Monday, February 15, 2010

Glyphs and Undercutters

Yesterday was a Sunday, and I had a pretty busy schedule out of game. I only managed to login once in the morning, cancel my auctions and repost them all. This was at roughly 9am. Then I didn't get a chance to logon the rest of the day. I suppose I could have logged in at night, but I was physically exhausted and simply went to sleep instead.

Today I collected my mail, and only raked in about 350 gold. That's the thing about inscription. Some days I prepare a 7 stack of all my glyphs then get ready to post all day. With a good 5-6 cancel repost cycles I can pull up to 2500g a day. But if I let my competitors own the market for a day they make those thousands while I pull next to nothing.

It's OK though. I could "crash the market" and try to own it myself posting every 48 hours, but for now that's not my style. Most days I post 2-3 times, it fits in my schedule, and I earn over 1000g profit for about 1 hour work. And most of the work is AFK. I run WoW in windowed mode, so when I'm opening all mail, posting all mail, cancelling, I'm reading blogs or learning about programming. Every 2 minutes or so I tab back in, run to a mailbox, collect more, post, etc then logoff for a few more hours. I'm comfortable with these prices. Yes I have lots of competition, but we're posting at 50g+ and all enjoying nice profits.

I earned next to nothing yesterday, but I don't really mind. The nice thing is almost no glyphs sold, so I don't have to recraft, and when I do get more time they're waiting in my bags ready to sell.


I think I said in an earlier post, I bumped my threshold up on glyphs, I just have no interest in spending 50% more crafting time to get those 3-5g sales. I've given those to my competitors. If I try to dominate a market for a day, say a weekend I can pull 2500g with 2 hours of half AFK time selling 8g+ glyphs up to 60g. Thats my market now. I have no interest in milling thousands of stacks of herbs to try and crash the market, selling glyphs at 3g. My competitors aren't idiots. They'll just hold onto their stock. Whats the rush? I expect 2 of my main rivals are gold capped or at least sitting on 100k+. If they see an idiot selling every glyph in the game for 3g, they'll either buy them or wait it out. When prices reset, they'll be right back to posting.

So I leave the market as it is. It works nicely for all of us. You just have to post at least twice a day, mornings and nights, and you should average 700g a day.

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