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Gold Making Expectations - - Wowhead Economy Weekly Wrap-Up 307
WoW
Publié
17/12/2023 à 13:00
par
SamadanPlaysWoW
Hello! Welcome to the 307th edition of the WoW Economy Weekly Wrap-up!
This week we look into what it takes to gain a deeper understanding of gold making and what your expectations might be. We also go through some hot Alchemy recipes for Season of Discovery and a great breakdown of some steady gold making methods for alt armies and older expansions.
My name is
Samadan
and I'll be your guide through the World of Gold Making!
Goldmaking Expectations
A very interesting topic came up this week from
u/OG_DOGBONE
about learning and understanding gold making at a deeper level.
Hello All,
I have been taking gold making seriously for about a month and a half and wanted to get some of the pro perspectives.
My current set up: Druid: tailoring & enchanting Druid: skinning & mining Alt: blacksmithing & leatherworking Alt: alchemy & inscription I use tsm and all the other common add-ons.
I'm really intrested in gaining a deeper understanding of the tactics behind the AH and Crafting to make gold. I'm looking to be taught to fish rather then handed a fish so to speak. I purchased a gold guide to try an learn some of the trade but it turned out to be focused on farming old mats and dungeons which does average me about 10-20k a day but I know I can do better.
Does anyone have recommendations or know where I could continue researching? Thank you in advance!
There is a lot to learn about gold making and
understanding players, patterns and markets
. It's a fascinating subject which draws many of us to gold making for the fun of trying to work out what works. Guides are ever changing as has the landscape of gold making in WoW and as such the main premise is understanding what players want the most and how to get it to them cost effectively.
I purchased a gold guide to try an learn some of the trade but it turned out
TBH you should only buy guides if you're interested in supporting the creator. I didn't have any expectations for the one I bought, it's just they helped me learn stuff so I didn't mind spending the money as a thank you.
The thing with guides is tons of people do what the guides say, eventually you have to find the things people don't talk about. Usually it's something obvious, technically the guides were my inspiration for finding some of the niches I got into that didn't have a lot of competition.
Does anyone have recommendations or know where I could continue researching? Thank you in advance!
I'm not a pro or anything, my expectations coming back for DF were pretty low, but I'm making 100-200K an hour with DF crafting professions (work orders only), and I recently started trying to do AH sale stuff. Only posted a few times, but did ~15M in sales this month. You kind of need gold to make serious gold at some point, but with all the crafting professions you have you just have to figure it out.
Start looking around for BOE recipes you don't have to build out your transmog crafting collection. You can craft stuff for people in trade chat. If you're on a dead server look into moving to high pop if you want to do work orders, otherwise get a second account to have access to the AHs of every server.
This is one of the first lessons in gold making.
Look for the things that have a barrier to entry
and work out if it's worth breaking that barrier to sell what's on the other side.
If you want to learn more about know how you should keep up to date with highend gameplay and historical trends.
Money making is all about being first or being better. Trying to predict markets, whether farming, crafting or buying up is sometimes essential.
Information is key, follow what people are talking about in discords, reddits and blue posts. Whether this is Roleplaying, raiding, M+ or anything wow related. There is always a demand for something, which also varies per server.
Good luck :)
This covers the key points of
learn what players want
and then either work out
how to get it before anyone else
or how to be efficient and
know your margins
. It can be difficult in the current market, especially commodities as you are competing with everyone else in your region.
You have to spend gold to make a lot of gold. It’s all about knowing the margins. On a good day you can make a lot of gold. Yesterday I was getting 33% on pots, today was meh. It adds up when you’re spending millions in mats.
Gear crafting works great for me to get out of that AH and stare at numbers. Now I’m only on a medium pop realm so I do not haul in millions like the other guy, but I’ve (very) recently set up a community for my own crafts. I just share a link in trade every now and then. Now I do have to note that I own all recipes and have maxed out all profs, so that helps getting people to join, but it suprised me that the community already has 70 people in it after a few days. Maybe you could set up something similar.
