Sunday, February 27, 2011

week 2 update

Olla folks - another week in the big city, another 20K closer to the target, more levels on the clock for my warlock.

This week my guy and his winged friend there passed through Deepholm, then Uldum and finally are now in the Twilight Highlands. I enjoyed these zones: Deepholm for its caverns and 'dungeoneering' feel (yes, I used to play AD&D - with dice!); Uldum for the wonderful birds eye movies with your toon front and centre; and now (at 84) I'm loving the Highlands as it again has that Northrend feel to it. I was afforded plenty of PVP as per usual and would like to give a special shoutout to the ret pally who landed next to me while I was at a questgiver in Uldum and squared off against me indicating he was ready for a match. While I'm not particularly into RP I thought this was an excellent way for a pally to behave and /bow(ed) at the completion of the festivities.

"Use the force, Luke." ... c'mon, I can't be the only one who thought that!

Now how about the gold making? Well, as alluded to I pulled in just under 21K this week:What you can't see is the 7K I spent on herbs but even so I had a surge in non-glyph sales. Here's a screeny to show you roughly what's moving and for how much: I should have but didn't take a shot of the huge run I had midweek on crafted BS and tailoring greens and blues. Thanks be to you O' levellers. : ) You can also see from the above that pets are going nicely, 70-80 BS gear still sells around the 100g mark and gems are still kicking goals. I've read on other gold blogs that cata blue gems are slowing - not on my server, we were slow to get going Alli side due to the large faction imbalance so these markets are still playing themselves out.Finally, I mentioned a while ago about Hyacinth Macaws and even further back about Argent Tournament pets. I bought most of these guys for around the 500g mark (the macaws closer to 5K of course) and am now busting them out.
The macaw I've got listed for the server 100% - I haven't seen any of these for ages now and still have one more in the bank. On the Argent Tournament pets I'm flying the kite at the 4500g mark hoping that the rarity will see them move - should be interesting to see what happens.
Stay liquid guys.

: )


Mogul.

Sunday, February 20, 2011

week 1 update

Week 1?!?

Hi folks - this all seems familiar but strange. The last time I was doing weekly updates was at the beginning of this journey, so what's going on now? Well, have a look below:

This week I pulled in about 29000g so am probably about 6 to 8 weeks away from capping the 1 million. Keeping a weekly update as I head for the new cap seems like fun.

This week about 75% of sales came from glyphs - blacksmithing midlevel blues continue to do well (81-83 crafted weapons in particular) and I think the faction is finally mature enough for me to get into alchemy properly again.

Got back into enchanting this week and will begin posting scrolls following spreadsheeting to determine my minimum sales position.

Best flip this week was finding four powerful spellthreads for 200g each. 800g later I had them all listed for 650g each - two have already sold.

Lotsa fun levelling this week - my lock is almost 83. I've levelled engineering on him to 450+ and am loving it. Little of fiscal value, my fellow engineers are pricing our few saleable items into the ground but fun, oh it's there. I have to go back and grind rep for my chopper but you get that. I've made my Roflcopter though and can report it's a hoot! : )

Lots of PVP, I've like to thank my grossly unbalanced server population for that. My kill ratio is still right up there - I'm pretty sure this is what locks were made for. ; ) Interestingly I've crafted pretty much everything I'm wearing, full deathsilk, trinks weapon, offhand, rings neck - my wand is the only thing I didn't create. No proper chants as yet, just a bunch of heavy savage stam patches. See below for a shot of my guy doing what he can for horde/alliance relations:

That's it for this update guys - looking forward to the coming week.

Stay liquid,


Mogul.

Tuesday, February 8, 2011

undermine journal

Hi folks – big and excellent news – the Undermine Journal is back up and running again.

For those of you who are not familiar with this site – get familiar! It’s going to show you who your competition is, how they post, what they’re posting and even give advice (based on mat pricing) on what price you should be selling your crafted gear for.

This is a GREAT site!

A side note – on the alliance faction on our server there are 13 top selling toons, four of which are mine ; )

Stay liquid,


M.

Tuesday, February 1, 2011

JMTC Blogging Carnival - How would you make gold if you had limited play time?

It’s almost the 2nd of the month and that means JMTC is hosting another gold making blogging carnival! This month’s topic is: How would you make gold if you had limited play time? I couldn’t resist this as it perfectly describes where I’m at with regards to my gold making.

I started playing WoW back just after BC came out – at that time I had a girlfriend. That girlfriend is now my wife and I’ve got two kiddies into the bargain, one at 7 months the other just gone 2 and a half years. I usually get some playtime once everyone has gone to bed for the evening – sometimes it’s a couple of hours, sometimes less.

I should say at the outset that for me a gaming session where I only play the AH and/or craft items is a good one. I really enjoy the mini-game that is making gold – hence the blog :P That said, I also like levelling, so…

Let me answer the question of how I make gold with limited play in one word: Handling!

Handling : definition
1. the manner of treating or dealing with something; management; treatment.

There are other definitions of course but this is the one that I think applies to making gold quickly and efficiently. You need to be mindful of the efficiency of your operation and try to do things with limited handling. If you’re spending all your time flicking between alts on a crafted item by item basis then you’re doing it wrong. You need to group your tasks so that you have as few links in the chain of your daily AH activities as you can.

For example, you have an alt who is your JC crafter and your glyph crafter. Before you swap to that alt to restock make sure your have done your mat buying first on your bankalt. And while you’re at it make sure you do all your buying for the evening at once and then send mats to your crafters, don’t flick.

People will tell you not to double handle but the opposite of that, single handling, is potentially more wasteful of your time. Imagine if you wanted to make a complex BS item which required a cloth element, a gem and a metal element. Under single handling you’d need to go to each one of your suppliers for each component before crafting and then do that all again for the next item.

So here’s my process:

Daily
Log on to bank alt
Collect sales
Repost
Make trade good purchases
Distribute goods to crafters

Log onto individual crafters
Use cooldowns
Carry out dailies
Create items to restock
Send items to bankalt

Log on to bankalt
Post

Every 48 Hours
Log onto each of my three glyph alts
Gather sales
Gather glyphs
Repost

Every week
Log on to glyph crafter
Gather mats
Mill
Create glyphs
Distribute to glyph alts
Post

That’s it in a nutshell people. There’s a couple more few things I should add though on the ‘handling’ front.

Post for 48 hours unless it’s going to make a difference
I post glyphs every 48 hours as I pretty much own that industry on server but gems, patches, potions are all posted daily due to competition. Metals are posted daily due to high listing costs but other areas such as rods and BS items where competition is low are posted every 48 hours. The upshot of all this is that your competition in each area should be your guide to frequency of posting.

Use your addons intelligently
I use Zero Auctions to post and keep my posting lists. Every single item I craft is automated by this program (well, such as the automation is in this post 4.0.1 world) from the bags of my bankalt. Simply, I craft something new I send it to my bankalt and after the posting is done I check what’s left in my bags and create new categories for the items or add to an old category. The exception to the rule is the netherweave bag market where margins can be quite small – I still like to do that manually. ; )

So that’s it folks – I’d like to thank the good folks over at JMTC for organising these carnivals and remember to check out the rest of the articles at the Wow Gold Blog Carnival! . This is my first run through and I’ve had a bunch of fun.

Stay liquid guys,


Mogul.