It is not difficult to control the auction house in WoW. It really comes down to a simple formula that you can use dominate pretty much any in-game market in World of Warcraft or any other MMO. Here are the steps:
1. Identify the niche you want to control, and the most profitable item within it. This is well and truly server dependent, and will require you to monitor your niche for a week or so to judge what is worth controlling and what isnt. I could write a whole guide on how to judge liquidity in the Auction House but its a bit beyond the scope of this guide.
2. Once you've located your item, get together enough gold to buy it out and to lock any competitors out of that niche by buying them out.
3. Inflate the price of your item and list it in relatively small quantities, which will create the illusion of scarcity and drive the impulse to buy.
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 youre not doing this 7 days a week, I would strongly suggest listing items for 48 hours starting on Saturday morning, and buying on Sunday evening when most of the weekenders have put up their items at reduced weekday prices, although this pattern may vary depending on your server.
1. Identify the niche you want to control, and the most profitable item within it. This is well and truly server dependent, and will require you to monitor your niche for a week or so to judge what is worth controlling and what isnt. I could write a whole guide on how to judge liquidity in the Auction House but its a bit beyond the scope of this guide.
2. Once you've located your item, get together enough gold to buy it out and to lock any competitors out of that niche by buying them out.
3. Inflate the price of your item and list it in relatively small quantities, which will create the illusion of scarcity and drive the impulse to buy.
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 youre not doing this 7 days a week, I would strongly suggest listing items for 48 hours starting on Saturday morning, and buying on Sunday evening when most of the weekenders have put up their items at reduced weekday prices, although this pattern may vary depending on your server.
About the Author:
Nicklaus Pender is a guru of the WoW auction house and gladly shares his WoW strategies on his site. earn sure to check it out for more info on how to earn gold with the auction house.
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