Saturday, December 29, 2012

Looking Forward: Patch 5.2 Preview

About a week ago, Blizzard released a preview of Patch 5.2 in the 5.2 PTR Patch notes.  Now these changes as we know may not see it to live, but I always think it's good to look ahead, and in this case it's no different.

First Thoughts
As it is with every raid patch, demand for consumables (jewels, flasks, food, etc.) will increase when 5.2 first is released.  This patch however comes with a questing hub that will slowly unlock new things for each faction as they progress through it.  One of them will give a distinct (gold making) advantage to Blacksmiths:
"As the heroes conquer the Isle, they will unlock the powerful Lightning Forge, which will allow Blacksmiths to forge mighty raid-worthy items, as well as classic weapons from the past."
While this is still in it's infancy stages, this is an interesting concept.  It seems that Blacksmiths will have the ability to create raid and transmog weapons, but most likely will require your BS to be 90 to take advantage of this, if it is in the final release.  Other than this particular change, a lot of the gold making changes seem to be on the front of your Tiller's farm.

Buying the Farm
The first major change to the Tiller's farm is the option to purchase the farm from Farmer Yoon.  This will make the farm a place you can hearth to and treated like an inn.  Once you purchase it you will also start receiving "work orders" from factions in Pandaria and completing them will reward you rep.  While this will most likely not net you much gold in the long run, it can certainly help you unlock rep barred recipes on the enchanter you just got to 90 (for example).  The other changes to your Halfhill Farm focus on making your farm more efficient.

Farming Like a Boss
Patch 5.2 will be adding some long awaited changes for all you farmers out there!  The first will be AoE seeding, 4 plots at a time, using special Seed Bags.  Also, using the master plow and running over plots with vermin in them, will knock them out of their plot, stunned, with only 30% health!  Wild crops will also occur less often, once again speeding up the daily farming process.  Efficiency ho!  Some very nice simplifications to the farming system.   Last but not least, possibly the most important farm change:
The yield from special crops has been improved to make farming them competitive with gathering these items out in the world.
Aaah yes, increased yield on our favorite special crops.  I must say I look forward to these changes, as well as seeing how the whole Blacksmithing changes unfold.  It will be very interesting to see how they reintroduce some unobtainable transmog items (and which ones).  This patch also contains a LOT of class changes, so if you have gotten out of the glyph market, but still have a stockpile, the release of this patch may be a time to dabble once more, for a few weeks at least.

Hope you enjoyed this post, and I hope you all have a happy and safe new year!


Phat Lewts

If you like my blog follow me on twitter, @PhatLewtsGold!!

Friday, December 28, 2012

Phats' Weekly Lewt Review 12/28

Hey Everyone!

Hope you all are having a great and relaxing holiday!  Today as always I'm going to bring you my latest gold making escapades in the past week, in hope of helping you, and/or letting me vent a bit (you'll see below).

Tailoring has been really good for me the past few weeks.  I am still burning my daily CD, and selling both the crafted PvP sets and the Imperial Silk crafted (ilvl 476) gear.  Both at an amazing profit.  I actually can't keep the Imperial Silk crafted gear on the AH long enough to replenish it with my daily cooldown, which is nice!  I'm tending to craft only the gloves now, as both gloves and robes sell for about the same on my server, and gloves take 2 less cooldowns.  If I work up 6 cloths before I sell a pair of gloves though, I will make the robes.  As for the PvP gear, for some simple calculations I figure each PvP piece takes about one stack of Windwool (ie. 4 bolts) on average.  This means that for anywhere from 20-40g I can craft one piece of PvP gear.  That means Selling it from 150-350g is well worth my time!  I'm also crafting Netherweave Bags while AFK because the profit margins are strangely high on my server right now.

As I mentioned a few weeks ago when 5.1 dropped, I started planting Enigma Seeds.  I'm now using them to make flasks with the rest of the herbs that come up, since my 90 is an alchemist.  Just adds a little bit of value to my Lotus, but well worth it, as they both sell just as quickly for me.  Also, I've been using a spreadsheet to calculate my minimum Living Steel method (since TUJ doesn't account for procs from transmuting).  It's going well, but my profit margin is only about 100g on any given day, with procs taken into consideration.  With 4 alchemists, this means 400g/day so I can't complain for what little work I do to get it.

Burned at the BMAH
So recently I saw a Battered Hilt on the Black Market Auction House.  The starting bid was 15k and I know I can probably get anywhere from 25-30k on my server for such an item, and I figured if it didn't sell, I could use it myself, I've always wanted to do that quest line.  I won the bid at 15k and got the item, only to see that I had purchased the Alliance only version on my Horde character.  So I almost instantly opened up a ticket with a GM.  I got my response within 48 hrs, and I was not very pleased with it. They said 2 things: 1) They would not change the item to the Horde version and 2) They would not refund me the gold I payed for the item.  Bummer.  So I'm out 15k, it's my own fault but I figured they'd at least swap it for the Horde version, but what can you do.  Lesson learned, watch out for faction specific items on the BMAH.

That's about all for this week, it's been a lot of sales I figure because the college and high school kids have off this week through New Year's, and I've gotten a noticeable increase in sales, which is always welcome.  I will try to do another post some time before 2013, but I'm not sure that I will have the time.  In any case, I hope you all have a Happy New Year!


Phat Lewts

If you like my blog follow me on twitter, @PhatLewtsGold!!

Thursday, December 20, 2012

How to be a Great Transmog Salesman Part 2

This is a follow up to my previous 2 posts, How to be a Great Transmog Salesman Part 1, and it's recent Addendum, a shorter way to do it.  Now that we've gone through the various ways of purchasing these items, I'm going to go through some methods that I use to sell the items.

Handy Dandy Transmog Seller
I highly suggest for anyone who is going to get serious about transmog to make a level 1 bank mule solely for transmog.  This way your bags are free of any other potential clutter.  My character also has a guild bank for himself to store anything I have more than 3 of.  He has all 26 slot bags (28 aren't worth it yet).  With the backpack that's 120 slots.  150 would of course be preferable because mail comes in 50's, but not an option  right now.

I also find that attempting to be as anonymous as possible is the way to go with this as well.  If guildies find out you're the guy selling all the xmog gear they want, they're going to want you to cut them a deal.  All the time.  Trust me I've been down that road, and minus RealID (which you still can't appear invisible on), don't advertise yourself as being that lvl 1 transmog guy.

The 48-Hour Auction
For Transmog gear, I always set my TSM groups to be on 48 hours.  This way you only have to repost unsold items every 2 days.  You may get undercut, but with the amount of items you have on the AH, you won't particularly care.  I tend to scan at least once per day to find any good deals, but more than that on occasion.  If you're using the TSM Application, it has the option to notify you of Deals if you're using one of the dealfinding lists.  I don't want to go in length on that topic right now, but may in a future post.

My Tiers
Yesterday, in Part 1, I noted that I set up 4 tiers for my transmog sales, I'm going to simplify them by refering  to them as follows:

Low Level: 499g Threshold/749g Fallback
Mid Level: 749g Threshold/1249g Fallback
High Level: 4499g Threshold/4999g Fallback
Extremely Rare: 17999g Fallback

Now you could honestly buy everything below 50g, and put it all in the Low Level Group and make gold, but putting better looking pieces in pricier groups helps make you more profit!  I'd say a majority of my pieces actually do fall into the Low Level group, but there are a few sets (more than this but I'm going to give you some highlights) that I throw into the higher groups, as follows.  Mouse over the set name to look at the set!

Mid Level
My mid level items consist of gear from the following sets (among others):
Blood KnightBloodfistBloodscaleCaptain'sDarkcrest, and Imbued Plate
Note that some of these Chest and Pants I will bump up to the 5k, as they really are the core pieces for the set.

High Level
Arachnidian RobesHibernal RobeVenomshroud Silk Robes, Buccaneer's SetHyperion Set (Chest/Legs in Extremely Rare), Silver-Thread Robe, Soulkeeper, Speedsteel Rapier, and my favorite Anvilmar Hammer

Extremely Rare
Exalted Plate, Robes of Insight, Jade Plate

Of course different people have different lists, but these are roughly how I group mine together.  Get a feel for your own server.  My server is Low Pop so I usually have a monopoly on any of the High Level or higher sets, so I can price them how I want.  In a higher pop setting you may want to reduce your prices to remain profitable.  Try out different things, and see what works for you.

Rarely I will talk about my transmog gear on my main.  Just to get some free advertising.  Say something like (and link the item) "Anvilmar Hammer for 5,000g!?  What a rip off!".  Now you may be thinking Phat, why slander your beautiful self in such a way?  I'll tell you why.  This one is on the principle "any publicity is good publicity".  I can't tell you how many sales I've made off of posting unique items to trade in this way.  A lot of players don't know they exist, even if it doesn't sell that day, you've planted a seed!

That's all for now, if you have any questions or comments, feel free to leave them below!


Phat Lewts

If you like my blog follow me on twitter, @PhatLewtsGold!!

