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WoW Economy Weekly Wrap-Up: Motivation, Measuring Success, Efficient Auction Houses, Future Patches
05.08.2017 um 10:05
WoW Economy Weekly Wrap-Up
Welcome to the first edition of the WoW Economy Weekly Wrap-up!
I’ll start off by introducing myself for those that do not know who I am – my name is Gumdrops and I’m the lead moderator for the
. I am also the Support Manager & User Evangelist for
which is an Auction House addon suite for World of Warcraft.
In this weekly article I hope to cover and showcase some of the interesting topics, discussions, content and guides that have been going on over the last week in the gold making community. Some that you might have missed as a veteran gold maker, or you might be interested in checking out for the first time as a new or aspiring ‘goblin’. The
are both full of interesting information but it can sometimes be a task in itself to digest it all, especially if you’re new and aren’t sure what’s relevant or accurate in the research you’ve been conducting yourself.
The format will not be that of a traditional guide, but links to further reading with commentary and opinions of my own. I will be looking at the bigger picture, the decision making and thought processes in being a gold maker – rather than a step by step instructional list. As the saying goes, “give a man a fish and you feed him for a day; teach a man to fish and you feed him for a lifetime”.
The first topic I’ll be looking at is motivation. The reasons you might want to start making gold, or what keeps you going after starting, even if you encounter some setbacks.
recently asks on reddit,
“How did you stay motivated in the early days? How have you managed to stick with it when things just weren't working out?”
What motivates someone to start seriously thinking about their gold can be one or several of many reasons. Starting on the smaller scale, being able to afford to stock up on the consumables you need before zoning in to your raid for the evening and repairing your gear after the inevitable wipe. To buying a cool looking mount to take you closer to the
meta collection achievement
, or buying the coveted Tier 3 set pieces from your
Black Market Auction House
and even being able to sustain your game time without having to spend any real money. Your initial aspirations may fall somewhere on this spectrum, but it’s important to be realistic – nothing will happen overnight as
gold making can seem unfathomable if you have a giant goal like 1mil right off the bat. Try aiming for 100k and move up from there. Not only is the goal a lot more attainable, but you will also learn more and burn out slower
A lot of gold making is just patience in my experience. I hate wasting time so getting set up just to quit feels like a waste so the more time I spent researching the more I find I want to figure out what works. A payoff is a high but definitely have had some lows.
Those lows may come in the form of a mistaken sale or a misjudged investment. Nobody is perfect though, and many gold makers are where they are today with piles of in-game cash because of the mistakes they’ve been able to learn from when they started out. When you feel like you’ve made a mistake or something has gone wrong, it’s a perfect opportunity to review what happened and understand why it happened - then you are less likely to repeat the same mistake.
Some even find motivation in simply watching their ‘total gold owned’ increase, like
One way of measuring success as a gold maker in World of Warcraft,
some would say
, is being listed in the ‘Top Sellers’ of your realm on
The Undermine Journal
. This site tracks the pricing history of everything that moves through the Auction House and provides invaluable data to help your decision making. The ‘Top Sellers’ will list the top ten characters on a realm according to the average value of the items the character has listed on the Auction House.
Being on the list does also have some drawbacks.
Both of my auction toons are in the top 10 of my realm, it certainly brings attention that isn't always wanted, but sometimes people will come to me for transmog orders and deals so that can help
Being listed in the ‘Top Sellers’ makes your listed auctions more accessible to your competitors, this might give them the opportunity to start looking directly at your markets and allow them to be more aggressive in their competition. At the same time, this also establishes your character on your realm as a serious player and may create other opportunities that help your bottom line.
It’s all very well having the most valuable items on the Auction House, but it might not mean anything if you’re not making any sales. At what point do you consider it a success, one sale, many sales? In a similar discussion,
details what they think makes a player rich:
If you're able to buy the gold sink items, you're wealthy. As far as I know, the
is the current gold sink item, so if you have 2M+ you're probably well off in rich. I'd say anything between 2M and 1M you're fairly wealthy in that you don't have to worry about gold being a limiting factor in anything you do minus late game PvE whether you buy a run or buy BoE for progression raiding. Anything between 1M and like 200k is probably fine for most people. It lets them buy the items they need to play the game. Anything under 50k is probably at the point where you're actively looking to make money somehow because gold is a limiting factor of playing the game.
However, if you're in this subreddit and a goblin actively looking to make gold, anything under 1M is probably pretty low. I'd say something like 10M is probably at the point I'd call someone rich.
It’s often true that you “need money to make money”, and the same applies in World of Warcraft. Being able to profit from an opportunity that you’ve identified or is made available to you can also be a measure of success. This is why it’s also important to scale your strategies according to your available gold to invest (or capital), you may not be able to reasonably expect to generate millions of gold from a few hundred gold investment – it takes time and patience to reach that level of return.
I’d like to move on from a more top-level view and look at more detailed topics. As you know, the Argus patch 7.3 is incoming soon, you can check out all of the great
PTR coverage here on Wowhead.com
, but I would also recommend watching the overview from Reckles aka WTBGold who puts a gold making perspective on the upcoming changes to professions.
Preparations for patches can make or break a gold maker, careful research and experience will help a lot in deciding what to do in the lead up to its release. Whether you’re buying up trade materials at well below average prices or leveling a character to cover another profession like Herbalism or Mining, you can only be as prepared as the information you have. Reading patch notes is vital, even if they’re PTR changes that are generally evolving as time goes on – it will give you a better idea of what to expect when the time comes.
What are you doing to prepare for 7.3 as a gold maker? I would love to hear from you in the comments or tweet your thoughts to me via Twitter at
After the recent Auction House Dance Party, a lot of goblins and gold makers were displaced and sought new locations to post and buy their wares.
Did you know there are 5 Auction Houses in Orgrimmar? Thanks to
for highlighting them, you can find them here on Wowhead:
Other popular Auction Houses include the two faction Shrines in Vale of Eternal Blossoms. If you’re an Engineer, each have very handy nearby access to the Mailbox, Guild Bank, Personal Bank and Anvil for all your crafting needs. Alliance players should head to
in Shrine of Seven Stars, Horde players should pay a visit to
in Shrine of Two Moons. If you’re Horde, watch out for the hostile bird that likes to attack low level characters.
One of my personal favourites is the Auction House in the Draenor Garrison. This ‘zone’ does not suffer from cross-realm phasing issues since it’s a personal instance, this ensures your Auction House remains functional at all times. Plus you don’t get annoying people yelling or sitting on noisy mounts around you! Learn how to obtain the
Garrison Auction House
The first of this week’s tips comes from
While leveling a new alt up to 110 in Legion and before you have the rep for the
, you can take the heirloom on your main, enchant it with Bloodhunter and send it to your alt to get started with Bloodhunting.
This works best if you’re leveling an alt through questing and dungeons, compared to using the Legion invasion system to quickly get to level cap.
The second tip is an addon recommendation in the form of EasyObliterate, this tool handles putting items in the Obliterum Forge, item filtering to ensure you don’t destroy the wrong things and adding the Obliterate button to a macro that you can place on your action bar. Much easier.
I do hope you found this valuable and informative. I’m excited to share more in the coming weeks. You can catch me
streaming live on Twitch
every Tuesday and Saturday from 5PM UK (12 Noon US Eastern) answering gold making and TradeSkillMaster questions, or you can tweet your feedback/thoughts via Twitter at
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