Originally posted by omegadethh7

Can we trade in the blizz cash for prizes like at a chuckie cheese?

Yes you can use funds to buy stuff from blizzard such as subscriptions etc, i would imagine stuff from the bliz store.

Originally posted by dubyahite

Originally posted by borkenvideo

Originally posted by dubyahite
Oh and another thing, people keep saying "durr it's basic economics and business duh. Take a business class idiot. Geez "

From what I understand, businesses tend to pass their costs on to their customers. If costs go up, so do prices. This is what I have been saying.

 

Wow you are the biggest troll ever... No doubt about it..

There is no concern about the cost to player, or how the player can pass on the cost to the buyer lol.... The point is what the HIGH PRICE does to the OUTSIDE market.. Drill a hole in your head and let out the air man.

Your giving me business tips? I have been in business at the same location for over 50 years. I have a feeling you're not even in business.

 

 

 

Say's the guy on an alt account stirring up crap on the Diablo forums.

 

Anyways, if you've been in business for 50 years, you understand and can appreciate the need for a company to make a profit off of their products.  

Also that makes you what 60-70 years old? 

Oh, nevermind. Your profile says you're 22. 

Your still talking about a profit, like that is the topic, the fee or blizzards income has nothing to do with this topic, why are you even here?!?, its like going to a dog race and your talking about hot dogs.. WTF?!?!

If you read anything i posted, which obvious you can't comprehend, Blizzard loses 45-50% more money by overcharging. I've read enough to know your pointless and paid to troll and boost count... welcome to the ignore list, btw im 66

you forgot to muliply by 3, thats internet rule yo dog. trolls should know that

Originally posted by dubyahite
Oh and another thing, people keep saying "durr it's basic economics and business duh. Take a business class idiot. Geez "

From what I understand, businesses tend to pass their costs on to their customers. If costs go up, so do prices. This is what I have been saying.

Wow you are the biggest troll ever... No doubt about it..

There is no concern about the cost to player, or how the player can pass on the cost to the buyer lol.... The point is what the HIGH PRICE does to the OUTSIDE market.. Drill a hole in your head and let out the air man.

Your giving me business tips? I have been in business at the same location for over 50 years. I have a feeling you're not even in business.

Originally posted by dubyahite
YOU AREN'T EVEN TALKING ABOUT THE SAME THING AS ME BORKEN.

Geez.


When people are complaining that they are going to get hit for 30% when they sell, I am simply pointing out that they should pass on the transaction fee to the buyer.

You are talking about gold sellers, I am talking about avoiding both fees from blizzard so you can make more money selling.

HOLY CRAP.

Why are you saying this though? Who cares? Its irrelevant, its not the fee we are talking about, its the fact the fee is too high.

Originally posted by dubyahite
Oh and another thing, people keep saying "durr it's basic economics and business duh. Take a business class idiot. Geez "

From what I understand, businesses tend to pass their costs on to their customers. If costs go up, so do prices. This is what I have been saying.

That's where you are totally wrong. this market is 100% cornered by them.. they just opened it to the masses.. if your jug of water leaks.. do you still have 100% of the water? Every drop of water they lose, is their loss... Do some calculations, At what percentage can they lose before its obvious lost income?

Hint the answer is 0.01%

If they averaged $100,000 a month profit in auction sales..

If 10% of all gold was sold outside not thru the AH, thats $10,000 in lost action. $3000 they lose

So if they lowered their cost by 10% thats what? $97000 only... But they will ruin the 3rd party marking, bring back in 10% more business, which means they do $117,000 in profit.. +inflation do to the opposite effect of not having deflation to compete with another market.

Its really simple to see, when you have a CORNERED market how easy it is to lose money being greedy

Originally posted by Grailer

Gosh you guys are ignorant.

 

If you read properly.

 

When you make the auction to sell you choose  CASH or BLIZZ$$

 

When your item sells you pay $1 + 15% of the Total Sale  to blizzard . Then you either get CASH or BLIZZ$$

 

There is a 2.9% charge from paypal .

