World of Warcraft Gold Tip #2 – 7 Days to Riches

If you’ve been keeping track of my Sparter earnings for September you’ve probably noticed that it hasn’t moved last month. Like I mentioned in before that the average price per 1000g was down to $50. I’m just playing it like a stock market, and waiting for the prices to go back up. If you want to see Warcraft gold price trends Sparter has a very nice stock market like gold trend graph. Hopefully the prices go back up sometime soon so I can cash in some more.

As I wait for the prices to go back up again here’s another gold making freebie. Rightfully dubbed ‘Time is of the Essence’. This tip is for people who use the auction house a lot.

If you haven’t already noticed, real life coincides greatly with what happens in the game. If you’ve participated in raids then you have felt the crunch of school/work then go home raid/sleep. People who watch the auction carefully also pick up on patterns in the market, and I’ll break it down into the seven days of the week. The World of Warcraft week starts on Tuesday also known as the reset or patch day.

Tuesday – Raid Instance Reset, Patch Day, PVP Arena Armor

This is one of the bigger auction house days for me as a jewel crafter. The PVP players get their nice brand new PVP gear that they earned from arena points today, which means they’ll need nice shiny +12 stam gems @ 50-60g a pop. Other items that sell well is Enchanting & Enchanting materials. Check the Auction House (AH) for good deals before today (even buy it out Monday), and sell it to people who need them on Tuesday. Raiders also go into instances on this day getting new armors as well. Over all this is a good day for the following professions:

  1. Jewelcrafters – New armor means new gems they need to socket with
  2. Enchanters – New armor/weapons means they’ll need enchants
  3. Leatherworkers – people want Cobrahide Leg Armor or Clefthide Leg Armor and the materials to make them
  4. Alchemists – last minute raid consumables sell well, as well as end of the night restocking
  5. Tailors – Mystic Spellthread and Silver Spellthread and the materials for them sell well
  6. Herbalists – Herbs for the better selling consumables will sell. Look up materials for health/mana potions, Major Agility Elixirs, and Flasks to narrow down what to gather.
  7. Engineer – Used to do well for repair bots… Not since Burning Crusade though.

Wednesday – Raid Day #2

There’s no significant day about this one except that many guilds will have a second raid day on Wednesdays. Also a few stragglers will pick up their pvp gear today. The above items sell sell okay, but not as much as Tuesday.

Thursday – Raid Day #3 – Auction House items depleted somewhat

Many guilds either skip Thursday to break or continue raiding. Some will break off to do pvp or instances or start farming consumables for raids. What do you do on this day?

Friday – Raid or Get a life day

Friday is the end of the real life work week, and also the end of the school week. You’ll see people you don’t see during the week due to ‘busy life’ etc starting to show up. AH items start off selling at a good price early Friday, but the prices start dropping as more and more people log in to start their play time for the weekend. The player base basically splits into two groups today. The hard core raiders will raid, and the people who want to have some sort of life outside of World of Warcraft will go out.

Saturday – Raid or Get a life day 2 – Farmers Galore – Barren Chat Day 1

Saturday is many people’s day off so you’ll see people struggling to farm gold/materials, run instances, pvp for pvp honor bonuses. Auction house prices tend to dive on Saturday as the supply is pretty good on gathered items. Crafted items, depending on server populations, can do well here. If you have a rare or uncommon profession recipe, and is logged on today you can sometimes monopolize the market. Server is usually crowded all day, and well the annoying Barrens chat fills up the trade channel so that sitting there announcing your wares is kind of moot.

Sunday – Raid Day Commences – Pvp Holiday continues – Big Auction House Day #2

Sunday is my second biggest Auction house day, and I’m not sure why. Here are my speculations though based on what I sell:

Sunday becomes a good day for crafting. For gatherers, there is alot of surplus herbs, and ore today so unless you need the cash I’d wait till later in the week to sell gathered items. Sunday also is a day that many people will start raiding again so you see many people with new raid armor needing enchants/kits/gems.

Monday – Careful of what you put up on AH – Leftover weekend surplus – last minute raid/pvp day

Monday is the day many guilds will try to finish up a raid instance, or people try to put in the 10 games for the pvp arena points. Its relatively quite with alot of surplus supplies from the weekend still flooding the market. Its a good day to buy stuff to resell on Tuesday-Thursday.

I put a big Careful up top for a good reason. Tuesday is sometimes a BIG patch day. What does this mean for Auction House people? Make sure your minimum bids are set higher than normal or to something you can accept as a sell price. If the server goes out for 12 hours, the last person who bid 10g on your 100g item will win it for 10g during the server down time. This is why I stress to be careful on what you put up today.

