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      CommentAuthorDeckard
    • CommentTimeJan 24th 2008 edited
     
    I'm creating a new thread for this excellent discussion. The previous thread had become very long and took some time to load and scroll.

    Originally posted by nikeplektrum Dec 5th 2007:

    Far too much technical discussions on the boards at the moment. I remember the old days when there were threads where we discussed how to control markets, and how much each of us made every day using different settings and looking for different items.

    So here is a new discussion, it's called "How we make our gold using auctioneer"

    Basically it's a thread in wich we discuss how we make gold using auctioneer and our profits. Boasting about good finds is welcome.



    I started playing WoW again a few weeks ago. Leveled a mage and got disenchanting up to 300.
    Every day I do a search on the auctionhouse, and then I enable btmscanner and search through uncommon or better weapons and armor.

    The settings I use are:
    Look for thingys when browsing
    Only buy for disenchant enabled, all others disabled
    Minimum 1g 75s profit (or 1%)
    Allow it to both put bids and to buyout.


    I make roughly 1000-1500g every week using this search one or a few times every day.
    Best day to find cheap items are sunday nights, and since I get disenchanting mats they sell quite good all the week. I gain a little more if I don't choose to undercut the market, but I like to see the money roll in fast

    Now I have crafted my spellfire and spellstrike sets and have fully encahnted spics and now It's time to save money (for epic mount)
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      CommentAuthorDeckard
    • CommentTimeJan 24th 2008
     
    I'll start off the second version of this thread with some techniques I use to make gold with Auctioneer. I mostly buy and resell, while using purchasing for DE as a supplement to my income. I won't go into the DE details, others have already noted the same settings and principles I use for those buys.

    The majority of my gold comes by buying and reselling some rep and faction items, mostly Coilfang Armaments, and the Scryer and Aldor faction items (Arcane Tomes, Sunfury Signets, Fel Armaments, Mark of Sargeras). I buy the Tomes and Armaments for anything under 10g, and resell at 14-16g depending on the market. The Arcane Tomes and Fel Armaments have no deposit so there is little risk there, and the deposit for Coilfangs is very low. I put these items up in bulk in 5 stacks, and I often find all my stacks have sold out at once to someone looking to gain rep quickly with those factions.

    For the Sunfury Signets and Mark of Sargeras, I buy any in bulk that come to less than 70s each, then resell at 87-97g per 100 stack. I find that players seem to appreciate the 100 stacks because they can easily calculate the price they're paying for each one. I don't usually make a great deal of profit on these, but it passes the time searching for deals when I have nothing else going on at the time.

    I also buy the odd rare recipe or armor item for resale, usually found with BtmScan. I make nice gold is by completing Darkmoon card sets, and specifically the Blessings Deck. On my server that deck goes for about 2000g, but I can put it together in less than a week for under 1000g currently. It just takes patience and daily searches of the AH to find the cards I need at good prices.

    Finally, like nikeplektrum, I find Sunday to be the best day for buying and selling. You'll get great activity just running BtmScan due to so many auctions going up and once. You can often find great, cheap deals on items you can sell later in the week when activity has died down and supply is lower.

    Hope this helps! I've found this thread to be quite helpful and insightful, many thanks to nikeplektrum for starting it and to everyone who has contributed. :clap:
    • CommentAuthorixm
    • CommentTimeJan 24th 2008
     
    I'm still convinced I'm doing something wrong. Or perhaps there's already a few people doing it on my realm... but I just did a search with 1g minimum profit, 40%, only came up with 2 hits.

    I just made my alt drop a profession and level up enchanting. I'm afraid that I've spent far too much money and won't see any return haha.

    Do you scan the auction house with BtmScan on and then just let BtmScan run for a while after that? How long do you usually let it run after that?
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      CommentAuthorDeckard
    • CommentTimeJan 24th 2008 edited
     
    When I use BtmScan, most of the time I only run it when not doing a regular AH scan. I find that I get so many hits when I run it while scanning that it takes the scan far too long to finish and my patience wears thin. I usually end up canceling the BtmScan in the middle of it just so it will complete without me babysitting it. I'm sure I could tweak my settings to solve that issue, I just haven't gotten around to it yet. If find it more pleasant to surf the web and let BtmScan run by itself off to the side (I use WoW in windowed mode), I've found some outstanding deals that way.

    You might check the previous thread on this topic, or other threads in the forums for further discussion of BtmScan settings, it's a common question.
    • CommentAuthorixm
    • CommentTimeJan 24th 2008
     
    Posted By: DeckardWhen I use BtmScan, most of the time I only run it when not doing a regular AH scan. I find that I get so many hits when I run it while scanning that it takes the scan far too long to finish and my patience wears thin. I usually end up canceling the BtmScan in the middle of it just so it will complete without me babysitting it. I'm sure I could tweak my settings to solve that issue, I just haven't gotten around to it yet. If find it more pleasant to surf the web and let BtmScan run by itself off to the side (I use WoW in windowed mode), I've found some outstanding deals that way.

    You might check theprevious threadon this topic, or other threads in the forums for further discussion of BtmScan settings, it's a common question.


    Dual monitors comes in handy in that situation haha. You can see what's going on with WoW (BtmScan) and have whatever else open on the other screen.
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      CommentAuthorDeckard
    • CommentTimeJan 24th 2008
     
    Posted By: ixmDual monitors comes in handy in that situation haha. You can see what's going on with WoW (BtmScan) and have whatever else open on the other screen.


