Register
Page 1 of 2 12 Last
Results 1 to 10 of 18
  1. #1

    _Crafting - Inscription - Handling low market value with high min value

    Hello! I just started using TSM about a week ago and it's great. Thanks!

    How do you handle glyphs that have a low market value with a high min value? For example:
    Glyph of Consecration - MV: 7g 48s - Current Min Value: 70g

    Now this would be great if it ever sold at the current min value, but the problem is that 99.9% of the time it doesn't sell and I'm stuck with the inventory.

    My current settings are (Once I get a reliable database I will start using AuctionDB instead of Auctioneer.):
    Crafting Options
    Get Mat Prices From: AuctionDB - Market Value
    Get Craft Prices From: Auctioneer - Minimum Buyout

    Craft Management Window
    Include Items on AH When Restocking - checked
    Minimum Profit Method: Percent and Gold Amount - 50% and 50g

    Filter out items with low seen count: Auctioneer - 100

  2. #2
    Reverb's Avatar
    Posts
    919
    Reputation
    102
    Tagged in
    304 Posts
    Add to this user's reputation
    I just post the glyphs at my fallback price if it is below my thresh hold. If you cancel and repost and TSM identifies that the glyph at the fallback price is now being sold at above your thresh hold it will cancel that auction, then when you go to post again it will post at that new price point.

  3. #3
    Thanks for the reply. Do you really find it worth it to keep these types of glyphs in the AH? Personally, I'd rather just not deal with them. I have my option set to "Don't Post Items" if it falls below the threshold because I think it's silly to post something at like 190g when there are 20 glyphs listed at 9g or so. Is my thinking on this wrong? I may have to just go through each one individually and disable crafting for these types of glyphs. I'm just afraid I'll miss some patch notes where the glyph becomes valuable at some point and miss out on the income opportunity.

  4. #4
    ExtremeEagle's Avatar
    Posts
    198
    Reputation
    9
    Tagged in
    37 Posts
    Add to this user's reputation
    I post the ones like that because I figure you never know when something might happen, like a few other's auctions may expire putting yours closer to lowest. Plus, if they're not selling then you're not crafting more so it's not a big deal. All it does is add another second or two to your collecting mail and reposting.

  5. #5
    Reverb's Avatar
    Posts
    919
    Reputation
    102
    Tagged in
    304 Posts
    Add to this user's reputation
    Quote Originally Posted by Turtle View Post
    Thanks for the reply. Do you really find it worth it to keep these types of glyphs in the AH? Personally, I'd rather just not deal with them. I have my option set to "Don't Post Items" if it falls below the threshold because I think it's silly to post something at like 190g when there are 20 glyphs listed at 9g or so. Is my thinking on this wrong? I may have to just go through each one individually and disable crafting for these types of glyphs. I'm just afraid I'll miss some patch notes where the glyph becomes valuable at some point and miss out on the income opportunity.
    The deposit on glyphs is basically nothing, so even if you just sell 1 of your normally priced glyphs that you otherwise wouldn't have in hundreds of posting of glyphs at fall back prices you'll cover that easily. Plus, it gets the item out of your inventory and lets you cancel and repost faster (less running back and forth to the mailbox).

  6. #6
    I look at it this way. At 1G to post 100 glyphs for 48 hours, if even one of those glyphs sells at a 30G profit a MONTH, I'm ahead. Then again, I don't post at prices like 190G. In fact, the whole reason I got into the glyph market was so that I'd stop hearing friends and guildies complain about paying 100+g for a glyph. I figured that any glyph in the game could be made for less than 30G, so if I post glyphs only between 60 and 75G, then I'm really only capping the silliness, there's still plenty of room for profit for people that are being competitive. So, I'd have to say that right now, I've got about 300 auctions listed, and at least 250 of those are posted at my minimum and undercut. I still net 2K a day. Small potatoes, really, but not bad for a 20 minute time investment.

    PS: I post at 60G even if undercut, because at less than 2G a day to keep them all posted, it's infinitely better than having to find somewhere to put 250 glyphs that otherwise wouldn't get posted because I lowered the typical price from 100+G down to 59G99S99C.
    Last edited by Eric S; March 23rd, 2011 at 07:46 PM.

  7. #7
    I see your point. I guess my issue is with me not wanting to have gold tied up in inventory that doesn't sell much. Maybe I will just have to dive in and just make those glyphs and set it to post at fall back prices just so they don't keep popping up in when I craft. I just hate having to deal with those items.

  8. #8
    Reverb's Avatar
    Posts
    919
    Reputation
    102
    Tagged in
    304 Posts
    Add to this user's reputation
    My server's glyph market may be somewhat insane compared to other servers, but most of the scribes fall back price is set at 250g, and I routinely sell glyphs for 200+g, sometimes over 300g even (not my price, but TSM follows that since I have it set to post at up to 500% of fallback as a maxim).

  9. #9
    Wow... must be nice. I'm on a high pop server and the competition is fierce. All the popular glyphs sell at almost at cost.

  10. #10
    Quote Originally Posted by Eric S View Post
    In fact, the whole reason I got into the glyph market was so that I'd stop hearing friends and guildies complain about paying 100+g for a glyph. I figured that any glyph in the game could be made for less than 30G, so if I post glyphs only between 60 and 75G, then I'm really only capping the silliness
    If we were working under the old glyph system then I would agree with your logic, but if you consider that glyphs are now permanent enchants for your toon then I reckon there is no problem charging 250g for them. They are permanent, which deserves a higher price.

    @OP These items are definitely worth crafting and posting, even if just to slowly make people's Auctioneers/Auctionators believe that it's not such a high price by being counted a lot.

 

 

Similar Threads

  1. New server-high populated or not, whats your pick ?
    By vom in forum Archive (General)
    Replies: 10
    Last Post: June 11th, 2011, 11:21 AM
  2. Replies: 12
    Last Post: June 8th, 2011, 09:18 PM
  3. Starting moneymaking on (bad?) high population server
    By Dbn in forum Archive (General)
    Replies: 13
    Last Post: May 20th, 2011, 11:01 AM