Showing posts with label Tricks of the Wise. Show all posts
Showing posts with label Tricks of the Wise. Show all posts

Friday, June 22, 2012

WoW to Diablo Transactions

   It's been a while since my last post, but the reason for that is not because i don't want to make any new posts but simply there is nothing new introduced in the game to make it worth blogging about. I previously said that any "new" post would have to be a spin off from another post, but actually today i found out about something that is really interesting and rather unique.

   This rather unique thing i am talking about is a little something that started to show up in trade channels, and more importantly on the Blizzard forums, and that is people offering to sell/buy Diablo gold for WoW gold.

   Now at first glance this might not sound like a big deal, but belive me it is. As the rules are now, you are not allowed to sell your gold for anything that would be making you money, and you could get banned. But when you are simply trading your gold for another type of gold in a different game that is owned by the same company that you ultimately would either invest or sell on the RMAH, Blizzard doesn't mind. Well with the start of the RMAH and the ability to sell gold coming up any day/week now, does this mean that we will be able to actually have a way to sell WoW gold in a way that would be borderline gray zone but still legal ?

   So the question here is if you played WoW for a long time and decided to go for Diablo as a change of scenery, or if you tried Diablo but got sick of it and went back to WoW can you transfer your gold from one game to the other and profit from it ?

   Well the answer to this question would be YES. It is possible but you simply have to work a bit on the finding an interested buyer on your own server in WoW.

   So for now it's worth a while to know that there is some kind of a "trade" going on between the games, but if there is no problem between trading on those two games, then we might be ushering in a new era of the RMAH hitting WoW in a indirect way too.

   All in all it's something that is worth keeping an eye on, and hopefully this "RMAH  experience" that Diablo is offering won't spill into WoW and further screw up a failing economy.

   So, like always, keep an eye out for good opportunities out there.



Sunday, April 1, 2012

WoW Guild Leveling And Selling

   In World of Warcraft there are many, many ways of making gold but in reality it all boils down to two basic things, What are you selling, and Who is your targeted group of buyers. Today we are going to take a look at a rather interesting market that if done right can net you some insane profits, and this market that i am talking about is Buying/Selling of level 2 Guilds.

   The guilds in WoW are basically like the houses we have in the real world, except we don't get extra XP, reputation and gold in the house when we kill things but that's not the point here. In before i start going on and on about how to obtain and sell the guilds let me give you the basic idea as to why it is profitable to get in on the guild trading market, and who your targeted group would be.

   First of all let me clarify the thing about the Level 2 Guild. The reason why i stated that you want a level 2 guild is fairly simply yet very few people actually know about it, and the thing that they don't know about it is that if you want to transfer a bigger sum of gold across servers you need to have at least a level 2 guild. 

   So now knowing this you can see what your targeted market group would be, it's the people that want to switch servers and have more then 50k gold to their name. Now if you take into account that MoP is in the Beta and can be seen going live in the foreseeable future, you can see new and returning players hopping back in the game, and the one thing they have in common is that they want to play with their friends that happen to play on a different server. Now their problem is that they can't transfer their gold with them, be it 100k or 1 million. So they come to a impasse as they don't want to part with their hard earned gold, but at the same time they want to play with their friends on that other server. So their choices of the matter boil down to either transfer the character and leave your gold behind or play alone and leave the game in less then a week.

    This is where you jump in and try to help them out by offering to solve their problem and give them the thing they want the most, their character with all their gold on that other server with their friends. So the way you do this is by selling them your level 2 guild that at that time to them would be like salvation.

   Now there are a few things you need to know about how the guild transfers work in case you want to do one yourself or give further information to your buyers.
There are four major things that you must know or explain to your potential buyers ( or don't tell them ) and those are:

  • The guild master must have been the guild master for at least 7 days
  • The guild master must be at least level 10
  • The guild must be at least level 2 to be eligible for transfer
  • The account that the guild master is on must have an authenticator active for at least 7 days
   So knowing this you can offer the information to your buyer and explain to him that if he decides to buy your guild he will have to wait 7 days no matter what.

   And before i head out i will leave you with the last bit of information about how to obtain the guilds, and how you should price them. The first, or obvious way would be to make a new guild from scratch and then level it to level 2 which even though it might sound like a lot of work it's not as you can do it while you are doing your random daily quests, but you will need 2-4 friends to help you out ( this means leaving the guild they are in and joining yours for the duration of the runs, so their rep with the initial guild would be wiped so this is best done with alts). For more information about which run gives how much experience you might want to check the post on the Blizzard forums about this particular thing. And the second way of getting a guild would be trade channel. 

    Now about the pricing, when you are hunting for a guild and you find someone that is willing to sell you their level 2 guild try and make it sound like they have something that is hardly worth anything and try to haggle it away from them for as low as 2-5k gold, but at the same time when you find someone that is willing to buy a guild from you then make it sound like you are giving them the key to the Playboy Mansion and sell it for as high as 20-50k. The reason why this would be an acceptable price to some is because they want to transfer 800k or 1 million gold and they simply don't want to wait any more so they are willing to pay any price to do so.