    Yep, that's exactly what I do, when I let BtmScan run on it's own I put WoW on my second monitor on my left. It's sized to perfectly fit that screen. In fact, most of the time I'm at the AH I have it on the 2nd monitor. Works quite well.
    • CommentAuthorKinesia
    • CommentTimeJan 24th 2008
     
    ixm, if you aren't getting many hits at the moment I'd suggest putting your minimum profit down to 1c until you can be sure it's working well, then slowly push it back up until you are getting the number of hits you want. (You won't be losing money since you have your profit % high still.)

    For now you want to turn BTM on and then go to the browse page and scan the whole auction house. You should get plenty of hits, if not then something else is going on.
    Actually... Other things to look at that that might cause trouble... "Seen Count" you dont really want any higher than 10.

    For most evaluators I suggest this when you are starting out... Put your minimum profit at about 1c and 50%. You should definitely get hits with these figures and then you can adjust them as you get a feel for things.
    • CommentAuthorVix
    • CommentTimeJan 24th 2008
     
    Posted By: ixmI'm still convinced I'm doing something wrong. Or perhaps there's already a few people doing it on my realm... but I just did a search with 1g minimum profit, 40%, only came up with 2 hits.

    I just made my alt drop a profession and level up enchanting. I'm afraid that I've spent far too much money and won't see any return haha.

    Do you scan the auction house with BtmScan on and then just let BtmScan run for a while after that? How long do you usually let it run after that?


    Also make sure under the "General" tab in Btmscanner that you set the "Maximum Price" to something high like 50g (default is like 2g). Otherwise you won't receive any hits from btmscanner. This option tells Btmscanner the max price you are willing to pay for an item.
    • CommentAuthorixm
    • CommentTimeJan 24th 2008
     
    Ah well I found out that someone else was trying to do the same thing as me. I put an item up and it was bought within a few seconds, saw who bought it, noticed he was 10 yards away from me, and that each time BtmScan popped up with something he would get it before me. I had a lot more luck after he signed off. Thanks for all the help.
    • CommentAuthorKinesia
    • CommentTimeJan 24th 2008
     
    Heehee, that'd certainly do it too!
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      CommentAuthorMattBnr
    • CommentTimeJan 25th 2008
     
    also make sure that you have all of the filters turned off. I had a problem where i wasn't getting any hits on any evaluator then realized that ll the filters were turned on which is why i wasn't getting any hits.
    • CommentAuthordparvin
    • CommentTimeJan 25th 2008
     
    The way I usually do it is turn on BTM, then I do a sort by price and then start the Auctioneer scanner. This causes it to scan from the beginning to end by price and all of the items the BTM finds will be in the price range between from the beginning until I get to the prices that are over my maximum bid limit. When it gets to the bid limit I know that I can get up and walk away without it asking me if I want to buy anything or not. After playing with BTM for a few weeks, I have finally got mine set with a 1g profit and a 85% discount level for most of the settings. I do have the Vendor setting lower then that. I have the vendor profit set to 50s and the discount level set to about 20%.

    I do change these settings depending on the server I am on because of the amount of money I have and what price range of items I am looking for. I started a toon on a server a few days ago, got up to 10s, went to the AH and with very low settings bid on about 15 items for that money. I ended up winning enough that I was then able to bid on 30 items or so and within a week, I have over 20g of stuff on the AH. Adjusting the settings over the times I was on, I moved from lower cost items to items that have a higher bid price and opened up more and more items that I could turn over in the AH.

    I have also found that something I will get items that I purchased at a price that is over the real market price, but on average I make good money over the time that I am working the AH.
  1.  
    Have noticed the last few week that a lot more people are using auctioneer, and my profits have become smaller. Especially on things to disenchant.
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      CommentAuthorDeckard
    • CommentTimeJan 28th 2008
     
    I guess as the preview for AucAdvanced becomes more mature and people move to it from Classic, that's bound to happen a bit.

    When I let BtmScan run with WoW in a window while I surf the net or do other computer tasks, I've found some mighty good deals that way. I've gotten several 300g+ JC recipes for 30g or less and some nice weapons and armor as well. As I stated above, I do some purchase for DE as well, but it's not my bread and butter. I may start to do more if AutoMagic makes DE'ing a less time consuming task.
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      CommentAuthorMattBnr
    • CommentTimeJan 29th 2008
     
    Posted By: dparvin1g profit and a 85% discount level


    I would think with 85% min discount you wouldn't get hardly any hits at all for most evaluators, as that means the item needs to be posted 85% lower then the "market" value which in most cases is not gonna happen all that often.
    • CommentAuthorZemalf
    • CommentTimeJan 29th 2008 edited
     
    Excellent fine tuning tips from Deckard, Kinesia and others!

    I've been making gold with auctioneer for quite some time and enjoy it very much (I prolly would not be playing WoW so much if these Auctioneer addons would not exist). But I started "auctioneering" with made character, with quite a lot of gold from quests, vendor trash and occasional AH sales. So now I started an "alt" in new realm, where I had to start from scratch. With tips from this (and original thread), it's been a blast!

    I picked up mining, gathered 4 or so copper ore stacks while leveling a bit, sold the stack of copper bars to get capital. And then started buying for Disenchanting, starting with 30 silver max buyout and 1 copper / 40% minprofit. First with DE skill 1, progressed to 25, etc.

    Selling all with Appraiser, -2% undercut, -15% max undercut and +20% max over.

