Showing posts with label Trade Channel. Show all posts
Showing posts with label Trade Channel. Show all posts

Monday, October 15, 2012

Dust of Disappearance Still Selling Strong! LOL

Dust of Disappearance Still Making Me WoW Gold

It's no secret to most of us WoW gold making goblins that Dust of Disappearance is easily purchased from the vendors of Azeroth, but please don't tell my customers! 

Scribes are able to use their Inscription profession to craft 3 Dust of Disappearance for the lowly cost of 1 Blackfallow Ink.  While we can still craft the Dusts, it isn't recommended as a profitable strategy.  It used to be a very profitable option for Scribes looking for a better use of Blackfallow Inks.  Hell, on my home server it was often more profitable to craft and sell Dust of Disappearance over crafting Glyphs of any kind thanks to the invasion of kobolds into the Glyph market.  Now it isn't recommended at all to craft the Dusts for selling. 

Why?  Because as of the MoP expansion Pre-patch (WoW Patch 5.0.4), the vendor price got nerfed and more vendors are selling them.  A single Dust of Disappearance now only costs 45 silver (before applying faction discounts) from the in game vendors and there are 196 vendors that currently sell the Dusts! 

Prior to the Patch 5.0.4 that nerfed the vendor price of the Dusts into the ground, crafting Dusts and selling them for under the vendor costs was quite profitable.  I was a major proponent of also barking the Dusts of Disappearance in the trade channel to increase awareness that players could find them cheaper on the auction house.  Players weren't stuck paying the vendor prices, which at the time were 7+ gold each, depending on the players' reputation with the vendor.  Barking helped to increase awareness and urged players to save gold by purchasing from the WoW auction house.  This Dust of Disappearance Barking Strategy made me thousands of gold and allowed me to rival the good days of glyph sales, with only crafting and selling Dusts and MFCs and leaving the Glyphs to the Kobolds and White Knights.

My main Dust bark was:
"[Dust of Disappearance] is cheaper in the AH than on the vendor. Swap Those Glyphs & Save Some Gold Too!"
Then the vendor change came in Patch 5.0.4 and the sales of Dusts on the auction house died along with the cheaper vendor prices, right?  NOPE!  Although, I have quit using my Dust barking strategy, because that would be lieing, the sales continue to roll in.  Not only do I still make a nice profit off of selling Dusts of Disappearance, I no longer have to craft them myself.  I just buy stacks off of the vendor for the dirt cheap prices and sell them on the auction house for the same prices that I used to charge pre-patch, making even more profit per sale with each transaction.

How can I do this?  It's pretty simple.  By barking that they were available for cheaper than the vendor cost for so long prior to the expansion and the pre-patch changes, I've trained my server to first look on the auction house for their Dusts of Disappearance.  I bet many of the players on my server are unaware that the price has even dropped at the vendor, at least my buyers must be full unaware.  Why else would they be paying be 7+ gold per single Dust, when 7 gold would have bought them more than 14 for the same price as what I charge for a single one? 

Remember, those markets that you expect to be dead, can be quite profitable when others expect them to be dead too and vacate your market.  Sure, this can't go on forever because most players should eventually learn that I have been overcharging them on the auction house, but I'll keep making easy gold off of them until they wise up.

Anyone else still making gold off of Dust of Disappearance too?

**********

Check out some of my Squidoo lenses:  Alliance Vs Horde - Come Vote! | Diablo 3 Gifts For Gamers | Getting Started Podcasting 101 | Play Money by Julian Dibble | Auction House Junkies | Fluxx - My Fav Card Game

Recommended Guides: Secret Gold Guide | Journal of Marcus Ty | WoW Secrets

Thursday, November 24, 2011

Inferno Ruby Action | What A Steal From Trade Chat

You Have Inferno Rubies For Sale?


The Inferno Ruby Plan

Last night I got a great deal from someone advertising his goods in the trade chat channel.  I always like to look for deals or business in the trade chat channel to make even more gold in WoW.  It doesn't take much effort to monitor the trade chat channel while doing my normal auction routines.  Sometimes in trade you can find a great price or find a supplier for your gold making factory.

