Monday, 7 June 2010

Dipping in my toe

I said that I was encouraged to do this by reading other Bloggers, particularly Stockpile. Let me explain a little better. I read WoW.com near enough daily. From here I found out about the gold bloggers. Those who talk about tricks involving the auction house and how to play it to make money. I dabbled a bit using the odd trick or too but never really gave it a go. I carried on reading the odd blog but didn't do much about it.

Roll forward to last week. I visit the blogs again. First time in a few months and I read about this other blog. One where the blogger hasn't just made a lot of money but an obscene amount of money, at least to me. And he describes very well how he went about it. So I thought I would try and see how I did.

Okay to start with, my capital. Well, I started with over 15,000g. Not sure exactly how much. And how much of this have I invested into getting started? I would probably say less than 500g. Why so little. Well, I am testing the waters. Trying out a few of the tricks. And if I find that some of this is working well, well, more will be spent to make more. But the other reason so little was spent is that I already have large stocks of materials. Every character on my account on the realm I play has his own private guild and each guild has 2-5 bank tabs. I have 40 bank tabs in total. And my girlfriends account has some additional private guilds of her own as well as being in two of my guilds (or me in hers if you want to be more accurate) amounting to an additional 25 tabs. That is 65 bank tabs in total. Not all of them are full but there are largish stocks of some items. And these have been gathered for our own private use.

You see, anything I pick up that can be used I usually store for later use. Got some raw meat? Send it to the guy who holds that. How about that cloth? off to the tailors it goes. What about those raw gems? Send them to the jewelers for storing for a time we need a specific gem cut. Yep, that's right. Thousands of gold worth of stuff just sitting there. In some cases I have been storing some stuff for years. Ready for when I need it.

How many people here are reading this in disbelief? Hands up! Okay, I lost count. Now, there was a method to my madness. I have lots of alts. Between me and my girlfriend we have 20 characters that need leveling and all need their professions leveling. They may also need specific items made by others. By having the items to hand I have been able to power level our professions. And why not just buy the stuff we need off the auction house? Well, I wasn't going to pay what I considered inflated prices. Not unless I really really needed to.

So, there I am with a large amount of items and some suggestions on how to proceed. So what have I done? Not much. But I have had some small success so far.

Late last week, due to a suggestion on a couple of blogs, I popped to the Stormspire and bought 12 each of the Cat Carrier (Siamese), Red Moth Egg and Brown Rabbit Crate. I stuck one each of these on the auction house at 30g BO after sending them to the character who stores pets (yes, I have pets in storage, I'll post a screen shot one day and then hear the cries of outrage). So far only the rabbits have sold and only 3 of those.

Over the weekend I attempted in trying other markets too. On Saturday I started selling Enchant Scrolls. Over the weekend I managed to sell a few Fiery Weapon and Weapon Agility, again bought with materials in storage. I was quite pleased with those sales and will look to developing more in the future.

I also gathered materials from several storage places and made a number of the engineering pets. I concentrated on Pet Bombling, Lil' Smoky and Lifelike Mechanical Toad. I have managed to sell one of the Bombling's for just over 100g but I have sold at least 2 toads and 2 Smokys for over 240g and 200g respectively. Have made a few to store to ensure I always have one to replace a sold one. I only keep one of each on the AH at a time.

I then experimented with netherweave bags. I saw the selling price was over 8g and cloth was going 4g a stack. Bought 4 stacks, converted to bags and put them up. Checked back an hour later and they all gone so bought 10 stacks, converted and posted. A couple of hours later 8 had sold but I had a few auctions lower than me. I thought to buy some more cloth on to find all the auctions had gone except for around a dozen going for nearly 20g a stack. Decided to call it quits for that for the day.

The last thing I tried was later in the evening on the Sunday. I made a bunch of Death Knight glyphs (5 each of around 10-12 of those suggested by Stockpile). I posted these with the standard undercutting settings in Auctioneer and left it at that. I have sold some of them when I checked back the following day.

So, how is it going do I think. I have dipped my toe in the water and haven't last it to anything yet. I haven't found it too hot, nor too cold. I think it might be something I can try. I have a lot more work ahead of me. I need to configure the addons I have got as advised by these blogs. I also recognise that there are already some established players here too from names I have seen posting a lot of stuff. But things may be looking promising. How have I done? Well I am up to over 19,500g. In future I will be making notes of how much I am making through this. I know it will be more than I make through my normal methods. And if I do well? Well, I have the bloggers here to thank.

No comments:

Post a Comment