 

You dont pay 15%+15% lmao.

That is not true, last week they announced the 15% / 15%,

As for the $1 + 15% you state is also wrong, its $1 per armor or weapon piece (single stack items) 15% for all STACKABLE items like essence etc.

Next its exchange cost + blizzard cut.. It does not mention what cut this is.. but last week it was flat 15% until they had to do the legal mumbo jumbo and not state what Paypals cut was.. so now they reworded it.. payment fee, plus blizzard cut.. So you have no basis to state its anything other than 13.1% as that has been the fact stated earlier.

As for my speculation I am talking about gold sales, which will eventually be higher than 35% at these rates... This is a gold sellers wet dream... To get this chance.... It will flourish and gold will sell so much outside, it will hurt internally big time

Originally posted by dubyahite
@borkenvideo

"Why do you assume we are against the Auction House?"

I didn't say that, not once. I was simply showing you that sellers should pass the costs off to buyers and that it should be expected that Blizzard would monetize the ah.

As far as being a shill, according to this site I work for Bioware/EA, Blizzard, High-res, SOE, and probably Zenimax soon for not absolutely freaking out about TESO Can't disagree with the hate parade around here without being called a shill.

Oh its common? Maybe you should realize your possibly just not so bright and should spend more time listening to people with common sense instead of telling others how wrong they are and back that statement up with meaningless nonsense that contradicts the point or is not at all related to it? Just saying...

Here's some food for you.

1. I WANT Blizzard to make a profit and keep the game running long time.

2. I WANT the auction house to be successful, and EVERYONE to use it, whether to make money to pay cell phone bill, or trade their nice weapon of no use for one that they can use... Or even play WALL STREET and make a mint speculating currency exchance rates, buying and reselling etc...

3. I WANT the player base to have an amazing time.

Now you all mostly make me out to be some kind of monster when the fact is, I can see something clearly wrong, that won't help the situation at all, and if Blizzard had any truth to their statements they are making a big mistake, or possibly they have been lieing to keep the fact down they want long term revenue and this was the goal behind it... Either way... its wrong and I will tell you why..

Because... By inflating the cost too high, creates the 3rd party market, the lower they make their costs, the harder it becomes for the 3rd party market to succeed.... The more profit there, the more they can invest and hang... This is long term hurtfull... Gives them a good boost at the start.. This will in fact COST BLIZZARD TO LOSE MORE MONEY.. dont you see that?

If you sell 9000 turkeys at 50 cents, thats $4500, blizzard makes $1350

If 35% of 9000 turkeys sold outside that means, 3150 turkey sales were lost, $2925, blizzard makes only $877.5

But its even less than that, because turkeys will NOT SELL at 50 cents, more like 40 cents due to deflation... $2350, blizzards cut $702

Amazing, by Blizzard CHARGING MORE, they create the 3rd party market they stood to destroy, and lose 50% proceeds in the process of doing so...

Of course maybe we should see who owns these sites that sell the gold, such as PLAYERAUCTIONS.com?? Did not IGN own this site?

Originally posted by Emeraq

Originally posted by borkenvideo

Originally posted by Emeraq

30% is 30 cents on the dollar. Take a 10 dollar sale as an example, with a listing fee of one dollar and the 30% on a 10 dollar sale you are still turning a profit of 6 dollars, which for you is what? 600% profit? The item you sold cost you zero. (NO you can't count what you paid for the box as cost, as it's a game you are playing, you'd probably play it without the RMT)

Here's the math, they get one dollar for the listing, and 30% of $10 is 3.00. $10-$4= 6.00

You are making money for something that you don't own, something that isn't real, something that doesn't exist anywhere but in a video game....  Can we cry anymore over hobby time money?

 

You're not understanding the point of the Diablo 3 RMAH has always been promoted as to stop the outside exchange, the scamming, the fraud, etc. This percentage is not going to help stop that, in fact at these rates, I think a billion asians are estatic that they will soon be in business.

