Discussion
How will the new snowfall ink based glyphs affect the wow economy? It appears that blizzard is working on creating several new glyphs that require snowfall ink as a reagent. What's your thoughts on this?
Comments
Regarding Riding the Wave
Indy said...
Pygmy oils can also be used to make Guru Elixir, a decent buff for anyone - +20 to all stats, as I recall. I haven't found it to be a good seller, though, on my server anyway.
Given the high vendor value of pygmy oil (1.5g/stack), I haven't considered the risk/reward ratio reasonable enough to AH them. (My server is medium pop at best, too.) I've done a bit of advertising in trade channel for it, and sold some that way, and found some regular buyers to COD to.
So thanks, Marco, for mentioning pygmy oil earlier. Instead of vendoring the supply I get off my fishing expeditions, I decided to recheck the market and got some extra from it.
Regarding 10 Tips to Leveling Professions
Onewing said...
This is such a great example of why this blog works so well for both the hardcore and the casual gold-making player in WoW. Never underestimate the value of stating what appears to be obvious. I doubt any of the hardcore players reading this don't do each of these steps to some extent, but having them written out provides a focus that can improve the process. What seems like a post targeted at the casual player still provides value to those dedicated players that typically scoff at the "casual" tips on other sites (i.e. Wow.com)
Regarding Arctic Fur Predictions
richard said...
Also.. transmute:titanium no longer has a cooldown sooooooooooooo you figure it out.
Regarding Stop asking how much gold you can make per hour!
Bill said...
Measuring gold/hour is like measuring weight loss. Or DPS. Its valuable to understand your gold/hour, as long as you calculate it appropriately. Don't "step on the scale" at the wrong interval.
All these measurements can assist you in getting better in your given task. You just need to understand what they mean. And over what period.
Weight Loss
Down to ~238 pounds, which is just 2 pounds shy of my 20 pounds in one month goal with just a week left before I fly out to see my girlfriend. I think I'll make it easily :)
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Besides being a proud American and an enterprising entrepreneur, I am also a member of the Roman Catholic Church (tithing ftl). This being s...
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Shattnerhoff said... " I hate that you try and gouge people for items that cost you nothing to make. How much is enough? You can...
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Wow Crusher : How The Pros Do It As you know, our ground-breaking system WOW Crusher system was released 10 days ago to much fanfare.... -
I am currently working with other bloggers (to be disclosed at a later date) on a gold making podcast that is going to rock the podcasting w...
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Update: Silly me didn't read the fine print and Blizzard slid a low ball in, You can't stockpile valor for 4.2 as it will be conver...
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Update: Scott Smith, one of the coaches, had an issue with his account being rebilled accidentally. Here is our conversation for those inte...
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Just My Two Copper's One Year Anniversary is today! So much has happened and been going on that I didn't really even notice the time...
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...If this hit you? For those that can't read that it says: 12986 damage (7175 Overkill). 20161 total damage. -
Wool is one of the most expensive cloths in world of warcraft, and its price constantly fluctuates. The reasons for its expense is the lack ...
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I was selling glyphs every fifteen seconds the first two hours of the patch, and it's the most fun I've had in a while on the auctio...
Time to learn to ride the wave of supply and demand with Pygmy Oil!
One of my favorite items to sell are Pygmy oil because of how much the demand for this item can flip flop on any given day. I do this for fun, the profit is minimal (50-200 gold a day) but it's a great excercise in suppy and demand for a new aucitoneer. What's more, you can take the following strategy and apply it to much more expensive items such as pets and epic weapons or enchants.
Day 1 Pre-Game:
Pygmy Suckerfish 2 gold per stack
Pygmy Oil ranging from 8-12 gold per stack, lots on auction house
Oil in Bags: 260
Day 1 Action:
Buy out all suckerfish and craft into oils.
Oil in Bags: 343
Post 15 stacks of pygmy oil for 5 gold a stack.
Day 3 Pre-Game:
Pygmy Suckerfish 4 gold per stack
Pygmy Oil ranging from 4-6 gold per stack
Oil in Bags: 223
Day 3 Action:
Post 10 stacks of pygmy oil for 3.50 gold a stack.
Day 5 Pre-Game:
Pygmy Suckerfish 2.50 gold per stack
Pygmy oil market empty except for 2 half stacks at 2 gold.
Day 5 Action:
Buy out all suckerfish and craft into oils.
But out oils.
Oil in Bags: 127
Post Pygmy Oils at 20 gold a stack.
Gold made in one week:
240 gold Time Invested: Maybe 10 minutes, 90% of which was crafting, but luckily you can post and craft at the same time, as well as craft while openning your mail.
Eventually the market will recrash and as a result pygmy suckerfish will as well. What's important is that regardless of how low pygmy oils get, suckerfish will still yield 1-2 oils, making you a profit even if fish and oils are identical prices.
This makes pygmy oil one of the most successful markets that can 'ride' and thrive off random supply/demand changes. Regardless of whether you're crashing or riding the wave of demand you will always make money. Even if one person buys a stack of oils you more than cover all your costs of posting 10-15 stacks.
Try applying this concept to other markets... Comment!
Certain professions literally pay for themselves while you level them, here's a quick look at the basics behind how you can make money leveling your professions.
10 Tips to Leveling Professions
1. All manufactured materials have a use or can be disenchanted. Vendoring is the worst option 99% of the time.
2. Leveling Professions that compliment each other is a huge bonus and allows for more options when making gold leveling up.
3. Always focus on both at once, don't skin level 40 mobs when you're mining is so low that you can only do copper. Try to achieve a balance.
4. Put everything up for auction you don't need for later use. Be careful, some professions require earlier created items for more complex and higher level crafted items.
5. Have the bags for the job. I find that all 20 slot bags works great, instead of focusing on profession specific bags. You never want to toss away the whites/greens you get killing mobs while leveling professions.
6. Purchase skills frequently. Mining for instance can be a lot faster if you make use of the smelting patterns you can purchase.
7. Make dalaran your home. Even if your character is a lower level, this helps a ton with traveling around.
8. Get routes and gatherer. These addons make farming a sinch! Make use of sites like wowhead.com to find where items drop from monsters for farming spots.
9. When the skillup is green, it's time to move on. Don't let guides online fool you that it's worth it to level up through green skillups.
10. Certain items are worth far more leveling up than others, particularly items used by level 80's such as early level glyphs. Pay attention for these awesome sellers and perhaps spend a little extra time at those locations farming, maybe even farm till the skillup is gray instead of green.
In patch 3.3, Braeg Stoutbeard is going to sell Arctic Furs for 60 Borean Leather (10 Heavy).
What does this mean for the speculators? It's time to buy up Borean Leather, and lots of it. If you want to make a killing off this change then you are going to want to follow these instructions very closely.
1. Sell your arctic furs slowly over the span of the next two weeks. Try to get as good a price as possible while also listing just enough to not send the market into a tizzy.
2. Buy up Borean Leather at a price that will make you money from disenchanting. This way if the market doesn't work out you can craft Nerubbian Legguards and still make gold.
3. After weeks of buying up the leather, you will be ready to make your move on patch day.
4. During patch day, post your borean leather after the first crazed hour or two when people are buying it up. Then post your borean leather for 150-300% markup of what you purchased it for. Try to entice the people who already stockpiled borean leather and are trying to corner the market to buy you out and relist. Post slowly and you will make a killing.
5. If you want to gamble you can buy out arctic furs when the market is flooded with them over the week or two after the patch, but that's up to you. Personally I will be happy with just my borean leather sales.
For over a month now Justmytwocopper has been ahead of Tobolds.blogspot.com according to sitemeter by about 700-1000 visitors per day. This really impressed me, because Tobold's blog was where I did one of my first guest posts regarding the analysis of dream shard economics and it really put my blog on the map. I want to encourage everyone to take a moment today to head over to Tobolds.blogspot.com and read some of the excellent articles he's done on MMORPG's including everyone's favorite: world of warcraft.
Once again thank you for reading Justmytwocopper and for those of you who have taken the extra step to get involved in the JMTC community forums my hats off to you for making this website into a home for savy auctioneers of all skill levels.
Every few weeks I feel the need to welcome new members to this amazing community and 'show them the ropes' so to speak. Many people read this blog via a feed, which is great, but they miss out on some of the links here at JMTC that help members communicate. After all, commenting and getting new insights from readers is half the fun here!
Here's a look at some of the awesome avenues of discussion one can take at Just My Two Copper:
1. Comments
At the bottom of each post is small blue text saying 'X Comments'. I know this is a very noobish thing to explain but some people do email me from time to time asking how to see the comments for each post.
