SO upon research done on my lunch break the pigment needed to make midnight ink is dusky pigment. Which can be gotten from mageroyal, briarthorn, stranglekelp, swiftthistle, and bruiseweed. These herbs average around 20g per stack of 20. So that eliminates them as a viable source for getting ink. Other herbs to take into account instead are the northrend herbs. They sell between 15g-20g a stack for adders tongue while not great i still plan to experiment and see what kind of profit i can make getting ink of the sea crafted and trading it for midnight ink.
The plan invest 500g in northrend herbs that ill have someone ink for me. Sell the snowfall ink to offset the cost of herbs. Trade ink of the sea for midnight ink and craft as many vellums as possible. Sell the vellums for a minimum of 4g profit preferably higher. Hopefully the combination of selling snowfall ink and weapon vellums will net me a profit of 500g. Ill better be able to project a estimate of profit once i have all the ink of the sea and snowfall ink crafted. While this is a fairly interesting idea this is just a trial run to see if the profit is worth further investment. I hope to keep my readers updated on how many herbs i buy, how much ink they produce, The amount that i get from selling snowfall ink so that i can offset the cost allowing me to make more profit from each vellum. I intend to tell you how many vellums i make and my strategy for selling them. Which will include how i intend to price them and stack sizes.
Wednesday, December 2
Inscription idea
AUTHOR NOTE:Please make sure to read the post update to idea. Some of my statements in this post are inaccurate and have been corrected in the update. It also contains my new strategy and goal for this process of making gold.
I was siting here thinking on how to make money from inscription without having to level my 61 DK and it hit me. Weapon Vellums I on my server there is almost no supply for these however the demand for them is fairly good. I believe these could be a potential gold mine because players making lower level weapon scrolls for twinks need them. Crusader Fiery agility life stealing all of these pre-bc enchants can be placed on a weapon vellum I and some enchanters focus exclusively on selling just these scrolls.
Why this could be a great gold mine. If i remember correctly weapon vellum I requires 2 midnight ink which i believe can be obtained from peace bloom the cheapest herb to get. So I'm just going to use hypothetical numbers here tomorrow ill post real calculations.
peacebloom x 20 = 2g max = about 6 inks if I'm lucky.
6 inks turns into 6 vellums. sell them for 1g each which means 6g- 2g cost =4g profit this is small but it can add up. Also this is hypothetical the vellums could sell for more max i would say probably 4g per vellum.bringing the total profit for a stack of peacebloom to 22g. While i wish these numbers were 100% correct they aren't ill create a post about my current market and the results from the experiment tomorrow or the next day depending on how quickly the vellums sell. Check your markets this could be a decent gold maker to supplement your income with a minimal investment.
I was siting here thinking on how to make money from inscription without having to level my 61 DK and it hit me. Weapon Vellums I on my server there is almost no supply for these however the demand for them is fairly good. I believe these could be a potential gold mine because players making lower level weapon scrolls for twinks need them. Crusader Fiery agility life stealing all of these pre-bc enchants can be placed on a weapon vellum I and some enchanters focus exclusively on selling just these scrolls.
Why this could be a great gold mine. If i remember correctly weapon vellum I requires 2 midnight ink which i believe can be obtained from peace bloom the cheapest herb to get. So I'm just going to use hypothetical numbers here tomorrow ill post real calculations.
peacebloom x 20 = 2g max = about 6 inks if I'm lucky.
6 inks turns into 6 vellums. sell them for 1g each which means 6g- 2g cost =4g profit this is small but it can add up. Also this is hypothetical the vellums could sell for more max i would say probably 4g per vellum.bringing the total profit for a stack of peacebloom to 22g. While i wish these numbers were 100% correct they aren't ill create a post about my current market and the results from the experiment tomorrow or the next day depending on how quickly the vellums sell. Check your markets this could be a decent gold maker to supplement your income with a minimal investment.
Monday, November 30
Current market
I started back in my usual markets this weekend netherweave bags were selling for around 14g i could get stacks from 4g-10g each so i had good profit from this. Epic gem prices have fallen around 150g for cut 30 stam gems. This is disappointing since this used to be a great market for steady income its still good just not as good. Enchanting materials were cheap so i created 5 crusader scrolls and 2 fiery currently crusaders are aroudn 200g per scroll and fiery is 50-75g.
