Gold Making
This is how I made my money. I’ve been playing this game since the
first week it came out and I’ve never made an alt…this guide is truly
the path I took from lvl 1-60 (with a few modifications here and there
as lessons learned from my mistakes!) There’s hundreds of ways to make
money in this game. You be a gatherer the entire time, selling mats and
make money. You could do nothing but manipulate the Auction House and
make money. You could grind areas that are known to drop rares and
epics and make money. There’s tons of ways, this is just my way. Enjoy!
Phase One – Levels 1-40 “Hunting and Gathering”
So you’re just starting World of Warcraft, you’ve picked your race
and class (gnome rogues ftw!), and you’re at the point where you get to
pick two professions. You might say to yourself “oooh I’m a rogue so
I’ll get leatherworking so I can make my own armor!” or “I’m a warrior
so I’ll get blacksmithing so I can make my own weapons!”…OK just stop
right there n00b! Lemme tell you a little secret about all those cool
crafting professions…
***With the exception of a handful of items per crafted profession,
you won’t make money! And hey guess what, those few items that are
profitable are pretty much unattainable at lower levels!***
I hate to rain on your parade so early on, but it’s better I tell
you up front than watch you waste what little gold you earn trying to
level up your crafting profession. The problem with crafting
professions is that you fall into the trap that I like to call “Skill
Leveling Fever”, where you will do whatever it takes to raise the skill
of your profession. Some of you will say “Ya Gen, but that’s why you
take a complimentary gathering profession so you can farm your own
mats”. This is true, but you will VERY quickly reach a point where the
materials you require will be unattainable at your character’s level.
And what are you gonna do, wait until you can farm them yourself? Hell
no, I know you better than that! You’re gonna go run to the AH and
start buying materials for the sole purpose of leveling your crafting
profession. Welcome to the poorhouse!
So instead, pick two gathering professions. The cool thing about
gathering professions is that you start making money right away…walk up
to a mineral vein or a plant or a dead animal and grab those mats! It’s
100% profit! And since you are going to be spending a LOT of time
running around doing quests and killing animals…it only makes sense to
take advantage of gathering professions. Mining and Herbalism are the
biggest moneymakers, but since they share the minimap, I usually will
pick mining or herbalism and then pick up Skinning.
The one negative thing about gathering professions is you’ll find
your bags fill up VERY quickly. Don’t worry, the first thing you’re
gonna buy are 14 slot bags. These things cost like 2g50s on my server,
which you’ll have after selling like 4 stacks of whatever you got. Buy
4 of these 14slot bags, you’ll need the space! At this point some
people make alts that sit near the Auction House and they mail all
their mats to the alt. This is a good idea for some…to me it would
drive me nuts having to mail stuff all the time
Also, items with grey text are vendor trash, meaning you sell them
to a vendor. ALWAYS pick up the vendor trash…at your level every little
bit counts. If it’s WHITE text, that means it’s used in a profession
somehow. Hold onto it and see what it’s worth on the Auction House. If
you can sell it to the vendor for 25s but sell it on the AH for
50s…you’ve just doubled your profit! Don’t laugh at 50s profit
either…do that 1000 times (which you will do this 1000s of times in
this game) that’s 500g!
You should be making more than enough money to pay for new skills,
updated armor and weapons, gryphon flights, stupid noncombat pets (hey
I love em too!) etc. But keep in mind you are working towards two
things when you hit lvl 40:
1. Buying your mount, which is going to cost you 90g
2. Preparing for your first crafting profession, which will take money to level and buy schematics/patterns/recipes/etc.
You cannot enter Phase Two until you have purchased your mount and have like 100g in savings. Trust me on this one Very Happy
FREQUENTLY ASKED QUESTIONS ABOUT PHASE ONE:
Q: Gen, you are a god among gnomes, and handsome to boot. But if
you tell everyone to take up gathering, who will buy the materials
we’re gathering?! If there’s no money in crafting, nobody will buy our
materials!
A: It actually makes a perfect circle…”lowbies” gather the mats,
while “highbies” buy the mats and make crafted items (we’ll discuss
highbie strategy in a bit). These highbies in turn sell their items
(for a profit) to other highbies and lowbies who NOW have money to
spend (because they’re not wasting all their money trying to level up
crafting professions!) It works really well like this.
Q: Gen, you are kind, intelligent, and have abs you could wash
clothes on. My character is lvl XX, and I’m a lvl YY Crafting
Profession and a lvl ZZ Gathering Profession. And I’m BROKE! Should I
drop my crafting profession and take up a second gathering profession?
A: It depends on several things. If you are already close to lvl
40, you might as well keep the crafting profession…UNLESS it’s really
low level (like <125 or something) then ya drop it like a bad habit.