   So there it is in a bunch, the whole fuss about how to obtain and sell a level 2 guild or as i like to call it, sell hope to the people :)

   So, like always, keep an eye out for good opportunities out there.

Friday, January 20, 2012

Explanation of Spreadsheets

   Sooooo, i should have known that after making the last post about the Ore Shuffle, and especially the part about the spreadsheets is going to get people to whisper me asking me for how to do it. Well i know i should just put a link to the Consortium where there is an explanation in the posts there and i tried but it only made it worse so here it is, a copy from their comments so everyone can find it easier.

   First thing you need to do is go and make an account on The Undermine Journal, once you are logged there you can download your specific server's data as seen on the image.

   
   Upon clicking that you will be asked where you want to save the file, so save it where you want.


   Now once you have the file that contains your server's data saved you need to open it with Excel. The way to do this is you go in the Data Tab and open Connections as shown on the image.


   Once you open this you get a new window where you need to hit Browse for more and find the file.


   Once you have done this you have a choice, you can either set the refresh parameters to make it refresh it's data so it's current, or you can choose to only use the data you have downloaded and not set it up to refresh it's data. ( Very important is that if you want it to refresh make sure the threshold is over 288 minutes due to the fact that TUJ has a maximum number of allowed hashes you can do per day )


   Hit OK until you're back to your spreadsheet, and make sure the TUJ data tab is selected. Now from the Data tab, hit Existing Connections


   Select your newly-added connection, and hit Open. Make sure it goes in cell $A$1.


   After you have filled this and you go back to the Prospecting tab you will find that all the prices are in the given fields, and all you need to do is set the number of stacks you have bought and it will tell you how much time you will need to invest and how much profit you should expect to get out of it. Oh and just in case, all of this that was explained need to be done while in the TUJ data tab which can be found on the bottom as shown on the image.


   So that should clear up any confusion that people might have as to how to properly use spreadsheets that use the TUJ data as info base. And i will state once again, these instructions are not mine but were posted on the forums of the Consortium and the real gratitude should go to Baconcheese who is the user that made this walk through, i was only the messenger.

   So, like always, keep an eye out for good opportunities out there.

Wednesday, January 18, 2012

The Ore Shuffle

    The Obsidium Shuffle, or the Elementium Shuffle known by most is the grand jewel of Cataclysm that made many goblins very rich. Now here is the funny thing, even though we are nearing the end of the expansion and almost everything is out there, and everyone is making gold off the gold tricks and tips there are still people that have never heard of the Shuffle. The reason for making this post is quite simple, i have been trying to help people make gold on my server for a while now, and since i started the blog i had a place where i can redirect with anything they might want to know, but i saw that i didn't have a topic that explains the Shuffle so here it is.

The Ore Shuffle ( taken from the Consortium site )
   As you can see from the image above it is very self explanatory, but i will go into a bit of explaining just in case. Just so you know in order to take the full extent of the profits the shuffle brings you need to have a Jewelcrafter, Blacksmith, Enchanter and Tailor (this one is optional).

    The entire shuffle starts with the purchase of Obsidium, Elementium & Pyrite ore. Once you have bought them you have a choice, that choice boils down on whether you want to prospect the ore for the gems or you want to manufacture Heavenly Shards. In order to find out which one would be more profitable you need to check out your prices for the Heavenly Shards and if they are high, or you are low for your enchanting market you might want to go that way, but at the same time you want to check the prices of Greater Celestial Essences and the Infinite Dust as that is what you can get if you choose to take the prospecting road.

   If you go with the prospect option you need to know how to get from having Alicite, Hessonite, Jasper and Nightstone into Heavenly Shards adn Greater Celestial Essences. By crafting the gems into rings and pendants and then disenchanting them you get to have the finished product. Now one of the things you should be aware is that if you decide to go this way you should know that you have a chance to get a rare (blue) ring or a Pendant. Now there is a bit of a trick here, and that trick is the item level of the items you end up getting and i will explain why.

    If you are using Jasper then you are taking the best deal because the jasper is the only one that requires only one gem to make a ring, opposed to the other ones which will require you to spend 2 gems to make a single item. But this is not the best part, the best part is that when you end up getting a rare (blue) item, it is going to be a level requirement of 79 which makes it ideal for twinks and leveling characters, and i have been selling them anywhere from 300g to 50g, and that for a 3g gem is a 10000% profit margin.

   If you are using Hessonite and Nightstone for your crafting you will need to spend 2 of them to get a single item. This on it's own puts it at 50% efficiency, and the other thing is that the rare (blue) items you get have a item requirement of 81 so the twinks are no longer your targeted market. But it's not all gloom and doom, and that is because if you disenchant these rings you get Heavenly Shards, as well as increased chance to get Greater Celestial Essences from disenchanting the green items.

