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  1. #1

    Of herbs and inks

    Hey there,

    Question to those who are into the inscription business... are you also facing a lack of several vanilla inks (herbs) + BC ink/herbs?

    I need huge amounts of Celestial Ink, Shimmering Ink, Jadefire Ink, and Ethereal ink, but herbs are like 3,5g+ / item :S
    Also Cata-herbs seem to get more and more expensive :S
    I was fortunately quite luck to grad some herbs to produce Ink of the sea and midnight ink this morning...


    Guess the glyph prices will rise quite soon (whenever some stupid people stop posting at 5g or less o.O)...

    The thing is that I could go and farm... but it sucks

    How are you dealing with this problem? Or is it just server related?
    Last edited by TraX; May 4th, 2011 at 05:25 PM.
    15.12.2011: Goldcap
    02.04.2012 2 million gold (liquid)

  2. #2
    yep, anything above jadefire I just trade in cata inks for

  3. #3
    Still using my huge stockpile of inks i traded at the end of wrath but a gradual growth in lower level herb prices was eventually to be expected as people stop rolling goblns/worgens en mass.

  4. #4
    The problem is that cata herbs are currently all ~4g+ / item o.o

    Depending on the cata herb, I'd pay from 230-400g for one stack of o.O
    And I could use like 4 stacks /day when business is going well :S

    Alright... 1,6k isn't that much... but still... I think it's getting worse and worse :S

    Edit: Ok, so I guess I'll just start stockpiling each and every ink I can get for a decent price... just in case...
    15.12.2011: Goldcap
    02.04.2012 2 million gold (liquid)

  5. #5
    Quote Originally Posted by TraX View Post
    The problem is that cata herbs are currently all ~4g+ / item o.o

    Depending on the cata herb, I'd pay from 230-400g for one stack of o.O
    And I could use like 4 stacks /day when business is going well :S

    Alright... 1,6k isn't that much... but still... I think it's getting worse and worse :S

    Edit: Ok, so I guess I'll just start stockpiling each and every ink I can get for a decent price... just in case...
    Might be server dependant, but I get cinderbloom or stormvine for about 40g / stack maximum (usually a lot less) When I find it for real cheap I buy in bulk. The math on my spreadsheet claims I need 4 stacks of lower herbs (cinderbloom x4 = 160g) for one stack of blackfallow ink. My math puts the cost of a converted glyph at 24g + time spent making inks. If you are making money with your inferno ink you are even better off.

    Of course there is a big difference between 4g you are seeing and the 2g I am seeing. Just make sure you don't waste time with the highend herbs such as twilight jas. or whiptail, unless you are making good use of, or managing to move, the inferno ink enough to compensate for the higher prices these herbs garner.
    I think both high and low end herbs produce the same rate of blackfallow ink, the only difference being the amount of inferno ink.

  6. #6
    Sinshroud's Avatar
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    I have WAY too many Shimmering Inks.

    I have every herb (except the first low tier ivory ink) and Cataclysm herbs added to my dealfinder list for 1g max price per herb. I then buy everything I can because it means that I then craft glyphs at a maximum price of 12g per glyph - which is an EXCELLENT profit and it also means that I can deal in a lot of the lower price glyphs like the ones that only sell for 18g etc.

    If I do this every day, I always have a good supply of about 2-4 different types of inks, then every few days I just manually buy herbs for the inks that I don't have a good supply of. It works very well.

    My real problem ink is definitely Ethereal Ink. Those herbs/pigments/inks and glyphs associated with it are way over priced for some reason.
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  7. #7
    Mugsley's Avatar
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    The short answer is to buy the cheap glyphs and relist them. If you know what your mats prices are going to be, you either buy your mats and post above those prices or buy lower priced glyphs and relist for profit. Unless there is mass arbitrage happening, eventually glyph prices will start following ink/herb prices. However, as others here have said, many people still have backstock from earlier so it could get difficult to stay profitable.

    Depending on your server, another option would be to buy or and trade them to other players for 9 . So you're effectively undercutting the ink traders. You'll have to spam the trade channel, and you'll have to do the math on whether this is worthwhile (i.e. is one inferno ink or 2 embers less expensive than 9 blackfallows?).

    Otherwise, you either have to start farming, find a farmer who's willing to give you a cut rate, or sit it out and wait for herb prices to drop. The good thing about commodities markets like herbs is when people see prices that high, they go out and farm; which starts to drive prices back down. So your ultimate best move may be to just wait it out.
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  8. #8
    Quote Originally Posted by Mugsley View Post
    So your ultimate best move may be to just wait it out.
    I like that strategy ^^

    I started stocking some inks (going for the buy if <= 1g/item), so I'll hopefully stay competitive and make my profit...

    For two days now I start getting more and more "Did not post glyph XYZ because your fallback is lower than your threshold" messages :S Used to work without any problems so far...

    Just to clear things up: threshold is 200% mats-costs and fallback is set to 350% of marked value :S Just to show what's going on

    Example: --> mats costs = 56g, and auction DB market value = 19g :S

    I guess those people selling at 15g (lowest atm) are those that had lots of inks stockpiled... but still... can't they just keep the price high?!?
    15.12.2011: Goldcap
    02.04.2012 2 million gold (liquid)

  9. #9
    Kathroman's Avatar
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    Quote Originally Posted by TraX View Post
    Hey there,

    Question to those who are into the inscription business... are you also facing a lack of several vanilla inks (herbs) + BC ink/herbs?

    I need huge amounts of Celestial Ink, Shimmering Ink, Jadefire Ink, and Ethereal ink, but herbs are like 3,5g+ / item :S
    Also Cata-herbs seem to get more and more expensive :S
    I was fortunately quite luck to grad some herbs to produce Ink of the sea and midnight ink this morning...


    Guess the glyph prices will rise quite soon (whenever some stupid people stop posting at 5g or less o.O)...

    The thing is that I could go and farm... but it sucks

    How are you dealing with this problem? Or is it just server related?
    Two quick things.

    1) Don't ever expect that people will stop being stupid. The evidence isn't on your side

    2) Instead of waiting for the glyph market to come to you, why don't you try and go and get it. There were some good suggestions made already. My personal approach, which albeit is now backed by a decent "nest egg", is to set a price I'm comfortable with and let everyone else adjust their own strategies around me. My threshold is ~45g. My fallback is ~300g. My crafting costs range from 10-35g, but probably average around 20g. Guess what has happened on my server? The other big competitors are using similar fallbacks as me, and the people that try and make their living in the "muck" below 45g end up getting frustrated and leave. Or they join us.

    If you think about it - if everyone else is screwing around down there for next to no gold, what will they think when they see you way up there? They might think you're crazy, but they might also think that you're making a whole lot more gold than them and consider making a change themselves. I mean, if you can make them think that you are making 3x as much as they are by doing the same thing, that is likely going to cause some sort of a reaction, right? It's "keeping up with the Jones' ", WoW style.

    If you can afford to wait, that's what I would suggest. The other thing I do is look for opportunities to make strategic resets of individual glyphs. Usually works best later at night, when I can have the market to myself and the others aren't as likely to be restocking, but if I can buy 2 or 3 glyphs for 10g in order to sell 1 of mine for 300g, why not?

    Hope that helps
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  10. #10
    thx @Kathroman and all the others

    Your replied indeed helped me I'll try to adopt some of your thought, and will also try to reset some of the glyphs

    Actually I already see an increase in prices... got quite some 300g+ glyphs listed atm... more than usual
    15.12.2011: Goldcap
    02.04.2012 2 million gold (liquid)

 

 

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