Let's hear from the AH gurus, those that don't do daily quests anymore, but simply spend time in the AH each day for cash. What are some specific tips you use to make gold on the AH?
I'll start. Auctioneer is required for the methods I use.
Scan the AH each day, or twice a day, by selecting the fastforward icon ">>" at the top of the Browse tab on the AH. If your computer is too slow to handle this, perhaps this may not be for you.
Tip 1 - Disenchanting
This is an old standby. Make your AH toon an enchanter and do an auctioneer Disenchant search. I set a minimum profit of 2g and min discount of 50%. Price valuation method is Enchantrix. You want to allow bids and buyouts. If your enchanting is lower than 500, set custom levels to limit what you buy to your current level.
All buys are done with the Purchase button. Pressing Ctrl-Shift-Alt changes it to Purchase All for one click buying.
You'll want to get a mailbox mod to allow you to get all mail, since you will lose many bids. That's ok.
Set Automation. Do /Enchantrix Config, and select Automation, watch bags. I uncheck auto-disenchant epics.
Tip 2 - Snatch Search
OK, disenchanting is fun, but why not expand? Just because I'm not a skinner, doesn't mean I shouldn't make money on skins. The same goes for all the professions, even enchanting. This is really buy low and sell normal. I do at least as much business this way as with disenchanting.
So, what should we buy? Well, let's look at mats used to level professions. People are always leveling, and you can sell them what they need.
First off, we are going to set our percent at 35%. In other words, if someone posts something you are snatching at 35% of value, you want it. Then you will repost it at the normal auctioneer match price value. Since you are only buying at 35%, you have a good margin so as not to lose money due to changing prices.
If you raise the percentage higher, you will make less profit, and run the danger of being swamped. I upped it to 50% as a test and ended up with 16k worth of mats on the AH. I'm much happier at the 35% setting, and still bid on hundreds of items per day. You can adjust this percentage depending on how aggressive you want your buying to be. You can even change it on a per item basis, bringing it down a bit if you want to buy less, up a little if you want to buy more.
Now, how do you get something into your snatch list? You could populate the Snatch item by ctrl clicking an item link, but I recommend in chat typing "/snatch [item] 35%" , where [item] is the item link created in chat with a shift click.
So, lets do one. Find some copper ore or a copper bar on the AH and Snatch it using the chat line above. Now check your snatch list. See the copper? That's it. Save your list with the Save Button on the top of the window, and search for your snatch items by clicking the Search button.
Now, what to put in? For starters, how about types of leather, herbs, ore, bars, and enchanting mats. You'll be buying at 35% and reselling normal. You can add other items to your list as you see fit. If something really doesn't sell well, you can delete it from your list. You may want to add cloth or volatiles.
My snatch list has many items that I buy on sight at 35%.
Don't forget your purchase all option, by clicking Ctrl-Shift-Alt, and use price matching for quick sale.
Tip 3 - Resale search
My Strategy is to stay away from buying and selling weapons and armor. Any weapons or armor that lands in my bags are for disenchant. I stick to trade goods and mats. Go to search, Resale, and set a Min Discount of 75%, min seen count 50. Allow Bids and Buyouts. I set a max price of 200g, and a price valuation method of Market Price. I check Subtract auction fees and deposit.
In order to limit what items show up, I set a filter. Expand out filters on the left, select ItemQuality on the left and put a check in Resale, then below that I only left unchecked the lines for "Trade Goods". Personally, I don't want to deal with the other items in this search. You can leave unchecked other categories you are interested in.
When I find an item in this search that I want to buy, I'll add it to my Snatch list, so that it can be found there. Really, I want my snatch list to be where I specify what I buy, but this serves to show me what I am missing. If an item's pricing data is wrong for whatever reason, you can clear its historical data with "/auc clear [item]".
I do this AH routine on horde and alliance twice a day, and consistently make at least 1k/day on the AH.
So, what do you do on the AH? I'd love to try some new things. If you craft items to sell, what are they? If you make money farming for the AH, what's your secret? Come on, we won't tell anyone.
For people that can't seem to make any cash, I've just given away all my secrets. I have no doubt that I could start a level one and he would have epic flyer money in a few weeks, so get busy!! It's a good feeling once you know that you can make all the gold that you need. It just takes a little effort and doing it as part of your daily routine.
Edited, Jun 16th 2011 10:34pm by dadanox
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Making the AH your DailyFollow
Making money on the AH is a topic that, to do justice, would take more than a post, more than a thread, more even than a blog - and there are a couple of very good ones out there that I read daily (although the discussions tend to be more about hitting the gold cap rather than using ten minutes to make 100g on the AH rather than 10g for doing one more daily)...