   I really don't see a point in explaining that you need to cut the rare gems and post them on the Auction House as that is quite obvious. And at the end of the explanation i can only offer to give you a place where you can get the best spreadsheet that can automatically tell you which road is the best to take, and which will make you the most gold. The site i'm talking about is the Consortium forums which will give you the most awesome weapon you can wield if you take on to do the Shuffle.

   So, like always, keep an eye out for good opportunities out there.

Tuesday, December 13, 2011

The Quick Flip

   Like i've stated in many cases in the past, my favorite way to turn a profit, or make a killer sale is the one where i have to invest the minimum time into it and get the maximum profit. 

    One of the ways that i see are easiest to get to this is simply by using your professions to acquire raw ore/herbs then smelt/crush them and re list them back.
Main reason why this is a good idea is, well because everyone that's playing the game for the PvP or PvE aspect of the game are choosing their professions that give them the edge in competitiveness and maximum amount of DPS/HPS increase. 

    Well the good thing about this is that even with those professions they will still need someone with the gathering professions to actually turn their ore, leather or herbs into the materials they will need to have to continue working with their max professions.

   As a good example for this would be the price disparity between the ore/bars in many of the mineral tiers. We can see on many servers that prices of a given ore is (as an example) 10g/stack, and some of the bars require 1 ore or 2 ores to smelt into a bar, but for some reason the price of the bar for that same ore that requires 1 ore to make it into a bar is 15g or 20g. Well what that means is that you can turn a profit by simply buying out the ore stock ( i'm talking about the older tier of ore) then smelt them into bars and put them at 200 or even 300% profit margins.

   Only thing you need to be careful, is the amount of ores it takes to make a bar, because as i said some of the bars require 2 ores to make a single bar, so open your eyes. 

   Best market you want to get your greedy paws into, is the Vanilla and TBC markets, purely for the fact that people that powerlevel their professions will be picking up their bars as already smelted. But if you don't want to deal with the more slow moving bars then you might as well try to get into the Cataclysm markets, but be warned those investments could be tricky to deal with purely for the fact that most of the botters are gathering the Elementium and Obsidium Ores, and in effect keeping the prices down.

   This same strategy could be used in the leather markets, or the herbs/ink market, so pretty much any market in which you turn the raw materials into finished materials. Just so you don't have to manually check the prices the see if it's worth it, you can try and get your information from any of the AH gathering sites that will give you a overview of the situation of the prices.


   So as a short recap, check the prices of ores against bars, check the prices of lower tier leathers against the higher ones and check the prices of the higher inks compared with the price of the lower ones.

   So, like always, keep an eye out for good opportunities out there.
   

Saturday, November 5, 2011

Barking Up The Wrong Tree, Or Is It ?

   Ladies and gentle goblins, i will keep this post very brief as i will not go into lengthy descriptions, colorful ranting and what not, but instead i will simply give you a quick gold making tip that will be viable for a short duration, so let me explain.

   I give to you the Guardian Cub companion. It's a pretty much safe bet that you have all heard about it from MMO-Champion, or from the Blizzard site. This companion is the first companion that you can buy for real money, and then be able to sell it to some other guy for in game gold. (Does not break the rules Blizzard has, where it says you are not allowed to acquire gold by paying real money, or the other way around)

   Well, i'm not going to give you tips on how to take these and then try and sell them on the AH for a profit, which on it's own is a good tactic, no i am going to give you a tip on how to profit for a huge margin, without having to invest into buying anything that's expensive.

   Ok, so down to the cold facts. If you happen to see the trade channel chatter after the release of the Guardian Cub, you will see a lot of people selling their Guardian Cubs on trade channel. This is where you come in and actually monetize on the whole situation by using a weapon that no one is impervious against, the way their brain works.

   What i mean with this is that while everyone keeps seeing lines like "WTS Guardian Cub 7k" they immediately make a note in their head that it's worth that, so what you do it you make a macro where you sell an item with a similar name, in this case the "Winterspring Cub", and now the pure genius in this is that people will think that you are selling the Guardian cub at a cheaper price like 3 or 4K and will whisper you for a buy, hoping to monetize on your lack of information about what you have, and will try and get it off you as soon as possible.

   The reason why i said it's pure genius is that you are doing something that's borderline cheating, but not really because you actually told them what they are getting. I managed to sell 7 cubs all ranging from 2-4k in less then 2 hours, and if you take into account that the cubs can be bought from a vendor in Winterspring then you can have a good stock of these and sell them to hasty buyers.

   Just so you are ready, after the people realize what they have done they will either want their gold back, or call you bad names, which if you are a good goblin you will not give in to either.

   So good luck with your sales and as always, keep an eye out for good opportunities out there.

Monday, October 24, 2011

The Auction House Bait

   Have you ever been in a place where you wanted to buy a certain gem or a glyph on the AH after getting that shiny new piece of gear but when you got to the AH you saw that the price of that item be it a gem or enchanting scroll or even a glyph is so high that made you puke a little bit inside your mouth.