    In addition to DEing, I set Vendor for minprofit 1% and 5 silver - with these settings I even picked up 10 Firewing Signets (Scryer Rep) for 30silver, didn't vendor them of course, but put them back on sale with Appraiser :) I'm up to 20g net sales a day with just few hours played on character, and next up is starting to tune the settings for more serious turnover.
    • CommentAuthorNine
    • CommentTimeJan 29th 2008 edited
     
    Although I DE, vendor, and resell as well, I make the vast majority of my money JCing now. Just posting a bunch of gems twice a day (12h duration) is netting around 3k a week. I'm using a modified version of the prospecting evaluator decide what to buy (posted in another thread a while ago) that includes cut gem prices in its calculations. At the moment I'm trying to hook in sales history from auc-stat-purchased and beancounter to weight the different cuts, so that the prices of popular ones, Solid Star of Elune for instance, have more effect on the total value. The leftovers (uncommon gems and arcanite powder) go on making rings/necklaces to DE.
    • CommentAuthorixm
    • CommentTimeJan 29th 2008 edited
     
    Posted By: DeckardI guess as the preview for AucAdvanced becomes more mature and people move to it from Classic, that's bound to happen a bit.

    When I let BtmScan run with WoW in a window while I surf the net or do other computer tasks, I've found some mighty good deals that way. I've gotten several 300g+ JC recipes for 30g or less and some nice weapons and armor as well. As I stated above, I do some purchase for DE as well, but it's not my bread and butter. I may start to do more ifAutoMagicmakes DE'ing a less time consuming task.


    Yes, I got very lucky this past week. I bought 3 epic items for about 10g each and numerous blues for very cheap... got a huge resale profit from that.

    I'm having more luck fine tuning my disenchant evaluator. Quick questions though, for anyone who can answer: is the minimum discount variable basically saying the item is x% less than the current market value? If so, wouldn't you want that set fairly low since it's really just the amount of profit you get that matters?
    • CommentAuthorKinesia
    • CommentTimeJan 29th 2008
     
    The problem is that the amount of profit is a fixed value.
    So while you want to buy an item worth 2g for 1g, you _don't_ want to buy an item worth 1000g for 999g.
    If you use a discount percent of50% instead then you'll still see the 2g item as a bargain for 1g, but the 1000g item will only be a bargain if it's less than 500g which makes a lot more sense...
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      CommentAuthorMattBnr
    • CommentTimeJan 30th 2008
     
    Yes i too had a very hard time understanding exactly how the % discount came into play until i had it explained to me in about 3 different ways. for the longest time i had mine set to 1% cause i was thinking "i don't really care what it is discounted at as long as i make at leas Xg from the item" but that was wrong and i lost a lot of gold that way.
    • CommentAuthorixm
    • CommentTimeJan 30th 2008
     
    Would 25% discount with 1.5g minimum profit be considered too low?
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      CommentAuthorMattBnr
    • CommentTimeJan 30th 2008
     
    that sounds like a good starting point just be sure you don't change your numbers too often or you wont know how exactly its working. I had a problem where i would change my settings every single day, bad thing to do.
    • CommentAuthorrodgort
    • CommentTimeJan 30th 2008 edited
     
    Posted By: ixmWould 25% discount with 1.5g minimum profit be considered too low?


    I guess you have to consider how much of your time it takes to cycle an item, on average, and how you value your time. I think lots of grinding (primals, recipe drops, mining/herbalism, etc.) can net you 100-200g an hour, depending upon how good you are. So in my view, AH work had better be either more lucrative or more enjoyable or both.

    Personally, I profit roughly 500-1000g a day with a time investment of about 30-45 minutes which makes it wayyyyy more efficient than any kind of grinding. But some sales just aren't worth it. Counting the extra time walking, pricing, posting, emptying mailboxes, shuffling items between inventory and bank, and occasionally relisting items, I'd say the average sale takes me somewhere in the neighborhood of a minute. So unless it nets at least 5 gold or so, it's just not worth it. This is why I avoid most disenchanting purchases, with the exception of ridiculously underpriced high-level greens or blues that DE into large prismatic shards. Sure, you can profit, but is 50s worth the time? Nahhhhh.
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      CommentAuthorMenora
    • CommentTimeFeb 5th 2008
     
    Well i`ve read all the posts .. in this section and i cant still have the right solution to make some money and day by day i loose more and more money .. and getting all the items back from the AH and this is really frustration for me now but dont understand that much the Eu realm Economy last days my only 2 proffesion where ... Skinning/Leatherworking after reading there posts i`ve decides to give up Skinning and get Enchanting at least i got atm 238 and the prices at the AH are really really high ... and dont quite know what do to .. or how to set the AH or . Bottom Scanner try`d to sell to sell Arcane Dust .... and after 2-3 hours there was 2 pages of undercutting .. and i really need some help whit Auctioneer my current server is Mazrigos/EU. Sorry for my bad english.
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      CommentAuthorMattBnr
    • CommentTimeFeb 6th 2008
     
    Undercutting is bound to happen but that's the good thing about being e enchanter is you can repost your items again and again cause there isn't a deposit fee. I'm currently hovering right around the 3k g mark with my enchanter but i buy any new recipes i don't have and also give money to my 7 other chars. I'm lvl 300 with my enchanter and i have my DE evaluator set to 50% min discount and 1g min profit. you could set your min profit a bit lower to get more hits i have mine set that high so i don't get a huge amount of strange dust and the lower mats as there is a large amount of these on my server already so they wont sell as fast or for a large profit.
    • CommentAuthorZemalf
    • CommentTimeFeb 7th 2008
     
    I use 1g min profit with 35% min discount for disenchant. (BtmScanner, DisenchantEval).