Some things that came quickly to mind:
- Especially if you're just starting out and don't have a huge bankroll, use the auctioneer "Vendor" search. As the name implies, this kicks back a list of every auction listed at under the vendor price. It's not great money, and on many servers it will usually be empty, but everything you find there is /guaranteed/ profit.
- Vertical integration between crafting alts. Cheap saronite ore becomes saronite bars (mining/smelting) becomes titanium bars (alchemy) becomes titansteel bars (mining/smelting) becomes best-in-slot ilvl 264 tanking gear (BS). Or it becomes green-quality gems (prospecting) becomes green jewelry (JC) becomes dust and essences (disenchanting) becomes high-end enchanting scrolls (enchanting and possibly inscription for the vellum).
- Arbitrage. Frozen orbs can be traded for eternals, frost lotus, and orbs. Heavy borean leather can be traded for arctic fur. If frozen/heavy sell for less than the equivalent, you can trade in Dalaran and flip for the difference.
- Cycles. Anything that is farmed by players (as opposed to bots) will be cheap when the farmers are dumping and dear when few of them are around. Consumables will see high demand just before intense raiding starts and cut gems/leggings/enchants/etc. will see high demand just after intense raiding ends.
- Stockpile. If you see materials on the cheap, buy it all, even if you can only use it in dribs and drabs. Not only does it guarantee you a supply, but it allows you to keep your prices low while maintaining a consistent profit margin - allowing you to undercut the competition and at the same time service more quantity demanded at the lower price point. The quantity is what really makes this worthwhile - it doesn't matter if I make half the profit per sale as you do if I sell three for your one.
- Some assembly required. Back in the day, I made the money for epic flight on my first toon by watching - every day - for low-priced darkmoon cards. And stuck them in my bank until I had a deck, making double profit from the markup for building the deck (which sold for more than the sum of the cards) and from the savings on the cards themselves. This specific market isn't as good as it used to be now that DMC:G is (finally!) obsolete, but the principle is sound and there are other examples.
- Some disassembly required. Crystallized elements often sell for 1/5 to 1/7 of an Eternal, but you get 10.
- There's no unwritten law about undercutting. As long as you know what you're doing. Selling at 50% of a market-clearing price is stupid, but selling at 50% of an artificially-inflated monopoly price can be doubly smart (every sale you take is profit for you and lost deposits for them).
- The in-game bank doesn't pay interest. The only way your balance will grow is to have your money out there, working. Even if profit margins are small, it beats zero.
Some things that came quickly to mind:
- Especially if you're just starting out and don't have a huge bankroll, use the auctioneer "Vendor" search. As the name implies, this kicks back a list of every auction listed at under the vendor price. It's not great money, and on many servers it will usually be empty, but everything you find there is /guaranteed/ profit.
- Vertical integration between crafting alts. Cheap saronite ore becomes saronite bars (mining/smelting) becomes titanium bars (alchemy) becomes titansteel bars (mining/smelting) becomes best-in-slot ilvl 264 tanking gear (BS). Or it becomes green-quality gems (prospecting) becomes green jewelry (JC) becomes dust and essences (disenchanting) becomes high-end enchanting scrolls (enchanting and possibly inscription for the vellum).
- Arbitrage. Frozen orbs can be traded for eternals, frost lotus, and orbs. Heavy borean leather can be traded for arctic fur. If frozen/heavy sell for less than the equivalent, you can trade in Dalaran and flip for the difference.
- Cycles. Anything that is farmed by players (as opposed to bots) will be cheap when the farmers are dumping and dear when few of them are around. Consumables will see high demand just before intense raiding starts and cut gems/leggings/enchants/etc. will see high demand just after intense raiding ends.
- Stockpile. If you see materials on the cheap, buy it all, even if you can only use it in dribs and drabs. Not only does it guarantee you a supply, but it allows you to keep your prices low while maintaining a consistent profit margin - allowing you to undercut the competition and at the same time service more quantity demanded at the lower price point. The quantity is what really makes this worthwhile - it doesn't matter if I make half the profit per sale as you do if I sell three for your one.
- Some assembly required. Back in the day, I made the money for epic flight on my first toon by watching - every day - for low-priced darkmoon cards. And stuck them in my bank until I had a deck, making double profit from the markup for building the deck (which sold for more than the sum of the cards) and from the savings on the cards themselves. This specific market isn't as good as it used to be now that DMC:G is (finally!) obsolete, but the principle is sound and there are other examples.
- Some disassembly required. Crystallized elements often sell for 1/5 to 1/7 of an Eternal, but you get 10.
- There's no unwritten law about undercutting. As long as you know what you're doing. Selling at 50% of a market-clearing price is stupid, but selling at 50% of an artificially-inflated monopoly price can be doubly smart (every sale you take is profit for you and lost deposits for them).
