Thursday, July 12, 2012

Why Buy Low, Sell Normal Is A Joke



Buy Low, Sell Normal
vs
Buy Low, Sell High

Everyone has heard the common economics standard of Buy Low, Sell High.  However, there are some auctioneers in WoW and Diablo 3 that will tell you that the time tested fundamental economic principle of Buying Lowing & Selling High is a farce that doesn't work.  Well, it's been the standard of basic profiteering for centuries.  So I'm calling bullshit on your Buy Low, Sell Normal mantra, when you claim it is better than Buy Low, Sell High.

All basic money making can be simplified to Buy For X, and Sell For More Than X.  That sale will turn you a profit.  All you need to do is sell the item for more than you paid for it.  That's what Buy Low, Sell High means.  Selling for higher than the lower price you bought it for, regardless of the market price for that item. 

So What Is Buy Low, Sell Normal?

Buy Low, Sell Normal is supposed to be "the best way to operate as an auctioneer" as the followers of this belief tell you to "Sell at normal value, no higher than what the item usually goes for."  These Buy Low, Sell Normal types, think you will make more profits by selling more items at a lower cost.  The basic backbone of any discussion about this comparison references that is how Walmart operates, by Buying Low & Selling Normal.

Sure, Walmart has lots of sales and cheap prices too, but as gold and money makers in Diablo 3 and World of Warcraft, we aren't Walmart.  We don't have a huge staff working under us.  We are just 1 person trying to turn a profit on an in-game auction house.  Walmart makes their money by coming into and forcing out all of the smaller companies that can't compete with their prices.  Some of their items they actually sell below their cost, so others have no chance to compete.  This serves to limit their competition and force others out of the market, but how profitable of a strategy is selling at a loss or for minimal profits in an online virtual environment?

So you bought or crafted an item at a low price, how much do you want to sell it for?

Well, I am a member of Generation X and I tend to go by the typical Gen-X mantra of "Getting the most money, for the least amount of work."  See that's the problem with the Buy Low, Sell Normal philosophy.  By selling at minimal profits, you may get more sales, but are those minimal profits worth your time and effort?  I'd rather sell less items for more profit per item, which results in less time recrafting, recollecting, and reposting.

Sell Normal Or Sell High In The Glyph Market?

The WoW Glyph Market has a polarizing effect on most of the sellers within that market.  Either they are willing to dance or they aren't.  But because of the foolish teachings of some bloggers who've preach about Buying Low and Selling Normal, the Glyph market can be an absolute nightmare for some sellers as we've been discussing on some episodes of The Eviscerated Gaming Podcast.

A good example is between the 2 main strategies of Glyph sellers.
  • Option 1 - Craft & Sell as many Glyphs as possible (market blanketing), all for a bare minimum profit, to keep competition away.  Often using heavy undercutting (another foolish strategy in my opinion) and walling of low priced items in hopes of driving out competition.  This is often referred to as the Walmart Glyph Model. - Sell Normal

  • Option 2 - Craft & Sell only Glyphs when they reach a nice threshold worth your time and effort.  Nev of Auction House Addict was the first to discuss this philosophy on the PW:Gold Podcast.  Don't even bother with a glyph unless it is selling for 100 gold or more.  - Sell High

With Nev's Glyph Strategy, you still make plenty of gold and have far much less work to do to restock and relist.  And you are free of the headache of massive dog fight wars of undercutting, glyph walling, and other time inefficient strategies.  Often times, you will still makes sales because not everyone has all glyph recipes and there are times when all of the low priced ones will be gone.  If I can sell glyphs for 250 gold, why the hell would I waste time fighting to sell them for 12 gold each to make a few gold per sale? 

Why Buy Low, Sell Normal?

So why would someone even want to create a Buy Low, Sell Normal idea?  It was a blogger who coined the notion and even refers to it as his "catch phrase".  The entire notion is based on foolish logic and trying to disprove a time weathered basic principal of economic theory.  The whole Buy Low, Sell Normal idea was nothing more than an online marketing ploy created by an internet salesmen trying to stir up his own "catch phrase" to discuss and quote on various blogs and podcasts all to drive traffic to his sites.  Then people want to hear how Buy Low, Sell Normal is so much better than Buy Low, Sell High and they head to his sites, where he tries to sell them his latest Secret Gold Guides.  In all reality Buy Low, Sell Normal is nothing more than a hype generating gimmick of an internet con-man.  It's nothing more than a tagline and sales gimmick.

So be smart and get the most from each and every sale.  Why leave money on the table?

I think @dollada06 said it best on twitter:
"Buy Low / Sell Normal is an idiotic ideology which basically says sell your items before they yield maximum profits."

Read more about how Buy Low, Sell Normal is a bad idea in Diablo 3 at:

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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 and J!inx - Clothing For Gamers And Geeks.

Wednesday, July 11, 2012

WoW Lull Recommendations For Gold Makers | Cold's July 2012 Gold Blogging Carnival

How To Make Gold In WoW
Cold's Gold Blogging Carnivals


Cold's Gold Blogging Carnival - 2012

Welcome to another 2012 edition of Cold's Gold Blogging Carnival. These carnivals will continue to take place the 11th day of every month and will be hosted here at Cold's Gold Factory. All World of Warcraft bloggers are welcome to participate and feedback both here and on the original authors' sites is strongly encouraged. So show some support and please leave some feedback in the comments section. These bloggers put a lot of time and hard work into these blogging carnival posts so please tell them what you think.

If you would like to be included in the next month's carnival, please review the guidelines for Cold's Gold Blogging Carnivals and submit your live post link via email (ssmith0911 at live dot com) before the 10th of the month. Read up on the benefits of participating in blogging carnivals at my other blog designed to help new bloggers, Blogging Vitals.  (Lots of tips for those of you starting out or interested in blogging.)  Articles for the CGF carnival are listed in the order they are received. Thank you to all the bloggers participating in this months carnival!

If you are not a blogger, you can still participate in the monthly carnivals as you can have a post hosted at Goldgrubs.com.  Now I present to you this month's participants answering the question:

What Do You Recommend Players Do During The Current WoW Lull To Benefit Gold Making In The Future?




Making Gold At The End Of An Expansion | Up 429k In 30 Days by Farli of The Overcut


How To Prepare For Making WoW Gold In MoP During The Pre-Expansion Lull by Jon of How To Warcraft


Maximizing Your Gold Making Potential In Time For Mists Of Pandaria by Nev of Auction House Addict


Learn During The Lull by Frinka of Warcraft Street


Waiting For Mists Of Pandaria by Marcus Ty of Gold Blog Of Marcus Ty


Thanks again to all of this month's participants.  Be sure to check back later for next month's carnival topic and remember to look for next month's gold blogging carnival on the 11th.  If you have a topic idea, don't be afraid to send it in.  We may use your idea, which will get you proper credit as well.  

