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
-
There’s a lot of information to sort through when bidding, buying, or posting items on the auction house. In fact it’s too much for any one ...
-
Today is going to be really fun if everyone participates. Go ahead and place in the comments section your absolute favorite way to make gold...
-
Update: Silly me didn't read the fine print and Blizzard slid a low ball in, You can't stockpile valor for 4.2 as it will be conver...
-
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.... -
In patch 3.3, Braeg Stoutbeard is going to sell Arctic Furs for 60 Borean Leather (10 Heavy). What does this mean for the speculators? It...
-
Here's my favorite farming spot for someone who can't use their professions (not leveled enough or for whatever reason). The mobs ar...
-
Ok so I don't always buy my alts the best gear in the world... I decided to finally sit down and write about the top ten items I see ri... -
Milestones are helpful for everyone who tries to make gold on the auction house. What then should newer auctioneers shoot for when comparing...
-
Leveling cooking on alternate toons can be tedious. It is exciting with your favorite toon because you get to check out new recipes an... -
In patch 3.0 I decided that I would quit pvp in world of warcraft. The skill didn't matter, the experiences I'd had up to that point...
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