JMTC Blogging Carnival - What's Your Cataclysm Gold Strategy?- Passive Income

With Cata about to hit there are a few things you need to think about short term gold and long term gold .

So I am going to give you my tips for Gold both short term and then long term in cata

Short term 
- Gathering 
- AH
- Don't buy until the market settles 
- Questing


Long term
- Weekly amounts 
- Old word vendors
- Crafting 
- Patch notes 


So lets look at the short term - 
All markets work on supply and demand virtual or real once Cata goes live then people will be wanting new gear and the best items in game . As a lot of the new dungeons have gear caps there will be a rush to get better gear to access these dungeons.

Gathering 
I am sure you have read on the other blogs and I agree there will be massive demand for the fist few months for Herbs,ors and cloth .If you mine or gather herbs then you can make alot of gold into the first few hours and days of launch .You will need 310 flying and for maximum profit get it to market first and set the price .

Auction house 
Alot of markets are in free fall at the moment so now is a good time to buy and get ready for to resell once the market settles after cata . Read the blogs on offer and look at sensible investments i would recommend
- Pets
- Saronite ( under 12.5g a stack of ore)
- Levelling mats ( watch ore due to the new changes )


Don't Buy until the market settles 
So you want the best gear you can get and its appeared on the AH , wait the market will be overinflated for at least the first month . Crafters will see this and soon there will be more on the market at lesser prices as the competition catch up .

Questing 
Well here is a interesting one . From what i have read it will take about 35-38 hours of questing to level up in Cata . Questing is also mean to make about 500g a hour ( i could be wrong here ) But according to the sums the average player will have about 19k gold from levelling to 85 .



Long Term 
Long term gold making is about having weekly gold that is easy to get by a few minutes work .

Weekly Amounts 
One key to gold making or keeping that gold stream flowing its about having a good amount of stock f the items yo are selling . If your a crafter make sure that you have your chosen items made and on the AH . OF have been rounds the vendors and get all the recipes ?


Old world vendors 
I am currently doing a bloging series about old world vendors most vendors recipes sell for under 1 gold and the surprising thing is most of these then sell on the auction house for 10-100g depending on your server . So spend some time visiting the new old word and pick up the recipes on the way you will be surprised what sells and for how much . Also don't forget to go grab some pets as they sell great on both your faction and the neutral auction house.


Crafting - 
In Wotlk We have Titansteel transmutes and different types of cloth , remember to use the new ones in Cata there always worth selling and it makes a nice steady income .

Patch notes 
Ok this is a big one if a patch is coming how ever small read them . Also on patch Day check JMTC forums and IRC . I know i made 2k off selling diviant delight recipes as i was on the forums and IRC watching things as they happened .

Keep Reading
Blogs and Forums are an amazing resource , if your keeping up to date then you are being given great gold making tips and I know i will be keeping up with all of the blogs come cata to see if i have missed anything or can try out a new gold making idea

Vendors Of Eastern Kingdoms Part 1

So here is the first part of Eastern kingdoms 


I am sure there are vendors that I have missed but I hope this helps ,part 2 will follow Shortly

Booty Bay 
Narkk - 
Parrot Cage (sengal)
Parrate Cage (Cockatiel)
PAttern: Black Swishbucklers Shirt

Kelsey Yance 
Recipie : Smoked Sagefish
REcipie :Sagefish Delight
Recipie: Gian Clam Scorcho
Recipie :Rocksacle cod
Recipie :mithral Head Trout
Recipie :Mightfish Steak
REcipe:cooked Glossy Mightfish
Recipi Filet of Redgill
Recipie : hot Smoked Bass

Kizz Bluntstrike 
2 Green ITems

Mazk Snipeshot
Schematic :Accurate Scope

Zarena Cromwind
1 green item
Palns Moonsteel Broadsword

Crazk Sparks 
Schematic :Green Fireworks
Also Red fireworks rocket

Fargon Mortalak
1 green Item

Xiak GoodStich
Pattern Enchanters Cowl
Pattern Crimson Silk Cloak

Blixrez Goodstich 
Pattern : Murloc Scale Bracers
Pattern: Thick Murloc Armor

Qizdi Goodstich 
Has a few nice Rp items and
Noble's Elementium Signet for 2160g


Glyx Brewright
REcipie Frost Protection potion
Recipie Nature Protection potion

Wildshore 
Cowarly Cosby - Admirals Hat

Rebel Camp  
- Corporal Bluth 
Recipe: jungle Stew
Recipie :Roast Raptor

Darkshire - 
Morg Gnarltree 2 Green items

kzixx - 
Different green and
Recipe :Holy Protection potion
Schemtic :Goblin Jumper Cables

