tag:blogger.com,1999:blog-1461700565722278823.post485438580239051515..comments2024-02-27T14:44:07.868+01:00Comments on Greedy goblin: Best selling glyphsGevlonhttp://www.blogger.com/profile/07072766785893313616noreply@blogger.comBlogger30125tag:blogger.com,1999:blog-1461700565722278823.post-17250466282527212852010-07-08T05:52:16.482+02:002010-07-08T05:52:16.482+02:00@goldszene: actually someone suggested exactly tha...@goldszene: actually someone suggested exactly that, to buy me out. I agree that it's not really smart.Gevlonhttps://www.blogger.com/profile/07072766785893313616noreply@blogger.comtag:blogger.com,1999:blog-1461700565722278823.post-48165349730436823522010-07-08T02:51:53.921+02:002010-07-08T02:51:53.921+02:00I like what Goldzene said a lot. I've been com...I like what Goldzene said a lot. I've been coming back each day in hopes that Gevlon has replied to it but unfortunately I get disappointed every time.<br /><br />I live in hope though.Fiffunoreply@blogger.comtag:blogger.com,1999:blog-1461700565722278823.post-37200896672352941852010-07-07T09:18:32.720+02:002010-07-07T09:18:32.720+02:00@Fiffu: no, you just can't read. "There i...@Fiffu: no, you just can't read. "There is a brutal and a more sophisticated method." You quote the brutal that I NEVER used. I sometimes mentioned it as a quick way to kick some camper butt, but I always used the more sophisticated.<br /><br />Also: "Here comes the core move: once a week run a summary, or simply look at your listed auctions. Approximate the average price. Set your fallback to 1.25*average. ". The price goes down so every week the average was lower. When I entered the server, some glyphs were 40-50G. I started with 35G fallback, and decreased it gradually. CURRENTLY it's 20. When glyph of rake was sold it was higher.<br /><br />It's funny how hard to read. It's funnier that Markco spent a week wasting his time selling glyphs for 5G just to prove it doesn't make profit. If only he read my posts (about 30 mins) he wouldn't waste all these time and wouldn't make a complete fool of himself (again). Don't be like him!Gevlonhttps://www.blogger.com/profile/07072766785893313616noreply@blogger.comtag:blogger.com,1999:blog-1461700565722278823.post-16209548220020528972010-07-07T09:06:02.904+02:002010-07-07T09:06:02.904+02:00In the Undercutting with QA3 article you wrote:-
...In the Undercutting with QA3 article you wrote:-<br /><br />For example I want to make 4G/glyph or it doesn't worth the work. The ink price is 3G so I must sell for 7G min. I set my threshold to 7, my fallback to 8 and let the angry mails come. <br /><br />In this article you write:-<br /><br />currently I'm selling with 7G threshold, 20G fallback)<br /><br /><br />In your calculation you write:-<br /><br />So I spent 160 seconds of my life managing this glyph for 22*0.95-4=17G profit. That's 380G/hour, barely more than daily quest income. So glpyh of rake is not a best seller.<br /><br /><br />How do you sell a glyph for 22g when your fallback is 8g?<br /><br />You truly are a magician.Fiffunoreply@blogger.comtag:blogger.com,1999:blog-1461700565722278823.post-4923496390958006502010-07-07T08:06:34.950+02:002010-07-07T08:06:34.950+02:00Yeah sure, like people are gonna buy out 20g Glyph...Yeah sure, like people are gonna buy out 20g Glyphs to relist for 50g. That time was a loooong time ago.<br /><br />I personally put my treshold on 15g and my fallback on 99g, I keep 10 of each glyph in my bag and press Post 5 times a day, most easiest way to make gold with Glyphs.Martijnhttp://www.wowharbor.com/noreply@blogger.comtag:blogger.com,1999:blog-1461700565722278823.post-22010645260813529932010-07-07T06:24:30.146+02:002010-07-07T06:24:30.146+02:00@ The One and Only