Addendum to How to be a Great Transmog Salesman Part 1

If you read my post yesterday and liked it, a reader, lasagna left a note in the comments, and pointed out that there's an even FASTER way to do this search, which takes little (or almost no) time.  It involves using a dealfinding search with up to date scan data so that it only scans items that are actually on the AH, below a defined price, and takes just seconds to do!

Since you need recent scan data, there are two ways to go about it.  The fist is using the Tradeskillmaster App, which will download your data about once per hour (it's an external application to WoW), and you can get that data into WoW with a /reload.  What the dealfinding list is going to do, using this strategy, that a normal shopping list won't, is it will only check for things that were cheaper than your threshold at the last full scan.  Using this TSM App, downloadable straight from the TSM website at this link, you will be able to constantly update your data without ever doing a scan in game!  You will have to do a /reload to retrieve the most recent data if it has scanned since you've been logged in, it's a very useful application to have.

While visiting TSM's website, be sure to check out their Child's Play Charity Fundraiser.  They're currently raising money for the Child's Play charity, and are matching every donation made!

Alternatively, if you don't want to download the application, you can just click Run Scan (under AuctionDB with the AH window open), and then "Run GetAll Scan".  This will also provide you with the data you need to do a quick dealfinding search.

Two Different Lists
If you want to skip my ramblings and just download the precious lists, click the "TSM Transmog Lists" button above.  

Now there are two different ways to do this, and I'm just going to go into what each scan brings to the table, and why I personally prefer one to the other (although both are extremely useful in their own way).  The way we're going to use these lists, they're going to take our recent scan data, and then use our list to only search for items that were below our threshold price at the last scan.  Basically it will scan only the items that are on the AH, below your defined price, which is very nice.

List 1: 745g
The list I prefer is one where the limits are set just below my 750 minimum posting price, at 745.  This scan is preferable to me because I will not be scanning any of my 800+ auctions, saving a lot of scan time for me.  The con of this list is that some items you'd be willing to pay more for, you won't see.  The best deals for flipping on the other hand will mostly be below 745 gold, so to me, it's preferable.

List 2: 999,999g99s99c
Now if you either don't have a large inventory, or just want to see EVERYTHING, that is another viable option, my second list has a limit of 999,999g99s99c, which will of course show you every item.  This list will scan every item that was seen in your AH at the last scan.  This will still scan less items than a shopping list, but will find your own items.

List 3: Custom
If you want to easily change your limits to whatever you see fit (especially if you have different limits than I do), see my quick write up above the lists.

All of the lists can be found at this link, or by clicking the "TSM Transmog List" button above.

Importing Your Chosen List
Last but not least I will go over how to import a dealfinding list for those of you who do not know how to.  First type /tsm, and click Shopping Options at the top.

After doing this, click Dealfinding Lists then Import Dealfinding list.

Now enter a name, hit Okay, Then paste the list data you chose into the box, Hit accept, then Import List

And there you go, your list is imported!!

Using the List Properly
Now to use the list properly for fast search times, do a GetAll scan or refresh your data if need be (detailed above).  Then, in the TSM Auction House window, click Search -> Special Searches -> Dealfinding Search.  And there you have it!  A Simplified Search!

Thanks once again to lasagna for this awesome idea, for some reason it never occured to me, but doing it is so simple and worth it!


Phat Lewts

If you like my blog follow me on twitter, @PhatLewtsGold!!

Wednesday, December 19, 2012

How to Be a Great Transmog Salesman Part 1

**In the comments in this post, lasagna pointed out that there's a faster method to doing this search. I outlined this method here.  You can still use this shopping list, but the other method utilizes dealfinding lists for quicker searches.**

This is intended as a simple guide to purchase transmog gear in the most efficient way possible.  If you're not familiar with Transmog or TSM, learn how to use the addon package TradeSkillMaster before reading this guide, it's necessary, trust me.  Check out Faid's Instructional TradeSkillMaster videos here.

1. Addons
To be a great xmog seller you really only need 2 addons (although TSM is a package of addons):
Tradeskillmaster: I use this to buy, post, and empty my mail (as well as keep track of sales).  In particular you'll only need the Auctioning, Mailing, and Shopping packages, but all are recommended. 

Mogit: Great addon that adds hover over previews to armor items.  You'll have to check off "Load out of date addons" on your login screen for this one to work in it's current version.  It works flawlessly though, which is probably (hopefully) why they haven't updated it for 5.1.

