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Making WoW Gold and Using the Auction House Right

By Greg Mee

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Published: 16Dec2008
Word count: 844
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Wrath of the Lich King (the new World of Warcraft expansion) and the new continent, Northrend, have brought some interesting changes to the WoW economy. Quests pay at least 4 gold each and there are hundreds of them. Alchemists and Scribes are buying up tons of herbs and crafters are getting their tools into new leathers and ores. Not to mention the new gear, food items, and so on.

So there's a pretty fair quantity of new items for the gold grind and a pretty fair amount of new cash coming into the game. You will be selling these new items to the people with the gold and the prices for these items, of course, will vary from server to server and Horde side to Ally.

Do you like to farm for your gold?

Northrend herbs start at 30-40 gold a stack and go up from there. Don't forget the other Azerothian herbs, either. Outland herbs aren't going for much, but all the other herbs required for inscription inks are selling at a very good price.

Cobalt and Saronite ore look like they're running 40-50 gold a stack and Titanium is just grim right now. Mining is always a good money maker and all the ores sell well, even the "old world" ores.

Borean leather is somewhere around 20g a stack and you're going to be killing lots of critters. Collect the skins and you'll make plenty, even if the prices drop.

Hungry? With all the new cooking achievements, and food buffs, in the game food items that you gather (Mammoth meat, Shoveltusk flank, etc.) will sell. So will recipes, though some of the new ones are "bind on pickup."

Back to the Auction House

So what price do you pick when you post your items on the Auction House? You will need to study your particular server to answer that, but it's not hard to find out. I use Auctioneer Advanced (google it,) but while that addon is very nice it's not essential.

Auctioneer will give you some good info on market prices, but you can also observe prices yourself. If there are a bunch of stacks of an herb or ore going for 30 gold per stack then if you come in way above that your stuff won't sell. Come in much lower and you are cheating yourself out of some serious gold.

Keep in mind how people buy stuff, too. Scribes will frequently by a dozen stacks, or more, of herbs at one time. Leatherworkers and blacksmiths will buy up piles of skins and ores. In either case they want to make a bunch of something or powerlevel their skill. So they buy a ton of stuff and work their skills.

Since they are buying a lot at any one time you don't need to undercut everyone's price when posting your stuff. Find out what the full stacks are selling for, at the low end, and then post yours above those, by 10 to 20%. They will still sell. Experiment with a few at a higher price and see if those sell.

Don't post a lot of inventory at any one time. Store the surplus. The reason is that if you post 20 stacks of something and someone undercuts your price with a lot of their own stuff you are locked out, unless you want to manually cancel each auction and repost it.

You will learn soon enough how well things sell on your server, so post enough to make some money, but not so much that all your inventory just sits there if you're undersold by someone.

It's funny sometimes... You see a game where one person posts his items and then he and three or four others will alternately undercut each other by pennies. Then someone comes along and dumps a pile of that item, undercutting everyone by 60%. Then one of two things happens: his stuff gets bought out by another seller (maybe me, for resale) or the price creep game starts again at the new, lower, price.

Buy it out? If someone posts a bunch of stuff at a way low price, and you are confident that item sells well at a higher price, buy out the low priced stuff and post it at the higher price. Store some if it's a lot of stuff.

Need More Bank Space for Storing That Stuff?

Make a private guild, just for your banker/mule. Start it up like any other guild, then kick everyone out when it's ready to go. It is also probably a good idea if you let them know your plans (to kick them out) ahead of time. Bribery (2-5 gold per signature) will get sign-ups a lot faster.

Once done you have access to that nice, large, guild bank. Sometimes people will even sell their guilds and you can avoid the full of the charter process.

Now that you have the space to store stuff and you have an idea of how to price things, it's time to go make some gold!

I've followed the above techniques to make about 40,000 gold since Wrath went live. They're not my techniques though, most came from the Massive WoW Gold Blueprint which covers an incredible amount of gold making detail, all captured in video. If you want to make a ton of gold in WoW then the Blueprint is the way to go >> http://herbalism.weebly.com/the-massive-wow-gold-blueprint-review.html

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