Posts Tagged 'AH'

Haste Pots and Supply and Demand AH Economics 101

I snagged the Haste Potion from the Ah today Haste Potion

I Spent 500 B/o on it. I’ve been waiting for it to hit the AH and had been prepared to spend round 350 Gold on it, but there was nothing on the Ah for a while, and the actual pots themselves haven’t appeared much on the Ah and when they did they were stupidly expensive.. and today I found out why…

So I send the receipe to my Alt to use, ( she is level 54 now and 375 Alchemy) and then I check out the prices of the ingredients…. and without going into specifics making 40 of them Hurt. So then I asked myself as i selected Buy Out.. Why? Why have the prices on so many things gone up, recently and prices for others gone down.
Eg – Greater planar Essences are now just under 5 Gold each on my server.
Stacks of Arcane Dust are going for around 20g Why. Both of them are the results of the majority of all those extra greens that are dropping. Great for enchanters if you need the mats, but Im finding that I’m only Deing only half of them and its better off financally to Vendor the rest.

So back to Economics 101
Supply and Demand.
Oversupply Prices Drop – Overdemand Prices Rise.- supposedly AHAH.. unless theres a hugh case of price fixing going on.. and people just trying to make the most money they can.. Mystic spellthread 150g RIP off… specially when the primals are only 12-13ish each

Some things to consider – These extra dailys are giving people a relative Easy up to 250 Gold aday plus greens – cloth – Mana motes, fire motes, Aldor and Scryer Rep item drops ect ect ..
but that takes time, and your looking at over an hour to do all 25 – so of that hour Play time what would have people of been doing otherwise? I would have been farming Mana Primals.. ( not anymore they are only worth around 12g each now.. )
So these people who would be adding things to the AH that they ‘farmed’ arent doing it as frequently by at least an hours worth of time, and for casual players an hour is a huge chunk of play time .
So in my opinion the result of the new dailys is – People have more money to spend , and there are less of certain Items on the AH.
This impacts on the base items neede to make something, Eg the Price of shadowcloth has now risen to 100 odd gold for 2 Why? The mats for Shadowcloth have risen in price.
Fire Primals are 35-37 Gold, Shadow primals are Similar.
I missed a cooldown day because the Cost of buying the Primals outweighed making the Cloth and it was a raid night and didnt have time to Farm, I would have been selling at a loss. So then next day I then Farmed what I needed rather then Buying at least one of the primals, and Sold the cloth at the average of the day price. ( price fixing ——–> me.. )

Is this a Virtual Take on world economics?
The cost of goods become too much so people either do without or farm themselves? Or is that me just being Frugal in a competitive environment.

People also then start hoarding the Mats when they farm them, I’ll farm a little extra so I don’t need to worry about it next time..

I know a few players who have been on wow longer then I have with Stacks of Primals- for a “Just in case they need them” and guilds hoarding items as well for long term plans PLUS suddenly you have all these people with extra money from the dailys who are willing to Pay or a forced to pay the higher prices….

and add onto the fact that there has been new badge gear added, and attunements lifted on some of the high end instances so more people now have access to new loot, that needs enchanting and jeming.. ect ect ect ect…

but whats the answer… easier money – or higher drop rates?

Enchants and Selling them On AH

According to WOW insider Last year  ( Sep 2007) – Enchants will be able to be sold on the AH – After 2.4 and around WOTLK

As someone who  just finished making her  375 Enchanting Wand  – I think that this is good  and bad news.  I now have a couple of Rarer enchants, The Best Fort to bracers  Soulfrost and some others,   my only problem has been making back money from the costs I’ve outlaid.   While people vendor or sell their greens and quest rewards as they climb the ranks  Enchanters  Shard them to use for mats. ( I used to make some of my money back when I was poor by selling the mats ) but for the most I had to buy additional mats just to level up.  By Ahing them we now enter a oppourtunity  for realm economics to impact enchanting and Mat prices.  Now having maxed out my enchanting, and with a new rod,  and most of the enchants I don’t have being ones that are riducously priced on the AH or BOP’s from Kara ect ect..  Im interested in making money from it –  I made 5G this weekend from my enchanting skill.   Mostly they spammed who can enchant “……. ”  and I could – So they had the mats – they gave them to me – I enchanted and they tipped 2 G for 1 and 3g for another-  Now realistically  depending on the trouble to get to said person, its not worth  the 2g to wait for them to get mats – log in out of toons and back.     Can you come to me…? they ask..   So I don’t normally answer the requests.. I even have trade channel permantly off its gets so annoying .   Considering my Now level 46 Mage is making more money of responding to Port requests while she is running round Tanaris ( yes it is in the middle of whoop whoop.. )  Are enchanters being treated fairly for the cost of their skill, and how many people assume that there is no Fee. Im beyond skilling up –  I’m doing a random a favour I want Gold…  but whats the correct rate to charge?   Its more then Pre BC and Post BC enchants,  and then there are level 375 enchants – I paid another enchanter 30g for soulfrost a few weeks ago.  I had already spent 600 odd G in mats and  time to get the ingrediants,  but I offered 30g for him to enchant because I felt It was reasonable,   it was a special enchant  – I still came to them.    But Im not sure Im keen on having to outlay a substantial amount of money on mats for a Chant thats not Gaurented to sell.    There are alot of things  on the Ah – like some Mana/spell oils /pots and flasks where the base cost to make something is more then what the item is worth selling, or the profit is just not enough to even bother – Either the cost of Mats goes down,  or Enchanters just will not sell  enchants.

One thing though,  it will be easier to send Enchants to my Alts ( Im assuming you will be able to maiil them too ) for the Items that were BOE and I can’t enchant for them.

A jewelcrafter uses Mats and skill to make a Jem – this Jem then sells for 40-80G ( blue ones)  Yes the costs for enchanting lies with the person who wants the enchant  or nor do I want avocate that the enchanter buys the Mats,  because there is no way Im forking out the cost of soulfrost enchants to put on the Ah – and be undercut and not sell the enchant.

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