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
-
This post was submitted by Alisha as her application to write here at JMTC. If you enjoyed Alisha's post then please give her a thumbs u...
-
Hey Markco, Just wanted to tell you another gold tip. With patch 3.1 the JC pattern Citrine Ring Of Rapid Healing no longer requires 2 elem...
-
Mommar here. For anyone that leveled a jewelcrafter during Mists of Pandaria they are very familiar with obtaining patterns for blue le... -
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 ...
-
Mommar here. In less than 24 hours there will be either many many MANY screams of "you promised" or another server reset a... -
Mommar here. Patch 5.3 is on the PTRs and with the background data coming to a computer near you, it will be soon that many will be l... -
Mommar here. It's the weekend. And here at Just my two copper headquarters: camp midwest it's the first weekend that has h... -
Mommar here. I had decided to take a couple of days off from World of Warcraft to work on some life projects. Nothing spectacular, ... -
Mommar here. Here as well as other journals give high expectations on the huge amounts of gold that can be made in World of Warcraft. ... -
Your friendly neighborhood Mommar here. So if you started your game this weekend, like millions of players did. You got to see the do...
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.
KevMar 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