- The in-game bank doesn't pay interest. The only way your balance will grow is to have your money out there, working. Even if profit margins are small, it beats zero.
Thanks ElMuneco. I'm hoping we can encourage someone with little cash to give the AH a try.
Searches like your suggestion of vendor items take very little cash to start, and no risk. The things I am suggesting also allow someone to start small, and require very little analysis to be successful. A lot of people think playing the AH means buying weapons and armor for hundreds or thousands of gold and reselling them for a big killing (tempting but risky). I want them to rethink that and start to earn a consistent income with little risk and the opportunity for growth.
If you are working toward gold cap, you aren't the person I am trying to help. If you don't have much cash, and would like to earn a good daily income to help toward some goal like a flyer or chopper, please give it a try.
As you stated, one post won't give full coverage to the wow economy and the AH. However, it could show someone a way to increase their fortune.
Edited, Jun 10th 2010 5:20am by dadanox
Searches like your suggestion of vendor items take very little cash to start, and no risk. The things I am suggesting also allow someone to start small, and require very little analysis to be successful. A lot of people think playing the AH means buying weapons and armor for hundreds or thousands of gold and reselling them for a big killing (tempting but risky). I want them to rethink that and start to earn a consistent income with little risk and the opportunity for growth.
If you are working toward gold cap, you aren't the person I am trying to help. If you don't have much cash, and would like to earn a good daily income to help toward some goal like a flyer or chopper, please give it a try.
As you stated, one post won't give full coverage to the wow economy and the AH. However, it could show someone a way to increase their fortune.
Edited, Jun 10th 2010 5:20am by dadanox
Quote:
Scan the AH each day, or twice a day, by selecting the fastforward icon ">>" at the top of the Browse tab on the AH. If your computer is too slow to handle this, perhaps this may not be for you.
I love you just for this. I never even noticed that button and I've been doing slow, 15 minute scans. This is a million times better.
Majivo wrote:
Quote:
Scan the AH each day, or twice a day, by selecting the fastforward icon ">>" at the top of the Browse tab on the AH. If your computer is too slow to handle this, perhaps this may not be for you.
I love you just for this. I never even noticed that button and I've been doing slow, 15 minute scans. This is a million times better.
Hurray, I've helped. I'll view that as success.
Now, if only I'd hear from someone who is excited at making some gold, where they were struggling before...
Majivo wrote:
Quote:
Scan the AH each day, or twice a day, by selecting the fastforward icon ">>" at the top of the Browse tab on the AH. If your computer is too slow to handle this, perhaps this may not be for you.
I love you just for this. I never even noticed that button and I've been doing slow, 15 minute scans. This is a million times better.
I agree that this makes a huge difference. One caveat: if your connection is bad or your lag is extreme, this is a very good way to get disconnected from the server. If the meter is even yellow for me, I'm careful to check regularly if I'm doing other things during the scan.
The only problem i see is very little chance on one of my servers of making much gold . I guess others are doing the same and i never see any vendor items and disenchanting items if i am lucky there may be 20 that i can bid on so if i am lucky i may win a few each day as most are outbid , so for me it is slowly trying to build a snatch list which may work in the end .
I guess what i am trying to say it is very much dependant on just how many AH farmers are on the server or how many stupid people that underprice items .
I will say that on another of my servers i can easily make enough gold to supply all my needs so it is worth doing .
I guess what i am trying to say it is very much dependant on just how many AH farmers are on the server or how many stupid people that underprice items .
I will say that on another of my servers i can easily make enough gold to supply all my needs so it is worth doing .
sandralover wrote:
The only problem i see is very little chance on one of my servers of making much gold .
If it wasn't for the fact that I'm on a US server, I'd view that as a challenge. It would be fun for me to take 2 weeks and start from nothing and see what I can get to. Anybody have a suggestion of a US server with a bad economy I could try?
Edited, Jun 13th 2010 8:01am by dadanox
2 posts
Quote:
Making money on the AH is a topic that, to do justice, would take more than a post, more than a thread, more even than a blog - and there are a couple of very good ones out there that I read daily (although the discussions tend to be more about hitting the gold cap rather than using ten minutes to make 100g on the AH rather than 10g for doing one more daily)...
Care to point us in the right direction?
Thanks for the thread, guys, already learned some great stuff and made a few G's over the weekend. Nothing grand, but it's nice to earn a little money without grinding
I have a few markets I watch, my main ones are
Rare Gems
For someone fairly new to JC without alot of cuts, these are a great investment in patterns. Probably better then epic gem patterns to be honest. I buy out cheap uncut gems, they are usually plentiful on my AH. If ore prices are favorable, I'll buy in bulk and prospect. I have good cuts from each gem type, and I keep them well stocked on the AH.