Since i left it seems like the bag market has settled i only noticed 1 big player selling. This is good because it allows me to sell my bags at greater profit. II have been purchasing all the netherweave up to 10g so that my competition can not get the cheap mats hoping to keep prices high and stop a undercutting war. I may run into a problem with low supply of netherweave though and get kicked out of the market due to having no back stock.
I am going to level my DK to 65 so i can level inscription up to 450. I don't intend to be a big player in the glyph market however I am interested in weapon and armour vellum's III . They seem to sell well and could be a great income. Also the fort scroll that does a priest buff may offer another market to use.
While doing all of this i have been keeping up a bid low sell normal routine. it offers steady income however not as good as it used to be. I need to add more items to my snatch list Large brilliant shards righteous orbs and small radiant shards. IF i can keep a constant supply of these ill be able to keep in the scroll market and improve my income.
Is there any frostweave cloth items that can be crafted and De for profit? if so please leave a comment this could be a great market to get into. Also i need to look at frostweave bags if the cost is low enough profits on those bags could be impressive.
Since i left it seems like the bag market has settled i only noticed 1 big player selling. This is good because it allows me to sell my bags at greater profit. II have been purchasing all the netherweave up to 10g so that my competition can not get the cheap mats hoping to keep prices high and stop a undercutting war. I may run into a problem with low supply of netherweave though and get kicked out of the market due to having no back stock.
I am going to level my DK to 65 so i can level inscription up to 450. I don't intend to be a big player in the glyph market however I am interested in weapon and armour vellum's III . They seem to sell well and could be a great income. Also the fort scroll that does a priest buff may offer another market to use.
While doing all of this i have been keeping up a bid low sell normal routine. it offers steady income however not as good as it used to be. I need to add more items to my snatch list Large brilliant shards righteous orbs and small radiant shards. IF i can keep a constant supply of these ill be able to keep in the scroll market and improve my income.
Is there any frostweave cloth items that can be crafted and De for profit? if so please leave a comment this could be a great market to get into. Also i need to look at frostweave bags if the cost is low enough profits on those bags could be impressive.
Friday, November 27
Return to AH
So for my constant readers I'm sorry i left you guys abruptly and stopped posting. I just lost intrest in wow and the whole economic game of the AH. That and modern warfare 2 caught my attention and held it for a while. Im going to begin playing wow and working on the AH however I can not keep up daily post ill burn myself out and have a lot of post that are not worth it. Im going to try and keep my post paced doing 3 a week maybe more. I also will be looking into possibly creating a video or linking a video about the bid low sell normal strategy that i commonly use. Thank you guys for your support and I hope to become a valuable source of information again.
Tuesday, November 24
Markco Vs. Gevlon Blog wars
Recently I have not been reading blogs or blogging recently. LoL glad i missed the drama. I belive markco was making a valid offer personally i would link his gold guide for no profit because i dont blog for profit. Why would i do this because while it may not be useful to me there are people that prefer a guide format to completing a task or goal. PErsonally i belive gevlon could have used more tact his attempt to shame Marcko makes him look like an ass. However markcos error was trying to offer a deal to gevlon who has stated he does not like buying or selling gold or gold guides.
I see nothing wrong with markco trying to offer another blogger a way to get some cash. I also see nothing wrong with gevlon rejecting the offer. My problem lays with the two creating a flame war in their respective communities. Love or hate it they both have succesful blogs that tackle similar questions. They both have great post and crappy post. I just hope they both drop it so their followers will cut the crap and we can return to a happy blogging community with the goal of making gold
If you have no idea what im refering too go to greedygoblin.blogspot.com and look up last tuesdays post. Also check out JMTC.com To see a response by markco
I see nothing wrong with markco trying to offer another blogger a way to get some cash. I also see nothing wrong with gevlon rejecting the offer. My problem lays with the two creating a flame war in their respective communities. Love or hate it they both have succesful blogs that tackle similar questions. They both have great post and crappy post. I just hope they both drop it so their followers will cut the crap and we can return to a happy blogging community with the goal of making gold
If you have no idea what im refering too go to greedygoblin.blogspot.com and look up last tuesdays post. Also check out JMTC.com To see a response by markco
Monday, November 9
moving prices up.
