As I wrote yesterday I was low on pure gold and also that I had loads and loads of small stacks and leftovers. These actually come from previous endeavors and leveling alts that I've sent stuff from. Without any real strategy of what to do with it I've just stored it in the vault. It's a mess and it needs to be cleared out.
I started out by trying to find a way to dump all of this using QA by creating a "!Junk!" item group. The reason for QA in this case is that it's so easy and fast to relist with. Didn't really find a way to maximize stack sizes in the setup as I added all the junk items that obviously can stack in any number of different ways. As an example, how do you combine Dark Iron Scraps (250) with Enchanted Leather (20) in one single QA item group? I didn't find a way so I had to rethink...
As I use Auctioneer I thought of using batch posting instead, it's slower but gets the job done. I didn't really get the undercut thing to work as I wanted. I've set markdown to -20% but it didn't undercut by my specified 1c regardless of what I did. I'm sure it's doable but so far I've not found a way.
Another problem I'm having is Azure Moonstone that's currently listed at Min/ea 3g04s17c and Buy/ea 3g33s33c. When I mouse over I get that the market price isn't available. But... it's right there, is it not? As a result of this, Auctioneer proposes 26s32c/bid/bo. I couldn't add this to the batch list in the end as I've not yet figured out how to set it up...
Since I'm now using QA and Auctioneer to post items I can no longer trust the 'check for undercut' functionality of Auctionator. The reason being that QA will always undercut or not post at all while Auctioneer will post at the lowest allowed from settings. I've used Auctionator to make choices whether to cancel the auctions or not, depending on how many items the undercutter undercut me with. Be it 1 item and I've listed 5 I may not cancel as that 1 item will sell fairly soon and then I've the lowest price again.
The spring cleaning has taken several hours but now I start to see some patterns to what I stock. I've also realized where the profit is not; Netherweave Bags. There are just not enough margin. I buy as stack (=1 bag) off the auction house for 9-10g. Add the rune thread to that production cost. I can put these up for around 11g due to competitors. A lot of time spent, relatively, with a 50s-1g50s profit. Well, it does not really make me happy. I will but my bag business on hold for now and see how the market plays out.
The thorium prices shot through the roof last night and the same guy who sold ores at 95s each now list them at 1g75s each. I wonder if that guy read our posts too? Anyway, I built a stock of gems that are selling fairly well with normal competition. I've configured snatch for the ores, maybe I get lucky?
A lot of ranting in this post as well but as always I'd like to give you an insight into the auctioneers life.. :-)
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You could continue purchasing netheerwave to drain your competitors supply. Slowly bag prices will climb sometimes up to 14-16g each which if your buying cloth at 10g a stack thats 4-6g profit
ReplyDeleteThe problem is that the supply of Netherweave Cloth is about 2-3 times higher than the demand for bags. I tried nuking belts but I'm not sure it's really profitable. The reason for not just storing the bolts is that I run out of storage very fast.
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