2. Forums
My greatest pride and also the one section of the site that I try to avoid posting in like the plague. Here some of the greatest gold making minds have come together to help noobs and grow their own businesses. There is no other place online like this forum, and it's the perfect outlet for both new and experienced players to discuss auction house mastery. I hope you try this forum out and are simply blown away by the quality of its content. There's even a section for newer players to ask for help on getting started.
3. Youtube
Under the alias 'foldberg1' I like to post youtube videos from time to time (average is 1-2 a week) and they can range from prot pvp videos to cool gold strategies. Definately worth a look as I do not always repost videos from the youtube to the site.
4. Twitter
I'll be the first to admit I suck at twitter. Sometimes I post four times in one day, the next I might not post at all. Follow at your own risk.
5. X-Fire Live
Less used than my twitter, every once in a while I'll set up the olde X-Fire and show off some moves. Usually just fun stuff with lots of dead alliance in the end. The last big X-Fire was a 2v10 with my bud jhaman, that was absolutely hillarious. Friend me on X-Fire and you'll know when I get online (markcolol).
There are many more ways I'd like to provide communication methods for my readers, but I won't realease anything until it's 100% ready. I'm also working on a gold guide podcast which I hope will blow you away.
Wow Confidential Presents: Inscription Darkmoon Card Video
I liked this video as some people probably have no idea how valuable those cards can be, especially if you sell them just before or during darkmoon faire. Be careful though, there is no gaurantee that you will get a nobles card so your mileage will vary from Wow Confidentials. However, if you are patient and slowly build up supplies for the weekend before the faire starts you can craft your cards and make some amazing cash for the next couple of days.
A Gnome's Conquest Presents: Speculation on Darkmoon Cards
Heya this is Carbon from A Gnome's Conquest and thank you for reading my guest post at Just My Two Copper.I wanted to talk to you guys today about my thoughts on card making in 3.3. There has been some talk around the JMTC community about whats going to happen with the new wave of welfare epics from the 5 man. Here are my thoughts about them:
On my server people were crying that 3.1 will ruin the deck market and it did to an extent. Prices on my server went from 8-10k a nobles deck to 3.5-4k a deck. This was a substantial blow and caused many card makers to find other markets. But if you noticed because of it herb prices also dropped. Adder's Tongue prices on my server went from 35-40g a stack to 15-20g a stack. You spend 40g to make 8-10k and now you spend 20g to make 4-5k. Your profit percents are still pretty much the same.
Patch 3.2 brought with it ToC and a new set of ilevel 200 trinkets. But it also made the darkmoon trinkets boe which is what saved the deck market and actually nobles prices went up and I can get 5k for a noble trinket.
Patch 3.3 will bring a new 5 man and its not certain if new trinkets will drop. My guess is they will drop ilevel 219 trinkets from the normal version. However we don't know the difficulty of the new 5 man. It might be something like Magister's Terrace where it was (somewhat) challenging (compared to other heroics).
If a trinket drops in the new 5 man I expect deck prices to drop a little but not by much. Currently they sell for 5k in trinket form and 4k in deck form and I expect to see them settle at around 4k-4.5k in trinket form and 3k-3.5k in deck form. The reason for this is simple. People want an item now and for many people 4k isn't a lot for a good solid trinket.
Thank you for reading my 3.3 Darkmoon card speculation post and please be sure to stop by gnomesconquest.blogspot.com to read more :)
Regards,
Carbon
I was feeling pretty good today so gonna toss up my latest youtube video as well as the normal 8:00 AM post.
Enjoy some Prot PvP Loving!
Seriously... STOP THINKING THIS WAY.
It doesn't matter how much you make per hour. What matters is that you make X profit from X materials in X auction cycles. By auction cycle I don't mean 12/24/48 hour periods, I mean how long it takes for prices to go from prime selling to prime buying during their daily/weekly/monthly/seasonal cycles. Once you start getting into how much you can make in an hour you hit a wall of random possibilities and variables.
So STOP THINKING ABOUT HOW MUCH GOLD YOU MAKE PER HOUR. Instead, think about how many glyphs you sell on a weekend, or how many you sell on thursday when your most hated auctioneers compete with you. Think about how much gold you make after a week of selling pygmy oils or netherweave bags. Think about how many flasks of endless rage you can sell on a busy raid night a half hour before most guilds raid.
I hope this opens a few eyes. Making gold on the stockmarket or wow auction house are not measured in hourly amounts for a reason. There are just too many variables to decide just how much you can make in an hour. Sometimes you get lucky, sometimes you don't, but if you are persistent you will make a consistent amount of gold doing whatever you do.
This week should be called suggestion box Thursday... just look at yesterday's post!
Discussion
What items will be big after 3.3 goes live, what items will lose value? (COMMENT YOUR SUGGESTIONS!)
Comments
Disenchant as Loot Option in 3.3
Belsebub said...
Finally! I'm tired of having to tell the whole group that I'm a DE just to have everyone greeding on every piece of BoP loot...
Mmo-Chumpion Strikes Again Best Thorium
Wiggin said...
Good job Markco for pointing out that these tips (more like direct instructions) leave areas for us real auctioneers to make massive gold.
I was upset when I first saw the post on MMO-champion because prospecting thorium has been my most consistent source of income for months!
So far on my server things are going well for me. Thorium ore usually sells for 30-40g a stack (lower than most servers) I however only bought when it dipped below 20 when farmers dropped their supply. The last 6 hours I've sold probably a dozen stacks for 60-70g per.
On the bright side, gems haven't been flooded (yet)! Still selling Opals/Emeralds for 15, Diamonds for 12.5, star ruby's for 10 and blue sapphires for 5.
Thankfully I have both a large supply of gems and thorium, so I don't even have to farm, I just have to watch and see :)
Building Trust
KevMar said...
This just shows that you are reaching a wider base of readers. Just a small percentage of your readers are idiots. The more idiot comments you get, just indicate the larger number of readers you now have.
Feel free to just delete those comments.
Back to the topic, I know my competition reads my blog. I will offset things I do or try by a few days or even weeks. I write the post in the moment but queue it out several days.
Like this last week, we had an herb shortage. I was weak in the market while I got things in order. I am back in the market at full force now because of an ink farmer I picked up last tuesday. My post that talks about my first buy from him will show up in the morning.
With that said, I am not manipulating my markets like those guys sugest with the blog. But I am keeping myself 1 step ahead of my competition.
Weight Loss
Finally another 2 pounds lost today after almost 7 days not losing a pound. Looking forward to the next week :D
I'm down 15 pounds in two weeks, not too shabby! I want to thank all the people kind enough to send me emails and offer advice. Still hoping for 20 pounds in one month... oh and for those who guessed it, I am doing this for someone very special to me.
Today is going to be really fun if everyone participates. Go ahead and place in the comments section your absolute favorite way to make gold. Keep in mind, it doesn't matter if it isn't necessarily your BEST way, but just your FAVORITE method.
Ok I'll go first:
Selling Armor Vellum III's and making 700% profit.
After you all make your list, I'll write another post regarding your methods.
Keep it to three ways to make gold max if you are torn on your favorite.
Thanks and have fun!
Onslaught Rings - The best item to create and disenchant for greater eternal essences and illusion dust! There's just one problem - the mats are ridiculous!
For one onslaught ring you need a thorium setting, a powerful mojo, and an essence of earth. That's anywhere from 10-15 gold on my server, and the ROI is around 2-10 gold after disenchanting. That's not that amazing, unless you go and farm your own materials.
Here's where I would go to farm those materials:
Earth in silithus (northwest corner), powerful mojo in eastern plaguelands (Undead trolls up north), and teh thorium setting (need a thorium bar from darkwhisper gorge or sillithus).
The best way to farm for this ring is to send a toon to sillithus and a toon to eastern plaguelands and farm them one after the other, using the chapel and the cenarian camp to mail the items to your jewelcrafter. Since those areas are low level you don't even need a max level character to farm there. Deathknights would be recommended for eastern plaguelands right after they leave the starting area and anyone can go down to sillithus.
This market is one of the hardest markets to enter (the greater eternal essences and illusion dust) because once you hit 58 you head to outland and no longer get greens which drop the level 51-57 enchanting mats. Since no one does the instances anymore (maybe a zg run here or there for the mount) the market is pretty dry.
Lucky for you guys I'm no MMO-Champion and this strategy is complicated enough that most readers will not even attempt it. But if you take the time to set this up correctly you will easily have a never ending supply of essences and illusion dust. If the market gets low from multiple people doing this, simply sell your mats instead of crafting the rings.