   Well it doesn't even have to be that you need that item for yourself, it just might be that you are selling that particular item as well but you want to drive down the competition a bit and make them basically give you the item for a dirt cheap price where afterwards you go back repost it back on the AH and get all the profits, well this process is what i like to call AH Baiting and i will explain why the name.

   You see the image here i kinda stumbled upon it by accident but i'll be damn it depicts exactly what this strategy is all about, you will Bait and then Tackle the opposition down from the market.

   First thing you need to understand before you start is that 90% of the people that are posting and reposting all those auctions use some kind of a addon to post their auctions be it Auctioneer or TSM but what they don't really do is they almost never check for the lowest post and they simply click away and post their load and this is where you jump in and i will go in details about this as to how it looks like.

   One thing worth mentioning would probably be that this strategy works best for items that are in high demand like gems, flasks, pots, beltbuckles and even glyphs, and the best times for doing this is during peek hours like between 7pm - 1am, and the reason as to why this is the case is because there's most people that are buying and selling their auctions that period of the day, hence your best time to try and catch those big fish.

      As the example for this i have taken the screen shot from the TSM addon where its showing the information about the purple Retaliating Demonseye. If you take a quick peek at the information there you'll see that everything under that red line is prices around 175g per gem with give or take a few silver pieces, now with the introduction of the actual bait which in this instance is a single gem posted at 45g (this is a price that you can set to be as low as you feel like you want to go) you can see that there have already been someone that has undercut my bait with 4 gems with the standard undercut.

   As it is in this example you would probably go like, pff it's just a stupid Demonseye gem, nothing exotic. Well i'll try and get a screenshot of the new big undercut i do with the Red Inferno Rubies. For an example few nights ago i did this same thing like with the Demonseye but instead of it i went for the Brilliant Inferno Rubies, and on my server their moving price is somewhere between 80-250g depending on the day, well that night their current price was hovering at 120g and i was kinda running low on the red raw gems so i decided to try out my angling skills and try and bait out some cheap gems, and boy did it work. I posted 3 Brilliant gems at 35g each and like 3 minutes later i had 3 guys undercut me where one was undercutting me with 10 gems the other one with 7 and the third one had 25 gems up there, and all of them were at less then 35g. Needless to say i bought them all out and then cleaned house on the remaining 10ish gems on the AH and reset the price back to 250g. That night i sold them all at prices ranging 220-250g (the guys i undercut didn't stay away totally so they came back for round two so i had to battle it out with them on the AH but they lost their 250g worth gems for 30g previously). So there i was i got 40ish gems with them being pure profit ranging from 100-200g by not doing anything special, hell you dont even have to be a jewelcrafter to take advantage of this strategy.

   This doesn't stop at gems but like i said you can do this with beltbuckets, pots, flasks hell with all the high demand items to be honest, and pretty much anything that anyone would put in their posting addon.

   Just so you are aware, once you put down your baits know there's a good chance that someone might simply buy out your item be it a legit buyer or even a camper that knows his stuff (but those are not something you see alot) so it's pretty much like fishing, you need to throw a small fish to catch the big fish, or if you throw the big fish you might catch Moby Freaking Dick but if you get too greedy you might end up with just Moby's last name, if you catch my drift.

   So there we are, if you fancy yourself a good AH angler or simply want to try out the baiting then get your fishing pole and get to it, and like always keep an eye out for good opportunities out there.

Friday, October 14, 2011

Researching the Competition ( TUJ Part 2 )

   So now that you have decided which corner of the market you would like to jump in after spending some time into doing your research of the market scoping out those good deals it is time to take a shot at evaluating the second most important thing in the market and that is the competition, and for this as well we will be using the The Undermine Journal.

   Now in the previous post i explained everything you needed to know to get a feel of the market you want to get into and like i said before it's time to get down to checking out if the competition is low, ok of being farmed by a farmer/botter. (FOR THIS INSTANCE I WILL BE TAKING INFORMATION FROM THE SERVER EU-RUNETOTEM ALIANCE SIDE)


   In this next bit i will explain how to get detailed information about a certain seller of a certain item so if by chance your server or name comes up in the explanation don't be a hater due to me explaining how to scope you out :) ( p.s. i decided to keep your anonimity so no danger to you ) ( Scoping - Term used when you are actively following a certain player only to undercut him on any and all auctions leading to him having to repost all his stock and eventually piss him off enough that he vacates your corner of the market )

   For this next part i will continue on like if you had decided to get into the Jewelcrafting market, and we will go step by step in the whole matter so lets begin.

   First things first open up The Undermine Journal and from there go into the Enhancements and Jewelcrafting.

    Provided you did that you will end up on a rather unique page of the TUJ where it shows all the gems and their prices all put down in a single page for you to follow and see which is the most profitable.

   Now you can click on any of the prices and from there it will take you to a page directly showing the details about that item. Now down to actually scoping out the competition, the best way to do this is simply open up some cut gems pages and see who the most active poster is down in the Recent Sellers portion of the page as you can see on the image below.