Until next month,

Keep on Keepin' On!



If you enjoy the monthly carnivals, spread the word and help support the carnival as at grows:






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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 and J!inx - Clothing For Gamers And Geeks.





Wednesday, July 4, 2012

WoW Pet & Mount Winners Announced

Pet and Mount Code Winners

Today is the day I announce the winners from the WoW Loot Code Giveaway!  Both winners have been contacted via email.  Be sure to watch for more contests and giveaways here at Cold's Gold Factory.

The Winners Are...

Bloat the Bubblefish WOW TCG Loot Code Winner Is:

Ryan Clark



Celestial Steed Mount Code Winner Is:

Kim Anderson

Congrats to both of the winners and thanks for entering!


Reminder:  Be sure to check out The Eviscerated Gaming Podcast (on iTunes and Stitcher Radio) for your chance to Win a Gregarious Grell Loot Code Companion Pet.  It's a pretty easy contest entry, just listen to the podcasts and leave us an iTunes review for a chance at winning!



Enjoying The Posts Here at Cold's Gold Factory? Check Out Cold's Mysterious Fortune Card Mastery Gold Making Guide. Also Check Out My Favorite All Around WoW Gold Making Guide and J!inx - Clothing For Gamers And Geeks.

Thursday, June 28, 2012

When Bad News Turns Good

Support Breast Cancer Care
Breast Cancer Care




Bad News Turned Positive

Earlier this week, a fellow WoW gold blogger revealed her recent breast cancer diagnosis.  Just happens that this same WoW gold blogger is also a close friend of mine.  Yup, me and Nev are pretty close friends.  She even has characters on my US WoW server, where I teach her how to slay Alliance and fight for the right WoW faction, when I'm not lost deep in Diablo 3.

I think it is amazing that she decided to turn her cancer news into a way to raise money for cancer research and cancer care.  If you haven't already, be sure to head over to Auction House Addict and read about Nev's story and her cancer care fund raising campaign.  Since she has chemotherapy looming in the near future, Nev has decided to cut off her long locks of hair and donate them to a charity that makes wigs for children with cancer.  How wonderful!  Major props on turning bad news into a good idea, Nev.

Supporting A Friend

I have supported my friend with a cash donation to her project of giving, which is currently only at 24% of her goal.  Nev has already raised 248 Pounds (She's a Brit btw) of the 1000 Pounds goal.  That's $348 already raised for the Cancer Care program.  Let's all dig deep and see if we can help raise that number even closer to her goal.

Being that Nev is a close friend of mine, I wanted to do something a little more than just donate my cash.  I've added a link to Nev's story & giving campaign here in the top right corner of Cold's Gold Factory.  I've even changes my Twitter avatar to a breast cancer ribbon.  Still, I wanted to do something more special.

Nev has chemotherapy treatment looming and for this reason she has cut off her hair for charity.  No one wants to lose their hair and it's even harder for women, since they tend to have much more hair than men.  I can't imagine anyone looking forward to losing their hair and then wearing wigs,scarfs, or silly hats.  I won't let me good friend look silly all on her own, so I've decided to join her.

My Pledge

I now pledge to keep my hair buzzed off until your chemotherapy treatments are over Nev.  We can both be silly together.  The hard part isn't buzzing off my head of hair.  Ya see, when someone has chemo, they not only lose the hair on their head, but they lose all body hairs.  Well, that means my goatee needs to go too, so now I'm going to look really silly and I hate shaving, but that's a sacrifice I'm gonna make to help support my good friend.  I haven't shaved off my facial hair in well over 5 years.  Boy, do I feel silly looking, lol.

So please head over to Nev's site and read her story and donate what you can to join her in supporting cancer care.  You can read her story here: Introducing Helen: A Story & A Plea.

And if you are crazy like me, maybe you can shave your head too.  If not, try to give a little to help her reach her goal and help fight the good fight against breast cancer.

Regular Cold ------Cell Mate Cold ------ Skinhead Cold


Enjoy The Posts Here at Cold's Gold Factory? Check Out Cold's Mysterious Fortune Card Mastery Gold Making Guide. Also Check Out My Favorite All Around WoW Gold Making Guide and J!inx - Clothing For Gamers And Geeks.

Wednesday, June 27, 2012

6 Poker Tactics That Apply To WoW Gold Making


Poker Vs MAking Gold In WoW
Poker vs WoW Gold Making

6 Poker Tactics That Apply To Making Gold In WoW

World of Warcraft and Online Poker are two of the most popular games played on the internet.  As gold makers in World of Warcraft, we can learn something from some of the tactics of poker players.  While anyone can play poker or try to make gold in WoW, both often require more skill than luck to have continued success.  Sure you can get lucky and make a great overpriced sale or win a massive poker pot on accident, but continued success takes skill and understanding.  There is a big difference between good players and winning players and a combination of skill versus luck in poker.  Let's look at a few poker tactics that translate over into making gold in WoW.

KEEP YOUR VITAL INFO SECRET

In poker, you don't show your hand to your opponents.  Hell, you don't even show a winning hand unless forced to call.  In WoW, you want to keep your best markets a secret for as long as possible.  Letting others know what you are selling well, only invites more competition to your market.  So keep your best markets as low key and as much of a secret as possible.

YOU GOTTA TAKE RISKS TO WIN BIG

Only playing the best poker hands will limit your ability to rack in huge pots, as players learn that you only push on with strong hands.  If you want to win big, you are going to have to take some risks with less than ideal hands.  The same is true in World of Warcraft gold making.  You can set back and slowly bring in adequate sales (like with a Netherweave Bag market), but you aren't going to get rich quickly.  By taking bigger risks in new markets with bigger ticket price items, you just might score a massive profit from a single sale.  Although you can lose a lot of gold as well, if you don't understand the market and have a good grasp on the price players are willing to pay for your item.

LEARN TO READ YOUR OPPONENTS

In poker, we are always looking for tells, or signs, that give away your opponents hand.  Maybe his nostrils flare when he gets a strong hand?  Being able to deduce what your opponent is planning is a huge advantage.  Similarly in WoW gold making, you can gain a distinct advantage once you can pre-determine the actions of your competitors.  Do you have you main competition on your friends list?  Can you look at their Undermine Journal posting activity and find a pattern?  Learn when they post and you can undercut them as they are logging out of the game.

