Wednesday, July 25, 2012

Auction House Junkies Episode 30: The Ghost Hunters Episode

Episode 30: The Ghost Hunters Episode

Weeks in WoW
Cold:  leveling some alt cooking, working on bank maintenance.
Mike: Raiding and glyphs
Wes: Writing, writing, writing!

http://morsemillhotel.com/

Questions:
Z3r0d4z3 Twitter: I want to get into the 77-80 market but not sure of the correct price range

Call for Questions: Twitter and AHJ email!

MoP Beta Changes:
Enchanting Rods? GONE
Enchanting Mats? TRADING (MoP Mats)

Discussion Topic: PET BATTLES!

Markets of the Week:
Wes: Pet Liquidation
Mike: Submarines on Fire!
Cold: Cooking Mats


Check Out Cold's Mysterious Fortune Card Mastery Gold Making Guide. Also Check Out My Favorite All Around WoW Gold Making Guide or the PvP and Gold Making Combo and J!inx - Clothing For Gamers And Geeks. Come Vote And Participate In Polls & Discussions on the Auction House Junkies Squidoo Page.

Monday, July 23, 2012

Why Moving High Pop was My Best Decision


We all read gold blogs.  Whether you love or hate the author that is writing, they will all tell you the same thing.  “Results will depend on your server.”  It’s something we’ve all heard time and time again.  It’s true.  Results are very much server dependant.  However, at this point in my WoW career, I can finally say that you control your gold making abilities by your server size. 

Before I go further and get a bunch of hate mail telling me how I’m wrong, I’ll preface this with saying that you can still make significant amounts of gold on low population servers.  In fact, depending on your liquid capital, amount of time willing to invest, and if the server is actually small enough you could control the whole auction house.  But that is for another post.  However, if you’re a low to mid income player, your abilities to make gold on low population servers are quite limited at this current juncture of the game.

Why?
The answer is basic.  You have fewer people to sell your goods and fewer people to provide you with raw materials.  You have fewer raiders looking for gems and leg armors and fewer people making alts that need glyphs.  Hell, you have fewer people who are gullible enough to buy fortune cards.  The point I’m trying to make, is that on a low pop server, your opportunity for making gold is much smaller then on a high population server. 

I came from Scilla.  When I was researching my move, Scilla had a population of roughly 20k players.  8k Horde (my side) and 12k Alliance (of which 11.5k were made up of women and children).  Of those 20k players, I would estimate that maybe half of them were active.  Even during peak time 7pm-11pm a quick “/who” in Orgimmar would not always fill up the players box.  Moreover, I won the fishing tournament because only one other person was competing! (He even follows me on twitter! @CappedByCata).

My sales were very slow.  Everything I had I posted on a 48 hour time slot, and most of it would come back to my mailbox.  Not because I had been undercut, but because no one was buying.  Basic staples weren’t moving.  It was time for a change.

The Move
After researching via WarcraftRealms, I found a new home.  Arthas was going to be my destination.  According to the data, it was an 80k – 60k split.  80k Horde and 60k women and children (THAT’S TWICE I’VE SAID IT).  This would increase my opportunity for moving product, and leave a ton of room for cross faction arbitrage.  Moreover, I should never lose BH again!  So, I packed up my level 25 guild, gathered my gold and prepared my alts for travel.  $85 later, I was home. 

The Benefit
Even with the “lull” in the game, my server is always active.  Tons of people in Org, even in the AM.  Product moving like it’s peak time on Scilla 24 hours a day.  I have no problems moving gems or enchanting mats anymore.  Leg armors and glyphs sell.  Hell, there are even plenty of people ready to get rich of Fortune cards.  My opportunity for moving product increased dramatically.  It was my best decision.  Sure, it was a real world investment, but it will be worth it for the long term.

The Bad
The thing about high pop servers, is that the ability to buy rare items is much easier.  My gold cap has been depleted and my characters have been rewarded with tons of new mounts.  I even have myself one of those fancy see-thru tigers.  But alas, my liquid capital has taken a hit.  With that in mind, I’m not worried though.  I got great prices on the goods I bought and I’ll easily be able to make it up in the few months before MoP.

Friday, July 20, 2012

Taking Advantage of Trade Chat


I’ve put out a couple of different posts over the past couple of days.  One of my most well received was my post The Big Flip: 90k a day. With today’s post, I want to expand upon that topic with another great tip that can help you make some serious gold in the World Of Warcraft.  Take advantage of trade chat!

Trade chat for a lot of players is an often over looked area for gold making.  On most server, trade chat is a haven for trolls and pug raid recruitment.  For a lot of players, this quickly becomes tiresome, and some go as far to leave the trade chat channel all together.  If you’re serious about gold making, I highly advise against that.  Some of my best deals of all time have come from trade chat. There are three types of people you will run into in trade chat that you can benefit from.  I’ll break down those three types so you know what to look out for.

The Bot:
Love them or hate them, they are a part of the game we play.  While Blizzard has top notch bot detection, botting will always be part of the World Of Warcraft.  For gold makers, bots often times are big competition, especially when they focus on one market and saturate it.  However, bots can also lead to big profits.  Bots/Gold Sellers will often time hit the trade channel to find quick buyers for goods.  Whether they be TCG items or farmed raw goods.  A little patience and negotiation can lead to a big time score.  This is the trade chat type that you’ll most often come in contact with and you can use time and time again to profit.

The Desperate:
These players are great.  They need money for raiding/repairs/gems/enchants/etc.  Whatever it is, they need it RIGHT NOW.  They will often times bring their failed attempts at gold making to market.  Bulk glyphs, bulk raw materials are common.  Another find are pets that they may get from a satchel.  I’ve bought several argent tournaments pets for under one thousand gold this way.  With an average cost of 5k on my server, the profit it easy.

The Uninformed: 
These are the least common type, but can often be the most lucrative.  Players who obtain an item and have no idea what the value of the item is.  Think TCG mount.  This also reflects back to my guild example.  The best way to take advantage of uninformed players is to be knowledgeable about your markets.  Be knowledgeable about recent changes and up coming expansions.  The more information you have about the current state of the economy, the better you’ll be prepared to take advantage of uninformed players.

Share your trade chat scores, and feel free to ask any questions.

Thursday, July 19, 2012

Auction House Junkies 29: Where were you guys last week?

Our weeks in WoW:
Wes: New Job
Mike: Raiding and mount farming
Cold: - logged in and out LOL - D3 ftw - gonna run some BC Heroics for achievements soon - plug EGP

 Follow Auction House Junkies on Twitter @ahjunkies Email is back in business - send in your questions, tips, tricks, and requests.  

Special shout out - Nev’s breast cancer fund-raising for charity campaign

 Listener Email:
 "i have managed to make 10k gold on my own just doin randoms and raids and selling the occasional pet or two but now i have listened to most of the AH junkies episodes and i love it i listen to it while im farming but i really just wanna know how should i jump in to the AH? what do you reccomend. dont say fortune cards someone completely screwed that up lol but i am a herbalist and scribe Please give me a good way to jump in! i am willing to spend 10k. My realm is US durotan please help! i wants that gold stuffs! ty -nikita" http://inscriptionist.arctic-eagle.com/ **

 Revanian: When is a good time to list an auction for ‘Very Long’?  

Discussion Topics:  
1) Midsummer Fire Festival
2) The Black Market Auction House  
3) MOP changes to account wide mounts - now all, but PvP and class specific 
4) anything released about pandaria that you are liking, or do you still loathe them too?  
5) is the Remote AH app fixed yet?
6) MOP - supposed to have more end game options - unlimited # of dailies, dungeon challenged, farm plot, 4 raids?, etc
7) head / shoulder enchants changes  
8) GEE & Ench Thorium Blades  
9) Cooking profession changes - any details? 6 different specs!!! Plus you get a companion to train.

 Markets of the Week:   
Cold: star rubies
Wes: guild
Mike: Frozen Orbs 


  Check Out Cold's Mysterious Fortune Card Mastery Gold Making Guide. Also Check Out My Favorite All Around WoW Gold Making Guide or the PvP and Gold Making Combo and J!inx - Clothing For Gamers And Geeks. Come Vote And Participate In Polls & Discussions on the Auction House Junkies Squidoo Page.

Wednesday, July 18, 2012

The Big Flip: 90k in a day

For some of you, fathoming that amount of gold is astronomical, and making it in one flip? Well, that’s unbelievable. However, what if I told you it was true? What if I told you anyone with a decent amount of liquid capital and bargaining skills can do it to? What if I told you depending on your dedication you could do it multiple times without question? Well, that’s what I’m going to do.

When I was contemplating rejoining the gold blogging game, I stumbled upon this method. I took to twitter with one simple tweet:

“So I haven’t tweeted about gold making in awhile, but I’ve found the ultimate be all end all gold making method. Just made 90k in one flip.”

I got a lot of responses. Everyone wanted to know what I did. I wanted to answer for everyone, but I left it alone. Only because I found like I had stumbled on to something truly secret. However, this week in the Markets of the Week segment of the Auction House Junkies Podcast I spilled the beans. So I may as well bring it to you here on the blog.

First off, your initial thought is wrong. I’m not flipping TCG mounts or anything related to collecting. I’m not flipping raw goods farmed from bots, and I’m definitely not flipping duped items. Nope. I’m flipping guilds. Level 25 guilds to be specific.

I’ve made the big flip twice so far. This is only because I haven’t actively worked at it on a daily basis. My first experience was expected, but the most recent one wasn’t. My first flip came from my server transfer; during a recording of Auction House Junkies we talked about value of level 25 guilds, and for grins, during the show I tried to buy one on my small little server. This was several months ago. I landed one for what I thought at the time, was a lot, 70k. However, this was a deal I just didn’t know it. A few months later, I packed up all my gold, and most of my alts and transferred over to a high pop server. Arthas to be exact. (Do you play on Arthas? Let me know, I have no friends.) True high pop servers are very different then what I’m use to. Collectable mounts a plenty and all my gold could be easily spent. This was a first for me. So, out of the spirit of buying me a Heroic Rag mount, I took to the realm forums looking to buy a carry. Low and behold I found it. “WTB: Level 25 Guild”. “Double click” I said. Inside, there was a nice man offering to purchase a level 25 guild for 100k. 30k profit! Woot! Or so I thought. Then I read the responses. “Good luck, you’ll never get one at that price.” Loool, more like 250k” and the comments continued. 250k? Seriously? I didn’t believe it. So I headed over to the Guild leadership forum and they were every where. WTB and WTS ads all for level 25 guilds. Curiosity got the best of me, so I posted mine for sale. Horde side, Arthas 250k. Added my BNet account and waited. Two days later I had about 10 friend requests and plenty of offers. I settled on a deal of 220k and the guy transferred to me. 150k profit. Too easy!

This got my wheels turning, but I thought on a high pop server, I would never find another guild to flip. But, I did. Guy sent one spam over trade chat saying he was quitting and selling off his guild. I instantly whispered. “100k in hand” I said. He said…”Uh…I have to have 120k.” I said “Deal”. I probably high balled him and caught him off guard because most people don’t know the value, but nevertheless, I snatched it up. This time, I posted my listing on the guild leadership and realm forum. Next evening, sold 210k from someone on my server. 90k and it was a full internal server flip. I didn’t have to have anyone transfer. That’s when I knew, this method was really powerful.

In reality, you could hit the gold cap in as little as 10 completed flips, there is nothing in the game currently that offers that can of power. While it may seem intimidating to invest that much capital into something, if you can find them at the right price, I highly recommend it.

The buying and selling I’m going to leave to you guys. Take advantage of your server. Watch trade chat, use your realm forums. Find someone who has quit or recently be able to overthrow a guild because of 30 day none login. Those people may be willing to cut you a nice deal for a small sum of gold in the grand scheme of things.


Share your results!

Tuesday, July 17, 2012

Hello, I’m Brett Favre.


That’s right, here I am!  Back out of retirement ready to take the New York Jets by storm! Uh…yea…something like that.  If you didn’t’ get that reference, you’re watching the wrong kind of football.  All football humor aside, I am back! 

If you’re new to the site, welcome!  If you’re a loyal reader, thank you for coming back!  It’s been several months since I’ve wrote about all the facets of gold making, so the come back feels right. I’ve had another career change, and am in a much more stable environment.  This position is much more conducive to productivity, unlike my last position.  With that in mind, I plan to be able to bring a lot of fresh content back to the site.  I’ll be writing at my own pace, and for no other reason than myself.  So like it or lump it!

Posting Schedule:
My goal is around three times a week.  More if I have quality things to write about, less if I don’t.  Posts will be various.  From tutorials and retrospection to podcast updates and contests.  Pretty much the same content you’ve seen here on the site for the past two years.  No grand changes there.

Reader Interaction:
I’ll take as much as I can get.  Most reader interaction is slated for twitter or the comments here on the comments section.  @CappedByCata is the handle to remember.

I’ve already composed all of my writing ideas for the next month, so I’ll be banging those out at work during my downtime.  Early AM will be posting release times so you have plenty of time to read during your work.  With the rekindling of the blog, the Auction House Junkies Podcast has also been reborn.  New episodes will be produced when the three of us have the ability to make it work.  I promise more then every three months. :P  Remember to follow @Msherretz, @Ssmith0911 @AHJunkies on Twitter for all the updates.

BIG CONTEST!
I’m only going to tease this now, but I’ll be having the ultimate blogger/reader challenge in the next month of so.  The prize is amazing; it’s something you won’t find anywhere else.  So be prepared for that.

More soon!

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