 
      So now that we have some vague idea as to what we can expect from the market we can either go and say, it's ok five guys i can beat that no problem and jump in straight away or you can spend a few more minutes and actually get the posting times of those guys and see if they are just a one time posters or a regular jewelcrafter that's pretty much supplying the whole server with gems, and the way of doing this is, you guested click on their name. Now that you have done that you are given a bit of information about that character as to what markets he's into (what items he's posting) what times he posts them at (this is the good part) and how many he has posted.

   Now i've taken the posting tables from 3 of the guys i saw that were posting gems and from what you can see from all those white and blue squares is that their posting times are not very cramped which means if you lets say for an instance are a late night bird and stay up till late you can easily take out the 2nd and 3rd competitors for the Late Night Shuffle but the 1st competitor is still going hard at it so you might have to brush elbows with him. On the other side if you are a early bird and wake up early in the morning like 7-8am then you should expect some strong competition in the first hour due to people waking up and going to work and posting their gems before doing so like you can see with the 2nd and 3rd poster.

  ( Just so we are clear for this example i took 3 guys that were showing up on 3 different gems but doing a research on posters only by basing it on 3 items would be wrong because you want to find the big posters not the one time guys so do a more extensive range of research and check all the gems for people that appear on the Sellers List, and if you see a name that shows up on almost every gem then you have a big fish and need to keep an eye on him)

    So to know your competition all you have to do is simply check out the profession you want to do, then check out the items for prices and availability and finally scope out the competition with their posting time so you have their schedule so you know what is the best time to undercut them and take those sweet profits.

   That was about it on how to do the research and just so we are clear this is not ONLY for Jewelcrafting but general for every single profession and item in the game, and all of that provided by our best friend TUMJ (The Undermine Journal)

   So like always keep your eyes peeled for good opportunities out there.

   So

Wednesday, October 12, 2011

Doing Your Research The Right Way (TUJ Part 1)

   Have you found yourself in a place where you happen to have a few characters all with their own set of professions that can make you gold but whenever you tried to craft something for a profit you simply can't seem to get it sold due to some weird cruel joke the universe is playing on you and instead of making gold you end up loosing a bunch of gold in the end, or so that is what you think. Well there are ways that can help you get these things to stay in the past and you to get on the fast train to profit town.

   So what you need to know so that you can avoid loosing gold and knowing what's a good place to invest is a bit of a good ol' homework (market research), and don't worry you wont be doing any complex algorithms nor reading tomes of useless junk, no you will be using the one and only TUJ (The Undermine Journal) for this.



   Once again where we will try and elaborate a bit on the whole idea on how to get an idea on which market you should get into that will make you all that gold that you crave for. I will try and cover a few aspects of the professions that can make you gold and by using those examples i'm pretty confident that you will get the right idea and the right info on what's going to work for you and ultimately make you gold, so lets get started. ( FOR THE PURPOSE OF THIS POST I HAVE TAKEN A RANDOM SERVER INFORMATION EU-SUNSTRIDER (Horde) IN THIS CASE BUT IN FUTURE POSTS I'LL CHOOSE DIFFERENT SERVERS SO YOU CAN SEE IT'S NOT SERVER DEPENDENT )

   Ok so firist thing you want to do when you want to start a proper research on the market in general is see what you have, what you can make, and how well you can sell those goods that you can provide. So for starters lets say you have an alchemist that can make pots and flasks, now that you know what you have and what you can make you need to see how profitable that is going to be for you and is it worth it that you invest time and gold into it. The right way of going about this is first thing you need to do is go and type in in your web browser

http://eu.theunderminejournal.com    FOR EU Servers
http://theunderminejournal.com         FOR US Servers

and once you are there you need to get down to choosing your server, because that's the server you want to make gold on.


   Once you have arrived here you need to get your mouse in the Consumables rollover section and from there choose the Alchemy (or whatever other profession you want to check prices on) as you can see is shown on the image on the left.

   Once you've gotten yourself here there's a bit of information written down on the starting page as a way of explaining what is what, i wont go into details as to writing down what it is because it is very self explanatory and it's all laid down on the site so take a moment and read the legend there.

   Ok so you've read the legend and you are watching at those numbers next to the items in the left and wondering what is what, well keep on reading then.

   So after having read through the legend and getting an idea what Avail, Mats, Price, Mean is you can see that there's a bunch of numbers in there that some are green and others are red. Well what this is basically a street light effect telling you if there's profit to be made then it's green if there's a loss in making that item it's red (pretty simple huh), so as you can see lets say you want to try and get your feet wet by selling some flasks on the AH what do you sell. We can see that Flask of Steelskin, Winds and Draconic Mind all have a cost (mats worth) of about 20g to make while selling them at an average price 40ish gold. So this means that on every single flask you sell you get a 100% profit and that's quite good to be honest, but take a good look at the availability which shows is that there are 200 300 or even 500 of those flasks up on the AH which means if you are thinking of getting into that bit of the market then get ready to brush up your elbows off the competition for that piece of the profit pie.