2. My Strategy
A lot of gold makers use separate lists, say Cloth, Leather, Mail, Plate, Weapons, and Shields.  While doing this has it's pros, you're wasting a whole bunch of your own time sitting and searching for 100 items.  I often found myself AFKing or browsing the web while doing these searches, and coming back to searches that were completed 10 minutes earlier because I got distracted.  Then it hit me.  If I'm going to do 6 huge xmog searches, why not do them all at once?  Search for 500-600 items, browse the internet, go AFK, or read my Favorite Gold Blog, and then come back later and go through the results.  I've tried it out for over a week now, and I really like my results with this method.  Generally I'll buy anything under 50g on this list, and the rest I judge by the appearance whether it's worth buying to flip.  My list is based on a compilation of these lists from Faid at GoClockorkRiot, Shannon, and myself.  Shannon's list I trimmed down a bit for my own tastes, it originally had over 200 weapons, it now has only 151.  

For those of you who are new to transmog, I'm going to go over my shopping strategies.  Those of you with preset Groups for selling set up already feel free to move to the next section.  For selling I break my items down into 4 tiers.  Some people like less, some people like more, I like four.  My different groups are set up for 48 hour posting, and priced as follows:

499/749g - Common Transmog
750/1250g - Better looking/rarer Transmog
4499/4999g - Really Cool looking/unique Transmog
17,999/18,000g - Ridiculously Rare Transmog (think Jade, Exalted, etc)

As you start working with transmog gear you may decide you want different prices or more tiers based on your server's needs.  This is what works for me, and I've had success with it.  The first 2 groups above were originally 500 and 1k in Cata, and I bumped them up when MoP was launched because inflation.  Use your best guess.  Transmog doesn't sell constantly, so don't change your price levels around too much at first.  You have to set a standard for your server, and possibly work against any competition.  Use your best guess when first making sets.  Base it off of the look, and what you think you can get out of your potential buyer for it (use Mogit to mouse over and see what it looks like).

3. The List
Below is the list, Import it by typing /tsm, going to the Shopping Options tab, clicking Shopping Lists, then Import Shopping list.  Name it and copy/paste the following data into the "List Data" field.  Hit the Accept Button, then Import List.  I had some trouble importing this list, most likely because it's so huge.  The name didn't go through at first and it took a while to load after importing, but these are minor problems that should not effect the list.


Tomorrow I'll be going over more specific strategies I use.  This should be more than enough to get you going for the time being!   


Phat Lewts

If you like my blog follow me on twitter, @PhatLewtsGold!!

Tuesday, December 18, 2012

Phat's Weekly Lewt Review: 12/18

Those of you that have been regular readers of my blog for a while know that I used to regularly come out with a "weekly review" going over what worked for me and didn't work for me in the past week in WoW.  I haven't come out with one in a while since MoP launch, but I think that now is a good time in the expansion to look at weekly trends.

Living Steel
Living Steel has still been strong for me.  I get weird peaks and valleys of selling it, it seems that when it does sell, it sells somewhere in the 8-12 range at a time, which is nice.  Again being on a small server, I'm sure most other servers have a steady in and out stream of Living Steel, but it's just not the case for me.

My level 1 transmog seller (pictured here) has been very busy as of late!  This week I tried a new strategy with transmog, which I'm liking quite a bit and I'm going to address in it's very own post.  What I've been doing is searching for items 600 at a time.  Yes.  A 600 item TSM list that takes a ridiculously long amount of time to search for.  I go afk or browse the internet while it's working, and go through the results when it's done buying anything under 50g that will sell.  It's been working quite well so far, and hopefully later today I'll have a post up here including my list and how to use it if you're new to transmog (or not).  It makes transmog shopping a bit more painless, which is always great in my opinion.

DMF Trinks
On my server DMF trinks are still going strong, during DMF I was able to sell quite a few individual cards for a nice markup, and I came out with 3 trinkets (one of which sold already).  A good haul IMO, still burning those cooldowns daily, and will in the weeks to come!

JC has also been doing decently well on my server, mostly because the halving of the ore nodes actually impacted my server.  A lot of servers are back to normal, or at least near it, but my server, because of it's smaller size still has high prices on Ghost Iron Ore, and it's making gems worth slightly more, which is nice.  Worth me doing a bit of prospecting and cutting now with my WoW time.