Have fun!
Abyss crystals are going to see a nice increase, as you can now d/e something in patch 3.3 as a loot option.
That's probably going to look like this:
Need
Greed
Disenchant
Pass
In fact, the pass option might dissapear entirely. Neat stuff!
Looking forward to this change, even more infinite dust and greater cosmics will be flooding the market as people d/e the cheaper abyss crystals. Supply goes up, price goes down. When that hits, abyss crystals should see a similiar dive to what they saw when TOC 5 man came out and dropped epics even in normal mode. Be wary of buying oppurtunities in the weeks after patch 3.3, especially during the day when most pugs are running, instead of at night when raids are in session.
MMO-Champion released another 'method' for making gold or rather... a great way to lose it!
At first I really liked their article, it was about prospecting ore and selling it based on the prices of gems you most frequently received from the ore. Perfect so far. Then it was mentioned that Thorium is a great way to do this... BAM! The post went in an instant from excellent to moronic.
Sure sure, let's tell them to go get thorium, since half the people reading really don't know the best spots to farm (dark whisper gorge, dire maul, etc) they will simply buy it off the auction house. How many of those people will even check to see if the gems are a good enough profit before prospecting? Why didn't you just say something along the lines of go compare ore with what it makes and see if it's valuable? Ugh! This is just getting to the point where I throw my hands up and say ok MMO-Champion, how many people do you have to screw over before people stop using those tips?
Here's what I'm going to do with this thorium fiasco.
1. Buy out all Thorium.
2. Camp an alt in dark whisper gorge and farm once around every 30 mins to 1 hour.
3. Post for dumb prices.
4. Laugh when people buy them eventhough gems are ridiculously flooded. Also I will post gems for crazy prices to help keep the price high, eventhough no one will buy them.
You're just leading lambs to the slaughter. People make smarter decisions when they have to think for themselves, however when you tell them do this task as if they are playing a single player game without real thinking opponents then you are turning them into sheeple.
Come sheeple, the thorium is selling quicker than I can stock it!
A few days ago I posted about dream shards going up in value, and a few comments really got me thinking.
Do some players truly believe that I make posts to somehow benefit myself? That I had tons of dream shards waiting in the wings or something that I was going to dump and try to sell after this post? I had 11 dreamshards in my bags across all characters at the time of the post. I like to keep about a dozen for the enchant chest - powerful stats which I sell about once every 1-2 days for 100 gold profit.
Since players seemed to be worried I was going to try and somehow 'use' this blog (which is ridiculous and flies in the face of everything I've stood for since day 1) to scam my readers, please note that that has never once happened and I'm not going to start any time soon.
Dream shards will go up in value due to abyssal shatter going live, and they will never go lower than the cost to make them through disenchanting. Many enchants take dream shards to create, and with the reduced cost of other mats, it only makes sense that dream shards will go up.
Hope that clarifies my previous article.
Netherweave Bags cost approximately 4 gold 50 silver to craft and they often sell for 10-16 gold each. Even a mediocre tailor can craft these and every single leveling character would love to have some nice big bags for cheap. Even selling at 6-8 gold is worth the time it takes to make these and regardless of the competition you can always sell for a profit.
This is an important lesson to learn about making consistent money on the auction house. If you are going to want to make tons of gold every day, you are going to need to decide whther you want to shift with the market and when to hold your price.
For these bags, the ridiculously low cost allows you to shift and undercut people without a worry about losing too much profit. Since you know these are going to be bought up by the dozens every day (usually 4 at a time), you can dump tons for cheaper than everyone else and they will sell, even if you are undercut by a few other people.
If you want to maximize profit than you may want to risk posting at a steady price all the time, regardless of market fluctuations. You won't sell all your goods all the time, but you will make much more gold in the long run.
Either way you will make great profits on these bags, regardless of how you choose to sell them. Try selling in trade as well, you'll catch people leveling and trying to buy skills who might want to upgrade their bags.
Try to apply these concepts to other markets and see how you make out.
Supply and Demand - A lesson in Inscripiton and MMO-Champion
In the words of Emerald, ever since MMO-Champion released their article on milling herb and selling glyphs... Bam! Herb prices have shot through the roof!
Some players look at this and say "Oh great, now I can't sell glyphs for profit anymore because it costs too much to mill the inks." What's worse, snowfall inks have seen a decent drop (down from 20 to 12 gold on my server) and so for some players it actually is not worth it to mill your own ink and make glyphs. What's a savy auctioneer who reads this blog to do?
As an experiment I have been milling stacks of herbs for 25 gold (normally I buy below 20) and selling the inks for 140 gold a stack. They sell almost instantly. I get a stack of inks for about every 4 stacks of herbs so I'm making 40 gold just sitting there milling herbs, and that doesn't even include the snowfall inks. Give it a try and take advantage of the players who HAVE NO IDEA WHAT THE NORMAL PRICE OF HERBS ARE SUPPOSED TO BE. If the market believes herbs are worth 25-30 gold a stack, well then logically the inks will reflect that price.
Class dismissed!
Suggestion Box Friday is when I, the gold making guru, remove myself from my saronite plated throne and allow you, the loveable heart-in-the-right-place amateurs to take my place, or atleast attempt to, for one whole day!
Lots is going on in the world of warcraft these days, so get cracking and try to help each other out with your suggestions!
Anyone notice the new enchant in dalaran? Definately worth checking out if you are an enchanter! I made some great tips off it, but I'll let you discover it :) (Hint: Good idea for the suggestion comments).
Weight Loss
Going great so far! Have been running 3-4 miles every day and lifting every 3 days. The diet I made is working great too. No binges or anything like that, though yesterday I wasn't paying attention and ate like half a bag of baby carrots lol.
Comments of the Week
Dream Shards going to Spike
Archangel said...
Dream Shards can be "produced". Same as dust and essences. If the dream shards pass the 12-13g threshold I can start to produce them whenever I need them. Saronite ore -> saronite bars -> saronite dirk -> voila: cheap dream shard for 9-11g. Or saronite ore -> prospect -> Jade Dagger Pendant -> voila: cheap dream shard. I'm positive that so many of us know this by now. So I bet we will start to make dream shards for sale, as soon as they even try to climb in price. So it would be stupid to stockpile them as long as they are easily produced by at least 2-3 professions (I think leatherworking has a profitable recipe also).
Inscription Spreadsheet
Lostmybow said...
Thank you very much for this one - the "% Profit" tab is genious - keep it up mate :) As WowConfidential said, adding Runescroll of Fortitude, and the price of 1 and 2 ink glyphs would alyways be nice. :)
Gold Making Podcast
Gloob said...
I say World of Goldcraft
To Gloob: OOOOoooo I like it! "World of Goldcraft - A call to Auction" That sounds pretty good lol. (phoenix came up with the second half)
Chimei of Kilrogg EU Writes:
Hey markco, I thought that even though there are undoubtedly other people out there that are already starting the process of doing this there are undoubtedly a lot more people who aren't.
In patch 3.3 there are new craftables coming out,
Tailoring:
Deathfrost BootsLeggings of Woven Death Lightweave Leggings Sandals of Consecration
Leatherworking:
Legwraps of Unleashed Nature Draconic Bonesplinter Legguards Blessed Cenarion BootsFootpads of Impending Death Lightning-infused Leggings Bladeborn
LeggingsEarthsoul BootsRock-steady Treads
Blacksmithing:
Hellfrozen BonegrindersPuresteel Legplates Pillars of Might Protectors of Life Legplates of Painful Death Boots of Kingly Upheaval
The mats used to craft these will be: Spellweave, Ebonweave - Arctic fur, Heavy Borean Leather, Jormungar scale - Titansteel bar, Saronite bar and Eternal shadow. Buying a decent amount of these now to resell when 3.3 hits should yield massive profits. Thanks for all the work you put in your guide and your blog, and good luck with the weight loss!
People are running heroics like mad to get badges and so dream shards have remained around the same price for quite some time. But suddenly abyss crystal shatter are going to change all that, in terms of how profitable dream shards are. Since greater cosmic essences and infinite dust are going to become extremely cheap, people will pay more for dream shards to create enchants and enchant vellums. With the rise in item level 232 gear dropping from instances proposed by blizzard, there's a very good chance that people will start enchanting all that gear on their alts.
Dream shards are going to become very valuable... and quite rare in my humble, experienced, and all around incredibly accurate opinion.
Armor vellum III's should also be going up in value, as several people have reminded me through emailed tips. Thanks guys!