Some of the items I am stocking up for WoW Patch 4.3 gold making are the rare red gems (Inferno Rubies) and the big 3 red gem cuts (+Agi, +Int, +Str).  The demand for the gems should explode when Patch 4.3 drops and all of the new gear upgrades start to pour into your server.  With the current pre-patch slump in WoW, sales just aren't coming in as quickly or consistently as the prior weeks.  The cut Inferno Rubies on my server are sitting around 125-150 gold currently.  On reset days, the price can rise up to 200+ per cut and sometimes I make sales as high as 225-250 gold for a single Inferno Ruby cut.  I expect 200+ or higher prices when Patch 4.3 releases.  So you can image my excitement when I saw the following in trade chat last night:
"Selling Bold Inferno Ruby & Brilliant Inferno Ruby 100 gold each."
I've already been buying up gems that get under 125 gold on the auction house.  I've been stocking up on some Inferno Rubies and cut ones as well to get ready for the demand spike in Patch 4.3.  So I quickly contacted the seller and asked how many gems he had for sale.  He responded back tell me "as many as you need."  Ok, great!  So i put in an order for 1000, which was met with a gasp.  "I don't have that many.  Maybe more like 50 or so."  Hahaha.  Ok, little guppie.

The Inferno Ruby Deal

I end up working out a deal to have him cut the rest of the Inferno Rubies he has on him, bringing the total to 60 Bold Inferno Rubies.  So at 100 gold per Inferno Ruby, as stated in his trade chat advertisement, that would bring the total cost to 6000 gold.  I ask for a bulk discount since I am going to be buying him out of his for sale stock of cut red gems.  I'm thinking 5.5k (500 off) would be a nice bulk price discount for saving him the trouble of selling the rest.  He responds back with 3.5k gold for all 60 Bold Inferno Rubies.  Oh WoW!  What a crazy bulk discount, that's almost half off!  So I buy the 60 Bolds for 3.5k gold, which equates to under 59 gold per gem.  Remember, they are currently selling for around 150 gold.  I go ahead and buy all 20 Brilliants Inferno Rubies as well, for a total of 1.2k, another great deal.

I quickly try to get this guy hired and constantly sending me cut gems COD, but he replies with, "I think that's all I should sell you, since I hear the might be used in the next patch."  "Plus I'm tired of farming."

I'll check back in a day or two and see if he's hungry for some more quick gem sales.

Moral of the Story:  Don't write off all of trade chat.  You never know when you will find a great deal you otherwise would have ignored.




Enjoy The Posts Here at Cold's Gold Factory? Check Out Cold's Mysterious Fortune Card Mastery Gold Making Guide. Also Check Out My New Favorite All Around WoW Gold Making Guide or the PvP and Gold Making Combo.

Monday, November 7, 2011

Use Trade Chat To Make Gold In WoW

Make Gold With Trade Chat Watching

The trade chat (/2) channel in World of Warcraft was designed for players to have a place to hawk their wares.  Trade chat is also where you can seek goods or services in addition to the WoW auction house option.  Trade chat has degraded into a lot of garbage chit chat on most servers ranging from  spam to the typical Chuck Norris jokes, made famous in the now defunct Barrens Chat.  Trade chat is so bad sometimes that many WoW players ignore it altogether or have a blind eye for most trade chat messages.  If you are ignoring your WoW server's trade chat channel, then you are missing out on some nice and quick ways to make extra gold in WoW.

When dealing with trade chat bartering you will occasionally run into a player that knows his markets and his pricing, with a good intellegent expectation for the potential deal.  Oftens times though, you are going to be dealing with ignorant and uninformed players, or players that are desperate for specific items.  Sometimes you will see players searching for items that are available on the auction house already.  Sometimes they don't even understand how to search the auction house.  Other times, the item they are looking for is unavailable on the auction house, so they turn to trade chat to look for the item.  These are great times to take advantage of another players demand or desire for a specific item. 

Many of these deals I have found from trade chat clients end up being quite profitable because:
  • The buyer is willing to pay more to be finished and done with whatever task, quest, or goal they have.
  • The buyer is ignorant of the true value of the item.
  • The buyer is ignorant of another option for indirectly getting the same item from the auction house.
  • The buyer is unable to create the item themself.
Here are a few examples of some of the recent profitable deals I have worked from the WoW trade chat.  Remember these deals get even sweeter when you can avoid the auction house fees completely.
  1. Got a 20 gold tip for Sundering 1 Primal Fire into 10 Motes of Fire.
  2. Sold a buyer 2 Felsteel Bars for 150 gold.
  3. Sold a quest completer 1 Khorium Power Core and 1 Adamantite Frame for 400 gold.
  4. Sold 5 stacks of Cobalt Bars for 650 gold, when market value was 100 gold per stack.
Share your latest highway robberies from trade chat in the comments.



