Posts with tag selling

Every week, WoW Insider brings you Gold Capped, in which Basil "Euripides" Berntsen and Fox Van Allen aim to show you how to make money on the Auction House. Check out Fox and Basil's reboot of Call To Auction, and email Basil with your questions, comments, or hate mail!

There's a fairly simple way to make gold without professions: Sell summons to a pick-pocketable Hagara to rogues looking to get their legendary quest starter daggers, Vengeance and Fear. These are the most accessible rogue weapons, because aside from picking the pocket of the fourth boss in a raid instance, the quest can be easily completed with a 10k gold and a minimum amount of help. These daggers are the best entry-level options for rogues who PvP or PvE, available as soon as they hit 85 and are capable of completing the quest.

If players are raiders, they'll probably get it for free just by being in a raid that gets to Hagara; however, if all they do is PvP or casual PvE through the Raid and Dungeon Finders, they won't be able to get the first leg of the quest finished. Within a few weeks, most rogues who want to start the quest will have started it. Until then, I've heard of non-raiding rogues paying as much as 25k for the opportunity to pick Hagara's pockets.

Every week, WoW Insider brings you Gold Capped, in which Basil "Euripides" Berntsen aims to show you how to make money on the auction house. Email Basil with your questions, comments, or hate mail!

When was the last time you saw trade chat used to actually trade more than Chuck Norris jokes? Interestingly, it can actually be used for making gold! This might be a bit of a paradigm shift, so bear with me here.

Trade chat is simultaneously one of the most overused and underused tools in our toolbox. Non-auctioneers sometimes use it almost exclusively because the addon-free auction house is intimidatingly badly designed. Gold-making pros sometimes get so wrapped up in their own business that we miss out potentially profitable chats.

So how can you use trade chat to profit?

Every week, WoW Insider brings you Gold Capped, in which Basil "Euripides" Berntsen aims to show you how to make money on the auction house. Email Basil with your questions, comments, or hate mail!

Everyone who gets into the auction house to make tons of gold immediately assumes that it's done by buying low and selling high. Seems simple enough, and it's one of those chestnuts that we've all heard Wall Street types talking about. Brokerage takes no trade skills, no addons, and it feels like making money from nothing.

A lot of what I've written about for this column has focused on how to use trade skills for profit, but the truth is that brokerage really can be a profitable use of your time. It's not as easy as it sounds, but assuming you have a solid understanding of what you're doing, you can use it to good effect.

Every week (since Feb. 14, 2010), WoW Insider brings you Gold Capped, in which Basil "Euripides" Berntsen aims to show you how to make money on the auction house. Email Basil with your questions, hate mail, or guild applications!

edit: This post introduces the addon and concepts, but for a hands on setup guide, check out the basic and advanced posts.

I have been playing around with a new addon, TradeSkillMaster. I've talked about a whole slew of other tools players can use to make money before, but none of them are anywhere near as awesome as TSM. Before I jump in, though, you should all probably know that this addon is still in beta. There are a few little bugs I've encountered (and reported), but the addon works very well in its current state. Please note that when you download the addon, you will need to download each module separately, as the entirety of the addon's functionality is accessed through the modules. They are linked in the description section of the TSM main page, but if you have a Curse Premium account, you can get them all at once.

TSM is now my main tool for every single one of the markets I'm active in. That said, Sapu, the creator of the addon, needs help. He's done 95% of the code on the project so far, so if any of you are looking for an opportunity to work on an exciting and popular World of Warcraft addon project, I'd be just thrilled if it was this one. Down to business: what does TradeSkillMaster do, and why am I so excited that I wrote a post about it before it's done?

Insider Trader is a column about professions, written by Basil "Euripides" Berntsen, who also writes Gold Capped. This week, we're discussing something near and dear to every trade skill user's heart: prices -- specifically, how to get better prices.

You remember The Undermine Journal, right? Here's what I wrote when I discovered the alpha. The creators have been busy managing the growth of the site, adding servers and realms, as well as periodically adding new functionality. It's in beta now, and they just added the most interesting feature: market alerts.

You can now set up the site to email you every time stuff you're looking for hits a certain price. For example, if you are buying Saronite Ore to prospect so you can take advantage of the removal of the epic gem transmute cooldown removal in patch 4.0, you can go to your realm on The Undermine Journal and set it up so it will email you whenever the price goes down to your target.

