AH undercutting is getting ridiculous

They increased the largest craftable bag to 32. The WoD 30-slot bags were still big sellers for me until BFA when they finally introduced the 32-slot bags. 32 slots is the biggest size bag that can be created in SL, too.

NOTE: I think some profession-specific bags might be bigger than 32 but I don’t know for sure if that is the case.

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In BFA there was ranks and explosum. That helped to create a barrier to entry. I made a killing selling uncanny gear. You needed Marks of Honor to ranked up the recipes and explosum.

This expansion has neither of those things,

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Well I just made my first “goblin” investment. My stomach kind of hurts because I’m not much of a gambler, lol. I spent 50k on Comfortable Rider’s Barding. They cost 11g less than JUST the thread cost. My thought pattern was that lot’s of people are still selling at pre-vendor increase prices with threads they had in the bank. I also chose this item because it’s not tied to a single expansion in it’s use.

There’s also the people who just don’t pay attention to prices when they post. Prior to the AH merger on a medium pop server I made an avg of 10k a month just buying items posted for less than vendor value. I only check once or twice a day so it always blown me away how easy that money was and how much there was to be had. My best month last year was 34k profit. I think this is going to become less lucrative as I’ve already noticed a big drop in items. I think it’s because I have a lot more competition checking now. It seems to depend on luck now. There’s either nothing or 20-30 postings all at once.

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Allow me to introduce to you an economic concept called -

drum rolls

Supply and demand.

It rules over ALL economies. Real and virtual.

When demand drops and supply is abundant…the deals arise forcing retailers (you) to have to slash your prices going well below cost just to recoup SOME money.

You can check out your local Uni to learn more.

saw something interesting yesterday. i AH’ed some cloth then i noticed i sold a bunch for just 10s.
went and looked and someone had their “auto seller” posting for 10s every 10 seconds or so, then would buy up the stuff people got tricked into posting cheap. i watched closely and another one was doing the same thing, posting 1 cloth on ah for 1 silver.
then buying it up as it was posted in by unwitting “customers”

i wont say the b-word but it rhymes with hot.

the law of supply and demand and scams

Lol ok my bad, gotta buy some thread. Oh boy! Ive gotten stacks upon stacks of shrouded cloth just by playing the game lol. Its not too hard to farm mats for something.

auto seller?
why in hades would you need auto anything to do this?
I did it a lot…its baiting those dumb enough to TSM their crap onto the AH without checking the low price to see if its just one…or stacks at that price.
If theyre dumb enough to fall for it cuz they aint looking, well its no different than being ganked in the Pvp world.
learn to pay better attention

Buy them. These prices are not sustainable so they can be turned to profit in future. If they are using the old thread prices they will run out sooner or later and I can guarantee you that there will be a lot of bag sales with DF pre-patch.

Free market my dude if someone wants to sell their silk for less that is their choice. Why do you get to control the prices?

Do you complain that walmart sells a chair for 50 dollars less than the exact identical chair at furnature mart?

Materials can become more expensive than the crafted objects because people actually need them. Some are leveling up their professions or need them for a more expensive recipe.

Some crafted items are just too abundant.

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Market pressure dictates prices. There’s more supply than demand. What you’re seeing is just a correction. Demand has tanked because of low interest, partially from the end of the expansion looming just 6 weeks away and partially just the attrition caused by a lackluster product.

The prices crashing is a good thing. It means the market is still too big for anyone to manipulate it directly. That’s a good thing.

many were even before the AH changes.

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lmao…it IS funny watching them try though.
Been watching them flip up to X gold, then THOUSANDS will be dropped back on the AH before they sell many, if any, lmao
I loved flipping, but its pretty risky business now.
I’ll make gold other ways.

Welcome to Capitalism

It literally can’t work the way you’re saying…

If it was always profitable to buy the mats, craft something, then sell it…everyone would just buy the mats, craft something, then sell it.

It would be like a non-stop source of gold that never dried up…eventually something gives.

Did you talk to someone who sells that with exalted rep?

Don’t buy thread or atleast in blacksmithing those things usually cost like 9 gold but I know a vendor in malxdrassas home who sells for like 7 gold try that instead

People don’t realize they can just post the mats at that point and make more gold. It’s as simple as that.

Selling at a loss occurs when compounded opportunity cost is at market price.

For example:

Selling now prevents further losses.

Selling at a loss now creates more non-gold value than selling at a greater gold profit later.

Selling at a loss now creates capital that one can invest now to cover losses and make a bigger profit than if said item were sold later at market price.

Also, if those undercutting are making a wrong move. A free market allows you to bet in the opposite direction. It becomes an opportunity for you to create value sitting in front of the AH buying and reselling. So everybody wins all around.

I’m on A52. Is this your first time dealing with competition?

My experience is…if its making you money, some other clowns WiLL figure it out and saturate the market till no one is making money.
You have to move on to the next thing and make as much as you can on that before they catch on again