MoP Preparation Part 3

   As time passes without any new content it is more then obvious that the economy is slowing down. Well this was expected as it is the same cycle we see before every expansion, but one thing that is actually a positive about the expansion ending time is the amount of gold one can make with some smart investments. In the previous posts in the MoP preparation category we covered some of the things that will be profitable to stockpile on for the expansion, and today we are going to take a look at another profitable venture that we can take advantage of. 

   Raw Materials, yup that is going to be a great market to invest in for MoP. To clarify a bit, when i say invest into raw materials i mean scope out all those materials that people will want to powerlevel their professions. If you want a better idea as to what those items are check out a previous post i did that covers that particular area, or you can simply jump on over to WoW-Professions to see the list for each profession.

   The reason why this is going to be a great market to invest is due to it's potential for sales, and the increased demand for those materials for when the Pandas are unleashed in the world. 

   From what i have gathered from talking to different people is that they will make a Panda as soon as the expansion hits the live servers. Now when that happens you will see a bunch of people that will shoot past leveling professions because they will want a shot at the server first Panda achievement, well those people are not the market that we will be aiming for, rather we are going to take aim at the bigger portion of those people that will want to play their Monk as their main character and would like to level their profession while they are leveling their character.

   Weirdly enough from what i have gathered, the majority of the new people that were talking about starting a Monk told me that they would choose to level Jewelcrafting as their main profession due to the fact that the profession gives a major boost to their stats, has Awesome gold making potential and will be able to make mounts in MoP that you can turn around and sell for profit ( allegedly ), so i would take a closer look at the jewelcrafting leveling market.

   In another post i talked about whether MoP will bring inflation or deflation in the economy, but seeing as how the item level squish didn't happen we can only see inflation of the prices, which in return would mean that the worth of the gold would decrease, and by knowing this the worst case scenario would be to hold liquid gold as it will loose it's worth for about 20-30%. 

   So to sum it up, don't be afraid to invest your gold into materials that you will turn around and flip back on the auction house. When looking for items to sell, check items that have a higher price but stack in a higher number ( certain gems are the ideal candidate ), and i'll say it again as i can't stress how important this is, DON'T be afraid to invest, as anything you spend 10g on now is going to be worth 15g coming MoP.

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

Spotlight on Twizzcast

   A while back i had a monthly series of posts called The Spotlight where i used to post about interesting sites and podcasts that i had found out about that month. Well seeing as how i wasn't digging up many new sites to make it a monthly thing i kinda stopped, but today i want to make another post in that category.

   Today i would like to put the spotlight on Twizzcast which is a new podcast in the WoW podcasts scene, and for those of you that enjoy listening to podcasts you might recognize the the voice behind the microphone as one Twizzletank formally from Rep Grind Radio. 

   Well Twizz started this new podcast on his own, and if you would like to have something the keep you company for the long commute to work, or help you stay awake during a boring lecture this might be a good place go and download or stream the podcast.

   Oh and one more thing, last time i saw they had dubbed Twizz as a "clean" podcast that you can listen to work, or around your children, well that is actually wrong as Twizz can hardly go around and not drop F bombs so the podcast should be rated M for Mature because you will hear a lot of profanity there.

   I don't want to make this any longer then it has to be, so once again if you enjoy a good WoW Podcast just about anything WoW related then give TwizzCast a chance and you might find yourself pleasantly surprised. 

Arcane Crystal Profiting

   One of the most profitable ways of making profit in a  market is when you can find a niche market that no one , or very few people know about or are actively participating in it. Well today we'll take a look at one of those markets, and how you can obtain some quick profits by doing these.

   For this Niche Market you will need to have Alchemist that is at least leveled to where he can transmute Arcane Crystals and Thorium bars.

   First of all we need to define what is the item that we want to sell, and that is the Arcanite Bar. Now as any alchemist can tell you, you will need 1 Arcane Crystal and 1 Thorium Bar  to be able to transmute one Arcanite Bar. This isn't anything complex or confusing at any point that would require me to go into detail, it's simply check the price of the Arcanite Bar and compare it with the combined price of the Thorium Bar and the Arcane Crystal and you will see that in 90% of the time you will turn a hefty profit from doing this. Though if the price of the Arcanite Bar is lower then the price of the combined materials then buy them out and repost them to your liking and your profit margin.

   Another thing worth mentioning is that if you happen to come across some cheaper Arcane Crystals BUY them out, and the reason why i'm telling you to do this is simply because the Arcane Crystals are the only ones that you can't obtain through the conventional prospecting way, but you rather have to go and mine Thorium and hope that you get lucky.