If you are relatively low level but have a mid-level crafting
professions, I would still drop it and take up a second gathering
profession. You’ll end up making much more money by the time you’re 40,
which is the real goal of this guide.
Q: My materials aren’t selling! The market is flooded with them and I keep getting them returned in the mailbox!
A: Ya that’s going to happen from time to time. Some days you can
sell a stack of something for 1g, the next day the entire AH is flooded
with stacks selling for 20s. It’s what I call the “Retard Factor”. The
best thing you is get a general idea of how much stuff is selling for
at that time, price your materials a little bit less that that, and
hope for the best. Don’t throw your hands up in despair when someone
undercuts you…it’s gonna happen. Just take your unsold mats and put
them back on the AH…someone will buy them, trust me!
Phase Two – Levels 40-59 “It’s fine…learn 2 craft”
You’ve hit lvl 40, you have your mount (sure beats walking huh?),
you’ve learned all your new skills, and you’ve decked yourself out in
some fancy new duds. Now what?
Well, you *could* stick with your two gathering professions. They
will still make you a lot of money, actually more money than in the
first phase because you’ll know have access to higher level materials.
If you don’t feel like busting !@#$%^&* trying to make money with
crafting professions, stick with gathering by all means. You could stop
reading this guide right now and have enough money to make you happy.
Still reading? Okay good let’s talk about your first crafting profession Very Happy
Pick a crafting profession that sounds fun to you. Don’t worry,
it’s going to make you money (except maybe Alchemy…I’m sorry I *still*
haven’t seen proof that you can make lots of money off of Alchemy).
What your going to do is drop the gathering profession that doesn’t
complement your new crafting profession. For example, if you want to
take engineering, drop skinning and keep your mining. The one
profession I do not recommend you take at level 40 (besides Alchemy) is
Enchanting. Enchanting is a great profession but it’s not for the faint
of heart, and it’s a #@%$! to level up. If you are dying to be an
enchanter now, welcome to the poor house…otherwise try to hold off
until you’re level 60 (we’ll be discussing that in the next phase).
Now that you’re level 40, it should be very easy to powerlevel your
new profession to a certain point. Do everything possible to farm your
own mats while leveling, it will save you a ton of money. This is
important because you need your money for…
SCHEMATICS, PLANS, FORMULAS, RECIPES, ETC!!! These are what
separate you from all of the other people taking up crafting
professions. I see twenty new threads every day asking “how do you make
money in leatherworking” or whatever, and people usually reply “you
don’t take herbalism it’s a goldmine”. I’m going to let you in on a
little secret.
It takes hard work and a LOT of time and gold to make money in crafting!
You will NOT be rich from a crafting profession just by learning
what the trainers provide! You have to spend gold on
schematics/formulas/plans/etc to make the stuff that people really want
to buy. I’m not saying that every plan on the AH is going to be a
moneymaker, but the ones that ARE moneymakers you’re going to have to
pony up the cash. Don’t bother farming for them it’s a waste of effort
just pay a reasonable amount for it on the AH.
Guess what? You’ve just put yourself above probably 75% of the
other crafters out there! Why? Because 75% of WoW players either don’t
have the gold to buy plans, or they refuse to spend money on them
because “people price gouge on the AH”. Now instead of competing with
1000 engineers, you are competing with 250 of them…and out of that 250
there will be quite a few that aren’t as aggressive in making money
like you, you sly dog!
It’s important to remember that crafting professions are a long
term investment. Unlike gathering, you actually have to spend money for
crafting professions to make money. On my server sniper scope
schematics go for 100g. 100g is a ton of money, but as soon as you pay
it off (you can make 2-3g profit off of each scope), you’ve got another
weapon in your arsenal of moneymaking!
The questions I get asked all the damn time (people even create
alts on Malygos to bug me during my Molten Core run lol) is what items
sell for a profit, how much do you sell them for, etc. And the answer
is “find out for yourself”. Make a spreadsheet or list of everything
you know how to make. Then for each item list out how much RAW material
it takes to make that item. What do I mean by raw material? It’s the
total amount of uncrafted items you need to eventually make the item.
For instance:
Hi Impact Bombs x 8 = Mithril Bar x16 + Solid Stone x16 + Mageweave x4
Notice that Hi Impact Bombs really take Mithril Casings, Solid
Blasting Powder, and Unstable Triggers…but the RAW material list is as
stated above…get it?
Ok now that you have that for every item you can make, figure out
the UNIT PRICE for each raw material. UNIT PRICE is how much it costs
if you buy one Mithril Bar on the AH. Don’t look at the prices for just
one Mithril Bar though…look at how much a stack costs and divide by 20.