What is an hour when you're...@ The One and Only<br />What is an hour when you're afk-posting *shrug*. There is no harm in keeping the bad glyhps that earn you similar amounts as doing dailies. If it doesn't sell for you, it probably isn't going well for the competition. It only further demotivates the guy you are trying to push off the market <br /><br />No matter what Markco and the others say, deep undercutting works well and it's not just a theory. It works on all types of realms. Low, mid and high population ones.Oxymustardhttp://oxymustard.blogspot.com/2010/03/inscription-posting.htmlnoreply@blogger.comtag:blogger.com,1999:blog-1461700565722278823.post-31329855820906826812010-07-07T06:04:11.849+02:002010-07-07T06:04:11.849+02:00@Strum and others -- when Gevlon says "I made...@Strum and others -- when Gevlon says "I made 16 (4G is the ink price). In that case he won more than I did." I think the point is that the high price strategy did better than the monopolist strategy, not that Gevlon is annoyed that someone else made more profit than him.<br /><br />If you look at it in context, Gevlon is showing that unless there are very few using the high price strategy, it gets less profit than the monopolist strategy.Eenheidnoreply@blogger.comtag:blogger.com,1999:blog-1461700565722278823.post-87158608629825543772010-07-07T04:45:17.346+02:002010-07-07T04:45:17.346+02:00Deepcut,
I think you are more of a trade chat cam...Deepcut,<br /><br />I think you are more of a trade chat camper than an AH camper. You wait for cheap gem deals to be announced, sounds like.Eaten by a Gruehttps://www.blogger.com/profile/01741777795065029482noreply@blogger.comtag:blogger.com,1999:blog-1461700565722278823.post-58236979695621876172010-07-06T21:49:38.662+02:002010-07-06T21:49:38.662+02:00@Strum: theoretically true. However here we compar...@Strum: theoretically true. However here we compare their strategies. If the buyer is better off, (as the campers and Markco claims) someone maximizing his profit should be one. <br /><br />While "I make enough and don't care if you make more" is a valid statement on its own, I claim that someone wanting lot of money do it.Gevlonhttps://www.blogger.com/profile/07072766785893313616noreply@blogger.comtag:blogger.com,1999:blog-1461700565722278823.post-50263362296464427602010-07-06T20:17:51.332+02:002010-07-06T20:17:51.332+02:00The monopolist strategy you outline here is too si...The monopolist strategy you outline here is too simplistic to work well, but it isn't the only strategy. As someone who sometimes plays monopolist in crafted markets without ever crafting anything myself, I'll let a more careful explication of a good strategy anoint my own blog at some point today.The Gnome of Zurichhttps://www.blogger.com/profile/03203965173625552516noreply@blogger.comtag:blogger.com,1999:blog-1461700565722278823.post-50342928259202362132010-07-06T19:44:01.132+02:002010-07-06T19:44:01.132+02:00@Splat:
I understand the strategy, but the wordin...@Splat:<br /><br />I understand the strategy, but the wording of Gevlon's post implies non-goblin concerns. The buyer's 30g potential profit by flipping is pertinent information. How much the seller makes vs the buyer is irrelevant. A goblin cares about the gold in his pocket, not other guy's.Strumnoreply@blogger.comtag:blogger.com,1999:blog-1461700565722278823.post-24274256123179775842010-07-06T17:55:43.390+02:002010-07-06T17:55:43.390+02:00While I don't have an inscriptionist (yet), I ...While I don't have an inscriptionist (yet), I make my gold using JC as my cash cow.<br /><br />I'll admit I am an AH camper but <i>I don't mind</i> being an AH camper. I will routinely spend 5-6 hours a day playing the AH game and cancel/repost when I see fit. Being in trade all the time helps me get good deals to keep my prices below the "deep undercutters". I figure if I can buy my mats cheaper, then I can post cheaper than they can. JC is also different in the fact that deep undercutters quickly make no profit due to AH fees, and also supply is more limited than for glyphs. Definitely makes a monopoly more viable.<br /><br />It's not really about the time spent/gold for me, rather than the amount of gold. I usually shoot for around 40k a week liquid profit (not sure what you are making per week on glyphs on average, but I doubt it's 40k). Most times I'm AFK doing other things or tabbed out doing homework.<br /><br />TLDR: I think both methods have their place (and flaws), so use what makes you happy (and makes you gold!). Cheers!Deepcuthttps://www.blogger.com/profile/06099682493289172172noreply@blogger.comtag:blogger.com,1999:blog-1461700565722278823.post-38317465196066247992010-07-06T17:28:45.346+02:002010-07-06T17:28:45.346+02:00Could it be that the mighty Gevlon has fallen? I s...Could it be that the mighty Gevlon has fallen? I saw that Markco's subscription numbers were fast approaching your own at 2600+!