Thursday, February 26, 2009

Mining

Good Morning!

So I am on track today. Lets hope this lasts... The plan is to have posts up by 8:00 AM EST, and to have no weekend posts. Weekend posts may begin to appear if I can get far enough ahead. I am still looking for a challenging server to make gold on, so I welcome any suggestions you may have. That being said, lets move to todays post.

Mining is a great profession to have. As with herbalism and skinning, you can level mining while you level your character. Just turn the tracking on and mine the nodes when you see them. While it is old news, one of the recent patches changed the looting system for mining, and made it so you only have to click once, just like herbalism. So now its even easier to loot the precious ore. Most races are all set to pick up mining right away, but there are some that dont do well with mining as a startup in their respective starting zone.

Now to the benefits of mining.

Who uses the gathered products of mining?

Blacksmiths use smelted bars (smelting is a mining skill) to create armor and weapons. While many of the recipies call for additional materials, the main component of every recipie is of course some form of metal bar. This profession also uses the various stones to make weapon buffs in the form of sharpening stones and weigh stones.

Engineers also use smelted bars to make quite a few items, ranging from modulators to casings. The also use the various stones to make powders.

Jewelcrafters use the bars to make jewelry parts, stones to make statues and gems to make cut gems and jewelry. This profession can also prospect 5 ore to get more gems.

What does this mean for miners?

Raiders need gems, so Jewelcrafters are going to be prospecting ore for the gems to cut. People like the Engineering products that dont require Engineering to use, and they need to get their bars from somewhere. Everyone needs weapons and armor, and Titansteel is popular right now.

What should I sell, and in what quantities?

Sell ores in stacks of 5 for prosepecting, and sell bars in odd numbered stacks to promote multiple purchases. One exception is Mithril bars, these you want to sell in stacks of 20 along with some odd numbered stacks. Mithril is used in such quantities by Blacksmiths to complete various skill levels that if they buy it, they are going to want as much as you can provide.

Can I make a lot of money mining?

Yes, you can make a lot of money by mining and selling the gathered items. It doesnt matter if you sell ore or bars, but to maximize your proceeds you need to see which is more valuable on your server. For example, when Death Knights entered the game, people were buying tons of ore to speed level their mining by smelting ore. In that case, ore was the better seller, but it can fluctuate based on the number of professionals on your server. By professionals, I mean people with professions that take advantage of mined materials.

You just said I can level mining by smelting?

Yes, you can powerlevel your mining by smelting ore at a forge. It might even be the best route for leveling mining! If someone is selling ores for cheaper than the value of bars on your server, simply buy the ores, smelt them for skill levels, and then resell at a profit! Or, if it wont be a profit, you should be able to get minimal losses by doing this.

This all sounds great, but this isn't quite enough money for me, how else can I make money by being a miner?

Sell your cooldowns when you have them. Some of them escape my mind at the moment, but I know there is Smelt Titansteel. Sell the cooldown for some gold, ore or bars. Smelt ore for people in general. They want to get a Blacksmith to make an item for them, but they want to bring bars to the Blacksmith, but ore is cheaper. So they buy it, send a message out for someone to smelt for them, and you answered. Specify what your fee is upfront to avoid any confusion later. Or, tell them you work on tips, and if they are generous, you get a good tip, if they felt the quality of work (i.e. speed) could have been faster, you get a smaller tip.

That pretty much wraps up the so called "main" gathering skills, but I have had discussions with a guildmate about the elusive "fourth" gathering skill. I will likely do a post on it as well. If these profession posts have helped you, please leave a comment regarding the posibility of further profession posts. Always remember, if you have a question, I will answer it to the best of my abilities. If you want to see a post about something, leave a comment. I do read the comments and take them all into consideration.

Go earn some money!

-Whø

Wednesday, February 25, 2009

Herbalism Afternoon

Good Afternoon!

I was a little late in getting this post together. Lets just say I am doing some reviews of guides to help you guys know what they have to offer and what their features are. I was able to take a look at WoW Tycoon, Zuggy's guide and also Warcraft Wealth. I am really excited to be able to tell you guys all about them. The only downside to getting these reviews typed up and the guides read is that I tend to be behind on posts here. So without further ado, here is my take on herbalism.

It's easy to level while you are questing. All you need to do is throw the tracking on and runa around doing your quests. If you see a node, go pick the herbs and get the level. Its very straight forward, and typically you will be able to pick about half of the zone when you start, and the other half after you have leveled up your herbalism on the first half. Also, if you are leveling herbalism as you yourself level, you will notice that the herbs that are appropriate for your skill level are typically found in the area that is appropriate for your character level. While you will be gathering quite a few herbs, it is going to help you if you send the herbs off to an alt when you can.

Who needs herbs?(no not me...)

- Inscription
- Alchemy

So I can only make money selling my herbs to these people?