Epic Gems
Simple really, buy gems when cheap, cut, sell. Eventually notice the weekly price wave and buy low/sell high. Tuesday nights are insane for gem selling, I've routinely pulled 5k+ nights from gems alone on tuesdays. This is also ideal time to sell belt buckles, enchant scrolls, leg armors, etc..
Blacksmithing Accessories
My paladin is JC/BS, so when I'm done with my gems I look for my BS staples. Buyout mats to make 20-40 belt buckles (depending on prices), figure out cost per buckle then figure out a sale price. I make belt buckles, enchanting rods (all of them), titanium weapon chains, those shield attachments. That's about it.
Blacksmithing Weapons
The Titansteel _______. Not all of them sell, but I usually keep a Destroyer on the AH and a spellblade. Sometimes a shanker as well. The rest I find sell rather slowly. The healer mace is decent. Aim for 100-350g profit on each after AH fee and factor in 4-6 reposts at 4-11g. It gets expensive listing these, so make sure to factor those prices.
Blacksmithing Armor
Titansteel stuff is used to level the last few points so be careful here. I find it sells kind of slow. Of the 3, holy gear is the worst, DPS gear sells the fastest. I don't worry too much about this gear. I have the ICC/TOC patterns, they sell too slowly and I don't even make them anymore. I listed DPS bracers a good 12 times at a decent, reasonable markup and they didn't sell. I had to wholesale them out below cost of mats to recoup something. Since then I don't touch this market. I'll never pay for expensive patterns again. Not worth the investment to me.
Inscription - Glyphs
I make every Glyph I can. I use KTQ to manage it all. I sell using QuickAuctions, and I use multiple bank alts to handle all the glyphs. It's alot of work, but it averages me about 10,000g/week profit so I keep doing it :P
Inscription - Supplies
Armor/Weapon vellums, pet rename things, runescrolls and off hands. I have a seperate alt for all this.
Alchemy - Gem Transmutes
Make my epic gems everyday. I also check titanium bar prices, if it's worth it I'll transmute a bunch.
Rare Gems
For someone fairly new to JC without alot of cuts, these are a great investment in patterns. Probably better then epic gem patterns to be honest. I buy out cheap uncut gems, they are usually plentiful on my AH. If ore prices are favorable, I'll buy in bulk and prospect. I have good cuts from each gem type, and I keep them well stocked on the AH.
Epic Gems
Simple really, buy gems when cheap, cut, sell. Eventually notice the weekly price wave and buy low/sell high. Tuesday nights are insane for gem selling, I've routinely pulled 5k+ nights from gems alone on tuesdays. This is also ideal time to sell belt buckles, enchant scrolls, leg armors, etc..
Blacksmithing Accessories
My paladin is JC/BS, so when I'm done with my gems I look for my BS staples. Buyout mats to make 20-40 belt buckles (depending on prices), figure out cost per buckle then figure out a sale price. I make belt buckles, enchanting rods (all of them), titanium weapon chains, those shield attachments. That's about it.
Blacksmithing Weapons
The Titansteel _______. Not all of them sell, but I usually keep a Destroyer on the AH and a spellblade. Sometimes a shanker as well. The rest I find sell rather slowly. The healer mace is decent. Aim for 100-350g profit on each after AH fee and factor in 4-6 reposts at 4-11g. It gets expensive listing these, so make sure to factor those prices.
Blacksmithing Armor
Titansteel stuff is used to level the last few points so be careful here. I find it sells kind of slow. Of the 3, holy gear is the worst, DPS gear sells the fastest. I don't worry too much about this gear. I have the ICC/TOC patterns, they sell too slowly and I don't even make them anymore. I listed DPS bracers a good 12 times at a decent, reasonable markup and they didn't sell. I had to wholesale them out below cost of mats to recoup something. Since then I don't touch this market. I'll never pay for expensive patterns again. Not worth the investment to me.
Inscription - Glyphs
I make every Glyph I can. I use KTQ to manage it all. I sell using QuickAuctions, and I use multiple bank alts to handle all the glyphs. It's alot of work, but it averages me about 10,000g/week profit so I keep doing it :P
Inscription - Supplies
Armor/Weapon vellums, pet rename things, runescrolls and off hands. I have a seperate alt for all this.
Alchemy - Gem Transmutes
Make my epic gems everyday. I also check titanium bar prices, if it's worth it I'll transmute a bunch.
Usually I make my good money on older recipes that no one's selling anymore - the different bags have served me well.
Made back off of the outland herb bag for a bit, then there was the mining bag and pulled some decent change off of netherweave 16 slots after PLing my gal through every outland instance in a week.
Made back off of the outland herb bag for a bit, then there was the mining bag and pulled some decent change off of netherweave 16 slots after PLing my gal through every outland instance in a week.
