Phase 3: Profit !

Top 5 reasons which stop people from rich in wow, and make goblin (us) rich.

With trading,
Anyone in azeroth can be in a farm-free state
Anyone in azeroth no longer need to grind for consumable, repair bill, enchanting and gemming
Anyone in azeroth can be on baby mammoth (Not recommended however)

Excuses

“I don’t need gold” -
you need, let’s face it. Even you are not into vanity like Me/Gevlon/Seth. You still need to pay your repair bill / consumption/ gear enchants etc. Unless you stop raiding and pvping altogether, you need money. And there are different way to gather the money you need. Why don’t take your time and find a good way for it? (And proven profitable e.g. crafting)

“I don’t have time for this” -
Trading didn’t mean AH-camping, which some of our fellow trader trade in that style, but it’s not necessary. You can still be rich without camping. Yes, you may earn less compared to those camper. (Here’s why). But so are working, you work less, you gain less. I would said the loss is acceptable, Trading still give you much higher gold/hour then other form of grinding.

Take my glyph industry as example, I post twice a day, which takes me 1 hour, which reward around 1-2k gold per day, While the mail getting and posting part is mostly afk.

“It’s too complicate for me” -
if you notice, this is the same line a M&S would said. “I can’t do 1800+ dps” , “I can’t get out of the fire”, “I can’t interrupt/CC/[Insert any task here]“. No, trading is not hard, compare the time you need to grind to the same amount of gold. Some area in the trade is easy to learn, e.g. Cross Faction Pet Selling, Cooking Receipt Gathering.

I know the picture is scary to some of us, but this is not the only way.

“I am not that kinda evil trader, who prey on poor and clueless people” -
These group of people, In Gevlon’s word, Social. Trading is not evil, in terms of economic, a efficient trade will give everyone better off. Econ 101: Alisa want an glyph/[whatever goods], she is willing to pay 20g, Bob want to sell a glyph, he’s willing part with it at 5g. When the transaction happen, we had a 10g net gain. The bargaining only occur between 5-20g range, otherwise, the trade will never occur. The so-called evil-trader can and will do his twit and twist on pushing the price near 20g, but can never exceed it, the trade will always be efficient, as long as the trade is voluntary.

“I may lost money” -
This is the greatest resistance for anyone to get into trading.
Translated in Social’s word, “losing make me feel stupid, and that should be avoid at all cost. Grinding, Farming, Doing Daily is risk-free, I rather spend my time there”.
Everything induce risk, and the price for “risk-free” is so high that you don’t even had to think twice on that. And, the risk factor usually is over estimated by ignorance. Trading is not about luck.

For 100% risk free investment, everybody will be drawn into it, and thus the profit will be lowered. Simple Demand Supply rules.
However, since most of the people drawn to those risk-free option, which left the risk bearing opportunity much more profitable. Identify those risk, and when odds are good, strike. That’s what it takes for a trader.

Conclusion

Did you hear these word from your guild mate? Or did you hear this from your heart?
It’s okay, everyone prefer a comfortable place and afraid of change, but given embracing this can change the very game play of yours (farm-free state, anyone?)

At least give it a try.

A little short blog update…

As you may notice, I started my raiding career with my New Main Notus..
I am still work hard to balance time on blogging, raiding, work and family (especially with gf)

I would really want some help on having guest poster here…
A little summary of the state of the blog. There are 5 type of post we had here now

1. Reactive post – post that reply to others’ post, thoughts and comments
2. Wow Econ, Some economic perspective to Wow, including trading, player behavior, guild, pug etc. (Included but not limited to Gold-Making)
3. Trader Tips – Fellow trader’s tips, e.g. how to start a bank guild
   (notice: not guild bank), New Add-on, Market Change
4. Me as player – Rant, Goblin type – thoughts on Raiding,
5. Others – Silly post and Not-so-Weekly Report for instance

I had been posting like 4(Player), 1(Reactive), 5(Others), 3(Trader), 2(Wow-econ)…

In which I would like more post on 2(Wow-Econ) and 3(Trader-Tips).

I would consider Wow-econ post is hardest to write (for me), since it’s usually long and hard to polish…

I am continuously looking for guest poster on these topics, If you had an idea would want to talk about, and think this blog is worthy for your publication, please contact me

Dazzer321 send me an email, and I would like to give it an highlight for you guys.

Seth had mentioned on his monday post.
I was having a problem on the email, so there was a delay..

Dazzer321 had a rapid growing collections on low end money making tips.
Which is nice for new comer for trading…

In his word:

My blog is a gold making guide it shows you how to make cold quickly. The posts are usually short and snappy for easy reading but the content is there at the moment is been focusing on the lower end of gold making for the low level character but will eventually branch up all areas of wow gold making.