Currently I am purchasing netherweave cloth in large quantitys and crafting bolts. I am doing this begin expanding my pressence in the bag market. Recently I dropped out of the market due to undercutting bringing the profit margin down to 1-2g. I sold my stock then let the other players have free reign content with my daily transmute and bid low sell normal income. Recently though I have felt the urge to re enter the bag game and push bag prices higher.
I plan to purchase netherweave for the next few days with 10g being the max that i'll pay for a stack. Keeping the supply of cloth low will allow me to end the rampant undercutting. This happens because the other bag makers will not have access to more cloth to continue undercutting eventually their stock will run low and prices will rise. I estimate that if i can keep netherweave cloth supplies low that in 5-7 days bags will raise to around 15g-16g. At this point i will slowly introduce bags int othe market. while doing this ill continue to keep netherweave cloth supply low . Hopefully this will drive out some of the smaller competition and allow me to sell my bags for 4-8g profit.
I plan to purchase netherweave for the next few days with 10g being the max that i'll pay for a stack. Keeping the supply of cloth low will allow me to end the rampant undercutting. This happens because the other bag makers will not have access to more cloth to continue undercutting eventually their stock will run low and prices will rise. I estimate that if i can keep netherweave cloth supplies low that in 5-7 days bags will raise to around 15g-16g. At this point i will slowly introduce bags int othe market. while doing this ill continue to keep netherweave cloth supply low . Hopefully this will drive out some of the smaller competition and allow me to sell my bags for 4-8g profit.
Friday, November 6
Inscription markets
So i have a inscriptionist lvl 340 that i have not been taking advantage of to make gold. One reason I haven't is he lacks good glyphs he currently only has the leveling ones which sell OK. Another reason that i have not utilized him to make gold is time. I don't believe i have time to deal with crafting and making glyphs and re posting and such. Well since I don't have time for glyphs this does not mean my inscriptionist is useless. There are other methods that i can use to make gold with him.
The methods That someone like me who doesnt have time to mass produce glyphs are not as limited as you might think. Selling vellums can be a great gold maker currently there is a large demand and small supply on my server. So I could use this to my advantage posting slowly to maximize profit. There are 2 types of vellums with three levels this is a much smaller market to watch and post on than the glyph market. Darkmoon cards these offer the chance for big payoffs nobles decks seem to average 4k gold or more these could be worth making. Also like vellums there is a smaller market so less competition and babysitting. Offhand items I wouldn't say these are great money makers but if you have the extra ink this could be a place to sink it for some nice returns. Which leads me to the newest market for inscriptionsist Scrolls of Fortitude the thing that provides priest buffs for groups. I have not researched what these take or how active the market is but this is a item that could be a big seller.
I plan to level my DK up to 65 and start taking advantage of the lesser known inscription markets. Hopefully they will net me a nice supplementary income with a smaller investment. I don't believe i will be a big AH player making 1k gold a day but if i can increase my diversity it will help increase my gold per day.
The methods That someone like me who doesnt have time to mass produce glyphs are not as limited as you might think. Selling vellums can be a great gold maker currently there is a large demand and small supply on my server. So I could use this to my advantage posting slowly to maximize profit. There are 2 types of vellums with three levels this is a much smaller market to watch and post on than the glyph market. Darkmoon cards these offer the chance for big payoffs nobles decks seem to average 4k gold or more these could be worth making. Also like vellums there is a smaller market so less competition and babysitting. Offhand items I wouldn't say these are great money makers but if you have the extra ink this could be a place to sink it for some nice returns. Which leads me to the newest market for inscriptionsist Scrolls of Fortitude the thing that provides priest buffs for groups. I have not researched what these take or how active the market is but this is a item that could be a big seller.
I plan to level my DK up to 65 and start taking advantage of the lesser known inscription markets. Hopefully they will net me a nice supplementary income with a smaller investment. I don't believe i will be a big AH player making 1k gold a day but if i can increase my diversity it will help increase my gold per day.
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