Making WoW Gold

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• More On WoW Gold (Or Maybe Less): It is fairly safe to say that in WotLK that a Goblin taught me everything I needed to know about having a successful Glyph business. At the time I took the lessons I learned applied them and adapted to my servers market. I have not been without gold since. Right now I am not involved in the Glyph business as much as before. Previously there was times when I was posting well over 1500 auctions a day, this no longer the case. I am still involved in the market but at a reduced scale. I am now involved in other [...]
• Auction House Mistakes: Goblins are curious creatures. We spend our time looking for mistakes other people make so that we might profit from them. We also look for those market niches that are ignored by others and we fill them. Any true Goblin will weigh the effort versus the reward and will move forward accordingly. We will abandon a market one the effort exceeds the reward. Occasionally I have tried to help others reach some in-game financial stability. I have shared markets and even relinquished control of certain markets to allow a friend to move in. In turn I have had Goblin friends [...]
• Getting Out Of The Poor House: A couple of days ago in guild chat one of the raiders was complaining that a gem he needed cost 900 gold and all he had was 500 gold. He rambled on about how he felt it was stupid that he had to pay those ridiculous prices for something he needed. Mentally I agreed that it would be stupid to pay that price but I was astounded that he was so broke. I tend to forget that not everyone in the game is a Goblin. No not a Goblin as a race but a Goblin in their business dealings. Not [...]
• I Grind, Honest!: Razor sent me a link to a post about a mutual in-game acquaintance of ours. It seems that this acquaintance has reached the gold cap and was interviewed about it. It appears that this is a regular feature on the blog and they try and interview as many players as they can when they reach the cap. The post itself was a good read but I found it rather amusing and still don’t quite know what to make of the whole thing. The guy in question claimed that he reached the cap doing dailies. Knowing the player there is not [...]
• Remote Auction House or Automated Auction House?: The ability to access the auction house from outside of the game is now being beta tested. It is live on a small number of servers and it is getting a fair bit of attention in the community. From everything I have read about the service I am not impressed to say the least. I think Blizzard is opening a can of worms with this one. Being a Goblin you would think that I would have a different opinion of the matter but I see nothing but bad things coming. Previously if someone was running an auction house bot this [...]
• We Call This a Twinny Twin Twin!: They’re coming. Can you feel it? It is almost as if a wave of pimple cream and unbridled hormones will be crashing down on all of Azeroth. Soon every where you turn they will be there. No longer will you be able to log on after their bedtime. No longer will you find refuge during the middle of the day. The end of the school year is coming and there is nothing you can do about it. For some of us this time of year is hell. The [Anal] chat will see a dramatic increase. The ninjas will be out [...]
• A Trick Up Thier Sleeve: Okay Okay. So Blizzard is not flagging accounts with tons of gold. That post was my subtle attempt at April Fools humor. I know a number of Goblins read my blog so I was poking a stick in their direction. There is however a disturbing trend that is affecting Goblins directly and if you are of the greedy green variety, you might want to keep reading. In the last couple of weeks a number of Goblins have been bitten by the “too good to be true” bug. The scenario is as follows. Some mild mannered Goblin is presented with a [...]
• Frozen Orb, The New Goon?: So the patch is upon us and all kinds of changes are on the way. For some of us one of the more interesting changes is Frost Orbs becoming currency. At one time these cold be had for as little as 5g each. Now they have become the only currency NPC Frozo will deal in. Last night the effect of the Frost Orb change could already be seen in the Auction House. The farmers began to unload Frost Lotus by the stack. I am not sure where the market bottomed out at but when I logged off stacks were selling [...]
• WoW Market Killer: Yesterday I promised you a post about an auction house player that destroys markets. I promised to reveal their tactics and methods. I also mentioned that it was not the obvious bad guys we all know about. This post is not about price fixers, gougers and the buy low, sell high players. The auction house player I am going to reveal usually has no ill intent. Almost all of them believe they are doing something good for the server. Because they don’t fall into the bad guy roles mentioned they don’t realize they are killing a market. The player I [...]
• Have I got a deal for you!: A couple of days ago I listened on vent while a guildie did a play by play of their Frost Lotus farming. She was trying to gather five of them to make her flasks for the week. Basically she did a count down as she managed to gather them. Suddenly she would pipe up in vent and say “Ooh that’s two, only three more to go!” If I remember correctly it took about 2 hours to get them to drop. Now I will admit that this alone does not make an interesting blog post. In fact it would be quite [...]
• No More Farming for Gold: It has occurred to me that my ability to make gold has distorted my way of looking at the game. I am now aware that I no longer perceive the game the way the average player does. With that said, I also don’t think it has made me a WoW snob or elitist, just different. I equate this to someone winning the lottery. Most people say having vast amounts of money won’t change them. I say hogwash. Even something as unimportant as WoW gold has changed me. When I hear guildies talk about their struggles and trials with gold I [...]
• Good Pricing Strategy = Gold!: One of the most important aspects of making gold is having a solid pricing strategy. How you determine what your goods and services are worth greatly influences the bottom line. So what is the bottom line? That is a question with many answers. Most people will wrongfully assume that the bottom line always equals profit. They fail to consider that sometimes selling at little or no profit for a short time can have big impact down the road. Most people also think that selling at the lowest price is the fastest way to profit. Once again they are mistaken. There [...]
• Secrets to WoW Gold Revealed!: There are plenty of gold guides, and how-to gold sites and blogs. They can survive and thrive because most of them claim to have some secret formula or method to making piles of gold. If they are not outright claiming it, they are at least hinting toward that. The truth is none of them have a secret method. There is no magical formula to overnight WoW riches. There are many ways to make tons of gold in WoW and all of them are valid. To be honest there are only a few small ideas that separates the WoW poor from [...]
• Chicken Fricassee: In my last gold making post you should have learned that nothing is free and as the Goblins in Booty Bay say “Time is money friend.” The key to WoW wealth is making more gold in less time. I want to stress now that I hate the term Gold per hour. It is not a true representation of your overall investment. I think for our purposes here we will use Gold per Effort. The question will be how much effort is required to reap the reward. Right now a real popular item is Titanium Ore. The cost of Titanium Ore [...]
• A Thousand Lickens!: In my first gold making post I mentioned scanning the AH to establish the “item value” others are selling for. It is good to know this information because having a price higher than all of the others will prevent you from selling your item. You should now know that “price is king” and the customer could care less how you got the item. With this knowledge how do you establish your price? To answer this we need to clear up a few things. Rule #1: Nothing in WoW is free. You are always trading something in order to get something [...]
• AH Introduction: The foundation for any rich WoW player is the Auction House. The AH is where the majority of all in game transactions occur. There are numerous advantages to using the AH and those who know how to use it to their advantage can become wealthy with very little play time. It is important to remember that the primary use of the AH is trading. When someone completes a transaction at the AH they are trading gold (or silver / copper) for items. The AH customer does not care how the item is produced (i.e. farming, crafting, instance drops) all they [...]