Enjoy The Posts Here at Cold's Gold Factory? Check Out Cold's Mysterious Fortune Card Mastery Gold Making Guide. Also Check Out My New Favorite All Around WoW Gold Making Guide or the PvP and Gold Making Combo.

Monday, April 4, 2011

Undercutting Jessica Sellers

Jessica Sellers



Free Thinking

One of the things I try to do here at Cold's Gold Factory is to show you ways to think outside the box.  I like to try and show ways of thinking that you may never have thought on your own.  Today's post is going to be just that.  Let's look at a few strategies I have talked about before and see if we can utilize these in a different way.  In this post we will revisit Barking, Undercutting, and Oppurtunity, but in a new light.  The best student is not one that simply copies and mimics, but one that grasps the knowledge and implements their own variation to improve upon the original concept.

Jessica Sellers

Most scribes know the Ink Trader Jessica Sellers by name.  She's the vendor in the Dalaran Inscription shop that will trade Blackfallow Inks for various other inks.  Jessica Sellers now has 2 similar ink trading vendors located in both Orgrimmar and Stormwind.  It is no longer required to head to Dalaran to exchange your inks as there new ink traders on the main continents have been added since Patch 4.0.6.

The Ink Traders Will Trade:

1 Blackfallow Ink for 1 of Celestial Ink, Ink of the Sea, Ethereal Ink, Ivory Ink, Lion's Ink, Midnight Ink, Jadefire Ink, Moonglow Ink, or Shimmering Ink.

10 Blackfallow Ink for 1 of Snowfall Ink or Inferno Ink

A scribe that is looking to make a bunch of Darkmoon Faire Cards or Decks may run low on Snowfall or Inferno Inks.  That scribe can come and trade in 10 Blackfallow Inks to get one of the rarer inks required for the Darkmoon Cards. 

Cost and Profit Analysis

I myself do not use this ink exchange option, mainly because I have a lot of Inferno Inks as a bi-product of my Mysterious Fortune Card business.  And even if I run out of Inferno Ink, it is more profitable to use those 10 Blackfallow Inks to craft and sell 10 Mysterious Fortune Cards than to trade away 10 Blackfallow Inks for the 1 Inferno Ink.  Why?  Because the price of Inferno Ink is not high enough to make ink trading the ideal use of the inks.  I can make 10 MFCs with those Blackfallow Inks and with the gold from the sales, buy an Inferno Ink off the auction house and still have gold left over.  In order to make the ink trader option viable, the cost of Inferno Inks needs to be 10x the cost of a Mysterious Fortune Card.  (If you need caught up on Mysterious Fortune Cards please read the MFC Compilation posts.)

Other scribes do use these ink traders to convert their Blackfallow Inks into Snowfall and Inferno Inks.

Undercutting Jessica Sellers

Since other Scribes are willing to trade in 10 Blackfallow for 1 Inferno Ink, we can get in on this ink trading business as well.  How?  Think about applying the trade chat barking tips to this new idea of undercutting Jessica Sellers.  Hell, she's overcharging anyways, so let's undercut her by 1 Blackfallow Ink.  If players are using the 10 to 1 Ink trade, then they should be fine with only trading 9 for 1.  So if you have extra Snowfall Inks or extra Inferno Inks this is a viable way to dump some of them to other scribes for a better profit ration, then just selling them on the auction house.

Set up a trade chat macro and tap it occasionally to look for some Scribes that are looking for Inferno Inks.  The week of the Darkmoon Faire may be the best time to give this a try.  And the fair has just rolled into Azeroth for the week.

Try a trade chat macro like this:
Are You Making Cards and Decks for the Darkmoon Faire?  Short on Inferno Inks?  Screw Jessica Sellers : I'll trade You An Inferno Ink for Only 9 Blackfallows!  Jess charges 10.
Is this profitable on your server?  It depends on the prices on your server.  You aren't stuck with Mysterious Fortune Cards as your only option though.  You could use those 9 Blackfallows to make 3 glyphs.  The question as to whether it is viable on your server or not is this.  Can you make more gold using 9 Blackfallow Inks or with 1 Inferno Ink?  If Inferno Ink prices are sky high on your server, you can look into the opposite.  You may be able to trade in 10 Blackfallow Inks to the ink trader for an Inferno Ink that has a much higher market price.  So hopefully this post has exercised your mind and been a guide to thinking of new and unique ways to profit in World of Warcraft.

