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WoW Economy Weekly Wrap-Up: Account Actions, Guide Playlist, Motivations & Streamers
14/10/2017 à 10:33
WoW Economy Weekly Wrap-Up
Welcome to the eleventh edition of the WoW Economy Weekly Wrap-up!
If you're new to this series or want to re-visit past posts, you can
check out the previous articles right here on wowhead.com
My name is
and I’m the lead moderator for the
and the accompanying
. I am also the Support Manager & User Evangelist for
, the Auction House addon suite for World of Warcraft. 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 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”.
As a note before we get started, I am thoroughly overwhelmed by the number of participants in the giveaways these last two weeks! A big thank to you everyone supporting the weekly column, we have a special giveaway coming up at the end of the month.
This week Blizzard took actions against accounts that broke the Terms of Service by using tools or programs to automate gameplay.
We’ve recently taken action against a number of accounts that were that were found to be using third-party programs that automate gameplay. These programs (commonly called cheats, bots, or hacks) automate certain aspects of gameplay, or provide unintended advantages and abilities to the player. This type of cheating undermines other players' experience and severely upsets the balance of the game environment.
As a reminder, in order to ensure fair play and competitive integrity, we closely monitor these and other activities that violate the
Getting rid of the cheaters is fantastic and helps the game maintain a balanced and fair environment for everyone to enjoy. But this news does have a particular affect on the economic side of WoW that gold-makers should be aware of and account for.
A not insignificant percentage of materials on any given realm, especially those that are more highly populated, would have been produced or farmed by accounts that were breaking the Terms of Service. This means that the amount of stock they had available were generally higher than the average player and could be replaced faster than the average player. Now that those accounts have been rightfully suspended, it removes a portion of the supply for those materials. Even if the demand for that item doesn't change in general, the supply being cut short through account actions and through opportunist gold-makers it's likely that prices of these materials will see a sharp increase in price followed by a value settling at a higher price than before.
/u/hikons made the most of this opportunity
50%+ stock of all herbs got knocked out overnight on my main realm; and i just bought out and reset every single, non Starlight Rose herb to 200g+ each.
I have a huge surplus (45-50k) of Starlight Rose that I stocked up on a couple weeks before 7.3 dropped and prices on those are still high enough that i didn't bother to reset those, but it might be worth taking a look at on your realms if there's any cheapo strays.
It's also worth keeping in mind that this also applies to various old world materials and not just current expansion content. If you're in various profession markets you may also see price changes as some reagents become more difficult to acquire from the Auction House.
As a final note,
BregVids finalised his most recent video series
that covers a lot of fantastic information. There are seven videos in this playlist and
Breg detailed them in a reddit post
. Despite being featured on this weekly article a couple of times, an introduction from
Before we begin I want to tell you a little bit about myself. I have been playing WoW since Vanilla but more seriously since Wrath. I have been actively trying to make gold since late MoP, and have probably made around 60 million profit since then . I do 0 farming for materials, so if you are mostly interested in farming then this guide is probably not for you :D
Across my streams and videos I always get asked the same basic questions: How do I make gold? How do I make more gold? How do I make millions? In an overarching attempt to answer these questions, I have recently created a video series:
How to Make Gold
The full playlist overview can be found here too:
Video #1: Bank Alt and Guild Bank
This may seem like an irrelevant step, but as the goblins always say: time is money, friend. Having space to store, as well as a bank alt with no gear/AP tokens/trash from world quests filling up their bags, will save you much more time in the long run. I repost thousands of auctions per day, and would have to take many more trips from the auction house to mailbox if I didn't use a bank alt with 130+ free bag slots.
Video #2: Get Starting Capital (0-100k gold)
To start being able to craft/flip/invest, you need some initial gold. I think 100k is good enough, but how do you get here? Perhaps you are a new player stuck on 10k? Well this is the part of the series where I step aside and let some other content creators take charge. As I say at the start of this post, I do not like farming, and am not great at it either. In MY OPINION, crafting/flipping is a much more efficient way to make gold, and that is what I concentrate on in this series. However many people enjoy farming, and there is no denying that it is the fastest way to get some starting capital.
