Thursday, December 9, 2010
(Note: Acadia's gold does not support Profiteering from game glitches and the post below is only up to let the public know that it exist)
Ok so here is the deal. I discovered a fun little Glitch on my Droid's version of the remote auction house last night (not sure about Iphone but it is a No on the Online remote auction house). I did a little testing with it and Sure enough it seems like it's across more than just my server.
Anyway allow me to get to the point. I was checking my auctions on my phone as I am apt to do, when I accidentally clicked on my new Goblin. I started going through the auction house and noticed that things didn't exactly look right. It was at this point that I realized My GOBLIN was on the Alliance Auction house!
I Figured this might be a programming glitch or that it might only be an issue for Burning Blade (My Server). So I created a couple test goblins on other servers. Well as of this morning... all the goblins are still pointing to the Alliance AH. This is great as it means I can effectivly cross faction trade on a single character!
I tested by buying a few items which Showed up in the mailbox when I logged in, as well as selling a few items that ended up being posted on the Alliance AH. so it seems to be functional.
So I want to know if anyone else out there is having this happen with them? If so please let me know .
If this is universal, The Profits to be made should be pretty obvious. you should easily be able to sell and buy Cross Faction pets, faction exclusive recipies, Wool cloth as well as other endless Flipping possibilities.
I am sure this will be fixed soon and might not even wait until tuesday, so take advantage of this while you can!
Wednesday, December 8, 2010
So far I have managed to log an incredible 2 hours of cataclysm (thanks work). My computer is up and running however, and I am trudging forward into the new content. Anyway, I figured now would be a good time to talk about a very real cost of doing business.
As cataclysm progresses and you start placing more and more new content items up on the auction house, You need to start paying more attention to one of the numbers that a lot of people simply don’t factor in while making their calculations, The Deposit cost.
A small hole can sink a ship. So when you are judging what to price an item for seriously consider if you are better off Pricing it a little lower to give you a better chance of selling, or if you want to post it 2 or 3 times to maximize your profits. As the cataclysm Items are posted, As with any item with an Increased level. It’s deposit cost is going to Higher as well. This is all fine and dandy if you manage to sell the item within a 48 hour period as you will get the deposit back. However if it takes 3-4 posts to sell, you may already be in the red.
This is especially important if you are a person who makes the majority of their gold Flipping items. Before you buy out those stacks of Herbs at 60% value…. Take a look at how much a 48 hour deposit is. You may find that after a single posting, You’re breaking even.
This is something I am guilty of myself…. In truth I probably lose a few hundred gold a day because of deposits. It’s easy to do, If you’re not the spreadsheet type and you simply watch your gold keep going up, It’s easy to think you’ve got the market all figured out. However if you take a quick look at the number of returned auctions , you should be able to see just how much Money you are really losing.
Now I am not going to say you should be selling 100% of your auctions, which is of course a unreasonable expectation. But stepping back and taking a look at where the holes in your boat might be is an important thing…. The gold you will save is going to be substantial.
Monday, December 6, 2010
So Cataclysm is here.... We are just mere hours away from the shattering of the world and one big ole dragon person.... And I am back in business (after an hour worth of Power Supply installation).
I am currently Expecting to see some of the low level mats increase in price over the next couple days. Which is good as my power supply went out while I was buying large quantities of Ores and Gems. I am thinking that the Influx of Worgs and Goblins coming into the realm with Sugar Daddy Mains will be Power leveling these little low level characters into their skills (ENG anyone?)
Yes the new players will also mean a new group of Suppliers (those leveling a Gathering profession) but I do not believe it will keep up with the demand starting out.
In addition any Gathering professions that you have on your mains are going to be HUGE... start getting those new mats and sell them as quickly as you can (prices should be highly elevated due to the demand).... If you are new to the gold game there is not better time to start building your stack!
Friday, December 3, 2010
Sorry for the lack of posts of late folks. just thought I would let everyone know why. My Power supply Finally died completely so my Home PC is shot as I wait for a part to be delivered (posting from work atm so making this quick).
I promise I have not gone anywhere but right now I am sweating hoping I can get everything back up and running in time to load and start Cata for you guys. So as soon as my Machine is back up I will continue the Gold tips.
Anyway Just wanted to update my readers on what's going on. I appriciate your patience.
If you want a quick gold tip... umm..... Buy Enchanted Vellums at the enchanting supply store for 9 silver each and sell um on the AH (they are still fetching 50s-2g each). I don't expect this market to ever really fall below cost... let's face it (some) people are lazy and would rather pick them up on the AH then go and find the enchanter.