    For the sake of argument lets say you didn't like your odds about the flasks and you want to try something else, maybe your spec in alchemy is as a potion master and you want to make profit by selling potions, then what you do is take a peek at the potion prices.

   If you see the prices there you will notice right away that there's some sweet profit to be made in the potions corner of the market as the crafting prices of the potions is 1-4g across the table while many of them are selling for prices raging 4-16g per potion ( take a look at the Potion Of Treasure Finding it sells for 140g, and yes that's the one that when you drink it it gives you a chance to acquire those Tiny Treasure Chests that usually contain volatiles, cloth, greens and gold ). So as we can notice if you were on that server and had alchemy you could make some good profits by jumping in on the potions market.

   So we started off this post with the assumption that you had alchemy, what if your lets say have a Leatherworker that you want to use to make gold with what do you do ? Well same as with the Alchemy first thing you choose the Leatherworking from the Enhancements rollover and from there you get the chart for leather working.


   Just like we saw up on the chart for alchemy we can notice the same setup here as well, in the first column you have the availability on the item on the AH at the given time, followed up by the cost of the mats for the crafting of the item ( that price is taken from the current price of the given mats from the AH at the given time ) and then you have the profit/loss column, but as you can see on the image which portraits the PvP gear that leatherworkers can craft it's green from top to bottom, well with the exclusion of that one item there but that's besides the point.

   This whole way of checking out which items are worth buying and investing in can be done safely before you ever have to invest a single piece of gold in a commodity you don't know how it's going to pan out by simply doing a bit of research which shouldn't take you more then 5 min and in return save you thousands of gold and net you those huge profits. Best thing about using this site to do your research is that you can do a quick research just about any item of interest being that you want to invest into materials so you can craft items, or if someone wants to sell you a piece of gear but you don't know what it's real worth is this is the place to check it out on.

   And so we come to the conclusion that by using our brains and actually doing the bit of a research on the matter we can get a pretty good idea as to what items are worth investing time and gold in, be it that it's alchemy, leatherworking, blacksmithing, jewelcrafting or anything you might think of we can be sure that we will make profits and by taking those given prices we can know a rough estimate of how much exactly we can expect to get out of our investment.

    So remember before you go buy buy buy do your research so when the time for sell sell sell comes you don't go QQ QQ QQ.



   And like always keep your eyes peeled for good opportunities out there.
  

Wednesday, October 5, 2011

CSS (Cheap Shot Sales) Not Counter Strike Source !!!

   So here we are back again with me teaching you fine goblins out there how to make gold by using dubious and below the belt techniques and i might add one that's a very very good for your pocket and urge to fill it with gold.

   If you've read some of my other posts you'll notice that i personally love the use of advertising to get my sales up, and this is something that i have found to be a crucial element in my selling and buying setup, so one might say that you need to have a magnetic personality or even be a loudmouth but that's ok if it gets you gold.

   This next bit i am about to tell you fine goblins is something that has made me a ton of gold and i usually don't like spreading the word about it mainly because it involves some not so moral things that need to be done but what the hell, there's gold at the end of the rainbow so why not.

   So i'll try to cut it short and get down to the bare facts and how to do the CSS. Lets say that you have an item that's something of worth but it's simply moving too slow or the demand is too low but you want to get rid of it as soon as possible, what do you do then, why use the CSS.

   Let me elaborate, the CSS is basically you getting other people to buy a given item that you've put on the AH by barking trade channel with a different character saying that you want to buy the same given item for a higher price and hence trying to force someone into buying the item you've previously put up on the AH with your main character. As a perfect example for this would be the titansteel bars which are one of the main ingreedients for making the Chopper-Like mount that many people crave for it. What i did is i went on the AH and saw that there was like 10ish posted for 95g on there and i bought them all out and reposted them at 199g per item and then logged my banker character. As soon as the loading screen was done i started barking trade channel that i wanted to buy 8 titansteel bars for 250g per bar (don't put a number greater then the amount you've posted on the AH, in this case 10 because people will not want to buy it because it will not fulfill your need and they don't want to risk it) and about 4 min later the AH was emptied out from all the titansteel bars. That is when you don't whisper back to the people trying to tell you that they have it and want to trade it to you or invite you in a group, but you rather relog on your main and see that those 950g you invested into the truegold is not actually 1900g after 4 min of barking trade (as a side effect you have a bunch of people that hate you but hey we are goblins we don't belive in Karma).

   So there you are and this strategy could be used for any item of interest and it will always get your sales to go smoother, though if you always do that same tactic from the same alt people might start to catch up and see through all the smoke and mirrors do diversify as what item you are "selling" with this strategy.

   So like always keep your eyes peeled for good opportunities out there.