Lakeshire 
Amy Davenport - 
Pattern :black Whelp tunic
Pattern Red wollen bag

Vernon Hale 
Strong Fishing Pole

Gloria Femmel 
Recipe : sagefish Delight
Recipie Smoked Sagefish

Kara Adams 
3 Green item

Clyde Ranthal 
Pattern :Black Whelp Cloak

Wetlands 
Stuart Fleming 
Recipe :rainbow Fin Albacore
Recipe:Rockscale Cod
Recipe :Mithril Head Trout

Jennabink Powerseam 
5 green items
Pattern :red wollen bag

Brak Durnad 
2 green Items

Naela Trance
1 Green

Neal Allen 
Design :pendant of the Agate Shield

Arathi Highlands 
Hammon Karwn 
Pattern :Barbaric Leggings
Design : Desiign Ruby Crown of Restoration
Recipe :roast Raptor

Narji Deepslice
Recipe :barbcued Buzzard wing

Day 3 Auction House Conversion Project - Patch 4.0.3.a Steady Rolling

So Day 3  - Its snowing here in London ! So a little distracted today

So how is the project going .

Well We are a week to cata now so the Markets are in free fall and making a profit is still possible but there is no stability .

At the moment after yesterday epic fail I am running about 300g in profit so its not bad .

Abysall shatter is working great people keep dumping abyss crystals on the market under 10 g evn got 10 at 5g each !

Eternal earth has seem to dry up now on the market but i am going to keep watching it .


So its a small update for this project today but i have almost finished touring Eastern Kingdoms and should have the  vendors up shortly


Zoxy

Day 2 Auction House Conversion Project - Epic Fail !

The Fail -

Well the good news is that s it my gold and not yours ....

So I tried the cloth conversion idea and have to say its not good i spend 300g on netherweave, silk, runecloth and mageweave and then spent about 30g on vendor mates . So i then made various items and then disenchanted . so once i had these i then isted the mats on the AH .

So I spent about 330g on mats and when i listed the results on the AH i had 85g in auctions .

So the cloth conversion is fail . and I lost a few hundred gold . Stick with the bags . The other point here is  that to do the making and converting it took about a hour so this is a a - 200g a hour idea . So cloth is best just sold from what I can find unless you have a specific need for it .

The Win - 
So there was some win after my fail . Abyss crystals and Eternal Earth have been doing really well to convert and sell as Infinite dust and Essences .

So I would recommend looking for these as stated in day one .


Next plan -
Have a possible look at Blacksmithing as i have a low level BS. Or mabey converting up different enchanting mats .

- Frozen orbs - I will be looking at the cost of eternals and possibly of exchangeable them for eternals and selling them

- Heavy Borean Leather 0 I will be looking at exchanging these for Arctic Fur


Well if any one has any other ideas for converting let me know
Have you actually made a profit with Tailoring to DE ?

Zoxy

Day 1 Auction House Conversion Project - Patch 4.0.3.a

 Day 1 Auction House Conversion Project - Patch 4.0.3.a

So while I get a second account sorted and prepare for cross faction trading i wanted to try out another idea .

There was a thread on the consortium about is AH PVP dead ?  This thread stated me thinking about the traditional ways of playing the auction house do they still work ? Has gold making moved onto a new phase ?

So if traditional PVP is dead on the AH its now about being clever and spotting those loops and things like the saronite shuffle that will now make the money .

So here is the idea and what i have to do it with

The Idea : 
Looking at what items I can convert to make more gold . So i am not talking about crafting and making but more crafting to DE items and selling the Materials .

So what do I have available to me ?
Enchanter 450
Tailor 40
Jeweller  450

So I am going to roll a new alt and send him some bags ( mooncloth ) and also 1000g and then I will blog about this for the next 7 days and show you all the results .