Thursday, February 24, 2011

Mysterious Fortune Card Barks Revisited









Mysterious Fortune Cards

One of the most common topics that I am frequently asked about is the Mysterious Fortune Cards.
Questions come in regarding dealing with competition, barking assistance, and when to reset the market. The most common request is for new barking ideas or new barks. So here you go. By popular request, I am releasing my current list of barks that I use for selling this excellent Inscription money maker. Remember to check out the Announce It add-on as it will make your life a ton easier when barking your fortune cards.

If you aren't up to speed on these items, please review the Mysterious Fortune Cards Compilation.  This was a previous post here at Cold's Gold Factory that leads to many posts around the blogosphere, as well as my own series on the Mysterious Fortune Cards.

My Current and Successful Barking Macros




  • Are You Underage and Wish you could Gamble, but can't get into a Casino?  Well now is your chance!  Blizzard has created [Mysterious Fortune Card] for You!

  • Is Lady Luck on Your Side?  Will You Get Lucky Tonight?  Flip a [Mysterious Fortune Card] on the AH.  No One Will Know...

  • Are You Sitting Half Naked In A Beanbag Chair Eating Cheetos?  Well Buy Some [Mysterious Fortune Card]s off the AH Now.  You Won't Get A Life, but You Could Win 5000 gold!






  • New Messages, New Players, New Winners!  Grab Some [Mysterious Fortune Card]s off the Auction House.  Tons of Fun...5k Jackpot possible from just 1 ticket.


  • Don'tcha Let Da Raid Leada Be Catchin' You Missin' Raid from Gamblin'.  Grab Summa Me [Mysterious Fortune Card]s Fo Da Road.





There you have it.  Those are the exact macros that I use in game to bark my Fortune Cards.  Hope these help to spark not just your sales, but your creativity as well. 

If you just can't get enough barks to read, then head over to The Tipped Copper and Xeroaxe's Barking Post.  I got inspiration for a couple of my favorites from his site.


Feel Free To Add Your Favorites That Work For You To The Comment Section
 

Check out Cold's Mysterious Fortune Card Mastery Guide.

Sunday, February 20, 2011

The Dumb and The Desperate

"Everything is worth what its purchaser will pay for it."

Publius Syrus (42 B.C)

Trade Chat

Are you watching the trade chat channel while you are in the major cities?  Are you entrenched into your routine and letting easy opportunities pass you buy?  There sometimes exist easy opportunities to help another player out, turn a profit, and have a laugh all at the same time.  Let me explain about a couple of recent customers that I have helped from the trade chat channel.  I like to the break the monotony of the auction house game up a bit by servicing the needs of the trade chat shouters.  Having multiple professions covered is a great increase to the chances that you will find work in the trade chat channel.

The Dumb and The Desperate Customers

Some players are completely ignorant of the auction house and how it works.  Others may be too rushed to check the prices on the auction house before agreeing on a deal in private whispers.  Take a look at a couple of these fine specimens that I assisted. 

The Dumb

I was on my scribe one night selling Mysterious Fortune Cards and posting glyphs.  I noticed that one of my glyphs had just sold, so I contacted the buyer to see if he needed any other glyphs.  I told him I would beat the AH prices.  He then told me the 3 mage glyphs he needed crafted.  I crafted the 3 glyphs and told him to, "Hold on a second while I check the prices."  Before I can tally a total for his order he says, "How's 500g?"  Of course I take the 500 gold for the 3 Mage glyphs.  He comes and meets me and I trade him the 3 glyphs for the agreed 500 gold.  Funny thing is he flew to the auction house to pay me and collect his glyphs.  We were standing right next to an auctioneer in the auction house.  Checking the auction house would have shown him the total price for buying those same 3 glyphs off of the auction house was only 105 gold total.  Just plain dumb.

The Desperate

I was going about my normal auction house posting routine one night, when I saw this in trade chat. 

"WTB Accurate Scope!  Will Pay Anything!"

I quickly contacted the buyer and offered to craft it for him for 350g my mats.  He replied, "Yes!  Finally found an engineer.  350 gold sounds great!  I'm finally able to get my engineering specialty."

So I sold a single Accurate Scope to this guy for a whopping 350g!


So don't forget to explore your other options with interacting with players through the trade channel.  Maybe you can profit off of some of the dumb and the desperate on your server.

Anyone else have any similar experience to share in the comments?

