Firstly, this isnt a thread that requires you to 'do dailies every day and your dreams will come true (after you've sold your soul and lost all those hours to grinding the same damn mobs)'
Many of you are here reading this thread in attempt to claim a 'repost', or 'omg thats blatently obvious'. The truth is, if it wasn't easy, I wouldn't be doing it.
But at the same time, why am I spending my time in this first attempt at helping the MMO community. Quite frankly I've learnt so much information from so many people and the odd spark of genius, but 75% of the posts are flame spam regarding reposts/leechers. This is just for those Leechers that havent had their moment to help yet.
1)
Ok the first and obvious step is to research up on Auctioneer. You've heard it times and times before, but it really does help you keep an eagle eye on the economy at any given time (and yes the 7 minutes to update it while you watch mindlessly, are worth it!).
Now the weird thing is, I'm not going to say to you 'spend all day going through cheap green items to DE to make a gold on', or 'use bottomscanner to claw your way through thousands of cheap, crappy items that cant be gifted away even to a homeless bloke'. The reason you need to keep upto date with Auctioneer is so you actually maintain an unbiased eye on the economy of the server.
By that I mean, its pretty obvious when certain items are becoming dry on a realm, but spotting when its your ideal time to sell an item is what matters most; for your % profit and also your time in selling an item (remember every day your item doesnt sell is a day you could have sold the same item for a second time!)
2)
Finding your market. The main step to anybody and probably the most universal step I'm going to aid you with. We've all heard of the guy who buys stacks of netherweave cloth for 2g to later make them into bandages for 3g for a gold profit right? The truth is, statistically the profit is 50% but the problem with it is the scale your talking about. To get your epic flying mount underway it'd take you approximately 5000 stacks of netherweave cloth to get. If I had that much time then I guess its do-able (dont get me wrong we arent all level 70 elitist jerks running around, to some people 1g gain is alot and tbh pre-TBC is was!)
Anyhow my real point is, in order to get into the big money your after (and hopefully will be looking at getting after you've read this) you really need to look into a larger upscale market thats open on your realm- the way I make my money *may* not be as legit as your realm (economy factors and most importantly the other players).
3)
This is a sub par onto part 2 really but still. Your main resource in this game, isn't gold, it isn't your items- its your friends. At the start of TBC alot of people fell narrow-mindly into thinking 'I dont have enchanting' therefor I can't make money from dis-enchanting. However as seen to date, almost anybody on the realm doesn't mind asking their friend to De some items for them, and 99% of the time for free too! The majority of the time you haven't even ask to DE the item for use either, its to sell for gold.
Now if you follow this into Blacksmithing for example, is there really anything wrong in asking your friend to craft you an item so you can make a profit? This is an important point you need to understand. You arent limited in just making money from just your own professions - if other people aren't clever enough to use their skills to make gold, that shouldn't hinder you on doing it!
Ok, so am I really going to earn your respect from a bunch of obvious points that could be written by a level 27 alliance character after playing the game for afew days? obviously not
I haven't actually said anything about making gold? surely I'm taking the piss? Well I'm actually not, I have just been setting the grounding rules and understanding about how I think when it comes to attempting to make gold- just to give you a glimpse and (hopefully) get you on the way to earning your fortunes.
Ok from what I've said so far you are 'a young, eager, Blacksmith, Miner, Herbalist, Tailor, Enchanter, Skinner, Leatherworker, Jewelcrafter & engineer in one! The world is your oyster! right?
The answer to the question isnt actually correct. Many of you know that most sure fire ways to make gold are over grown with farmers and other people who drive the market down until its bled from its skin. Heck even Blizzard themselves are nerfing the market (think about the epic gem recipes you can now buy from the gem vendor for a mere 15g; they used to require months of BT and MH farming to receive). To date there are actually only numerous ways into a good market, but finding them is alittle bit tricky.
To begin the real guide reverts back to the idea of 'watching your market & realm'. When you read it I'm sure you were thinking 'this is a load of bs' and I guess until I begin explaining my story it wont make sense.
I am home to a realm that has ever so slowly died. From having 7-8 BT & Sunwell guilds I remain to be in one of the top 2 that are still alive. Playing a large role in the community I have been in the know on all guilds health and stature and gained advanced knowledge on what plans lay in the future of the guilds in question. It just so happened that one of these guilds consisted of 500 Chinese members that insisted it was fun to grind every and any possible place that was even worth considering. I'm sure you all have at some point seen this.