This was an awesome email from Phaqueuetoo on US-Magtheridon Horde:
I was wondering if you would like to post this on your blog for your users to link to... it's a pretty simple spreadsheet I put together to calculate values of milling northrend herbs.
It also includes the calculations to figure out the profit of darkmoon card of the north and off-hand crafting.
Thought it might be helpful :)
Go here to download the spreadsheet and make use of it, I'm currently hosting it on my 20kleveling.com hosting site.
Please say thank you to Phaqueuetoo in the comments section, he has definately earned it!
I am currently working with other bloggers (to be disclosed at a later date) on a gold making podcast that is going to rock the podcasting world... of warcraft.
I need help however, as we are currently trying to come up with a name for this podcast. The setup is two savy auctioneers discussing many topics about making gold, so the name needs to be broad enough to encompass all methods as well as be catchy and cool :)
What topics would you like to see on the show, and what would be a good title in your opinion?
Please comment! Looking forward to building this podcast and supplying you all with another great resource for making gold in world of warcraft.
Currently I am barely playing this game, yet I make more money than most players make in a week with just 15 - 30 minutes of work across four characters. Although I still look for new ways to make gold all the time, it is good to find several niche markets and sit in them as long as possible.
Currently I am playing pygmy oil, snowfall inks, Armor Vellum III, iceweb spider silk, some glyphs, low level mining materials, low level skinning materials, as well as completely random items earned from auctioneer scans.
Quickly moving through these markets allows me a diverse portfolio which helps buffer against losses from any one market. Should something fall because of extreme undercutting, I can undercut my competetitors at a loss and still make enough money from the other markets to keep the profits coming in. My four alts will often take in upwards of 1200 gold each a night, and for a quick 15-30 minutes of work that's pretty good. I could make more, expand into more markets, but I have never cared about hoarding money, just having enough to never worry about it is all I want.
The point of this post is to place emphasis on diversity and to never stop looking for new ways to make gold. You'd be surprised how there is always a new way to make gold that you haven't discovered yet.
This post has been brought to you by PokerListings.Com, the premier review site for finding sites to play poker and make gold. Just like in world of warcraft, you can spend 15-30 minutes a day playing poker and make some pretty good money. Except this time, the money is real gold. Top name sites are reviewed there such as Pokerstars, Titan Poker, Pacific Poker, and Full Tilt Poker. Read reviews of the sites and find out which one is the best fit for you. Remember, just like in wow diversifying your portfolio and spreading out the markets (aka sites) you play on can really help you cusion against tough losses.
If you'd like to sponsor a post on Justmytwocopper for a small fee, please email me with the link at the bottom of the site.
A preponderance of new evidence supports the theory that video games are actually good for a person's mental health. Most improve mental accuity and quickness as well as hand-eye coordination. They are being used more frequently in rehab facilities and even for young children to aid in development of small motor skills. So the more I play WoW, the smarter I'll be and the better muscle tone I'll have, and I'll even be less of a klutz? No. Well, maybe...You have to take WoW, and all video gaming, in moderation. Studies show that excessive gaming wears down the body and brain, but a moderate amount every day actually will have a positive effect.
So what's a "moderate" amount?That depends on you. Do you exercise? (getting up to get food doesn't count) Do you eat properly? (hot pockets and energy drinks do NOT have everything the body needs) Are you finding social interaction outside of gaming and getting enough sleep? (8 hours sleep for most people) If you can answer yes to all of these, then you can spend more time gaming. If you're not exercising and getting enough sleep, you are not as focused when you play. This not only makes you play worse, but prevents your body from gaining any benefits from gaming. Eating properly has largely the same effect. It's amazing how you can boost your stamina (yeah I get it, ha, ha) by keeping a good diet. Cut sugars, eat protein and fiber from fruits and veggies. Did you know this kind of diet has been proven to increase reaction time?
Remember that next time you go into the Isle of Conquest. So if the rest of your life is in good shape, "moderate" for you can be pretty high. If not, straighten yourself out first for more gaming and a better life in general.
Who ever thought playing the AH could be good for your health? Or that I could be working on my reaction time in Icecrown? Feel better, make more gold, play more efficiently, pawn more noobs. Sounds good to me.
Happy Gaming,
Loremaster Ej
Doctor Ej is absolutely right. I have been running 3 miles every day for almost two weeks now. I'm thinner, faster, and the shield slams seem higher.This week was probably one of the best weeks of my life. I spent maybe two hours playing wow the whole week, but made about 4k gold lol. A lot of great RL stuff happened, which I'd share with you guys but I want to wait for now.
I wasn't able to participate in the MMO-CHAMPION nonsense all that much, but I can say that I laughed so much at their inscription post. The idea of telling people exactly what to do for any gold making strategy is complete and utter nonsense! The best way to make gold from these recent MMO-CHAMPION gold guides is to make money off the uneducated members of the wow community which follow the instructions like a robot. This is why I try to leave my readers with intelligent off shoot strategies that they can employ if they think hard enough about what I suggest they do, especially in my gold guide. I think that's what seperates my guide and zuggy's guide from the rest of the ones on the market. Anyway, I digress.
I loved the fact that MMO-CHAMPION left out selling armor vellum III's, possibly my biggest money maker for my glyph industry. Weapon vellum III's are ok but they don't have the same profit margin on my server. My favorite part about armor vellum III is the posting cost... nothing.
For the wool cloth discussion, I really really want to try the dwarves in the barrens, excellent suggestion for those that made it! It really is a horde problem though, alliance never have an issue with wool cloth because of their instances.
No weekly comments this week, I don't have time, sorry :(
As far as my weight loss is going I'm down like 7 or 8 pounds, I say like because I weigh myself after breakfast, so it's a little off. My goal is 20 pounds lost in 30 days (.66 per day), which at this rate I will hit. The only bad thing so far is that I might have a minor stress fracture in my left foot, it isn't swelling but it has a steady pain that spreads the longer I run and goes away temporarily when I rest it. I will continue applying ice midday and at night as well as using an ace bandage while I run.
18 miles in 6 days, not bad for an out of shape nub :)
My workout schedule is 3 miles a day run plus one walked, as well as lifting for my arms every 3 days. If I keep this up for 30 days... I can't see myself losing less than 20 pounds. Although I am gaining muscle in my legs and arms, so I might look like I lost a lot more in the end.
Thank you for your kind emails and support, it goes a long way. Wait until you find out why I'm doing this, it will knock your socks off. Remember to check this community's amazing forums... YOUR forums for everything gold related.
Wool is one of the most expensive cloths in world of warcraft, and its price constantly fluctuates. The reasons for its expense is the lack of popular instances which contain wool, as well as the lack of humanoids to drop it in the more played instances. For instance, black fathom depths would be an awesome place to get cloth... if the humanoids didn't make up about 25% of the mobs and were earlier in the instance. Currently I am on the lookout for a wool farming location. I tried the harpies (level 28-30) in thousand needles but didn't have that much luck since the level 30's drop silk cloth. I think that ashenvale might be the key to this. There are some high level 20's worgs in a cave that might drop wool cloth. I remember farmers used to park there all the time back at 60.
If you can send in a video or just the location of a great wool farming spot, I'm sure everyone here would greatly appreciate it. If you own a blog or something and find a great spot, this is a great oppurtunity to get known.
Thanks all! I'll keep looking too!
Moral of the story? Buy purple gems with badges and runed/crusader orbs for easy gold.
http://20kleveling.com/JMTCforum/viewtopic.php?f=29&t=1626
If you are interested in what to do regarding the onslaught of noobie auctioneers hitting the auction house for the first time thanks to MMO-Champion, then you don' thave to look any further than this post.
Hope that helps, don't forget to thank your JMTC community members once again.
Part of becoming an auction house guru is realizing that you're in it for the long haul, not just the instantly gratifying sale. With this being said, there are several bad habbits you should avoid which prevent you from playing the 'long haul.'
1. Overreacting
I see this all the time, especially with newer players. That first time your stuff doesn't sell, or that time when someone undercuts you and you freak out. You dump all your items in a fit of anger and someone else makes a killing off your stuff.
2. Ignoring Cycles
The cycles of wow economics provide savvy auctioneers with the oppurtunity to create oppurtunities for themselves. By being ignorant of the price cycles for the items you are selling on your server you are basically cheating yourself. Start writing stuff down if you have trouble remembering when markets shift. Don't post infinite dust the day that they plumet to 3 gold a piece when in two days they will shift to 6 gold a piece.