Got that? Great! Next step is to find out how much you can sell
each item for. Do a search on the AH to see what the going prices
are…it might take you a few days to get an accurate number due to the
“Retard Factor” of people putting up items for ridiculously low or high
prices. If the items just don’t show up on the AH, determine if anyone
would actually *buy* the item first, and if you think they would just
take a guess of how much you could sell it for.
You know what the final step is right? I sure hope so. You know how
much it costs to make the item, you know how much you can sell the item
for…do some simple subtraction to see if you can make a PROFIT off of
your items! You will be surprised how many items will make a profit.
The obvious choices are items needed for quests, items that need to be
purchased several times (such as armor kits, sharpening stones, scopes,
potions, etc), and blue items.
The two top comments I get from this section are:
“Gen, you really expect me to make a spreadsheet of all my crafted
items, with materials, and costs of mats etc etc? that seems like a lot
of work can’t you just tell me which ones sell best?”
Get out of my forum! If you can’t do the legwork and put the effort into it…go pick flowers and collect rocks.
“Gen, why do I have to make a spreadsheet based on cost of mats in the AH? I can easily go farm my mats and make 100% profit!”
Ah HA! This is the statement that is the death of crafters
everywhere. I’m going to make the next statement in all caps not
because I’m angry, but because I want it to stick out so much you can’t
help but read it and remember it:
***IF YOU CANNOT BUY THE MATS ON THE AUCTION HOUSE, CRAFT YOUR ITEM, AND SELL THAT ITEM FOR A PROFIT…DO NOT MAKE IT!***
Seems so simple yet time after time again people will say things
like “yeah of course you aren’t going to make money if you buy your
mats on the AH you have to farm the materials”. Well, if the materials
are worth more than the finished product, why would you bother making
it? Just sell the materials for a larger profit! The purpose of the
spreadsheet is to help you identify what items you can make a profit
on.
The next logical step is to realize that if you can buy the mats on
the AH and still make a profit, why would you spend all that time
farming materials? In the time it takes you to farm the mats to make
one item, you could buy the mats to make 10 items.
You should be making more than enough money to pay for new skills,
updated armor and weapons, repair costs, stupid trinkets (I love my Orb
of Deception!) etc. But keep in mind you are working towards two things
when you hit lvl 60:
1. Buying your epic mount, which is going to cost you 900g
2. Having nearly all of the schematics/plans/etc for your crafting profession, and being able to make a steady income off of it.
3. Having at least 100g (preferably more) saved to help you level up your 2nd crafting profession
Do not bother with Phase Three until you have the above three items
complete. Patience is the key…if you rush into this stuff you will have
more expenses than you do income.
Phase Three – Level 60 “Farming is for suckers”
Ok so you’re sitting pretty at level 60, congratulations! You’ve
got your epic mount, you’ve completely owned your crafting profession,
and you got your nest egg of gold. And your entire time spent in WoW
now consists of you either in a high-end instance or sitting in
Ironforge trying to get a raid group together. And that means you’re
not running around gathering! Plus by now you’ve probably said to
yourself “Man, I don’t even need to farm mats anymore…I can buy them
off of the AH and still make a sweet profit!” Welcome to Phase Three
Very Happy
Now Phase Three is 100% optional. Some of the gathering professions
are useful in high-end instances. With mining you can get Dark Iron Ore
and Blood of the Mountain, which both sell well AND help you raise your
reputation with the Thorium Brotherhood. With Skinning (plus an enchant
and a finkle’s skinner) you can skin Corehounds in Molten Core and The
Beast in UBRS. Both have their uses for sure. But this guide is about
how I made money…and since I HATE FARMING (farming is for suckers!) I
dropped my gathering profession and picked up a 2nd crafting profession
(in my case enchanting).
You level the 2nd crafting profession the same way you did the
first, with the exception that you don’t have a gathering profession to
assist you in the leveling process. So that means you’ll be buying your
materials from the AH (yeah you could make alts or whatever…I just
don’t like making alts). The key is to level as cheaply as possible
until you can get to the point where you can make a profit (or even
break even) on the things you create as you level up. Again, same thing
as the first crafting profession…buy up all the patterns/plans/etc that
look like you could make a profit with, make a spreadsheet, etc etc.
This will be a slower process than the first crafting profession, but
you already have your epic mount, and you’re hopefully getting good
weapons and armor from instance runs…so there’s really no rush anyway.