Video #3: Learn TradeSkillMaster
If you want to be serious about making gold, including maximising your efficiency, then I would argue it is CRUCIAL that you learn
. This is the best gold making addon by far, and for posting large amounts of items, for crafting, for flipping, for sniping, for undercutting, for everything, it is a requirement. It also gives you up to date information on every item... you mouse-over an item and it tells you the current price of that item on your auction house = AWESOME
Video #4: Professions and TradeSkillMaster Crafting
Here is where the REAL gold making starts. So you go to Dalaran and you
learn some professions
(not gathering eww). Do all the quests from Dalaran for those professions, and once you're done with the quest chain you go buy the other recipes from the vendor next to the profession trainer. Finally you go try get the rank 2s/3s if you can be bothered (these are usually from exalted reputation/Heroic dungeons. Ideally you want to do this on your alts as well and get all 8 of the crafting professions (so 4 level 110s). But you can always start with just 1 or 2 :) On my YouTube channel I have covered every single profession, going into exactly what is profitable and how you can make millions both from new legion stuff and old world transmogs/useful items.
Video #5: Auction House Flipping
Once you have a decent stream of income coming in from professions, you may wish to start joining the big hitters of gold making and try your hand at flipping. This is simple economics: buy low, sell high. Again, TSM is going to help you do this much easier via shopping operations. In the video I cover different aspects of flipping, and I will discuss 2 of those here. First is a market reset, here is where you buy out all of a certain item, and relist for a higher price. Here it is crucial you UNDERSTAND your market. You must know the average price of the item, and whether or not it sells frequently enough for you. Don't get too overexcited when resetting markets... if someone undercuts you, you must decide whether or not undercut them back, buy out their item, or just leave it. Again it comes down to knowing your markets and knowing the price ranges of items. If you reset
to 1500gold, and someone undercuts you putting another 50 at 1300gold, it's probably not wise to buy that person out. You would be buying for well over market value, and there is no guarantee another person won't come and undercut you again, suddenly leaving you with thousands of primal fires you bought for crazy prices... Remember, you need to buy LOW and sell HIGH.
Video #6: Investments
This is another aspect of gold making that should not be ignored. Investing basically involves purchasing an item or a number of the same item, storing it in the guild bank, waiting for the market price to rise and the relisting. This can be extremely lucrative. For example the
Élixir de l'esprit vif
generally go to around 10k gold during the Winter's Veil event. However a few months later they rise to around 100k gold on many EU servers. If you were to invest heavily and wait a few months, you can see a 10x increase in your gold :D Other examples of this can be seen in investing in raw materials/potions before a new patch/raid. When new patches hit, an increase in subscribers and more people wanting to try the latest content generally sees the prices of enchants/gems/potions/tomes increase = prices of the raw mats also increase.
Video #7: Broadening your Horizons and Expanding your Empire
Expanding is something every company / franchise / business must do when they reach a certain point, when they feel they are starting to hit the limits of their growth in the current market/area they are in. The same goes for your gold making... Let's say you are doing deep into the
market on your server, and have seen huge success with these professions. A great way to expand would be to get another char and get 2 more professions = potentially doubling your profits. Eventually you should aim to have every profession covered, in order to reach every market on your server.
The above extracts are cherry picked from the
overview that Breg posted to the /r/woweconomy subreddit
which contains a lot more incredible information.
This topic has come up a number of times, but it's an important one to discuss. Motivation to make gold in WoW, or even play WoW in general, can sometimes be missing.
/u/aeroplax asks the community what keeps them going
I reached my goal in goldmaking, i bough the glorious spider mount which i was aiming for at the very start ( with some side-steps for other 'bigger-investments' of course) and now i don't really have a purpose.
When you don't feel the motivation the sense of achieving something, the urge to do something, what keeps you going? what is your motivation?
I've always said that if you're feeling a bit burnt out then there's absolutely nothing wrong with just simply taking a break. The game is designed to be somewhat cyclical so that you can step in and out whenever you like without falling too far behind. Catch-up mechanics are introduced regularly and major patches can often be the enticement to dive back in to the game for a while.
