Controlling the Auction House in WoW boils down to a simple formula (one that can actually be applied to most markets outside of the game as well, but thats a bit off topic) that can be replicated across practically any in-game market you choose to enter. The steps are as follows:
1. Find the most profitable item within the niche you want to control. This is going to be totally server dependent and you will have to monitor your niche for a while to determine what is worth your time and gold. Figuring out how to judge this is a guide in and of itself.
2. Once youve identified the item, make sure you have enough money to buy it out and to keep buying out any competitors.
3. Relist your item at an inflated price in relatively small quantities to create the illusion of scarcity.
4. Collect your gold out of the mailbox.
If youve chosen your niche appropriately, thats really all there is to it. If youve started small, scale it up by broadening your niche (i.e. go from red +str gems to all red gems to all gems) or moving into another one (which is the better option if youre in a market with a lot of dud items) and keep expanding until you have to buy a new account to hold all the extra gold youre carrying.
If this is less of a daily thing for you and more of a weekly thing, I would recommend putting your items up for 48 hours starting on Saturday morning, and buying out items on Sunday evening after the weekend crowd lists their items at the substantially lower weekday prices. This pattern may vary depending on your server, however.
1. Find the most profitable item within the niche you want to control. This is going to be totally server dependent and you will have to monitor your niche for a while to determine what is worth your time and gold. Figuring out how to judge this is a guide in and of itself.
2. Once youve identified the item, make sure you have enough money to buy it out and to keep buying out any competitors.
3. Relist your item at an inflated price in relatively small quantities to create the illusion of scarcity.
4. Collect your gold out of the mailbox.
If youve chosen your niche appropriately, thats really all there is to it. If youve started small, scale it up by broadening your niche (i.e. go from red +str gems to all red gems to all gems) or moving into another one (which is the better option if youre in a market with a lot of dud items) and keep expanding until you have to buy a new account to hold all the extra gold youre carrying.
If this is less of a daily thing for you and more of a weekly thing, I would recommend putting your items up for 48 hours starting on Saturday morning, and buying out items on Sunday evening after the weekend crowd lists their items at the substantially lower weekday prices. This pattern may vary depending on your server, however.
About the Author:
Nicklaus Pender runs a World of Warcraft auction house guide blog in his free time. earn sure to check out his blog if you want to earn more gold in less time.
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