Saturday, November 6, 2010

X-53 Touring Rocket From Trade Chat - Update

X-53 Touring Rocket
X-53 Refer A Friend Deal
Remember my post X-53 From Trade Chat?  In September, I paid 15k gold for a X-53 Touring Rocket and 1 month of game time.  Some of the posted comments warned of this "common scam." Some were expecting that this deal was made with stolen credit cards and would be reversed.  This would have left me without my 15k gold and without my new mount.

Deal or Scam?
My free game time from this deal just expired today and I am still the owner of this mount.  This was a legit deal so I got a free month of game time and the Recruit-a-Friend mount for 15k gold pieces.  The mount is really nice as it behaves just like the Headless Horseman's Mount.  It can be used as both a land mount and a flying mount. Just another riding option in my quest for the Mountain of Mounts achievement.

Friday, August 13, 2010

Follow Up From the Exploring Your Farmers

This is a follow-up to my last post Exploring Your Trade Chat Dealers.

So I had hoped to log in, jump on my skinner, and run straight to the mailbox to see how many stacks of Borean Leather I had COD to me.  Lo and Behold there wasn't a single Stack in the mail.  *sigh*

I hope that our offer still stands and that he is just gathering more before he bulk mails them out.  All in all, at least I tried to set something up.  Dealing with potential suppliers is such a wavering relationship because at any time, they can find someone else who will pay more.  Or they wise up to the prices they are setting.  Or they decide to use the items themselves to make even more profit.  Man I love it when I have cheap goods coming in daily.  It makes crafting for profit so much easier.

Oh well, at least I tried.  Maybe I will be surprised tonight when I log in.


Wednesday, August 11, 2010

Exploring Your Trade Chat Dealers

Always be on the lookout for people selling materials in trade chat.  You can get some really good deals because usually the people advertising in trade are wanting a quick sale.  Try to feel them out and get an idea, if they will let you.  Maybe you can set up something where they will continue to sell to you.  For example, this was the basics of a player I met this morning in trade chat.

Him:  /2 WTS 4x Frozen Orb.
   I usually buy these out 20g and under and flip to Eternal Fire and sell for 30-35g per.  AH had the Orbs at 26g at the time.  So instead of offering him an amount...
Me:  How much would you take for all 4?
Him:  80g
Me:  I will give you 75g for all 4.
Him:  Ok
  Score.  I just got 4 for less than I usually buy them out.  Big deal, right?  Now I continued to explore him.
Me:  Do have any other good deals?
Him:  I have stacks of Borean Leather and 1 Arctic Fur.
Me:  How much for your stacks of Borean Leather?
Him:  5g per stack.  50g for the Fur.
    5 per stack is super low, these stay over 12-14g per stack, almost always on the AH.
Me:  I'll take all your stacks of Borean for 5g each.
   So he sold me 9 stacks of Borean for 5g each and tossed in a stack of 18 Borean Leathers as a "bonus" as he called it.
  So thinking ahead, I explored it a little further.
Me:  So are you a skinner?
Him:  Sure am!
Me:  Nice, are you going to be selling anymore skins?  If so I will continue to pay for 5g per stack, and you can COD them too me anytime, any amount and I will buy same day or next.
Him:  Sweet!  Sounds good.  I'm going to go farm some more right now.  I can probably get you 50 or so stacks today and I will Send them to you tonight.
Me:  Sounds great.
Him:  Added you to friends and will send them tonight.  Thank you Very Much!
Me:  Thank you too!


Can't wait to see if he becomes a reliable source.
Lesson Learned?  Don't just get your good deal and move on.  With a little exploration, you just might find even better deals or, better yet, you may find yourself a low priced supplier.  Just remember to be courteous, polite, and fair.

Thursday, January 14, 2010

Shouting in Trade Channel

Double posts today. Yay!

Shouting in the Trade Channel

I believe you should not post your profession links into trade channel as LFW . Why not? All this does is alert your competition that you are online. Your competition that is online may already have you on their friends list and are awaiting your logging out to run right to the AH and start the undercutting.

Yesterday I saw someone in trade shout out "/2 Epic Gems now on the auction house at lowest prices." That screams, cancel, repost, and undercut to me, if I'm a major AH gem player. Idiots. You don't want to alert your competition that you just undercut them!

Instead of general broadcasting, just look for people you are looking for specific items in trade channel and send them a private message with your link and your fees. This way you can continue to fly under the radar. Think about it.