I logged in yesterday and was like: ok… I was at 120K and now i’m at 118K again… what happened to my 2K of money (1.560G to be honest)

Ooooh yeah the nether essences…. damn.

Leveling enchanting is a real pain in the butt. It’s fairly slow and very, very expensive.
Ofcourse now that Vellums are available (since wrath) It’s less painfull.
You can enchant the vellums and sell them on the AH, they don’t have a cost to post so thats even better. Ofcourse you can also use the vellums for other characters, so If you are a altaholic like me it’s nice to have about 10 diffrent scolls with enchants on your guildbank.

Nether essence is very difficult to farm (green weapons lvl40-45) so I didn’t want to have my available time in Zul’farrak. And I bought the items: 1.5K gold for lvling enchanting from 200 to 295.

I’m keeping enchanting a bit around that lvl though, want to spend more time getting everything in order. (getting my alts to 80 and gearing the last 3 spots on my shaman)

Also: I don’t know If I’m getting a blog up tomorrow. I can’t play today (going to pool and poker this eve now that I have a bit more time between work, school and home situation) And I’m off to a booksalething. 20K+ books all for 90-75% cheaper then in a store. (if you live in Belgium or the Netherlands: Boekenfestijn, look it up)

A fortune starts with one copper.
Seth

So… YES the testshow is finally here.

first off all before you start listening:
1 – This is being recorded with a fairly bad mic, a better one will be bought if the podcast is to your liking.
2- In the podcast you’ll hear me say sheep, I listened to the podcast again and I thought it came out as cheap, so trust me if I say it’s meant as SHEEP.
3- any comments or ideas are more then welcome as long as they are constructive.
4- I was very very very nervous so be gentle. You’ll probably hear it in the beginning and a little lest at the end, so be sure to give me info about that.
5- this podcast isn’t downloadable at this point. I want to see how the reactions are before pumping money into a site.

Grtz
Seth

As long as you get them out of the battlefield and in the sanctuary of Dalaran or Ironforge.

I waited with this post soooo long and I still don’t wan’t to write it, why not? Well I’m not following my own advice on this one. Still not… and I should really get started.

First off all lvl a DK to 65. Yes I hate them too, just grid your theet for 4 hours and take a shower after that, ’cause you’ll feel dirty and nubbish.
Second get 2 manufacturing skills on it. (JC and Inscription are both goodsellers)
Third: ? jk… get max skill.
Fourth: make gold.

Why Am I not doing this? Well to do this you need some seed cash or atleast a farmer.
I have neither, my shaman (lvl70) and warrior (lvl45) have the mining and herb skills. but both under the lvl cap, my main (for now) has Skinning so thats pretty useless since I have LW already. (and am not dropping it!)
The cash is also a drawback, i’ll need about 5K to get him up max proffesions. And since my banker is at 10K for the last two weeks and I’m not even going to try and make more money on him for the time being, I don’t want to spend that amount.

I’m thinking though that once Ari hits 77 I’m needing about 7K on her. so Once she’s there I’m going to get money again. Why not now? well.. RL, Raiding, Guild, Work etc. I love making money but right now it seemed like a drag, I did the same everyday, no niches in EU Ravenholdt-A whatsoever,
Maybe if Arï’s skill get maxed out…
goldfever has struck again!
*picks up pick axe and runs like a mad man!*

Okaj,
What i’ve heard from others is that there are real problems with flooding and goods that are too cheap.
Practicly they are the same thing (or the good has become worthless due new recipes etc)
I’ve already posted my solution somewhere else and got some good reactions on it so i’m posting it as a part of my blog.

So the goods are too cheap… what do you do?

- wotlk has been out for a while now and probably some gatherers have seen the prices and (not a bad) droprate from the Goods , so they are (mass) gathering it. Which in turn means that they are undercutting each other and pressing the price down.

or
- Crafters don’t have a real need for it, they craft other goods that don’t require it (or at least not a lot). This can effect the price (less demand) most probably they don’t need it because: other goods have more profit, price was too high, better gear, etc. Though some will still need it for skill up, haven’t got better gear yet, profitable again…

Personal solution:
i would say start buying slowly (very slowly like 1-5% of the market) each day. the Gatherers will see that profit is too low, and that it is selling badly and will eventually stop posting it. When the supply is limited again, start dropping the goods very slowly (at the rate you bought) on the market again. this will ensure that the price stays up for a while. If it starts dropping again, sell untill you aren’t making profit anymore.
rinse and repeat.

