Today I'll be posting on the topic of Day 9 of Nev's Goldmaking Challenge. Nev recently released a post with everyone currently participating, and there are a lot of interesting responses from the community, check 'em out!
What's your favorite niche market & why?
WotLK Epic Gems
This may not have been the answer some people were expecting. I really love the twink markets out there, but I've made so much gold making Wrath Epic gems, and it's constantly been a great market for me since Wrath itself! I actually did a post about it in May of 2011, when I was first starting this blog, I found it kind of interesting to look back at it, check it out here. While my methodology in that post is a little outdated, the overall theme still rings true. Today though I use a relatively simple Dealfinding list to find great deals on epic gems, and (of course) post them using TSM.
Dealfinding List
Below is the Dealfinding List I use for these epics, I have the prices set to 150g for the epics and 30g for the Frozen Orbs that I use to make Icy Prism (which no longer has a daily CD). I don't have Eye of Zul on my dealfinding list because it doesn't sell particularly well for me.
d1@36931/1499999,36919/1499999,36928/1499999,36925/1499999,36922/1499999,43102/300000@
Cuts
If you don't have the cuts yet, start doing the Dalaran JC dailies. The only way to get cuts is from Timothy Jones who is both the seller of the cuts (4 dailies each), as well as the NPC that offers the daily quest.
I find that the Cardinal Ruby and Majestic Zircon sell the fastest for me. In general for Cardinal Rubies I cut Brilliant unless I have a huge supply in which case I'll start on Bold and Delicate. Majestic Zircon's I always cut pure stamina (Solid). For the other cuts my best sellers are Mystic for King's Amber, Willful for Ametrine (or any primary + resil), and Purified Dreadstones. This is one of the great secondary markets for any profession, and is by far my favorite out there.
What's your favorite niche market out there? If you wrote your post on this already, feel free to link it in the comments!
Cheers,
Phat Lewts
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Showing posts with label WotLK Gems. Show all posts
Showing posts with label WotLK Gems. Show all posts
Monday, January 28, 2013
Tuesday, July 24, 2012
Phat's Weekly Lewt Review 7/24
If you like my blog follow me on twitter, @PhatLewtsGold!!
So this week has been a busy one for me. The most I have been able to repost per day is 3 times, so I've been undercut a bit, but I noticed no real slowing of sales. I made about 70,000 gold this week, so around 10k/day, just shy of my goal of a grand total of 1.5 million (which I will hopefully hit tonight). If you are curious to see my gold totals check out the page on my blog, [My Current Gold Total], the link will always be at the top of the page and I try to update it every Tuesday.
Stance on Pets
Today I read the post on battle.net about the changes to wild pets. If you are interested it the Blue Post is at this link. Basically they're making it so that pets you catch in the wild can no longer be caged and sold on the Auction House. Now while this doesn't effect my stockpile, it's got me thinking for sure. I was planning on dumping a lot of my pets I had stockpiled, because all doubles of pets that characters have will be mailed to them when the battle system is released, meaning a huge influx of pets (still going to get a lot of Elementium Geodes cheap because it'll just be really rare come MoP). So right now I'm all SELL, SELL, SELL!
With Blizzard changing their mind on pets like this though it makes me wonder if the pet battle system, and this mailing of pets will remain the way it is right now on the PTR. I'm still going to sell off my pets. I made sure to pay no more than 1500 for any pet that I got, so selling them between 4-5k will mean profit anyway. I'm just curious of how the whole thing is going to pan out, if you have an idea or speculation, throw it in the comment section, I'd love to know what people think about this volatile market!
Inscription
For those of you not familiar with the "Glyph Wall" strategy, check out Croda's post on it. Now I personally would never do a glyph wall, I just don't have the time or patience, and for me inscription is not my main source of profit. BUT as noted in an earlier post, I recently got back into glyphs on my server, and my main competition is not liking it and posting at cost for some glyphs, and below cost (at least for me) on others, most likely trying to drive me out of the market. Again since I don't like playing these sorts of games, I just have TSM post back on my reset value, and that's that. Honestly, it costs me 1 silver to post each glyph, So I spend maybe 4-6g posting all the glyphs that I have. I don't really care if they sell today or in 3 weeks. I just want to sell at a profit.
