their loss is your gain!Follow

So, after my last post... I went back on WoW. Going around, doing my thing... you know, the usual! So I eventually get to a major city and decide to check up on my auctions. Only to see that some TARD is undercutting my Strange Dust by 60 silver. WTF IS THAT?! And I know this has happened to you too!

Well, a plan formulated in my head during this. I thought 'why is he the only one selling it for that cheap'. I start browsing around and see that most people sell it for about the same price I ask, personally I'm a firm believer in getting a fair price for a product be it in WoW or in real life.

So what did I do? I bought out all his items for his asking price and relisted them myself for my own asking price.

I just logged on to check my mail and every one of them sold. Talk about beating them out of their own game!

So my lesson or 'guide' here is... if you got the money to do so, always buyout some undercutting little punks merchandise and sell it under your own guise. Yeah, he may be getting what he wants, but when it sells for MORE than he got for it, you can laugh at him for missing out on all that sweet profit.




And there is a lesson to be learned here, this is for all the under cutters who may be reading. Selling your items for a stupid low price, only hurts yourself.

in many ways i agree
in the past i have brought the cheap and resold at a reasonable price , after all who but a fool sells anything at less than cost price

my real dislike on the server i am on is the crafters flood the market .i mean WTF why make 10 of something then try to sell all at once , chances are if at a reasonable price they do not sell , and there is always an undercutter , i must admit if they get tooooo!!!! cheap the enchanters win on that (hehe ) yes i have a enchanter character , recently i decided to take up jewel crafting again , i am spending more time buying out the dirt cheap jewellery sold in batches of 5+ as it is well below the price it should be sold for , and i guess other disenchanters are doing the same

but there is also on my server ( lightbringer ) some fools selling ? trying to sell low level stuff for serious gold i.e something that sells for less than 50s in the past for 2g or much more ? , now i am not sure about anyone else but there is no way i would buy something that is so overpriced ,and any new low level characters will never be able to afford decent stuff at those prices , i hope they do not sell and they keep trying as it will cost them a small fortune in auction charges

as a further note in my reply i wish enchanters would do as i do , i never buy low level armour or weapons , my reason for this is there are many low level characters looking for items and on my server hardly anything being sold when i look , which i guess is the enchanters grabbing everything that is cheap , what i do buy at times is anything cheap and crafted , that way i get the stuff i need at a reasonable price , and i got to over 200 enchanting without buying anything except thread as i do tailoring and i love killing humanoids ,

my advice for all characters is to get auctioneer and be sure to get enchantrix , use the prices as a >>> GUIDE ONLY <<< , otherwise it drives prices down.. that way the prices become stable ? and everyone gets a chance to make gold

want to make gold at level 10 , easy take up mining , copper ore sells for 1g+ a stack on most servers . or skinning , light leather sells well depending on server can be 50s to 1g+ a stack ,

or just go kill humanoids , my very first character was making at least 2g a day at level 10 from selling cloth and other drops

Same problem here, i find it annoying that some people undercut my goods by 1 silver just to bump mine down, or even worse they change the bid price 1 copper lower and it bumps mine down without changing the buyout price. But creating your niche in the market is a good idea, for example, i saw two stacks Greater Magic Essence selling 4G a stack each and i immediately bought it all and sold each Greater Magic Essence for 1G each so in total i will make a profit of 12G excluding the AH tax.

...then again, there might not be an ohmikegod on his server to undercut him. With the crazy amount of Outland gold floating around, people are much more willing to slap down big prices for convenience when levelling their alts or switching over to Enchanting once they've got a shot at the ring enchants.

When there are no other sellers, I frequently put LME up for 29.99 and sell out, or GME at 89.99 and sell out. 1G for a GME is a high price point, but as you know, there's no deposit. It might work for him. It all depends on his economy, which is surely different from yours and mine.

I've never been fond of the corner-the-market tactic of buying stuff up and relisting it at an artificially inflated price. (I relist things that I buy at super-low prices, but that's a different matter.) But that doesn't mean it can't work. If people find an in-demand product with no regular supplier like ohmikegod on your server, they might very well be able to take advantage.

Now, I dont mind the occasional undercut, but its these Idiot ******* dumbasses that instead of reselling the 1.5g priced item for like....1.4 or 1.3g, they re-sell it for 90s. WHAT THE HELL!?

Are you seriously THAT desperate to sell your stuff? You are a complete failure if you are that stupid.

The only good thing about someone trying to corner the market and selling at artificially inflated prices is that a smart person can take advantage of it.

For example, if Deceit jacks the price of Greater Magic Essence to 10G/stack, the normal price is 3G/stack (and Auctioneer confirms the hike), I've found that for a couple of days I can make a bit more profit by selling at 4G/stack instead of the usual 3G. The price returns to normal shortly after the price-jacker decides that he really can't corner the market.

all are pretty valid points, I'd say. But for instance in my post at the top, I say 60 silver. Well, I put it up their for what I paid +60 silver. I had enough money to buy out his whole lot (I believe around 12 stacks). Re listed them at MY asking price... so 60 silver x 12 = my profit! I made off with over 7 gold.

I seen it was mentioned above me how you weren't concerned about getting top dollar and you wanted to sell quickly... well there are a standardized prices (of sorts) in place for a reason. They sell at a good rate for these prices.

The thing is that I dont sell them in a stack, i sell them individually because from experience not alot of people would want to buy a whole lot of GME, they might want one or two pieces and would rather not want to muy a stack if they need one or two of them.

Personally, I haven't the inventory space to keep tabs on stupid undercutters. There are people who undercut intelligently to get their materials to sell first, and then there are those who think, "If my stuff sells this fast when I only undercut by 5s, imagine how fast it will sell if i undercut by 5g!!!"

Eventually the market corrects itself when people start to realize (especially in enchanting reagents) that blindly following the undercutters to move your merchandise can quickly deplete your gold reserves. Undercutters themselves never last long. The names I see next to the enchanting reagents on my realm are always the same, with the exception of the top 2-5 names on the list...those are the undercutters who **** themselves over and then give up because they can't figure out why they aren't making any money.

All it takes, however, is one undercutter starting with enough gold to keep their enterprise afloat for a week or two before they run dry to fill all of your alts with **** you're going to spend weeks (or months) trying to sell.

I prefer to keep it simple. I have a price in mind that is reasonable for my products based on what it cost me to produce them. I do not sell below that price. If that means I sit on that product for a month, so be it. I stop producing until it moves and turn to dailies/other products to keep the gold flowing in. That's all it takes.