I will not be buying gold or items, this means nothing to me, but I can clearly use common sense to know that any kid and his money will be buying 150,000 gold for $10 instead of 135,000 gold for $17.55 on the Blizzard system..

 Are the prices on gold and items fixed by Blizzard? It was my understanding that we can list items at whatever price we want... So if a gold farmer sells 150,000 gold for 10, undercut it and sell the same amount for 9.  Yeah, you the seller, aren't making 10, you aren't even making 9, but the point is you ARE making something.  Something > 0 

Oh so you want to debate? Heres some real world stuff for ya..

Economics... If 35% of all gold is sold OFFLINE in 3rd Party market, thats 35% sales less on the RMAH, which means DECREASED PRICED INCOME FOR YOU as sellers have to DROP prices to compete against the offline sellers who are offering LOTS MORE for LOTS LESS... This creates deflation, and it makes buyers cautious and also teaches them against impulse sales, as they speculate and shop before buying... Bottom line.. it costs you... probably in the amount of 15% once your price drops that low...it wont matter as much...

If Blizzard drops the price 10%, that brings back 35% outside sales down to about 10%, makes it harder to sell outside because you have security, and then they make even more because of the LOST DEFLATION

Thats economics... Learn it.. love it.. Charging 30% is going to blow up in their face...

Originally posted by dubyahite
@killsmall

I'm not going to buy from gold farmer sites ever. Period. So yeah it doesn't matter what people are selling for.

Yeah my math was off, but so is yours. A another poster pointed out it not 30%, it's 27.75.

The point of my post was about passing the transaction fee on to the buyer. I doubt you will be able to pass the withdrawal fee on them too. If you read my post you would know that.

The point is that the buyer should eat the transaction fee. If sellers are smart the market will allow for this.

And of course this doesn't apply to items such as weapons and armor as those are a flat $1 fee.

Either way, it doesn't really matter. We are talking about getting paid for virtual items in a damn video game. If I can make a few extra bucks doing something I do for entertainment then it doesn't matter if they take a cut. It's a freaking game. Get over it.

Why do you assume we are against the Auction House?

(tinfoil)I starting to believe everyone who brings up this point to get over the fact Blizzard is taking their cut is a Blizzard Corporate troll who was expecting this... (/tinfoil)

Originally posted by insanejosh

Some people really need to learn how to read.

Most people are going to be selling and buying Equipment on the RMAH. The only time you are being hit with 30% is on Commodities. The only Commodities I really see selling on the RMAH is Gems.

Also, what the hell is with all the QQ? You are selling items, maybe you need maybe you dont, that just cost you time playing a game you enjoy and you get to make a little cash. Hell its a win win situation.

If you don't understand why they get this percent or why they charge this amount, you need to go take some business courses and learn that not everything is free.

 

For Equipment (weapons, armor, accessories, and other unique items)

• Transaction Fee (Gold Auction House): 15% of final sale price
• Transaction Fee (Real-Money Auction House): $1.00 USD per item / $1.00 AUD per item
• Transfer Fee (when sending proceeds to PayPal or other authorized payment-service provider): 15% of amount being transferred

 

For Commodities (gems, materials, dyes, pages, recipes, and other non-unique items)

• Transaction Fee (Gold Auction House): 15% of final sale price
• Transaction Fee (Real-Money Auction House): 15% of final sale price
• Transfer Fee (when sending proceeds to PayPal or other authorized payment-service provider): 15% of amount being transferred

 

 

 

 

Pretty sure its YOU who needs to learn how to read.

Your first fact wrong is that weapons and armor sell for $1.00 flat rate fee and only if sold.. Any other STACKABLE item is charged 15% fee on the RMAH and that everything sells at a price.

