WoW Economy Weekly Wrap-Up: Account Actions, Guide Playlist, Motivations & Streamers

Wowhead Criado 14/10/2017 em 10:33 por Gumdrops

check out the previous articles right here on wowhead.comGumdrops/r/woweconomy subredditDiscord serverTradeSkillMaster

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/u/hikons made the most of this opportunity

50%+ stock of all herbs got knocked out overnight on my main realm; and i just bought out and reset every single, non Starlight Rose herb to 200g+ each.
I have a huge surplus (45-50k) of Starlight Rose that I stocked up on a couple weeks before 7.3 dropped and prices on those are still high enough that i didn't bother to reset those, but it might be worth taking a look at on your realms if there's any cheapo strays.

don't cheatBregVids finalised his most recent video seriesBreg detailed them in a reddit postBreg

Before we begin I want to tell you a little bit about myself. I have been playing WoW since Vanilla but more seriously since Wrath. I have been actively trying to make gold since late MoP, and have probably made around 60 million profit since then . I do 0 farming for materials, so if you are mostly interested in farming then this guide is probably not for you :D
Across my streams and videos I always get asked the same basic questions: How do I make gold? How do I make more gold? How do I make millions? In an overarching attempt to answer these questions, I have recently created a video series: How to Make Gold.

https://www.youtube.com/playlist?list=PLiBaSvXdhe3x7RMt7jEHTEKug-rdwy758

This may seem like an irrelevant step, but as the goblins always say: time is money, friend. Having space to store, as well as a bank alt with no gear/AP tokens/trash from world quests filling up their bags, will save you much more time in the long run. I repost thousands of auctions per day, and would have to take many more trips from the auction house to mailbox if I didn't use a bank alt with 130+ free bag slots.

To start being able to craft/flip/invest, you need some initial gold. I think 100k is good enough, but how do you get here? Perhaps you are a new player stuck on 10k? Well this is the part of the series where I step aside and let some other content creators take charge. As I say at the start of this post, I do not like farming, and am not great at it either. In MY OPINION, crafting/flipping is a much more efficient way to make gold, and that is what I concentrate on in this series. However many people enjoy farming, and there is no denying that it is the fastest way to get some starting capital.

If you want to be serious about making gold, including maximising your efficiency, then I would argue it is CRUCIAL that you learn TradeSkillMaster 3. This is the best gold making addon by far, and for posting large amounts of items, for crafting, for flipping, for sniping, for undercutting, for everything, it is a requirement. It also gives you up to date information on every item... you mouse-over an item and it tells you the current price of that item on your auction house = AWESOME

Here is where the REAL gold making starts. So you go to Dalaran and you learn some professions (not gathering eww). Do all the quests from Dalaran for those professions, and once you're done with the quest chain you go buy the other recipes from the vendor next to the profession trainer. Finally you go try get the rank 2s/3s if you can be bothered (these are usually from exalted reputation/Heroic dungeons. Ideally you want to do this on your alts as well and get all 8 of the crafting professions (so 4 level 110s). But you can always start with just 1 or 2 :) On my YouTube channel I have covered every single profession, going into exactly what is profitable and how you can make millions both from new legion stuff and old world transmogs/useful items.

Once you have a decent stream of income coming in from professions, you may wish to start joining the big hitters of gold making and try your hand at flipping. This is simple economics: buy low, sell high. Again, TSM is going to help you do this much easier via shopping operations. In the video I cover different aspects of flipping, and I will discuss 2 of those here. First is a market reset, here is where you buy out all of a certain item, and relist for a higher price. Here it is crucial you UNDERSTAND your market. You must know the average price of the item, and whether or not it sells frequently enough for you. Don't get too overexcited when resetting markets... if someone undercuts you, you must decide whether or not undercut them back, buy out their item, or just leave it. Again it comes down to knowing your markets and knowing the price ranges of items. If you reset Fogo Primevo to 1500gold, and someone undercuts you putting another 50 at 1300gold, it's probably not wise to buy that person out. You would be buying for well over market value, and there is no guarantee another person won't come and undercut you again, suddenly leaving you with thousands of primal fires you bought for crazy prices... Remember, you need to buy LOW and sell HIGH.