3. Posting only what your character doesn't need
This goes back to being ignorant, but is focused on living in your own little world. If you only focus on tossing away items you know your own character doesn't need then you are probably putting them up for far too little. Just get some cloth from a chest but aren't a tailor? Going to just dump it on the ah for the lowest price? This is a fine oppurtunity to educate yourself on the value of cloth over the coarse of the next week.
4. Assuming investments are risks.
Have some faith in your own ability to read markets and feel comfortable investing money into good profits. Don't doubt yourself into missing up deals!
Ignore these bad habbits and you will surely start playing for the long haul!
I'm not one to judge websites when they try to help people, but mmo-champion did this all wrong. The way to help people is not to tell them exactly what you want them to do, but make them think for themselves. So it's time for me to counter everything they said today, and make my readers money out the wazzoo.
For one, go sell eternal earths, borean leather, cobalt ore, and eternal shadows. The price won't last forever. If the price has not increased on your server, buy them now and relist as the price goes up.
Make enchants when infinite dust plumets. They will sell better than the dust.
At first enchanting mats will plumet, so pick them up early and make your enchanted vellums. Then when the prices react to the fact that eternal earths are 20 gold a piece you can then sell your vellums for much more because the dust, essences, and greater cosmic essences will also react to the increased value of the materials.
This is a gold oppurtunity like no other.
Thank you mmo-champion!
A lot of people have been asking me about prot pvp and since this video is both a farming spot as well as an example of my dps, I figured it would be a good fit. I am currently gearing for armor pen while slowly removing my block value except for t9 prot helm and shoulders. I will eventually switch to the 75 badge helm and t9 prot legs. Currently I'm wearing the t9 dps chest and gloves. As you can see from this video my burst is almost as good as shield slam damage but my dps has doubled.
This method of gearing for dps instead of shield slam has drastically changed both my playstyle and spec. Perhaps I'll save this part of the discussion for another day, now for the video :)
Icy Dragonscales have always been a difficult money maker for many many players. I still get emails from angry readers of this blog who took my advice and bought these up months ago when I suggested doing it.
Here's how I make gold with Icy Dragonscales:
Thursday evening I post 40 Icy Dragonscales for 26-40 gold a stack. Those two stacks are normally gone by Friday night. So basically I make as much as 40 gold a week from these, no questions asked.
Try doing this if you still haven't vendored your Icy Dragonscales, it's free money!
In case you didn't know, Icy Dragonscales are used in a variety of paterns 40 at a time for leatherworking. That's why you want to sell them in a full stack of 20, not 1 at a time.
I received this excellent email regarding the new boe's from the brewfest boss:
http://forums.worldofwarcraft.com/thread.html?topicId=19820640740&sid=1&pageNo=1
http://i168.photobucket.com/albums/u162/ShAd0WXtC/WoWScrnShot_092109_154603.jpg
http://i168.photobucket.com/albums/u162/ShAd0WXtC/WoWScrnShot_092109_155731.jpg
This was hot fixed in last night to drop from Coren Direbrew. For the first few hours the price was incredibly high but as many started dropping and hitting the AH the price 'tanked'. This is currently the best BoE one hander in the game, rogue and DK alts will snatch them up then as brewfest goes on more and more will drop and the price will drop as well. It's already down below 1k on many servers. However, being as this is an incredibly limited time item and the best BoE for DW DKs and rogues, I'm going to be snatching up a few to relist at a later date for a great markup. My server has A LOT of people that are probably going to do this as well, as there are many AH players on my server, but I figure people on less played server will be able to make an enormous profit by doing this. Note that the above screenshots are not mine.
-Aleros of Feathermoon
Everyone having a good friday? I am feeling pretty good but it has nothing to do with world of warcraft. Today starts my new workout / diet I've been working on the past few weeks and I think it's finally time to impliment it. I definately needed it because sitting 12 hours a day between my job and this one has slowly but surely taken its toll on my body. So I am going to approach this problem the same way I do everything in life: Do the best I can or not do anything at all.
Now for the weekly comments, this week was pretty lively in terms of discussion.
Comments:
Regarding Watch me Live - Wow Tutorials
Anonymous said...
I think you should just stream it all the time, or whenever you want. I'm sure there is some widget you can place on your blog to see if you're live.Also, as an idea to help promote your xfire stream better, perhaps set a day where you and a couple buddies go out and gank or do arenas and stream it live. Plug the date a week in advanced that way you'll have more viewers. Personally, I enjoyed watching you and that shaman gank outside Onys lair the other night.
To Anonymous: Yeah that was pretty funny. 2v10'd em. I took your advice and put a widget on the front page :)
Regarding New Wow Gold Blogs
Anonymous said...
another great Gold Blog i read is toogreedy.blogspot.com
check it out!
To Anonymous: Blackwolf, a JMTC forum admin runs that blog, good stuff.
Regarding Youtube Comment that Gave Me a Headache
Onewing said...
If we were to give the commenter as much credit as we could, I'd equate his statement of luck as an actual measure of time. If he is searching for ways to make money, the two most prevalent things he has seen are a) gold sellers and b) sites and videos claiming that he can make 600G/hr. The 600G/hr sites are pretty easy to interpret after a while - they are relying on two things. 1) That you won't notice that they measure their drop rates (and thus ROI of time spent) are extremely idealized. 2) The statements of 600G/hr are based on AH value of items, not actual gold. Now the savvy AH pro can actually convert that value of 600G in items to actual gold, but it often takes multiple selling cycles to post a large quantity of farmed materials. At this point, the average Joe just looking at the 600G/hr site sees a lot of luck involved - luck on drops and luck that the materials will move on the AH the first time they are posted.Its wrong, but it is a little more forgivable than just flabbing his mouth off calling AH playing luck based.
Regarding World of Warcraft Gold Blog. Why?
Carbon said...
I read JMTC because your always posting new strategies on making money. I'm not a farmer and a lot of your posts seem to be farming based but I enjoy expanding my knowledge on areas that I don't personally pay attention to. I love being able to help people struggling with making money by giving them advice on where to farm without it actually affecting my markets. Plus being a regular on JMTC forums it would only make sense to check out the JMTC blog wouldn't it?
Discussion:
Have you gained some weight, no matter how small, from playing world of warcraft?
What do you plan to do about it, if anything?
So I have this new snazzy computer and I'm thinking about testing out XFire on it. It would be nice to get the XFire going again so people can watch me both making gold and playing pvp.
My question is, what do you want to see me do in world of warcraft? Do you want XFire running non stop or only when I do something I feel is important? Do you want to see raids? How about random duels? Etc.
Looking for any ideas regarding a system of 'going live' so everyone on the blog knows when to check if I'm streaming live. If I turn on sound in XFire you'll even be able to hear me talking over ventrillo or skype I believe.
Shoot some ideas around in the comments section, and looking forward to broadcasting again.
Also, speaking of broadcasting, there is a good chance that I will participate in a gold making show with other blogger(s). Everything is very hush hush right now but I'll let you know if anything becomes of it.
There are so many new blogs spawning from this one that I could probably write an article on each one and have over a year's worth of posts! Please, if I didn't list your blog here today write me an email and I'll take a look. There are just so many to go through and I really don't have the time to fit them into one post. Send me an email and I'll try to get you some link love eventually, and you can always post on the JMTC forums for more visibility.
Here are some up and coming gold blogs that I have enjoyed reading so far:
http://www.bobreaze.blogspot.com/
http://morgraanscorner.blogspot.com/
http://diamond-tipped.blogspot.com/
Bobreaze is trying out the Bid low, Sell Normal strategy I outlined many months ago both on my youtube account and here on the blog. Morgraanscorner is looking into using enchanting, tailoring and some flipping techniques for making gold. Diamond-Tipped Cane is a wordy but valuable blog that seems to be a little broader than the others, providing starter information and expecting you to fill in the gaps with your own ideas.
Why are these blogs worth your time, or any new up and coming blog based off of this one?
Think of these blogs as your own personal testers. They are coming up with new ideas and taking fresh looks at old ones; all the while allowing you to watch the entire process. Perhaps they will uncover and surpass an economic hurdle that would of bogged you down had you not read their blogs.
Enjoy these new blogs and definately drop them some comments to boost their morale.
“Could you show us a spot that doesn’t use the ah luck like cooking?”
This comment made me go... what? Seriously? Ouch, my head hurts.
Now I'm not demeaning the person who wrote this, he is actually being quite serious. What really made me upset for this person was the word 'luck.' As if using the auction house is based solely on the random event that someone will buy your item at the price you want to sell it. There is almost no luck on the auction house, unless of course you consider finding this blog as a lucky thing. Then yes, there's a lot of luck in the world of warcraft auction house!