Even if you got that right.. you failed at the entire topic of this post.. These fee's do NOT discourage outside sales whatsoever, and that was the whole point of this system, and I also think you should go view the youtube panels, where the VIP of online tech, is constantly stating the entire point of the auction house is to COMBAT outside selling and to keep prices chargead from BLIZZARD as low as possible..

30% is not as low as possible.. its nowhere even near a LOW statement.. 15% would be TOP debatable. and that would not be LOW.

30% is LUDICROUS

Originally posted by colddog04

Originally posted by dubyahite
@charlizzard.

Again, you would be a "bad seller"

Pass those fees on to your buyers. Build the fees into your auctions. Problem solved.
 

The market is competitive. You don't just get to "choose" your price and actually get it. The price is determined by supply and demand, not an arbitrary number you make up.

He's probably a bean counter that doesnt even use the average ticket sale in his equation to profits..

Gotta love them guys, Some dude told me, that to save the $150 a day I lose to Ebays new june 1st rule, to raise my prices by 25 cents per auction and I will actually profit.... if i followed his amazing free advice and my sales stayed the same, i would only lose $129.00 per day... Thanks there mr bean counter.. how come you have no store and only 3 ebay feedback BTW? is what i asked him... (He failed to see the $89.00 average item price into the equation, considered me to be selling some cell phone skins or something at $2.99 lol, and thinks that the numbers will stay the same regardless of item sold.)

As I always say.. most are all talk, lets see the obvious come next month... wont be for a while, they stated RMAH wont happen till a week or more after launch, and im guessing that will be delayed....

Originally posted by Slampig

Originally posted by borkenvideo

So we find out new tidbits today about the Diablo 3 Auction House and fee structure.

Two interesting new facts get released to us.

1. The max you can sell any item for is $250.00

More stupidness, if your account goes over $250.00 battle funds, you have to cash it out if you want to do more transactions..

Thus, forcing you to pay fee's and get tracked, and whatnot, and mostly not be able to play any sort of Foriegn Exchange games.

2. 100,000,000,000 gold is the most you can sell at a time.

I guess this means that 100,000,000,000 gold = $250 right now... Kinda sad.

 

More problems, 15% to sell it, and 15% to cash it out.. Means, I think most people will be dealing outside this RMAH system that is suppose to stop people from going outside and getting scammed.. Great job Blizzard, you say one thing and do another...Sorry no way can I justify 15% cash out... I'm a bit peev'd at these announcements today... Nothing this system does is for us, its all been a sham. The only winners here is Blizzard. Because they will force it outside and probably ban and clean up outside forces to keep the economy in check for their internal gains.... So much for the player... Last minute bs explained to cover their asses, trying to sneak it by us lol.

 

Might just be me, but I have a feeling they didn't design this with you quitting your job and "playing" D3 full time to make a living... And really, you are upset over there being a $250 limit? I don't nkow, but if someone gave me $250 for selling freaking polygons, I would be kind of stoked...

You might be stoked, but when johnny asian is selling the "Sword of Diablo's Death enchantment" for $500 outside the AH only, and you want it.. Let's see what happens :D Get ready to get scammed... Limits create fraud. We learned this 10 years ago.

Originally posted by colddog04

I tend to think people will pay a premium in order to feel safe about their purchases.

 

Could outside sellers sell items for less? Sure. But if it means I have to pay $1.50 extra to Blizzard to do it legally, I will.

Legally? Its not illegal, regardless of what these companies try to claim to do this outside... :D With proper wording anyhow.

Originally posted by colddog04

Originally posted by dubyahite
I'll try to be more clear about this.

The 15% sale fee is going to be absorbed by the buyer.

The 15% withdrawal fee is going to be absorbed by the seller.

Noone is going to get hit with 30% fee unless they are a really bad seller.

Like if they bought their own item? :P

The guy is on drugs, if i sell gold, i get charged by blizzard 15%, then i cash out that money, i get charged 15%. He's like a CPA, thats how you go broke and they get rich...