This is a great idea covering
customer service
which is especially important when dealing with Work Orders, a large part of the crafting professions. If you want to make the most out of professions, there will by design be 1 to 1 interactions to make a sale. If that's not how you like to play the game, there are other gold making options.
So to summarize, the way to deeper understanding of gold making is as follows ...
Learn what players want.
Research the meta.
Look for things that are difficult to get.
Know your margins.
Be either first or better (or both).
Customer interaction is key for Work Orders.
Good luck! The fun is in the learning and discovery of what works for you!
Alchemy in Season of Discovery
TheLazyGoldmaker
has put together a great video talking about how great Alchemy is for Season of Discovery.
Classic has some absolutely incredibly overpowered consumables. In general we want to focus on potions and elixirs that give bonuses to throughput (damage or healing), and various utility consumables. In general players are VERY willing to spend gold to heal more, do damage or stay alive.
He goes through which crafts are currently useful and how to get the recipes. This is a great profession for scaling up as we go through the phases.
Here’s my list of recipes that should be good this phase, with a quick explanation of what they do.
Item
Effect
Recipe Source
Free Action Potion
30 Sec. CC immunity
Limited vendor stock
Elixir of Fortitude
Additional HP
World Drop
Elixir of Firepower
Fire spell damage
Trainer
Shadow Protection Potion
Absorbs Shadow Damage (great on Kelris in BFD)
Limited vendor stock
Elixir of lesser agility
+8 agi
World Drop
Elixir of Giant Growth
/
Elixir of Ogre's Strength
+8 str
World Drop
Elixir of Coalesced Regret
Needed to unlock epic crafted recipe
Limited vendor stock
The great thing is even if you don't have Alchemy, you can make some gold by farming / flipping the base ingredients needed.
Level 60 Alt Armies
What would you do if you didn't have max level alts, but a bunch of time and enjoyed rotating through them to tap into several expansions?
u/kll131
has done some quick calculations to work out what each method gives them in terms of gold in the current market..
TL;DR: Income for 30 days of level 60 alts.
All together:
Alch/tailor alt army doing SL/WoD missions + hexweave daily and WoD work orders + Transmutes weekly.
25.4k per month. (without counting pet charms since the sales are unpredictable)
254k per month for my 10 alts.
SL tables:
Without pet charms - 3.6k + 6.8k from weekly quest. With pet charms - 22k + 6.8k from weekly quest.
WoD Table:
Turning garrison resources into mats at trader - 3k
Hexweave bags:
Buying fur for 1g each, Selling bags for 440g - 3.5k (daily cd worth 60g)
Sky golem:
selling for 20k -8k (daily cd worth 270g)
DF Cooldowns:
Tailor: negative crafting profit right now for me Alch: 8.5k Transmuting Air.
SL tables:
I tracked what I got from 2 sets of missions on 10 characters, so not a great sample size. The prices are minbuyout from my realm, around 8-12 gold per mat and 15gold for aug runes.
Adding the raw gold, gear vendoring, aug runes and mats avgeraged to 121gold per char per day, so for my 10 characters thats around 36k per month. I tried to track my pet sales and averaged around 47 gold per charm, so if you add that it's 745gold per day or 224k per month for 10 characters.
WoD Table:
My table is set up with good followers for garrison resources. Assuming 1.5gold per mat and 16 garrison resources per mat I average around 100gold per char per day. So 30k per month for 10 char. Theres mounts/pets/rep items that sell on ah but i'm not sure how to calculate that since they are so random.
Hexweave bags:
I sell these for avg 440 gold. With the daily cd and work orders and a fur price of 1g I get a crafting cost of 145g, with 2.77 bags per week it's 815g per week profit, or around 3.5k/30 days. The daily Cd is worth around 60g.
Sky Golem:
I buy ghost iron bars for 10g. Living steel for 315g. Crafting cost 12k, Sell for 20k, profit 8k/30 days or around 270g per cd.
DF tailor/alch CDs:
All my alts have tailor/alch, but right now azureweave is selling at a loss for me. The Transmute to Air is still around 200g profit, so 2k per week per char or 8.5k per month per char.
Notes
, the math was quick and probably not correct.
Sky golems are worth more but I don't sell more than 2 every month anyway, hexweave bags have higher demand.
