Showing posts with label Gold. Show all posts
Showing posts with label Gold. Show all posts

Wednesday, May 16, 2012

Leveling Kits: A Beginner's Guide

I'm just getting into this market myself, and have seen a couple blogs write about it over the years. Time to put my own spin on it!

Profession Leveling Kits. You know they exist and you've seen them barked in Trade chat a few times. A leveling kit is a collection of items that will get one profession from level 1-525. My server hasn't seen much of these over the years, but I was recently asked if I could put one together. There are a few things you should know about this market before you get into it.

It is definitely a niche market. Most people will farm for the mats, buy them out of the AH, or ask friends and guildies for help. The people who mainly use these don't want to spend the time looking for a good guide and getting all the stuff together. I've come up with a few ways of getting the mats together, finding your buyers, and efficient methods for making the sale.

Monday, May 14, 2012

Business Idea: We Sell Your Stuff On The AH

(Picture from here  )

I've recently been working on getting an Ebay Seller's Account. I have lots of friends and family members who have items they want to get rid of, and could use the extra cash. It's not hard to set up, but at the same time it's not so easy either. As I was driving back to my house I noticed a store on the side of the road "We Sell Your Stuff on Ebay!". So it got me thinking.....

If people do it in the Real World, why not do it in WoW!


Thursday, May 10, 2012

Gold Making Discovery! Wowuction.com


I just recently discovered this very powerful website. Thanks go to The Gold Queen for pointing this out! A tutorial made by her can be found here. I am now off to explore Wowuction.com! Good luck and happy gold making!

Flipping Mats: A Beginner's Guide

Flipping items on the Auction House is a very old trick in gold making. Materials have one of the highest turnover rates since every crafting profession uses them! Before diving in on any of the several material markets, it is always good to know some info on what you are selling.

Wednesday, May 9, 2012

Selling Vendor Items: A Beginner's Guide

Vendor items have been gone over many times on other blogs, but I figured it would help to post one of my own. There are multiple items you can buy from vendors that sell well on the AH. It works because people prefer to pay The Lazy Tax instead of finding the vendor that sells the item.

Buying and Selling Guilds



If you read My Gold Downfall then you know my backstory and experience with buying guilds. From the research I've done it seems that people always want to buy extremely low and sell high. The tabs affect the pricing, as does the level. It seems like the Guild level weighs in more than the amount of tabs a Guild has, making it very hard to flip level 1 guilds for a profit. Most of the time people will laugh and sneer at you for trying to make a profit when selling a level 1,  1-6 tab guild. You will most often see people selling these kinds of guilds for a price cheaper than the actual cost to make it.

When you offer to sell a 7 or 8 tab guild, that's when the fun begins. You will be flooded with whispers and probably have a minor panic attack from all the attention! Probably not but you catch my drift.

I learned a way to make a lvl 1, 7 tab Guild. There are only a few areas online that have this information since it is a niche market. Read on to learn how.

Theorycraft: Are Blizzard Store Pets Stronger Than All Others?

With the release of Mists of Pandaria just around the corner, almost everyone's in a tizzy about what many people are calling "Pandokemon". As most of you have read on other blog sites, stockpiling pets is definitely going to be a good gold making strategy with this new companion combat system coming out.

Assuming Blizzard hasn't changed the way they do things, I've come up with a theory.

Tuesday, May 8, 2012

My Gold Downfall

(November 2011-Today)


About a month ago, I started looking for a level 25 guild with 7 or 8 tabs...

Vertical Integration

I have seen multiple posts over the years on many gold blogging sites about this. But what does it mean? I found this quote on Wikipedia: "...Each member of the supply chain produces a different product or (market-specific) service, and the products combine to satisfy a common need." This is one of the main ways I make tons of gold in WoW. How do I do it? Lets find out!

Monday, May 7, 2012

Selling Mats on the AH

The first gold making post I ever did is on the Power Word Gold Hatchery. Here is the link. Feel free to also browse through the content on Powerwordgold.net. There's a lot of interesting and good strategies, tips, and tricks on gold making.

Until next time!

The Lazy Tax

Everyone who wants to make gold normally sells things on the Auction House. It could be anything: Crafted items, Rare Pets, Recipes, Profession Materials, Mounts, Vanity Items, etc. In order for anyone to make profit from any sales, people must pay what I like to call "The Lazy Tax".