tag:blogger.com,1999:blog-7981535449877684497.post2349030931778191875..comments2023-07-05T04:22:53.555-07:00Comments on Stokpile: Low profit professions: Part 2Stokpilehttp://www.blogger.com/profile/07581874925422370761noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-7981535449877684497.post-77878700324845759402011-03-31T11:19:10.453-07:002011-03-31T11:19:10.453-07:00On markets and professions, I am finding that I ma...On markets and professions, I am finding that I may be creating markets. Lets face it, the addons and tools we use are no secret. I have found that I may be creating my competion. <br /><br />What I am begining to play with is lowering my fallback prices, to create steady markets that are not hugely porfitable, and therfore less attractive. I believe most casuals are not in competition with us intentionally, they are just passing tourists, look for the next "quick" way to make a "bunch" of gold. <br /><br />What I have found is my effort to maximize my profits, may be cutting into them by having my fallback so high that it appears to be a "Quick" turnover for those players, then it does not sell as fast as they want and then they just want to unload it, and the market is undercut to the floor, profit is minimal, competition goes away, then my fallback kicks in and it looks profitable again, and i am flooded with competition.<br /><br />Stok, what level would you say you generaly set your fallback too? 100gold? 50% markup? 300% markup. I am thinking 20gold or 150% mats as a general rule, whichever is greater. and 10gold on items under ~50gold. <br /><br />Great read as always Stok.Achievehttps://www.blogger.com/profile/00610554799928686683noreply@blogger.comtag:blogger.com,1999:blog-7981535449877684497.post-79404566543255539932011-03-31T04:46:40.700-07:002011-03-31T04:46:40.700-07:00Nice little series, I liked it. Personally, BS/LW ...Nice little series, I liked it. Personally, BS/LW has been a pretty awesome source of income, netting me over 100k in a little over a month. However, the entry cost is fairly steep. You have to basically be selling one of every profitable PvP piece at all times, and even getting those patterns can be a drain. If you can only afford to get and craft one or two pieces, it'll definitely take some time to start seeing profit. I think they're excellent to branch out in to, but they are certainly not the best "starter" profession.Vincehttps://www.blogger.com/profile/16496313280825113549noreply@blogger.com