Thanks so much for this thread. There are a lot of these that I've been doing, but most of it by hand, so I haven't been doing it much.
I considered myself pretty good about handling gold. I leveled all the gathering professions first (mining/herbing on my DK farmbot for the Unholy mount speed and skinning on my hunter). My druid has maxxed alchemy and jewelcrafting, my hunter has max leatherworking, max enchanting and inscription for my priest, and the baby pally tank I'm leveling got blacksmithing and engineering. No tailor yet, but the consumable professions got first priority. I leveled them in a kind of waterfall pattern. I sent everything I gathered from leveling mining/herbs to my alch/jewelcrafter. Sold off the potions and sent the extra money, flowers, and greens to the scribe/chanter. With those four, I could make enough money to buy whatever I wanted for my pally's professions without having to go out farming.
This way I've had enough to buy dual spec at 40, flying at 60, and epic flying at 70 for all my alts as they level. But I've still had to be a bit careful. I tend to bounce between 10k and 20k gold across all my toons. Enough to fly, but not enough to splash on a mammoth or anything.
I am transmute speced for epic gem procs, but I don't see a lot of benefit from it - I seem to get an extra gem every two weeks or so. I don't do much with making potions or flasks since one of my guildies is elixir specced, so I just get him to make any of that I need.
I've been using Auctioneer, but only to track price history, I'd never explored all the Search features, that is going to help so much. The best bit I've picked up here, though, is:
This is awesome. Trying to effectively manage profitable glyph production by hand is a nightmare. Just one question - I've not used Skillet before, is there a way to one-button create the entire queue? When I'm making two each of nearly a hundred different glyphs, hitting the start button every five seconds is a bit of a pain.
So, thanks again guys. I've been using the strategies you all laid out here, but I had no idea there were tools to streamline the process so much. I'm going to go from only sitting down and spending four or five hours once a month to organize auctions to doing it a couple times a week.
I considered myself pretty good about handling gold. I leveled all the gathering professions first (mining/herbing on my DK farmbot for the Unholy mount speed and skinning on my hunter). My druid has maxxed alchemy and jewelcrafting, my hunter has max leatherworking, max enchanting and inscription for my priest, and the baby pally tank I'm leveling got blacksmithing and engineering. No tailor yet, but the consumable professions got first priority. I leveled them in a kind of waterfall pattern. I sent everything I gathered from leveling mining/herbs to my alch/jewelcrafter. Sold off the potions and sent the extra money, flowers, and greens to the scribe/chanter. With those four, I could make enough money to buy whatever I wanted for my pally's professions without having to go out farming.
This way I've had enough to buy dual spec at 40, flying at 60, and epic flying at 70 for all my alts as they level. But I've still had to be a bit careful. I tend to bounce between 10k and 20k gold across all my toons. Enough to fly, but not enough to splash on a mammoth or anything.
I am transmute speced for epic gem procs, but I don't see a lot of benefit from it - I seem to get an extra gem every two weeks or so. I don't do much with making potions or flasks since one of my guildies is elixir specced, so I just get him to make any of that I need.
I've been using Auctioneer, but only to track price history, I'd never explored all the Search features, that is going to help so much. The best bit I've picked up here, though, is:
mikelolol wrote:
I use KTQ to manage it all.
This is awesome. Trying to effectively manage profitable glyph production by hand is a nightmare. Just one question - I've not used Skillet before, is there a way to one-button create the entire queue? When I'm making two each of nearly a hundred different glyphs, hitting the start button every five seconds is a bit of a pain.
So, thanks again guys. I've been using the strategies you all laid out here, but I had no idea there were tools to streamline the process so much. I'm going to go from only sitting down and spending four or five hours once a month to organize auctions to doing it a couple times a week.
I installed Auctioneer today, and one thing I've noticed that you didn't mention in the OP is that it will take a few days before the scans start to give me an accurate pricing history on stuff. For example, it currently says that Primordial Saronite (the last thing I looked at, as I want the Hellfrozen Bonegrinders) is valued at 800g, when over the last few days, 800g is the HIGHEST I have seen it, with prices usually around 700-750.
Also, do you have to rescan every time before you do a Vendor search? I've run that search a few times, and usually there are very few results, and the few results I have seen no longer exist when you try to buy them.
Also, do you have to rescan every time before you do a Vendor search? I've run that search a few times, and usually there are very few results, and the few results I have seen no longer exist when you try to buy them.
InsanityShade wrote:
Also, do you have to rescan every time before you do a Vendor search? I've run that search a few times, and usually there are very few results, and the few results I have seen no longer exist when you try to buy them.
Yes since the search just searches the cache that Auctioneer has downloaded.