In short they owned the realms economy. Taking over the Ah with whatever they wanted to put on (dont get me started on the amount of wintrading they got on with at 5 in the morning! :P). After learning that this guild had decided to migrate was really where my head began to start up with ideas of how I could make serious money; before that I saw very little point trying to out-profit what I could only describe as an organization. From here I hit all the common knowledge items your all aware of; all sets of primals (earths -2g, waters-10, lifes-8, airs- 18g), primal mights - 60g, fel lotus (12g), herbs, ore, Hearts of darkness (200g),
I was already thinking ahead, as you can probably already see, as soon as the guild left the server there was suddenly an abundance in materials, the BT raiding guilds also left leaving HoD's being as rare as diamonds and with upcoming guilds wanting Sr gear prices soon rocketed to 600g. Currently as of writing this prices are as follows; ( earths -4g, waters-22, lifes-17, airs- 28g), primal migths - 140g, fel lotus - 30g, HoD's - 600g.
The next pre-empted move I made was a combination of foresight and just plain logic.
With Blizzard tagging boJ's to every single mob it was growing ever obvious that these would play a huge part in the Sunwell future. It was soon released that primal/Nether vortexes would be BoE and buyable with BoJ's. No doubt your realm went through a pure manic stage of everybody selling all they could with the little badges they had and you also probably saw their prices crash into almost nothing. But what you didnt see was the real smart players were the ones buying as many vortexes as they could afford. It sounds insane, but insane enough to actually work? What I did then was to buy out (or use pre-stashed like me) primal fires (10 to be exact), 100 stacks of adamantite ore and then get on the search for a REd Belt of Battle (or likewise) crafter. I pretty much hit this idea almost immediately selling the belts for 1.5kg each, most warriors were prepared to pay for the best dps belt available to them.
I'm sure you all recently saw the release of the epic gem vendor onto most realms. But how many of you took the time out every week to cap as many badges as you could? realising 1 karazhan run was worth atleast 700g should have woken you up right? How many of you then gave way into the armoury items instead? And finally, how many of you actually research to find out what gems would be most sough after?
By the time the badge vendor was opened almost everybody had spent out on the new shiny epic gear while very few would have had the thought to save the badges for gems and buy the gear after when gems had plumeted!
On release of the vendor starting prices for crimson spinels and pyrestones (hopefully you had found out that they were the most openly used gems) were selling for atleast 600g each. On release I had 400 BoJ's, buying 25 gems and totalling out at around 12k gold (by the time I'd sold the 25th the prices had dropped by upto 50%). The best thing about this is it required no input gold, there were no crafting fee's, it was just pure profit.
So after talking about finding a hole in your servers economy thats not triumphed by Blizzard or farmbots I haven't actually covered how I found my method.
Well here goes. I originally started just like any other wow player, with a typical grind session reward that took hours but to begin with was pretty fun. Probably more from luck I worked out one day that the materials an earthstorm diamond required costed no where near the price of an earthstorm diamond on the AH. With this in mind I'd log in every day, make a diamond (and hope for the proc) and just store it. I soon quickly linked the earthstorm diamond with the relentless earthstorm diamond (which goes for almost double the price). But intead of rushing onto the market I decided to wait for season 3 to occur. Upon arrival I quickly removed any extrmeley cheap diamonds from the AH, and spoke to a JC friend who agreed to craft me the relentless gems for 10g each. After sticking them onto AH they flew out the ah and tbh I've never looked back since. Its a section of the server that will be bought out over and over again purely because of the numbers of rogues and hunters on any realm.
To recap;
Input materials-
2x Primal earth (4g)
2x Primal water (22g)
3x Deep Peridot (3g)
3x Shadow Draenite (3g)
3x Golden draenite (3g)
(Possible 5g charge for craft)
Result-
Earthstorm diamond (100g)
Further result-
Relentless earthstorm diamond (I currently control the market from 199-159g)
Optional method: Buy earthstorm diamonds from ah for 100g, pay 10g craft and put them back on for a profit (easier for non-alchemists)
Profits-
Mats->RES = 80g per diamond minimum (taking 159g selling price and not including any procs)
The point I'm at today is currently logging in, transmuting an earthstorm diamond, checking up auctioneer, and then raidleading a guild - I do not do any dailies at all. I'm happy with the Wow I play now and I hope you also reach a similar point.
With that said, I complete the first stage of my gold earning guide; it isn't hard, it just requires you to keep in contact with your realm and understand whats going on around you. A good money maker doesn't just see a situation for what it is; they look to make more money through another route.
If anything I just want to urge you guys to keep your minds open to go outside the box, its usually where nobody else has been and where most money is
Let me know how things go and I'm sure someday its your post I'll read up here helping me.
Yours faithfully,
Apogy