The First Steps 
So at the Moment here is my plan
- Buy all abyss crystals under 10g
- Buy all Eternal Earth under 3g

I will then do Abyssal Shatter on the Crystals and i will turn the Earth's into Stoneguard Bands and DE them .

So i know that these will make a profit so i took  just over 500g and spent on this and then once the DEing was done listed them back on the auction house and when they sell i should make a 500g profit .

What will i look into later ?
Well as people are leveling new alts a massive amount of cloth gets dumped on the market i know i have been making netherhweave bags buts is there something better I can do with that cloth ?

So I will invest 50g into the different cloth types and see what the results are . If anyone has a any guidance here of what recipes any tips would be great  .

Well i will write another update on this tomorrow and see how its going

Zoxy

Patch 4.0.3a Tips and Warnings - Vendor Bags

So my main is a a tailor and I normally make a good amount of gold making Profession Bags . But it recenly cam to my attention that there is a new vendor in Stormwind selling 20 slot profession bags

Dawn Radue IS the vendor and the prices are shown above .

So I am wondering will this vendor now cap the price of these bags ?How many people actually know about this vendor and can we flip these bags for profit ?

With this and also now the faction bags are we going to see a large impact on Netherweave bags and also crafting bags ?

My  advice is be careful of what bags your crafting as they might not sell due to these changes .


Have these bags effected your sales ?
Did you know about them ?

Leave me a comment and let me know

Zoxy

Guest Post - for Just another Goblin - Have you left your pets behind ?

So one thing i like to do is collect pets on my main . But as Cata is coming out who are the pets that are being left behind in the Outlands and Northrend and how can you make gold with them ?

http://justanothergoblin.com/?p=300


So pop over and have a look at a great Blog

Zoxy

Patch 4.0.3a Tips and Warnings Day 2

So Now as the dust is settling and people are exploring new content what's happening on your AH and What should you avoid ? 




World Drops - 
This could have a large impact here I talked about [Recipe: Savory Deviate Delight] the drop rate has massively increased i spend about 1 hour in the Barrons farming and had a total of 4 drop for me . 


I managed to sell 2 of these off for 1k each but I don't expect to be so lucky with the other 2 . 


So in my personal experience the drop rate has changed and we will be seeing lots more on the market as people level through the zone . 


With this in mind there also seems to be other rare recipes that have now had there drop rate increased so my advice here is be very careful in what you try to flip as it may have just had its drop rate increased .


Ore and Stone - 
Are you aware that blizzard has changed there seeding of zones ? 
Do you know what are now the rare ores and one that will be flooding the Auction house soon ? 


This information was taken form http://kaliope.crafterstome.com which is a great blog for all your crafting information . Here is a gathering Chart that was compiled in  Beta so it may change but the big things it is saying is Mithril is a lot easier to get as its now a normal seed in some zones . So before you buy up the Auction house to resell remember that the zones have been reseeded . 




So now for some tips - 
At the moment a few things are happening , people are returning to the game , people are trying out the new content and getting achievements and people not reading patch notes . So what can you do to make gold from this ? 


Well as people run the old world instances again ( deadmines is great fun now ) a few things will be happening to the market , the supply of low level mats will increase meaning that items like wool and copper should be hitting the market . So keep a eye out for these ready for winter veil . 




Abysall Shatter and frozen orbs 
On my Server people are now starting to dump stuff they have been saving on to the AH but also people are stockpiling to get ready for leveling again . 


So i have been buying any abyss crystal for 10g or under and breaking it down and selling the mats and making great profit form these . 


Frozen orbs - This market was always capped by the eternal market so my tip here is if you are making items such as bags to sell or will need externals for items come Cata buy some as people are dumping them cheap 




Well off round Eastern kingdoms for me and seeing what new vendors i can find . 


Anyone got any other tips or warnings? 


Zoxy 

Patch 4.0.3a Vendors of Kalimor

This Post is part one of my Vendor series

The aim is to identify all the various vendors that sell limited  recipes and recipes that are great for resale.

So with the Shattering Complete who is still about and who has gone?

So today I have been about and here it the list of who is selling what , from what i can see not many vendors have Gone and I am sure I have missed some .