Originally posted by TGSOL

You make a good point about this potentially failing to kill the illegal third-party market; why sell at the AH when you have to pay Blizzard twice if you can sell it outside the RMH and get 100% of the profit?

 

Your average user will not likely go this route, but then this system was (supposedly) never designed to deter the "average user" from selling wares illegally; it was meant to deter actual farmers, and it is those very people who are most likely to look at this system and say "why sell it in the RMH when we can just do things like we've always done and earn 100% of the profit?"

Thanks, I was giving up hope on mankind and common sense being possible.
 This is exactly what will happen, and outside sellers will not have a limit price, or fee other than their 2.9% credit card fee if they have that (at most)

So 3% outside source will be weighting in against 27-30% Allowing outsiders to undercut by over 25%!!!!!! 25% more gold for your money... Way too high of a cut to drive off their scammers....

Originally posted by Emeraq

30% is 30 cents on the dollar. Take a 10 dollar sale as an example, with a listing fee of one dollar and the 30% on a 10 dollar sale you are still turning a profit of 6 dollars, which for you is what? 600% profit? The item you sold cost you zero. (NO you can't count what you paid for the box as cost, as it's a game you are playing, you'd probably play it without the RMT)

Here's the math, they get one dollar for the listing, and 30% of $10 is 3.00. $10-$4= 6.00

You are making money for something that you don't own, something that isn't real, something that doesn't exist anywhere but in a video game....  Can we cry anymore over hobby time money?

You're not understanding the point of the Diablo 3 RMAH has always been promoted as to stop the outside exchange, the scamming, the fraud, etc. This percentage is not going to help stop that, in fact at these rates, I think a billion asians are estatic that they will soon be in business.

I will not be buying gold or items, this means nothing to me, but I can clearly use common sense to know that any kid and his money will be buying 150,000 gold for $10 instead of 135,000 gold for $17.55 on the Blizzard system..

So we find out new tidbits today about the Diablo 3 Auction House and fee structure.

Two interesting new facts get released to us.

1. The max you can sell any item for is $250.00

More stupidness, if your account goes over $250.00 battle funds, you have to cash it out if you want to do more transactions..

Thus, forcing you to pay fee's and get tracked, and whatnot, and mostly not be able to play any sort of Foriegn Exchange games.

2. 100,000,000,000 gold is the most you can sell at a time.

I guess this means that 100,000,000,000 gold = $250 right now... Kinda sad.

More problems, 15% to sell it, and 15% to cash it out.. Means, I think most people will be dealing outside this RMAH system that is suppose to stop people from going outside and getting scammed.. Great job Blizzard, you say one thing and do another...Sorry no way can I justify 15% cash out... I'm a bit peev'd at these announcements today... Nothing this system does is for us, its all been a sham. The only winners here is Blizzard. Because they will force it outside and probably ban and clean up outside forces to keep the economy in check for their internal gains.... So much for the player... Last minute bs explained to cover their asses, trying to sneak it by us lol.

You sir, sorry to say obviously don't know your consumer rights. Anyone who wants a refund should contact their bank if credit card was used.. Nothing to complain about... Simply file a form and sign it, don't commit any lies, or crimes in doing so and get back to normal life.

Now with that said, I have no backing to whatever topic this is.. Marketing is marketing, I have always felt selling beta access is a bad move, but companies gave up caring long ago.. Its numbers and thats the final line. They know what they are doing.

I am just saying, if you really don't like tihs game, and want a refund, just because the company says no refund don't make it the law. And not having a product in your hand already, kind of makes that hard to defend. In the USA of course

Any company whatsoever that offers a pre-order with no ability to cancel deserves any flack they get regardless of said issue or confusion etc... Any business, any item, regardless. If not in hand... refund if desired... End of story..

And to those that care, you have consumer rights.. use them and get your refund. If you used a credit card, contact your bank and you'll see just what rights you have on non tangible pre ordered items...  You also have state consumer laws...

Any company can say anything, their statements do not trump laws.. But you have to do the legwork.

Have a nice day all.