Sunday, April 25, 2010

Felsteel Shield Spike - Update

Ok, I have learned a few things. First, I own this market on my server. I haven't seen anyone else post a felsteel shield spike since I started paying attention. Second, people will not pay 400g for this spike. Third, there is at least some interest (someone was interested enough to put my auction house character on their friend list, because I only log in for about 1-2 minutes on that character, and they whispered me during that time, asking me to reduce the price).

I had put them up at such a high price (400g) as an experiment, involving advertising with a macro. I generally post twice a day on this character, and when I do, I click a macro that says something like, "Want to level your paladin or warrior tank in style? Consider using Felsteel Shield Spike, a luxury item with a luxury price. No level requirement."

The results? I haven't sold one. That's ok though, I did learn something that I wouldn't have known if I hadn't tried: I won't be missing out on gold if I sell them for a lower price. Plus, I might end up getting some auction house flippers to try to buy and resell them when I lower the price to 199g. Here's hoping :)

In the morning, I'll change the price to 199g and from there will continue posting one every 12 hours along with a macro click... I'll see where that gets me. As far as material cost goes, I am looking at 10g per primal fire, 1g per primal earth, and 10g per felsteel bar. That comes to 84g to make each shield spike. I have ten made, I don't think I'll be crafting any more until I can sell the ones I have.

1 comment:

  1. Mini-update: the first felsteel shield spike I listed for 199g sold :)