Different Niches In The Economy Pt1 (revised)
So, you hit 70?!!
Nice, gratz,kthx.
What now, your half green and blue you just managed to scrape a flyer thats slower than my granny and Karazhan is on your to do list.
Your freinds are getting all these random world epixx, cashing in. Whilst you are stuck trying to get rep and attunements. Ofcourse RL calls, WoW is at the bottom of your priority list (well it should be) and you dont want to spend all your play time grinding levels, grinding cash, grinding mats.
(Btw you are now entering the world of motecraft)
This is general, and there are several tips and guides i will explain.
Simple Gold Making Techniques
1, Buy Low sell HIGH!. Now you've probably heard this before but I'm going to give some examples and get more specific.
You often see people selling raw materials in the Trade channels, things to look out for:
-High End Cloth
-Motes
-Ores or Bars
-BoE blues
-Certain Recipies
-Rep increasing items
With high end cloth the majority of it tends to be Netherweave, which is in good supply but also in good demand. So to profit from this you must check the AH, find the average price (don't undercut to much, this lowers profits) ask out in Trade channel "WTB Netherweave cloth" if you get replies ask for a price that is 1.5-3g cheaper than AH depending on the AH price. But this means you have to buy in bulk, although you still get more profit in the end. So you've bought 10 stacks of Cloth, for 2g a stack. AH each stack for 4g or depending on what you server demands are (1.5g -3g more than what you bought for). Tactics such as 3.99 BO are effecting because people think they are paying 3G but in reality they are paying 4G. If this was done with good succes you have almost double your original spent cash. Endnote :Buying in bulk really helps in this case, and een if you dont get double what you paid for you still profit more or less depedning on the amount of cloth you bought.
Motes, control our economy. There prices rise and fall as demands increase and decrease.
This example is more profitable in long term but once the original spent is made back (which based on the amount made per unit is quick) the profit just keeps on rising.
Take the tradeskill alchemy, powerlevel it ( I don't care how but the less you spend the better obviously)
Spec Transmutation. This will cost im told (500g) in motes i think although if your class is adept at farming then do it yourself. Get the recipie transmute earth to water. On most servers Water is worth 4 times Earth, so youve done transmutation it procs suddenly your profit has been quadrupled. Thats roughly 120g for 1 minute of transmutation. Wait a day, do this again you should get atleast 20g minimum profit per transmute, even better if somones asks you to do it and they offer you more and supply the primal earth.
This is much more useful for those who don't get alot of playtime, but can still rake in 20-140g a day depending on there luck and 1 minute work.
Another transmute which is quite profitable is arcanite. Arcance crystal goes for max 4g my server, thorium max 2g per bar. 6g total. Transmute sell for 14g BO if it procs same as above.
Ores and Bars supply the materials for three tradeskills. Its simple really. Find a map of an area (nagrand, HFP) and do circuits, my usual route on a normal flyer yeilds between 80-200g in off hours.
However if your not wanting to compete with farmers I'd suggest Winterspring and rich thorium veins. A place to start would be search the enitre southern area with the elites, then loop around the edges and come back to the southern most area. This can yeild 80 thorium bar which on my server can sell for max 240g. Not counting the gems.
BoE blues are a good way of making money, although you need cash to make cash with this strategy
Things to look for are blues that have alot of one or two stats for ther level and also have a good dps for the level. Things in the 19lvl range are in high demand because people want to twink out there rougues and warriors in the Lowest level bracket of pvp. A reasonable place to farm these BoE blues is
Shadowfang Keep
Centaurs In 1k Needles (Galak I believe)
SM Graveyard
Also, running lower level players through instaces can be very profitable, say you take a group of 4 people and yourself through deadmines 5g a head. Thats 20G for about 30 mins work at lvl 70.
Certain recipies of all tradeskills have value, but you must know your AH to know their worth.
Crusader enchant recipie average price 110g, buy this if its 70g- and resell for average price that a good profit for simple common sense.
Another example is steel weapon chain, which is an uncommon blacksmithing recipie but is as rare as random world drop epics. This sells for 300-400g and if you see one for 50g- buy it as quickly as possible and resell.
Items that give reputation gain with certain factions are very sought after. Mainly because people dont want to grind it them selves they'd rather buy the required items and just hand them in. This is where you come in, people will often spam WTS marks/sigents or armaments/tomes. Again know your AH if what they are asking of buyers is very little and a good profit could be made of it, go ahead and ask them if they want to sell you there items for X gold. Somtimes people sell say a stack of 200 but for a sharply reduced price to normal single stacks if bought in bulk. An excellent way to profit from this is then dividing into stacks and reselling for just under the maximum-average price (10 silver diference in BO prices) This will yeild you more G per signet and leave you maybe 30-40G better off depending on Ah price and original money spent.
2,Getting the materials youself, where to get them, who to sell them to and how much.
So you've just dinged 70 bought your mount blah blah blah. But you need cash, this section will tell you how you can go about making good amounts of gold just by circuit grinding.
There are four materials you can grind:
Ore
Leather
Cloth
Primals
I shall start with leather. Skinning is the art of killing beasts and then taking there skins, but beasts do not just drop skins but scales and hides. So how do i profit from this? Simple I shall list the steps in order for maximum profit, however i would like to point out that although there is some money in knothide leather there is much more money in other places of the realm which can only be taken through skinning.
1, Know you AH, do a price check on Cobra Scales
2, Go to Shadowmoon Valley, stock up on food,arrows,water whatever is necessary for efficient killing.
