WoW Auction House Guide – Pricing an item
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Playing auction house is one of good source if you want to earn wow gold other than crafting or even if you have this secrets in wow farming. Playing with auction house will save you more time than farming but requires you some analytical skills to analyze prices coming in and luck.
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With this WoW Auction House Guide, this will help you to get more gold via means of playing Auction prices and indentify which goods are good to sell and reward you for decent amount of gold. So how do you go about figuring out a good price to sell your goods for?

Quick Sale vs. Long-Term Profit
WoW Auction House Guide Tip #1
For example you seen an item that you think is under-priced, you can hold onto it until when find auction market conditions changed. If you choose a long-term strategy, then I do recommend is to wait for a better sale price and hold the item first to your bank or alt. But if you choose for easy money you, the best way to make a quick sale is always to undercut the competition. You don’t have to undercut by a lot, just drop it by less 1 – 2% since most buyers still prefer the cheapest price.
Figuring How Much You Can Sell an Item
WoW Auction House Guide Tip #2
Any auction add-on (I do recommend Auctioneer) will keep track of an items worth in average market value by having data you collect during visits to the AH using your auction addon. Even you have this history data you still need to check to see what other players charging for same item you target. This will easy for you to see the current price range of the item you’re selling. With the item’s average market value, recent historical value, and current asking prices are the most important factors in figuring item’s value.
Auction Length, Stack Size & Bid Discount
WoW Auction House Guide Tip #3
Offering a small discount (5 or 10 percent) for a bid is a good way to encourage buyers that might not otherwise purchase. It’s also important to offer varying stack sizes of goods when applicable. For instance, if you only needed 1 Heavenly Shard, you probably wouldn’t buy a stack of 20 so cut it by 5. Lastly, choose a 12 hour auction duration if you tend to get undercut a lot, as this will save you both time and listing fees. Items with higher listing deposits (such as armor or weapons) can also be sold with 12-hour duration to save on auction fees. For niche items that often sell slowly, go with 48 hours to save yourself time re-listing.
Learn to wait
WoW Auction House Guide Tip #4
Having the best price often isn’t enough. Perhaps even the cheapest copy of an item is still way more than anyone would reasonably pay. Or perhaps it’s a niche item that probably won’t sell right away. The forces of market demand and price elasticity (how much extra people are willing to pay for an item over its market price) are factors to also be considered. Sometimes undercutting by a massive amount will lead to a sale much quicker than a small undercut, especially when the item is being overpriced. Sometimes you just need to wait for a buyer to come around. Know your market, and know your items.
Well hope you learn something new in pricing an item with WoW Auction House Guide.
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Topics: Blog | 4 Comments »

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September 5th, 2011 at 4:56 am
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September 8th, 2011 at 2:50 am
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September 21st, 2011 at 1:21 am
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