Laecy wrote:
This is awesome. Trying to effectively manage profitable glyph production by hand is a nightmare. Just one question - I've not used Skillet before, is there a way to one-button create the entire queue? When I'm making two each of nearly a hundred different glyphs, hitting the start button every five seconds is a bit of a pain.
So, thanks again guys. I've been using the strategies you all laid out here, but I had no idea there were tools to streamline the process so much. I'm going to go from only sitting down and spending four or five hours once a month to organize auctions to doing it a couple times a week.
There was a guide posted on the internet a while ago, I simply followed it. I thought I had a good system, I resisted/fought some of the changes I heard about, but eventually just ran with it (for example I thought it was stupid creating ALL glyphs, knowing some are worthless).
Guide for the interested - http://www.ah-whoring.com/2009/10/30/video-guide-to-kevmars-ktq/
But I eventually changed my mind. The guide combines KTQ, Skillet and Altoholic. You simply create every glyph, restock the ones that sell out, then list them all using for example, QuickAuctions.
I do have to manually click "create" for all my glyphs, but at least I can queue them up with "ktq queue 3 Glyphs". I post 2 at a time on the AH, turn snowfalls to runescrolls and sell them in 20 stacks at 2g+ per item, I set my "bonusqueue" to 7 so when 2 glyphs sell out I end up making 9.
There is another school of thought that says simply maintain a 20 stack of every Glyph, but I see too much waste in that method, especially this late in the expansion with uncertainty in the air.
So the long processes of the glyph factory are buying, dealing with mail, milling, creating inks and creating glyphs. Milling being the worst. Restocking on a daily basis is pretty short, but dealing with mail, auction cancels, expires eats tons of time. If you want a solid 1000g+ per day inscription will generally do it (depending on competition) if you are willing to do 1-2 cancel/repost cycles a day on an average server. I've had days pulling 5k. But its alot of annoying grunt work. Still beats dailies though, hence why when I need gold I spend my time crafting/dealing with mail/auctions rather then going out farming/dailies/etc
However if I had lots of time over a short period, say 4 days off, you can only craft so much. Once everythings crafted and posted, a few cycles of dailies can become the next best gold/hour after that. But I put my time at around 1000g/hour doing inscription of JC'ing so I tend to be a hardcore crafter.
Edited, Jun 20th 2010 8:01pm by mikelolol
Mikelolol, do you gather all the herbs needed for milling? How does that work out? After reading your advice, I'm tempted to level my inscriber some more and give it a try.
Done it both ways. If you have a fair amount of gold and herb prices are acceptable, I'd just buy them from the AH. I do have a DK who I gathered herbs from 1-375, it took a while but was kind of fun in its own way. My priest (on my main server) I just sent him a few thousand gold and powerleveled it and bought a bunch of books.
You need about 40-50 books of glyph mastery, about 3 months of daily research to learn all the minors and nearly 4 months to learn all the majors. But I was making nice gold long before I learned all the glyphs. I still don't quite have all my majors, but I finished the books off very early as I considered them an investment, and you learn some really hot glyphs from them so it's well worth the price (I was paying up to 30g a book a few months ago, seems they've dropped even more in price recently to about 15g).
Edited, Jun 21st 2010 10:49am by mikelolol
You need about 40-50 books of glyph mastery, about 3 months of daily research to learn all the minors and nearly 4 months to learn all the majors. But I was making nice gold long before I learned all the glyphs. I still don't quite have all my majors, but I finished the books off very early as I considered them an investment, and you learn some really hot glyphs from them so it's well worth the price (I was paying up to 30g a book a few months ago, seems they've dropped even more in price recently to about 15g).
Edited, Jun 21st 2010 10:49am by mikelolol
I guess I do it the old skool way. I sit at the AH and search stuff, all kinds of stuff, that I know I can go out and get with my DK. I take note of these stuff, on paper. I write what the crazy *** dumbass put the buy out at (4K gold on 20 wool cloths? 13 stacks of the? yea good luck or maybe they didn't know they were on single items when they put a stack up. The new AH option has gotten me too) and what the lowest is going for.
I then go gather. It could be herbs, fish, mines, cloth,pets, or even Gems I prospect. I then send these items to different toons... toons that don't share my "Sandinmy____" set up (so it doesn't look like I'm flooding the market XD).
I then post stuff and different levels of Gold. Usually in the middle.
I don't undercut, I up my price. If something is on the AH for Max 1000 gold and the lowest is 20gold (and only 1 stack of the 20g one) I'll post some at 75g, maybe a few at 50. Maybe some at 30..and just to take a roll of the dice, one at 800.
I assume when people see the odd number jumps, they assume "each" toon has undercut the next. My gamble is someone buys the 20g one before someone else DOES undercut that price.
