When And What You Post Can Make A Big Difference
This one hearkens back to an old saying – since some of us are older than others (and I’m not sure they even use this phrase much any more) an intro is in order.
“That guy could sell [snow cones/refrigerators/ice cream/(anything cold)] to an Eskimo”
Yeah maybe – but wouldn’t he sell a LOT more snow cones to people in Phoenix, Arizona? I mean there are some people that are just born with a certain amount of arrogance, and it is quite natural for that to directly translate to e-peen. In other words, why go out of your way to sell the worst possible items at the worst possible time in the worst possible way just to prove you can sell something. There is another old saying that I like quite a bit better:
“Work smarter, not harder.”
That, in a nutshell, is our entire gold-making system. You can go farm, you can track hundreds of items, you can depend on your main toons’ crafting professions, you can spam trade chat, you can sell ice in Northrend . . .
As for me, I prefer smarter. Now, being smarter doesn’t mean you’re some sort of genius. All it means is that you track what works and what doesn’t work quite as well. Then you have to filter that information to find out what really works best based on some sort of quantifiable number. We can all be very subjective about things, being smart is when you set your preferences aside and just make a cold, hard decision based on cold, hard facts.
And that’s what we did. For two years we tracked everything about everything we did that had anything to do with gold in any way. What we came up with is a way of making gold that is based on a very simple root – time.
For a few years, I was a personal trainer. I did the same thing with working out. I hate working out – HATE IT. So when I found a system that cut the time requirement down to the bare minimum and got even better results – I could do that. And it was so simple I could teach other people how to do it as well. The cool thing is that it works every time, for every person, regardless of age or any other factor.
And the idea rubbed off into everything else I do. So when I started in WoW, it wasn’t long before I realized I needed more gold – a lot more. So I applied the time factor to everything I did to make gold – and I did it all.
- My first 1000 gold farming copper, tin and bronze in Darkshore (pretty nub stuff)
- Grinding mobs for cloth
- Farming SMGY
- Farming rares for twinks
- Crafting blues
- blah
- blah
- blah
That was pre-BC. Around the time the Burning Crusade came out, I was full tilt into the AH. And what I found was that I could make more gold at the AH in less time than any other method. And not just a little more gold – a LOT more. I could scan the AH for under-priced stuff other people had farmed (copper, cloth, twinkitems) and then just re-list it for a profit and never leave IF.
And that is why I never farm – ever. There is always someone else out there willing to waste hours and hours and hours and hours and hours of their time and sell those farmed mats to me for under market price – it’s the silliest thing I ever heard of. Then, for about 2 minutes worth of work, I can turn right around and sell those mats for market price and make 15%-50% profit.
If I was just doing it with copper and tin it wouldn’t amount to much really. But when you do it for EVERYTHING – it turns into a lot of gold really fast. But I have digressed egregiously from our original premise – well, sort of.
When you begin operating an AH-only methodology, you get a really good feel for how the market moves. And you don’t have to be anal retentive to sense things. Today we’ll look at just one timing tip that can make a big difference in how fast you make gold on one type of crafted item – and time is everything.
A few days back we posted the article: Best Gold-Making Professions On Bank Alts, which was a follow-on from the article: Alchemy – WoW Quest Tricks. Both of those articles bring us to the real point. If you’re going to use a bank alt for crafting professions (which you should) there are some professions that fit bank alts better than others. Alchemy is a great fit for a bank alt.
If you’re going to use alchemy on a bank alt, you need to be an elixir master for the procs of extra elixirs and especially flasks. Since you’re getting the mastery for flasks, you will want to be selling those flasks for maximum profit – and now we come to the point.
As you scan the AH for things to sell throughout the week, the temptation is to just post them as you get them. For certain categories, that works well – such as mats. Mats are like a little black dress or blue jeans, always in style in every season and decade or day of the week. We only resell items (armor, weapons etc.) on weekends when the most people are on (especially the nubs who don’t get to play all that often). And there is a best time for other things as well.
For flasks, it’s Tuesday. I know I know, big surprise, but it’s an easy thing to overlook. After server reset, everyone is rushing back into ICC or doing the weekly for their frost badges, or even VoA for the week and the demand for flasks goes from a trickle to a roar. And since there is a huge demand spike on Tues, there is a corresponding price spike potential.
If the raid leader requires you to flask and there are only 10 flasks on the AH (all yours btw) then you will pay whatever the price is or you don’t raid. Pretty simple when you think about it. Buy up all your flask making mats during the week and on the weekends (especially from the farming goobers who are killing time on Sat afternoon). Then on Monday brew up a few dozen of each. Tuesday morning you can throw all your flasks up on the AH (even buying out the other guys selling too cheap), corner the market, and quite easily double whatever you spent on mats.
So:
- Get you a DK
- level to 68
- get elixir mastery
- buy up flask mats during the week
- make flasks on Monday
- buy out cheap flasks Tues
- sell all flasks Tues
- make another 1,000g a week
- Dominate
It’s when you start stacking things like this that you really start to get rich in WoW. Find a sweet spot for alchemy, Inscription, JC, DE, resale, mats and whatever else you can get your grubby little enterprising hands on and pretty soon you will never want (or need) to pick another weed, kill another mob or swing another pick as long as you play WoW. And, you’ll have a LOT more gold to boot, which is quite simply – Dominating.