To the player who wrote this, now is your chance to change that 'luck' into certainty. Read this blog from beginning to end, dive into the forums, watch the auction house youtube videos, and most importantly experiment in world of warcraft. Educate yourself and most importantly have a blast experiencing the learning process.
Get used to it because you never stop learning.
Since you are obviously very new to the world of warcraft economic system I would start off with items you personally use or buy frequently. Find out what that item is worth to not only yourself but other players. Is it used in professions, is it used in raiding, etc etc. Then find out what you and more importantly other players are willing to pay for that item. Watch the auction house each day and observe how the item's price changes througout the week. You'll be well on your way to becoming an auction house pro.
This isn’t a confession but a fact: I have never taken an economics course. I have never taken a course on SEO or online marketing. All I had going for me when I made this blog was an idea, motivation, and the entrepreneurial delusion that most Americans are born with. I learned more from writing/marketing this blog then I could possibly have learned from four years of college. You see college teaches you how to work for someone, not how to work for yourself. You can imagine my shock when JMTC seemed to double in hits each month and became a special place for other gold seeking, creative players to mingle.
What is it that makes JMTC such a special ‘place’? I look at this blog and I say to myself I could add this content or that, I could do this differently, and a slew of other additions I’d like to make a reality… but… somehow the blog is succeeding without them. What did I do right? What was the reason for this ‘success’? Was it the content? No it couldn’t have been the content because it doesn’t seem to matter what I write about, people keep coming back to read again. Before I answer the question, think for a second and ask yourself: “Why do I read Justmytwocopper.blogspot.com?”
I have two answers to this question:
1. It’s the reader next to you.
2. You want inspiration.
It’s an amazing concept, but I think it’s true. The first thing I do after a post goes live is check the comments. I don’t look at the google stats, the SEO content, or anything like that. I look at the comments. Don’t you do the same? You want to see what others think and I am simply the catalyst to allow that connection to proceed and prosper. The forums were originally designed to be an extension of the comments section for each post. Now look at them… they are an encyclopedia and all I did was write the titles to each forum… the content is YOURS.
My goal behind writing this blog was to create the catalyst for other players to connect and to inspire them into doing great things. Some say I did this for the gold guide, which I would have a tough time proving was not the case even if it wasn’t. Keep in mind that the gold guide sales go straight to supplying the blog with new features, such as the forum which I pay top dollar to keep 100% up and ready for expansion each month (I have upgraded the server package three times) and I consider it my ‘salary’ for blogging, testing content, and providing new ideas for the community. But you can’t deny the results of my many hours of work: A place where inspired individuals can share ideas about making gold in world of warcraft.
It’s your blog, with my creativity as your foundation.
I then look at the dozens of blogs sprouting from my own. Each one is basically a JMTC clone to some extent, but with the twists that having a different author brings. I absolutely love the fact that people are mimicking my success, there is no greater flattery than copying. I mean this in a good way, I want to see these new blogs succeed just like mine did and I’m happy to give them some link love. Unlike some sites which stop linking to me simply because they think I’m a threat. *cough not naming names cough*. If only they’d realize that linking to similar websites actually helps their SEO; something I learned quickly in this ‘business.’ Feel free to use the ‘link love’ section of the forums for a great list of JMTC-like sites.
So am I full of crap? Why do you read Justmytwocopper.blogspot.com?
In future posts I will be sure to link to some of these growing blogs, which will also give them some time to get more posts up.
Here's the video + commentary:
There's another reason to farm here not listed in this video: In patch 3.2.2 the drums that you can create (aimed at providing raids with buffs which might be missing from certain setups) take jormunga scales! This is by far the best place to farm them if you take a detour into the cave north of where this was filmed. Simply kill both mammoth packs, do the cave, then come out and do the mammoths again. We managed to get about one artic fur per 10 minutes chain pulling like this but the real money was in leather, meats, and greens.
YARRRR!!! Here's my criteriar for when ye be looking for a good ole' farming location in wotlk or anywhere in world of warrrrrrcraft:
1. Mobs drop items used in more than one profession.
2. There are nodes around the farming location for atleast one profession.
3. After the mob dies there is the possibility of skinning, mining, or herbing the corpse.
4. Mobs die quickly and are close enough to reduce down time between mobs.
5. The combination of materials gathered from the farming location can create an item or process for making more gold.
6. There is the chance to hit the jackpot and get some kind of really profitable item.
7. The area is relatively safe, and an added bonus would be that the mobs are neutral.
Let's go with an example from Burning Crusade: Legion Hold
1. Cloth, reputation items
2. Mining Node and Herbing Node
3. Nothing Here
4. Very quickly and respawn insanely fast. Tightly packed for easy killing/looting, extras can be pulled at leisure.
5. Cloth + enchanting mats could be used in tailoring to make some gold.
6. Cards and expensive blues could drop here. You could also get fel armaments.
7. Not so safe unless you were fully geared, an elite patrolled but could be avoided. The mobs could also suddenly group up on you and respawn faster than you could kill them.
Think about this criteria next time you submit a farming location to the blog or when you are just off looking for a place to kill some time. If you have a farming spot you'd like me to look at then scroll down to the bottom of the page and submit it to me via the 'ask markco' button.
-
I don't usually post to comments... just read them, but this "Used to love your guide what happened?" crap is so inane.
Most of the grab-and-hook blogs out there that force you to a guide offer ZERO helpful information for free. This blog has been anything but...
Markco busts his ass every day to offer posts. I could care less if he talked about chicken factories and adequate storage for all those eggs. His site is a portal my friend. And a source of relevant information.
He engages the community effectively, excels at the game (in many different aspects. I don't read just for the money-side), and he offers medium overload as far as information is concerned (ie. the blog, you tube, twitter, the guide, the FORUMS)
Rush was right, go buy gold if you're that blind to all the info Markco has stored here. His blog is a continuous book that has yet to reach a final chapter. Go back and read from page 1. There's a lesson in there for you somewhere. - Discussion:
- Have you gone back and read the old posts to see what you can learn, have you made use of the forums, youtube, twitter, etc found here on the blog?
Don't forget that tomorrow is Talk like a Pirate Day! As suggested by darryl, you should head over and grab the admiral's hat pattern for some quick money :)
Check out this great farming spot for clam meat and small lustrous pearls.
Here's a question and my response that you may find interesting:
"Recently I've found that while many players abuse the auction house, some do not at all, and simply sell outside of it. I think this is because the Auction House seems time consuming, unfair, and unsure to many players, and they turn to a more "controlled" "hands-on" option. They advertise erratically, sometimes for hours, sometimes maybe only for a few minutes, some are dead-set on a certain price, while others do not know what they are doing at all, and will settle for anything you offer. Here's an example for you...On my server, I'm currently buying Frozen Orbs outside of the auction house any time they are advertised. About half the players that want to sell them, are thinking they are going to get AH price, which is bullshit, because usually there is around 3-4 postings up there, split two ways between me and my Alt, so it only takes about two seconds to figure out if I can drive them downwards. I usually confront them with a very low price, like "Hey, I'll give you 30/a pop for those." they will refuse at first and say "No, man they're 80 on Auction House." so I go "Oh, what? That's BS." Don't you realize that there is only one guy selling those things?" I go like this for a couple of minutes, haggling. Usually I can get them for no more than 40, sometimes even less, for maybe 25 each. I then go to Auction house, and resell them for 80 gold within a couple of hours, a pretty quick and easy profit. If anyone goes to undercut me at the normal price, such as 60, or maybe even something so bold as 40 or 50, I buy them out immediately, and then put them back up for much higher prices (+50% or more) on numerous alts. Basically, I'm starting to do the same thing with many other items, and I'm getting better and better at it. Haggling is actually very easy to do because just like the general population, the WoW population is extremely ignorant and easy to fool. I know this is a very inconsistent way to make gold, sometimes just down right frustrating and sterile, but it is very exciting at times, and it is something any proficient auctioneer can do whenever he gets tired of the normal search. destroy. manipulate. over the auction house. Hell, you can do it while your doing all those things too.
Just tell me what you think about it, I'd like to see your feedback through your website. That'd be awesome!
-Linus"
Linus, there are three 'selling routes' in world of warcraft: guild/social, trade, and the auction house. If you are a clever auctioneer you can take advantage of all three. For instance, when dealing with guildies often they will sell you items just because they don't' feel like using the auction house; do them the favor of buying their stuff! I've had countless guildies come to me because they know I have money to burn and say things like: "Hey I have a dozen stacks of infinite dust, will you buy them for 200 gold?"
