How Understanding Your Servers PIE Makes YOU more Gold

[stevesgamebox]

Why Understanding Your Server Is Super Important BEFORE You Find A Method of Goldmaking. (The video gives a fuller explanation)

Text Version:

Here's a concept about goldmaking for you to swallow that I thought was super important.

I get the feeling that alot of you are into the habit of thinking in black in white. As in either something works for making gold, or it doesn't. After YEARS of experience and making more than my fare share of couple hundred thousands of gold myself (Across 4 different servers) - I've realized that there is no one size fits all method for goldmaking. Especially not one that will work on every server there is.

Your Server Is Like A Pie With Several Slices

Pie you say? Yup. Exactly. When I write guides across the forums on videos, I get alot of complainers who say "no this doesn't work here.. " or "BS Steve! That never works I tried.. Bla Bla Bla.." And it seems to me that they're all under the assumption of what works in one server will without a doubt work on another.

This is not the case..

I see servers as pies with several slices. Each server is it's own pie.. with it's own flavour, with it's own slices. You have to work by that servers pie in order to make consistent gold. With that understanding.. if the gold tactic your trying DOES NOT fit into the agenda of your server then theres little chances of you ever making any profit.

To illustrate.. let me show you an accurate example of what the economy looks like on MoonGuard (U.S) pie chart.




See the big slice of the Transmog Market. Since the transmog market is so popular here.. selling transmog is always going to be a win-win. Hence if you use a transmog centered strategy, you'll make some big profits. ((Notice how the slice is so huge)).

Now lets look at the stormrage market..




Notice how large the Trade goods and 665+ BOE sections are.. and how the Transmog slices are literally non existant?
Henceforth trying to run a transmog strategy here will often result in frustration and little reward.

IMO this is why some players say a strategy is awesome.. while others just go back and forth on why it's just "average". To avoid this I suggest people get a feel of their server first and get familiar with thier markets before taking any gold advice seriously - Even my own.

This is something that needs to be understood before going on with any goldmaking.

If you understand this, then your half way there. =)

[ergizheng]

Greet share!!

[Tronski]

What you're saying is basically: "Find out what sells and sell it! Don't waste time on stuff that doesn't sell."

I can tell you with some certainty that no server has a given gold amount to be spent that fits into a pie chart any of us are able to comprehend. People spend the gold they want to spend on exactly what they want to spend gold on.

Is your server fluking out on transmog sales? Chances are high you're just not providing the transmog pieces people actually want, as I'm willing to bet my right testicle there's no server out there without people that transmog their gear.
Twinking gear? If there aren't twinks, then there aren't twinks.

The rest is subject to supply and demand more than this pie. If there are people on your server, then they will buy trade goods, BOEs and enchants, as long as they need it and the price is right.

But seriously, ditch the pie concept. Apart from "find out what sells and sell it", you've just wasted 15 minutes of my life with this pie and brought nothing of value to the table whatsoever.

Anyone should sell whatever they have to sell to the extent it makes sense to sell it. And if they have to farm for it, I wouldn't exactly reccommending farming for BOEs and specific transmog gear, which leaves trade goods and craftables.

[Tycra]

IMHO this video explains server economy pretty accurately.
Obviously transmog / trade goods etc will sell on every server but the amount of time it takes to sell varies heavily on your server choice.
For example transmog markets tend to be bigger on RP servers, whereas on PvE/PvP servers transmog still sell but you would definetly make more gold out of trade goods / enchants etc.

I'd never advice farming greens or trade goods, because it is tedious and boring. Look out for low cost items and immediately start flipping. It's way more fun and you'll understand your server economy much better.