whiptail spawn changes.

    Also check whether the item is used for leveling; those are frequently less influenced by mat costs.

    Remember if you see a tradable pattern, you do not have to have the profession. One can snatch flasks on Sun and sell them Tuesday without being an alchemist.

    But my main point: be careful of stockpile. I spent maybe 30 hours over the last week prospecting ore while watching Hulu. Not Fun.

  5. #5
    The most important lesson here is looking at the long term rather than simply the day to day. Almost all markets tend to follow trends where they rise and fall in price over time and for most large markets in particular there is usually a weekly cycle where prices are cheap at certain times and expensive at others. The key is to know these trends and act accordingly.

    Looking at the ore shuffle for example your looking for the time of the week when ore is cheap and that is when you will buy most of your ore and stockpile it to tide you over the rest of the week, picking up cheap ore throughout the rest of the week as you catch it.
    For selling end products you have two possible tactics. You still need to find the price trends but you can use it to either base your floor price on the low end of that curve to ensure bulk sales and that you can sell through out the week or use that information to only sell at the peak in that trend.

  6. #6
    thanks for the tips
    I will try to analyse the evolution of the market during several weeks

  7. #7
    Quote Originally Posted by Mugsley View Post
    Usually the best way to make sales, if they aren't high volume items (e.g. raw gems during the daily), is to post near the end of your night, hoping to grab the late night/Aussie gamers. Depending on the market, this is a great way to catch early morning sales as well.

    However, if you are selling the rare quality jewelry, there is more opportunity for sales, since raiders will run alts and others will continue leveling on weekends.
    Extremely true. I live in Japan, and I get home from work around midnight server, leave for work at 3pm server. Those are my batch posting times (posting for 12h) and my midnight sales have always outperformed my afternoon sales. Far fewer people online to undercut me, I suppose =) Though it is worth noting that if you do tend to find yourself heavily undercut then, it might not necessarily be a night owl, but a one of my type logging on, batch posting at undercut price, logging off. I sometimes wait until 1-2am server to post the 2nd time for this reason.

  8. #8
    On the Oceanic servers tuesday night is a goldmine even if its not shutdown. Definetly the night to prospect/shuffle/mil and babysit auctions.

 

 

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