The next 'selling route' is through trade. Here you can spam away (keep it to once per minute) looking for deals and always be sure to be in the most frequented city of your faction (orgrimmar or stormwind). Quite often you can make a killing getting other people's professions to do your work for you such as cutting a gem for 5 gold then reselling it for 40 gold profit. But most frequently you'll get the attention of someone looking to dump the item you're trying to buy. I find trade is most useful for buying, not selling.
The last 'selling route' is the auction house. We all know just how painful and large this can look at first, and also how rewarding it is to put that little bit of effort into becoming good at it.
That little bit of effort is what seperates a poor man from a rich one and a challenger from a gladiator.
Tempfire over at the JMTC forums has a forum post which he updates regarding his favorite articles on this site for making gold.
Thanks Tempfire along with all the other great admins on the forums. Congratulations on 1200 members, you all made that possible.
Here's Tempfire's list of 'best' posts here at JMTC:
22 Steps to using the Auction house
Only 2 More hours till Raid, HELP
- Do I have to be the lowest priced item to sell?
- Selling Individual items instead of Stacks
- How to Time your Bids
- Auctioneer Review: Easy Gold
I got this tip from Rogueorc of Stormscale, but I need help fleshing it out. Please can someone make a video farming the mobs in question and post it on youtube? I'm looking for anyone with skinning and decent damage to do a quick 2 or more minute video of these mobs. Don't forget to try the kobolds and big purple spiders in the back of the cave.
"Hello!
im playing on stormscale server in wow character Rogueorc i found a good farming place i don't know if you know it or not.
In the cave at K3 in storm peaks is a gold mine :P if you kill the spiders in the cave you can get Iceweb spider silk that sell for 3-5g each and if your skinner you can get extra money. I went a run in the cave and i did get 10x iceweb spider silk and 3 stacks of Borean leather and 2x arctic fur. if you want you can make a movie on youtube and tell all other wow players.
Good Bye =)"
Prot is alive and well, living it up and helping my cousin Jhaman get geared in 3’s. We’re playing a comp that should not work… prot paladin, prot warrior, elemental shaman! The kills are hilarious and the damage is disgusting. I’ve been working for almost two weeks now trying to make the best gear setup possible for both damage and survivability. Trying to balance things that were never meant to be has proven to be a difficult yet rewarding challenge.
It’s crazy but I currently do more damage than an arms warrior with the control of a rogue. I no longer have to rely on cooldowns to kill stuff nor do I have to set them up perfectly with debuffs. All I have to do now is spam devastate/shield slam while keeping a target stunned/silenced and my partners throw in around 15k for good measure.
I feel that any more tweaking I do to the gear setup is just a minor bonus and I probably have the base for what stats prot pvpers should shoot for: 5% hit, 20% crit, 28k health, 2200 block value, 22% armor pen, 4100 base ap, +5% dev dmg, +10% crit dev, and 350 Resil.
I was smacking a 10k armory dummy with nothing but self buffs yesterday after buying the t9 pieces. Let me just say that a huge smile spread across my face when devastates broke 6k self buffed.
Judging from the enthusiasm brought forth by you all during my last gold contest I can safely assume that you all love getting free stuff. Well here's another chance :)
I received this email two days ago:
"I wanted to share my new website with you, www.EpicScreens.com. I have always wanted a screenshot website from the game I love most, but didn't find any, other than what Blizzard has, but there is no community behind it as far as commenting goes. So that's when I came up with Epic Screens. I have owned the domain for about a year now, but only recently cranked out the site due to another WoW screenshot website. I was extremely disappointed in the site and decided to let mine fly.
Along with the website I am giving away 2 free copies of the original WoW game for submitting screenshots as I do not have too many since I did not want to take them from other places. I hope this does as well as I think it should, just wanted to spread the word to you.
Well don't just stand there! Click and send in your favorite 'epic' photo.
Today's Suggestion Box Friday is a very special one. Yesterday in the wee hours of the morning I was gkicked from my guild. It was extremely complicated as the guild leader is one of the most manipulative people I've ever seen. One minute he's throwing out insults and turning the guild against me, the next he's asking forgiveness and begging me to take down a forum post which shredded all of his credibility as a guild leader. It was interesting to watch and I realized just how childish some people can be over a video game.
He told me to take my 3.5k dps (I do around 4.7-5k wearing 90% pvp gear) and kicked me because I called into question the fact that he has taken every plate dps piece (3 total) as well as 2 trophies for himself. He said that he showed up the most so he deserved the loot. Right, the fact that he did barely #1 dps and sometimes was passed by people wearing nothing close to his gear says that he should not be taking everything. He's a terrible leader and a snake when it comes to manipulating people. I'm a lovable guy but I don't let you take the middle ground when it comes to how I deal with people. You either are my best friend or you're on the shit list. The stuff he did to the girls in the guild was deplorable as well... we're talking trying to get them to become his friends and then sending them naked pictures of himself... he's one sick piece of crap.
Needless to say I'm very excited to be done raiding with that lunatic Vaeros. I've gotten a ton of invites to various guilds and I'm whole heartedly considering joining Fierce... an alliance guild on my server. Wouldn't that be interesting?
Do any of you have your own story regarding guild break ups, getting kicked, or quitting guilds in general?
I received this offer today and I was shocked. Of course I would never sell my account, nor would I ever recommend someone ever do it. But the amount was staggering. Some of you may remember Sean from the HowIwow.org interview mentioned that he would most likely accept this kind of offer for his wow account. Speaking of their podcast, I'm very sad to see it go, but am happy that both hosts can move on with their lives and hopefully into more profitable careers (Patrick is headed to work for blizzard). They have nothing but great memories from their program I'm sure and a huge fan base of grateful listeners.
Now back to $5,000 for your account. Would you take this? If not 5,000, then how much more? I mean honestly if someone offered you a million dollars for some 1's and 0's you will most likely only enjoy for 1-4 years... wouldn't you take that?
It's an interesting concept, and yes I reported the person who made the offer to me.
This article by Forbearance was absolutely hilarious, for the comments section, what would you do? If you don't know Forbearance is there to help you ret paladins learn to push more than three buttons in raids, or at least have a blast pushing them.
"I'll hire all my sexy readers. All of you. Your job is to sit there, eat bon bons, and play wow with me.
I’d like to expand on this a bit.
1) We’ll be a pretty big guild and there will be NO drama. People who get into drama will have their penis decapitated with a rusty spoon dirka dirka Muhammad Jihad style.
2) Everyone one of us will be a brick in a brick house. If we throw individual bricks at Yogg, he’ll laugh. But, if we stack them bricks and build a huge-ass brick house and drop that on his face, it hurts. We execute as one unit and we do whatever the raid leader tells us to do. If the rl calls for field goal on 1st & 10, we kick the field goal. Anyone who says things like “that’s dumb” or “why don’t we try…” or anything like that… dirka dirka Muhammad.
3) I don’t wanna be the raid leader or the GM. I don’t wanna deal with formulating strategies, raid composition, or any other administrative stuff. I’m a lazy deeps and I just kill skull.
For GM role, I’d appoint someone with proven track record of leading a big guild through end-game contents. Matticus comes to mind. The only thing about Matt is that he looks like a big wobbly teddy bear and I’m skeptical whether he can instill fear in people’s hearts. During ready checks, I need someone to yell out stuff like “on my command, unleash hell”, and you can’t do that in Barney’s voice.
I want a solid range dps to be the raid leader, this is because range dps has visuals on the entier raid movement/positioning and has much higher margin of error than those of tanks/healers.
4) All gems and enchants will be guild-provided. So, I’ll hire Gevlon as the guild gold fund manager. He says stupid things and pisses me off, but his investment acumen and market discipline is legit.
5) I’d hire Averna and Ferraro, just so Averna can have the first set of legendary fragments.
6) Slayton, Markco (he runs JMTC), Hana, and Rafa will be required to form a 5v5 arena team with me and carry me through 1800+ rating. I want the furious mace. All other ret pallies have furious mace and they don’t let me join in the reindeer games. It’s bullshit. Antigent will be required to put his furious mace in the bank and run around with something like Sonic Spear until I get my mace. It’s not that I’m bad at PvP. It’s just that I treat everything like UK trash. I do insane dps, but I only excel at dpsing down stationary targets that don’t sheep and stun me. I also operate on an “agro table”--I just go after whoever pisses me off the most."
Please read the rest of the article here and let Forbearance know if you liked it!