MONEY YOU'VE ALREADY SPENT IS IRRELEVANT

Bad poker players tend to think that they need to keep calling on a dead hand, because they've already got a lot invested into the pot.  That's horrible thinking.  What you have already invested into the pot has no relevance on your odds of winning your current hand.  In WoW gold making, some players get stuck in the same rut.  Just because you invested a lot of gold when you crafted the item, doesn't mean you must sell the item for more than the crafting cost.  If that item's value is crashing, unloading it at a loss sooner than later will keep you from losing even more of your investment.  Sitting on it and waiting for the price to return to a higher price may work, but often times just means the item has devalued further by the time you decide to just dump it for whatever you can get.

KNOW WHEN TO FOLD AND WHEN TO PUSH

Similar to the above tactic, good poker players know when to get out.  They calculate the odds of winning the hand and they either stay in or fold based on their calculated odds.  Sometimes, you have to just cut your losses and fold, regardless of what has already been added to the pot.  In WoW gold making, we must also know when to fold and get out of a market all together.  Sometime you will attempt to make gold in a specific market, only to find that there is some major competition in your new market.  Regardless of how much time and gold you invested trying to get into a new market, sometimes it's best to cut your losses and move on to a completely different market.  If your compeition is making life hell in that market, why not spend your gold and energy in a less hectic and less competitive market.  Should you fold or push back and start an undercutting war and makes everyone's profits drop?

MANAGE YOUR BANKROLL PROPERLY

If a poker player continues to gamble with all the cash they have, they will eventually end up broke.  If a poker player only gambles with small amount, then they are limiting their ability to gain larger amounts.  The same holds true in WoW gold making.  You shouldn't be tying up all of your liquid gold in materials or crafted items because the markets could go South on you and cause a major loss.  If you only are willing to invest a small percentage of your bankroll, then you are limiting your ability to earn large chunks of gold at once.

If you are interested in playing poker, be sure to check out the great poker tactics articles over at PokerListings.com

Tuesday, June 26, 2012

Get More From Blogging Carnival Participation


Get More From Your Blogging Carnival Participation

Each month, I host a WoW gold blogging carnival open for participation from anyone with or without a blog.  It's a pretty straightforward concept.  I pick the topic and everyone is invited to participate.  Just write a post on the chosen topic, host it on your own WoW blog (or on one of the blogs willing to host it as a guest post, if you aren't a blog owner), then send me the link for inclusion in the monthly carnival.  The July Blogging Carnival topic is up already too, in case you missed it.

So let's take a look a little deeper into the benefits of participation and how to get the most from your carnival entry submissions.  Take note, this isn't a pitch to get more participants in the monthly carnival here (although the more, the merrier).  The primary purpose of this article is to help educate other bloggers, and those readers thinking of starting a blog, about ways to use the carnivals to be of more benefit as a participant.  I was a newer blogger once too and would have appreciated the same types of tips in this article, much earlier than I had to discover them on my own.  I hope these ideas help you out too.

Perks Of Carnival Participation


Participating In Blogging Carnivals Gets You Traffic, New Readers, and New Subscribers

Guest Posting and Blogging Carnivals are two of the absolute best ways to grow your own site's audience.  Being featured on another site, especially one with more traffic or a higher page rank, is an excellent way to get exposure to other readers within your same blogging niche.  Many of the visitors that read your carnival entry will return back to visit your site to read more, if they enjoyed your carnival post.  Remember that any g7uest post, carnival entry, or anything featured outside of your own blog, should be of your best quality, since these will be exposed to many brand new readers.  The Cold's Gold Factory Gold Blogging Carnival is a great place for readers to discover more cool bloggers that also write about making gold in World of Warcraft.

Another key benefit of participating in blogging carnivals is the fact that the carnivals tend to continue sending you traffic forever.  New readers to my site often check out the dedicated blogging carnival page and the older carnivals, which continue to send traffic and new readers to the participants.


Blogging Carnivals Help You Build Page Rank


Cold's Gold Factory has a Google Page Rank of 3.  That means any link from me is a good quality relevant link that will help to build your site's Page Rank with Google, especially if your site's Page Rank is lower than mine.  Higher ranked sites that link to you are worth more, than lower ranked sites.  Find out your own site's rank here:  http://www.prchecker.info/check_page_rank.php


How To Get More From Your Carnival Post

Use A Proper Title

One of the common mistakes I see made with blogging carnival entries is what the post is titled.  You should title your post completely based on the content within that post, as if you weren't submitting it elsewhere.  Too often I see Cold's Carnival Entry or Cold's Blogging Carnival as the title of the posts with nothing about what the post is even about.  For your own benefit, always use a title with good keywords and a phrase that describes what your post is about.  You are robbing yourself of 2 of the best places to get page rank and keyword ranking for your post (the title and the url).  You always want the title and the url to be relevant to your post, so others can find it later through the search engines.

Deep Link Within Your Post -

Deep internal blog linking is a great way to get visitors reading more of your posts.  It's ok to add links (I suggest 2-3 in every post you write) in your carnival entry post.  Then some of the readers will dig deeper into more of your posts.  It also helps to catch readers from feeds and other syndications (like those damn copy-cat & content stealing bot sites) by bringing them back to your original site, if they click on one of your links.  This also helps increase your page views and your visitor's time on your site.

Don't Wait To Post In The Final Days Before The Carnival Deadline

Ideally, you want the post you submit for any blogging carnival to go live on your site as far away from the actual carnival day as possible.  Procrastinating and posting your carnival entry on the last few days prior to the carnival's live date can cost you traffic.  Readers of gold blogs skip over visiting your article because they recall seeing it recently (possibly in another site's blogroll) and it is fresh in their mind, even though they may not have even read it yet.

Also, if you post sooner rather than later, your post may already have a vibrant discussion in the comment section.  When the wave of carnival traffic flows in, there could be more participation and discussion as people tend to comment more when there is already something being discussed.  Google likes active comments, especially keyword rich relevant comments.

Tweet, Like, Plus, Reddit, and Share Your Entry And The Final Carnival Post

Share the hell out of your posts.  Every one of them.  Social Media is great for increasing your reader exposure.  So don't forget to share your carnival posts too.  Then share the Cold's Gold Factory Gold Blogging post that wraps up all of the carnival entries into the 1 big post.  I share it all over to get you guys more exposure and more readers.  When we all share, we all benefit.  Hosting and participating in blogging carnivals are very symbiotic relationships.  When we all do our best, the entire group shines.

The Cold's Gold Blogging Carnival is here for the benefit of the readers and to help out other bloggers.  Readers get an exposure to a variety of ideas on a similar topic on making gold in WoW, but are also introduced to new authors and new sites to read in that same area of interest.  I hope you enjoy the carnivals here at Cold's Gold Factory, both as a reader and a contributor.

