As you can see from the above image, I don't own 100% of the Leatherworking market on US Sargeras, but I own a good chunk of it. You can also see, how many other auctions are available for the same product, that I offer. It's about keeping on top of your little share of the market to make each and every sale, a profitable sale. You can also see, that I try and keep all of my auctions at or above 90% of Market Value.
This is not something that can be accomplished over night, because, believe you me, If I step away from World of Warcraft and take a mini vacation, someone will fill my shoes and be taking my gold to the bank! This is approximately 5 years of hard work to control this much of the Leatherworking Leg Armor Market. High End Consumables. I don't craft Warlords Craftables, I don't craft any Xmog gear and I stay away from most other things, but I do sell bags and cloaks, which no one else really does anyways.
One way of keeping the market niche mine is limiting supply, yes, I know if I post leather and other items needed for crafting they will sell. If I post those items, I am just opening the door for other crafters to take my gold. Yes I make a few gold in the process but in a sense I lose gold as well. I personally am not into giving my gold away. I sell to such a niche market of twinks and levelers now, that I cannot afford to be giving any of my market share away to some noob crafter trying to make a few gold.
Toodaloo, more later!
TSM & Leatherworking Part 1
TSM & Leatherworking Part 2
Leatherworking Insights 1
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