This tactic can mean though that you have the goods in your bank for a month or even more if the gatherer is really persistent (braindead). And you need another income to compensate for your investment. But in time it will pay up.

Grtz
Seth

“Yes It’s being spammed all the time, yes there are braindead’s there, yes Bliz ignore’s it and yes, a lot of people are afraid of it. There is a chance you’ll be infected by a terrible disease, but you must learn to use it, and venture in it’s cold scary depths!” – Seth

We all know that Trade channel is an extent of Barrens-talk (read: ain’t worth anything at first sight) But it’s one of the best tools we’ve got. And on an RP/RPPVP server this tool can do things for you that you haven’t dreamed possible!

I’m goign to start with an example, in this post that I’m sure is going to be a wall of text:
Enchanting: Have you noticed that selling the scrolls isn’t so popular? I’ll tell you why: half of the people don’t know what the enchant they want is called. and are a) to lazy to search or b) braindead. So Selling your goods over trade can be a nice extra.
Same goes with your Cooldowns (titansteel, alchemy: transmute, etc) a lot of people don’t want the hassle of going to ah and browse, and rather buy it straight of Trade.

Selling:
So what to do with Trade?
First make a macro!
typing = time consuming
time = money
typing = less money = less profit = BAD!
use the macro when you’re in a capital city. once when you enter and once when you’re about to leave.
Never, ever say : W me offer! ! ! i can’t stress this enough, you’ll be sucked in by the braindead and get their infection in no time! no seriously, don’t say it, you’ll get a hundred whsipers that they are willing to pay 15Gold for your titansteel bar or 50G for your sword of jin, etc.
Say th minimum price you want + 25%. they will haggle and you’ll have some manouvering space.

Buying:
Learn to take a look at Trade (yes i know its disgusting but do it!) You’ll see some poor snob spamming ah with: WTS 200 saronite bar or something alike. When selling by trade they expect to get rid of their goods, as fast as possible. Which means they are selling cheaper (and sometimes a lot!) then AH, which in turn means that you can sell them for more on AH… getting the point? (point = Profit!)

the Braindead and rude people:
Report them! seriously Report them! Yes they will only get a 3h ban the first 3times but then it’ll be a 6h ban and after a while a 24/48h ban. Then they should learn. Also Ignore them! use the tools given to you by almighty Blizzard, ignore the hell out of them ( ^^ ) If there are too many, search for an add-on that grants you an extra ignore list etc.
Do not ask them to stop, it will become worse if you do. I’m on an RPPVP serve with monetize and use /2 a lot. (for selling items i don’t have but i can buy from ah if someone awnsers) And i’m known there by the Braindead since i’ve gotten them a couple of bans (read: about 243+) I use things like: Selling some excellent boar meat, perfect condition, prime meat! (you catch my drift)
First reaction i get: OOOhhh it’s monetize! selling some overpriced stuff again? or don’t you already own half the AH? etc etc first time i saw this it was: i’m just trying to make a living, and they went on for 30mins! (i know i logged in with an alt after 10mins and flew to IF and they were still at it!) so now i do it the easy way: report them! i also use NotesuNeed so i can make a note everytime some braindead’s invade Trade. and if you’re consistent you’ll see that there are a lot of names that keep popping up!

I went a bit of topic so i think it’s about time to close up, last tip:
Keep your eyes on Trade, you’ll see at least 1 good deal a day

and remember:
a fortune starts with one copper

EDIT: typos (sorry!)
Grtz
Seth

Today i saw Qü again, i hate that fellow… he makes a living by undercutting me.
This though reminded me that i haven’t updated the blog today, and give me a todays tip right in my head.

If you see a fellow auctioneer/banker. add him to your friends list. and put up a note (i use notesuneed for this, but blizz’s note is sufficient.) Mostly you can see the serious fellow bankers from a mile away… dressed out in tuxedo’s or dresses. But why would i do this you ask? Well it has a couple of advantages: you can see when they are online. (for example: if your seeing 10orso online, wait with posting and buy stuff since they ussually lower the price) You can use the general search to search by name. so just have a look at those bankers in your friends tab, and see if they have some low priced mats on it (this is ussually true sunday eve and monday -since they want to get rid of their maths) or to just have a look at what they are doing. (for example: if you see 2-3 bankers posting lets say borean leather dont post it right now, they are competing and probably overflowing the market!). You’ll also get an idea of when to bid, no other bankers online = Bid now! bid bid bid! ^^

Well this was my small tip for today.
grtz
Seth

remember:
A fortune starts with one copper!