Thanks for the great posts!



More Blogging and Traffic Tips at BloggingVitals.Blogspot.Com
A Site I Put Ideas For Helping Out New Bloggers.

Monday, June 25, 2012

July WoW Gold Blogging Topic

Share the Topic | Share the Traffic

Cold's Gold Blogging Carnival - July 2012 Topic

A big thanks to all of the participants who submitted entries for last month's blogging carnival. Everyone is welcome to write a post for the blogging carnivals at Cold's Gold Factory. Again, thank you to all the bloggers who submitted posts for the June Carnival on New Player Pro Tips. If you missed the last carnival, be sure to check it out! 

What If I Don't Have A Blog And I Want To Participate?

If you don't have your own site, you can still participate in the gold blogging carnivals. Sometimes a topic may tickle your fancy or you may have a unique spin on a blogging carnival topic that you would like to have read by others. Well, you are in luck. There are WoW blogging sites that will post and host your content as a guest post. Just follow the normal blogging carnival rules that the others follow and get your post hosted and live prior to the carnival. Then, just submit the link to me for inclusion in the upcoming gold blogging carnival.  

Be sure to check out How To Get More From Blogging Carnival Participation.

The friendly sites willing to host your content are:
  1. Goldgrub's Goblin Academy - Contact: Me (Cold)
  2. Squidoo - Join up and make a lens on the topic and earn money too.
  
July 2012 Gold Blogging Carnival Topic

With the Mists of Pandaria expansion on its way and many markets starting to feel the end of expansion lull, we must start to prepare for the new WoW expansion, Mists of Pandaria.  For the July Gold Blogging Carnival Topic, let's focus on ways to take advantage of the current lull in WoW.

What Do You Recommend Players Do During The Current WoW Lull To Benefit Gold Making In The Future?

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The WoW Pet & Mount Loot Code Giveaway Continues -
More Details On Your Chance To Win A Pet Or A Mount



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 and J!inx - Clothing For Gamers And Geeks.

Monday, June 11, 2012

WoW New Player Tips - What To Watch Out For To Make Gold

How To Make Gold In WoW
Cold's Gold Blogging Carnivals


Cold's Gold Blogging Carnival - 2012

Welcome to another 2012 edition of Cold's Gold Blogging Carnival. These carnivals will continue to take place the 11th day of every month and will be hosted here at Cold's Gold Factory. All World of Warcraft bloggers are welcome to participate and feedback both here and on the original authors' sites is strongly encouraged. So show some support and please leave some feedback in the comments section. These bloggers put a lot of time and hard work into these blogging carnival posts so please tell them what you think.

If you would like to be included in the next month's carnival, please review the guidelines for Cold's Gold Blogging Carnivals and submit your live post link via email (ssmith0911 at live dot com) before the 10th of the month. Read up on the benefits of participating in blogging carnivals at my other blog designed to help new bloggers, Blogging Vitals.  (Lots of tips for those of you starting out or interested in blogging.)  Articles for the CGF carnival are listed in the order they are received. Thank you to all the bloggers participating in this months carnival!

If you are not a blogger, you can still participate in the monthly carnivals as you can have a post hosted at Goldgrubs.com.  Now I present to you this month's participants answering the question:

What Are Some Things You Recommend Players Look Out For While Leveling A New Character In WoW?


New WoW Character Leveling Tips by KhasDylar at Goldgrub's Goblin Academy (Guest Post)

Chests & Lockboxes by Farli of The Overcut

Archaeology Leveling Secondary Profit Sources by Cold of Cold's Gold Factory

What To Look For When Leveling A New Alt by Nev of Auction House Addict

Cash Flow Positive Leveling by Frinka of Warcraft Street

Alerting Your Alt - Episode #144 by GeorgeWoW of The Mana Cooler Podcast

Thanks again to all of this month's participants.  Be sure to check back later for next month's carnival topic and remember to look for next month's gold blogging carnival on the 11th.  If you have a topic idea, don't be afraid to send it in.  We may use your idea, which will get you proper credit as well.  

Until next month,

Keep on Keepin' On!


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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 and J!inx - Clothing For Gamers And Geeks.







Saturday, June 9, 2012

WoW TCG Loot Code Pet Giveaway!

 

Win A FREE WoW Pet From

The TCG Loot Code Giveaway!


Gregarious Grell Loot Code Pet

Just the other day, I noticed that someone had purchased a couple of WoW TCG loot code cards from one of my Amazon links on one of my Squidoo pages.  What caught me by suprise was just how cheap these loot card codes from the new WoW TCG expansion were on sale for.  Apparently, you can buy some of the WoW TCG Loot card codes for WoW companion pets for cheaper than the sale price of the vanity pets from the actual Blizzard online store!  The Blizzard stores pets cost $10 each, but Amazon has a lot of the TCG pet codes for well under that price!  Many for under $4 for your pet code!

Win A Gregarious Grell From The New Podcast

So, I decided to snatch up a few of these cool pet loot codes to use as Giveaways here at Cold's Gold Factory, on Auction House Junkies, and on the new podcast, The Eviscerated Gaming Podcast.  Be sure to listen to Episode #7 of The Eviscerated Gaming Podcast (on iTunes & Stitcher Radio) to find out how to Win a Gregarious Grell Loot Code Companion Pet.  Episode #7 will be out this weekend, but be sure to check out the older episodes for some great content and laughs.  It's a pretty easy contest entry, just listen to the podcasts and leave us an iTunes review for a chance at winning!

Win Bloat The Bubblefish or a Celestial Steed From Cold's Gold Factory

Bloat the Bubblefish is a pretty cool companion pet that comes from the WoW TCG.  I have bought a few of Bloat the Bubblefish, Gregarious Grells, and a Nightsaber Cub pet to give away.  I also still have more Pandarian Monk pets and Celestial Steeds to give away.  I'll start the TCG Loot Code giveaways with a chance to win a Bloat the Bubblefish loot code or a Celestial Steed mount code.

How To Enter To Win Bloat The Bubblefish or a Celestial Steed Mount

Similar to past contests, this one will be a social media sharing and newsletter joining contest.  Here are the various ways to earn an entry for your chance at winning.  The contest entries will end on July 3rd (midnight Central time) and winners will be announced on July 4th. 

The Celestial Steed code was bought from the US store, so it can only be redeemed by a US WoW Account.  The Bloat the Bubblefish loot code can be redeemed by any US or EU account, as long as the correct region is selected when redeeming the loot card code for the appropriate in game code.

Each Action Earns One Entry:
  1. Join The Cold's Gold Factory Gold Tips Newsletter (You can join from the pop-up or from the sidebar sign-up form.)  Already get the newsletter?  Congrats, you've got 1 entry already!
  2. Tweet this Post. (add me into the tweet @SSmith0911 - so I can see the Tweet)
  3. Google +1 this Post.
  4. Facebook Like and Share this Post.
So Joining the newsletter earns you an entry, but you can earn additional entries by sharing this giveaway post on the various social media sites.
 

Good luck to all that enter and participate.  If you want to win, be sure to share on multiple platforms to further increase your chances of winning. 

Thanks for reading and Good Luck!

Enjoy The Posts Here at Cold's Gold Factory? Check Out Cold's Mysterious Fortune Card Mastery Gold Making Guide. Also Check Out My Favorite All Around WoW Gold Making Guide and J!inx - Clothing For Gamers And Geeks.

Friday, June 8, 2012

Archaeology Leveling Secondary Profit Sources


WoW Archaeology Dig Site
Death's Embrace

Secondary Profit Sources And Archaeology Leveling

This post is part of the June Entry for the Cold's Gold Factory Blogging Carnivals, hosted here at Cold's Gold Factory.  This month's topic is:  "Tips For Leveling Characters".

Archaeology leveling has to be one of the worst in game activites in World of Warcraft, next to fishing.  Seriously though, which do you hate more - Archaeology or Fishing?  Man, they are both miserable professions to level because of the monotony and boredom involved with each secondary profession.  You may get the notion to level one or both of these miserable professions some day.  Fishing can be leveled without even leaving town, but Archaeology is quite the opposite.  Since leveling Archaeology requires traveling all over the continents to the various dig sites, there is plenty of opportunity to benefit from our travels.  Here are the top 4 things to look out for, while leveling your Archaeology profession.

Top 4 Secondary Profit Options While Leveling Archaeology

  1. Vendor Recipes
  2. Raptor Nests
  3. Rare Mobs
  4. Gathering Raw Materials
Leveling Archaeology will take you all over the continents of Azeroth, unless you limit yourself to a single continent in WoW to speed up the leveling process.  Even sticking to one continent, you will be flying all over that land mass hunting the dig sites.  Why not take advantage of all of that intracontinental and intercontinental travel and make some extra gold in the process?

Vendor Recipes - While out and about hunting dig sites, you will pass through many different towns and villages.  Many of the settlements will contain npc vendors that sell recipes and items that can be bought for cheap amounts of gold and then sold for much more on the auction house.  There are even vendors out hidden in the world that sell specific recipes and items that can be sold as well.  Many players can't be troubled to venture out to get the recipes and items themselves or they don't know where they are found.  This creates a golden opportunity for profit, so be sure to check for recipes to flip while you are leveling up your archaeology.

Raptor Nests - There are 4 Raptor Companion Pets that are guaranteed drops from the rare spawn Raptor Nests available in certain areas of the game.  If one of your Archaeology digsites spawn in an area near a possible Raptor Nest, take a few minutes and peek around to see if one of the rare nests have spawned.  If you are lucky enough to find a nest and loot the Raptor Hatchling pet, then you can sell the pet for a nice chunk of gold now, or wait until Mists of Pandaria brings us Battle Pets in hopes for even more gold from the sale.
  • Darting Hatchling can be found in Dart's Nest in Northern Dustwallow Marsh.
  • Leaping Hatchling is found in Takk's Nest in the Sludge Fen in Northern Barrens.
  • Ravasaur Hatchling is from the Ravasaur Matriarch's Nest in Southeastern Un'Goro Crater.
  • Razormaw Hatchling can be found in a cave in Raptor Ridge in Northern Wetlands and is contained in the Razormaw Matriarch's Nest.
Rare Mobs - As you are traveling the World of Azeroth, be sure to keep your eyes peeled for rare creatures.  You could be suprised at the number of rare mobs that you will encounter while leveling up your Archaeology profession.  Some of the dig sites will spawn right over top of the same area that rare mobs can spawn.  When I leveling my Archaeology up, I would find anywhere from 2-8 rare mobs per digging session (usually 30 mins to 2 hours per session before I was ready to smash the screen from boredom).  These rare mobs can contain some nice stat combination green gear to sell to other players for leveling or for transmogrification.

Gathering Raw Materials - Farming up raw materials while you are out is also a great idea, especially since your Archaeology dig sites will appear all over the map and include areas that spawn Ore & Herbs.  Using your Mining and Herbalism are great ways to make extra gold while leveling up the dreaded Archaeology.  Focus on stopping by any of the raw material nodes that are in higher demand or are commonly in shortage on the auction house.  These raw materials will be good choice for gathering up while traveling, without taking too much time off of your main goal of Archaeology leveling.

The best part about using these 4 Tips For Increasing Your Profits While Leveling Archaeology is that you get to break up the monotony of the dang Archaeology digging grind fest!  If you can stick with maxing your Archaeology on your Alchemist, then you can begin the even more annoying hunt for the Canoptic Jars that rarely contain the Recipe: Vial of the Sands.  Then you can start using that maxed Archy skill for even more profits, provided the cheating dupers haven't ruined the market on your server already.

Enjoy The Posts Here at Cold's Gold Factory? Check Out Cold's Mysterious Fortune Card Mastery Gold Making Guide. Also Check Out My Favorite All Around WoW Gold Making Guide and J!inx - Clothing For Gamers And Geeks.

Wednesday, May 30, 2012

Scribes Rejoice - MoP Changes To Head & Shoulder Enchants

Another Gold Making Option For Scribes

Today there was some pretty big news released by Ghostcrawler in a blue post, regarding some major changes coming in the World of Warcraft expansion, Mists of Pandaria.  Blizzard is removing head enchants from the game and is also changing how shoulder enchants are acquired for your gear. 

Ghostcrawler Explains Head & Shoulder Enchant Changes In MoP
We will no longer be having to grind reputation for either head or shoulder enchants in Mists of Pandaria.  Head Enchants are being removed completely and the Shoulder Enchants are going to remain in the game, but will now be made by the Inscription profession.  Scribes everywhere are already rejoicing as this will be an additional way to make gold with your Scribe in Mists of Pandaria.  Every single character will be wanting to purchase and use the Shoulder Enchants. 

Think of these new Inscription crafted Shoulder Enchants just like the Leatherworking & Tailoring crafted Leg Armor Enchants.  Almost every character uses Leg Armor Enchants and they have historically been great markets for gold making due to the constant demand.  Shoulder Enchants potentially could be just as profitable, but I do have one fear.  The Inscription Glyph market has been the most cut-throat market on damn near every server.  I hope those undercutting philosophies don't spill over into the Shoulder Enchant market as well. 

This could be the last bit of encouragement you need to dust off that mid level Scribe and get that Inscription skill maxed and ready for Mists of Pandaria gold making. 

Do you see this change as another benefit for Scribes or a hassle for consumers?

Enjoy The Posts Here at Cold's Gold Factory? Check Out Cold's Mysterious Fortune Card Mastery Gold Making Guide. Also Check Out My Favorite All Around WoW Gold Making Guide and J!inx - Clothing For Gamers And Geeks.

Saturday, May 26, 2012

WoW TCG Archives Booster Pack Loot Card Lottery

WoW Trading Card Game (TCG) Loot Cards & Archives Booster Packs

The WoW Trading Card Game has always been an interesting branch of the World of Warcraft product line.  The booster packs for the WoW Trading Card Game have a chance at containing the more rare loot cards.  These loot cards contain a code for an item that can be used in the World of Warcraft game.  These loot cards are fun additions to the game that can include new mounts, new companion pets, and new vanity items, such as tabards or toys.  Many of the rare loot cards are able to be sold for hefty amounts on ebay and other sites as the loot cards are hard to find and without a ton of luck, would require purchasing a bunch of WoW TCG booster packs for a chance at a rare loot card.

Archives Booster Pack Box Sale

Recently, I spoke with Elvine on Twitter regarding the Archives expansion pack booster boxes on sale from Amazon.  We discussed the loot card distribution and the odds of making a profit by buying the sale priced boxes and selling the loot cards.  Elvine had already order a set of 4 of the WoW TCG Archives expansion booster boxes.  He granted me permission to use his experience and results in a blog post, as I found the notion rather interesting and thought that you might too.

The WoW TCG Archives Expansion

The Archives expansion for the WoW Trading Card Game is a special release that also includes some of the popular loot cards.  By design, the Archives expansion is a 190 card set of reprinted cards from the "best of" the first 3 years of the WoW TCG, but done in all foil.  The set contains some valuable and popular loot cards.  Each pack has a chance to contain loot cards, but the really lucky may get one of the 4 rare mounts:
  1. Spectral Tiger
  2. X-51 Nether Rocket
  3. Riding Turtle
  4. Big Battle Bear
Uncommon loot card possibilities include:
  1. Robotic Homing Chicken (Rocket Chicken Companion Pet)
  2. Banana Charm (Monkey Companion Pet)
  3. D.I.S.C.O.
  4. Fishing Chair
Common loot card options include:
  1. Paper Flying Machine
  2. Tabard Of The Flame
  3. Papa Hummell's Pet Biscuit
  4. Sandbox Tiger
The Archives booster boxes contain 24 of the 10 card booster packs and each booster pack contains 9 game cards and 1 crafting OR loot card. So for $39.95 you have 24 chances at pulling loot cards.  The notion perked my interest, so I dug a little deeper to try and find out the distribution pattern for the loot cards.  As per the FAQ on WoW TCG Loot Cards, the current loot card distribution (for sets after the March of the Legion expansion) is as follows:
  • Commons - 20 to 21 per case, at least 1 per expansion box.
  • Uncommons - 2 per case, or 1 in 6 expansion boxes, some rare cases have 1, where other rare cases have 3.
  • Rares - 1 per case, or 1 in 12 expansion boxes, some rare cases have none, while other rare cases have 2.
The important thing to realize and not get overly excited about guaranteed rare loot cards is that when dealing with TCG boosters you are looking at 3 main product packages.  There are Booster Packs, Booster Boxes, and Cases.
  • Booster Pack - 10 card pack, contains 9 cards and 1 crafting or loot card.
  • Booster Box - 24 booster packs are in 1 booster box.
  • Case - 12 booster boxes make up 1 full sealed case.
Looking at the odds and loot card distribution show that even if you buy an unopened full sealed case, you aren't guaranteed to get a rare mount loot card.  There is so much randomness built into the loot card distribution that it is still a gamble, even at the reduced sale prices. 

Elvine's Loot Card Results From 4 Archives TCG Booster Boxes

Elvine purchased 4 sealed booster boxes, which is a total of 96 booster packs.  The packs were opened live on Elvine's Twitch livestreaming channel.  Here are the loot card results from the 96 packs.
  • Box #1
    • 1 Tabard of the Flame (Landro Longshot)
    • 2 Paper Airplane
  • Box #2
    • 2 Pet Biscuits (Papa Hummel's Old Fashioned Pet Biscuits)
    • 1 Riding Turtle (Saltwater Snapjaw)
    • 1 Banana Charm - Monkey Pet (King Mukla)
    • 4 Sandbox Tigers
  • Box #3
    • 1 Sandbox Tiger
  • Box #4
    • 1 Tabard of the Flame
The results are a bit crazy and just go to show that the TCG loot card distribution is almost completely random.  13 Loot cards total and 8 of them, including the sole rare and sole uncommon, all coming out of the same sealed booster box. Boxes 1, 3, & 4 are complete duds, where as, box 2 is the only one with loot cards worth more than the purchase price of the booster box.  So think twice before rushing off to buy some sealed Archives booster boxes in hopes of making money selling the loot cards you find.  Odds are you won't be able to open enough loot cards to make it worth your investment unless you get lucky and obtain one of the boxes that hold the rare mount loot cards.

Even Cheaper Archives Booster Packs

If you are still interested in trying your shot at the WoW TCG Loot card lottery, consider Amazon for single booster packs.  Amazon currently has single Archives booster packs for only $1.25 each, which is cheaper than the sealed box sale price.  You lose the benefit of having a sealed booster box, but as shown above, there is no guaranteed distribution from buying a sealed box or case.  So next time you are on amazon and need a few more dollars to reach the minimum purchase total for free shipping, consider tossing in a few WoW TCG Archives booster packs.  You may just get lucky and find yourself a super rare loot card mount.




Enjoy The Posts Here at Cold's Gold Factory? Check Out Cold's Mysterious Fortune Card Mastery Gold Making Guide. Also Check Out My Favorite All Around WoW Gold Making Guide and J!inx - Clothing For Gamers And Geeks.

Monday, May 21, 2012

June Topic For Cold's Gold Blogging Carnival

Share the Topic | Share the Traffic

Cold's Gold Blogging Carnival - June 2012 Topic

A big thanks to all of the participants who submitted entries for last month's blogging carnival. Hopefully you will continue to participate in our monthly shared blogging topics. Participation from newer bloggers is also highly encouraged. Everyone is welcome to write a post for the blogging carnivals at Cold's Gold Factory. Again, thank you to all the bloggers who submitted posts for the May Carnival on Suprise Cata Markets. If you missed the last carnival, be sure to check it out!  Stockpiling for Mists of Pandaria is a hot topic right now and tons of traffic continues to pour in looking for stockpiling tips on what to stockpile for Mists of Pandaria.


