What if I told you that you can make a ton of gold in only a few minutes a day without all that usual instance grinding, daily questing or making items for sale with your profession.
Sounds hard to believe… and most sites will ask you for some sort of payment to receive their “ultimate gold making guide” blah blah blah. I’ve seen those guides and they tell you what you already know: go here, kill these mobs, use this skill to make this item to sell for this much… oh and something like “don’t list your items at a price just a bit lower than competitors in order to sell it”. I guess if you are the type that likes to follow the game word for word and do exactly what those guides tell you then you could go ahead and waste your money on one of them. Just like the leveling addon that supposedly tells you how to level in the shortest amount of time (do you really want to follow every step they tell you? what is the point of playing the game?!)
Anyway, my secret (if you call it a secret) is FREE and its 100% legitimate because you are not using anything but your brain and bargaining power which last time I checked were legal in the real world and the gaming world. Why do you ask I would give this away?
No I am not rich in the game myself, in fact I am the opposite. The reason is simple: I am lazy and have retired my ways of easy gold making to focus on heroic instances, reputation rewards and PVP. This method only requires ONE thing of you, and that is to have a toon parked near the Auction House for quick access. Yes, this is an Auction House gold making Guide! How else do you expect to make thousands of gold VERY fast?! Duh! There are no hacks or cheats, nor would you want to participate in that sort of thing. Expecting to hear about Auctioneer and buying low selling high? Won’t happen, there is already a guide out there for that and if you wish to read that nonsense – go ahead. If there is such a thing as I am about to explain, then why isn’t everyone doing it? Answer: People by nature are 1. Lazy 2. Lazy 3. Scared to spend their precious gold that they gathered through hours of grinding whatever it is they like to grind…
Here it is, FREE gold making guide for World of Warcraft. Sustainable control over the market and all of its participants. Huh? What’s that you say? Let me give you a simple example: Before WoTLK “bandit” items were really popular among pvp participants who did not have their epic gear due to lack of play time. Even though bandit items were pretty common drops, people were still willing to purchase them from the Auction House for an average price of 7-15g per armor and 10-30g for a weapon. That is a lot of gold for a green item! Not to mention that YOU WOULD HAVE sold them for 30-50g per armor and 30-70g per weapon. How? By eliminating MOST of your competition – buying out their cheap items and re-listing them for more. Unfortunately this is not a cookie – cutter format you would like to see and it is here, at this point where we eliminate a lot of you slackers out there. Gone. Go read some other nonsense guide that tells you what you already know. For those of you who are sticking around, read on…
You might have a lot of questions or concerns at this point: “You idiot, green items are no longer popular with WoTLK since you can get all of your nice items from quests!” Or you might be thinking: “well, how the heck do I know what to buy and sell” or “what if I purchase all of the items that I wish to resell and some idiot decides to put his items (that he had sitting around in a bank) on the Auction House just a few gold cheaper after seeing my prices and realizing the potential”. Well, at least now I got you thinking and using your brain! Lets see, what do financial advisers tell your mom and dad about investing their money? “Play it safe, DIVERSIFY” This is very True. Just like the real world, in the world of WARCRAFT (no pun intended) a wise investor must diversify among different investments. Don’t just buy out one kind of an item. Don’t spend all of your money on some “hot” armor that you think will sell no matter what and leave yourself broke to see others place theirs for half the price. At this point you probably have even more questions…
Lets have a questions and answers session:
1. How do I make gold if I don’t have any to begin with?
Answer: Kill a few mobs, get something to work with even if its just a few silver. (I started with 5 silver and went to 5k in just my spare time pre-wotlk) Start applying the “buy low, sell high” principle until you have something substantial to work with. You can always focus on lower level items since a lot of higher levels buy them for their alts.
2. How do I know what the price limit is for an item?
Answer: You can get auctioneer if you feel like it and observe the price changes or if you are like me, just observe the auction house a few minutes a day to see how the prices fluctuate. Also, play around with prices, jack them way up to see what happens. (I have listed low level green items on many occasions for 300g + and actually sold them!)
I got control of 100 + items in the same category and then some airhead put up his 10 items for half my price, what do I do?
