Register
Welcome to the Stormspire.net WoW Gold Forums!

Greetings, guest! Welcome to Stormspire.net, your #1 resource for WoW and Diablo 3 Gold, Professions, and everything in between!


Enjoy what the site offers? Consider Premium Membership if you wish to get the most out of the site. Premium Membership benefits include the acclaimed Goblineer's World of Warcraft Gold Guide, private forum access, a complimentary high-quality avatar, and much more!


If this is your first visit, make sure to check out the Stormspire.net Survival Guide for a quick site orientation. You may also register to unlock all standard forum features, and to get rid of these lovely ads!


We proudly host the Official forums for TradeSkillMaster, The Undermine Journal, and WoWuction.

Results 1 to 10 of 10

Thread: Price Walling

  1. #1
    US-Thrall(H)
    Entrepreneur
    Harrower's Avatar
    Posts
    28
    Reputation
    1
    Tagged in
    6 Posts
    Add to this user's reputation

    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.

  2. #2
    hag
    Entrepreneur
    hag's Avatar
    Posts
    291
    Reputation
    17
    Tagged in
    89 Posts
    Add to this user's reputation
    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.

  3. #3
    Ethereal Contributor
    Spanky's Avatar
    Posts
    335
    Reputation
    20
    Tagged in
    109 Posts
    Add to this user's reputation
    perhaps he's a botter who tries a little harder than most to mask his ore dumps? haha, ore laundering...


    EDIT: I agree with the above response.
    Last edited by Spanky; November 16th, 2012 at 10:39 PM.

  4. #4
    US-Stormrage(A)
    Wind Trader
    Argalin's Avatar
    Posts
    533
    Reputation
    105
    Tagged in
    266 Posts
    Add to this user's reputation
    There is a large portion of the playerbase that does not like dealing with the AH with any frequency. They like to set it, forget it, and collect their money. Many of these people post things like Buckles en masse for 48 hours at a cheap price in the hopes that they will all sell and they don't have to deal with undercutting and reposting. I've seen it a lot, but especially with things like buckles.
    "A buyer has been found..." - The most beautiful words in the World...of Warcraft.

    Check out my Goblineering Guides:

    Overcutting
    | The Art of the Offer | Flipping MoP 80-85 Blues | Smelting Success

  5. #5
    US-Sargeras(A)
    Wind Trader
    Diablous's Avatar
    Posts
    544
    Reputation
    23
    Tagged in
    166 Posts
    Add to this user's reputation
    I see some people do things like then when they're logging out for the night, hoping for a couple of sales.

  6. #6
    US-Thrall(H)
    Entrepreneur
    Harrower's Avatar
    Posts
    28
    Reputation
    1
    Tagged in
    6 Posts
    Add to this user's reputation
    I appreciate the responses, all of which do have valid points. I'm still not convinced it was innocent. :P

    It's been about 24 hours, he sold a grand total of 4 of the buckles he posted a day ago. He's now the highest priced in the market, and the undercuts are sitting around 470g. I guess I can understand if he was just trying to dump stock, but it just seems odd to me that his only auction was buckles, and he made total less than 1000 in sales...Between mat cost and auction house cut even less...Seems to me he's got an angle on this, and I'm not sure what it is.

    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.

    I suppose I'm still a little wet behind the ears as a goblin, just trying to better understand strategies I haven't seen before.

    Thanks for the input!
    Last edited by Harrower; November 17th, 2012 at 01:36 PM.

  7. #7
    Entrepreneur
    Reviamjolly's Avatar
    Posts
    383
    Reputation
    15
    Tagged in
    105 Posts
    Add to this user's reputation
    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.

  8. #8
    us - emerald dream (A&H)
    Ethereal Contributor
    siren's Avatar
    Posts
    108
    Reputation
    15
    Tagged in
    46 Posts
    Add to this user's reputation
    Quote Originally Posted by Harrower View Post

    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.

  9. #9
    US-Stormrage(A)
    Wind Trader
    Argalin's Avatar
    Posts
    533
    Reputation
    105
    Tagged in
    266 Posts
    Add to this user's reputation
    Quote Originally Posted by siren View Post
    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.
    When it comes to enchants in general, this tends to be very true.
    "A buyer has been found..." - The most beautiful words in the World...of Warcraft.

    Check out my Goblineering Guides:

    Overcutting
    | The Art of the Offer | Flipping MoP 80-85 Blues | Smelting Success

  10. #10
    Entrepreneur
    Hoodis's Avatar
    Posts
    15
    Reputation
    1
    Tagged in
    7 Posts
    Add to this user's reputation
    Quote Originally Posted by Reviamjolly View Post
    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.

 

 

Similar Threads

  1. TUJ price tag
    By calianna in forum Official Forum of The Undermine Journal
    Replies: 25
    Last Post: July 16th, 2012, 01:23 PM
  2. [Engineering] Lifelike Mechanical toad- sell few at high price or mass produce sell low price
    By Bloomchicken in forum Auction House Discussion
    Replies: 4
    Last Post: May 3rd, 2012, 01:58 AM
  3. Fallback Price Less Than Min Posting Price
    By FlopsyPrince in forum Official TradeSkillMaster Forum
    Replies: 4
    Last Post: April 19th, 2012, 06:11 PM
  4. Replies: 28
    Last Post: June 8th, 2011, 01:25 PM

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •