Showing posts with label Experiment. Show all posts
Showing posts with label Experiment. Show all posts
This is a new series that I'm starting, to show you that it is possible to become a rich player while leveling,  by playing through levels 1-25 (the noob levels!), and therefore it's even easier to be rich at level 80.

I have created a Warrior for this purpose, and I'll just skip the initial area because there's really not much room for profit there. The place is just meant to get you to learn the basics, get to level 6, and start your journey.

This guide is about questing effectively, and using the Dungeon Tool to get mats, and XP (Heirlooms are optional, but they're a great help)

There are 3 main rules you should always keep in your mind from this point onwards:
  1. Always loot EVERYTHING in the mobs that you kill. You will need to vendor every grey item, and keep some white items with you to sell at the AH (meat, low level gems, etc.). The money you get from this will be your base money. This is the money you will always keep in your bags, no matter what, so you can acquire stuff that is necessary, so why not pick everything up?
  2. Get 2 Professions as soon as you can, but no need to stop your initial questing sprees. If you're questing, stay on it until you're done with all the quests from the city you're currently on. By level 10, I recommend you take those professions no matter what, but until then don't rush it.
  3. Be fast, be effective, and don't waste time. Time is money! This guide is about leveling fast and make money fast, so there's no other way for you to be than being fast!
I took Tailoring and Enchanting on my new character for this experiment, but Tailoring was more of a thing I've wanted to have for a long time, and I didn't find many ways to profit at such a low level (I'm expecting a lot from Bags in the future though!). Enchanting was the main money source, and I'll tell you how.

Get to level 15 as fast as you can. After this, you'll be able to join the LFG Tool while leveling and this is where the real game begins.

With Enchanting, I was able to disenchant everything and create hundreds of Dusts and Essences while doing instances. With all these mats, you can either sell them immediatly OR level up your Enchanting a bit, and sell some of those cool enchants everyone buys all the time (Beastslayer for red glow, +Damage for blue glow, you name it)

With Tailoring, profits are definitely lower in this stage, but you can still sell Linen/Woolen Shirts (people buy them very often actually, for their "fun" costumes). I have found that Woolen Bags actually sell very well too, specially on weekends, so you should try that on your server and see if it works!



After reaching the level 23-25 stage, my Professions were already at the 100+ level, and making money became even easier...

So, if you've come this far in the guide, what are you waiting for to make lots of gold on your new character? The noob status doesn't last forever, and you're just about to stop being one!

Interested in more episodes of this noob guide? Let me know!


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  • Day Two
On Day 2, there were slight changes. My ink cost was significantly reduced due to the fact that my Snowfall Inks sold, therefore my net profit rose...a lot.

The day started with the posting of another 500 glyphs, my second batch. I have to admit that I cancelled-undercut a bit more than I did on Day 1, and perhaps that's why I got better results too, along with the lower ink cost.

Summarising day 2, I can say I tried a little harder and it paid off.

Results

The results were certainly positive. At the end of day 2, here's the net profit:

(Bear in mind that this is day 1 and day 2 combined. The result of day 1 was 2,041g. Therefore, the result of day 2 was 3,951g.)
Now, let's analyze what I did during these 2 days, and how you can do it too.
You must be willing to spend 1-2 hours before actually posting the glyphs. Buy herbs for milling. If there are no herbs at the AH for good prices, just buy the inks. They're usually not very expensive. Use Quick Auctions, always. Go to the AH, type /qa summary and scan data for Glyphs. Anything that sells above your threshold must be crafted. Then, it's just a matter of posting the glyphs, and cancelling-reposting whenever you get the time among your other activities. There's no need to be an AH camper. If you follow these steps (anyone can do them, and you don't need to play 24/7, like I mentioned before), you're on your way to success. On the other hand, if you follow these steps on my server, I may not be too happy about it!

( /point Nectarine )
Just kidding...!