I am Alliance so I have only been able to do Neutral and Alliance vendors


Gadgetazn 

Kinkle Good Steel -  - Golden scale Coif

Haughty Modiste - Haliscan jacket and Pants  also dress shoes

Blizrik Buck shot- Schematic EZ thro Dynmate II

Vizzkilck - sells soul pouch and pattern crimision silk robes

Alchemist Pestlezugg -  Tramute iron to gold  Transmute arcanite and Philosphers stone and Mithral to truesilver

Dirge QuickCleave - Tender wolf Steak



Silithis 

Mishta - still sell rep recipies and Degsin Emerald Crown


Feathermoon 

Lognass - Recipie Ghost Dye , Recipe Nature protection

Vivianna  - Recipe Mightfish Steak , Hot wolf ribs , Baked Salmon, Lobster Stew


Desolace

 - Janet Hommers  - Mastery Stew and Heavy Kodo Stew

Ratchet

Ranik  -Pattern: Blue lined robe ,REcipie :Potion Rage,Recipie: Wikced moonstone ring

Gasprocket - Schemitic:Minor Recombulator and Schemitic:Green Firework

Vexspindle 3 different Bracers

Grazlix - 1 cloak and a shield



Ashenvale

Dalria  - Wicked moonstone ring  enchant cloak minor agality  Enchant bracer lesser strength

Harlown Darkweave - still there but in chains ?

Winterspring - 

Qia- Design Necklace of the Diamond tower and mooncloth

Xizzer Fizzbolt - Gyrofree ice Relector
Powerful Seaforium charge
Masterwork target dunny
Fused Wiring
Delicate Arcanite Converter

Thousand needles

 - Jinky Twizzlefixxit ? nothing on here but worth checking  - on the speed barge

MoonGlade

Lorlaee Wintersong  - Formula Runed Arcanite Rod and Enchant Cloak Superior Defence

Narianna - Sylvan Shortbow ( item )

Geenia Shushadow - Limited item - Red Traditional Ghanbok

So I hope this help and please let me know if i have missed any and tomorrow I will head out to eastern kingdoms and see what's there .

Zoxy  

Please let me know if you find this series useful any feedback is gratefully received 

Patch 4.0.3a Tips and Warnings

So the servers have been up for a few hours now for Europe and longer for the US and  so far and already some interesting Developments .

If you haven't heard the portals are gone from Dalaran and Shattarath but there are now Auction houses

See on Follow the gold Road

New At Vendors -  
Vanishing Dust is still sold at vendors
Enchanting Vellum is now sold At vendors

Odd Drops ? 
[Recipe: Savory Deviate Delight] is there something up with this ? 


I farmed 50 mobs in the north barons and managed to get one drop was this just luck ? Also there are people on different servers seeing this on there auctions houses for cheap .


Have you found a vendor ? 




Vendors - 
I am currently running around looking for the old and new vendors and seeing what they are selling i will hopefully get a post later letting people know my finding




I am sure there are many more changes have you spotted something? Have you found Timmy in SW? 


Thanks
Zoxy 

Getting ready for Cata with Dense Stones and the Darkmoon Fair

This Post originally was a Forum thread on the Consortium Posted by Duck 

Getting ready for Cata with Dense Stones and the Darkmoon Fair

Im sure this makes alot of people go "ummmm sure". Well here is the deal. Once a month we have the awsome Darkmoon Fair visit our servers and for the most part not many people care about it anymore unless they need to turn in DMF cards. With Cata comming up shortly all the new Goblins and Worgens that will be running around this will become even more profitable.



What you are going to be doing

1.Pick up all the cheap [Dense Stone] you can. I am picking up all I can
under 1 gold per stack.

2.Convert all of those dense stones to [Dense Grinding Stone]. Need a
blacksmither with at least 250 skill

3.Head to the fair and go talk to Kerri Hicks. She gives you the quest for
[Rituals Of Strength]. Which asks you to turn in 8 [Dense Grinding Stone] for 20
[Darkmoon Faire Prize Ticket]. As a side bonus this gives rep a little
into friendly.

4.This is where you decide how you want to gamble with your Tickets.