    I started with min profit set to 1 copper to get heaps for strange dust and other low end materials. Then I gradually moved the min profit up as I my leveled my enchanting skill.

    I sell with Appraiser with -2% undercut, -15% max undercut, +20 max over, using either market or WoWEcon prices. I set bid price -10% from buyout.

    If my disenchanted materials don't sell one day, it doesn't matter, on the other day they will sell. And there is no deposit, and I never undercut the market more than -15% (-25 for bid price). So buying with 35% min profit, I always end up profiting.

    Some days I only make tens, other day I make hundreds. I have found out the best day for buying is sunday night, just because the volume of sellers is the biggest and people undercut themselves to oblivion (and that's when I buy, and sell'em back at week).
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      CommentAuthorMenora
    • CommentTimeFeb 7th 2008
     
    Well dont know who to configure BTM scanner .... i use a setting but i run it ... and nothing happends for hours :) so i think something is wrong or my settings are screwd .. other ideea is that ... i dont know ..how to make some money ... in one hours prices for primal air are 23G per piece and after 2-3 hours it`s 15G so i think it`s a total dezaster ... on my server and i barly make 20-30 a day .:cry:
    • CommentAuthorKinesia
    • CommentTimeFeb 7th 2008
     
    With BTM scanner you press play to start it, then go and run a full scan.
    Normally it looks at only new posts, you need to scan normally to tell it to look at other stuff.
    •  
      CommentAuthorDeckard
    • CommentTimeFeb 7th 2008 edited
     
    Menora, one thing to watch for is trends like you mentioned with the Primal Airs. If they do get down to 15g each or lower, then buy out the ones at that price for resale later. You'll find that the price tends to rise later at night for many items as competition goes down. Something that won't sell at 6pm server time due to competition will sell late at night after the cheap ones have sold off.

    I use that technique quite a bit for my sales.
    • CommentAuthorbunnyfufu
    • CommentTimeFeb 7th 2008 edited
     
    My super-secret: If Time is Money, friend, I gotta tell ya, Information buys a heck of a lot of time.

    I've made a crapton by being "in the know" before most players are.
    I bought a bajillion jaggal pearls when they were 10s each, void crystals when they were 1g each, so on and so forth.

    Here's what I paste in the google search box (and I usually add "enchanting" or "changes" or some such):
    "patch 2.4" site:norganna.org OR site:worldofraids.com
    OR site:wowwiki.com OR site:wowhead.com OR site:wowdb.com

    To quickly check if something is worth buying (but I've not yet seen), I have a few Firefox-friendly quicksearches (can IE do the same? I'm too lazy to check)
    wowecon.com, Dalaran-Alliance, by item idhttp://data.wowecon.com/?type=price&faction=A&server_name=Dalaran&wow_id1=%s
    wowecon.com, Dalran-Horde, by item namehttp://data.wowecon.com/?type=price&server_name=Dalaran&faction=H&item_name=%s
    allakhazam, servers-wide price, by item idhttp://wow.allakhazam.com/db/price.html?locale=enUS;source=live;witem=%s
    The Bunny has now re-entered the building.
    • CommentAuthortestleK
    • CommentTimeFeb 7th 2008
     
    Nice google search /steal string for future reference
    • CommentAuthorDarkSoul
    • CommentTimeFeb 7th 2008
     
    What is DE and what does prospect do? Also where do I configure the vendor settings? Thought I disabled all but I still get vendor popups, not always a bad thing but where to change it:S

    I started with 4g from copper selling (mining myself) then switched to buying it midweek and then selling it on weekends. Quickly gained 100g. After the 1000g barrier I now get about 60g a day when I place auctions. I only buy recipes and enchanting dust at this moment.
    Currently experimenting with disenchanting+selling the dust since that is cheap material!
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      CommentAuthordinesh
    • CommentTimeFeb 7th 2008 edited
     
    those are all listed on the evaluators section of BTM options.

    DE is disenchant.
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      CommentAuthorDeckard
    • CommentTimeFeb 7th 2008
     
    Great tips bunny! Good to see you back, too. :cheer:
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      CommentAuthorMenora
    • CommentTimeFeb 8th 2008
     
    Well those google got null results ... :shocked: .. want to show you guys the setting maybe there are wrong or ... is it me .. :|
      34882.1.jpg
      34882.2.jpg
      34882.bag.jpg
    • CommentAuthortestleK
    • CommentTimeFeb 8th 2008
     
    You need to show us more of the config screens to make it easier to figure out what you are showing us...

    Neither of those config screens you showed are allowing bids or buyouts, that would be why you aren't getting prompts from btm during a scan with btm on

    whats the pic of the bag supposed to show me? that looks like some good arcane worth some money...
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      CommentAuthorMattBnr
    • CommentTimeFeb 8th 2008 edited
     
    you have your reserve amount set way to high is why your not getting any hits i think. i don't believe you want to keep 8000g saved then stop bidding/buying out auctions unless you have way more gold then you know what to do with. if that is the case send some my way i can always use some. i have my reserve set to 100g and my max price set to 99999g just so i don't miss out on any high priced auctions. reserve is the amount of gold you want to save so auctioneer/btm will stop looking at auctions when you hit that amount.