Answer: Be patient. Just like the stock market, prices go up and down. Someone decides to mess with you, let them. Either their items will sell fast so that yours can start selling as well, or they will keep lowering the prices after they realize that nobody is buying them. On the bright side: if their items sell fast, well its time for yours to sell as well. If theirs keep dropping in price because nobody wants them (due to a slow economic period) all the better! Buy their items once they reach that “reasonable” price!
A slow economic period? What are you talking about?
Just like the real world, believe it or not, the virtual world within WoW is very similar. Your chances of selling items are greater when the server has more people on (duh!) There will be times when it seems your item has fallen out of the “hot” category and is no longer desired, but in reality its just a slow time when nobody is spending their PRECIOUS gold or simply less people are playing at any given time. This is why I stress the importance of diversifying your goods. Have something other than armor to sell, find weapons, gem stones, quest items, epic items, whatever it is that seems to be the hot ticket item on your server. While one item seems very slow on sales, another might be pulling you up while the slow one recovers.
How do I know what’s “hot” on my server?
Answer: Observe the auction house, see what sells fast. You can also ask around! Ask your guildies what they have sold. Observe the auction house item quantities and prices. If an item is going for a lot but there are only a few competitors, chances are that item is really good or someone is pulling the same trick you are. Play the game, CHECK THE STATS. If the item looks like something that You would want for one of your characters, chances are its good to sell! Other things to keep in mind: Consumables (everyone needs them just like the real food we buy irl). Ore, cloth, gems, hard to get quest items, specialty items with bonuses to trade skills, EPIC items, especially good greens for leveling. – think of the bandit items I mentioned earlier. My server has good sales for Titansteel, Abyss Crystals, any kind of cloth, ore, bars and level 80 epics. Possibilities are endless you just need to keep an eye on things that seem to sell well. This is why this guide focuses on making gold in your off-time when you are just logging in for a few minutes to replace your items on the AH or to collect the gold!
All of this sounds wonderful, but I simply don’t have any gold because I’m level 5!
Answer: Good for you, I made most of my fortune on a level 3 character who I happened to run to Stormwind from the newbie zone. Like I said, start small, move onto bigger things. Nobody becomes a millionaire in real life without first taking some smaller steps (unless they are a genius and I am certainly not one). There are some very rich people in WoW but they didn’t get there over night, in fact they probably worked their butts off to be where they are. I made over 5k + all sorts of high level enchants for my future characters on a level 3 who could barely kill anything. Now think of a level 80 and the potential there. The more gold you can get to play around with, the bigger toys you can buy!
Why won’t you just tell me what to buy and what to sell, step by step??
Answer: Every server is different, each has its own economies. Server populations vary greatly and some items are not in demand as others depending on the age of the server and progression of its population. If everyone in your server (impossible) has done Heroic Naxxramas, do you really think you will make any gold selling +5 agility gems? I doubt it.
If you are reading all of this and are thinking “well this is just too much work” IT IS NOT! I used to log on my AH parked alt every day twice a day and make over 600g a day in just a few minutes of running to my mailbox and back to the auction house. You are not supposed to sit there parked all day, that is why I encourage people to PLAY their characters and do this in your downtimes. So you ran all heroics for the day, so you got 2k gold in one day, why not turn that 2k into 10? Most people are afraid to spend their hard earned money and there is nothing wrong with that. However, it takes money to make money. A little knowledge goes a long way in WoW and real life itself. How do you think retailers do what they do? How do you think online business are booming? People buy things all the time! However, in order to have products to offer, you must spend some of your own cash (unless you know of a loan officer in wow, please let me know!)
This is a very simple strategy and works all of the time if you make sure to diversify in items. You don’t have to spread your cash, you could focus on a single category of items. Remember: the narrower your focus is, the higher the risk (the more spread out your product line is – the lower the risk) just like a typical real life investment.
Don’t Just sit there! Go try it out! Auctioneer is great for beginners to get acquainted with their auction house. As long as you are buying and selling, you are safe in the game. Market manipulation is a whole other story that can get you insanely rich and banned most likely but that is not the topic of this article. If you wish to make gold, try this strategy and you won’t be disappointed.
