MoP: Millions of Profit

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Recently Farli from The Overcut put out a post about how he theoretically plans on making 1M Gold in MoP.  I too have a strategy for making tons of gold when the expansion comes out, but there are a few road bumps in the way that I think that I, as well as most, will have to deal with.

Leveling
If you are an experienced gold maker, you know that there are very few times when farming is a viable (in terms of gold per hour) way of making the most gold in game.  The first month or so of a new expansion is one of those times.  For me, gold wise, the best thing for me to do would be to get my farmer  (mining/herb) to 90 ASAP, get Pandaria Flying, and start farming.  This is easily the best source of not only profit, but materials to level my Alchemy/Jewelcrafting alt, which is my first priority.

This is NOT an easy task for me, and probably not most.  My main isn't my Tauren Druid farmer.  My main is a Belf Mage that I love to play, but does not need to be max level to get the most out of her professions (Tailoring/Alchemy).  Will it be hard to put my main on the back burner?  Yes.  In fact I'm considering going after server first 90, which although daunting, and not likely, is something I think I'd have fun going after.  The thing is once you spend all the time leveling, when you could have been leveling your farmer, it cuts into your profit.  So the real question is what matters more to you in game?  Now in the long run will maybe 20 hours or so really cut that deep into your pocket?  Probably not.  But herbs and ores are going to be insanely expensive the first few days, and the faster you can get your hands on them, the better it is for you.  Just something to consider.

MoP: Money or Pandas?
Another thing that may cut into your money making on the first few days is Pandarians.  If you are like me, you most likely won't have access to the beta, you will probably want to get the full Pandarian experience first hand within the first month of the expansion.  My advice for this (from a gold making standpoint) is to hold off as long as possible.  Every decent or better gold maker out there will tell you that time is money, and gold per hour is a very REAL thing.  Every minute that you dedicate to leveling a panda is worth 16g 33s for every 1k gold you make per hour.  If you end up (theoretically) making somewhere around 10k gold per hour the first week of the expansion, every minute you play a panda is costing you over 150 g!!!  Just something to consider.

My Battle Plan
From launch my goal is going to be to get my main professions maxxed ASAP.  My (loose) priority is as follows, again with (considering) doing the "max the gatherer first", but not including it in the list:

1) Alchemy/JC
2) Enchanting
3) 2 other Alchemists
4) 2nd JC (for faster tokens (more cuts = more gold))
5) Tailoring
6) Inscription
7) Blacksmith
8) Whatever's left.

That's just my loose order, not necessarily static, and based on market price.  What's yours?

Cheers,

Phat Lewts

Transmog-mania!

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Mogging, Oh My!
Today I looked on my Transmog character's auctions on the WoW website and saw this:

At first I didn't believe it.  32k?  Hm...Maybe that's how much gold I have on that toon?  Now I usually check this guy and see maybe 500-3,000g in sales, nothing big, and I was considering not doing transmog anymore.  I was shocked.  In case you're interested in my sales they're here:

(Blue, Red, Orange are all the same 3 guys respectively.  Purple is all different characters with no repeat buys)

32k is not only a record for me for transmog (by a longshot), but also in general the largest haul I've ever had.  I was very pleased with my transmog sales for once.  Take a look at what the same characters bought.  Blue was my biggest spender, but Orange and Red gave him a decent run for his money.  One of the sales was my reaffirmed favorite: Icy Cloak.  I think I've made about 10k selling this fun to craft/obtain cloak now.  Just a quick and dirty post, felt like I had to share this one with you, hopefully I'll get my Weekly Review post out for this week either later today or tomorrow.  Until then,

Cheers,

Phat Lewts

1,000,000 Gold on a Low/Med Population Server

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Finally made it to 1,000,000 gold this past Thursday!  On December 9th I hit half a million, so in 47 days I managed to make 500k, or about 10,500g per day profit on a server that is Low pop during the week and Medium on weekends.  For those who are curious I'm going to post some of my data taken from TSM for my favorite gold making strategies.


