Thread: Pricing for enamels and inlays

I've just noticed that the AH on my server has literally no enamels on it. I was just wondering what sort of prices I should be looking to sell some for. Bear in mind that it's a seller's market for scholars stuff on this server (good potions are selling for 100s each or more, refined fire oils 25s each, burgandy dye 200s, black dye 750s etc. etc.) so think towards the upper range of what a RK would be willing to pay. I was thinking I'd post some red enamels for 200s each to see if they sold, but they're only a one time use (unlike fire oils which last for 15min) so idk if anyone would actually be willing to pay that much.

Also, similar question for inlays - what can they sell for?

Since there is no history report like Eve Online has. There is no way to determine what volume or prices are currently for this item on your server. You will have to make some. Pick a price. See if there is any demand. If there is demand what people are willing to pay. It may be there is no demand for these items on your server.

I group with a bunch of Runekeepers they do not have. No longer use these items.


My recommendation one piece. Price it outrageous. Keep lowering the price day by day until someone buys it. Based on what was paid determine if it worth your trouble a few more. Try and sell them. I would not make a lot of them. It may be there is very little demand.

Originally Posted by Yula_the_Mighty

My recommendation one piece. Price it outrageous. Keep lowering the price day by day until someone buys it. Based on what was paid determine if it worth your trouble a few more. Try and sell them. I would not make a lot of them. It may be there is very little demand.

I'll disagree with Yula on one point: Don't just price it outrageously, know how much it's worth to you and then price it outrageously.

Before you even make the first one, figure out how much it costs you to make it - materials, time, effort. For the materials and time especially, figure out the opportunity cost. You chose to make this item, but could have used the resources for something else, or even sold the resources themselves on the auction house. You either spent time tracking down those resources or money buying them.

That may be the deal breaker right there - for many items you'll be in better shape selling the raw materials than selling finished product. Raw materials have a disproportionate value in MMOs because buying raw materials = crafting xp gained and/or gathering time saved.

Once you have a base cost on making the item, figure out the cost of selling it. Listing it on the auction house is going to cost you a percent of the vendor price every time you list it (I believe 40% for 48 hours, but someone correct me if I'm wrong). Actually selling it will result in 5% of the sale price paying for the auction.

If you're planning to sell via /trade channel, factor in the time you'll spend announcing it and even the money you'll spend traveling to/from the place you'll sell it. For example, if you're selling in the 21st Hall but normally hang out in Enedwaith, factor in travel costs, even if it's just travel rations consumed by skills.

You should now have a minimum value on the item. Is the minimum value already priced outrageously? If yes, don't make it. This is very much the case for a disturbing number of items.

If no, follow the steps Yula outlined above.

If all the above is too much, just pick a price and go with it.

Originally Posted by MCorey

I'll disagree with Yula on one point: Don't just price it outrageously, know how much it's worth to you and then price it outrageously.

It is really up to each person. Without any history information. No current auction. You are clueless as to what the market will bear in volume and price. You got to find the sweet spot. The price at which you can move product and squeeze as much silver as possible out the customers. There is two ways to find it.

1) You can start at an outrageous price. It does not sell. Lower the price.

2) You can start with a low price. It sell. Raise the price until it does not sell.

People being people. You are better off. Start high and lower the prices.

You have to understand my pricing. I am often appalled at the prices that people are willing to pay. Typically I can find customers that are willing to pay much more I will would pay for the item. I could not acquire it myself. I do without.

The Symbols used to make level 65 second ages often sell for 30 gold on Meneldor. The fragments - you need five. They are often two gold each. I think that is outrageous. You still need a Mithril flake. That puts an "unknown" no id level 65 second age in 20 - 40 gold range. You can buy a third age for 250 silvers.

Yet the extraordinary hides for tier 6. There is no market for them. It is completely flooded. I am about to burst seems with tier 6 tailor mats. I made a set of 3 critical result level 65 banners for every captain in the kin that wanted a set. I bet I could sell a bunch of these for a decent amount of silvers. I got so much gold. It is not worth my time to make and sell em.

Final Note - You are using Scholar mats. These are pricey. You can make a decent living selling the raw mats. The price needs to outrageous to justify the consumption of extremely materials. There is no point in making scholar products unless you can squeeze the customer. Scholars will pay lots of silver for the mats.

If I'm selling a stack of some consumable I usually just start at 1 gold. If people keep buying, I might start raising it 250s each time until people stop buying it.

The reason there isnt any enamels or inlays for sale is because there is no demand for them - at least not at the prices you are talking about - they are nice for a RK to have - but they are not essential - specially since they are used up so quickly - if i bought a enamel for a gold piece (something i would NEVER do) but if i did - i would never use the sucka - i would frame it and decorate my house with it - its too expensive to use - I just rolled a scholar alt and he makes my RK stacks and stacks of Enamels and inlays for free - I also supply a mate in exchange for mats and other commodities - you might get a few new RKs to bite and buy a few at those prices - but once they see what they do - they will either find a way to get them cheaper (like roll a scholar or friend one) or just not use them as there is not one time when i said - if i only had an enamel i would have won that instance or beat that boss or stayed alive - they only aid what you can do - they dont do anything that you cant do already - they are just a time step - I would buy a stack of 20 red enamels for 250 - 350 sp - maybe - ....... actually i wouldn't even pay that.

I would roll a scholar and level him up to SM and make my own potions -dyes-enamels etc...


D

What do inlays actually do. I sell silver inlays around 2 for 100 max. But about 60% they expire without being sold. I sell them as little as 2 for 80.

Originally Posted by eddiem4145

What do inlays actually do. I sell silver inlays around 2 for 100 max. But about 60% they expire without being sold. I sell them as little as 2 for 80.

Inlay allows a Rune Keeper to execute a single induction skill without interruption. I do not think there is much demand for inlays.

Enamels allow a Rune Keeper to attune quicker. That way you unlock Epic Conclusion faster. I would think enamels would be mostly something a level capped RK would use in the Moors to get a kill on a Creep. In PvE they are too expensive to use in solo content. In group content, Rune Keepers tend to pull aggro because of their damage output. Rune Keeper tanking ususally = soon dead RK.