Long post, but if you want to make money on the Auction House in World of Warcraft, this is one of the more important things to learn early on. As for how I’m doing on my gold? Its been about 13 days since my last post, and I’m at almost 9k gold, hopefully prices go back up so that I don’t have 30k gold sitting in my bank again.

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Flooding the Warcraft Gold Market Some More

Yup, right now if you go to Sparter to buy gold the average price for 1000g on my server is about $50. Sucks for me since I usually get to sell it for more. So now my question is should I sell my gold not or just sit back and stock up until the prices go back up. I’m averaging about 300g/day just logging in for about 20-30 minutes for the days that I DO log in to check my auction house sales. For right now I think I’m just going to wait till the next wave of gold farmers get banned for me to sell my stuff. Yes I know its ironic for me to wait for people to get banned when I’m selling gold which can get me banned from the game eventually. =)

Anyways a week or so ago I said I was going to create a landing page for World of Warcraft gold guide. So far I’ve been getting some hits to it, but no actual sales. I think I’m going to rethink or rework the page or maybe tryout one of the other Clickbank guides to sell if this one doesn’t do well. If I’m really going to make it from gamer to making a living online I need to get the affiliate marketing thing down. So if anyone has got some tips to share with me please feel free to drop me a note.

Back to World of Warcraft though. I guess I can give a freebie on how I make this amount of gold. Currently I’m alt tabbed out of the game waiting for my mail to finish up opening up. In the 12 minutes I’ve been online I have collected 1125g from yesterday’s sales. Nice huh?
You can ignore that earned/hr part since I was only logged in for 12 minutes or so.

Everyday I earn gold via the auction house. My character is a 375 Jewelcrafter with most of the recipes. What I basically buyout the whole auction house of Adamantite Ore to prospect, and then resell the gems (blue and green). Two useful mods that you will probably need is Auctioneer, and CT Mailmod.

Check the prices of all the blue quality gems on the auction house. That way you can figure out what price you need to buy the ore at. (average on my server is 12g for Talasite up to 55g for Star of Elune). On my server this comes out to about 20g/stack of Adamantite ore.

Prospect all the ore that I get, and vendor the dust (I don’t have time to make it into mercurial stuff)

Cut and sell all the gems and list them on the Auction House at cheaper than what everyone else sells it for. Auctioneer will let you put up multiple items with ease and speed. Also it will also calculate the price so you can beat everyone Else’s price on there. Very handy, and otherwise it would be too time consuming to do this method without the mod. Best selling gem is Solid Star or Elune followed by Glowing Nightseye, and Runed Living Ruby.

That’s it, that’s all I do. Thought it was going to be hard? I have a few other tricks up my sleeve to make gold, but this is by far the most efficient for me. Drawback to this is its huge start up cost (around 7k to get 375 JC with all the recipes). As time goes on I’ll post some other ways to make gold easily on the game. Anyways that’s all for now I’ve got gems to cut.

Popularity: 2% [?]

Welcome to My Money News

Blogger sure has improved since the last time I have used it some 5 years ago. I was able to get this thing setup in a few minutes. Originally I was going to link this to my site Money News to try and give it a little more traffic, but I had put the site onto domain parking so I can’t add a subdomain anymore. Just a quick introduction to who I am, and why I’m putting up a blog.

My name is Mitch from the beautiful island of Maui, Hawaii. Born and raised here, and well rather bored since all we got is beaches, oceans, and alot of tourists. I’m a father, a whole sale sales person, and an avid video gamer. I’m starting up this blog as a means to try and stop wasting my time gaming, and start earning some extra cash online. So as the very first thing for me to do to get myself out of a game, that I have been playing for the past 4 odd years I’ve decided to sell my World of Warcraft (WoW) gold.

Playing a game for 4 years lets you amass quite a bit of fortunes. You do hear of people successfully making money even while playing (Forbes Article). Anyways my goal was to liquidate my items in the game. As it happens that very week I decided to do this, Slashdot posted up an article about a player to player site called Sparter where I could sell my gold. The last 2 months have been me slowly liquidating my WoW gold into cold hard cash. So for anyone who says gaming doesn’t pay. You can check out how much I made from it on the side there.

Only downside to Sparter is that they will charge you 10% on each sale you make. However you are able to set your own prices to compensate. You don’t need to spam forums or have to accept a cheap price from one of the many WoW gold sites that only give you half or 1/4 value of what your product is worth. Payment system on sparter is very nice. Sparter will act as an escrow for the 2 players. All buyers must pay ahead of time, and sellers will get their money from sparter once the transactions are done. My preferred payment is paypal, and sparter pays out nightly(24hr after a confirmed delivery) even on weekends.

I’ll be keeping track of my earnings from different things from now on so wish me luck on my project. =)

Popularity: 1% [?]

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