Auction House: What not to do!

World of Warcraft economy doesn't work like that of the real world. Though it's very common to assume that it does, because of the similarities of buying low and selling high. It's actually a bit more convenient for merchants.

With this common mistake comes the most common Auction House blunder: Selling your items for a lower price, and selling them all at once.

Making a good and fast profit on World of Warcraft is actually very easy, the answer isn't about selling your items at a lower price than usual. It's all about:

* The item you are selling

* The timezone your server is in

* The type of server you are on

The amount you're selling your item is not at all very important when it comes to how fast people bid on it. It is important though, on how fair your price is. Pricing low makes you lose money. Price it high, and people won't bid on it. Balance is the key.

Being a merchant has it's perks, but most times it's more irritating than anything else. There have been times when I would go to the Auctioneer to sell my item, and I find a bunch of it already there, selling at such a low price, it's unbelievable! Do these people know what they're doing? Do they know that they're ripping themselves off and killing my profits in the process?

Lowering my prices would mean I would lose profits too, so instead of doing that, what I do now is just buy out these people, and sell the items for what I usually sell for! I don't lose anything, except a bit of profit, and I still get good money from my original items.

So you see, the price of the item doesn't really change anything, it will still sell, as long as people find your prices reasonable. That being said, why bother selling for low when they would still buy at the normal to high price?

So wisen up, don't sell yourself short. Take advantage of the market, and reap the gold rewards!

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