Every week, Gold Capped (from Basil "Euripides" Berntsen) aims to educate players about how to make money on the auction house. For the inside line on crafting for disenchanting, transmutation, cross-faction arbitrage and more, check in every Wednesday. Also, feel free to email Basil any comments, questions or hate mail!

Quick Auctions Poster is here, and it's going to change your life. It was written by one of the auctioneers who inhabit the Just My Two Copper forums, and here's the description of what it does, straight from the download page:

This addon is a plugin for Quick Auctions that adds a checkbox to the auction house posting frame with which you can toggle continuous scanning and posting of Quick Auctions. It saves you the effort of hitting the post button whenever a scan has finished. Sadly, because this Quick Auctions button doesn't have a name and its function is private, this action can't be macroed, but this addon manages to obtain the correct button and simulates a click on it.

In essence, you can fill your bags up with stock, and instead of using QA3 to post a single batch, it will keep refreshing your scan for you while you wander off to do something else. It will keep automatically undercutting everyone until you run out of stock.

Every week, Gold Capped brings you tips on how to make money on the auction house. This article from inscription specialist Steve Zamboni has been brought to you by Seed, the Aol guest writer program that brings your words to WoW.com.

Almost all auction house tactics revolve around the undercut. It may be a single copper, a few silver or a few gold, or a freefall drop down to the price of materials. Regardless of the amount or the frequency, most undercuts share a common misconception: that you're controlling the market with your undercuts. You're not. Your competitor has the control. By undercutting, you've just let your competitor decide your price. You've let your competitor set a cap on your profits -- and more, you've agreed to accept even less with your undercut.

The inscription market sees more than its fair share of this, sometimes on a large scale. The low deposits encourage large number of postings, followed by even larger numbers of cancellations and repostings. Prices fall as each new poster accepts and trumps the previous poster's prices, until the market falls to the cost of materials and the walls go up. The final wall signals a complete loss of market control.

Once it's up, it no longer matters who built the wall. If it's your wall, you can't raise prices until the competition perched above you goes away. If it's not your wall, you can't raise prices on your auctions until someone breaks the wall. Stalemate, and out come the piña coladas.

Want to get Gold Capped? This column shows you how. Join author Basil "Euripides" Berntsen, also of outdps.com, the Hunting Party podcast and the Call to Auction podcast.

Alchemy is an awesome way to make money in WoW. As we've said before, some businesses are proactive, requiring you to invest time and money in order to make profits. Some are reactive, allowing you to use a cooldown to craft something that's in demand for smallish volume of sales at high profit. Alchemy is unique in the sense that it allows you to both! You can craft and sell potions, flasks and elixirs, and you can transmute an epic gem once a day and Titanium Bars without a cooldown since patch 3.3.

Want to get Gold Capped? This column will show you how, and is written by Basil "Euripides" Berntsen, also of outdps.com, the hunting party podcast, and the call to auction podcast.

Auctioneer is a wonderful addon I've mentioned a few times already, and today we're going to talk about how to use it to sell your goods efficiently. First up, go download and install it. Now, when you open the auction house, you will see a different interface. We'll be going over a bunch of other useful functionality this has in another post, but today, we're focusing on selling. Do a quick scan by clicking on the fast forward arrow:


You should make a point of scanning the AH this way as often as possible, but generally not more than a few times a day. I do it every two days, or whenever I need the data. This allows auctioneer to learn what items are worth in your economy, by keeping track of the listing price over time.

There are changes afoot- PTR build 11599 had variables introduced that mention the mobile auction house. This means that we're probably due for a major AH redesign, and I am talking about more than just the nice "quality of life" changes which bring some popular addon functions into the default UI. I suspect Blizzard is going to have to redo some things from the ground up, so I figured I'd take this opportunity to pitch an idea.

Selling on the auction house is a "fire and forget it" asynchronous activity. You choose how often you want to check back and relist, but many people make all the money they need by simply posting 48 hour auctions. This should be how buying works. I think that it would make sense to allow people to post an open order the same way we can post auctions, which would allow people who are selling to choose whether to sell to an existing open order or put the auction up.

There is a certain party, a regular emailer to us among our readers, who believes that we here at WoW Insider take a little too long at the start of our posts to get to the actual point of each story, so in this one, I'll just get right down to it: Blizzard needs to put Auction House information on the Armory.

