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. Find the most profitable item within the niche you want to control. This is going to be totally server dependent and you will have to monitor your niche for a while to determine what is worth your time and gold. Figuring out how to judge this is a guide in and of itself.
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 the gold from your inbox.
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 this is less of a daily thing for you and more of a weekly thing, I would recommend putting your items up for 48 hours starting on Saturday morning, and buying out items on Sunday evening after the weekend crowd lists their items at the substantially lower weekday prices. This pattern may vary depending on your server, however.
1. Find the most profitable item within the niche you want to control. This is going to be totally server dependent and you will have to monitor your niche for a while to determine what is worth your time and gold. Figuring out how to judge this is a guide in and of itself.
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 the gold from your inbox.
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 this is less of a daily thing for you and more of a weekly thing, I would recommend putting your items up for 48 hours starting on Saturday morning, and buying out items on Sunday evening after the weekend crowd lists their items at the substantially lower weekday prices. This pattern may vary depending on your server, however.
About the Author:
Nicklaus Pender runs a WoW auction house guide site in his spare time. If you're wanting to make more gold in less time in World of Warcraft, check out his blog.
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