20 Days of Gold Making – Day 17
Thanks to Nev of Auction House Addict for coming up with this idea.
Pets - Did you used to do the Vendor pet sales? How have pet battles changed things for you?
Prior to Mists I did occasionally have a route that I ran to obtain rarer pets from vendors that I would then sell to collectors via the auction house. I also created craftable pets to sell on the auction house. The most profitable of these being the crafted engineering pets.
After the release of Mists and the introduction of pet battles the markets for pets changed drastically. No longer were people collecting interesting pets just to show them off in the cities. No longer were people collecting these pets with the simple purpose of obtaining an achievement. Pets were now being collected to battle.
With different pets having different abilities the goal changed from collecting a certain number of pets to collecting pets with certain abilities. This had an extreme impact on the pet market by changing from perceived rarity to desired abilities. Thus previously difficult to obtain and expensive pets were no longer wanted by the pet collectors in the auction house.
Two additional changes that have effected the market are the merging of all pet collections across an account and the ability to cage pets from your collection. This has caused a flood in the pet market. Even extremely rare pets, once valued at tens of thousands of gold, can now be bought for a few hundred gold each.
These changes have crashed the pet market and changed it forever. However I believe the drop in prices may only be temporary. At this time I have withdrawn from selling in the pet market. I still continue to watch this market and study it to learn the new trends. Once the market prices have rebounded and recovered from the flood I will reenter the market. Until the I plan on watching the market and creating a new strategy that will enable me to profit from it once again.