If you are interested in another strategy of glyph making check out Nev's post on the topic. She has a great spin on it, and a suggestion if you're leveling a scribe, which I think is great. In general I use this method, except I just craft 2 of everything I have, and only post at a profitable margin that I see fit (mine is a 60g minimum as my glyphs cost ~20-25g to craft on my server). If prices are below that it will post at 299g, my fall back, and probably wont sell, but for 2 silver, I'm willing to ignore it!
Wrath Epic Gems
In this recent post I talked about how to make a ton of gold cutting Wrath gems, and recently the market has been BOOMING on my server. An 80 twink guild has just showed up, combined with my normal audience of 70 twinks, I can't keep enough gems on the shelf to keep up with demand! This has been a great market for me this week, and I highly suggest adding it to your arsenal if you have a Jewelcrafter. Some servers definitely will already have this market on lockdown, so make sure you do some research on your specific server in particular.
I'm thinking about writing a post about some common gold misconceptions, but I'm having trouble coming up with more than a few. What are some common misconceptions that you think players have about gold making in WoW?
Cheers,
Phat Lewts
So this week has been a busy one for me. The most I have been able to repost per day is 3 times, so I've been undercut a bit, but I noticed no real slowing of sales. I made about 70,000 gold this week, so around 10k/day, just shy of my goal of a grand total of 1.5 million (which I will hopefully hit tonight). If you are curious to see my gold totals check out the page on my blog, [My Current Gold Total], the link will always be at the top of the page and I try to update it every Tuesday.
Stance on Pets
Today I read the post on battle.net about the changes to wild pets. If you are interested it the Blue Post is at this link. Basically they're making it so that pets you catch in the wild can no longer be caged and sold on the Auction House. Now while this doesn't effect my stockpile, it's got me thinking for sure. I was planning on dumping a lot of my pets I had stockpiled, because all doubles of pets that characters have will be mailed to them when the battle system is released, meaning a huge influx of pets (still going to get a lot of Elementium Geodes cheap because it'll just be really rare come MoP). So right now I'm all SELL, SELL, SELL!
With Blizzard changing their mind on pets like this though it makes me wonder if the pet battle system, and this mailing of pets will remain the way it is right now on the PTR. I'm still going to sell off my pets. I made sure to pay no more than 1500 for any pet that I got, so selling them between 4-5k will mean profit anyway. I'm just curious of how the whole thing is going to pan out, if you have an idea or speculation, throw it in the comment section, I'd love to know what people think about this volatile market!
Inscription
For those of you not familiar with the "Glyph Wall" strategy, check out Croda's post on it. Now I personally would never do a glyph wall, I just don't have the time or patience, and for me inscription is not my main source of profit. BUT as noted in an earlier post, I recently got back into glyphs on my server, and my main competition is not liking it and posting at cost for some glyphs, and below cost (at least for me) on others, most likely trying to drive me out of the market. Again since I don't like playing these sorts of games, I just have TSM post back on my reset value, and that's that. Honestly, it costs me 1 silver to post each glyph, So I spend maybe 4-6g posting all the glyphs that I have. I don't really care if they sell today or in 3 weeks. I just want to sell at a profit.
If you are interested in another strategy of glyph making check out Nev's post on the topic. She has a great spin on it, and a suggestion if you're leveling a scribe, which I think is great. In general I use this method, except I just craft 2 of everything I have, and only post at a profitable margin that I see fit (mine is a 60g minimum as my glyphs cost ~20-25g to craft on my server). If prices are below that it will post at 299g, my fall back, and probably wont sell, but for 2 silver, I'm willing to ignore it!
Wrath Epic Gems
In this recent post I talked about how to make a ton of gold cutting Wrath gems, and recently the market has been BOOMING on my server. An 80 twink guild has just showed up, combined with my normal audience of 70 twinks, I can't keep enough gems on the shelf to keep up with demand! This has been a great market for me this week, and I highly suggest adding it to your arsenal if you have a Jewelcrafter. Some servers definitely will already have this market on lockdown, so make sure you do some research on your specific server in particular.
I'm thinking about writing a post about some common gold misconceptions, but I'm having trouble coming up with more than a few. What are some common misconceptions that you think players have about gold making in WoW?
Cheers,
Phat Lewts
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