   Before i head out i want to tell you one last thing, and that is who is going to be your buyer and why. Well your buyer is going to be either the fanatical transmogrification guy that wants to have all of his weapons as awesome looking and unique as possible, or the very smart crafting goblin that decided he wants to take the first guy's gold. What i mean by this is that the Arcanite Crystal is base material in a wide assortment of items that can reach very VERY high prices on the transmogrification market if you happen to be the only one crafting those items, and you don't do the wrong move and craft more then one item and annihilate the illusion that the item is rare and a justified purchase for 10-20k gold.

   So get on your AH, check the prices for the Arcane Crystals and the Arcanite Bars, and if you see that there is a room for profit there jump on that wagon and ride the Gold Train Express. But if you happen to have a crafter Blacksmith/Leatherworker you might want to check out what you can craft with the Arcanite Bars. Between the quick shuffle of the market and the very high payout of the Mogging market this can turn out to be a very good deal for some of you, so get to your Auction houses and start selling.

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

Transmogrification Casting A Wide Net

   There are many people out there that are enjoying the advantages and profits that the transmogrification market is offering. Even though it has been commented by many different bloggers on how to get the most of the market, there are many, many people that simply don't want to deal with the hassle on how to import lists into Auctionator and decide that is not a good market for them.

   Well if you happen to be one of these people then you need to change your opinion and get into this market even this late. If you watched the video at the beginning of this post you got the idea on what i mean when i say using the wide net approach, but in case you didn't have the 7 or so minutes of your time that you want to spend watching that video i will break it down in text as well.

   The whole idea is that you WANT to get in on the market, but you don't want to go after a particular item.  So the only logical step would be to go after ALL the items on the auction house that are in the affordable zone. What i mean by this is that you want to manually go through the auction house and scan it for deals.

   Now when you think about this, the first thing that comes into your mind is that you are going to have to scrolls through pages and pages of auctions and then sort out what is worth buying, and what is crap that you don't want to have. Well you would be wrong again, as that couldn't be further away from the truth. All it takes is about 5 minutes of your time and a character that is near an auction house.

   Once there open up the weapons category and go into the groups like 1h Swords and make the items sort by price from lowest to highest. Once you have done this simply pick up the cheap ones ( usually under 50g ) and go to the next group. After you have scanned the weapons category, go down to the armor category and do the same with the different armor groups. If you have done this you probably ended up with a few or quite a few items depending on your auction house and the competition, so all you need to do is make a new group in TSM and configure it so it posts the items at a high price and a low undercut. In my case i have them reposted at 1950g and a 1c undercut and a lowest price at 600g, but you can define your prices any way you like.

   So the whole idea behind this is to simply acquire as many cheap items from the auction house and repost them back at a very high profit margin and simply wait for a potential buyer to take the bait. The image on the right is sales from that same character that i took in like 10 minutes before i made the video so you can see that those items that i bought out for 5-30g price range sold for 100x their worth and netted in some nice profit. If you want to get a better idea on which items to look out for check out one of the older posts about it but that will only give you a outline, if you want to get a much more detailed look at the matter you might want to check out Faid's Clockwork Riot blog, and Jim Younkin from Power Word: Gold as they have both covered the transmogrification market in a more detailed extent. If you are a Twitter user you might want to check out The Mogfather and Farli from The Overcut. If i have forgotten anyone else that is a major contributor to the Mogging scene put it in the comments and i will add him as well.

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

Market Manipulation

   Today we are going to take a look at a very interesting way of making sure you profit from selling an actual item, while selling your services for prices that are so cheap that even Scrooge would yell out BARGAIN !

   This strategy that i will tell you about is an old yet VERY effective way to rack in some phat profits. Ok seeing as how i don't want to make this a very long post i will get down to the facts and explain how this works right away.

   What this strategy consists of is basically making people buy (item X) that is material for (item Y) that you can craft, and you offer your crafting skills for a very low price. But not to sound too mathematical with this i will get down and explain this with an actual example that should clear up any confusion there might be.

-- Content Removed --

   

   Now this is more or less the same with any item and the logic behind it is that you are advertising a finished product to promote your other auctions that are the materials for that item. This works just awesome when you use it on a rare craftable item, and if you happen to be able to craft an item that has a unique appearance to it you can take a cut from the Transmogrification market as well and make those appearance crazed people to get your item or materials for huge profits. 

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