16/03/2014

How to set up a group in TradeSkillMaster for auctioning vendor items.

Engineering.....can I make gold from it? Results

Results!!


Here is the follow up post about how I got on finding out the best way of making gold from Engineering. At first I posted everything that TradeSkillMaster crafting module said I could make profit on.......this wasn't a good start!!! I didn't sell anything in the first 48 hours.......

After that awful start, I took a look on the Auction House to find out what was being posted by other Engineers. I found lots of parts for sale, but I'm not sure if the sell very fast or for a good profit. The only items that seem to sell were the the Tinker's Gears. I started to focus on that part of the market and its been a bit slow, but I'm starting to get some sales and hopefully get a foot hold and become the main seller of these items.





From this picture you can see that I've only sold five out of the possible eight Tinker Gears. I do post all off them, but no luck on the other three.

Price List

These are my settings that I use in TradeSkillMaster.
Minimum price-110% wowuctionmarket
Normal Price- 170% wowuctionmarket
Maximum Price- 300% wowuctionmarket  

Please note you will need to make sure that you're using this addon.....TradeSkillMaster_WoWuction  if you want to use the pricing above.         
I want to add one Item that I haven't started to sell yet,this is the Ghost Iron Dragonling  which sells for around the 250g  and the crafting costs are 80g. So I would take a little look at your Auction House prices and see if this could be added onto the list above.

I was hoping for Engineering to become a big market of mine, but I think I just need to keep posting the Gear's and maybe the Ghost Iron Dragonling until the WoD!!


Shinn

12/03/2014

Vendor Items.......I still laugh every time I sell one!!

Here is a little guide about buying and selling Vendor Items on the Auction House!

On this post I'm going to write about Vendor Items and why it can be a fun market to get into. First thing i want to say is there are some people who play World of Warcraft, who still don't know what they're doing and there are some who are just lazy. These are the people we're trying to sell too, because everyone of these items can be bought from a NPC in Orgrimmar . I've only done Orgimmar, but if you want to find out where you can buy these items in any other city's, visit Wowhead.


Below you will see a little map of Orgimmar and more info about what items to buy and who from......(check out my amazing skills using paint)





                              Orgimmar


Kithas- Enchanting
ItemVendor Price My Price on AH
Star Wood36s15g
Simple Wood31c2g 50s
Copper Rod1s 24c65g

I sell Copper Rod's all the time, so I know the price looks high and you may need to mess around a bit until you find your best price. I've not been selling Star Wood long, but I've so far it looks good at the 15 gold price.

Kor'geld- Alchemy
ItemVendor PriceMy Price on AH
Crystal Vial20c2g 50s
You we sell lots of these if you set the price right!!

Sumi-Blacksmith
ItemVendor PriceMy Price on AH
Coal4s2g 50s
Elemental Flux2g 40s10g
Weak Flux80c2g 50s
Strong Flux16s10g

First time selling myself, so I might have to change the price around a bit......but I did sell some Strong Flux in the first 1st hour of putting them on the Auction House.

Tamar- Leatherworking
ItemVendor PriceMy Price on AH
Black Dye50c2g 50s
Blue Dye50c2g 50s
Red Dye50c2g 50s
Orange Dye10s2g 50s
Purple Dye25s2g 50s
Coarse Thread10s2g 50s
Pink Dye25s10g
Ethernium Thread3g10g
Fine Thread1s2g 50s
Silken Thread5s10g
Heavy Silken Thread20s2g 50s
Rune Thread50s2g 50s
Salt50c2g 50s

The Dye's are not big sellers, but I keep trying to sell them. Eternium Thread always sells, just make sure you have the price set above 3 gold.......

Moraka- Insciption
ItemVendor PriceMy Price on AH
Vanishing Powder8s15g
Dust of Disappearance12g 50s15g
Tome of the Clear Mind40s10g
Light Parchment15c2g 50s
Plain wooden Staff19c65g

I sell all of these items apart from the Plain Wooden Staff. This one is new to me and I might have to change the price until I get it right.

Suja- Cooking
ItemVendor PriceMy Price on AH
Simple Flour5c2g 50s
Mild Spices2c2g 50s

These are new to me as well!!

Sovik- Engieering
ItemVendor PriceMy Price on AH
Hair Trigger90s15g
Heavy Stock20s10g
Walnut Stock5g15g
Wooden Stock1s 60c2g 50s
Engineer's Ink16s10g
Not really been big into selling the Stock's and Trigger's, but thought I would give it a go and see what gold I can make!!

TradeSkillMaster Video

I'm going to be doing a video showing how to set up these groups using TSM in the next couple of days, So make sure you keep an eye out for that!! Plus if you want to leave a comment telling me my prices are wrong or if its helped you.....please do or drop me an email to talesofgold@gmail.com and ill copy it into the post............

I hope this helps you start your own Vendor Item market.....its not going to get you to gold cap, but as I said Every Copper Counts!!

Shinn

09/03/2014

Why do I have so many gathering professions? Part 2

Its been a week since Part 1 and I've started to change my ways!!


Fearsom


I've dropped Herbalism and added Tailoring and I've already lvled up to 300. It took me one night to do this and I was surprised how easy it was. I only got stuck on one point, when I ran out of Rune Cloth and had to go and farm some. That took me about a hour to get what was needed, but it was worth it because a couple of XMog pieces dropped!!