See I got all the mats for free, so me undercutting my self on different toons is ok. I'm making a profit the moment one of them sells.
I then go gather. It could be herbs, fish, mines, cloth,pets, or even Gems I prospect. I then send these items to different toons... toons that don't share my "Sandinmy____" set up (so it doesn't look like I'm flooding the market XD).
I then post stuff and different levels of Gold. Usually in the middle.
I don't undercut, I up my price. If something is on the AH for Max 1000 gold and the lowest is 20gold (and only 1 stack of the 20g one) I'll post some at 75g, maybe a few at 50. Maybe some at 30..and just to take a roll of the dice, one at 800.
I assume when people see the odd number jumps, they assume "each" toon has undercut the next. My gamble is someone buys the 20g one before someone else DOES undercut that price.
See I got all the mats for free, so me undercutting my self on different toons is ok. I'm making a profit the moment one of them sells.
This thread inspired me to go out and try and earn some proper gold. I've never really struggled for gold, but at the same time I've never worked solely for gold, it's usually been a by-product from quests, badges, honour etc.
I had a level 80 DK who I had stopped playing. But he had inscription close to 450 and maxed herbalism. So I tried out the methods outlined earlier and I've been making lots of gold for very little effort. It's amazing! I'm not making as much as the examples people posted but then I don't always have the playtime to log on and do my cancel/repost cycles or restock. But in about a week and a half of intermitent play I've raked in about 6000gold.
Just one question for any inscription people out there, what are you doing with all the icy pigments you get from milling? I'm guessing the darkmoon cards maybe? Right now my supply of ink of the sea is just ahead of the demand for glyphs, so I'm not sure if I started making these on top I'd have enough to keep a steady supply of glyphs.
I had a level 80 DK who I had stopped playing. But he had inscription close to 450 and maxed herbalism. So I tried out the methods outlined earlier and I've been making lots of gold for very little effort. It's amazing! I'm not making as much as the examples people posted but then I don't always have the playtime to log on and do my cancel/repost cycles or restock. But in about a week and a half of intermitent play I've raked in about 6000gold.
Just one question for any inscription people out there, what are you doing with all the icy pigments you get from milling? I'm guessing the darkmoon cards maybe? Right now my supply of ink of the sea is just ahead of the demand for glyphs, so I'm not sure if I started making these on top I'd have enough to keep a steady supply of glyphs.
I haven't been playing much lately, so haven't kept up with the markets. I found when cards (trinkets) hit a certain price point, the cost of eternal life to make the cards is too prohibitive. I made lots of runescroll of fortitude and sold them in stacks of 20. I aim for each green ink to pull me in about 8-9g, I forget the exact price I sold runescrolls at, but I believe about 2.25g each, or anywhere between 40-50g for a 20 stack of them.
If you can still get: 4000g+ for a dc:greatness, 700g+ for dc:death, 400g+ for illusion, 200+ for the other, it may be worth it, but I think demand has dropped off for these trinkets. I could be wrong though. You have to go through lots of eternal life at a decent price. I'd do the maths to figure it out yourself, it's good practice for other professions and oppurtunities as well. You have to make at least 32 cards to get 4 decks, and that would be assuming you get no doubles. Spare cards you're often lucky to sell at half price, so since you wind up with lots of spares, you want lots of decks as well. Figure to make 4 decks you probably need to make 40-50 cards. Figure out the average price of making 1 card, add up the price of trinkets (say 4000+700+400+200 - 300g listing fees then -5% AH fees).
I expect to come back in the expansion big time, I believe it was already announced there will be another round of Darkmoon Cards at 85, plus new glyphs. Congrats on your success so far!
Edited, Jul 13th 2010 7:41am by mikelolol
If you can still get: 4000g+ for a dc:greatness, 700g+ for dc:death, 400g+ for illusion, 200+ for the other, it may be worth it, but I think demand has dropped off for these trinkets. I could be wrong though. You have to go through lots of eternal life at a decent price. I'd do the maths to figure it out yourself, it's good practice for other professions and oppurtunities as well. You have to make at least 32 cards to get 4 decks, and that would be assuming you get no doubles. Spare cards you're often lucky to sell at half price, so since you wind up with lots of spares, you want lots of decks as well. Figure to make 4 decks you probably need to make 40-50 cards. Figure out the average price of making 1 card, add up the price of trinkets (say 4000+700+400+200 - 300g listing fees then -5% AH fees).
I expect to come back in the expansion big time, I believe it was already announced there will be another round of Darkmoon Cards at 85, plus new glyphs. Congrats on your success so far!
Edited, Jul 13th 2010 7:41am by mikelolol
Scholar
30 posts
I'm probably just missing it... but I do not see the ">>" button to fast forward scan. Is this a setting I have to activate. My auctioneer is up to date.