There is no point playing a game that isn't fun anymore, it's designed to pass your time while you're having fun, if you're not having fun any more you enter into the wasting time zone, why would you ever consider doing anything that isn't fun and have zero (0) impact on your life (unless it's your job, i.e you're a Youtuber or a streamer or a gold farmer) but I'm going to assume since you're asking this question you're not. So go do something else you find fun.
Setting yourself goals and objectives in terms of gold making can help maintain motivation,
as /u/arganthe explains
Gold Making kept me in the game, not just for getting a specific amount of gold for something, but for the general aspect of the ingame economy and collection purposes.
My very first objective on WoW since I started playing was raiding. Back on Cataclysm I was always looking for pugs til I got in a raid group. With time I improved and ended up on my current realm's realm first list for a bunch of Pandaria raids.
After WoD tho I just had no motivation or desire to raid anymore. I was about to quit the game when I started to look up on my alts recipes and collections in general, since my main purpose on the game was collecting stuff, like mounts, pets and achievements. That was a thing that I used to do on my main everytime, and do that for my alts gave me a new perspective of the game, just for visiting old contents, get new itens... I do this every now and then and I never get bored of it.
But If none of that works for you anymore, just quit for a while might work for you. I mean, your account will still be there, you can get back anytime you want
Now that you can convert your WoW gold to Battle.net Balance too, there's motivation there to invest your gold in to other Blizzard titles as
For me it's the Blizzard Account balance. I'm enjoying the money (gold) making aspect of the game, I have stomach for little else (grinding for gear, raiding, etc).
I also enjoy Hearthstone and I recently purchased Overwatch, so I was looking for something to feed the accounts and for future WoW expansions. So I intend to get my Blizzard Balance to the max($350 I think), have the max number of tokens possible (10 I think) before I am "done".
And when I say "done" I'm done until the next expansion as it always pulls me back, this way if it doesn't cost any RL money I don't mind.
One aspect that can be quite demotivating is simply the stagnation of the economy, considering where we are in the current expansion. We are in somewhat of a lull between raid tiers and the expansion is beginning to wind down shortly after that. If you're not seeing as many sales at the moment this could be a reason as
It is getting close to the end of the xpac, kinda, so yes the market is going to start to dry up. Less people playing, less alts being leveled, almost no new players coming into the game. Less demand with same or greater supply. Keep an eye on your crafting/purchasing costs. Usually as the price of items go down the cost of mats change, sometimes you'll see mats selling for more, mainly cause of supply and demand. I forcast a slight increase in sales once next raid hits, and once the next xpac is announced the market will change.
This is why it's important to diversify, as one market becomes less lucrative you can either focus or continue in other markets that you are involved in or even invest in new ones
as we discussed in last week's article
Over the weeks I've been sharing the links to the Youtube channels, Blogs or Twitter feeds of the content creators I feature - but I wanted to share some of the streamers on Twitch that focus on gold making that were shared in a
recent discussion on the /r/woweconomy subreddit
TradeSkillMaster & Gold Making Q&A / Auction House Play
BunnyCuddle aka The Lazy Gold Maker
Auction House Play / Gold Making Challenge
Auction House Play / Multiboxing
Farming / Loot Appraiser Challenges
Auction House Play / Farming
Professions / Auction House Play
Xionik & Sheyrah
Auction House Play
New Gold Maker Journey
Auction House Play in Brazilian Portuguese
Auction House Play / Farming in German
Who do you watch on Twitch for gold making? I am always looking for new content creators to feature here on Wowhead.com so leave a comment with your favourite Youtube channel or streamer!
Most of this information was discussed and originally posted on the
or in the accompanying
. You can also catch me
streaming live on Twitch
every Tuesday and Saturday from 5PM UK (12 Noon US Eastern) and Thursdays from 10AM UK (5AM US Eastern) answering gold making and TradeSkillMaster questions, or you can tweet your feedback/thoughts via Twitter at
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