Are You A True Goblin Or Just A Lowly Kobold?
It's been pretty evident lately on many World of Warcraft servers that we have a new kind of gold maker trying their luck at making gold in the WoW auction houses of Azeroth. For years the WoW auction house has been dominated by the goblin personas, but recently we've had to deal with a less intelligent, foolish breed of competition invading our markets, the lowly kobolds.
Kobold is the perfect descriptor for this new breed of auctioneer.
Kobolds are less intelligent goblinoids that tend to fear the other races and are typically just a nuisance, but can be a serious problem when encountered in large numbers. Due to their lesser intelligence, their tactics often leave much to be desired and they often try to overwhelm opponents with numbers, as opposed to using sheer cunning. Kobolds also are known for trading their hard earned resources to goblins for just the basic minimums they need to survive, often bargaining away higher value items for basic necessities. Sound familiar?
The Kobold Invasion
Every major patch or new expansion release within World of Warcraft is the time for all true goblins to shine. We seek great profits by using our cunning and intelligence to plan ahead and take advantage of major market spikes. That is until some lowly kobolds get in the way and ruin that plan. These dumb kobolds will move into your highly profitable market and undercut you to the ground because of their stupidty and willingness to craft and sell for little to no profit. Some kobolds are so stupid that they will actually sell crafted products for less than the cost of the individual materials!
And in today's markets, the sheer volume of kobolds who continue to undercut blindly and drive prices down even lower only add to the problem. There are far too many kobolds in far too many of my markets to be able to buy up everything that they are willing to list for hardly any profits. Then when you do buy up all the underpriced goods, there are even more moronic kobolds there to take their place and continue posting at absurdly low prices.
So when you have a horde of kobolds invading the major markets, it's time to fall back onto our niche markets to bring in more for our gold making strategies. That is until some foolish kobold finds out about it and comes and trashes that market too. Maybe a better option is to just hang onto our items that will sell for great profits until after the expansion launches when the even bigger demand spike will be able to absorb more higher prices and more sales volume.
Are there Kobolds invading your auction house markets?
Check out some of my Squidoo lenses: Alliance Vs Horde - Come Vote! | Diablo 3 Gifts For Gamers | Getting Started Podcasting 101 | Play Money by Julian Dibble | Auction House Junkies | Fluxx - My Fav Card Game
Recommended Gold Guides: Secret Gold Guide | Journal of Marcus Ty | WoW Secrets
You No Take Big Profits! |
It's been pretty evident lately on many World of Warcraft servers that we have a new kind of gold maker trying their luck at making gold in the WoW auction houses of Azeroth. For years the WoW auction house has been dominated by the goblin personas, but recently we've had to deal with a less intelligent, foolish breed of competition invading our markets, the lowly kobolds.
Kobold is the perfect descriptor for this new breed of auctioneer.
Kobolds are less intelligent goblinoids that tend to fear the other races and are typically just a nuisance, but can be a serious problem when encountered in large numbers. Due to their lesser intelligence, their tactics often leave much to be desired and they often try to overwhelm opponents with numbers, as opposed to using sheer cunning. Kobolds also are known for trading their hard earned resources to goblins for just the basic minimums they need to survive, often bargaining away higher value items for basic necessities. Sound familiar?
The Kobold Invasion
Every major patch or new expansion release within World of Warcraft is the time for all true goblins to shine. We seek great profits by using our cunning and intelligence to plan ahead and take advantage of major market spikes. That is until some lowly kobolds get in the way and ruin that plan. These dumb kobolds will move into your highly profitable market and undercut you to the ground because of their stupidty and willingness to craft and sell for little to no profit. Some kobolds are so stupid that they will actually sell crafted products for less than the cost of the individual materials!
And in today's markets, the sheer volume of kobolds who continue to undercut blindly and drive prices down even lower only add to the problem. There are far too many kobolds in far too many of my markets to be able to buy up everything that they are willing to list for hardly any profits. Then when you do buy up all the underpriced goods, there are even more moronic kobolds there to take their place and continue posting at absurdly low prices.
If you think you farmed the materials yourself and therefore they cost you no crafting cost, you are a kobold!With so many kobolds in so many markets post Patch 5.0.4, the demand spike can't handle all of their foolishness. Usually the spike in demand can absorb the lowball prices easily because of the ability to buy them out and just flip their items for the correct prices. Lately the major markets seemed to becoming more and more saturated with so much stupidity that the demand can't keep up. Even my Potion of Treasure Finding Barking Strategy is near useless thanks to the kobolds crashing my market prices from 225 gold per potion (and selling) down to 80 gold per and the prices are dropping daily. The required Heartblossoms alone can barely be purchased for that price!
If you thinking walling glyphs down in batches of 10s and 20s for only 6-15 gold each is wise, then you too are a kobold!
If the demand spiked glyph market is seeing sales at 300 gold or higher per glyph and you decide to post 20 of each glyph at 20g each, then you are a kobold.
If you think selling crafted items for less than the sum of the required materials is a good profit strategy, then you are a kobold!
So when you have a horde of kobolds invading the major markets, it's time to fall back onto our niche markets to bring in more for our gold making strategies. That is until some foolish kobold finds out about it and comes and trashes that market too. Maybe a better option is to just hang onto our items that will sell for great profits until after the expansion launches when the even bigger demand spike will be able to absorb more higher prices and more sales volume.
DON'T BE A KOBOLD! |
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Check out some of my Squidoo lenses: Alliance Vs Horde - Come Vote! | Diablo 3 Gifts For Gamers | Getting Started Podcasting 101 | Play Money by Julian Dibble | Auction House Junkies | Fluxx - My Fav Card Game
Recommended Gold Guides: Secret Gold Guide | Journal of Marcus Ty | WoW Secrets