Take "CANCELLED AUCUTIONS" into account or make a source new source "Numfailed" = Numexpires + "Numcancels"
Hello team! Me & some friends would like to propose a new formula to implement in TSM4 for make awesome (min, norm, max) price settings in Auctioning Operations.
Now we have the value source “Numexpirations”. That source takes into account the expired auctions but don’t take into account the “Cancelled” auctions.
Then, when We want to create a Price Setting which will take into account AH taxes to have a broader vision for price decision making we can’t do it. We can only implement expiration ones.
Let we explain it. When we put to sell an Item on AH, it have more or less 15% taxes for 12H, 30% for 24 & 60% for 48h based on Vendorsell price. For us is a cost to take into account to make price settings that will help us make decisions when the market is competitive.
For example in Auctioning operations I could take into account all AH costs and have more safety 120%Crafting formula. Set Minimum Price: 120%Crafting+(15%VendorSell*Numfailed) & When Below Minimum: Don’t post Items
EG: We have a Weapon which crafting cost is 1000 & 200g VendorPrice whose MinBuyout in our realm is 1500. Then, if we put it a few times in AH at 1500 trying to sell it, with the following formula we don’t have trouble to realise if we are going to lose money in a few more failed auctions (Is a Cost if we don’t sell it). But only with “Numexpires” variable we can’t do it because we can be losing money without realize.
For example If I got Failed Since Last Sale Expires/Cancelled: 8(4/4) Then the formulas would apply different:
A) + 1 More expiration + 3 More Cancel FSLS: 12 (5/7) With (Cancelled + Expired taken into account)
1200 + (30*12) = 1560 -> 156% (120 Crafting Cost + 36% Taxes) Don’t Post Items, profits too low = 140
B) 5 More Expires (+Infinite more Cancells ) FSLS: + (9/+) ( Only expired taken into account)
1200 + (30*9) = 1470 -> 147% (120 Crafting Cost + 27% Taxes) Still posting Items with infinites Losses and growing up.
This would be one of the uses that we could give it. With this new variable we won’t have to worry too much about taxes and we will improve this greatest addon. Last but not least, we appreciate your time reading this. Time is money Friend!
Greetings TSM Team!