MoP, Selling Caged Pets

   Mists of Pandaria is well on it's course, and from what i have seen already it is setting up to be an interesting expansion. We have new things to do, and new ways to make profit off from nearly every place we take a look at. Well today i chose to talk about a market that i think is going to be the next luxury market in WoW. As a clarification ,when i say a luxury market what i mean is a market that people buy/sell for commodities that aren't used to boost your raiding performance, nor make you a lean mean killing machine in PvP, an example for these luxury markets would be the Transmogrification and Pets markets.

   I have covered the section about making gold with pets in the past where we would craft or resell pets to people that were collectors and were willing to shell out top gold for them. Well with the new MoP pet battle system we have a whole new crowd coming in on a rather old market, and with their arrival the rules for the market are going to change.

   What this means is that, we used to sell the pets to people that only wanted them for the look, and now that they can do battle we are going to have people that are buying them for their combat abilities as well. 

   One thing that is important to know about combat pets is that you can tame a wild pet in the outdoors, but when you do that you can't "cage" him and then sell him on the AH (as far as i know and from what i have seen) but if you take a pet that you learned from an item, be it from a rare drop or a vendor pet and you level him up, then you can right click him in your pet list and from there you can choose to put him in a cage and then you can sell him on the AH for a hefty profit.

   There is another thing that is quite amazing with this patch about the pets market though, in a way Blizzard has made the pets to be shared across all your characters on your account, which in turn means that you end up on a globalized pet market. What i mean is simple, you want a pet Rat, but that Rat on your server is 1000g, you pop up on another server and you see it there for 1g, you buy that Rat there for 1g come back on your server and Boom you have a pet that you can either use, or resell for a hefty profit. Plus that same goes both ways, you can buy a pet from your server and then sell it on another server and make a starting capital if you want to change server.

   But back to the same server pet trading. One other thing that you might want to do is use up some smart advertising for your pets. Why this is a good idea is because people are still leveling their characters, and some by chance see the pet trainer and then they get hooked on the battle system. That is when you want to come in line and sell them the pet that they want, and the pet that will help them in the long run.

   So first thing you want to check is the AH, and see if maybe someone has posted a "leveled up" pet on there for a cheap price, then if they have you snag it and then try and peddle it, or if they haven't you have to level one yourself ,which is not all that hard. Your macro should be inviting and alluring to them, so use something like:

" Are you sick and tired of seeing your pets loose in a pet battle, well get your high level [Insert Pet Name] and never loose again "  

   In reality that is a bit of an over sale as the level of the pet has nothing to do with winning or loosing when he's facing a same level opponent, but that doesn't concern us, what we are interested in is making gold.

   So i am really curious to see how this market is going to morph in the coming months when people are done with leveling and are hard into the pet battle system, and they start buying/selling leveled combat pets.

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

Maximizing MoP Profits

   So here we are counting down the last hours before we say farewell to Cataclysm and open our hands and prepare to embrace Mists Of Pandaria. Well while we are waiting that doesn't mean we should just stand around in our capital cities and do nothing, on the contrary we should be hard at work to prepare.

Maximize your profits by Syndicating

   In the previous posts i covered the things that should be on your watch list for making profit by stocking up on materials, and then reselling them later on for profit. Well today we are going to take a look at a different thing that will be more about optimization and maximization of the profits that are to be had in Mists of Pandaria.

   So i will try to keep this as short and informative as possible. Few of the most important things that we want to make sure we don't botch would be to stay on the up side of the supply / demand curve and always be ready to sell what the people are looking to buy. But lets get down to more specific examples.

   Let's face it, the majority of the people that are playing this game have been playing this game for quite a while now, some are playing since the start of Cata, some are playing from WOTLK and there are even some that are coming from the Vanilla/TBC era. Well the same thing that all of these players have in common is that they all have multiple characters (alts) and they have different professions on them. Well if you are one of those people then you should make sure that even though you can't level all of your alts at the same time, you can at least make sure you aren't missing out on the things that are limiting your progression by a time table. 