When I first started buying the materials I needed to go from 1-300, I was thinking this was going to cost me big time!! So I had to think about how I was going to get my gold back....

The Plan

The plan is to sell anything above crafting price and DE the rest and then sell the materials back though the Auction House. I'm going to be monitoring how much I spent and how much I make back from sales.. 

Riojaa



I have changed both of her professions to Blacksmithing and Jewelcrafting. I have done the same as with Fearsom and lvled 1-300. Plus I'm going to be using The Plan to get gold back. I found  lvling Jewelcrafting easier and cheaper then Tailoring, but Blackgsmithing was a right pain and cost me over twice as much and I didn't use the Ghost Iron short cut. I thought for this blog I would do it the old way!!


Results

I have done a table, so you can see how much I spent on mats and how much gold i made back from selling some crafted items the disenchanting the rest and then selling the materials on the Auction House.

ProfessionsMaterial Costs (Gold)Sales (Gold)Cost (1-300)
Tailoring24377661671
Jewelcrafting14711757-286
Blacksmithing44197973622
Total832733205007

I also have around 3.000 gold worth of materials on the Auction House right now, but it may take a while to move.


You can see the only profession that I made a profit on was Jewelcrafting, this was done from a mix of disenchanting/selling materials and prospecting ore. Prospecting ore was the main reason that I made 1757g from Jewelcrafting and its given me a idea. I'm going to start buying up any cheap ore that I've used so far in Jewelcrafting and Prospecting it for Simple gems. I know not all of the materials that I get from the ore is going to be worth a lot.......but something like Moss Agate sells for up to 35g each!!

Here is a list of Simple Gems that I'm going to try and sell...

Prospected from Tin and Iron Ore
Jade- 2-5 gold each
Aquamarine 5-10 gold each

Prospected from Thorium and Mithril Ore
Huge Emerald 10-20 gold each
Blue Sapphire 15-25 gold each
Azerothian Diamond 20-30 gold each
Moss Agate 25-35 gold each, ore needed is 

Now you know where you can get these Simple Gems from, you need to make sure that its worth while paying for the Ore. Prospecting uses 5 pieces of ore, so before you buy go and 
check the prices of the gems and make sure that its profitable.  

Example 1: Jade is 2g 50s each , Iron Ore is 75s = No Profit

Example 2: Huge Emerald is 12g each, Mithril Ore is 2g 45s = No Profit

Example 3: Blue Sapphire is 13g each, Mithril Ore is 2g 40s= Profit

Example 1: Its easy to see why there is no profit from Prospecting, because the cost of the Ore is too much.
Example 2: Has no profit because the cost of the Ore is cheaper then the gem, but you need to add on 5% cut from the Auction House.
Example 3: Is fine because the Ore is cheap and you know that even after the Auction House cut you still make a profit!! 

That will do for this part of the post.....but keep an eye out for Part 3, where i push onto 600!!!


Shinn

06/03/2014

Shinn's Tales of Gold: Episode 2 Gold making in World of Warcraft!!

Episode 2


On this video I show how to use cancel scan and then re-post my Glyphs. I try to do this 3 times a day, as it only costs 1 silver for each Glyph posted. I also show how I use TradeSkillMaster Crafting to restock my Glyphs.

Hope this video helps......


Edit. Please note for some reason the video is only in 480p........sorry!! (Thanks Wind for letting me know)




05/03/2014

Engeering.....can I make gold from it?



Testing out new market


On Sunday 2/3/2014 I thought I would see if I could make  gold from selling items crafted from Engineering. I'm doing this because sometimes I think you need to try different ways of making gold and not doing the same old routine. 

I already had an Engineering at max level so I can make most items. Here is a list of what I've made and tried to sell.....





So far after setting the auctions for 48 hours I have sold none!! So I think I need to do this for at least a week to get really good if worth my time and effort! I've been over to The Undermine Journal to see what is selling in Engineering......answer, not a lot. There doesn't seem to lots going on. The only thing that seems to be common is the Sky Golem which everyone is trying to sell.If I really take my time and find out what people are after I could get a foothold in this market.


Plan

Over the next 2 weeks, I'm going to research this market and only craft gear/parts which might not be worth lots of profit, but know they'll sell.


Shinn

01/03/2014

What a week i've had!!

What a week

This has been a very important week for we with starting this blog and dipping my toe into the streaming world. I've also been thinking of starting a pod cast, but I need to do some more planning on that front. 

Good start

Well to start off, my blog has gone very well, with lots of nice things said about it. Thank you to everyone for your input!! I really enjoy telling people my story's about gold making and hopefully some of the stuff that I post helps other people....

Rubbish middle

But part from the blog this week hasn't gone so well.........I did my first stream on twitch the other day and I think I spent most of my time playing around with settings!! I was lucky that GoblinRaset popped in for a chat and helped out. So I thought I would try again last night and it went even worst then the first time lol. I did start to think, I'm not cut out for this streaming malarkey. But I am not going to give up, so if you want to see how bad/good I am follow the00shinn and come and take a look.

The unknown 

Could this week get any worst??? I don't know still got the rest of today left and tomorrow, wish me luck!!

Shinn