for other ideas on the glyph market and other general tips see the free Croda's Inscription Gold Guide
There has been recent debate in the gold making community
about posting at high prices vs constant under cutting.
I would have to admit that i am in both camps!
It is worth remembering that maximising gold earnings in
World of Warcraft is not only a function of “gold per hour” but also a function
of the time a player is willing to devote to gold making vs other activities
such as questing and raiding or even levelling alts etc.
I would rather make a steady 5000 gold per day with an
hour’s work rather than making 7000 gold one day, 1000 gold the next, 5000 the
next etc and fighting the whole time to achieve this. Even if i found that the stable market earned
slightly less than the unstable market the time i could devote to other
projects whilst operating in a stable market would surely offset this.
The way i achieve this is to make my minimum glyph price
40 gold per glyph against a crafting cost of 20 gold (currently a stack of
herbs costs 40 gold, and each stack can make 2 glyphs). I have a fall back price of 600 gold (and i
sell at this level).
And hence i am adopting a strategy of splitting the glyph market.
The image below shows my Tradeskillmaster settings for posting 1 of each glyh at a minimum price of 40 gold, a fallback price of 600 gold and undercutting by 10 silver.
There are plenty of my competitors who are willing to
operate in the 20 to 40 gold range earning profits up to 20 gold per glyph sold
(which is still a good return compared to the crafting cost of 20 gold) to
generate their daily earnings from the glyph market.
By setting my minimum price at 40 gold there is one less
competitor at this 20 – 40 gold end of the market (i.e. i am not there) and
hence my competitors have it slightly easier.
Furthermore, i find that because my competitors are happy
with their daily earnings from the glyph they are less likely to camp the
Auction House to squeeze every copper out from their glyphs.
That makes for a stable market. It also makes for a market where what all
participants fear most is an aggressive new entrant and we all will fight hard
together to prevent a new entrant destabilising our market.