      What this means is quite simple, if you have a Jewelcrafter, Scribe, Alchemist or any other profession that has a "daily" quest to do, make sure you do it and don't skip any of it. The reason for this is, even though it's it going to be very alluring to play your main and race for the top level 90, in the long run it will be very profitable NOT to skip on doing your daily profession quests, even though you might have to put some time into doing that.

   A great example for this would be the new Inscription daily research in the form of a Scroll of Wisdom that will be the new way to obtain those glyphs. There are 21 glyphs to be learned from that scroll which means that if you skip on a single day then you are skipping on getting some serious profit because there are no other ways to get that glyph except for the research, which in return means that not even your competition will have them so you could have a monopoly on that given glyph for a day or a week depending on the competition's luck of the draw.

   And last but not least, as i put in the first image above that says "Maximize your profits by Syndicating" you should really think about doing just that.  I covered a variant of this tactic a while back in a post that was about making gold with the help of a friend, but now we are going to take that idea and further build on it.

   To make it as simple as it can be i will get down to the idea right away. You want to make a syndicate of a given profession ( Jewelcrafting in my case ) and invite the top sellers in the market to join you for the greater good of all of you. What this means is that you all get to an agreement on who takes which gems patterns and then among yourselves you can have 4-5 or even more people all gathering their profession tokens and working as one opposed to all of you going for the same gems and then miss out on the profits that are to be had by selling a particular gem that someone was looking for, but couldn't find it because noone had learned the pattern. 

   Though to clarify, when i mentioned that you want to divide the cuts what i meant is that if JC 1 learns to make STR red gem, JC 2 learns to make INT red gem and i learn to make the AGI red gem, then i send a stack of uncut gems to both of them, and they do the same to me and we get back a cut version of the gems. So that way in a single cycle that will be needed to get one pattern you end up with 3 patterns, and the market is going to be controlled by your syndicate, meaning the opposition will need a much longer time to get in on your market while you will be up posting ALL your gems and undercutting only with the people that are in your Syndication. But if you decide to play it fair you can put your friends in your white zone so you don't undercut them but that is between you and them.

   So bottom line, while you are waiting for MoP it would be a good idea to talk to the major players in your server economy and give them the opportunity and the idea of a syndicate, and try to explain why this would be a great profit making idea. So for now i leave you with that and wish you a great time and fun in MoP

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

   

Back For MoP, Back For Gold

   So here we are back after quite a while with a new post, and hopefully the first in many posts to come. First of all i would like to say that i stopped with writing new articles on the blog for one reason and that reason was simply the fact that i didn't think there was anything new worth writing about, and i didn't want to make "new" posts that would be simply same as the old ones but from a different points of view. 

   Well all of that is about to change with the release of MoP. What this means is simply that all the markets are going to explode and be alive and ripe for the picking, and all you will have to know is how to make the optimal profit from those markets, and that is exactly where i will try to give you all a hand.

   Just like any market, or deal that transpires in the real world where the research and preparation are the key to being a success, the same goes for World Of Warcraft expansions. Knowing what to expect, and more importantly preparing for the upcoming expansion is 50% of the profit already in your pocket. I won't go into details on what you should have bought so far, simply because i made a post in two parts that was more or less a spot on about which items you should have stocked up on, the first part and the second part covered a wide market so you might want to check them out.

   Ok i am done with the words of wisdom, but now lets take a quick look at a tip that will actually make you a very hefty sum of gold in the longer haul, and it will make you go "Daaaaamn that was profitable"

   If you read up on these previous two posts back when i posted them, and you did some preparation and stocking up you should have a nice stock of soon to be older tier of materials, but if you haven't it's not all over as there are still almost two days left for you to pick up some bargains of the year. I will tell you exactly what to look for and what i stocked up and the reason behind it.