Definitely worth your time for a visit if you didn’t yet,
and great for recommend to your less fortunate guild mate.
On my daily RSS reader
Good work Darryl.

http://afistfulofcoppers.blogspot.com/

Especially true on the 71 to 80 AV Bracket (As of pre-3.2.2)

Player Composition

1. Serious Pvper – Who want to win the battle with strategy and group work.
2. Gankers – Who want to show how powerful they are, by one hit others. And they can’t twink anymore, since they can only face player who are twink as well (From the XP lock system). They want to slaughter, not a fair game… (I am not saying all twink are ganker, but the ganker had a large portion of the pre-3.2 twink community)
3. Low level pvper, (and now, Leveler) – The High level player (e.g. 80 or 70) used to boo them for dragging back the team. But they become the major group in Battle Ground now.

What happened in 3.2

Group 3 increase dramatically, just like what happened welfare Epic handed out back in TBC.
Incentive of leveling in AV is huge (I got a level (73) in AV in 8 battles on Sunday as well).

Group 2 increased as well,
Since the twink battleground do not work anymore, rather than spending hour in the wild for picking low level player, they can just kill those 72-74 player, who are definitely squishy for them.

Conflict of interest

Player in Group 1 and 3 want smooth battle, fast-game since XP only reward on achieving goals only.

While Group 2 (Gankers) don’t give a damn, they just want to show how IMBA (they think) they are, they are the guy who (attempts) kill everyone they come across, start fight in cross road, which will ends up in a turtle game.

Summary

Pre 3.2, the effect of gankers is much more devastating. Since in the past, opposite group 1 players are powerful enough out-weights the gankers,

while in 3.2 the leveler is helpless against them (And thus fuel them with oil).

Thus the setup will shift the balance of fast game to turtle game.

The 3.2.2 71-79, 80 bracket change should able to ease the problem.

I was kinda lazy this week (I was happily leveling with my beloved GF ),
So I expected that there is a week’s worth glyph crafting work for me…
The number still surprise me though…

I should be happy, since I sold around 800+ glyphs last week, I was making 1-2k per day. Consider the price range is 4-10g each, that’s a lot.
(due to my over-stock setup, the glyph to craft number is larger)

but yet, I had some problem crafting them all….
Aside from a very long craft time, my bag was full, when I try to buy all those parchment (177g+ )
And also bag space when crafting….

I also used up half of my stockpiled ink of the sea.
Time to get more herbs….
(It’s funny that, every time I wonder if I am overstocked, I’ll run into shortage soon)

Yesterday, when I finished my auctions posting, I saw a 62lv DK spamming /trade “Free Boost in the Stockade”

I could use some _Free_ leveling for my banker for travel from (Druid)

I joined the party, and most of them recognize my bank alts name from the AH (Fame may not be a good thing for us though).

The catch about the boost thing is that the DK want to collect wool and silk for leveling tailoring.
So she decided to do it herself, and she even let us keep on the loot (Blueies and greenies).

I didn’t pick much, since the other alts are so eager to loot all the corpses, and I don’t really need that. (In goblin term, I don’t even want to do the clicking)

I tried to give her some advice (Since I would said it’s pretty time consuming on farming wools there)

1. She should consider buying cloth on AH, instead of farming that herself. (Consider 2-3 stacks of wool, per run of stockack, and it’s sold 1-2G per stack?)
   - She refused, I suspect she had no idea of what’s opportunity cost
2. Boost people for payment and buy those cloth is much more effective (If she’s not willing to pay for cloth)
   - She refused too, for a social reason “people boost me before, so I shouldn’t charge others for it”
3. The price on AH is on 4-5g due to shortage on weekend, so I told her if she ever consider to buy them, she better do it on weekday
4. She believe the cloth should be sold at 50% price (50s) on what show on my auctioneer average, and said anyone selling higher than that is a evil trader (Bxxxtard etc). I doubt that anyone will sell her except morons.

I was thinking to sell her on 1g (100% market price), for some stock remaining in my mail box, (I would lost 200% if I put that on the market, since they’re 300%+ now).
But I didn’t even suggest that (Since she won’t accept that price anyway).

Finally I offered some tips on where to farm for mageweave. (If you really had to farm, at least find somewhere worth your time)

I can foresee she’ll be farming the instance for hours to get her tailoring up.
While telling her to stop boosting others is against my own interest (Since I can be boosted too), but….

There is not much I could do,
if she just didn’t listen to advice.
But at least she is happy about this (may be).

Sometimes, the reason for people remain poor is themselves.
-Zekta