I've been on the grind to the 5000g for my epic flying mount lately, and I've been playing the Auction House like a demon: calculating, buying, selling, and crafting my way to as much gold as I can throw together. And while Auctioneer has definitely helped, the best way I've found to track prices and make sure I get the most for my time in the AH is just to see the prices themselves -- no average price calculated by Auctioneer is worth enough as seeing the real thing. And that's where Blizzard comes in -- while there are a few sites that attempt to track prices with various methods, they have actual, constant access to the prices on every server. And they have a great place to put them: on the Armory.

The item pages on the Armory right now are practically empty -- besides some vendor and reagent information, there's almost nothing there (especially compared to, say, Wowhead). Giving player access to AH information would pull them into the game even when they couldn't play, not to mention let some of Blizzard's most talented web programmers -- their fans -- at data that they could do tons of great stuff with. Want a text alert when your favorite mats drop in price, or when there's room on the AH to finally sell off those Elixirs of Agility you've got? By passing out AH info to the Armory, Blizzard could give fans access to the data needed to make their own great tools, not only leaving Blizzard free to work on actual development, but giving us Auction House haunters all the access we need to track prices and have that much more fun playing the AH.

Now that Blizzard has confirmed that beta keys from Blizzcon 07 and Worldwide Invitation 08 will be used to get into the Wrath of the Lich King test, they've become a pretty hot commodity. Sure they're for sale on eBay ranging from about $200 to $600, but what are they worth. I kind of wish I'd been able to go to one of those events to guarantee a spot in the beta. This same thing happened during the beta release of the Burning Crusade.

Cheesytacos of Dragonblight thinks it's unfair to folks who win the beta lottery that folks are selling their beta keys for profit. For those willing to part with their keys, the sale price is at least worth the price of admission. I have to admit, it's well, annoying that folks who went to Blizzard's little soirées are granted passes into the new content. We come across the issue of property ownership many times in WoW.

In general the assumption is that all things WoW are not actually the property of the players but of Blizzard. Are beta keys the property of the key holders to do with what they please until activation?

The economy in WoW has some interesting nuances. Players spend oodles of WoW gold on their crafting professions, and sometimes manage to turn a tidy profit. I'm often surprised to see some items that are strongly in-demand, like Light Feathers. Shrewd players use the auction house to build their bankrolls. Lomentari of EU-Draenor is exasperated with people who fail to use the auction house "properly."

She is angry that other crafters are selling the same product she creates for several gold lower than her preferred price. The items are placed on the auction house en masse at the low low rate, which the original poster blames on Leather Workers skilling up. She feels powerless to do anything about her "massive money loss." The original poster is willing to accept small cuts in pricing, but has a hard time deal with steep declines in prices.

There's a new game in town, and Artirius of the Aerie Peak server has noticed it, and admittedly, so have I. With attunements gone, it is now possible for any level 70 to go in and see tier 5 and 6 content whenever they want. Of course, they don't generally have a prayer of actually downing bosses unless they have 20-24 well geared people to help them out.

That's where gold comes in. With a few thousand gold, you can buy your way into a tier 6 group that doesn't need the tier 6 armor and go along for the ride. A few hours later, you come out on the other end with Illidan dead and a few shiny new drops, even if you've never set foot in Karazhan.

It's not just people trying to buy these slots in the trade channel either. As Artirius observes, many raid groups are actively soliciting for buyers for their raid slots. On my own server, one Horde group is trading tier 6 runs for large quantities of certain herbs, promising that all but a few select drops will go to the people who buy their slots with stacks of Netherbloom and Ghost Mushrooms.

So what's causing this?

Every Monday Scott Andrews contributes Officers' Quarters, a column about the ins and outs of guild leadership.

Once your guild purchases all the bank vaults you need, your bank will start accumulating gold without a clear purpose for how to spend it. As the donations and requests from members roll in, it's up to us as officers to decide. The author of this week's e-mail is concerned about the way his fellow officers are using the gold.

I recently became a low-ranking officer in a guild after demonstrating utility in knowledge, generosity, and helpfulness to my guildmates. When this occurred I decided to take a proactive approach to the guild and began lobbying for a new guild tab to open up to the lower ranking members. Everyone seemed supportive of this until I started digging into the financials. It seems as if the current state of the guild is members deposit, and the main officers withdraw it fairly quickly. For example in the last week or so 11 members (including myself) deposited a total of about 37 Gold while 4 officers withdrew over 50 Gold.