Welcome to this month’s blog carnival! For this month’s topic I wanted to focus on something that in just a few short weeks will be very much on all of our minds…How to Make Gold in Cataclysm. So we put the question out to the experts and got back a top-notch collection of supreme guides and strategies guaranteed to bring in huge gold once Cataclysm finally launches.
Hats off to everyone that sent a submission. And now, without further adieu…
Cataclysm Gold Making Guides
Making Gold with Leather working – great overview of how to specifically use your leather working profession in conjunction with Cataclysm’s changes. Loaded with specifics on power leveling and targeted niche opportunities.
Fishing Gold Tip – interesting ideas on how to not only use fishing to immediately to start bringing in huge gold on day 1, but also make a run at the server first achievements.
Cataclysm Stockpiling Item List – normally you’d be paying $47.00 for a guide this good. Simply an amazing comprehensive list of key items you’ll want to stock up on for Cataclysm.
Targeting New Players – this strategy focuses on the flood of new players and alts coming back to the game. These players will need a very specific list of items. This strategy is focused on targeting this market segment for big profits.
Cataclysm Market Changes and Item Categories – great tips and ideas on potential market changes coming for Cataclysm, specifically inflation and how to deal with it. Also, goes into detail on specific item categories and how to use these to your advantage.
Compilation Gold Strategy – not just 1, but 6 individual gold tips from Essex! Includes a bit on stockpiling, specifics on items, and preparing for market changes.
Gathering Professions for Gold Making – the title says it all, focuses on using gathering professions to bring in huge gold during the first few months of Cataclysm.
Cataclysm Gold Making Strategy Overview – lots of basics covered here. Everything from using professions, server economy, specific product categories and more.
After a really great first blog carnival I’ve decided to make this a regular segment each month on Zug Gaming. If you didn’t get a chance to check out our last blog carnival you can see all the great posts from WoW’s top bloggers…all answering the topic of Help a Noob Day. There were all kinds of great strategies for new players on everything from gold, leveling, class specifics, and more.
This Month’s Topic
Last month we ended up having our blog carnival on the same day as a good friend of mine, Markco Polo and his Just My Two Copper blog. Which made for a lot of great reading, but for this month we are moving our date so as to not conflict with his carnival. Our next blog carnival will be November 18th and will be on the topic, How to Make Gold in Cataclysm.
Just like before the topic is pretty wide open. Keep it general or specific as you want, talk about class strategies, dungeons, professions, items, farming…it’s up to you! But I want to hear all your stratagies on making huge gold in Cataclysm! I’ve already got some ideas and I can’t wait to share. =)
What’s a Blog Carnival?
If you missed our last blog carnival that’s okay, it’s a new feature here that we’re holding on a monthly basis to bring the best of the WoW blogging community to the spot light here on Zug Gaming. Anyone with a blog or website can join in on the carnival. All you need to do is create a post detailing your response to the blog carnival topic. Write and post your entry (to your own blog or site) and email me with a link to your post by no later than November 17th and you’ll be included in our big blog carnival wrap up.
It’s a great way to build some exposure for your blog and share your ideas with a huge audience. Zug Gaming receives thousands of visitors every day, so show them what you’ve got!
With Cataclysm right around the corner it’s high time we start really thinking about what we need to do to prepare. A lot of things are going to change…a lot. A new expansion brings in a host of new items, which will impact demand of existing item markets. However, the supply side of the equation is also dramatically impacted, opening the door to new item markets in Cataclsym that might not be as strong currently. Enough talk though, let’s get down to it.
1. Liquidation Extravaganza
The first step, and perhaps the most important, is simply getting rid of your old items. A great quantity of items that you have been selling now on the auction house for huge profits are going to see huge hits in their profit potential. Each day we draw nearer to Cataclsym (which is still rumored to launch 11/2) we’re going to see the prices of items begin to deflate, it’s already started in certain item markets. If you have large quantities of items that are going to be affected then you need to take steps now to sell them for the maximum price you can get out of them.
Now, you must ask yourself the simple question…is this item going to gain or lose value in the expansion? A good rule of thumb for deciding if an item is going to lose value is to simply see if that item is going to have a direct and upgradable replace in the expansion.
Here’s a few items that are generally going to see decreases (because they are going to be replaced) in their value.
- Epic gems
- High end armor / weapons
- Raid Drops (crafting mats, rep stuff, etc.)
- Reputation based items
2. Stockpiling Potential Cash Cows
With as many changes as expansions bring to WoW it’s quite difficult to tell 100% what’s going to go up or down in price, but what we can do at this point is make calculated risk / reward purchases. For example, certain item markets started to crash in price after the Cataclysm announcement, some where crashing even before that. In some cases items have decreased dramatically. 6 months ago Eternal Water were selling for 12-15g on my server, 3 months ago 5-8g, today they are 1-2g, and they show no sign up of going back up. Now, there’s no assurance that this item will be worth any more in Cataclsym, but what we can be assure of is that the supply will rapidly dry up resulting in the potential for the price to go back up to higher levels.
Here’s what we are really looking for items
- Items that are dirt cheap and have lost a lot of their original price
- Items that used in crafting or other “static” type activities
- Items which will have a dramatically lower supply
Any items that are used in crafting profession, especially the more common crafted items, are great to look for. Especially those whose supply is going to diminish with the expansion. Enchanting materials are also generally good investments.
3. Assured Static Valuable Items
Just because the expansion is coming out doesn’t mean that everything is going to drop in price. We can already start semi-stock piling a few items that are likely to increase as demand will remain the same, while the supply will likely decrease. Here’s a few items you’ll want to check out.
- Pets – especially those that are vendorable are a great investment, they can almost always be sold for more than they cost. Even more, there is always the chance that they will be removed forever from the game. Pets are always desired by players and are a great auction house item. If you have already check out the recent vendorale pet guide we put out a few days ago.
- Bags – 16 slot bags, like the netherweave bag, will be a good buy. Players of all levels always want 16 slot bags because they are offer the most slots for the most reasonable amount of gold.
- Cloth – as we get closer to the Cataclysm release date a lot of players will be dumping basic items they’ve had stockpiled for super cheap amounts. Cloth, especially netherweave cloth, will be one you want to be on the watch for.
- Profession Items – any profession items that are used to go from around 375 – 475 from WotLK will be a great buys because they are going to see a huge drop in supply, but still be moderately demanded for people leveling up new professions
As with any gold making strategy the most important factor in your success will be your ability to deal with risk management. Each time you buy an item to sell on the auction house you are taking a risk, some risk is good, but you need to manage the overall level of risk / reward relationship in order to ensure you don’t lose gold on poor investments…while also maximizing your profits on moderately risky investments.