[Minor Darkmoon Prize] is 5 Tickets.
Notable items
[Razor's Edge]
[Feet of the Lynx]
[Ranger Bow]
[Blackfang]
[Rakzur Club]
[Sentry Cloak]


[Lesser Darkmoon Prize] is 12 Tickets
Notable Items
[Plans: Mithril Shield Spike]
[Pattern: Guardian Belt]
[Schematic: Craftsman's Monocle]
[Pattern: Comfortable Leather Hat]
[Midnight Mace]
[Black Duskwood Staff]


[Greater Darkmoon Prize] is 40 Tickets
Notable Items
[Pattern: Mooncloth Leggings]
[Schematic: Sniper Scope]
[Plans: Radiant Belt]
[Plans: Dawnbringer Shoulders]
[Six Demon Bag]

You average 50 [Darkmoon Faire Prize Ticket] per stack. You are going to end up with a bunch of greens that the new Goblins and Worgens will like, bunch of low level enchanting Mats, some nice blues and maybe a few really nice patterns.

I suck at writing so please forgive my lack of skill. I have been wanting to contribute something for a long time and finally bit the bullet.

Edit!!!!!! I totally forgot to mention that you need to check out Lhara. She is a vendor who sells some really nice trade goods. Last month I picked up a bunch of Arctic Furs and Frost lotus. She also has Leathers, Motes and herbs of all levels as well. There is normally only like 2 or 3 of each item but its worth checking. Im guessing she will stock Cata stuff sometime.

Thanks for the great tip I am going to start stocking up on this now 


Zoxy 

It's Coming

So as Cata is Even closer the world will soon be affected by the shattering .

What aim i doing first and What will I blog about ?

- Well first off i will be doing a world tour and Locating all those vendors that have
- I then have 2 guest blogs to write
- Then onto a new series on Cross faction trading


The Main tip to leave you with - 

Is are you ready for Winter Viel ?

If not or wondering what you need to do have a look here on Just My Two Copper 

Well will I look forward to my new trial and if they are any other gold theories you want me to try out let me know and I will put them to the test

Zoxy

Day - 7 Auctioneer resale complete - Great Results !

The Results are in !

So that's it for this test 7 days working with just the resale and manual searches .


The Finial Stats 


Gold 1261g
Stock on AH 6810g

Stock in guild bank 3 tabs full and bank

Summary of the week 


Well to be honest I have done much better then I have expected i would . I have had some really nice flips and generally really strong sales all week on what I have been buying .So as I have said earlier on in  the week I have been spending between a hour to a hour and a half doing this .


So what next ? 
Well now I have proven that resale works I need something new to test out and hoping to look at cross faction trading . But i will keep up a weekly post on this bank alt and see how we are doing . 


Lessons Learned 
- Start small ( low value high turn over )
- Buy late or early ( my best buys have been 1st thing in the morning or late at night )
- Recipes - ( one  of the best for flipping )
- Trade Good - ( a safe investment )
- Watch for odd market data ( has someone listed it at 99999g for a few week to push up the price ?)

So overall anyone can do this all you need is a bit of common sense and a basic understanding of your market.

Look out for my follow up on this series where I will go into more detail on what exactly i was doing and how . So Thanks for reading and please leave a comment and any feedback about this series on Auctioneer Resale


Thanks
Zoxy

Favourite Blogs of the Week

Well the Blog has been going for about a week now and i wanted to share some of my favourite posts from other blogs .


First one to mention is a happy birthday to JMTC
http://www.justmytwocopper.org/2010/11/happy-b-day-jmtc-cataclysm-gold-awaits.html

As we have Pilgrims Bounty Starting tomorrow here are some of the best i have read

http://missmediocre.com/?p=1036

She writes a excellent guide and overall I really enjoy reading here blog as some really great recent posts on there as well .

http://coldsgoldfactory.blogspot.com/2010/11/tracker-snacks-for-turkinator.html

Cold has a great little tip here if your a cook something that I totally missed.


Other Great blog's this week

http://kammlerskorner.blogspot.com/2010/11/rakem-up-setting-new-standards.html

When was your last Random act of kindness ingame ?

http://www.thevayaz.com

This is a great and really well written and informative blog really detailed and if you have read it yet its well worth a look .

