Weekend Is Here

Posted by J.E. Douglas at 11:26 AM

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Mommar here.

I've worked many different jobs as I was becoming an adult.   And with anything that happens in a person's life,  I choose to pay attention to see if I could learn anything.

One of the jobs that I had was as a morning prep and pizza delivery driver.  It was an interesting job for a young adult who didn't have a lot of requirements for cash other than pay the rent and make sure the pizza was in the refrigerator.

What I did pick up from the job was the beginning of understanding of how a business works.   In this case the pizza delivery/eat in business in a small town was interesting.  During the week there was a trickle of customers that ate in the restaurant.   Including in this was also the deliveries that were made to outside customers.  It would seem that during the week the store made enough money to keep the lights on,  pay the bills and pay the employees (my favorite part of course).

It was the weekend that the store made the bulk of its profitable income.  This was the normal difference between the weekday and the weekend.   The same occurs when dealing with income in World of Warcraft. During the week you will find many times that income will be much less than during the weekend.  Consider it in mind the idea of root beer and wing money during the week,  making the house and mortgage payments during the week.

The reason for this is very similar to what happens in the restaurant business.  A smaller percentage of players log on during the week.   Finding other activities including work,  family enjoyment, etc.  On the weekend players find more time for looting,  pillaging and upgrading their gear for the raiding exploits.

It bears repeating that knowing your clients can elevate yourself into a higher tax bracket.  Allowing you to expand and even franchise your gold goblin abilities.

Good Luck and Good Hunting

Take Me To Naxx
Profit Anonymous
Only Worth What Someone Will Pay
What i learned from Marvel Heroes....
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Profit Anonymous

Posted by J.E. Douglas at 1:42 PM

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There is a balance between the search for profit and enjoyment of the game.   Yes,  shockingly you read that sentence correctly.    I have many times talked about the fine balance between reputation and profit.   At some point if you are known as a person who will take advantage of anything it will creep up on you and players will stop making deals with you.

Every deal that is made between two players,  buying or selling or trading will give you a boost or a drop in your reputation.  Even the deal that I talked about yesterday hopefully left the player with the knowledge that I wasn't attempting to slight him on his offer.

The key is to approach every deal as if it was the first of many deals you will make with this person.   Granted that most players do not look at who they are buying from on the Auction House.  Their only concern is who has the lowest cost for the item that they want.   But when you get out into the wild wild west of trade chat, your reputation is your lifeblood.

There are players on the server that I do most of my work at that have stellar reputations.  They are known for beings good negotiators.  They are known to be able to give good deals (including the free with materials deal that many use as a loss leader to get customers in).  There are other players that are known to be troublesome in their deals.  This includes the buying of spots for epic raids.

As Mists start to drift toward middle age in respects to being an expansion,  more and more sales of 'raid spots' occur in trade chat.  500g for a guarantee mount all the way up to 10,000g.  You will also see the creation of gold runs where players will throw in 500g at first and then bid gold for an item they want.  At the end of the run the profits are split among the players that finished the raid.  This again can also be an excellent way of making gold over a 3 hour period. (I'm one of those people that will join the raid but rarely buy anything.)

The reputation that someone has for putting these raids together determine just how many players will join.  If they know that there are going to be troublesome spots,  including arguments and questions of integrity on dividing the spoils,  then players won't join.   This is where your reputation that you have built in your smaller trades can affect your larger more adventurous exploits.

Keep your own mental reputation in mind with every deal you do this weekend.  Did it go well?   What profit did you make and what did it really cost you?   You might be surprised at what answers you get.

Good Luck and Good Hunting

Only Worth What Someone Will Pay
What i learned from Marvel Heroes....
Patch 5.4: Arise Scribe Arise!!!!!
Walking On The Dollars

Let The Stockpiling Begin

My Precious Transformer

Bang The Drum Slowly
Five Rules For Dating My Gold Stash
Transmog Me Baby

Distopian View Of Money

Dailies, Weeklies, Now yearlies

The Barrens Feel So So Barren

My Favorite Addon

I Need More Fun Sales