If you enjoy playing the game there is a WQ that sometimes gives 1.7k gold if you have level 70 alts which is pretty neat.
It gives you an idea of what to expect in terms of gold which while not exceptional, it does provide some income. There are a few tweaks that could be done if you levelled up to 70 and added Dracothyst transmutes, but they are hit and miss right now, so might not be worth it.
Others might deride this technique as not efficient, but it has a certain rhythm to it and can be done in your own time with minimal travel and you can skip bits you don't want to engage in. Just like farming suits some people, I can see this as a totally valid gold making method.
As someone with a HUGE number of alts myself (45-50 now, I lost count after Dracthyr), I've been doing this process you've explained on here for years on and off. While I spent a few years over in Classic, I'd still log over to Retail just to make bags and sell them. It's not exactly passive income just making bags and other easy things like this and selling them, but it did net me enough gold to purchase my expacs with bnet balance over the years.
At times I've wanted to share my similar process to yours here as well, but seeing some of the negative responses you've received here on this subreddit proves to me that if I had attempted sharing my process here that it would have been a waste of my time (that I'd rather spend looking at a loading screen while switching alts to make something to post to the AH). Truth is, people here have been seeing WoD Garissons as a waste of their time and are only interested in current expac activities that make gold. I may be downrated for saying all that, but go back and read the comments from any post over the last 2-3 years here in woweconomy that has mentioned making gold with WoD Garissons. You'll see it for yourself. All that "Negative Nelly" stuff aside, good on you for making the gold you have lately with WoD Garisson stuff. No need to fix it if it isn't broke. ;-) ALSO, many of the comments about what is profitable at this stage of the game is really good to know, so thank you to all the rest of you commenters here for that info! I'll be totally looking into that after I finish the DF story line! <3 I just got back to retail a month ago, and as I just got almost ALL of my 45-50 alts up to level 60 during WoW's 19th anniversary event, I'm in the middle of setting up my SL tables as well.
Only one of my characters is focused on DF right now in order to get the Loremaster flying achievement done. Dragonriding is just okay....not a huge fan of it personally, but I'll use it for the racing quests even after I get regular flying again. Any other diversion away from leveling this ONE toon to 70 and getting that Loremaster done is a waste of my time right now, as that achievement will pay off for my alts later. I also don't have 90 hours a week to play, as IRL responsibilities come first and I settle for just a few hours an evening, more during holidays. And I'm not interested in finding groups, meeting some gear requirement to become socially accepted, or keeping to a weekly schedule. I have enough IRL where I have to meet all those criterias, and in-game I just want to chill when the day is done.
To help you keep better track of your incomings and outgoings, I'd HIGHLY recommend using TSM and
https://ledger.tradeskillmaster.com/
as well as
https://wowthing.org/
. Those 2 sites are my saving grace! I do have a running spreadsheet that I started years ago, where I collaborated different information and sources for gold making (which included tmog farming at times), I have talent "cheat-sheets" in Word for quick access to my talent builds for both class specs and DF profession specs, but at bare minimum those 2 websites help keep me both organized and give me accurate reports on my gold-making. For alts in-game, I use the addons Altoholic, All The Things, TSM (of course), Accountant Classic, LootAppraiser, FasterLoot, Instance Gold Tracker, and SavedInstances. Edited to add that I also use the addon Executive Assistant to remind myself of different cooldowns and tasks. I use a 2nd account to trade between servers and factions and do AH stuff while doing stuff on a 2nd monitor as well (mats, gold, etc).
I NOW have the gold to buy both an epic expac upgrade to The War Within and a "normal" upgrade for TWW on the 2nd account, so obviously it's not a waste of time to ME.Do what is best for YOU. What matters most is what ends up in your own pockets.
There's a method of gold making for everyone. Do what's fun for you and enjoy the game as you see fit.
Further Reading
Most of this information was discussed and originally posted on the
/r/woweconomy
subreddit or in the accompanying
Discord Server
.
I hope you found this useful and If you have any suggestions or feedback, please do say so in the comments below..
Until next time, Happy Goldmaking!
Samadan
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