Now, some answers to the "Part 1" post comments:

Out of interest, how do you have your groups set up in QA?
by Sarainy (hey, free link love ^^)
I would tell you, but to be honest, my competition would love to know too. But it's not really important for me to mention my specific configurations anyway. I'll explain how you should config your own. Basically, your threshold (the minimum price you sell your glyphs for) should be a bit higher than your ink cost (this topic at JMTC should help), say 1g or so above your ink cost. The undercut value is up to you, but usually a few copper/silver is okay, and that's what everyone uses (except Goblins). The fallback value should be high, but shouldn't seem like an outrage. Usually 35-45g is the way to go, but you may find yourself pricing it differently depending on what people on your server are willing to pay (some are willing to pay more than those values; some would think they're way too high), which you will only find out after you try several different prices. About the auction time, 12 hours is what I use (and I guess everyone else does too, because of all the undercutting that happens on this market).


Can't wait for day 2!!! Yesterday I just start leveling my Inscription and ended with 100 auctions (and I'm not lvl 200 skill yet!!).
by Raddik
Not bad. Keep it going, and you'll be amazed on how many auctions you post when you've got most or all the glyph recipes ;)
The glyph madness has begun.
Just like I mentioned 2 days ago, the goal is to have the best profit possible selling glyphs during a couple of days. This is the complete report of how I did the whole thing. It will be divided into days (Day 1 and Day 2).
  • Day One

I had roughly 650-700 inks stored in my bank, and started crafting glyphs, according to what QA Summary told me.
After this kind of long process, here are my bags:


That's every kind of glyph that sells over my threshold. And I was crazy enough to manage glyphs from all classes only on one toon!

After posting, the total number was:
...

532 glyph auctions, out the 3984 total, means 13,35% of all the glyph auctions are mine. It might not seem much (percentage wise), but these 13% are the ones 90+ % of people buy, because they are the cheapest almost all day.

At the end of Day One:
 
2,041 gold in one day is just the beginning. Stay tuned for the report of Day Two. You haven't seen anything yet. It gets even crazier.
This is the first experiment I post on Too Greedy. It's a new topic I'll bring up from time to time. The goal is to give evidence that something is/isn't possible. This is the first of some new topics I'm bringing up in the (near) future. Enjoy :)

Making money at low levels?

It is possible. Starting areas are filled with beasts that drop Meat, Eggs, and other "animal things". You can make a lot of money by selling these at the AH. The buyers are usually people who are leveling professions. But this is not the only way.

Mining and Herbalism, for example, are amazing professions for this. While doing the low level quests, you can mine dozens of ores and gather loads of herbs. Turning the ores into bars, and selling them, along with the herbs, is a great source of income if you're looking for starter cash, and it should be more than enough to start doing funny stuff at the AH.

I'm now leveling a warlock for such purpose, and I'm gathering all sorts of materials; herbs, ores (Mining and Herbalism are my two professions), cloth, meats, etc.


After some days, I'm now level 14, and have done my first postings at the AH, like the following screenshot shows (these are just 3 of the many pages - they were roughly 100 total auctions):


These materials were farmed during my Elwynn Forest/Westfall questing. The results of the these few days gathering and selling while leveling are:


These are only 2 pictures; I could've taken a lot more, but it would take a lot of space to show all of them, and it's not really necessary. You can see I sold all my Copper Bars, some Boar Ribs for 50s each, a few herbs...all this in a couple of days. My bags after the first business adventure on this character:

 
Note that I still got more herbs, feathers, meat, eggs, and other random stuff to sell. I didn't sell them all at the same time.


Conclusion
As you can see, you can make plenty of money before level 15 while just enjoying the quests, and gathering stuff meanwhile. It may not seem much money, but it's a start, and it's definitely not bad for a toon of such level. The gold you acquire also increases as you level, because items become more valuable, either because they're just higher level, or because sometimes there's very low supply for them (people often vendor them, don't be such a silly person). So, making money at low levels? I did it, so it IS possible.
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