Sell off hands with inscription. There's actually a very real market for them with fresh level 80 shamans, priests, paladins and druids.
Since there are still no honor weapons to be found on vendors this season my titansteel weaponry has been selling like crazy. What's more, my off hand books are selling from inscription!
I had long ago stopped crafting these books because they could not be disenchanted for abyss crystals as a gold making strategy once abyss crystals tanked after Trial of the Crusader was released.
With herb prices dropping milling has become even cheaper and thus the offhands can be sold at great prices to new players looking for something in that slot. This also saves a player having to waste badges on their off hand when they can get tier gear instead while initially gearing their character.
NoobinAzeroth Guest Post:
If you have ever played an MMO before you would probably be aware of a certain etiquette required while playing. I was playing with several PUGs earlier this week, and I noticed that certain events during the game triggered certain, and specific reactions from the players in the group. It was a trend that interested me, and decided to focus on Azerothean Etiquette, Ethics and a great idea on my part, for this post.
While you do get alot of players who totally disregard etiquette, by either quitting without warning, or thinking they're Bruce Lee and ninja-ing that sweet pair of rare gauntlets from right under you, the majority of players are honest, and polite people. The first thing that got my attention regarding this, was when someone in the party dinged, and regardless it was only level 25, there was congratulations all round, with one or two members of the 5 man group even cheering. I then started to see other trends such as, when someone says something along the lines of "drink" or "mana break" everyone stops what they're doing and wait for that one person to get back to 100%, without question. Why can't the real world be like this?
Think about it for a minute, how great would real life be, if, everytime you succeeded in something, everyone around you clapped and cheered? Or if you could take a "mana-break" from work anytime you needed to? Would Adolf Hitler have done what he did, if someone, even one person, commended him on his artwork as a young Austrian youth? Maybe, but who knows, human kindness only seems to exist on the internet these days.
If there was someway to track the amount of donations to guild banks and low-level characters in World Of Warcraft in a single month, I'm almost positive that the figure would eclipse the entire annual collections of The Red Cross in one year. You may say that this is virtual money versus real money, but I can assure you, that these players worked just as hard for that 100 gold as they did for that €1, dollar or whatever.
Wait. What if charities could exist in a persistant world like World Of Warcraft? What if I could donate 100 gold to a charity of my choice. Sure, what would a charity do with virtual money? Maybe the likes of Blizzard could donate €1/$1/£1 for every 100 gold collected. I can see this as being good for both the charity, and Blizzard, as it would help remove excess money from the in-game economy, and will help Blizzard's public image. There could even be incentives to donate, such as achievements for donation milestones, titles, and even temporary ingame buffs.
But then again, this isn't a perfect World (Of Warcraft)...
This is a short guide that should help almost anyone become a better seller, which is handy
because it means you'll be making more money. Any profession with the right seller behind it can be profitable...well except maybe Engineering. <.< I. Be Upfront
This is a big one!!! Be upfront about what you're looking for. There's typically 2 ways trades can occur, tips or fees. The difference is huge, and misuse of these can potentially make you lose customers faster than you can bat an eyelash.
Tip =/= guaranteed payment. A tip is an optional giving of money chosen by your customer. You can't say "tip 10g". That doesn't make sense, that's a fee. Do not get angry when you put up accepting tips and don't get money, it's your fault about not being upfront about what you want, just be honest to your customers and be up front about what you are looking for. Feel free to say you're accepting tips, feel free to not mention it at all, but whatever you do, remember that tips are optional.
Fee = guaranteed payment. A fee is a forced payment of an amount of your chosing on top of any other additional costs (ie: mats).
The difference is small, but it makes all the difference in the world. A lot of people would sooner pay a 15g fee than someone looking for a 10g tip, simply because the 15g fee guy is upfront about what he wants and is direct, whereas the 10g tip guy is sneaky and underhanded about what he's looking for, which doesn't gel with most people.
II. Be Polite
Seems basic, but is easily forgotten. Be polite to your customers, and they'll tend to reply in kind. Don't be pushy, don't be egotistical, don't be impolite, don't get angry. Your word language can be the importance between getting a sale or not or even determining how much Gold someone will be willing to part. This means even if you're only looking for money, you have to treat your customer like a human.
III. Be Efficient
You know the old saying, "Time is money"? Well, turns out it's true. If you want to make more money, you need to keep your trades short. Not too short, that gives the impression you're just seeking gold now (even if that is the case, it's a bad impression to give off), not too long, that weakens your ability to get gold faster.
Assist your customer if they ask questions (what mats do I need? what do you have? etc), but make sure to keep the conversation flowing fluidly. If someone is being too slow or not responding, quite simply tell them that you need to go and it was nice talking to them, hope they have a nice day. Quick and to the point, without showing any anger or impoliteness.
IV. Have a Plan to Deal with Everyone you Meet
This kinda ties into with Be Efficient, but have a plan on how your trades will go down before they do. Know what you're offering, know the answer to any potential questions that come up, essentially, know everything related to what you're trading. This will help speed up your trades because you're going into them with a plan and already have it set out what you will or won't do, which means more money over time for you..
V. Learn Marketing Techniques
While these are techniques you might not be able to apply often in the virtual world, they are still techniques you should know and utilize none-the-less.
If you have a really rare item or an item that a lot of people want but no one is around at this point and time that can make it, you can utilize Haggling. Essentially, to get the most out of this, you raise the price of the item you're trying to market by about 10-20%, but will secretly be willing to part for it at its normal price (or slightly lower). If people really want the item, they might quickly accept it and you're 10-20% richer. Some smart people might haggle with you for the lower normal price, in which case you don't lose anything (but this will be rare, so expect to make more money!). It's key you only apply this in that situation though, otherwise people will just ignore you.
Another rare technique you can utilize is if you have an item you don't need and can't really sell, and have a product someone really wants (and your item can be useful to them in some way), you can make a Buy 1 Get 1 Free Sale. Essentially, you raise the price of your "real" item by approx. 5-30% depending on what the item you don't need is, and then trade both items at this price. You will make some cash this way since your other item wasn't really marketable anyways. It also plays on the mind a bit, it seems like a deal (and it technically is) so people can sometimes really buy into this concept so long as the "free" item is something remotely useful in some way.
VI. Build Connections
Your customer is more than just the gold he parts with you, he's also the path to more money. If you find a good customer who knows what he wants, seems friendly (means he probably has friends!), and is also efficient about his trades, make a connection with him. Friend him, make small talk every now and then, tell him if his friends/guild need anything you can make it for a reduced cost, and offer the same deal to your connection.
I know a discount seems a bit odd giving the whole deal of this is to get more money, but in the long run a lower fee will make them use your more over other competitors which means you will wind up making more money than normal from these folks.
To give an example of how a very good seller can utilize this concept, I used to know avery established Rogue on another server, who made a unique Pick Locking service. He did things in person, charged a flat fee based on various factors (Player Level, Item Level of the Lock Boxes, base fee), but also had special deals where doing multiple lockboxes would make all the lockboxes beyond the 1st 50% cheaper to do, etc.
He also had a "subscription"
In the end, he made his tradeskill a business and he made quite a deal of profit off of Pick Locking alone, but you don't have to do anything this fancy at all. Find people who you can live to deal with day in and day out, and connect with them, all it takes is to find the right person, and then you're connected to all his friends, and when they see how awesome you are, you're connected to their friends, and so on and so forth. It's a bit time consuming to start with, but it can really pay off for you in the end.
Anyways, I hope this helps someone, after seeing a few bad sellers earlier today, I really just felt like maybe some of this stuff isn't obvious and could help someone. :)
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Blackmane, a regular poster and MVP for the JMTC forums is hard at work on his own blog called Too Greedy.
"Most students are now back to school, so we should expect market changes to what they were like in June/July. There will probably be less buyers, and also less sellers, which may be good or bad depending on the point of view. Less buyers isn't a very good thing, but we can live with it, because there are still weekends. Less sellers may mean less supply and then higher prices, and it also means less competition, which means less work hassle for us auctioneers.Be ready for these changes, and take advantage of the sudden lower number of players. Take this opportunity to make a statement for yourself on the markets you play. Show competitors you're not gone, and pull your weight for this; you may get people out of *your* market if you did the right thing during Summer time (I hope you weren't a cricket ^^).
Play Zamboni style (JMTC forum members know what I'm talking about) if you have what it takes, or just take it softly if that's your own way. As long as you have a strong presence, there's no wrong way to go. But make sure you have the money for it beforehand!
This "event" is already causing changes (most likely on every server). Check this topic from the JMTC Forum.
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