Well that's my favourites this week all i need now is a new gold tip to try out , so if you either have a tip or you have spotted a blog or forum post that you want me to try out then let em know and i will try it out

Zoxy

Day 6 - Saturday - 1 day to go

The Stats 

Gold 1335
Stock 5676g

Stock not on AH  - i now have 1 full guild tab of mats

So overall a good day .

So I find after a week that this proves by just working with the resale function of auctioneer you can make a profit .

Today's Tips 
- Look for auctions with no buyout
- When buying think can i use this for me or levelling a alt ?

So the plan for today is to do a couple of scans and then look to stock up on trade good late in the evening when people dump there stock.

Its been a very interesting week so far and has really opened my eyes to how simple it can be to make gold by spending a small time in the auction house .

How much time am i actually putting in ? 
Well i normally log on and then do  scan while I grab a coffee , then when I am back run through the scan results and place my bids and buyouts , relist any items i have won and auctions that have expired . that normally takes about 20 minutes to half a hour . Then i will do a quick manual search on the AH looking at what has just been listed ( sorting by time left ) , then after that a quick search for low priced items ( sort by lowest to highest ).

So i am doing this twice a day at the moment so  i suppose it is taking anywhere between 1 hour to 1 hour and 30 minutes a day .

Well tomorrow will be the last day of this series and I will be testing out another gold making theory

Pleas leave a comment and let me know if this series has helped

Zoxy

Day 5 - Friday - Woops !

Day 5 - Friday

The Stats

Gold 964g
Stock 5860g

So Friday almost the weekend and overall this experiment has gone really well , once this is over i am going to carry on with this but just blog weekly updates and see how far i can take this . But will be looking for a new gold making tip to try out .


The Woops ! - Dangers of the resale search . 

So on all auction houses we all see items listed for crazy buyouts but why ?

- For that player that makes a mistake
- When a addon lists a item wrong
- To manipulate  auction data

So how does this effect us ?
Very simply this makes items seems more then they are worth and when work with auctioneer that bargain buy might actually be a pile of junk or even not worth the price you pay . So i suppose the question is how do i avoid this ?

- Check wow head see the comments and drop rate
- Check the underminer journal

After checking these it will give you a good indication of average prices and also is it worth buying or not.

Well i didn't do that and have brought a item called Wall of the Dead for 400g thinking it was another shield i was a very big investment for my budget and was a mistake i just need to try and get rid of it now without making loss.

Today's lessons - 
The main thing that i have learnt is work with safe items Kammler made a very good suggestion yesterday about working with only 10-15 items and having your buy and sell values set.With this you can stock up while the market is low and then relist when its high working with supply and demand .


The other main lesson is know your market if your going to try and resell high value items  make sure you know what you are flipping .




So overall a ok day with a couple of mistakes to learn from I made a good resale with books of glyph mastery from 20g to 50g and some other trade good as well , but trade good seem to be the key they sell and people will always need them .


So what are your favourite items to resell ? 
Have you been caught out when using resell or did you buy the wrong item to flip ? 


Look forward to the comments 
Zoxy 








-

Day 4 - Weekend Prep

Day 4 Weekend Prep 

So first off the Stats
Gold 615g
Stock 5513g

So it was another good day for me today stock holding has gone up by another 1500g and my cash reserves are staying around the 600g mark.

Problems? 
Well one thing i can say is i am having trouble spending all my gold . This is a bit weird but i am bidding all all items worth under 1g and then selecting what other items to bid on .So i am not sure here if i should try spending more and increase my stock holding or just keep with what i am doing .


Plan for the weekend.
We even though the weekend is traditionally a buyers market if your items are listed cheapest then they will sell .So the aim today is the try and shift lots of stock and then invest in a large volume of low value items ready to sell at the weekend .

Great buys so far 
Abyss Crystals - Managed to buy 20 of these at 8 g each and then resold for 11 g
Eternal Life - Once again 8 gold each and resold for 12g

So i would suggest look at the market on things newly listed and see if anyone is dumping there stock .

Working with Flippers ? 
Well if your new to this then flipping a item is when you buy a item cheap and relist it for more .

So the question here is very simply how quick do you want a return on your gold and do you want the maximum return ? If you have a large stack of gold and you are happy to wait a week or more then you can get the price you want or if you just want to make quick buck and get the gold then this is a good strategy too .

