Friday, February 17, 2012

Glyph Profiting

   Usually when i go about telling you fine folk how to make gold from a particular profession it actually is required that you have the given profession. Well today i am going to give you the breakdown of inscription and how you can rack up those profits without even having the profession.

   There are a few basics you need to understand about the glyph market, and those are that the worth of ANY glyph is basically the sum of the cost for 3 inks which in most servers is about 15-30g. Well as you can see on the image to the left it portrays the actual state of the glyph market on nearly all servers. 

   To make it more clear of what that image is, it is basically a scan of the Auction House for the phrase Glyph which automatically scans for all the glyphs. Now the top half is the cheapest ones while the ones on the bottom are the most expensive ones. Well as i just said the average price for every glyph is basically the same so why this disparity in the price tags. Well it is quite obvious, even though it is not that public and thrown out there, but glyphs have a tier as well.

   As it is shown on this next image on the right, the costs to make for all the glyphs are the same, while their profits margins are going up more and more. This can be explained with the "tier" system that i just mentioned, and this is how it actually works.

   If you are a scribe you encounter the glyphs very early on in the profession, but when people try to make them and then sell them on the auction house they rarely have any luck, or if they sell them they usually sell them under price which is lower then the cost to make them and that usually sways people away from the profession. Well this is the first low tier of the glyphs and is the intro into the market.

   Now after the initial tier we have 3 other tiers of glyphs that are much more lucrative. I will refrain from using them as second, third and so on and on tiers as that will make a false priority system. Now as i was saying, the other tiers are the glyphs you get from Northrend Inscription Research, Minor Inscription Research, Book Of Glyph Mastery. Now unlike the glyphs that every scribe gets access to while leveling, these glyphs actually require some leg work to obtain, and no matter how much you want to you can't rush the glyphs as you can only get one research per day. So i would say that it would be wise to consider the researchable glyphs are the Second Tier of the glyphs.

   Now the third tier i would say is the glyphs you can get out of the Book Of Glyph Mastery for their sheer price of obtaining. What i mean by this is that these books usually fetch a hefty price on the Auction House that can get up to 800-1500g on some servers and that compared to the usual every day research is a lot higher, which in return makes those glyphs rarer. So with this i think it would be Ok to address these glyphs as Third Tier of the glyphs.

   Ok so now that we defined the three tiers of the glyphs, i will get down of explaining how you can take advantage of the high disparity between the prices of the glyphs. 

   The basic idea behind the strategy is just like the Recycling, where you are taking the worthless trash then flipping it and making it a shiny new product. Well almost, basically because you are not doing this to save the planet nor are you making a new product but rather making the old glyph appear new and shiny.

   Ok enough with beating around the bush, this is how the whole deal works.

   You will use two things, first is a buying list which you will be able to copy from here, and the second one is that you will be able to pray on 95% of the glyph sellers who are blatantly using the the addons without checking for prices. As you will be checking for glyphs with low supply and low price to buy out and then resell back, you might want to use the baiting tactics to reduce prices on certain glyphs that you deem would sell well. Now in continuation here are the glyphs you can get out of the Glyph Mastery book and the Northrend Research.

***Book Of Glyph Mastery
Glyph of Arcane Barrage
Glyph of Barkskin
Glyph of Beacon of Light
Glyph of Berserk
Glyph of Bladestorm
Glyph of Chaos Bolt
Glyph of Chimera Shot
Glyph of Cloak of Shadows
Glyph of Dancing Rune Weapon
Glyph of Deep Freeze
Glyph of Demonic Circle
Glyph of Dispersion
Glyph of Divine Accuracy
Glyph of Divine Plea
Glyph of Explosive Shot
Glyph of Fan of Knives
Glyph of Feral Spirit
Glyph of Furious Sundering
Glyph of Guardian Spirit
Glyph of Hammer of the Righteous
Glyph of Haunt
Glyph of Hex
Glyph of Holy Shock
Glyph of Howling Blast
Glyph of Hungering Cold
Glyph of Ice Barrier
Glyph of Kill Shot
Glyph of Killing Spree
Glyph of Life Tap
Glyph of Master's Call
Glyph of Metamorphosis
Glyph of Mirror Image
Glyph of Penance
Glyph of Raptor Strike
Glyph of Riptide
Glyph of Salvation
Glyph of Savage Roar
Glyph of Scatter Shot
Glyph of Shadow Dance
Glyph of Shadowflame
Glyph of Shield Wall
Glyph of Shield of the Righteous
Glyph of Shockwave
Glyph of Slow
Glyph of Soul Link
Glyph of Spell Reflection
Glyph of Spirit Tap
Glyph of Starsurge
Glyph of Stoneclaw Totem
Glyph of Templar's Verdict


***Northrend Research
Glyph of Adrenaline Rush
Glyph of Anti-Magic Shell
Glyph of Bane of Agony
Glyph of Bestial Wrath
Glyph of Blade Flurry
Glyph of Bloody Healing
Glyph of Chain Heal
Glyph of Chain Lightning
Glyph of Chains of Ice
Glyph of Circle of Healing
Glyph of Concussive Shot
Glyph of Cone of Cold
Glyph of Conflagrate
Glyph of Crippling Poison
Glyph of Dazing Shield
Glyph of Deadly Throw
Glyph of Death Coil
Glyph of Death and Decay
Glyph of Devastate
Glyph of Dragon's Breath
Glyph of Elemental Mastery
Glyph of Felguard
Glyph of Felhunter
Glyph of Fire Elemental Totem
Glyph of Fireball
Glyph of Focused Shield
Glyph of Frostbolt
Glyph of Frostfire
Glyph of Grounding Totem
Glyph of Hammer of Wrath
Glyph of Healing Wave
Glyph of Heart Strike
Glyph of Hemorrhage
Glyph of Holy Wrath
Glyph of Howl of Terror
Glyph of Hurricane
Glyph of Immolate
Glyph of Innervate
Glyph of Intervene
Glyph of Invisibility
Glyph of Kick
Glyph of Kill Command
Glyph of Lava Burst
Glyph of Lifebloom
Glyph of Light of Dawn
Glyph of Lightwell
Glyph of Mangle
Glyph of Mass Dispel
Glyph of Molten Armor
Glyph of Mortal Strike


