The problem is rank 1 should be mats, rank 2; rank 1 item + additional mats, rank 3; rank 2 item + additional mats, etc.I did the numbers, because I was late to the party the cost of levelling the profession is several times more than the value of the items you craft. Because the demand for the items is now low and because people have to make 15 crafts per rank, per item there is just way more supply than demand and the lower rank items are junk.
The money I'd lose going from rank 1 to rank2 on a single item is enough to pay for a rank 4 piece sold on the AH. So I just bought the pieces from the AH for my main and my alt and saved myself the hassle. The ranking system is awful because it just requires you to waste an incredible amount of materials for items that are almost worthless and will lose value with each day that passes.
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I'd argue that things are just too easy to make, whether you want to blame that on abundance of materials or low cost of crafting is up to you but its simply too easy to make things thus the market gets absolutely flooded.The problem is people are fools, impatient and complete morons. Instead of waiting it out cause legendaries do sell for the listed price some smart fool will come along and crash the market hoping for a quick sale. Then another person comes along undercutting him thus keeping prices low. You see that across every market. Many are just looking for a quick sale. Cloaks we’re going for 200g/piece while the 8 shards needed alone cost 1000g. The 235 ilevel were selling for 6k g. I managed to pick one up to keep till I farm the souls ash. However one day I noticed that the market got reset and went up to 45k. Listed my 235 cloak and it sold within hours. A few days later the market crashed hard again back down to 6k. So it’s not like people ain’t willing to pay the listed price. You just have a bunch of fools trying to crash the market to make a quick sale. No idea why they do it cause their items will sell sell at a higher price.
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I don’t know anyone who does that but I always though the system favours no lifers who camp the AH 24/7. That is exactly what happens. I got into the legendary market late. Been levelling a few LW and BA pieces. LW has been great so far. Have levelled up a few armour slots to rank 2 where it’s slowed down now. Made a small profit on each however you frequently have people cancel scanning within minutes of listing the item. Doesn’t matter what time of day as well. You can only do this if you are in front of the AH 24/7.
Those that can do that and with how the AH is designed control the markets.
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Well firstly there is no barrier to entry. Anyone and everyone can come in and level up a profession skipping the last 8 expansions. Most people never bothered with professions cause past expansions had really hard bottlenecks and were a huge loss since no one bought the crafts. You ended up vendoring them. Tailoring is the easiest to level and there are so many tailors. There is an abundance of cloth with all the farmers, rep and BoE farming groups. Whenever I pass by Revendrenth there is a group of 4-5 Boomkins farming the Venthyr up on the castle.
I was crafting bags the other night and you had 500+ different people list their bags for auction. That’s crazy. Imagine how many more have Tailoring. People just are plain stupid and don’t care. Like someone on my realm was giving away the 225 Cloth shoulders for free cause she couldn’t sell them. People just don’t care.
But the realm problem is the no barrier to entry for each profession. In the old days you would. Have had to craft Legion, BFA, etc to get into Shadowlands. Now a fresh 50 can pick up Shadowlands and leave it up with no drawback.