So i am going to try this and see if i can shift some of my stock by selling below themarket price and make it attractive enough for a reseller to buy it

So hopefully i win lots more bids today and get closer to the 10k in stock level by the end of the week

Please leave a comment -
Am i missing out on something i am not doing ?
Is there a normal trade item i should try flipping ?

Zoxy

Day 3 - Maintenance Day

So Day 3 - Maintenance

The Stats 

Cash 617g
Stock 4011g

So i tried to get in as many bids in before server maintenance and it seems to do the trick i have managed to increase my stock by another 1000g while also dropping the price of Recipe: Major Rejuvenation Potion by 500g  : Major Rejuvenation Potion 

More things i am noticing 
Glyphs - People sell these way under value so a good item to look at
Recipes - once again a good item to resell and if you get lucky you will get a great flip
Trade Goods - Watch out for non sellers that appear to be priced really cheap

Warning - 
When you  relist using Auctioneer -
Be careful to check how much you sold it for i have a couple of times listed things for cheaper then i paid for them .

So why does this happen if someone else has either listed a item then or as a bid without a buyout way under then when try and undercut it becomes much cheaper.

So when listing you items have a look at the following points 
- How many of the items are there
- Does this items sell in massive volumes
- Will splitting the stacks work
- can i just buyout and relist ?


Overall i think its going really well really pleased with my stock increasing and have  a couple of lucky items off the resale list . So it seems if I carry on the way i am going  i will be able to increase stock by 1000g a day . My only concerns are have i been buying the incorrect items and will my items sell ?

But we will see what happens to the auctions , i suppose with Cata just around the corner its a interesting time to sell but building a good stock level up is important at this point then later in the week hope to get that cash level up

Zoxy

Day 2 - Auctioneer Resale

Well Day two :  Tuesday

So the stats( After emptying mail ):
Cash : 679 g
Stock on market 3048g

Ok so its going well so far better then i expected i am a clear 600g profit so far . Two things that are increasing my stock value Recipe : Major Rejuvenation Potion and Pattern : White bandit mask  ,they are adding about 2k to my stock value .

Things i have noticed - 
- Buy things late Eg : i am on a EU server so i try bidding just before you go to bed Between 11-1am
- Snatch while the events are on - With the events happening people are doing them rather then playing in the AH
- I keep getting out bid- i think about 50% of the bids i am placing are getting outbid

Best Strategy so far 
Well i am running a scan twice a day at the moment and then bidding via the scan , but i am also doing a manual search and filtering the data two ways

Time remaining - 
So the reason i am looking at this is for two reasons , first is that by sorting of by time you can see the what has just been listed on the AH and what is just about to expire . I suggest bidding on items with low bis on the auctions with a very short time left and look at buying out auctions that have been just listed to resell.

Tip - When you find a good deal look at the seller and look to see if there are more auctions from that seller as most likely they are unloading cheap stock 

Lowest to highest - 
The Reason i sorting is very simple really sometimes things will get listed incorrectly or for really low bids so i place bids or buyout items with good resale value .

So another good day and i am really starting to see how this can work really well and without a lot of time put involved . I am now just hoping my rare recipes sell and i win some more of the bids that i have been placing .

Will update again tomorrow and see how it going

Zoxy

Auctioneer - Resale Does it really work ?

So i was just reading over on Just my two copper

Auctioneer Review : Easy Gold

So i decided i would try it out,can you  really make thousands of gold just off the AH and just using Auctioneer ?

What i have to start with 

A Level 1 Mage

Starting gold 1000

Guild bank with 2 slots 

Addons - 

Postal 

Auctioneer 

Auction Profit master 

Bank Stack 

The Rules : 

- No Trading in Chat or via trade windows 

- No crafting 

- Can only use Resale search or manual AH searches 

The Start . 

Well it was a good start i spent 500 of my 1000g and when i re listed back on the AH i had a total of 843g in sales this was mainly due the the fact i got a Pattern White Bandit Mask really helped as they normally sell for about 400g on my server . 

So next morning i logged on and i had won a good bunch of auctions with very low buyouts my suggestion here is sort the resale list by bids and bid on most items that are under 1g bid .

Day 1 

Well here we are today i have re listed my won auctions and placed bids on the next batch of items . 