   One fast recap of the entire post. Put in these glyphs in the Lists in Auctionator and then simply do a simple scan and if you see some that have a low price and low supply buy them out and repost them back at a higher price. If you want to get an idea on what glyphs are the best sellers you might want to check out the glyph section on Wowpopular.

That's all for now and like always, keep an eye out for good opportunities out there.


   

12 comments:

  1. Delete this post immediately, pls. There are enough scribes out there already, so we dont need other ones bugging in. ;-)

    (Nice post)

    ReplyDelete
  2. When i read your first sentence i went WTF now? .. then i read the rest. You sir are full of WIN when it comes to leaving comments

    ReplyDelete
  3. Hmm I read this post and it completely translated into my evil lil mind as a totally different idea than what he was explaining.

    Thank you!

    ReplyDelete
    Replies
    1. I am now curious what idea did you get. Just so i can add it to my "Oh i gave him that devious plan to destroy the world" list

      Delete
  4. Copy + paste, impressive Vile...

    http://stormspire.net/auction-house-discussion/4051-glyph-reseller-shock-awe-strategy.html

    ReplyDelete
    Replies
    1. /Facepalm Ok seriously it's things like this that piss me off the most, when someone blames me for stealing other people's content.

      First of all i made this post due to my recent comeback in the glyph market. That's where the min/max image came from, and when you see that a market can fluxuate between 10 and 1000g then that market is crying out Profit, but back to your point.

      I my post i broke down the whole idea of the Inscription, and which glyphs should be easier/harder to find and why exactly. After this i simply added the basic strategy behind The Auction House Baiting and then simply added the possible glyphs in a list that can be imported into auctionator. I can see where you might think it's a copy paste because of the list, but go ahead and click both of the links for Northrend/Minor Inscription researches and see where they lead you.

      I have only used a copy/paste for one post until now, and that was for the Tranmog lists from Alto's Blog and Mogfather's list and i left links there, but seeing as how that made a big fuss i said i will never use information from a different source without previously asking them.

      And last, every patch we get PvE changes and PvP changes but we never get any profession changes so we need to go about with what we have, and i would bet you that if you see a post about X-Thing somewhere there is probably a Xa, Xb, Xc variant of the same post, and that is not a copy/paste but a variant of the same topic.

      P.S. Thank you for the link as i will now add the Stromspire to the Blogroll

      Delete
    2. Well to be honest mr anon, Abeni's post is quite similar to Vile's AH Bait article which happens to have been published earlier. So you could say ABENI IS THE COPY AND PASTER!!

      /sigh I doubt Abeni or Vile copied each other, they just detailed a strategy they personally use, which happen to be similar.

      Ok back on topic, I hope you dont mind some friendly jabs. Heres my take:
      http://criticalgoblin.blogspot.com/2011/11/flipping-is-bad-mmmkay.html

      Delete
  5. Mr.Critical Goblin ... i salute you good sir !

    ReplyDelete
  6. Note you can also use this list in reverse and see what your comp are posting that you are not and then post and undercut them.

    ReplyDelete
  7. First, I notice no "content theft" here at all. Instead, this seems to underscore what I have believed for quite a while--there are very few truly unique gold making ideas. Goblins are smart, like to figure things out. Often two totally different people come up with the same solution to a similar problem. Ignore the haters Vile.

    Second, I adopted a strategy some time ago whereby all my glyphs were to be sold for 30g each. Borrowing from a post at Nerf Faids (http://nerffaids.blogspot.com/2011/09/ive-had-substantial-shift-in-thought.html) I revised this strategy to only target the high end glyphs. These are the same ones you outline above. My goal wasn't to make a lot of gold but instead to keep prices low so people could afford to buy glyphs. This worked for quite a while.

    As an aside, I often camped in SW and barked in trade "any glyph, 30g, my mats". On a Saturday I could sell 100 glyphs in only an hour or so. There is a lot of demand for glyphs and few players are willing to pay 100g and up in the AH.

    Part of this strategy was to figure out which glyphs to post. Using the same search method you described above, I bought all the lower priced glyphs on my list to restock supply.

    Last, if you are a glyph seller you should use this strategy to restock BEFORE you go and mill/craft new product. If it costs you 15g to make a glyph and you can buy 5 units at 6g each.....well, you get the idea.

    ReplyDelete
  8. FYI, you're missing a mess of glyphs on your list. You only included the first 50 of the glyphs that the Book of Glyph Mastery or Northrend Research can make. Wowhead says there are a lot more that should be on both lists.

    ReplyDelete
    Replies
    1. Quite possible though i did copy the list from wowhead. Anyways for a total list simply follow one of the links to wowhead that you can find on the blog.

      Anyways good find good sir, and if i really did mess it up and left out some glyphs i salute your keen eye for error finding

      Delete