Showing posts with label Auction House. Show all posts
Showing posts with label Auction House. Show all posts

Monday, May 9, 2011

Quick tip

Got Inscription to 504 tonight. That last stretch is a real bear. I really want to be able to make the Darkmoon cards, but not sure I want to sink the gold into the mats for the relics for skill ups. The glyph market on my server is strange. I fully expected to be raking in the cash by now, but I've sold a total of three glyphs. I'm on what I think is one of the original servers, and there doesn't appear to be a lot of folks leveling that need glyphs. Maybe it'll pick up, not sure. Admittedly I've been in the glyph market for two whole days, so perhaps I should take Kathroman's advice and Just Wait. I did make a nice little pile on the mysterious fortune cards though. Think I'll keep making those as long as herb prices hold where they are.

Now to the tip: Obsidium Skeleton Keys. I had made a few of these when skilling up BS on my rogue and forgot about them. Then figured I would try to sell them and to my surprise, after a few clever barks, they sold like hotcakes. Unfortunately, the price of obsidium ore/bars has been prohibitive to them recently for me, but it dropped enough tonight that I put up a few more for 20g each. Two folded obsidium makes two keys, so that's eight ore per key. I picked up the ore for roughly 1g 50s each, which means eight cost me 12g. If the keys sell at 20g, that's 8g profit per key. Not too shabby, hopefully ore stays that low, as I'm currently the only person on my server making them. 

Some of the ads I've used to sell them are: (I should note that my ads get a bit cheeky at times, I have quite a following in /2 on my server to see what I'll come up with, but that's a post for another time.)

"Tired of looking for a rogue to open that lockbox that you just KNOW has a purple in it? Why wait?! Head to your local AH and pick up some Obsidium Skeleton Keys! No BS skill required!"

"Screw rogues and their lock picks! Your local AH is now stocked with Obsidium Skeleton Keys for all of your lockbox opening needs! No BS skill required!" (This one is usually followed by "Just kidding rogues, I love you all! Buy my stuff!")

And one of my personal favorites that due to a whisper I received I know led directly to the sale of ten keys:

"Can't find a rogue to open those lockboxes clogging up your bags? Head to the AH and buy Obsidium Skeleton Keys now! No BS skill required! To use them anyway, selling them requires some BS skills...."

Oh look, second post!

I know I promised a shout out post, but since this blog is primarily about my gold making experience, I thought I should start with what I did last night.

My brother quit playing recently and had a lonely 85 shaman on his account. I felt sorry for the big lug so I took him in, made him a goblin, and made him my own. He had a 485 JC skill and a whopping 112 alchemy. I thought about raising the alchemy to have a second xmute available, but then I remembered allll those gold bloggers talking about the gold mine that is inscription. So, I took the leap. I dropped his pathetic alchemy, picked up inscription and started skilling up.

Now for the first shout out, I managed to go from 0 to roughly 350 skill in about an hour and a half last night, due mainly to my wonderful girlfriend. Allow you me to introduce you to my packrat girlfriend, from now on: PG. PG has also been playing since vanilla. She, however, has never had the same money issues I have. Whereas I think "OOooo, I want that BoE, but I can't afford it", PG thinks "Hey, I can make that!" She has every tradeskill at max levels, some of them more than once. She has two fully opened guild banks packed to the brim (until last night) with every tradeskill mat you can think of. She never walks past a mining node, herb, unskinned mob, etc. Her guild banks would make gold farmers go weak in the knees. If she ever decided she wanted to own the server, she probably has the stock to make it happen. I'm just glad she's not decided to put her considerable resources and intellect into play in the AH market.

So, thanks to PG supplying me with a VAST amount of herbs to get a leg up, I cut a big dent into the price of skilling inscription thus far. I sent him 2k to get started and when I quit I had about 1300 left. I had to buy a few herbs here and there to get over the hump to the next ink. As I was skilling up, I took profit into consideration and whenever possible made the more profitable glyph if it was a comparable chance at skill up. I didn't have time to do the math this morning, but I'm 100% confident that once the glyphs sell, I will have MADE money raising inscription. That's a first for me. Normally, when I decide I want to raise a tradeskill it means sinking a ton of time, money, and PG's mats into it at a loss. This time, I sank a little time, a little money, and a lot of PG's mats into it but stand to make a killing. Once I get liquid enough, she definitely has a present heading her way.

While posting the glyphs I had made, I came to the realization that there is apparently no one controlling the glyph market on my server. I would go to post a glyph, and see the undercut price as 1g something, and think "WTF?" Looking at the current auctions, there would be 2-3 for 300g each, then 5-6 for 3g or less. Using TUJ, I found the median price for them, bought the cheap ones, and put them plus the ones I had made back up for median price. It'll take some doing, but I think I can regulate and control the glyph market once I get all or most of the glyphs. Can you say CHA-CHING?!?

At this point, some of you might be thinking "Wow he talks a lot." I should have mentioned in the first post, I'm quite the loquacious bastard in text. Don't worry, I'm winding up.

Now, for another shout out. Big thanks to Fluxdada at Power Word: Gold. Not only is his blog the one that convinced me that I CAN make money, its given me a lot of the early tips I used to build my bankroll, and his directory of gold blogs is an amazing resource.  I'll write more about some of the others later, but Fluxdada has been instrumental in my early success in game, as well as helping me set up my blog. If you're reading this, chances are you came here from there, but on the off chance you found me from somewhere else, check him out!

Sunday, May 8, 2011

Welcome to the Well Dressed Orc

Hey, how's it goin?

So what's goin on here? Well, I've decided that writing a blog may help me focus my efforts on conquering the WoW economy. A little background info is in order, I suppose.

I've played WoW since vanilla, with the exception of BC. I skipped pretty much that whole expansion due to burn out and real life. I came back shortly before the Wrath launch and have been active since then. I consider myself a casual player, with hardcore tendencies. If it weren't for my dear friends and family in my guild, I would probably be in one of the hardcore raiding guilds. As it is, I content myself with leading raids for our merry band of misfits and am quite happy doing so. I've done it all, topped dps meters, been the hero tank, and the go-to healer. Currently my main is a bear tank, with my beloved combat rogue getting as much playtime as I can squeeze in, and I'm beginning to love pvp on my resto shaman.

The one thing I've never been in WoW is rich. I've gotten by, always had enough to pay repair bills, buy flasks, buff food, etc. But I've never been able to spring for the sweet BoE's I saw in /2 and on the AH, and my enchants are always just a little worse than they could be because I have to settle for what's affordable instead of what's BiS. I recently decided to do something about that. Enter Well Dressed Orc, stage right.

At the time my experiment started (about two weeks ago) my druid was 85 and had max herbalism/alchemy, my rogue was 85 with almost max JC/BS, and my pally was 82 with max mining and maybe 460 engineering. They all had roughly 2k gold on them. I took 1k from each and funded a new AH toon. I looked around on the 'net and found a ton of useful information to help me get started. I'll do another post later with resources and shout outs, this is already getting to be a wall o text. Fast forward a couple of weeks, and my AH toon is sitting on roughly 25k gold plus roughly 200 active auctions.

Along the way I've made some mistakes, some discoveries, some enemies, and some new friends. This blog will, hopefully, be an ongoing diary of my journey to WoW riches and I'll try to impart some wisdom, tips and levity to others seeking to do the same.

Coming soon:

Shout outs to the members of the gold blogging community who have helped thus far!
Review of Alto's Gold Guide
Tips and tricks that helped me turn 3k into 20k
Mistakes that kept me from turning 3k into 30k or more
Tools and references for the WoW millionaire in the making
And more!