Monday, October 3, 2011

Big Game Crafter (BGC)

   So here you are, a very skilled and charming Jewelcrafter, Alchemist or whatever profession you might have and are making loads of gold and you start thinking that you are pushing the max out of how much you can be making, be it that mark you've set for yourself is 1k, 5k, 10k or even 20k per day and you feel like you've hit that high quote that you can't possibly go over by using the Auction House. Well you might be right if you are using all your available markets to you, and you are doing it all as you are supposed to be doing it, but what if i tell you that you can make so much more by not expanding into different markets and trying out what sells there and then clash with the other people that are already sailing strong into those markets. Well if that interests you keep on reading about the possibilities that are offered if you choose to be a Big Game Crafter.

   So let me give you an idea as to what i mean when i use the phrase Big Game Crafter, it's actually very simple but yet still ingenious.

   Lets say that you are a Jewelcrafter and you spend your days brushing elbows with the competition on the AH trying to get your gems sold so you can get a slice of the profit pie, you post 200 gems and you are bound to sell some 5-10 gems before you get undercut or even more if it's a busy time of the day and the competition is low but the fact is that no matter what you will never sell your full stock and get 100% back on your posting fees and not to mention there is no way to avoid paying the AH tax A.K.A AH cut, but actually is there ?

   YES THERE IS, and this is the core of the (BGC) strategy, and the only thing you need to do is have some half decent persuasion skills. Ok enough with the beating around the bush, lets go down to the facts and how to of the strategy so you stop wondering what the hell am i talking about.

   Few days ago i had an idea where i talked to my GM about supplying the guild bank with all the gems there are so the guild would get them at the lowest possible price so that it can sell them to the raiders at a 50% discount which in fact would be a moral boost and some effective spending of the guild bank gold. Took me about one and a half hour to make the cuts and filling up the bank with the surplus gems i had and the uncut ones that i had i got around 40k gold from that transaction which was the bare minimum with a very low to none profit margin but that actually gave me an idea to offer something in those lines to the other big guilds on my server and this is where i struck gold.

    I contacted few other guilds, their respectable GM's and told them that i am willing to provide them with a good deal on gems, as well as food for all their raiders if they buy them from me in bulks. I got three GMs that were interested and we struck a deal, took me about 3 hours to craft all the gems that i had told them i would supply them with but it was time well spent because after i sold them the whole package i got about 57k gold from each of the guilds that i made that deal with (well two of them paid the 57 the third one didn't want the whole stock and had a predifined list of gems but still got me about 35k) and on top of that i managed to sweeten the pot with the food thing, and seeing as how i am not very big going out there killing animals for their flesh or fishing i sold the food of the Chinese  people, the Fortune Cookie, but it took some negotiating and explaining but after a while (me telling them that there's a chance for the 5k golden card to be acquired from the food) they agreed and bought them at 220g per stack which was awesome price for a wholesale  as i could cut my production time in half because some idget (word sponsored by the show Supernatural) was posting them for 6g per card and i bought them bought some flour and made them into the cookies and sold them for 11g per cookie. So there i was sitting on well over 150k for that day and wasn't even near a patch day, nor the prices were inflated on a niche market which i had no competition, nope nothing like that, simply using the BGC to rack up some great profits.

   Same technique can be done with herbs, flasks, pots, food, beltbuckets hell anything you might be selling on the AH and has a high demand  and the best part no need to deal with competition only a one on one talk with a certain GM and you could be reaping the profits in no time.

   So try it out people, it worked for me and there's no reason why it wouldn't work for you. I sure hope you get some awesome profits out of this one and like always keep your eyes peeled for good opportunities out there.

Saturday, September 24, 2011

Cutting The Boring Time Down

   IF YOU READ THIS "INFORMATIVE" BLOG POST AND THOUGHT IT WAS A GOOD BIT OF INFORMATION PLEASE DON'T FOLLOW IT AS IT IS BORDERLINE IN THE GRAY ZONE AND JUST TO MAKE SURE THAT YOU DON'T END UP WITH A TEMPORARY SUSPENSION UNTIL THE MATTER IS RESOLVED.


   I WOULD LIKE TO THANK Apathy123 FOR HIS DETAILED QUERY ABOUT THE MATTER AND  I WOULD LIKE TO APOLOGIZE ABOUT THE MISINFORMATION OF THE POST. (If you didn't read the post that was in it's place then you have nothing to worry about)
 
  
If anyone did read this post before it was deleted and liked what it said and found it to be something that he liked, then go check out the post that was specified by Sinshroud, it's basically a totally legitimate way of doing your milling and prospecting while doing anything else on the net.

http://consortium.stormspire.net/consortium-quality-guides/3711-article-quick-autohotkey-guide-background-prospecting-milling-legitimately.html

Kudos go to Apathy123 AKA Sinshroud.

Thursday, September 22, 2011

Trolling for Gold

   Ok this little bit of info i'm willing to share has been one of my dubious, low punches i have used in the past to tailor the prices of a given item to my suiting by using a tactic that's not quite honorable thing, but hey it's cool non the less :).
 


