MOP Prep: Stuff to Gold, Gold to Stuff

Posted by J.E. Douglas at 12:44 PM

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I have preached from my gold goblin pulpit that need for space.   The more markets you are involved in,  the more space that becomes necessary.   Space becomes a premium if you are a collector.   The same occurs if you are an investor.  MOP approaching the more storage area that you have now,  the more markets you can be involved with flipping mass amounts of items/materials.

If you missed my entry earlier about Guild Bank Buying/Selling here is a link to it 

Pricing a Guild: Pawn Star Style

So for our prep work we should be looking for at least one guild bank (if not more depending on how much gold you have to spend).   Depending on how many slots are available,  you are looking at an investment between 500-750g.   This might seem like a lot (many people who message me are sitting at the 10k to 20k range for investments) but just Investing in Netherweave by itself will recoup that loss and more.

Lets assume that you purchased a 3 tab guild bank.  That will give us 291 slots to play with (3 x 98).   Thats a good healthy amount of slots to store items for quick flipping and production.   If your working with one guild bank (which I suggest placing at least two of your crafting toons in).  Organize your tabs with one tab covering one profession.   Tab 2 can cover the other profession with tab 3 being organized over miscellaneous items to sell.   If you have purchased more than one guild bank then repeat the process with two more toons (if you have them) or seperate your toons so that each bank is covered by one of your production toons.

This setup will allow you to go directly to the guild bank to pick up items instead of needing to log out on one toon to ship items to the other crafter.   To set this up will require a trustworthy friend/player who you can set as the Guild Master and invite the other one of your toons into the Guild.  After the invite and acceptance then your friend can return the mantle of Guild Master to one of your toons.

Organization is going to be a key ingredient to being successful.   Those first few days will go quickly with people looking to invest gold into items.   They will want to buy more and more items and it's a guarantee someone will be there to purchase them.   The important part is to make sure that the seller is you at the highest cost possible.

Good Luck and Good Hunting

Want to get in contact with me? . Email me at Dragonbearjoe @ gmail. dOT com or find me on twitter at "@Dragonbearjoe" or leave a comment here. You can find me hanging out on the Shandris Server, chat me up and I will buy you a glass of juice. 

Past Entries

Burn Them Fires

The Pyrite Experiment

Go and Kill the King

No Ream First Achievement For You

Tipping Point

Pre expansion dusting and scrubbing

The world is your oyster

Selling for Dummies

Iron Sharpens Iron

It's Elemental Dear Goblins

Four words to rock your head (enchants)

Trade Channel Boredom, bring on the dailies

Preview of upcoming events

Gold to burn

I'm gonna tell you a secret

Life with no AH

Yakity Yak

The Auction House Blues

O Brother Where Art thy professions

The (Guild) Bank Challenge

Posted by Aleithia at 8:00 AM

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As it turns out, I'm a bit of a pack rat. I thought Void Storage would be a big help for clearing space in my bank/bags. As I looked for stuff to move to the long-term cold storage facility, I realized most of it isn't actual void storage material. It's junk I collected here and there for use "someday". I've got full banks on at least 4 toons, plus a 6-tab guild bank that's full of stuff.

After reading a post at WoW Insider about Keyboard Shortcuts (Did you know you can shift-click items in your bags while a crafting window is open and it will show you only the recipes that use that item?), I decided it's time to get more organized. There are items sitting in my guild bank from at least three toons that I've leveled in the past 6 months, plus all this random other stuff. Here's my plan:

• If it's not from this expansion or I don't have an immediate use for it in large quantities, it has to go. Craft and list it or just sell it on the Auction House. This means you, Copper Ore!
•  All products will be shipped to an unused bank alt. I'm going to start with 1,000 gold to cover auction house fees and purchase any additional supplies to craft the raw materials into something more profitable.

I'm looking to get down to at least 50% available slots across all my toons. That's a large number to free up considering I'm almost full across the board. After I've sold everything off, I'm hoping to end up with 50,000 gold and some potential new niche markets.

So what are your banks and bags looking like? Do you have a guild bank packed to the gills? Are you a pack rat like me? See what you can turn all that junk into. You never know, you might be sitting on a pile of gold. But more importantly, you might discover some hidden revenue streams you never knew existed!