    :edit: also on your resale evaluator you have both buyout and bid unmarked which is telling btm/auctioneer that you don't want to buyout or bid on any auctions which is another reason your not getting any hits.
    • CommentAuthortestleK
    • CommentTimeFeb 8th 2008
     
    mattbnr's right and I didn't catch it because mine is very high but without seeing how much gold you have available that might be part of the problem (reserve amount being above your current gold amount)
    •  
      CommentAuthorMenora
    • CommentTimeFeb 8th 2008
     
    Well maybe my Auctioneear configuration is wrong ... dont realy know how to set it .. and i`ve try`d every time to make a ideea what to do when i near the AH and what to search for ... :P tips are welcomed :shamed:
    • CommentAuthorAmiro
    • CommentTimeFeb 8th 2008 edited
     
    Menora - with so many arcane dusts you can almost set the price for your realm. Just post all of them in stacks of "1" for 48 hours. If I calculate correctly it's almost 4 full pages of only your auctions. Whatever price you set (just no too high above the market), most people will be too lazy to click "next" button four times, and many people will be too lazy to even click "sort" button. Singles sell a lot better than stacks, but I'm not quite sure why because most good high level enchants require 30-40 of them....

    //EDIT: I'm from Darkspear-EU, so economy should be similar to yours
    •  
      CommentAuthorMenora
    • CommentTimeFeb 8th 2008
     
    Well it seems that someone has that ideea too on my server he did it ... :) dont know but it seem that my realm it`s totaly wierd .... one hours the prices are normal and the second minute you see 2 times lower .. and your stacks expires and you have to put it again on the AH and so on so ..you loose more money on reputting the merchent back on the AH
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      CommentAuthorHirsute
    • CommentTimeFeb 8th 2008
     
    Actually, with Enchanting mats, there's no deposit, so reposting doesn't cost you anything at all.
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      CommentAuthorMenora
    • CommentTimeFeb 8th 2008
     
    well not all my mats are DE mats so .. others costs .. and you cant ... get gear to DE since ... they cost more then the you get from DE`ing that...
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      CommentAuthorDeckard
    • CommentTimeFeb 8th 2008 edited
     
    I'd recommend using DE mats only while starting out if your bank is low, and setting your resale discount settings for BottomScanner very conservatively. Make it 50% or less so you're sure to get good deals on things you buy for resale. As testleK mentioned, you don't have allow bid or buyout checked, so you won't get any BtmScan deals that way.

    Also be careful of buying green weapons and armor or other things with low deposits. Experience is really your best friend for those, so over time you'll learn what a truly good deal on green gear is.

    As an example, players on my server have started posting all the "of the Owl" green gear at ridiculous prices, so Auctioneer scans will show cheaper ones as good deals when really they aren't. Caveat emptor.
    • CommentAuthorbunnyfufu
    • CommentTimeFeb 8th 2008
     
    Posted By: MenoraOR site:wowwiki.com OR site:wowhead.com OR site:wowdb.com

    Here, try this TinyURL:
    http://preview.tinyurl.com/yo4qkx
    That will take you to the actual Google search results I'm referring to. Let me know, please, if that doesn't help.
    • CommentAuthorNine
    • CommentTimeFeb 8th 2008 edited
     
    Posted By: AmiroSingles sell a lot better than stacks, but I'm not quite sure why because most good high level enchants require 30-40 of them....


    Stacks of 5 sell best for me in terms of volume, which is the most important thing really. Doesn't even seem to matter if they're more expensive than the full stacks and singles.

    That, and posting tons of tiny auctions and collecting the ones that expire takes time, which is expensive when you could be making gold in some other way. :)
    •  
      CommentAuthorMenora
    • CommentTimeFeb 9th 2008
     
    Well the bad news is that i quited Enchanting and got back my Skinning and i hope that i can make some decent money per day and i dont get undercutted by every morron on the server
    •  
      CommentAuthorHirsute
    • CommentTimeFeb 9th 2008
     
    "By every moron on the server"? If their's is selling, and yours isn't, I'd call that good business practices on their part, rather than being a moron. *shrug*
    • CommentAuthorccox
    • CommentTimeFeb 9th 2008
     
    Selling many stacks of 1 is most likely just going to piss off everyone trying to buy that material, or get you banned for abusing the AH.
    • CommentAuthortestleK
    • CommentTimeFeb 9th 2008
     
    I automatically ignore users with single posts (large numbers of them) and make my determination to buy based on the remaining auctions...
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      CommentAuthorHirsute
    • CommentTimeFeb 9th 2008
     
    Perhaps, but if you look in other threads on these forums, you have other users here making exactly that recommendation to people: "You could take that Arcane Dust and post it in stacks of 1 and almost set the market value with that many". I don't mind buying stacks of 1 myself, as I'd much rather buy only what I need than buy what I need +4. That's just me though.
    • CommentAuthortestleK
    • CommentTimeFeb 9th 2008
     
    Posted By: Randall...I don't mind buying stacks of 1 myself, as I'd much rather buy only what I need than buy what I need +4. That's just me though.


    lol, I would rather buy the +4 because if I'm buying it, even for personal use, its going to be a deal and I can resell that 4 extra :)
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      CommentAuthorHirsute
    • CommentTimeFeb 9th 2008
     
    It may or may not be a deal. I used to think the same thing, but AA's listing of stacks by price-per-item has shown me that often, at least on my server, the person who lists stacks of 1 lists them for the same PPI as the 4 and 5 stacks up there. If it is a deal, the potential profit margin, again, at least on my server, is small enough as to be of no consequence to me. If I'm going to be able to make only 50s-1g off those extra 4, it's not worth my time to buy the extras. When I buy enchanting mats, I generally buy them to be used immediately because I've managed to find someone to do a rare enchant at a reasonable price, so waiting a couple of weeks for the price to drop before I buy them doesn't make sense. My enchanter, OTOH, can DE anything, but isn't able to do many enchants because I don't play him that often, so I can DE anything I want if I'm "saving" up for an enchant. If I'm caught off-guard by someone being able to do the enchant I want for a good price (very cheap or free), I'll go buy the stuff I still need of the AH so I don't miss the opportunity.
    • CommentAuthorKinesia
    • CommentTimeFeb 9th 2008
     
    I usually post in stacks of 4 since a lot of enchants use multiples of that.

