Herb Prices Jump

Word Finally got around about Inscription it seems.  I was doing a few final preparations for completely Dominating the inscription market last night (this morning, whenever – I’m not getting nearly enough sleep) on my banker.

Moneybaggins was browsing through the herb market just like he has been for weeks looking to pick up another couple dozen stacks of herbs, but the market has already gone rock hard.  It may just be an anomaly, but that is highly unlikely considering the hubbub that’s been taking place in every single forum you can think of.

You can see in the screen shot above that prices have gone even higher already than I expected.  I predicted a 300% increase, but six pages of herbs are averaging well over 500% increase in the last 24 hours alone.  Who can say what’s going to happen after the patch goes live?

What does this mean for you?  While Gavin and I put the finishing touches on Inscription the only thing we can all do is really sit back and wait a few more days.  Unconfirmed sources on the PTR say that patch 3.0.2 will go live with Tuesday updates on the 14th, although it could be just next Tuesday on the 7th.  Frankly we are hoping for an extra week.

But I have a couple of tips for all of you in the meantime.  First, for those of you who have been savagely hoarding herbs for weeks, be sure to run scans with AADV every day.  This is a must.  (And don’t make me get on my soapbox AGAIN about that one :)   )  Next, return to the article we did about LilSparky’s workshop if you haven’t already and get familiar with the interface and using that one.

Personally, if you don’t plan on doing Inscription (which is a HUGE mistake) you might start to trickle herbs onto the market now a few 5 stacks at a time at ridiculous prices.  This will help inflate things a bit even before the patch goes in and demand goes nutsoid.

Save the vast majority of your herbs until Thursday if you can stand it, and don’t flood them all into the ah at the same time.  If you’ve got 200 stacks of herbs, put about 5 a day into the market now at something like 5 to 10 times more than you bought them for.  They probably wont sell yet, but it will cause the lift you’re looking for.  People are Lemmings for the most part, and they like to play follow the leader.

Wait at least 24 hours after the patch and then start popping the rest of your flowers on the AH no more than 20 stacks at a time.  Try to stay at about 95% of the AADV market value if you can.  This may mean wiping your data and starting fresh (although it hurts my teeth to say that).  It would be better to keep your historical data, however, and just do a little manual browsing to look at the market rates as they go up.

If you can average a 300% markup and sell out everything you’ve got it would turn 5,000 gold worth of herbs into 15,000 gold.  Plus, you should be able to make that run in about a week.  To date, I’ve bought and/or farmed roughly 550 full stacks of herbs of all the various levels.

But not a single leaf is going on the AH.  I got plans for those little piles of plants, and selling them isn’t one of them.  But if you’re just about feeding your herbs back into the market for a good profit that’s just fine.  It’s not the best way to go, but you WILL make a lot of gold that way.  I just thought I would let you all know that the herb rush is on in my main server, and I expect it’s that way on almost all the others.  If not, it will be very soon.

And don’t worry, we’ll tell you what to REALLY do with all that stuff very soon.  Until then, grab every herb that any noob is selling for a decent price and get ready to Dominate!

Previous post:

Next post: