Making Money Off The Big Guns

Posted by Markco at 8:00 AM

Phase Three Profit came up with an interesting article here on making gold off wow blogs such as JMTC and other big names in the wow blogosphere.

I've touched on this idea, particularly with wow.com 's and mmochampion.com 's articles regarding making gold. What happens is people see an idea, follow it blindly, and create the opposite situation of what they actually wanted. Since so many people disenchant, prospect, farm, etc. they actually create more supply then demand for whatever item they are trying to sell, and thus the profit margin plummets at or below zero.

So what should you, the wise auction house guru do instead? Just as P3P suggests: become the supplier of these goods. Another way to take advantage is to look ahead at this as an opportunity to buy up the goods that people are making worthless and then use those to make items for resale later on. If gems are going to drop to super low prices from thorium then make rings and disenchant. If people are buying cobalt bars to make greater cosmic essences take the essences and sell enchanted vellums.

On a side note, I still think it's funny my blog isn't on P3P's blogroll. QQ lol.

Do you have any examples of items which you've taken advantage of because big name blogs said they would be a good way to make gold? Did you think one, two, three items down the line to snag a profit from your amateur competitors?