3, Go to Coilskar Cistern, this is possibly one of the best places to make cash as a skinner.
4, Grind on the naga and the COILSKAR COBRAS.
5, Skin the cobras loot the naga
6, This will yeild lots of normal leather (knothide usually 5g a stack)
2-3 cobra scales (depending on server price 60-120g)
several greens and perhaps a blue also lots of cloth will drop (4g per stack of netherweave my server)
7, I did this for about 2 hours one night as a Beast Mastery hunter. Made about 200g, got 6 scales and 3 greens and alot of leather, the reason for so many drops is that I practically didnt stop killing mobs.
However, if it just leather you are seeking Nagrand is porbably the most populated area (Beasts in talking about) in the game, so head over there and grind leather to your hearts content.
I find this efficient because 2 of the above listed, are dropped here.
Now onto Ores and Bars.
Genuinly most servers have primarily similar prices and demands so im going to tell you what one of the largest commodities in demand is. Adamantite.
Yet again i shall list step by step a way to profit hugely from farming this needed material. But first please do the following. Check your AH for prices on Ores and Bars. Please also take into acount that it takes 2 ores for one bar so if you get more profit from ore, sell ores in stacks not bars.
The key to successfully mining large amount of adamantite is doin circuits of vein rich areas. These areas are primarily Nagrand and Blades Edge Mountain.
I will link maps which show where ore nodes have been found commonly.
http://www.wowhead.com/?object=181556 for Blades
http://www.wowhead.com/?object=181556 for Nagrand
Now the most efficient circuit for Nagrand is to do a lazy figure eight from hemets sarfari camp curving to garadar, then curving to warmaul hills, the going south to Twilight Grove then from there go directly to Burning Blade ruins. Rinse and Repeat. Sending to Bank alt when passing over Garadar.
For efficient mining in Blades I would suggest somthing like the following:
Start at the node concentration south of Bloodmaul outpost, then fly to bladespire hold , then fly to ravens wood cavern check in there. Once youve exited the cavern immediatly fly towards Gruuls Lair, then north to felstorm point, then from there fly a curving point towards forge camp anger, then south directly to Deaths Door. Then Southwest to Vekharr stand.
This is as i found my favourite route as i would often find a khorium node along the way. This can yeild roughly 70-230 adamantite ore several gems perhaps a few blue gems and maybe some khorium.
Which on my server can yeild 100-300 G and about 10g worth of green gems and a blue of about 50g. If im extra lucky the khorium would yeild and extra 15g.
Now this circuit can take as much as 2 hours if done right, but the amount of ore that should be collected is enourmous.
Jewels are a new and profitable feature added in the BC as I'm sure you all know. Gems vary in value and obviously the blue ones or rare ones are going to be worth more. Incidently often you will find several green gems and a few blue gems in you mining travels. Although selling them is extremely profitable keeping them and saving them for your own sockets is even better, saving you hundreds of gold in the long run.
And finally Primals.
There are only 2 places that I have ever found uncontested and bountiful.
Skald, is in northern Blades Edge Mountains, its inhabitants are fire elementals and imps.
Both lvl 67-68 they are quite easily farmed. This location is hallowed because both mobs have a good chance to drop 1-2 motes of fire. After and hour of farming this yeilded 6 primal fires. If the price is right on your server, these primals can skyrocket to over 30g, but im my case only 27g. SO i sold these 6 primal fires 167G right there, not to mention the greens and greys and runecloth that dropped. After farming there i was up to almost 200g with only 1 death which was unlucky.
And the other is primal water. Im probably going to regret this but maybe the only unfarmed hotspot for these is right next to Shattrath. The lake north of Shatt is filled with eels, these blighters are similar to imps but have an excellent drop rate for motes of water. These primals are worth slightly less than fires but you can still have massive profits.
This section is in response to what i thought was a suggestion. As the comment says farming herbs is a very lucrative tradeskill as there is always a demand. But I dont have anything other to add to that fact. It is a constant so its always worth somthing.
Skinning will , i beleive have a massive spike in leather prices as we enter Northrend, people who want to lvl leatherworking will be buying leather non-stop. And if you skin while you level its easy profits not going out of your way. This fact applies to all trade skills.
To be Continued
These are only some examples of how to make cash depending on the amount of time you have to burn.
Please rate this and I want more examples of personal ideas/information and where people have found niches so i can add to this, Thankyou
email me at for feedback and suggestions
Rummin 70 Hunter
Rupee 45 Paladin
Bronzebeard US
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Some good tips in here.
Some good tips in here. Here's a few things to keep in mind tho...
Netherweave Cloth can be cut up into regular Netherweave bandages and sold for 3g per stack. So, if your AH is 3g15s or less, just go afk while you cut up a bunch of bandages and vendor them.
Cobra Scales have dropped in price on my server. You can also farm them in the far west of Nagrand. The Twilight Serpents west of the Forge Camps drop it.
I find Herbalism and Mining to be the most profitable gathering professions, by far. Herbalism especially is a teriffic skill to have because there will always be a demand. As the server trends towards the level cap, fewer people will need leather to create permanent items. Herbs, on the other hand, are used to make consumables that people will need constantly. The more people raid, the more they need these herbs.
Another tip for mining is to couple it with Jewelcrafting. From what I've heard, a stack of Adamantite Ore will generally yield at least one rare gem. This makes it profitable to buy the ore, prospect it, and re-sell the raw gems (or cut gems, if you have high demand cuts).
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