Catriona R
10/11/2011 9:48:00 PM
On 11 Oct 2011 20:43:21 GMT, Neil Cerutti <neilc@norwich.edu> wrote:
>On 2011-10-11, Catriona R <catrionarNOSPAM@totalise.co.uk> wrote:
>> Oh, and don't undercut by huge amounts, it's pointless since
>> the next scribe along will undercut you anyway, unless you're
>> listing below material costs. Undercutting is what happens in
>> the glyph market, and undercutting by small amounts keeps
>> prices higher for all sellers. Most folk looking for a glyph
>> are rich, or have a rich main, and pay the price whatever it is
>> - sure, a few lowbies new to a server may not bother, but in
>> the main you only hurt yourself by undercutting too harshly. I
>> have my fallback price set at 150g, I thought it was ridiculous
>> at first, but they sell... they sell for more than that in
>> fact, since some other scribes have theirs set at 250g and when
>> I undercut them by 5s, it sells!
>
>Undercutting heavily is a long-term strategy to sieze more of the
>market for yourself. If you undercut by only a small amount the
>price stays higher longer, but you aren't making the sale as
>often.
But with glyphs you are making the sale as often, in my experience.
Makes zero difference what you undercut by, only difference is in your
profits, enjoy high profits or low profits, but you sell just the same
amount. The number of people who'd buy a glyph if it was 20g lower are
very very low, most either need it, or don't need it and the price
isn't much of a factor. So unless you're trying to drive the
competition away, crazy undercutting tactics only reduce your profits
(and those of your competitors so yeah, it can work if you want to
monopolise the maret - that's not a situation I was referring to
though)
>Also, if you have a bunch of leveling glyphs to sell than
>undercutting is a good way to speed up the unloading.
True that, but even then, the demand is finite, so you may as well
just make more gold out of it!
>> I'm often surprised how many still sell, given they are indeed
>> a one-time item, but I guess there's a lot of alts and new
>> characters still being rolled, since the market isn't really
>> reducing for me.
>
>I would say most players are actually buying more glyphs now, not
>less. Since they are permanent, they are now a collectors item,
>and it becomes joyful to buy one of each.
Yeah, very true, I just get the lot on my alts now, even the ones I
wouldn't ever actually use, since it's nice to feel complete. If a lot
of people think that way, it explains the market still being pretty
good.
--
EU-Draenor:
Sagart (85 Undead Priest)
Tairbh (85 Tauren Druid)
Buinne (85 Troll Shaman)
Eilnich (85 Blood Elf Warlock)
Balgair (80 Human Rogue)
Ruire (80 Blood Elf Paladin)