    1 thing which is slightly interesting to look at... If you hold down shift and mouse over enchanting mats (or other stackable items) it now provides the colour breakdown for each different stack size.
    In some cases this means you can deliberate undercut people with stacksize 2 and stuff like that.
    •  
      CommentAuthorMenora
    • CommentTimeFeb 10th 2008 edited
     
    Finaly things started to move .. made around 500G :cheer: today just from primals, prospecting , skinning and lw so it`s a good start
    • CommentAuthorOnyx
    • CommentTimeFeb 11th 2008
     
    Posted By: AmiroJust post all of them in stacks of "1" for 48 hours. If I calculate correctly it's almost 4 full pages of only your auctions. Whatever price you set (just no too high above the market), most people will be too lazy to click "next" button four times, and many people will be too lazy to even click "sort" button. Singles sell a lot better than stacks, but I'm not quite sure why because most good high level enchants require 30-40 of them....

    Ah, so that's the rationale behind that. As a poster of full stacks I find it VERY annoying tbh. Anyway, atm I just try to buy all these guys out at the risk of getting stuck with huge amounts of dusts though :S

    Onyx.
    • CommentAuthorRockSlice
    • CommentTimeFeb 11th 2008
     
    Posted By: OnyxAh, so that's the rationale behind that. As a poster of full stacks I find it VERY annoying tbh. Anyway, atm I just try to buy all these guys out at the risk of getting stuck with huge amounts of dusts though :S


    See? Single stacks sell well :)
    • CommentAuthorOnyx
    • CommentTimeFeb 12th 2008
     
    Posted By: RockSlice
    Posted By: OnyxAh, so that's the rationale behind that. As a poster of full stacks I find it VERY annoying tbh. Anyway, atm I just try to buy all these guys out at the risk of getting stuck with huge amounts of dusts though :S


    See? Single stacks sell well :)

    Well, I still find it ridiculous really, but I've spammed 60 single stacks of Illusion Dust now to get back at all the jerk-offs doing this :->


    motto: whatever they can do, I can do it worse *grin*

    Onyx.
  2.  
    I actually choose my stack size for materials based on a couple of things.

    Deposit cost? I lean toward maximum stack size.

    Used in bunches? I lean toward multiples of the bunch size. This includes conversions, like 3 lesser make 1 greater items.

    Otherwise, I aim at people who decide to buy like I do. I try to keep the cost less than 10 gold. If that means singles, I'll probably post singles.

    If single stacks are selling well, I will try other stack sizes sometimes to see if it still sells well. That's mostly to save posting time.
    -----------
    On the whole making gold thing though, I notice that my strategy works in waves. I'll pull 250G every 48 hours with minimal effort for weeks, and then have a couple of weeks
    of zero profit. About the time I think I should change up and put some serious thought into my strategy, people start buying again.

    Obviously, I could do a lot more, but I usually hit the AH during breakfast. Not a lot of thought involved.

    --
    Mad Martian
  3.  
    Here's something I haven't really thought about much: 24 or 48 hour auctions or a mix of both?
    •  
      CommentAuthorDeckard
    • CommentTimeFeb 12th 2008 edited
     
    Posted By: jackbrowniiHere's something I haven't really thought about much: 24 or 48 hour auctions or a mix of both?

    Unless an item has a high deposit AND it's a Sunday (the best day for selling on my realm), I almost always put my auctions up for 48 hours. Using the 48 hour interval offers the best chance for a sale, and I find that items will often sell in the hours I'm not in game when they otherwise would have expired at the 24 hour interval.

    The 24 hour slot has its place, but as I mentioned, I generally only do that late on a Saturday night for high deposit items to catch the Sunday buyers.
    • CommentAuthorNine
    • CommentTimeFeb 12th 2008 edited
     
    12 hours for gems (too much competition in this market to risk losing a larger deposit)
    24 hours for miscellaneous items with significant deposits
    48 hours for enchant mats and other items with negligible deposits
    • CommentAuthorOnyx
    • CommentTimeFeb 13th 2008
     
    Posted By: Mad_MartianOn the whole making gold thing though, I notice that my strategy works in waves. I'll pull 250G every 48 hours with minimal effort for weeks, and then have a couple of weeks of zero profit. About the time I think I should change up and put some serious thought into my strategy, people start buying again.

    Yeah, I see the same. Sometimes I can make 300g in a couple of days, sometimes the stuff just doesn't seem to sell. Like I said before, there's a lot of dusts around atm, making prices drop. My best sellers are still [Greater Eternal Essence] and [Illusion Dust] though. They make me much more money than the TBC reagents. Got lucky with a large number of level 51-60 items recently that dissed into like 30 [Greater Eternal Essence] that I can sell for around 14g a piece. They always sell real easily.

