As you can see, selling competitively hurts the player throughout the entire cycle.
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In fact, selling non-competitively is the only way to make a profit with recipe based professions.
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If you aren't willing to price non-competitively, then you might as well change your professions to mining/skinning or herbalism/skinning, because there is no way someone who prices competitively can make more money on items than someone who sells reagents alone.
Contrary to popular belief, recipe based professions can be extremely profitable, but only if you price non-competitively.
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For those of you who think the consumer is getting the short end of the stick, just remember that all consumers become sellers, and every seller sells far more items than the consumer buys.
The consumer, though it's not immediately obvious, actually benefits in the long run from higher prices, because he will have a great deal more money to buy with.best
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Monopolies and Cartels:
Monopolies and cartels are illegal in most countries, but they are perfectly fine in World of Warcraft.
Contrary to what happens in the real world, World of Warcraft is designed in such a way that monopolies and cartels will actually help the economy! Driving up prices stimulates economic growth and allows all players, not just you, the opportunity to make more money.
So here's how you create monopolies and cartels.
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If you have enough money, you may realize that you can buy almost all the lower level items of a certain type up for sale.
It is very easy to create an in-game monopoly over a portion of the Action House market this way.
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Simply buy all those lower level items and sell them at higher prices.
If you are considering this strategy, keep in mind that maintaining a monopoly can be very time consuming.
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People are constantly finding and putting more items up for sale, so you need to be able to check the auction hall every few hours to make sure no one is trying to undercut you.
So long as you keep buying people out, the monopoly will keep growing larger.
If someone decides to undercut you by a small amount, you have the choice of either buying them out and keeping a .
true.
monopoly, matching their price, or just letting it go and hope that their item will sell quickly enough that it won't affect you much.
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