You probably wondered why I haven’t posted about World of Warcraft in a while. The simple truth is that my motivation has been steadily declining with the lack of updates and content. Just do the math, from November ’11 to Sept’12 that is 10 months and fees without new content …
I know people are always doubting if my business model in wow really works. What I am doing it to keep stuff at a high price at the auction house and never undercut anyone. In fact my prices are often 5-8 times higher than normal and people often write me nice mails that I am crazy … but what can I say … it works!
Lately I have been repeatedly asked if I already breached the 2 million total gold acquired mark. As you may know I specialize in overpricing stuff and prefer to sell 1 auction for 100 gold, than 2 for 50 gold. It is not the quick sale I am aiming at, but the lazy, unprepared customer who doesn’t care a lot what he pays for and wants item xy right NOW.
The launch of Cataclysm has given my price model a huge boost, even expensive materials do not seem expensive compared to some of the normal prices we see these days, at least on Ravencrest.
Happy Birthday Achievement System! It has been introduced exactly 2 years ago with the Pre-Wrath of the Lich King Patch. Aside new talents the new Achievements were highly anticipated. Countless achievements, have popped up since then.
A rather interesting feature is the statistics tab under achievements. It is a fine summary on your character’s stats and makes it very easy to track your gold flow.
People know that I made a lot of gold andare curious about the amount of gold I currently have. It is not as easy to say and thus I sum up the grand total once in a while.
It has been a while since the last summary. Concedingly I slacked with auctions, lost mats worth a 100-200k in expired mails on Magtheridon and Ravencrest. In addition there was the Lich King progression, soccer championship, hot summer, etc. Once you get to a point where gold becomes pointless it is becoming increasingly difficult to be motivated to have auctions up, etc 😀
It has been a while since the last report and as you can easily see, I slacked. There is no real use for anymore gold and it doesn’t make much sense to use so much time on the auction house.
I have cut down massively posting glyphs and enchanting mats, sparing me 3000 auctions per 48 hours. On the other hand it means that even doing only minimal AH Business it is merely impossible to not gain masses of gold these days. Often I am even to lazy to relog alts to send materials and rather buy them expensive on the auction house.
It has been a little over 1 year that wotlk and the achievement system came live now. With all the 10 raids instances a week on 2 characters cost a lot of time, the summary is a little late this month, but here is the 2 monthly Total Gold Acquired overview.
I shifted my sales a bit, as you can see from the previous post
Here are the changes since the last post:
As you can see I mainly focused on Daisan and Gregorius for income, basically only enchanting Materials. glyphs are a nice income, but it just takes too much time to put all the glyphs up all the time. Also parking my alts in instances for BRD and Scarlet Monastery summons did not really boost sales. I logged my Myrddin (the orc shaman) on Magtheridon only 3-4 times the past few months, it is really too easy to make gold there.
Even now, with the recent disenchanting changes, there is still lots of profit to make with Infnite Dust and other enchanting materials. The buy cheap, sell expensive tactic is still working like a charm.
As each 2 months it is time for the Total Gold Acquired (tga) summary. I’ll list up the Characters and the niches they are earning gold with.
This one started out as Alternate char to farm old instances (mostly to farm Zul’Gurub for Mounts). For that reason she has “high looted gold” (considering she is a newb Level 80).
Daisan is also selling old enchanting materials (Dream Dust, Illusion Dust, Greater Eternal Essences, Large Brilliant Shards and lower), popular glyphs, cooking recipes and the like.
This char was planned to become what Daisan is now. An alt to farm zg, etc … But I found DK’s realyl unflexible and not fun to play, so I retired her as soon as she hit 80.
Exorial is selling epics, blues, profession recipes, basically everything that costs high ah fees.
Slanty is my Scribe. He is selling nothing but glyphs ( 34.50g bid & 39.50g buyout) and all inks ( 5.25g & 5.75g).
Arcane Dusts and Infinite Dusts are his only business.
As you can easily see Myrddin is my Main Char. With 46000 g looted and more dailies than on the other characters. We used to farm Kazzak, Doomwalker, Magtheridon, Outdoor Dragons, Zul’Gurub, Ahn’Qiraj, Onyxia, Karazhan and the like to get our looted gold up fast.
Finewares was my original sales character. I prefer to have sales on other characters than my main to avoid the whispers of players that want you to sell stuff cheaper, etc. But at one time Finewares just had no more capacity for all the materials. right now he sells only Greater Planar Essences and Greater Cosmic Essences.
Magtheridon seems to be a pretty good sales test environment. High Population PvE, highly PvE advanced Realm. I started this Orc Shaman about 1.5 years ago. Secretly I would like to reroll another Shaman as the old Myrddin gets somewhat old, but I’d never leave Borked Guild, the best Guild in the world! So he ended up as Test Char for crazy AH Tests. I hardly pla yhim anymore though, so there is hardly any profit worth mentioning. He sells everything mentioned above, enchanting materials + glyphs.
Summary: At September 09 I am at roughly 516 441 total gold acquired since the introduction of the achievement system. This is roughly 120 000g more since July. Don’t forget 300 000 auctions posted since 3.0 translate into 100 hours spent alone to retrieve mail in the best possible case, due to the 50 mail per 60 seconds limit.
There are several posts about the strategies used to get this done in the earning gold category. More posts to cover all aspects of my moneymaking will follow as I have time to write things down. I am sure you’ll find some useful advice or some tipps for your own auctions!