    Onyx.
    • CommentAuthorNine
    • CommentTimeFeb 13th 2008
     
    Apart from the high level enchant mats, mostly you're selling to twinks and people training up their enchanting, so yeah it does tend to go in waves. That's partly why I switched to spending most of my moneymaking time on Jewelcrafting - much more consistent demand and the overall "profit per click" is a lot higher. The only barrier is the initial investment to get hold of the good patterns.
    • CommentAuthorDarkSoul
    • CommentTimeFeb 14th 2008
     
    Posted By: Onyx
    Posted By: AmiroJust post all of them in stacks of "1" for 48 hours. If I calculate correctly it's almost 4 full pages of only your auctions. Whatever price you set (just no too high above the market), most people will be too lazy to click "next" button four times, and many people will be too lazy to even click "sort" button. Singles sell a lot better than stacks, but I'm not quite sure why because most good high level enchants require 30-40 of them....

    Ah, so that's the rationale behind that. As a poster of full stacks I find it VERY annoying tbh. Anyway, atm I just try to buy all these guys out at the risk of getting stuck with huge amounts of dusts though :S

    Onyx.

    When I have lots of dust I post a few stacks of each variety, 1,2,3,4,5,10 and 20. This works well because people need dust for enchants. So they do not need 20 dust, only enchanters need 20 dust for themselves. Twinks etc just need 3 or 8 or whatever. I let them combine...
    • CommentAuthorAmiro
    • CommentTimeFeb 14th 2008
     
    When I have lots of dust I post a few stacks of each variety, 1,2,3,4,5,10 and 20. This works well because people need dust for enchants. So they do not need 20 dust, only enchanters need 20 dust for themselves. Twinks etc just need 3 or 8 or whatever. I let them combine...

    I used to post dusts like this in the past, but not anymore. There is usually at least 4-5 pages of arcane dusts on my realm (even without mine singles :wink:). Now think: if you need to buy just 3 or 4 of them, but first page is full of singles, would you check another page to see if there are any "3"-stacks? Even if so, can you easily judge if (for example) 3 x 1,43g is more or less than 4,31g? Not to mention that if you are 70 for a while, the few silvers is hardly any difference.

    So in my opinion only stacks of 1, 20 and maybe 10 have a good chance to sell. Any 2-5 will probably wait a lot longer, but it all depends also on your realm's mood and economy :cool:
    • CommentAuthorNine
    • CommentTimeFeb 14th 2008
     
    Posted By: AmiroAny 2-5 will probably wait a lot longer, but it all depends also on your realm's mood and economy


    People on my realm must know how to sort by stack size, because my 5 stacks sell more quickly than anything else. :)

    With server-side sorting, flooding doesn't really work too well anyway because later, cheaper auctions can push them off the first page. It did have a small effect when the sorting was on the client though.
    •  
      CommentAuthordinesh
    • CommentTimeFeb 14th 2008
     
    i think there is still a bug where server side sorting ignores everything past page 4. isn't there?
    • CommentAuthorNine
    • CommentTimeFeb 14th 2008 edited
     
    Doesn't seem to be. You can sort the whole AH by price.

    When I watch an AAdv scan with the default quality sorting, I can see it scanning through epic, rare, uncommon, etc. in sequence.

    At least on my realm - maybe it's toned down under heavier database load. My AH is at around 150 pages most of the time.
    •  
      CommentAuthorDeckard
    • CommentTimeFeb 14th 2008
     
    That's interesting Nine, the Alliance AH on my server runs about 300 pages now on average during the week, up to 350 or so on busy weekends. I believe Horde side is about half of that though, since Alliance is more populous on my server.

    Anyone care to divulge which JC designs they flip on a regular basis, if you're into that market? How about recipes from other professions? Is there a particular item you can craft that you have great success in selling for good gold?
    • CommentAuthorrodgort
    • CommentTimeFeb 15th 2008 edited
     
    Posted By: DeckardAnyone care to divulge which JC designs they flip on a regular basis, if you're into that market? How about recipes from other professions? Is there a particular item you can craft that you have great success in selling for good gold?


    Nearly all JC recipes are great for resale. Also enchanting. Nice low deposit costs, and they always sell if you're patient. My server has seen some interesting evolutions in pattern prices, though...

    Welfare epics from PVP have really devalued most of the epic leatherworking, tailoring, and blacksmithing patterns. They still sell, but not extremely well. Also, as more guilds have moved into BT and Mount Hyjal, the various raid-dungeon recipes have dropped precipitously in price as people gear up and more guilds are farming recipes. I actually lost a bit of money on those because I didn't see the T5-equivalent boot prices dropping in time.

    Crafted items suck for profit-making, IMO. Too much potential competition, and some idiot can always come in and take your market away by undercutting you. I know some people make bank on JC, but I just don't trust it.
    • CommentAuthorixm
    • CommentTimeFeb 15th 2008 edited
     
    I'm that same guy who posted in the last thread and beginning of this one. I'm doing a lot better now, even through all the auctioneer competition on my realm. Here are my tips:


    • Illusion dust and Greater Eternal Essences are gold mines. Illusion dust on my realm sells for roughly 2g each, 12-13g per essence. The best part is that a lot of people ignore the value of 51-60 items because of how much Outland items are drastically different. I've often bought 56-60 weapons for 4 or 5g each, and they net you 3-4 essences at 12g each.
      [*]If there's competition on your realm, do regular scans with bottom feeder on if you haven't check the AH in a while. I always do at least one full scan a day, but normally at least 2 scans. Pick times that your competition might be at work/school or sleeping, ie, in the morning or late at night.
      [*]As far as stack size goes, I always sell my stuff in bulk, but at a discount. I'll cut competition by 20% with stacks if they're selling in low numbers, or 10% if they also sell in bulk. It's almost always guaranteed a sale in my experience. I only put them up for 24 hours because if they don't sell in that time, most people have started undercutting you.
      [*]Maybe kind of silly, but I do my disenchanting away from the AH and mailbox, just because I don't want to be pointed out as an obvious Auctioneer user.