   First up i followed up on my own tips about the inscription and the inks in particular, i bought up all the cheap herbs that i could find up on the AH. The reason for this is that when MoP ships the only way to get the older inks would be either mill the old herbs (which are always rare to find) or exchange them for the newest inks (which will be expensive as hell), so this is why by buying inks now and then either reselling them or making glyphs with them in MoP is going to score you some awesome profits. While at the Inscription profession, you might want to take some Moonglow Ink, and Snowfall Ink and put them on the AH in stacks of 1, and the reason for this is because you want to cover the market for all the new Monk Scribes that will pickup Inscription and will want to do their Minor and Northrend inscription research.

  If you have a Jewelcrafter that has been a good boy/girl and has done his dailies and picked up on the epic cut gems then now would be a good idea to pick up the epic raw gems that are up on the Auction House for ridiculously low prices. Just for reference i picked up raw epic gems for 30-80g each, and i am well aware that in a few months i will sell those gems cut to twinks/alts for 1500-3000g easy. The reason behind this thinking is that the supply for these gems is finite and unless they introduce a way to get those gems by transmutes (which i doubt they will) you will end up with a VERY valuable piece of commodity.

   Lastly if you have an Enchanter you might want to pick up on some of the very under priced Maelstrom Crystals, or any of the other enchanting materials that you are low on stock. Just know that the price of the Maelstroms is going to crash in the next few days while anyone and everyone that has an Enchanter is going to be DEing their old gear and trying to sell the Maelstroms on the AH. The reason for stockpiling on these materials is simple, you will want to keep the Cata market covered for twinks that are always there, but the down side is that this is actually a longer term investment but a very lucrative one for that matter. Right now you will be able to pickup the Maelstroms for like dirt cheap prices of like 10-20g and after the dust settles they will be worth at around 100-140g (the vendor price for the ones that know how)

   So i leave you with this for now, but i will continue with new posts and more importantly posts about things that are profitable and things that will help you make a lot of gold. 

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

   

Preparing For MoP Investments Part 2

   In the previous post about the pre-launch for MoP we gave the companion and Inscription market a quick glance, and today we are going to take a closer look at a few more markets that would be very lucrative to take advantage as we send off Cataclysm on it's merry way, and welcome to arrival of the new expansion. 

CRAFTING

   First market that you would want to keep your eye on would be the materials market. Now to make it clear, i won't focus on telling you about each crafting profession separately but am i quite sure you will get the idea.

   The idea behind the crafting market, and its potential to be a huge profit margin is quite simple, yet very few people will see it. The actual idea is to buy the materials you usually use to craft your items, be it PvP set items or PvE epic items. The reason for this is because their price is dirt cheap seeing as how it is the end of the expansion and very few markets are moving any goods at all.

   So the price of the given "raw materials" is cheap, the supply is abundant and the competition is really not in the mood to buy it out. Everything sounds like it's setting up to be a sweet deal, but wait that's not all. By buying your materials now you will buy them at prices that aren't affected by the incoming inflation that will hit when MoP ships out. So as an example, if you spend 20g for a stack of Obsidium or Elementium Ore, expect that same ore to be 100g or even more depending on the inflation scale when MoP is the new dog in town, and Cataclysm is left in the rear view mirror.

   But lets take another look at what we want to keep our eyes open for in particular: 

   You want to keep an eye on the price of Elementium Ore for it's use in crafting all the level 85 plate PvP items. You also want to keep a healthy stock of Pyrium Bars which you can use later on to continue crafting Ebonsteel Belt Buckle, these will always be in demand from the people that end up twinking their level 85 characters. Another very important thing would be to keep an eye out for the volatiles, and their price. They are easy to obtain now and their price is cheap, but as soon as MoP hits their demand will go down but the supply will simply borderline dry out, so get yours now while you still can. 

   Another material you might want to get stocked up on would be leather, even though it's price is still a bit steep remember that inflation still hasn't set in and everything is still rather cheap. So if you were in the PvP leather market it would be a good idea to get stocked up as well.

