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Tips on selling my leatherFollow
I have a problem. Nobody will buy my thick or heavy leather anymore. Not in the trade channel or the AH. Some help please? thanks.
Turn them into armor kits and sell them that way.
the armor kits are a good idea.
But also the price you set may be too much, even after multiple tries and various times of the week.
Consider the amount of the AH listing..if it gets to be too much, sometimes you just have to go lower on AH price. Getting some money back is better than constantly losing money for AH cut even if your price is around the going rate. One reason your leather gets returned is someone is putting it slightly lower than yours, so they sell out if they listed after you did.
To add on to what Bluegayle said...
Game commerce is just like real commerce. If you list your stuff for less than everyone else, sure yours will probably sell first but then buyers will come to expect that price. Then the other sellers will be forced to lower it to meet the demand. Then, you will grow impatient again and undercut everyone else again, and the cycle will continue.
On my server, Ghost Mushrooms were going for 10g ea. Yes, I said it. 10 GOLD EACH. Then someone took a few runs through Maraudon or the cave in the Hinterlands and drastically change the market by listing them a 2 gold each. In addition, the Darkmoon Faire came to town and from there you can buy GM's for a few silver. They were then listed for 1 gold each and there went the market.
In short, do yourself a favor and to those who sell similar materials. Be patient, match the going rate and list sparingly. They will sell.
Oh, and weekends are the best times to sell most stuff simply because you catch those who can't play during the week and you catch the "Twink" crowd.
Game commerce is just like real commerce. If you list your stuff for less than everyone else, sure yours will probably sell first but then buyers will come to expect that price. Then the other sellers will be forced to lower it to meet the demand. Then, you will grow impatient again and undercut everyone else again, and the cycle will continue.
On my server, Ghost Mushrooms were going for 10g ea. Yes, I said it. 10 GOLD EACH. Then someone took a few runs through Maraudon or the cave in the Hinterlands and drastically change the market by listing them a 2 gold each. In addition, the Darkmoon Faire came to town and from there you can buy GM's for a few silver. They were then listed for 1 gold each and there went the market.
In short, do yourself a favor and to those who sell similar materials. Be patient, match the going rate and list sparingly. They will sell.
Oh, and weekends are the best times to sell most stuff simply because you catch those who can't play during the week and you catch the "Twink" crowd.
Posting in the AH on Friday nights and Saturday morning is the best time for profit. I have made almost all my money by using the market for leather. If you play it right you can make a killing. As said before, you need to be patient.
Hmm. I'm not sure I agree about selling mats in the weekend. Sure, there are lots more players in the weekend, but this also means that many more players are out skinning, which will drive the prices down. If the price at a friday is 1g50 for a stack of heavy leather (can't remember the going prices ATM), and everybody who puts a stack up lowers the price a silver or five, you will very quickly get below the 1g mark, and as long as there are players out skinning, the price will stay down or go even lower. This is just an example. The more people who put mats up, the more the price will be lowered.
From what I have observed, the influx of mats last until monday or tuesday. At this time the extra mats will either have been bought or their auctions have run out, leaving only the regular week-players as suppliers. I start selling my mats late tuesday and stop again friday. I store the mats in the bank during the weekend. I get substantially higher prices by doing this. The only example I can remember right now is with light leather; it usually goes for 20-40s, yet by putting it up at the right moment during the week, I sold them for 1g.
Also do not put more than 3-4 stacks up at a time. Spread them out, and sell a few at a time. If you put many up at a time, and the price falls below what you set it at, your mats will just be sitting there, and you'll lose your deposity. By saving some stacks, you are able to either post some more stacks, at a lower, competitive price, or save them, and the deposity, for a better time.
Are you setting a buyout price? Most people want whatever they need NOW, and will simply skip items without buyout. I strongly suggest always putting buyout on everything (except perhaps rare epics and the like, where people will really make a bid war for it).
Another important thing is the age of your server. If it is new, the prices can flunctuate a LOT, not just though the week - that is normal - but though months or more. I ended up dropping herbalism because herbs suddenly just would not sell. I tried waiting several weeks, storing the herbs in the bank, but the situation didn't change, so I decided to take mining up instead. I don't think this is the problem for you, however, as skinning feeds more professions unlike herbalism, which is only (really) useful for alchemy.
That became rather long...
From what I have observed, the influx of mats last until monday or tuesday. At this time the extra mats will either have been bought or their auctions have run out, leaving only the regular week-players as suppliers. I start selling my mats late tuesday and stop again friday. I store the mats in the bank during the weekend. I get substantially higher prices by doing this. The only example I can remember right now is with light leather; it usually goes for 20-40s, yet by putting it up at the right moment during the week, I sold them for 1g.
Also do not put more than 3-4 stacks up at a time. Spread them out, and sell a few at a time. If you put many up at a time, and the price falls below what you set it at, your mats will just be sitting there, and you'll lose your deposity. By saving some stacks, you are able to either post some more stacks, at a lower, competitive price, or save them, and the deposity, for a better time.
Are you setting a buyout price? Most people want whatever they need NOW, and will simply skip items without buyout. I strongly suggest always putting buyout on everything (except perhaps rare epics and the like, where people will really make a bid war for it).
Another important thing is the age of your server. If it is new, the prices can flunctuate a LOT, not just though the week - that is normal - but though months or more. I ended up dropping herbalism because herbs suddenly just would not sell. I tried waiting several weeks, storing the herbs in the bank, but the situation didn't change, so I decided to take mining up instead. I don't think this is the problem for you, however, as skinning feeds more professions unlike herbalism, which is only (really) useful for alchemy.
That became rather long...
What I meant about weekend selling goes along with your thought about "buy it now" people. Friday night and Saturday morning people buy up alot of mats to get ready for runs. The market is usually fairly empty from the week and people are willing to pay higher prices to get ready for instances rather than farm or bid against others.
Just my .02.
Just my .02.
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