This is another aspect of gold making that should not be ignored. Investing basically involves purchasing an item or a number of the same item, storing it in the guild bank, waiting for the market price to rise and the relisting. This can be extremely lucrative. For example the Elixir da Mente Rápida generally go to around 10k gold during the Winter's Veil event. However a few months later they rise to around 100k gold on many EU servers. If you were to invest heavily and wait a few months, you can see a 10x increase in your gold :D Other examples of this can be seen in investing in raw materials/potions before a new patch/raid. When new patches hit, an increase in subscribers and more people wanting to try the latest content generally sees the prices of enchants/gems/potions/tomes increase = prices of the raw mats also increase.

Expanding is something every company / franchise / business must do when they reach a certain point, when they feel they are starting to hit the limits of their growth in the current market/area they are in. The same goes for your gold making... Let's say you are doing deep into the Inscription and Jewelcrating market on your server, and have seen huge success with these professions. A great way to expand would be to get another char and get 2 more professions = potentially doubling your profits. Eventually you should aim to have every profession covered, in order to reach every market on your server.

overview that Breg posted to the /r/woweconomy subreddit/u/aeroplax asks the community what keeps them going

I reached my goal in goldmaking, i bough the glorious spider mount which i was aiming for at the very start ( with some side-steps for other 'bigger-investments' of course) and now i don't really have a purpose.

When you don't feel the motivation the sense of achieving something, the urge to do something, what keeps you going? what is your motivation?

/u/xSlixxer expands

There is no point playing a game that isn't fun anymore, it's designed to pass your time while you're having fun, if you're not having fun any more you enter into the wasting time zone, why would you ever consider doing anything that isn't fun and have zero (0) impact on your life (unless it's your job, i.e you're a Youtuber or a streamer or a gold farmer) but I'm going to assume since you're asking this question you're not. So go do something else you find fun.

as /u/arganthe explains

Gold Making kept me in the game, not just for getting a specific amount of gold for something, but for the general aspect of the ingame economy and collection purposes.
My very first objective on WoW since I started playing was raiding. Back on Cataclysm I was always looking for pugs til I got in a raid group. With time I improved and ended up on my current realm's realm first list for a bunch of Pandaria raids.
After WoD tho I just had no motivation or desire to raid anymore. I was about to quit the game when I started to look up on my alts recipes and collections in general, since my main purpose on the game was collecting stuff, like mounts, pets and achievements. That was a thing that I used to do on my main everytime, and do that for my alts gave me a new perspective of the game, just for visiting old contents, get new itens... I do this every now and then and I never get bored of it.
But If none of that works for you anymore, just quit for a while might work for you. I mean, your account will still be there, you can get back anytime you want

/u/stevebobby describes

For me it's the Blizzard Account balance. I'm enjoying the money (gold) making aspect of the game, I have stomach for little else (grinding for gear, raiding, etc).
I also enjoy Hearthstone and I recently purchased Overwatch, so I was looking for something to feed the accounts and for future WoW expansions. So I intend to get my Blizzard Balance to the max($350 I think), have the max number of tokens possible (10 I think) before I am "done".
And when I say "done" I'm done until the next expansion as it always pulls me back, this way if it doesn't cost any RL money I don't mind.

/u/WiskyActual explains

It is getting close to the end of the xpac, kinda, so yes the market is going to start to dry up. Less people playing, less alts being leveled, almost no new players coming into the game. Less demand with same or greater supply. Keep an eye on your crafting/purchasing costs. Usually as the price of items go down the cost of mats change, sometimes you'll see mats selling for more, mainly cause of supply and demand. I forcast a slight increase in sales once next raid hits, and once the next xpac is announced the market will change.

as we discussed in last week's articlerecent discussion on the /r/woweconomy subreddit

Twitch Channel

Content

GumdropsTSM

TradeSkillMaster & Gold Making Q&A / Auction House Play

BunnyCuddle aka The Lazy Gold Maker

Auction House Play / Gold Making Challenge

BregVids

Auction House Play / Multiboxing

StudenAlbatroz

Farming / Loot Appraiser Challenges

Dozerbob

Auction House Play / Farming

itsskitz

Professions / Auction House Play

Xionik & Sheyrah

Auction House Play

SamadanPlaysWoW

New Gold Maker Journey

Arganthe

Auction House Play in Brazilian Portuguese

GoldGoblinNet

Auction House Play / Farming in German

/r/woweconomy subredditDiscord serverstreaming live on Twitch@GumdropsEU

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