<br /><br />I think you're helping him quite a bit gevlon by being his 'foil' so to speak with your inscription methods.<br /><br />I've been here since that post by the anonymous above and he/she is spot on. You're forgetting your original audience!Yikes!noreply@blogger.comtag:blogger.com,1999:blog-1461700565722278823.post-57493298653180141472010-07-06T17:18:17.010+02:002010-07-06T17:18:17.010+02:00Why are people equating "In that case he won ...Why are people equating "In that case he won more than I did." with failure? The way I read the post, it went on to explain that the given situation is likely to end in disaster for all involved except the deep undercutter.<br />Did I miss something?Nortenoreply@blogger.comtag:blogger.com,1999:blog-1461700565722278823.post-2291710018594432782010-07-06T17:15:59.921+02:002010-07-06T17:15:59.921+02:00Gevlon I'm the anonymous poster who you respon...Gevlon I'm the anonymous poster who you responded to. I think the guy you are slandering is actually using the same strategy as you and that he improved upon it. You might want to consider admitting the fact that he's just as right as you are. I don't see how he's wrong when he's using practically the same strategy...<br /><br />Also what you did was pretty cruel, even for a goblin. I looked over the just my two copper site today and found quite a bit of useful information for someone like me who is just starting out.<br /><br />I haven't looked at his forums all that much yet but they seem to have quite a bit of information on them. I think you're doing your community here a disservice by ignoring someone like this guy. You call him an idiot but then you talk about how he made good points. I think neither of you are idiots and it's time you both grew up. This is just a game and both of you have come up with interesting ways of making gold.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1461700565722278823.post-25339732084584773622010-07-06T15:38:57.840+02:002010-07-06T15:38:57.840+02:00Why would somebody buy you out, when you post your...Why would somebody buy you out, when you post your glyphs at 20g? That's stupid and NOBODY would do that!<br />Let's look at your numbers: he would make 30g by relisting, you would make 17g. So he would make 13g more than you.<br />It's much more effective to just post a glyph at 19,99g under yours. He would make 16,99g AND you nothing. So he made 16,99g more than you without risking to get undercut at a ridiculous high price.<br /><br />I want to remind you: Even the 6,2g profit with 5 campers on your AH are more than you make. AND even with your strategy you wouldn't sell a glyph, if one of the campers have a lower threshold than you.goldszenehttp://twitter.com/goldszenenoreply@blogger.comtag:blogger.com,1999:blog-1461700565722278823.post-59916209131603947902010-07-06T15:28:19.572+02:002010-07-06T15:28:19.572+02:00I don't really have anything to say but the co...I don't really have anything to say but the comments on jm2c are the hilarious. Useful write-up too :)Monsieurnoreply@blogger.comtag:blogger.com,1999:blog-1461700565722278823.post-90511334403932302622010-07-06T15:25:11.131+02:002010-07-06T15:25:11.131+02:00@Strum
The strategy, if I may be cliché, is volum...@Strum<br /><br />The strategy, if I may be cliché, is volume. I can sell more glyphs at 20g than the person buying me out will sell at 50g. And since he's buying me out (presumably every time) my glyphs have a guaranteed buyer while his will depend on players who want to actually use them.<br /><br />Lowering prices often increases demand. Retail stores do it all the time.