1) Jewelcrafting


Spent

Item	Gold Spent
Elementium Ore	320,156
Obsidium Ore	37,051
Pyrite Ore	33,301
Total Spent:	390,508

Gold Earned on Cut Gems (Sums of Rare Cuts)

Item	Gold Made
Inferno Ruby	585,408
Ember Topaz	93,296
Demonseye	64,942
Amberjewel	27,367
Ocean Sapphire	17,046
Dream Emerald	16,785
Total Earned:	804,844

This alone puts my profit from JC over 400k gold, more than doubling my original investment in the ore.  Now, this data is only for the cut gems that I sold, not to mention the rings/necklaces I made with the common gems and Disenchanted for enchanting scrolls/raw enchanting mats.  JC is my favorite, can you tell? 

2) Cata Twink Gear

Armor Type	Gold Earned	Gold Spent	Profit
Lvl 77 Cloth	13,375	4,476	8,599
Lvl 77 Leather	13,052	7,325	5,727
Lvl 77 Mail	11,495	5,658	5,837
Lvl 77 Plate	13,703	6,768	6,935
Lvl 77 Ring/Neck	4,796	1,813	2,983
Lvl 77 Weapon	15,576	6,342	8,984
Lvl 78 Assorted	9,322	7,660	1,662
TOTALS	81,319	40,042	41,277

The reason I've included this is because, like the initial cut gems, it has basically doubled my investment.  The only difference is that this method literally takes seconds per day, compared to the enormous amounts of time jewelcrafting takes to prospect and cut.  

NOTE: The "Gold Spent" column also reflects gold I have spent on items that haven't sold yet.  

3) Mogging

Love it or hate it, mogging has become a great source of quick income for many gold makers, and I'm no exception.  Unlike most moggers I prefer crafting and selling items on the AH, although when I have no work to do for JC you can find me at the AH looking through models.  Here is my data for crafted and resales.

Type of Mogging	Profit	Number in Category
Resales:	13,784	28
Crafted	7,786	3
Total:	21,570	----

The three items that I am able to resell that I craft are below with their average profit per item.  The links are to posts about them by me, or in the case of the axe, Power Word: Gold:

• Icy Cloak: 2195g Profit per sale
• Big Voodoo Robe: 1402g Profit per sale
• Huge Thorium Axe : 688g Profit per sale

A lot of the responses I got from my Icy Cloak post was that there's another cloak that's purchasable from vendors in Shattrath for 300ish Justice Points.  I've sold 2 of these cloaks on a small server, and what I have to say to that is don't assume that all players have the same resources that you do, or know how to utilize them properly.  

4) Misc. Sales

Some other sales data that I think is worth noting:

Wrath Epic Gems

Gem and Cut	Number Sold	Gold Made	Average Gold/Sale
Brilliant Cardinal Ruby	110	22,288	202.6
Solid Majestic Zircon	61	12,870	211
Mystic King's Amber	96	21,535	224.3
Reckless Ametrine	23	4,563	198.4
Willful Ametrine	13	3,130	240.8
Purified Dreadstone	4	763	190.4
Total:	307	65,149g	212.2

Easily the most profitable use for Justice Points when the gear is too cheap, will also buy @100g raw to cut.

Transmutes

Volatile Life Avg Price Bought Per: 5.24g

Volatile Air Avg Sale Price: 17.59g

Profit per "Living Element" Transmute: 185.25g (procs not included)

Volatile Air Sold: 3,690

Total for Living Elements: 45,571g (Didn't include procs)

Avg Price of Volatile Air x10: 162.5g

Avg Price of Volatile Water x10: 118.8g

Avg Price of Volatile Fire x10: 47.99g

Avg Price of Pyrium Bar x3: 36.65g

Avg Cost to make Truegold: 365.94

Cost after factoring in x1.2 proc: 304.95

Avg Truegold Sale Price: 606.34

Avg Profit per Truegold: 301.39

Truegold crafted: 55

Total Truegold Profit: 16,576g 

The reason I tended to do Living Elements more even though Truegold was more profitable, there was a point in the expansion where someone who seemed to have been stockpiling Truegold decided to sell about 150 for under 400g each, which would have drastically reduced my profit margin.  

Alright that's it for now, thanks for reading until the end, not all my data, but the interesting bit of it.  Look out for more gold making posts as I ease down on game time after hitting my milestone.

Cheers,

Phat Lewts