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
There are so many aspects to playing WoW, that you really need to use several add-ons to help you make WoW gold. Doing WoW gold farming will only get you so far without add-ons. All of the best gold making add-ons will help you lay out the best WoW gold strategy for your character. You’ll find gold making add-ons to help you analyze item prices at the auction house, map out routes for all gathering professions, and much more.
For more WoW gold making tips and complete details on all the best gold making add-ons, check out Zuggy’s Gold Mastery Guide.
This week’s wow gold farming tip is a continuation of last weeks video tip, in which we discussed just how effective mining can be to dramatically increase your gold. For this week’s tip we’re talking about jewelcrafting. Specifically how we are going to use jewelcrafting, prospecting, the auction house and fundamental principles of economics to get your the gold really flowing.
Check out the video to see how you can start taking advantage of these market niches and making some really easy gold!
One brief side note, even if you aren’t a jewelcrafter yourself chances are you know one. Most of these techniques are straight forward enough that you can simply ask a friend or guild mate jewelcrafter to help you out.
If you’re looking for WoW Gold farming tips then you’ve come to the right place. Farming WoW gold isn’t exactly as easy as a lot of people try to make it out to be. To often I think players are under the impression that making gold in WoW revolves around grinding mindlessly for hours on end.
Well, I’m here to tell you it really doesn’t have to be. There are lots of strategies you can use that employ little time investment, but can make you insane profits if used properly. This type of thinking is the very essence of my book, Zuggy’s gold mastery guide. I’m not one to go out and grind for hours, so in my book I show scores of strategies you can use to make thousands of gold, without farming for hours on end.
With that said, let’s get on to this week’s gold farming tip! This week’s wow gold farming tip revolves around one central material, netherweave cloth. In the video below I detail some very simple and easy strategies you can employ to start making easy profits today!