What If I Don't Have A Blog And I Want To Participate?

If you don't have your own site, you can still participate in the gold blogging carnivals. Sometimes a topic may tickle your fancy or you may have a unique spin on a blogging carnival topic that you would like to have read by others. Well, you are in luck. There are 2 WoW blogging sites that will post and host your content as a guest post. Just follow the normal blogging carnival rules that the others follow and get your post hosted and live prior to the carnival. Then, just submit the link to me for inclusion in the upcoming gold blogging carnival.

The friendly sites willing to host your content are:
  1. Goldgrub's Goblin Academy - Contact: Me (Cold)
  2. Squidoo - Join up and make a lens on the topic and earn money too.
  
June 2012 Gold Blogging Carnival Topic

With the Mists of Pandaria expansion on its way and many markets starting to feel the end of expansion lull, we must start to prepare for the new WoW expansion, Mists of Pandaria.  Many players like to level new characters during the end of expansion slump and there are still brand new players entering the game all the time.  For the June Gold Blogging Carnival Topic let's focus on things to look out for, collect, farm, grind, etc. while you are leveling a new character in WoW.
What Are Some Things You Recommend Players Look Out For While Leveling A New Character In WoW?

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 and J!inx - Clothing For Gamers And Geeks.

Friday, May 11, 2012

Zygor Guides WoW & Diablo 3 Strategy Guides - Crazy Sale Prices!

 

Zygor Guides For WoW and Diablo III - Mega Sale

Zygor Diablo 3 Guides
Zygor Guides has been the #1 Best Selling Warcraft Guide Provider for quite some time now.  The quality and usefulness of the Zygor Guides has earned them the distinction of being the best guide provider for World of Warcraft.  Zygor Guides are used by an absolute ton of players in World of Warcraft, including many personal friends, peers, and colleagues.  I have never heard anyone complain about their Zygor Guide purchase.  As a matter of fact, every single owner of a Zygor Guide that I know, constantly raves about how the Zygor leveling system works.  It cuts your leveling time drastically from trying to level blindly on your own in World of Warcraft.

Zygor Launches Their Diablo III Strategy Guide Today!

Today, Zygor Guides launched their brand new strategy guide for Diablo III.  There are many Diablo 3 Scam Guides on the market already that have been claiming to be masters of Diablo III for months now, when the game isn't even out yet.  The Diablo III Zygor Guide is the only honest and trustworthy guide that I have seen so far.  All of the other Diablo 3 guides have already been on sale for weeks or months and have already been claiming to be masters of the auction house, leveling, and PvP.  The RMAH and PvP aren't even making it into the release version of the game until later dates!  All of these other scam guides have been selling for weeks based on lies.  Zygor Guides has not been engaging in any of these devious and misleading behaviors.  The have just released the Zygor D3 guide and tell you the truth up front: 
Remember, no other Diablo 3 guide seller has been even close to honest with their buyers.  Only Zygor Guides could be trusted prior to the Diablo 3 release date launch and I wouldn't trust any other guide after Diablo 3 launches either.  Their proven track record in World of Warcraft will translate over to just as great of a product and customer service in their Diablo 3 guide.  they are even asking for your input as the finish the guide, so that they are building a guide based off of what the readers want.  Yes! Zygor Rocks!
"Customers who order will receive instant access to an early sneak peek of our Diablo III guide, which consists of a partial walk through of Act I as well as beginners guides for all the major aspects of the game. This was the only content available before the game's release. Upon the official release of Diablo III, these guides will be updated daily with a complete full game walk through (Act I-IV) and expanded guide content for crafting, classes, skill optimization, the followers system, and achievements, until the full game is covered in the same fashion as this sneak peek version."

The Super Crazy Zygor Guides Sale

To celebrate the launch of the new Diablo III Zygor Guide, they are having a crazy sale, which includes a discount for previous guide buyers.  Here is a quick summary of their sale:
  1. All WoW Guides are 25% Off.
  2. Past buyers of a WoW Guide can get the Diablo III Guide for 33% Off!
  3. Yes. You can buy a 25% off WoW Guide in order to also Buy a 33% Off Diablo III Guide.
I told you this sale is crazy!

Check Out Zygor Guides Now!

Jump Straight To The Diablo III Zygor Guide.


Who else loves their Zygor Guide?  Please share your Zygor testimonials in the comments.

Surprise Markets Of Cataclysm - May Gold Blogging Carnival

How To Make Gold In WoW
Cold's Gold Blogging Carnivals


Cold's Gold Blogging Carnival - 2012

Welcome to another 2012 edition of Cold's Gold Blogging Carnival. These carnivals will continue to take place the 11th day of every month and will be hosted here at Cold's Gold Factory. All World of Warcraft bloggers are welcome to participate and feedback both here and on the original authors' sites is strongly encouraged. So show some support and please leave some feedback in the comments section. These bloggers put a lot of time and hard work into these blogging carnival posts so please tell them what you think.

If you would like to be included in the next month's carnival, please review the guidelines for Cold's Gold Blogging Carnivals and submit your live post link via email (ssmith0911 at live dot com) before the 10th of the month. Read up on the benefits of participating in blogging carnivals at my other blog designed to help new bloggers, Blogging Vitals.  (Lots of tips for those of you starting out or interested in blogging.)  Articles for the CGF carnival are listed in the order they are received. Thank you to all the bloggers participating in this months carnival!

If you are not a blogger, you can still participate in the monthly carnivals as you can have a post hosted at Goldgrubs.com.  Now I present to you this month's participants answering the question:



Looking Back Throughout The Cataclysm Expansion:
What Was A Niche Market That You Were Suprised To Find Or That You Did Better Than Expected In During Cataclysm?







Selling Level 81 Greens by Farli of The Overcut


Most Surprising Cata Market: Nightmare's Tear by Cold of Cold's Gold Factory

My Surprise Cataclysm Niche Market by Nev of Auction House Addict


Thanks again to all of this month's participants.  Be sure to check back later for next month's carnival topic and remember to look for next month's gold blogging carnival on the 11th.  If you have a topic idea, don't be afraid to send it in.  We may use your idea, which will get you proper credit as well.  

Until next month,

Happy Diablo 3 Launch Week!

Come Vote and Comment On What Class You Are Starting With In Diablo 3.


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 and J!inx - Clothing For Gamers And Geeks.

