Flipping Items in WoW

This is for Day 16 of Nev's 20 Days of Goldmaking.  Interested in reading other's views on the topics?  Nev made a post with all the participants here.  Check it out, there's some really great posts!  Todays topic:

Flipping! Do you flip stuff regularly or sometimes? Big ticket items or smaller high volume stuff?

Transmog & Twinks
Many of my regular readers will know I love flipping in two main markets: Transmog gear and twink gear.  These two have been staples for me since Cataclysm, and I can't even imagine when they weren't in my arsenal.  This is a concept that many newer gold makers don't get though, buy enough cheap gear, and list it all, a few pieces are bound to sell, and if you're selling at proper margins, profits ensue!

My favorite market is the transmog gear though.  In actuality, with the twink gear, both the 77-79 and the 80-84 both make me more gold, but I find the transmog market more interesting.  With twink gear the buyers know their market a bit better, and know why the gear is overpriced.  With transmog, you're taking gear that normally people would otherwise have bought to supplement dungeon gear while leveling and marking it up to ridiculous prices for greens.

Why I find Transmog so fun
Transmog gear is easy to obtain.  There are plenty of lists, including my own, to use to purchase or otherwise search for this gear.  The fun part of it is pricing it.  I only seperate my gear into 3 tiers (you can do more, I just like a simplified model).  I find it fun assessing what someone would theoretically pay for an item, and that's the fun in transmog.  I really enjoy having that level 1 infamous transmog seller on a server too, and speaking up in trade every time you log on.  As they say, "Any publicity is good publicity".

Big or Small Flips?
Comparing it to the purchase cost, all of my flips could be considered big flips, but most of my gear is priced in the 500-1,250 g price range.  I do have two special tiers though, 5k and 18k, that whenever they sell, I have a touchdown celebration ready.  I love the big flips, but as a realist, I know they're few and far between, whereas the smaller flips are more frequent and net me more profit overall.

Cheers,

Phat Lewts

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

The New 77-80 Market: 80-84 MoP Gear

As predicted, there is a new era of twink gear out that is equivalent to Cataclysm's 77-80 market (which is still alive and kicking).  Keep in mind that now is not a great time to sell, it's a great time to buy.  Lots of this will be on AH's for relatively cheap, but now is not necessarily the best time to post these, except leather (for monks).  Keep in mind that if you start posting at high prices will result in people undercutting you, ruining the potentially endless flow of great deals for the greens(and blues) on the AH.

Search Terms!
If you're using TSM, there is only one search that you need to do:

80/84/i364

These searches look for all items available to those in the range 80-84 with ilvl 364 and higher.  This will include all weapons and armor that came out in MoP available to this bracket.  There are 80-82 blues that are super OP, so keep an eye out for those, they're ilvl 409-425!

If you're using Auctionator you have to do 2 searches

***MoP Twinks
Armor/80/84/i364
Weapon/80/84/i364

And that's it!  You may want to go through this gear and hand pick the ones with the best stats, but at the current prices I'm seeing, if it doesn't sell, you can DE it for a profit!  Now is a great time to stock up on this to sell it throughout the expansion.  Even with a little gold you can make a decent investment, and expect high returns once a majority of the characters are at max level and not questing in the 85-86 zones that drop these!  Welcome to the new era of twink gear!

Cheers,

Phat Lewts

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