While those are the professions that deal with herbs, take a look at those professions. They make glyphs and potions. Who uses glyphs and potions? Everyone does! So your mats are being sold to all the raiders out there that need to get those potions made for the next big run. Or they are going to go to the inscriptionist to make glyps to sell.

Why don't they just farm their own herbs?

People are lazy. Some people just dont want to run out and do the farming. Other people dont want to give up their high level professions they have spent lots of money leveling. Still other people simply put a value on their time, if the time required to get the herb equals out to 5G, and you are selling for under 5G, then they just saved themselves the time.

What stack sizes should I use?

When you sell these on the AH, you typically want to list stacks of 5, as this will get you the best chance to sell. Most potions take multiples of 2 or 3, so either way they will buy more than they need, and inscriptionist will need stacks of 5 to mill.

As always, use auctioneer to help give you an idea of what the herbs are worth. If you have another profession that uses herbs, make sure you check both the value of the raw herb, and the value of a crafted item made by you. If you can make more money selling the herbs, sell them as herbs. If you can do another 3 clicks and double your profit, sell as the crafted good.

Best of Luck!

-Whø

Tuesday, February 24, 2009

Slow Day

Good Morning. Well Afternoon for me.

So it has been a slow day for progress on my post, but a busy day otherwise, hence the delay.

Lets talk about a gathering profession today.

Skinning - The best gathering profession for ease of use.

Lets go over some good points -

You can level skinning from your starting zone.

You can skin other people's kills (after they have looted)

You can skin critters (deer, rabbit etc.)

Leather is sweet money - Leatherworking, engineering, blacksmithing and tailoring all use leathers for some recipies.

When you hit northrend you have a chance to skin arctic fur, a rare and valuable item.

So why pick up skinning? Well if the above reasons weren't sufficient, take these thoughts into consisderation. You are leveling by questing and killing things. You kill, get the xp, then loot the corpse for the vendor trash it likely has on it. You make marginal profits and AH any greens you find that aren't an upgrade. Now, same scenario but you have skinning. Whenever you kill something that is skinnable, you skin it and get the hide/leather/scraps. You take that skinned product and list that on the AH with the greens I mentioned before and you are making money even faster. Also, you can effectively "loot" other people's kills by skinning those kills for more leather - there are no loot rules, meaning you dont even have to be in the same party, or even the same faction!

I will try to post about herbalism later today. If not today, then you know the post for tomorrow!

-Whø

Monday, February 23, 2009

Extreme Leveling Guide

Shawn over at extremeleveling.com gave me a sneak peek at his Extreme Leveling guide, and I have got to say that it is a really good guide. His guide is very easy to read, presented in a well organized manner. This is more than just a "get quest x from y and complete it." Shawn has broken down the quests into steps, in which he tells you not only the quests to do, but the order to do them in. I ws able to take a look at his Death Knight guide, and it takes you from the end of the cinimatic all the way to befriending your faction.

If you have had trouble getting leveled in the past, and you never know where to go next, you should take a look at Shawn's guides. His site is extremeleveling.com.

Wifi is the devil

Hello everyone, I am back from my weekend away. I went visiting, and only had access to WiFi for the weekend. So, I found out that WoW + auctioneer + scanning + WiFi =/= Success. So, i had to use the basic scan methods and the end result was very little trading on my part this weekend. Also, I was unable to get ahead on my posts for here. I was able to work on several of the reviews I have coming up. I have reviews coming for Extreme Leveling, WoW Tycoon and Zuggy's guide. Look for Extreme Leveling later today.

Mini tip of the day:

Keep an eye on patch notes, they are going to give you hints as to what items are going to do, and you can use this information to speculate on the value of the item after the patch. Should you buy more and stock up for after the patch, or do you need to drop those items really fast before a BIG loss.

I'll post up Extreme Leveling later.

-Whø

Friday, February 20, 2009

Friday has come!

One of the things I like most about the Friday is what it starts. Friday starts the weekend. Everyone gets a chance to be home from school or work; a time to relax. What do people do when they relax? Well for the point of this blog, they play WoW.

Knowing that we have a larger influx of players with extended times to play tells us what?

1. More people are playing.

2. There is now a que for your favorite server.

3. You have to wait to play.

4. This is horrible!

Kidding.

1. More people are playing.

2. More people mean a larger consumer base.

3. Larger consumer base typically means higher demand.

4. Higher demand equals either higher quantity sold, or higher profit margins.

What does this mean for us, the people making money to run our activities, and how can we harness this influx?

As crafty sellers, we realise that the increase in demand will result in increased purchasing for all sorts of items. A quick example of the items to keep in stock to sell on the weekend:

Crafted items - if you sell them during the week, expect at least double the demand - bags, armor kits, weapons and more.

