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.
One way to make a lot of WoW gold quickly is through the dreadful “g” word. Many players see grinding as a dreadful, arduous task, but in actuality, grinding is a major key to making a lot of WoW gold. The way to make grinding not seem so tedious is to have a solid grinding strategy guide. This grinding strategy will include the path you need to take each time you grind. It’s a straight in-and-out, grind ‘em down path. You know what you’re grinding for when you do it, and it takes just minutes to make a lot of WoW gold.
A good grinding guide strategy will include WoW gold tactics for all types of grinding. The most common kinds of grinding are cloth grinding, instance grinding, and mob grinding. Here’s a quick rundown of the three major types of grinding to help you set up your grinding strategy guide.
Grinding Strategy Guide: Common Types of Grinding
The idea behind grinding for cloth is that you hit up places where the mobs are known to drop a lot of cloth. It doesn’t really matter what type of cloth you grind for, but if you’re level 80, then Frostweave cloth will help you make the most WoW gold on the auction house.
As far as an instance grinding strategy, just set up a group and do several of your high level instances in a row. Not only will you find yourself making a lot of WoW gold just from doing the runs, you’ll also get the chance to pick up rare items you can sell high on the auction house.
When you’re thinking about a mob grinding strategy guide, just think back to all the places where there are a lot of creatures in a small area. The key to a mob grinding strategy is to kill a lot and loot everything. Most of the items may be junk, but if you’re grinding in a high level area, just selling the junk to vendors will help you make plenty of WoW gold.
Grinding Strategy Guide: Locations, Routes, and More
For a complete guide on where the best places to grind are and routes for quick grinding, check out Zuggy’s Gold Mastery Guide. You’ll also find details on some lesser-known ways to grind and an even more in-depth grinding strategy guide.
Just like the stock market, you’ll need a strategy when you’re working the WoW auction house. But if you want to make a lot of WoW gold, you’ll have to give in and hit up the auction house eventually. It can be daunting for those who’ve never tried it before, but there are a few keys to think about when you’re setting up your auction house buying strategy.
The first weapon in your auction house buying strategy should be price. Look for items that are selling for less than one gold piece. These are the items you’ll be able to buy cheaply and sell higher to make WoW gold. Not all items that are listed at under a gold will be worth your while when you’re working the auction house, but your auction house buying strategy should definitely start here.
Auction House Buying Strategy: Bid, Don’t Buy
The next step in your auction house buying strategy revolves on one keyword: bid. Make sure you bid on these items. Don’t do the buyout price unless it’s unbelievably cheap. There are two kinds of players who bid on items instead of paying the buyout price. One is the broke player. He can’t afford to pay the buyout price, so he’s hoping no one will out-bid him. The other player who bids instead of paying the buyout price is the one with a solid auction house buying strategy to make WoW gold.
You can save a ton of WoW gold by bidding instead of buying, and one way to ensure you’ll win your bids is to look for the auctions with less time left on them. Just like on eBay, the bidders with the best auction house buying strategy know to wait until the last second to bid.
Auction House Buying Strategy: Tools
There are a ton of add-on tools to help you make WoW gold on the auction house. In fact, these add-ons will make your auction house time a lot more productive, but you’ve got to know how to use them. A key part of any solid auction house buying strategy is using your add-ons productively. For a thorough guide on all auction house add-on tools and step-by-step instructions on how to use them, check out Zuggy’s Gold Mastery Guide.
Hey guys, just wanted to announce that I’m finally starting the Zug Gaming Club back up again! I started the Zug Gaming Club several months ago, but unfortunately other obligations and projects ended up putting the club on the back burner…so my apologies for the hiatus.
With the WotLK expansion right around the corner I figured this would be the perfect time to start things back up again.
What’s in the Zug Gaming Club?
- Gold Farming Tips
- Important Breaking News
- Leveling Hints
- Club Members Only Events
- Special Guides and Strategies
- Much much more!
How Can I Join the Zug Gaming Club?
Joining the Zug Gaming Club is easy, simply sign up using the form below. Every time there is a new piece of information, tip, or hint you’ll be informed automatically via email.
For those of you who have been up with all of wrath of the lich king changes then you may already be up on this, but if not you should be! The expansion is right around the corner, and with it is coming a complete overhaul of the World of Warcraft economy. Bringing with it massive changes, market shifts and new product niches.
The only question…will you change with it? or go the way of the dodo?
In my most recent installment of my newest feature here on ZugGaming I detail a bit about some of these changes and how you can prepare yourself for the expansion. Take a quick look at the video below and get yourself prepared for the biggest gold making bonanza in WoW history!