   I'll try to elaborate a bit as to how this whole thing works. Trolling, yup you heard it right trolling, you know those awful people that dwell in the trade channel and pounce at every chance to turn a perfectly    good working trading channel into a anal, chuck norris, dirge spamming you know the a-holes of every MMO game. I'm guessing right about now you are wondering what do forum trolls have to do with making gold, well read on and you will see.

   Ok to get down to business, i have 10 characters on my server and even though i am always about being creative with names for some reason i decided to make 9 of them start with Vile which kinda blows but then again i had half the wits to name my mailing character something different and that kinda made it all possible to use the following tactic. So what is involved into this tactic is you logging on your character A ( lets call him Ace ), here for instance we are trying to control the price of Pyrite Ore, so you log on with Ace and go on the trade channel, now the following part takes a bit of a imagination as to you'll need to think how to make the people that have the item you need sell it for under price and don't feel cheated.

   What i like to do when i want to achieve this effect is play the troll card, and by that i mean i get on trade and start barking things like. ROFL @ U n00bs for stocking Pyrite Ore now that there's no Epic gems your gold has evaporated and your profit gone. L00$eR$!!!  after a post like this expect some flaming and then some people starting to call you idiot, troll or something in that order, but what we are interested is what in fact is happening on the AH in the Pyrite Ore section. So while half the server is busy calling you an idiot you have the people that have been stockpiling on Pyrite Ore hoping to score big on the gems and didn't get the memo that the epic gems are coming from the new raid are sweating and contrary to the common rule of DON'T FEED THE TROLL they are doing just that but without even knowing by doing exactly what the troll wants them to do. So what you will see is, prior to your trolling prices holding at 70g then 10 min into your trolling you see someone offloading 30 or more stacks of pyrite ore for 50g, 20 min into it you'll see that now there are 4 people posting amongst them selves and undercutting themselves and soon the price goes down to 35g, mind you that 50% decrease in less then half an hour. So what you can do at this point is buy them out or continue on to phase two.

   Phase two is still a bit of a gamble but still very profitable if played right and it requires a bit of some extra trolling. What i have done is post something like. KEK you suckers posting Pyrite Ore for that price? pff coming next week their price is gonna be 10g LOL, good luck selling that crap. Now this is where people either see through the bull crap or ( the majority don't see through it ) they start dropping their price even more and that is where the honey pot is located. I'll take as an example what happened with my server, the prices started at 70g (when i logged in at around 4pm) then i did some trolling by 6pm prices went to 40ish, at around 7pm i decided to go on to phase two, and at that time there were 5 guys posting their ores and undercutting each other, after my phase two, two of them saw through the scam and simply decided to take their ores from the AH while the other three continued going even lower. Needless to say by 11pm the prices plummeted to 19g per stack and that's when i jumped in and bought out about 200 stacks or the ore and the stacks where between 19-21g and emptied out the AH.

   After i got all those stacks i sat on them till about 1:30am (i've found out that the best time to post things for it to be low competition but still a high amount of people is about this time because most of the raiders are gone to sleep but there are many more that are awake) and then i had one of my mates post 20 of the stacks of ore i gave him at 120g per stack, and i undercut him with my 20 stacks on my Ace character for 119g 95s. So right there i've set in stone the price of Pyrite Ore to be normal at 120g for the next guy to comes to the AH and check out the price. So what i do about this time is i log on one of my other characters and start barking in trade something like WTS Pyrite Ore, much cheaper then the AH. More or less in the next 5 min i get 5 whispers asking me about price which i set at 90g, 3 out of 5 will laugh at me and simply tell me too high but those other 2 will be buyers. Last time i had a guy asking me if he buys large quantity will i give him a discount, i said ok for 80g and he bought 200 stacks.

   So right there is the whole essence of the thing, i spent some minimal time trolling the trade channel got the price to go down then bought out about 200 stacks for 20g each and sold them later on that night for 80g which on par means i've made a 60g profit on each stack  so 200 x 60 = 12 000 so there we are basic math says that some good 'ol trolling netted 12k profit without me crafting, or undercutting with anyone about anything, and my only two weapons of choice were the trade channel and the Auction house.

  ( IF YOU CHOOSE TO TAKE UP TROLLING AS A PART OF YOUR ARSENAL MAKE SURE THAT YOU KNOW WHAT YOU ARE DOING BECAUSE EXTENSIVE TROLLING CAN HAVE WAYS OF BACK FIRING - 24h BANS AND 72h BANS ARE A POSSIBILITY IF YOU GO OVERBOARD WITH THE TROLLING SO USE WITH CARE AND CHOOSE YOUR WORDS WISELY )

Being this guy, a tricky little annoying bugger will make you gold but if you choose to be the guy below ....
















.. yeah this guy. Then my good friend you will not fare well in the WoW universe unless you like time away from WoW in to form of 24h and 72h bans.