Thread: Price Walling

So there is this guy on Thrall US Horde who I believe is just walling [Living Steel Belt Buckle] at 500g for no reason. Yesterday until this guy posted they were going for almost 600g. He then posts 25 of them at 500g and leaves them sit...He's not even attempting to undercut... Do you think it's a robin hood type of scenario? Cheaper products for the people? Or maybe he's just being impatient and knows someone will buy them all eventually? Either way, I'm not sure I want to risk resetting such a high volume market.

I'm currently making two buckles a day from raw mats (ghost iron ore to living steel) via two transmute alchemists. The rest of the buckles I buy the living steel off of the AH. At these prices, the living steel I buy off of the AH I'm only making a 50-90g profit vs the over 150g profit I was making per 1 yesterday. I'm not going to leave the market while its still somewhat profitable, I'm just curious as to what he's getting at here when, with the supply he has laying around, he could be making a lot more of a profit. As I'm sure you all know, buckles sell very well...I probably sold 10-15 of them at the close to 600g range yesterday before he decided to wall the market.

;tldr What's the point of purposely shooting your profits in the foot? Also, looking at his heat map he only posts at 9pm and 12am on thursdays and saturdays? Seems kinda odd. He doesn't even come back to re-undercut people.

The not undercutting is quite understandable to me - if you have limited time and/or limited interest in AH camping, then infrequent posting is better for you than being a "check my glphs every 15 minute" type of player. It is less profitable but has a better benefit/cost.

I see GIO as deflating quite rapidly. The herbs had a support but ore has been falling pretty steadily. I would not want to be selling today ore or ore byproducts from ore I bought a week ago. Currently, ore is hasn't gotten below 25g per stack much. For a TM, that means a LS has a mats cost of about 125g - say with a premium for c/d the equilibrium price for LS is headed for 200g. ( GIO may not be that low on your server yet. but it may be on servers your competitor plays on. Regardless, cheaper ore is a reasonable expectation. )

So what it is the right price to price something that is selling for 600g yesterday and you think is going to sell for under 300 in a couple of weeks? If you are babysitting them, you can do 599. But if you are posting lethargically, you would want to discount significantly more.

Also ore seems to be going for 2.5g/ore on TuJ on Thrall/H - so that means 500g means the alchemist is making 250g for their c/d which seems high for this late in the cycle. Enough BS have the pattern I can't see anyone expecting to get much of a premium on the LS->buckle transaction. Say (s)he has 6 alchemists churning out 42 LS a week and (s)he knows each one will probably be worth less each day. Posting near the market price a couple of times a week would not work. even if they only have one alchemist.

I see some people do things like then when they're logging out for the night, hoping for a couple of sales.

In Cata I had someone who would post 40 x Belt Buckles at a time at 900g each the normal price was between 250g and 400g, I wasn't in the market and I thought of the doing it this way was him/her trying to raise the average price of buckles they also posted 2 or 3 at the normal undercut prices.

I entered the market a few times just purely to mess with this person and posted larger walls at the lower price point, mainly because I had to much ore to deal with for just JC, one of my guild mates also posted buckles at times and was complaining there was no profit in the market and when I showed him my costs he realised that I had the same costs but my working of the profit was different he wanted 5 buckles to sell at 150g profit I was happier selling 10 of mine at 100g profit and late in the expansion that was good profit on them.

However my guild mate got into a conversation with the original 900g wall poster after a brief undercutting war, and the conversation lead to being about my posting i was using an no guilded alt for these posting and I was erratic in my posting behaviour so would have been very hard to link me to the guild I was in on most of my characters, it basically went along the lines of " I do not understand why "buckleman" posts in walls at such a low price I have my wall up at 900g for 48 hours and I get sales at that price not many sales but I get maybe 3 or 4 a week at that price which pays for the posting costs and extra profit besides.

I wasn't bothered about profit on buckles by this point I was just wanting to liquidate excess ore, so I posted multiple walls at various price costs all for 48 hours, I did this for 3 weeks the 900g wall disappeared after the second week, by this point I had sold through a lot of my buckles with little effort and because of the way I did it a loss of profit, but during this time a bot banwave had occured and ore went up as did gems and enchant mats which is where I made most of my gold, when I left the belt buckles alone for a couple of weeks the 900g wall came back and the average price of belt buckles did actually rise up to the 200-250g mark which had been pushed down to the sub 100g mark.


TL, DR if there are higher priced items on it will raise the median price, and when it is 48 hour posting that will help maintain a slightly higher price for the server average.

Originally Posted by Harrower

It's going to take awhile for the market to bounce back from this...If it does at all. People are gonna now expect to pay < 500g if they bought buckles for their alts at that price.

It will take 30 seconds.

People don't care what the price is, they just buy what they need. If the only buckles posted are 1500 gold, they will sell.

Originally Posted by Reviamjolly

In Cata I had someone who would post 40 x Belt Buckles...

Good god man...stop and take a breath sometimes. I felt like i ran a marathon after reading that.