Flood your market today. Post everything you have and watch people dump their items back at you. When they get to be pretty cheap buy them out. Repost in a few days when the dust settles. When I say 'flood your market' I do not mean undercut yourself to death. Instead, place double or more than the normal amount of items you would likely post at around 120-140% price. Supply and Demand is a mysterious but often predictive mechanism of free markets: Post double your normal amount, watch your prices get cut in half.
When the dust settles start buying up the competition. Remember that all those items you posted are not likely to sell so be ready to accept that deposit cost (if any).
Popular Posts
-
Here's my favorite farming spot for someone who can't use their professions (not leveled enough or for whatever reason). The mobs ar...
-
This strategy was written quite a long time ago when snowfall inks sold like hotcakes (they still can for the faire but it's better to c...
-
I'll keep the sender anonymous, but his question is in the minds of many confused players: Can't seem to get my auctioneer to find...
-
Dear Wow.Com, After having been emailed by the lead producer for Wow.com (the previous wowinsider.com) I fervently believe that they HATE th...
-
Well I received another email regarding farming in WOTLK and it looks like the player Bane scores twice in one week! (He was the one who rec... -
Wow Crusher : How The Pros Do It As you know, our ground-breaking system WOW Crusher system was released 10 days ago to much fanfare.... -
Here's why Gems will gold cap you faster than Glyphs: If you managed to get all the jewelcrafting recipes then you are going to have at...
-
This post was submitted by Jens as her application to write here at JMTC. If you would like to see Jens write more then please give her a th...
-
Milestones are helpful for everyone who tries to make gold on the auction house. What then should newer auctioneers shoot for when comparing...
-
I received this offer today and I was shocked. Of course I would never sell my account, nor would I ever recommend someone ever do it. But ...
6 comments: on "21 Tips in 21 Days to Auctioneering: Tip #16"
Darth Solo said... July 18, 2009 at 11:49 AM
That's a good one. Might try it some day.
Otome said... July 18, 2009 at 1:15 PM
So either people counter by mass-posting their stuff at you for much cheaper, leaving them open for buyout, or people may actually buy your stuff at the inflated price.
Brilliant.
Dzigner said... July 18, 2009 at 4:45 PM
I accidentally did this with books of Glyph Mastery. The price had fallen do the about 40g at one point and I bought load of them for my own glyph maker and just to have on hand. recently the supply was dtying up i suppose and prices evened out.before i could post mine someone must have been powerleveling caus all of a sudden ALL the books were gone, So I posted mine REALLY high. and began to watch them crawl out of the wood work to post prices are still falling so I am waiting for it to bottom out. and get cheal books for my Inscriptionist.
Kevin Marquette said... July 18, 2009 at 6:43 PM
Im on a buying spree this weekend so I'm going to try something like this.
I'm restocking my herbs for inscription and just buying like mad. What I am doing now that I read this is to post 150 individual herbs at inflated cost.
Twan said... July 20, 2009 at 11:16 AM
Doing this with citrine, jade, and other low level gems at the moment.
darkocean said... March 15, 2012 at 2:46 AM
This is a good tip! I did this with some rare pets i;m trying to sell put the pet up for 1k gold and then some noob put his up for 999g, i took mine out & put it back up for 650g can't wait untill it sells lol
Post a Comment