I’m on a rather small server and AH with monetize. This means that some trade goods have a very low quantity on the AH. For example: Yesterday i was manually going over metal&stone for a look at the pct there. (yes i still manually search sometimes) and it hit me that there are no tin bars and no bronze bars, as if to emphazise this a shout went over /2: WTB 100 tin bars (clearly a blacksmith/engineer who doesnt have mining). Now i have a miner, and have 40 tin bars sitting with her (for Jc). So as a good banker, i logged out, went to my alt, sent the bars, logged in with monetize agian and posted them, at a price of 130%.

If your alone in the market and there is no competition this will happen:
- others will see that you have a monopoly and they are trying to undercut you. (im lucky since i’m on a small server, that gives me a bit of time)

So you want to make as much of a profit as possible! What do the most do? they double or triple the price and dump all what they have on AH. This is Wrong. So wrong!

First off all, the customer has a “plafond”, which means, if they are used to paying 5G for a stack of tin bars, and you are putting them up at 15G, 99% will not buy them. ofcourse there is that one M&S (to put it in Gevlon’s words) that will buy it. but then you still have the other 9 stacks or so to sell.
Second, if you are posting all your stacks, then there is an overload of goods and prices will drop again. which becomes a problem since you can’t undercut anymore! (all your stacks are already posted remember )

Two ways to handle this:
first: put up 1 stack at 300% with an alt of yours, wait untill your being undercut. then put up 3orso stacks (again depending on demand) at 200%. People will think your cheap and buy your stuff instantly (for use or resale = which keeps up the price) This is a good strategy when you’r certain, you can check the ah the first 3-4h after your initial post.

the second way is a bit ‘easier’ and refrains a lot of people from undercutting but needs a less active AH or a low-mid lvl product. slowly drop the goods in AH. at a price of 125-150%. This will refrain farmers to farm like crazy for your goods. why farm an hour for only a small profit? (low lvl goods = less gold for their work.) If you do this with higher lvl goods, farmers will be more anxcious for a piece of the pie. When they undercut you, simply undercut them again by 1% with 1-3 stacks (again depending on demand).

What do you guys do when your alone at a market?

Hey all,
my sec video is comming up!
It’s a quick review of the indepth config of Auctioneer, sorry about the low quality but i have a max upload of 100MB here on blogspot.com

Edit: oh my god… i hate my own voice and was waaay to nervous.
If anyone wants it changed, just leave a comment

I had a slow day yesterday, only made 100G and a couple of vendors (I still can’t believe someone can be so stupid or ignorant!… check the vendor price first!)
But with Help of Markco and his guide, i’m going to do something new! (or atleast i’m going to do it at a bigger extent/market)
Right now all my income is comming in as, as we call it “Shotgun bursts” I buy something up if its low priced and resell it. ex. Nesingwary 4000 and combat plated shotgun. bought for 200G under value and resell it. Boom, Boom, 2x 200G profit. then its quiet for two days (getting an average of 100G profit a day (+/- 500G incomming that is). Boom! 5 frostweave bags sold (5x15G profit) – Extra profit i mean.
So extra profit is nice and shotgun bursts work nice, for the first 2K orso…
But now i need some extra streaming profit.
So i’m going with commoditie selling. probably low lvl(1-60) ores/herbs and mid-endlvl(60-80) leather.
It’ll be a big risk (draining all my money steadily before i can get my cashflow rolling but i have trust that this will work. (hopefully…please?)
So i’ll let you know in the following days how i’m doing. and what I’m selling.

Grtz

don’t forget, you guys can still ask me for a video for what you think is worth showing!

I love Darkmoon Faire, certainly now that they are selling sweet sweet Northrend herbs!
As everyone (or at least a lot of) people now the Darkmoon Faire is being held in Shattrah. (for the moment at least)
So i took a look there with Ariäna, bought my self some herbs, mote of … (make your pick) and some leather. I’m selling all of those now at ah, and the motes/leathers already are sold (bought for 25S selling for 1G = ka-chingching (gold!) ) half of the herbs are also sold (selling for 2G bought for 17s)

So a tip for you: buy all their herbs! and resell them at AH! (though make sure, you can make a profit first!)