One of the parts of writing a journal/blog is to present my logic of why I do things. Why I invest
in certain items as well as choose not to invest in others. Granted I'm not correct in everything (at any point you have my permission to remind me of the great pyrite debacle). Next week I will be looking at all the cloth and it's investment potential come Mists expansion, but i felt that netherweave deserved it's own look.
Currently stacks of [Netherweave Cloth] sell from 5g to 10g (anything higher I tend to ignore because it's not within a safety parameter I've set for investing). There ends up being four different investment possibilities for the cloth. Tailors can make both Bags (16 slot [Netherweave Bag]) or the (18 slot [Imbued Netherweave Bag]). Mid level patterns can also be crafted for toons leveling ([Netherweave Pants] for example). Also the benefits of crafting these mid level pants and tailoring items is that they can be sent to an enchanter to be disenchanted into enchanting materials ([Arcane Dust], [Large Prismatic Shard] and [Greater Planar Essence]). All three of these can be sold on the AH for decent profits (ranging from 2g to 10g depending on your server).
The third and fourth investment opportunities are to sell them in their raw form. With the Mists expansion there will be another shortage of materials from previous expansions. Burning Crusade will be 2 expansions behind, and with the accelerated leveling process, less and less time will be spent leveling and farming in Outlands. So that will set less and less opportunities to grab cloth from mobs in the Outlands area. Stacks of Netherweave in raw stacks or in bolts will be in higher demand. High demand and low supplies always drive up the prices
of items.
So here is the math I promised you. All of these numbers are based from possible projections as well as numbers from The Undermine Journal
First lets look at just purchasing and flipping stacks of Netherweave
(stack of 20) (Cost 10g)
- Potential sale price 15-35 per stack
- Potential profit 150% to 350%
- Easiest investment/profit for non tailors
Next Bag Creation
(20 cloth (10g) + 1 run thread (.50s )
- Total investment per bag 10.50g
- Potential sale price 25g (rough estimate, with the release of cataclysm some bags sold at 35g per)
- Potential profit percentage 250% to 350%
(2 gold per) + [Greater Planar Essence] (12g per)
- Total Investment per bag - 70g
- Potential sale price - 150+
- Potential Profit Percentage 100%+
- (one caveat with sales. Many people will not want to pay a premium price for 2 extra slots)
Tailoring Options (example)
(30 [Netherweave Cloth] (10g per stack) + 1 run thread (50s)
- Total Investment per item 10.50g
- Potential Sale Price 20g or less
- Potential profit Percentage 75% of less
(caveat with sales is this pattern is heavily used to level tailors. So it will be listed often on the AH)
(5 cloth)
-Total Investment - 2.5g
-Potential Sale Price 10-15g
- Potential Profit Percentage 400% to 600%
Enchanting/Disenchanting options (requires tailoring/enchanting combination or outsourced profession)
(30 [Netherweave Cloth] (10g per stack) + 1 run thread (50s)
- Total Investment per item 10.50g
- Potential Disenchanting sale price
- 2-10 [Arcane Dust] (4g per arcane dust assumed) = 8g to 40g )
- 1-5
[Greater Planar Essence] (10g per Essence = 10g to 50g )
- 1 [Large Prismatic Shard] (12g per Shard)
- Potential Profit percentage (-25% to 400%)
(caveat is what you end up having an item disenchant into. Assuming low amount of materials)
All of this math is very dependent on your server and it's expectations. If you have a high farmer population then the prices will be driven lower. Or a high new character generation, then bags will become more popular and thus be driven higher. The enchanting/disenchanting options become the biggest gamble. Possibility exist to purchase the Netherweave items from the AH at inexpensive prices and resell them or Disenchant them into their base materials.
One of the biggest suggestions that I offer is to keep your inventory liquid. Do not be in a hurry to craft the bags currently. 1 bag = 1 slot, and locks you into selling just that item. Keeping your stashed inventory in either bolt form or in stack form with give you the flexibility to take advantage of how the market fluctuates.
My current investment strategy is to stay with Netherweave/Imbued Netherweave bags as well as selling stacks of Netherweave cloth. But if the market calls for it, I want to adjust accordingly my sales priorities.
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
Time to Invest... Invest in Time
Thinking Outside the Old World Box
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