Wednesday, May 9, 2012

Most Surprising Market During Cataclysm: Nightmare's Tears

Most Surprising Niche Market During Cataclysm

For the May 2012 gold blogging carnival topic, I asked:
This is my entry into the carnival answering that same question.  You can find all of the Gold Blogger's Carnival topics and entries on Cold's Gold Blogging Carnivals page.  Anyone is welcome to participate and contribute an entry for the monthly topics. 
"What Was A Niche Market That You Were Suprised To Find Or That You Did Better Than Expected In During Cataclysm?"

Nightmare's Tears Still Sell In Cataclysm


Of all of the niche markets that I've dealt in during the Cataclsym expansion, none other was more surprising to me than the Nightmare's Tears niche market.  Why was this market so surprising to me?  The Nightmare's Tear is an almost completed outdate item and during Cataclysm, it should only have been used by non-Cata Twinks and leveling characters who can't use the Cataclysm level gems (due to item level requirements).

The Nightmare's Tear is a prismatic gem that provides +10 to each stat and was orginally introduced during the Wrath of the Lich King expansion.  Back during Wrath, this gem was in everyone's gear and was limited to 1 equipped per character.  Due to player ignorance and / or stupidity it continued to see much use throughout Cataclysm, even though using any Cataclysm level gem appropriate to your character's spec was a better option.  The demand had to be related to players not understanding how the prismatic gem and prismatic slots worked.  Players incorrectly believed that a prismatic socket had to have a prismatic gem slotted into it, when in fact, a prismatic gem can hold any color gem.  I further tested this hypothesis, by double checking the armory pages of characters that had purchased one of my Nightmare's Tears.  I almost always found that Nightmare's Tear in a prismatic slot of the buying max level character.

Originally I tested this market out with a few of the remaining Dragon's Eyes I had left over from Wrath of the Lich King.  The Nightmare's Tears I posted all sold out rapidly as no one else was selling them.  I instantly thought it couldn't have been a fluke and looked on the armory to see what these prismatic gems were being used for.  Once I realized that players were looking for the Nightmare's Tear gem for their prismatic sockets, I started to churn out as many as I could.  The removal of the Icy Prism cooldown, made it much easier to gamble with Frozen Orbs and the Icy Prisms to acquire multiple Dragon's Eyes to turn into the Nightmare's Tears.

The demand was so high after Patch 4.2 and 4.3 that I had exhausted all of my reserve Frozen Orbs & Dragon's Tears and had to turn to buying Dragon's Tears on the auction house, in addition to returning back to the Dalaran Jewelcrafting daily quests.  I was even buying out low and mid priced Nightmare's Tears (once others caught on) in order to meet the demand and keep the prices high.  I was able to get an easy 700-750 gold for a single Nightmare's Tear and was selling 2-4 a day for months.  After drying up the Frozen Orb and Dragon's Eye supply markets on my server, I got tired of running the JC Dailies and threw in the towel as the copycats had finally caught on after a couple months of holding the market to myself. 

Did I make a lot of gold off of the ignorance of other players?  Yes, but at the same time, I was just providing goods in a market that most assumed was dead.  The lack of competition and increased demand for those goods led to the increased prices.  Without the demand for them, I never would have been able to continously sell those old prismatic gems for such a great price.  So remember that just because an item shouldn't be selling, doesn't mean that it won't.  Provide what people are looking to buy and you may just find a niche market with great demand and low competition, even if it is selling nearly obsolete items to ignorant players using them incorrectly. 

What suprise markets did you guys find during the Cataclysm expansion?


Enjoy The Posts Here at Cold's Gold Factory? Check Out Cold's Mysterious Fortune Card Mastery Gold Making Guide. Also Check Out My Favorite All Around WoW Gold Making Guide and J!inx - Clothing For Gamers And Geeks.

Friday, May 4, 2012

Making Gold In WoW Off LFR Loot Rolls - A Reader Submission

Making Gold In WoW With Looking For Raid

Today I present to you an interesting reader submission / guest post from a reader here at Cold's Gold Factory.  Kylor contacted me via email with a gold making tactic that he has been using.  I had thought of using this strategy, but since I hate raiding, I never got around to trying it out.  Kylor was kind enough to submit a guest post on this tactic of making gold in WoW.  Take a look and let us hear what you think of this strategy in the comments.

Hey guys,



I recently returned to the game and I wanted to share my experience on something that I've been doing to make some quick gold while capping my valor points: selling your rolls in LFR (Looking For Raid). I have found that players who need the items from LFR are very willing to pay a pretty penny for them. I usually post in trade something along the lines of "WTS Hunter rolls in LFR, pst" and get a couple responses pretty quickly.


It does seem that these players are more willing to agree to pay for each item won, rather than paying a flat amount before the raid, but both methods can definitely work. As far as pricing, i have had sucess with prices of 500g per item and 1000g for the weapons, but have gone as high as 2500g for a weapon, so experiment a little with the pricing on your server and see what works for you. If you do decide to go with the pay up front method, I have found that 1000g works well, so that may be a good starting point. You could also try a combination of both, something like 500g up front and 500g per item won.


There may be times when people in the raid are pretty unhappy with you for rolling on gear that you don't need. I usually just inform them that I gave it to someone already, and have them back me up in raid chat. I don't see this being a problem really, but I have been kicked from the group for it once. In that case I just whispered the buyer to leave and we queued up again. It really helps to have a tank guildie or friend queue with you and leave once the raid starts to speed things up.


This can be a great way to make a little gold while capping your alts on valor points, and it really adds up if you have multiple characters able to do LFR. I'm sure that this was much more profitable towards the beginning of the patch, but there is still money to be made here, at least until Blizzard changes the loot rules. If anyone else has had success selling their rolls in LFR, I'd love to hear about what prices you've been able to sell at, or any other methods you might have!



-Kylor
Well, there is the goblin mind set put to great use!  I'm sure this tactic is frowned upon by many of the LFR cry babies, but there isn't a thing they can do about it.  It is really no different that running LFR with your guild members so that you can give the items to your guild members to help them geared up quicker.  Blizzard has allowed this strategy, which is playing within the rules of LFR that they created, but they are changing the way loot works when Mists of Pandaria is released.  Someone may not like this strategy, but it isn't illegal and is a nice way to make extra gold doing something you were already planning on doing anyway.

Thanks Kylor!

What do you guys think about selling your loot rolls in Looking For Raid?



Enjoy The Posts Here at Cold's Gold Factory? Check Out Cold's Mysterious Fortune Card Mastery Gold Making Guide. Also Check Out My Favorite All Around WoW Gold Making Guide and J!inx - Clothing For Gamers And Geeks.