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

Thursday, May 10, 2012

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.

Tuesday, May 8, 2012

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".

Sunday, May 6, 2012

Introductions

My name is Kaelq. On my server I am the self-proclaimed "Naked Gnome of Stormwind".
I decided to start a gold blog because of the many people who have thanked me for my gold making advice, and a select few who have suggested it. After mulling it over and over in my head, I decided to take the leap. So forgive me in advance if this first post sounds awkward.

This blog will consist of the many tips and tricks that I have learned over the years (including some that I have come up with on my own). I do not take credit for any of the strategies that I post about, as most of them I have learned from other gold blogs. The purpose of this blog is to get the ideas out there, and have them all in one place.

Let the games begin!