I wanted to ask you about something I've got mixed up in with the greedy goblin.
A guild mate of mine directed me to his main page branding me as "moron of the week" informing me that I was a moron for attempting to explain to this "Jason" on my server why he shouldn't undercut glyphs by 40% (the conversation with Flamybank, who is me).
This person would go down to 11g on ~20g glyphs that I had listed throughout the day. When I went to go check on them, I didn't expect for the price to be as low as it was. Spirestone has four players on it who habitually undercut on glyphs regardless of their price. Several others had undercut his 11g, he undercut again to 5g, and believe it or not, three others had brought it down to 3g per glyph, this particular case being the popular Glyph of Judgement. I believe he's citing his piece about inelastic demand and supply as the source for me being a "moron," because dogmatically, higher prices = higher profits = more sellers (according to his blog). This is definitely not the case on my server, as these four individuals don't seem to mind undercutting to 2 or 3g on important raiding or PvP glyphs.
My only strategy for attempting to sell glyphs in such a market defined by "geniuses" who think everyone else are "morons" is to attempt to sell them as high as possible and hope that players needing the glyphs will go to the auction house while mine are the cheapest. I do post these only at prime hours. I've had conversations with many people on the matter, particularly what they believe a fair price is for a glyph and the herb supply on my server. In my surveying, I have found no reason to believe that individuals are turned away by a 20g price tag for a glyph, nor have I found any reason to believe there is a shortage of ink supply for these four players.
I apologize for the lengthy e-mail, but I was hoping you'd be able to shed some insight on my situation. Frankly I'm quite offended to be publically listed as a moron when very few people are aware of the greater picture (my server's dynamics) and read his blog with a dogmatic knowledge of "right" and "wrong."
Thank you for your time :)
It's suggestion box friday, so how would you handle this?
I'll give my response, then you guys as a community take a crack at it.
First off, they are mocking you because they are undercutting you and still making money and they really don't care how far they undercut as long as they make a sale. To them they are winners whether you whine or do not, so therefore they don't care what you have to say. If you want to win, then you need to compete with them. Start selling the two ink types themselves, armor vellums, weapon vellums, offhand weapons, cards, and glyphs that are discoverable. This is what I do and I make an easy 500-1400 gold every day.
What you posted to the person screenshotting your conversation was actually a viable way to deal with the situaion. You could also offer to buy his glyphs up every day and relist them. In the end though these players only really hurt themselves. They compete with each other down to the wire and scrape up a small fraction of the profit they could make sharing the market and diversifying. Be smarter than them and expand into the other ways to make money with inscription. Also look into all the other ways you can make money on the auction house; never ever stick to one market/profession.
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