Thanks!
****Nevermind---I was just missing it, you have to actually push the first arrow on the lower right side to get it to show up.
Edited, Aug 6th 2010 7:33am by peshagypsy
Thanks!
****Nevermind---I was just missing it, you have to actually push the first arrow on the lower right side to get it to show up.
Edited, Aug 6th 2010 7:33am by peshagypsy
The only advice I have to offer is to be flexible in your strategies, don't totally ignore low level mats, and to be persistent.
I'm not all that interested in making 10k/week, just enough to have gold around for things I want and some reserve.
Try and make some profit each and every day, even if it's just a couple of gold. Over time, it adds up. Before you know it, you'll look at your gold balance and see that somehow it went from 200g to a couple of thousand.
To this day, I farm Deadmines for wool and can usually sell all of the BOE weapons for a consolidated total of 50-70g (in addition to the 15-20g/stack I get for the wool). If silk sells well on your server, go farm the Monastery. On my server, silk is a waste of time while wool is a big profit. BOE's that don't sell the first time through get disenchanted.
I'm not all that interested in making 10k/week, just enough to have gold around for things I want and some reserve.
Try and make some profit each and every day, even if it's just a couple of gold. Over time, it adds up. Before you know it, you'll look at your gold balance and see that somehow it went from 200g to a couple of thousand.
To this day, I farm Deadmines for wool and can usually sell all of the BOE weapons for a consolidated total of 50-70g (in addition to the 15-20g/stack I get for the wool). If silk sells well on your server, go farm the Monastery. On my server, silk is a waste of time while wool is a big profit. BOE's that don't sell the first time through get disenchanted.
13 posts
One quick tip I have is to buy any stacks of Netherweave Cloth that you see listed for under 3g. It's very minimal money, but over time it should build up.
If you buy stacks of Netherweave Cloth for 2g each, you can create Heavy Netherweave Bandages. The vendor will buy them for 6g (stack of 20). Now, if you bought 2 stacks at 2g each, it's a 2g profit.
I find it's best to do that on servers where you don't have much to begin with. It also works well when you find people selling bulk amounts from when leveling. Sometimes you can get stacks for even cheaper through negotiating.
If you buy stacks of Netherweave Cloth for 2g each, you can create Heavy Netherweave Bandages. The vendor will buy them for 6g (stack of 20). Now, if you bought 2 stacks at 2g each, it's a 2g profit.
I find it's best to do that on servers where you don't have much to begin with. It also works well when you find people selling bulk amounts from when leveling. Sometimes you can get stacks for even cheaper through negotiating.
gamedyy wrote:
useful post
Thanks. I think a lot of people gave useful information. I've been following the method I outlined for a while, twice a day, horde and alliance. I'm still averaging over 1k per day. I'm on track to pass 100k this weekend.
I did notice that on the resale search, there is a snatch button. You can select an item that comes up in the resale search and easily add it to your snatch list, then sort the snatch list by percentage and replace the 0% with what you want. Usually I use 35%, unless it is something I don't really want a lot of (low level starter items), then I may put 10%.
Also, for your mailbox addon, I recommend you use postal. When you click the mailbox, it tells you that you have more items coming to the mailbox in how many seconds.
Every once in a while I'll end up with a ton of a specific item like leather, where I won the bids at a fire sale. I'll only put up a certain amount, using auctioneer to for instance, put up 10 stacks only. Other items like cut gems, I may put up stacks of 1, and only 5 of them specified with auctioneer. By specifying that I only want to put up so many stacks of what size, all I have to do is make one click to batch post everything, and I don't flood the market. I keep extra items in my bank until they are needed.
Even if you aren't after making a fortune with a huge snatch list, having some tradegoods as snatch items is fun.
Edited, Jun 16th 2011 10:43pm by dadanox
The Honorable dadanox wrote:
I did notice that on the resale search, there is a snatch button. You can select an item that comes up in the resale search and easily add it to your snatch list, then sort the snatch list by percentage and replace the 0% with what you want. Usually I use 25%, unless it is something I don't really want a lot of (low level starter items), then I may put 10%.
Also, for your mailbox addon, I recommend you use postal. When you click the mailbox, it tells you that you have more items coming to the mailbox in how many seconds.
Second the recommendation on postal.
The "snatch" button also shows up on the General tab, so you can search for anything and put it on your list as long as there's at least one on the AH, then adjust your price - I do this for BoEs I'm interested in (got a Battered Hilt for 80% of the going rate that way). I added all the mats for all my different toons' tradeskills, and set the price to 90% - and buy up when it's cheap to keep a stockpile in my bank. That way I always have some, don't have to pay a markup when I want to make something, and it cuts 10% from the crafting cost of everything.
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