In today’s gold farming tutorial we’re going to answer one simple question. How can we go from 1,000 gold to 2,000 gold in the fastest way possible? This little question was proposed by a good friend of mine, Markco Polo, blogger over at JustMyTwoCopper.com. Needless to say, there’s a number of ways we could turn 1,000 gold into 2,000 gold…we could use professions, grinding techniques, auction house buy / resale tactics, etc. But I wanted to do something a little different for this gold farming tip.
Vanity Pet Selling
When WoW introduced achievements it brought a whole new type of “grinding” with it. Players love completing achievements, and one fun one that a huge portion of the WoW population engages in is the rare vanity pet collecting. These pets are attained through a wide variety of places, but for our purposes we’re going to just focus on the ones we can purchase. This strategy may sound simplistic, and it is, but it’s insanely effective, profitable, and a speedy way to go from 1,000 to 2,000 gold.
First things first, we need to make our pet collection rounds. I generally buy about 10 of each individual pet that I will take back and sell over a number of days.
Dealer Rashaad, Netherstorm
- Blue Dragonhawk Hatchling, 10g
- Brown Rabbit Crate, 10g
- Cat Carrier (Siamese), 60s
- Cockroach, 50s
- Crimson Snake, 50s,
- Mana Wyrmling, 40g
- Parrot Cage (Senegal), 40s
- Red Moth Egg, 10g
Magus Tirth, Shimmering Flats
- Ancona Chicken, 1g
Narkk, Booty Bay
- Parrot Cage (Cockatiel), 40s
- Parrot Cage (Senegal), 40s
Sixx, The Exodar
- Blue Moth Egg, 50s
- White Moth Egg, 50s
- Yellow Moth Egg, 50s
Donni Anthania, Elwynn Forest
- Cat Carrier (Bombay), 40s
- Cat Carrier (Cornish Rex), 40s
- Cat Carrier (Orange Tabby), 40s
- Cat Carrier (Silver Tabby), 40s
- Great Horned Owl, 50s
- Hawk Owl, 50s
Yarlyn Amberstill, Dun Morogh
- Rabit Crate (Snowshoe), 20s
- Black Kingsnake, 50s
- Brown Snake, 50s
- Crimson Snake, 50s
Halpa, Thunder Bluff
- Prairie Dog Whistle, 50s
Jilanne, Eversong Woods
- Golden Dragonhawk Hatchling, 50s
- Red Dragonhawk Hatchling, 50s
- Silver Dragonhawk Hatchling, 50s
It may take some time to gather all of the pets. Obviously, some of these locations are a bit out of the way, but this is why we really want to make it worth our trip by buying up a decent stock of these pets. After a few trips you may get a better idea for the demand on your server, and increase or decrease the types of pets you are focusing on. In addition, this strategy does deal with some cross faction trading. If you’re not comfortable with that, just stick with your faction and the neutral vendor. The neutral vendor in Netherstorm is really the big one we want to make sure we hit.
Here’s the total we spent (assuming we bought 10 of each), 816 gold.
Pricing Our Items
The next big step is pricing our items. This is tricky with any item, but especially true for an item that is so ambiguous in value. Now, at a certain level you simply have to keep your prices in line to compete on your server, but if there is low supply we can simply set our own. For an item like this bigger is always better. Here is the model I generally use:
- Pets 1g or less, multiply by 5x – 10x
- Pets 10g, multiply by 3x – 5x
- Pets 40g, multiply by 2x – 3x
I’ve been selling pets like this for a long time, and week after week I continue to unload the same pets for an extrordinary profit margin. All it takes is a quick “world buying tour” to stock up for a week or so, and then all the work is done. I list my pets for auctions every 2 days, takes me around 90 seconds to list everything. Even when I factor in the time it took to fly around and purchase the pets this strategy still has resulted in one of the highest gold per hour strategies I’ve devised to date.
Here’s what my net looked like last week.
- 1g and under pets, average multiplier 6.8x, total cost 120, Gross Profit: 8,16 gold
- 10g pets, average multipler 3.4x, total cost 300, Gross Profit: 1,020 gold
- 40g pets, average multipler 3x, total cost 400, Gross Profit: 1,200 gold
Cost / Profit Analysis
- Gross Expenses: 816 gold
- Gross Profit: 3,036
- Net Profit: 2,220
When I think gold farming I think one thing, simple. Complex strategies don’t work for most people for that simple fact…they are just too hard to implement. The tactics I use, and teach, on a day to day basis revolve around simple, quantifiable, and repeatable strategies that a player of any skill level can employ. Aside from my insider’s club students I haven’t revealed my pet strategy to anyone outside my inner circle…but for Markco I’d say it’s worth it. =)
If you’re tired of wasting your time with boring 1.0 type farming tactics then graduate up to the Dominate WoW Gold system and discover the hundreds of other secrets, tips, and tactics designed to make thousands of gold in minutes in a day. Check it out here
Well, pretty big day today with loads of changes across the forums, beta, and here at Zug Gaming. To make sure you didn’t miss anything I thought this occassion calls for my first WotLK wrap up post.
Title pretty much sums this one up. Blizzard reversed their earlier decesion to reset honor / honor marks prior to expansion. Honor points will not be reset prior to the expansion.
New / revised glyphs for all classes.
Nothing major here, most of the changes are pretty minor and focus more on balancing. Never the less, some interested and positive adjustments to every class.
Season 4 will end October 14th, 2008, additional information regarding details and patch 3.0.2 speculation.
Berserker rage change may be used in any stance now, confirmed by blue.
Gold tip #6 from yours truly, check out the tutorial video regarding jewelcrafting, prospecting, and the auction house.
One of the largest areas where I think a lot of player’s really miss the boat on gold farming revolves around professions. Most are under the false impression that only gathering professions can really make gold, but this couldn’t be further from the truth.
Not only can you make profits from your professions, it can be your MOST profitable daily activity. The one reason I really love my professions is simply because it’s so simple and quick. When you use professions to make gold you rarely have to leave your capital city, you can quickly produce the products you want to sell and immediately start making gold.
In my most recent gold farming tutorial video I detail a little about this topic and how you can get yourself set up on the right track to really making a great deal of gold with your profession. In my video I’ve used alchemy as an example, but this type of activity can be easily ported to any other profession.
In my gold farming guide I go into great detail on how we can turn a simple profession into a virtual gold making factory. If you haven’t picked up your copy yet I highly recommend you do so. Check it out here, Zuggy’s WoW Gold Mastery Guide.
If you haven’t seen gold tip #1 make sure to check it out here, Gold Farming Tip #1 – Netherweave Cloth Domination.