Halfhill Market
If you haven't been already, get rep with the Tillers!  I've been planting Enigma Seeds recently (see my previous post) and I'm making about 750g/day worth of herbs.  Quite the nice haul from farming.  In Halfhill as well there is Nam Ironpaw, and this dude should be your new best friend.  If you go to theunderminejournal, and click "Gathered -> Cooking" after getting on your server, you'll find a list entitled "Ironpaw Token Tradesof the cheapest items turn into Bundles of Groceries (containers from Merchant Chang after doing starting quests).  Buy those up off the AH, bundle them up, and exchange them in Halfhill for Ironpaw Tokens.  Using them you can buy 100 Year Soy SauceBlack Pepper, and/or Rice Flour and sell them for a markup on your AH.  I find that these usually sell to people who are trying to max their cooking for the first time rather than max chefs for raiding guilds.  The max chefs tend to know about this arbitrage, but are using it for their guilds.

That's all for me, one last thing to note is I recently bought a Battered Hilt off the BMAH for 10k, and I put myself on a deadline to sell it by the end of the year.  If I don't I'm going to do the quest line myself as I never got to do it in Wrath.  My week in WoW was pretty good, I crossed the 1.75 million threshold on my server, aiming for 2 million by Jan 8th, but we'll see how that goes!  Also bought an invite to the Brawler's Guild, and I found it quite boring actually, but I did not pay much for it, so no big loss there.  How was your past week in WoW gold?  What is/isn't selling for you?


Phat Lewts

If you like my blog follow me on twitter, @PhatLewtsGold!!

Thursday, December 13, 2012

Dispelling the Enigma Surrounding Enigma Seeds

After 5.1 nerfing the exchange of Spirit of Harmony to Golden Lotus, many people were up in the air about what seed to plant at their Tiller's farm, and you may have recently read that Enigma Seeds (which produce herbs) got a stealth-buff, possibly the better alternative for providing Golden Lotus.

My Findings
I have been planting Enigma Seeds over the past 10 days or so, and every day so far I have gotten 4-6 Golden Lotus each day.   On top of that, the other plots that aren't Lotuses are other herbs that I send off to my Scribe to mill into pigments.  Below is a screenshot of my normal yield:

So not only do you get the 4-6 Golden Lotus, you get other herbs on top of that.  When you plant Songbell Seeds on the other hand, you get 1.6 Spirits which turns into 3.2 Golden Lotus.  So 4 Golden Lotus alone and you'd be better off.  Add to that the other herbs and you're much better planting other seeds.  On some servers vegetables may be the way to go, but the price per Golden Lotus (on average across servers) is currently: , which with the addition of the other herbs are worth more than vegetables (at 5-7 per plot).

If you haven't yet began grinding Tillers rep, now is certainly still a good time.  The rep is a decent grind, and as far as gold making is concerned, is by far your best rep (minus the profession specific grinds).  Cooking is also doing (semi) well for me currently, don't forget the Ironpaw Exchange!!


Phat Lewts

If you like my blog follow me on twitter, @PhatLewtsGold!!

Wednesday, December 12, 2012

The Return of Realistic Returns

Many times, as gold makers, we get dismayed if we can't make some major returns on our investments.  I know I always try to focus on the highest return activities, well letting others fall by the wayside.   Flipping things for twice what they cost is almost ingrained in our brains.  While this of course is the easiest and fastest way of getting gold, there's no point missing out on other opportunities available.  Diversify!

Quite like real life, the more you invest in profitable things, the more money you're going to have in the long run.  Say (hypothetically) you are able to make a 10% return per day by using some profession, selling everything you post daily and using the new amount as investment capitol.  By the end of the week, you would have (roughly) doubled the money you initially invested.  Now there are of course better investments than this to be made in WoW, but know that  every investment counts, small investments that sell constantly are just as good as long term investments that make tons of gold from 1 sale (such as transmog/leveling green market).

That being said you can't do everything all the time.  Some days you don't play, some days you don't have time to play the AH, or only a limited time.  Do what makes the most gold for you.  This is hopefully something everyone already does out of instinct alone.  Daily cooldowns to me alone across a few characters are more than enough for the average player to have a mass of gold, and be able to pay for what they want (within reason) in game.  But just because uncut gems are 50g and the cut are 70g, doesn't mean that this 20g isn't worth your time.  When I post a spread gems on my server, I sell at least a handful each day.  At 20g profit per, even with selling costs factored in, it's not a negligible gain in gold each day.

That doesn't mean I'm going to focus in on JC first, by all means I'm not.  I prefer to focus in on things like Inscription CDs as well as Alchemy and Tailoring before I get into any sort of mass processing of ore.   Diversification is key though, and it's important to do the things that may not net you as much overall gold, but good and fast returns.


Phat Lewts

If you like my blog follow me on twitter, @PhatLewtsGold!!

Don't Call it a Comeback

Okay. You can probably call it a comeback in this case. I've been gone a long time. So if you follow my Twitter you'll know I recent...