Friday, January 27, 2012

A Small Experiment

Perhaps because of my last entry, I got inspired and  started using Auctionator to buy out glyphs.  I invested about 4k in all into the market and ended up filling my bags with cheap glyphs, mostly in the 5 to 20 gold range.  I'd look at the cheap glyphs with the addon and I found there were a quite a few that were cheap, and then a huge gap where a guy had posted glyphs for 350 gold.  I basically reposted the glyphs at 349.




I didn't check my auctions for 13 hours, and had only sold 16 glyphs all day.  I made 2325 gold from those glyphs.  Some were probably glyphs I hadn't reset yet, but my average was 145 gold per.  Before I was selling and having to craft and mill each day.  With so few glyphs sold, that's not as much of an issue now.  So I have less work and about the same profit.  I can accept that.  Naturally, it will get worse as an undercutting war starts, but I'll try to babysit my glyphs alittle more (while watching TV or listening to my NPR podcasts).

As a side note, my overall worth in glyphs was 10k before.  That's really not very much.  With inflating, my value is supposedly over 100k now.  I'll never get that much, but it is fun to see your value increase so radically.




Anyway, so far this small experiment has been a success.

Edit: I sold another 12 while writing this for 1851.  Again average is 154.  That's not too bad for almost no work.  It also suggests that I need to cycle my glyphs more often.

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