   There are a few markets though that i wouldn't stock up too high on, and that would be the cloth market. The reason behind this is that with the introduction of the mass looting system it is going to become very easy to obtain cloth and it's price is going to be rather "volatile". 

   Last of the professions that would be worth stockpiling on would be the enchanting market. As it is now the price of the Hypnotic Dust as well as all the other latest materials is cheap because the influx is rather high from people still doing the Ore Shuffle but as soon as that is over the price for the dust as well the essences will go up. While on this topic it might be a very good idea to stock up on some Jasper and Alicite  which you can use later on for some post Cata DE action, as well as crafting and selling the rare rings to people that are leveling alts, or the new Pandas.

   Ok i'll end this post here, but in the next post we are going to take a look at how to approach the end of the expansion as a Jewelcrafter,  as well as a trader that wants to bank on the uprising of the new "PANDAmonium".

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

Preparing For MoP Investments

   So in about a month Mists Of Pandaria will ship out and finally we will have something new to do, kill new baddies, raid new places, level our professions and open up new opportunities to make gold. But before MoP finally ships we are going to have some time to make some pre launch investments that will pay out big in the near future, and i will further explain how and why.

   As the sign on the side here says, we will be buying the "used" goods, or translated into WoW terms we will be buying the soon to be old tier stuff. 

   What i mean by this is simply the same thing that happens with the release of every expansion, the week or so before the release of the expansion people get into insane mode, and they are trying to unload everything they have in the hope of making some quick gold off it while it is still current. This has some basic logic behind it, but if you give it a second thought and realize that even though it won't be the current end game tier there will still be market for it, and it will probably end up being much more expensive than it is now.

   But enough with the vague talks about what is going to happen, let's take a look at some actual items that will be worth buying when the big "Yard Sale" begins.

PETS

   Pets or companions will be in great demand in MoP, especially with the whole new Pokemon like pet battles. Up until now there was a demand for these pets from people that simply wanted to have them walk next to them, but now that they will be able to actually make them fight, and level them the demand will go even higher. But not everything is as jolly as it sounds, with the shipping of MoP Blizzard decided to make one crucial change and make all the mounts and pets be account bound. What that means is what ever you have on one character, it will now be shared on all of them.

   So there will be a huge increase on the demand for pets early in the launch of MoP, but that demand will be saturated rather quickly for the more common (vendor/crafted) pets, while the demand for the more rare and extremely rare pets will be further increased, and with that the prices for those pets will inflate quite a bit.  I have covered a bit about the location of the pets in the world, as well as the vendor location in a previous post so you might want to check that out, but if you are looking for more information about pets, you might want to check out some of the other blogs that are on the blogroll.

SCRIBES

    MoP will open up a huge profit market for the crafty scribe that will be up to the task to pounce on the possible profits that could be made early on in MoP. To be even more precise i am talking about the whole new Panda glyphs that will be available at the start.

   Now even though everyone will have them, not everyone will be able to craft them in high volumes. The reason behind this is pretty simple, they will still require 3 inks, but instead of requiring the overstocked inks from Cataclysm it will require the new Ink Of Dreams which will be expensive as hell for the first two months or so. So knowing this here is the punch line, BUY YOUR INKS NOW WHILE THEY ARE STILL DIRT CHEAP !! 

   I can't stress this enough without putting them with big red letters so i did just that, and as for the Panda glyphs the majority of them will require Ink Of The Sea, so make sure you stock up on those in particular. 

   If you are looking for some more info on Inscription and how to prepare for MoP as a scribe, then you might want to pop over to Croda's Blog where he covers all about Inscription. 

   I will cut this post short here, because if i continue on it will end up like a wall of text and we don't want that do we. Anyhow in the next post i will cover the preparation and shopping lists for the Enchanting, Jewelcrafting and the major crafting professions. But for now i leave you at this, and remember like always keep an eye out for good opportunities out there.