<br /><br />He can relist until they sell, of course, but in the meantime I'm raking in more sales and therefore more total profit.Splathttp://myguildhome.com/WTBSpellchecker/noreply@blogger.comtag:blogger.com,1999:blog-1461700565722278823.post-21095465545835481072010-07-06T15:00:29.929+02:002010-07-06T15:00:29.929+02:00"If I have a fallback price of 20, someone ca..."If I have a fallback price of 20, someone can buy me out and repost for 50G. He made 30G profit, I made 16 (4G is the ink price). In that case he won more than I did. "<br /><br />Several times you have said that if someones buys your auctions, it's your profit and the other guy's problem. <br /><br />These contradictions are becoming too frequent to someone who reads your blog for quite some time. Maybe you're forgetting your own ideas? :)Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1461700565722278823.post-26569379383210014582010-07-06T14:50:21.409+02:002010-07-06T14:50:21.409+02:00Reading a post like this is a breath of fresh air....Reading a post like this is a breath of fresh air. I originally started reading this blog for some market tips & tricks, but recently the only posts you have made were the projects you were working on ie. the PuG, Undergeared and the Ganking guild..<br /><br />Not that i dislike seeing the progress of your projects, i do enjoy reading your analysis posts more!<br /><br />Anyway, still doing a great job on the blog! Keep it up Gevlon!Senzakinoreply@blogger.comtag:blogger.com,1999:blog-1461700565722278823.post-57012057063312176512010-07-06T14:32:33.126+02:002010-07-06T14:32:33.126+02:00If I have a fallback price of 20, someone can buy ...<i>If I have a fallback price of 20, someone can buy me out and repost for 50G. He made 30G profit, <b>I made 16 (4G is the ink price). In that case he won more than I did. </b></i><br /><br />That's an odd statement. The goal is to maximize your profit, not to minimize the other guy's. When someone buys my glyphs, I get a price I was willing to sell at, and they can use it for whatever they want. If they repost, they get to run the risk of being undercut (either by me or someone else) and paying my prices for that privilege. I've made my profit, without taking a risk that I wasn't interested in (or else I would have had a higher threshhold price).Strumnoreply@blogger.comtag:blogger.com,1999:blog-1461700565722278823.post-14103024633569030732010-07-06T14:25:31.402+02:002010-07-06T14:25:31.402+02:00@Anonymous: auctioneer fine-tunes the price better...@Anonymous: auctioneer fine-tunes the price better. QA3 is faster. I gave up some profit for some time. My profit/week suffers because of it, but my profit/hour increased.<br /><br />Also back then I was on Stormscale-EU, one of the highest pop realms with huge competition. Now I'm on a low-pop server, so I can slack a bit.Gevlonhttps://www.blogger.com/profile/07072766785893313616noreply@blogger.comtag:blogger.com,1999:blog-1461700565722278823.post-63967351383675371692010-07-06T14:19:44.589+02:002010-07-06T14:19:44.589+02:00Gevlon what about this post? http://greedygoblin.b...Gevlon what about this post? http://greedygoblin.blogspot.com/2009/10/my-pricing.htmlAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-1461700565722278823.post-42085659291991725652010-07-06T13:53:32.744+02:002010-07-06T13:53:32.744+02:00If there's one problem, imo, with your inscrip...If there's one problem, imo, with your inscription studies, it's your assumption you are actually able to push (serious) competition out of the market. I have never seen it happen during the year it's been my main source of gold. Serious scribes don't just stop selling glyphs because they have enough cash, a huge stock and automated their business for the largest part. They'll just keep going. I know I do.<br />Another assumption I have doubts about, is that the competition covers the market 24/7. In my experience they don't, which leaves room for selling "overpriced" glyphs.<br />Taking that into consideration, I think you're leaving quite some money on the table with a 20g fallback.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1461700565722278823.post-72154846338322552212010-07-06T13:17:32.841+02:002010-07-06T13:17:32.841+02:00@Eluzis:
Why don't you make the graphs yourse...@Eluzis:<br /><br />Why don't you make the graphs yourself? I'm certain if you make any, Gevlon would be more than happy to feature them in a future post, explaining either what they mean for the three strategies, or if they suck, why you're wrong. He's done it before, and graphs are quite fascinating to ponder over.Xaxziminrax IIhttps://www.blogger.com/profile/04653730368168764013noreply@blogger.com