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As a result, consider setting a starting bid that is significantly lower than the buyout price pride. Not so low that you'll be losing money, but low enough to entice potential buyers who are willing to wait. Keep in mind that if you receive a bid on an auction, there must be a sale.
Keep in mind that buyers will not be able to split up stacks, so make your stacks into manageable sizes. If only a small number of items are required, selling in small lots may be the best option. Stacks of four or multiples of four are appropriate when a common recipe calls for four of an item. A stack size of one can be advantageous because it allows buyers to select as many as they require without having to purchase in excess. However, if you expect to sell more than a few of the item, you should create larger stacks so that buyers don't have to place as many bids on the item. Consider offering a discount on the unit price of large or odd-sized stacks in order to sell them more quickly.
If you have a product that isn't selling well, you should consider lowering the price to increase demand. It is generally preferable to sell an item for less money and actually receive that money rather than to hold onto it indefinitely in the hope of receiving more.
When it comes to playing at the auction house, there are two main approaches you can take. The first type of speculation is buying low and selling high – which sounds simple on the surface, but requires extensive knowledge of the market to make the most of, as selecting the right items involves identifying bargains, understanding where prices may fluctuate, and also purchasing items with enough demand that you will be able to sell them again in a reasonable amount of time.
The second approach is to attempt to monopolize a specific market by purchasing out all competitors, which then allows you to set a price with a significant profit margin that anyone who wants or needs the item will have no choice but to pay.
You must keep one step ahead of the auction house in order to avoid being undercut, and if there is an excessive amount of supply, it may not be realistically possible to maintain your monopoly.
Because the market has not had time to settle, both of these methods may not be viable in the early days of WOW TBC gold. There are more players working their way through lower level content, resulting in a higher supply of items found there and a lower demand for items found in higher level content. In addition, players haven't had much time to earn gold to spend, and many will be putting their money aside to purchase mounts at the start of the game.
While particularly astute traders may be able to spot some interesting opportunities in the first month of World of Warcraft Classic, for the majority of players, working the auction house will be a more viable option later on down the road once the in-game economy has become more stable.
In your spare time, you can go farming. There are two types of farming: reagent farming and mob farming. Reagent farming is typically associated with a profession such as herbalism or mining, but you can also reagent farm while mob farming due to the large number of mobs that drop usable reagents on a regular basis. Think about farming reagents that can be turned into sellable items when you have spare time or want to try something new and exciting.
In the case of reagent farming, all classes are roughly equal. When it comes to mob farming, some classes are significantly better than others. Mages are the most effective mob farmers, as they can farm almost anywhere, including dungeons, and they can farm in groups. This enables them to pick up coin, cloth, reagents, greens, and even blues or epics (purples) more quickly. Priests (when equipped with Holy Nova), Hunters, Warlocks, Protection Paladins, and Elemental Shaman are among the other classes that excel at mob farming. Some players have even discovered ways to farm with other classes, so keep an eye out for gold farming guides that offer helpful hints.
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