Tuesday, September 22

Netherweave mishap

So i told you how i was attempting to move my competition out of the market. This worked to the extent i was selling tons of bags and theirs sat stagnant on the AH. However my plan ran into a problem which will benefit the competition. I was purchasing all the reasonable priced netherweave on the AH which pushed the price up. Currently 14g for a stack of netherweave when it was 7g average. This is not good for me because i used up my stock of netherweave over the weekend and sold all my bags. So i didn't push my competition out of the market i gave them a way to make higher prices than i did. While i sit on the outside wishing i had some cloth to get in the game again.

What i could have done differently. I should have bought out all the netherweave but not sold my whole stock of bags. This would have ensured i had stock when the prices rose. So now i learned that while selling tons of product is fun it may be more profitable to wait and sell when prices rise from me buying out the netherweave market.

6 comments:

  1. Consider spell checking your posts. Missing punctuation and misspelled words ("diffrently") make you sound ignorant and take away from your message.

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  2. Heh im in the netherweave bag market (would be in frostweave but idiots keep posting them below cost :P) and have a guild tab full of bolts of cloth >.< hasnt dipped below 2/3 for a while but means im still crafting while my compeition has a coice to buy 15g stacks (all mine are brought for 6g/stack)

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  3. If you read my first post in the blog i said forgive me for my errors. Yes spelling and punctuation are bad in my post. I am not good at these skills however, I still try my best to fix my errors. They may make me look ignorant in the field of grammer however it does not make my post unreadable or destroy the content of the post.

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  4. @ Saiyuri How did you get so much did you stock up or do you have a farmer. Im tempted to go to Outlands fly around advertizing buying it so i can gather in some stock.

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  5. When purchasing mats -especially low priced mats I almost always leave one or two stacks behind - sometimes it facilitates greater undercutting -sometimes someone else comes along and snaps them up - in the long run however I feel (absent any real data) that it works out on average to my benefit.

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