Enchants - people will be leveling, gearing up, running instances and raids. When they have their new gear, they are going to want the enchants to go on it. Scrolls sell well if you dont want to sit in town all day. (These sell really well on Tuesdays too! I'll tell you why in a later post)

Potions - people will be raiding and doing endgame content. They want those buffs and will apy a premium for them. (These also sell really well on Tuesdays too! I'll tell you why in a later post)

Gems - Same as enchants

Crafting Mats - While they are leveling their characters, they will want to level their tradeskills too. Make it easy for them to buy your ore for prospecting (stacks of 5), your herbs for inscription (again, stacks of 5), your leathers (stack size varies on type, but typically 6-7 per) and your cloth (good for tailoring and first aid).

Armor - most people dont want to make due with the armor they have when the hit a new level. After all, they reached a new level and can now use that chest, or this shoulder. Make good use of this.

Weapons - the higher you level, the more damage you need to do. Become a source for good weapons, even if you have to buy up all the items for the preeceeding week.


These are just a few places to looks to get you going through the weekend. Remember to set your auctions to the longest duration, and always include a buyout. More on buyouts to come later.


I hope you are enjoying the blog so far, I try to make it as helpful as possible. Feel free to leave any feedback on what you would like to see in the future.

-Whø

Thursday, February 19, 2009

Love your Alt

Today I will be talking about the benefits of an Alt. For those of you that do not know, an Alt is a secondary character on your server apart from your main. Some people have high level alts, in this case it wont matter what level the alt is. You will be making a Bank Alt.

There are three Auction Houses in the game for either faction which means three places that you can post your items for sale. There are many Mailboxes though; in fact there is a mailbox outside of almost every Inn. So, what can we take from the multitude of mailboxes when coupled with the knowledge of a bank alt and three Auction Houses?

When you play on your main, you simply need to send every auctionable item to your bank alt. Every time you see a mailbox, just run over to it, package up your items and ship them off to your bank alt. Then later, when you are done playing, simply log onto your alt and post up all of your items at once. After they all sell, if you need more money on your main, just send some back. It is that easy!

People love their bank alt because they do not have to go back to town after questing and blow 30 mins getting to town and then going back to where they were questing. This is the magic of mail and the benefit of being prepared. Happy questing!

-Whø

Wednesday, February 18, 2009

Tip for today

Here is my first tip.

0. Download the Auctioneer addon if you dont already have it. If you need help, let me know and I will do my best to do so.

1. Check the prices of some item types in the Auction House, and then check with your Auctioneer data.

2. Buy those item types.

3. List at average price.

4. Profit!!!


Now the explaination with some examples. The item type you want to look at is items sold by vendors. We are not talking limited items here. Just items that are sold by vendors in unlimited quantities. Check the average price for these items on the AH, then find the cost from the vendor and an idea of the listing cost. If the listing cost + cost of item from vendor is less than the average price on the AH, you will likely get a profit.

Here are some items I like to sell:

Rune Thread - cost is 50s at base reputation.
(Needed for tailoring, can be purchased from a tailoring supply vendor standing right next to a tailor trainer) I have sold these on the AH for anywhere between 1G and 6G depending on the server. If you sell these, do not flood the market, or everyone will enter the market with you.

Recipe: Longjaw Mud Snapper - cost is 3S80C at base reputation.
(Needed for cooking fish...) I usually sell these for about 3G and some change on one of my servers.

Recipe: Bristle Whisker Catfish - cost is 10S80C at base reputation.
(Needed for cooking fish...) I have sold this recipe for 12G+ on the same server I sell the other recipe on.

There are many more. Enjoy!

-Whø

Welcome and Hello!

Hello everyone! My name is Whø, and I enjoy making gold. I have played World of Warcraft since roughly June, 2008. When I first started a character (on a trial account no less) I was amazed by this game and promptly spent plenty of time running around Northshire abby with my Warlock. The only thing that struck me as odd was that there were so many people that could not make any gold. I was there with a trial account, had only been able to vendor, and I sill had quite a bit of money for the level I was at.

Needless to say (even though I am doing it anyways) I quickly signed up and got rolling. It wasnt long until I started new characters and expected to eventually run across gold issues.

I am still waiting for that day.

Now I make no claims to be a master at making gold, but when I want something for my characters, money usually isnt an issue. Typically the only time money is an issue is when I think to myself "this item is listed higher than it should be, I will just wait until its at a price I feel it should be at."

Some final points for today. I do not have a single character over level 57, but I know how to make gold. I wanted to start this blog as a way to share information and help other people learn how to make gold. I find gold making to be fun and entertaining. It even helps me with my characters. I would like to request a favor of all the readers I hope to one day get.

I need suggestions for new realms. Preferably US, but it doesnt really matter to me. Once I select a new realm, and faction based off of your suggestions, I want to post on how I make money on that realm, in addition to other techniques I use on other realms.

Thank You for visiting.

-Whø