Current Cash 502g 

Auction Profit 1165 /Buyout 1434 

Well day 1 was much better then i had expected potentially  600+ gold up and still 500g i cant decide what to spend it on . 

So i was surprised that it really works and i am using just the very simple tools to make gold . With regards to the bidding for items i am not bidding for everything i see when they cost more then a gold . I am bidding on trade goods mainly or items i believe will sell . 

Well i will update this daily for the next 7 days and hopefully will make a nice amount of gold from it .

Zoxy 

Bags Bags and more Bags

Bags Bags and more Bags 

So i was reading Colds gold blog:

How To Make Gold In Cataclysm: New Characters

I read about Bags and  that i should try Netherweave bags but i though everyone is doing that and the market will be saturated , well i managed to get stacks of Netherweave cloth off the AH for under 2 gold a stack which gave me a lot of room to play if  a price war was going to happen as they were selling at 6g each  .So far today I have managed to sell about 20 at about each so making a clear 4 g profit . 

So i carried on reading and i've been looking at profession bags for Enchanting and Herbs . So with that i looked at my bank and could make 2  Mysterious bags and put them on the AH for 400g each and as i was raiding ICC on my main i couldn't check what had sold but great news was two of these bags . 

So a great bit of advice and heads up from cold and as these bags only ocst me 150 to make at the moment i am making a good profit on them .

So my plan here is keep making them and also look at other professions and work with some other craters to make bags for me .

So thanks to Colds common sense and it great to see tips working .

Zoxy

The On-line Wealth of info

So i was all set and started trading with my addons all setup .

So as i didn't have much background knowledge of the wow market place and still needed to watch the market i started reading various gold blogs

I am sure people over on the consortium forums have read them but if not i suggest having a look .

But i would suggest if you have have a look at the following blogs 

http://www.justmytwocopper.org

http://gnomishcoin.blogspot.com

http://coldsgoldfactory.blogspot.com

I am sure there are loads more out there still to discover as well. 

But the big lesson here is read there is so much inflammation out there and hopefully in time i will be able to pass on some of mine own info from what i have learnt as well 

Zoxy

Starting To Trade

So Where have i started ? 


First thing was the bank alt , nice and simple i leveled a character up to level 10 and parked it at the Auction house . I was also lucky to buy myself a 4 slot guild bank for 1 k so i had room to store all my extra stock .

So the first few things i did . Check my bags on my two Lvl 80s and send over some cash i have about 3k in gold and a few thousands worth of gold in random mats and odds and sods . So these were all sent to the bank alt and posted on the market.

Now at this point i started looking at easy ways to get items to sell, my main two money earners were the following .

Pets : Cats ( Stomwind) Moths( exodar) Owls (darnassus)
Recipes : so many to list but any that have a limited supply recipe is what to look for .

With both of these putting them on the Neutral AH will allow good profits as people are looking for rare pets they cant get on horde site . They retail for under  1 gold and normally sell between 7-10g on my server .The recipes are once again a good investment and see anything from a few gold up to 50g

So also i had decided on a budget of 2k to plow into the market to do basic reselling .

The Auction house 
Well the simple rule of trade is buy low and sell high but in the beginning it making sure that you have rolling funds and that the items you have brought are selling .

So first of all i installed auctioneer and did a scan and looked at the vendor search and yes it true people post items under vendor cost so i bought those out and sold off to the vendor.

Next it was onto the resale and then i bought quite blindly items to resell , Ok so this was a bit of  a bad idea  having no idea of the market or what sells and how well i have found myself with some dead stock .

So at the start i had about 4k of goods now on the AH and about 1k left in cash .

So it was this point i started reading the web and my ideas started to change of the ways to make the gold .

Zoxy

The Start to the Blog

Well so these things have to start some where

So what's this Blog about ?
Well i have recently started playing world of warcraft again and as i used to play a game called eve online and while playing eve i did a large amount of trading , so i decided it was about time that i started to trade in Wow.

So this will be my journey trading on wow and seeing how much gold i can make along the way .

So who am i ?
Well in RL i am a farther of 4 and heading to the 30 years mark sooner rather then later so i enjoy spend time with my family and playing on line games .

Zoxy