It’s a common mistake for people, especially new ones to assume that World of Warcraft economy works like that of the real world. It doesn’t, (thank god!) Imagine losing your epic mount to one of the guards on there, or your gold to the bankers! With this assumption, comes one of the most common mistakes that people make when it comes to merchanting. They sell their items lower than the normal price, and selling a lot of the same item, at once.Making a good and fast profit on World of Warcraft is actually very easy, the answer isn’t about selling your items at a lower price than usual. It’s all about:
* The item you are selling
* The timezone your server is in
* How good your server is
The amount you’re selling your item is not at all very important when it comes to how fast people bid on it. It is important though, on how fair your price is. Pricing low makes you lose money. Price it high, and people won’t bid on it. Balance is the key.It’s very annoying for merchanters when they go to the Auction House and see someone who doesn’t know what they’re doing, selling an item for such a low price it’s actually an insult to the item itself.
What I used to do when this happened was to sell my items for a bit lower than my usual price, but I realized I’m ripping myself off too. So what I do now is to buy out their items at the low price they are selling for and then put it up in my normal price range, and guess what? They sell! So you see, the price of the item doesn’t really change anything, it will still sell, as long as people find your prices reasonable. That being said, why bother selling for low when they would still buy at the normal to high price?
Save yourself the trouble and don’t sell your items low. “Go for the gold” and earn maximum profits from your items!
all credit goes to: Patricia Adams
I hope you guys take this advice because I am tired of seeing items brought down way to low and making me loose money.