  4. I want to break 6000g, as I've never had that much at any given time. It'd be nice to know that I can get my characters what they need without worry. I'm at 2100g at the moment, up from 10g starting.

    Also, has anyone actually had any luck with the prospecting eval? It seems like I wasted a lot of money getting my jewelcrafting up as I haven't seen hardly any deals on ore. Minimum discount is set low.

    EDIT: Well, the ulist looks right when previewed, just not when posted. Oh well.
    • CommentAuthorNine
    • CommentTimeFeb 15th 2008 edited
     
    In general you can expect demand for patterns to follow demand for the items they create. Auc-Stat-Purchased is good for estimating this - when looking at a single item the stat is somewhat meaningless, but it's great for COMPARING items, e.g. different cuts of the same color. I use it to decide which cuts to make from my perpetually limited supply of raw gems.

    If you compare stat-purchased's values with stat-simple's you can get some idea of supply vs. demand as well. e.g.

    Stormy Star of Elune: 13 purchased / 267 seen = 0.049
    Solid Star of Elune: 85 purchased / 630 seen = 0.135

    Not only is Solid selling in much greater numbers than Stormy, it's selling more reliably. As for prices:

    Stormy Star of Elune: 45g purchased / 52g seen = 0.865
    Solid Star of Elune: 49g purchased / 49g seen = 1.000

    When Stormy auctions do sell, they tend to sell for well below average buyout. You can combine the two ratios (if that makes sense) into a "demand factor":

    Stormy: 0.042
    Solid: 0.135

    Actually, Stormy is so difficult to sell I don't bother making it anymore. Overall I would make more gold selling Star of Elune uncut, so the recipe is worth less than nothing. :)
    • CommentAuthorNine
    • CommentTimeFeb 15th 2008 edited
     
    Posted By: ixmAlso, has anyone actually had any luck with the prospecting eval? It seems like I wasted a lot of money getting my jewelcrafting up as I haven't seen hardly any deals on ore. Minimum discount is set low.


    I think the probabilities in Enchantrix are out of date, causing the prospecting evaluator to undervalue. Across thousands of prospects I've seen a blue gem drop rate from Adamantite of around 22%. Wowhead says 20% but I don't know how far back it counts. Enchantrix thinks it's 15%.
    • CommentAuthorccox
    • CommentTimeFeb 16th 2008
     
    We're still trying to gather more data to feed into the probabilities for enchantrix.
    That's one reason why enchantrix stores your prospect data -- so it can eventually be uploaded.

    See http://www.wowwiki.com/Prospecting for data gathered across many, many users.
    (it has been updated more recently than enchantrix constants, but the differences are 1% or less)
    • CommentAuthorNine
    • CommentTimeFeb 16th 2008 edited
     
    Yep and I'll be sure to submit mine when uploading is re-enabled. :)

    I have 708/3030, 23%
    The WowWiki numbers are taken from Wowhead which has 75000/380000, 20% (I remember some posts on the WoW forums putting it at more like 22% if only recent data is included)
    Enchantrix has 6*0.025, 15%

    So it's undervaluing by 25-35% considering only rare gems. The numbers it has for uncommon gems seem to be about right.
    • CommentAuthorccox
    • CommentTimeFeb 16th 2008
     
    OK, I'm updating the percentages from wowhead now.
    • CommentAuthorccox
    • CommentTimeFeb 16th 2008
     
    OK, it's updated in SVN with the current wowhead numbers.

    If we get evidence that the numbers have changed more recently, then we can update it again.
    • CommentAuthorDarkSoul
    • CommentTimeFeb 24th 2008
     
    Im new to the DE business what profit do you guys set? I am currently @ 1,75g buyout for skill 175 and 0,90 for skill <100.
    •  
      CommentAuthorMattBnr
    • CommentTimeFeb 29th 2008
     
    i have my DE set to 1g min profit and 50% min discount level 0-300 but i am not getting any hits on my appraiser with btm running my settings are 5g min profit 30% discount resell 2x seen time 25 subtract ah cut and deposit and use appraiser prices. any thought as to what i could change? and i have my markdown set to 40% i believe.
  •  
    Lower your min % discount level. I have mine at 20% and make a good ammount of gold.
    • CommentAuthorukmonkey
    • CommentTimeMar 25th 2008
     
    I just recently upgraded from one of the older versions as it won't work on latest patch but I'm wondering how am I supposed to set up BottomScanner. Also is it just as good as the old scan and search auction way?
    • CommentAuthorukmonkey
    • CommentTimeMar 25th 2008 edited
     
    double post
    • CommentAuthorRockSlice
    • CommentTimeApr 21st 2008
     
    Ligr: please use a new post instead of posting in an unrelated topic
    •  
      CommentAuthorMattBnr
    • CommentTimeMay 7th 2008
     
    well i figured i might revive this oldy but a goody topic here. i figured with all the new changes going on around here with all the new features such as getall and search ui i would see if anyone has any new tips or tricks they are using to rake in the loot.
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