Suggestion Box Friday (2/20/09)

Posted by Markco at 8:00 AM

Remember, Suggestion Box Friday is your chance to be the blog writer! Anything goes here (as long as it's about making wow gold) and I encourage new, creative ideas as well as any good old fashioned farming spots.

Poll
The poll results were very interesting. 60+% of those that voted believe it's ok to take advantage of a bug in auctioneer and fool the guy next to you in the auction house. I voted no because it's a pathetically small profit but maybe you'd like to justify your yes/no/undecided in the comments section?

Email

Thanks to everyone on the support after I finally got my character back. I am ecstatic to get back to the vidoes I need to shoot, posts I need to write, and of course my guide. To those of you with blogs that emailed me please send me some kind of guest post so that I can review it and eventually post it or ask for a revision. I had some really cool emails from people with neat tips to share so I'll try to get those up soon.

Comments

HokieJayBee made his points on the "Carrot and Stick" posting method:
HokieJayBee said...
the point is, that he has a set price in his head, that he wants to sell his items at, at a margin he prefers, and at a specific minimum profit. if he just posts his items at that price, as you describe in your timeline example, you and others will undercut him and he won't sell. so, he sets a fake ceiling price. and you and others come in and undercut him. then he posts where he really wanted to in the first place and he sells more than he would have had he just posted at that price first.

To HokieJayBee: It's ok if there's negativity or dissagreement on this blog. I know that I am going to make mistakes (and I've made several in posts already) and therefore diversity in thought is always welcome. Having your ideas challenged also forces you to examine them further with the possibility of learning something new in the process!

Archangel brought up an excellent point in regards to 2 Nerfs from Just My Two Copper - Why aren't people making the Reinforced Chest Pieces as much?

Archangel said...
"It cost now less gold to make the reinforced items. Dust went up from 4g to 7g on my server. GCE same : who cares ? Dust wins. Cobalt price is below 1.5g when supply is present (weekends) but goes above 2g weekdays. Bottom line - you make more money now, with the new recipe changes. But you know what's curious ? People stopped doing it. They didn't quit making money, but they just stopped doing the reinforced thing (from 14 pages listed in the past down to 3 in the present). For me is to much waiting time involved (you make fewer items now, for the same amount of materials). The same competitors I had on dust and GCE business have moved on the enchant scrolls business (so have I). And it makes sens e : why bother selling dust and essences when I can make scrolls and sell them for the market price of mats + profit. Scrolls also don't take deposit fee. "

To Archangel: I too have seen the scroll market go up during the past week. It seems people are charging around 50% more for mat costs than individually selling them after enchanting a scroll. That's great profit!

Check out this great tip from Hisaac:
Hisaac said...
"An item I have found to be in low supply and high demand on my server (Korgath-US) is elemental water. There are only a couple places to farm these as they only drop from Water Elementals, the most efficient of which is a small island just Northwest of Grom'gol. I have been posting these at ever increasing prices (20g at this point) and they sell each and every time. There is very little market competition, and it's easy to farm 15-20/hour. For anyone level 40 and above, this results in profits of 300-400g hour. let me know how the markets are for elemental water on other servers, i'd be interested to know.."

Regarding my AOE frostweave farming spot:
Phizuol said...
"I have a Mage/tailor friend who I linked this post to. He confirmed that it was indeed very dangerous for a mage.We did learn, however, that this is an awesome spot for a Paladin+Mage duo. I ran in and grabbed agro, then healed through the damage while he burned the enemy down with AE. He was using two of the mana-back trinkets from Exalted Oracles rep so he had full mana the entire time. The slowest part of it all was looting the bodies!Not only did we get a lot of cloth, but also enough greens and greys to make us both happy. Thanks for recommending this spot!"

Discussion:

I think there's enough in here that I don't need to add more :)

Have fun guys! Talk it up!