There’s one more thing you can do to make some extreme money, but
keep in mind that everything requires an investment of time and
money…and this will require a lot of both. There are lots of faction
based patterns/plans/etc recently implemented in WoW. Some of them are
as “simple” as killing tons (and I mean thousands) of Furbolgs until
you are honored/revered with the Timbermaw Furbolgs, some as daunting
as turning in thousands of Dark Iron Ores to the Thorium Brotherhood.
We’re talking a couple thousand gold worth of investment right there if
you don’t mine it yourself. 99.9% of the players in this game wouldn’t
touch this with a 10 foot pole, simply because they either don’t want
to waste their energy to achieve this level (which is totally
understandable you have to be crazy to do this), or they don’t
understand the benefit of knowing how to make these epic items. It’s
basic logic though…let’s say you invest 2000g to become revered with
the Thorium Brotherhood. You learn how to make the revered epic items.
Congratulations you’re probably one of the .01% of the people on your
server than can make them. And you know what? 99.9% of the people on
the server want those items because they’re some of the best
gear/weapons in the game! There’s one guy on my server that makes
weapons for 4000-5000g each. It doesn’t take a math genius to see that
the return on investment can be very lucrative! Very Happy Some of you
will say “Oooh but Gen how in the hell am I supposed to get 2000g to
invest in this?” Well, you could either plan ahead and mine the dark
iron ore yourself (for Thorium Brotherhood, for the others anyone can
do it), or do what I did and sell what you can sell like a madman and
save save save! Smile Others will say “Yeah but Gen all of those high
end materials come from Molten Core and they cost thousands of gold to
buy the mats!” This is true, but as I said before this is the upper
echelon of making money, and it takes big money to make big money. You
don’t go to Las Vegas with 20 bucks and expect to win thousands of
dollars do you?
Phase Four – Any Level “Oh you crafty bastard!”
So this isn’t really a fourth phase, it’s more of a “bonus chapter”
of things I did/do to make money. There’s no real rhyme or reason to
it, it’s just the extra things I’ve done along the way that aren’t
really profession related. I never mentioned them in my first guide
because A) I wanted to keep it legit, these things aren’t anything you
can do to depend on an income…but if they happen look out! And B) I’m
still making money on several of these so I didn’t want to spill the
beans just yet lol! I won’t go into super detail here because I want
you to use your brain…not to figure out exactly what I do, but to
figure out things I haven’t even thought of! Very Happy
“Oh I’m a poor guy!” – On rare occasion you will see someone
selling an item in the trade channel. If it’s something you know is a
hot seller, msg them and ask the price. Sometimes they will flat out be
stupid and give you a low price. Buy it, wait one day, and put it on
the AH for what it’s really worth. If they reply with a price that’s
pretty much what it’s worth, say “oh gee, I can only afford <insert
low number here>…I doubt you’d sell it for that. Oh well thank you I
appreciated it”. You will be surprised how many times they will sell it
for that amount or close to it. I’ve done that at least 20 times with
sniper scope schematics alone! Am I proud of myself for doing it? No, I
am not. Am I happy to have the extra gold? Hell yes!
“Wholesale Materials” – If you find yourself crafting the same
items over and over, you’ll start to pick up a trend of certain
materials that you use in large quantities. The best thing to do is to
buy them in bulk for a cheaper unit price. Sure, you’re eating more
money up front, but your profit margin will be way larger (what, you
weren’t going to pass those savings onto your customers were you?!?!)
There’s several ways to do it, but my two favorites are the AH and
goldfarmers. On the AH you might see 100 stacks of heavy leather, all
with 2g buyout, with a 1g min bid. Bid them all at min bid. Chances are
you’ll win a percentage of them at half of what you would normally pay!
For goldfarmers, if they can understand you (LOL), strike up a deal
with them to COD the materials to you for a reduced cost. I have many
farmers constantly working for me!
“WTF is that???” – troll the AH for items people auction, and
browse thottbot and allakhazam…there’s tons of items that you can buy,
do something with, and resell for a huge profit. I personally know of a
few items that I can make 50g+ profit on every time, and a buddy of
mine has found another completely unrelated item that does about the
same. What are they? Not telling!!! But do the research and you’ll find
several little nuggets of moneymaking!
“Hey hey! I got blahblah on the AH!” – I’m not condoning spamming
like a fool, but a well crafted funny msg every 10min or so about
something SPECIAL you’ve put on the AH will really help sell your
product! Do not do this for everyday junk like light leather and copper
bars…this is something you use for rare/epic items or things that are
in HIGH demand. Be witty and funny and people won’t be as annoyed by
you. Hell, ask people in Malygos, I spam stuff and say “pst the gnome
in the wedding dress!” cuz yeah I wear one…and a Goblin Rocket
Helmet…and two Cookie’s Tenderizers…and I’m a male gnome…you got a
problem with that?! Very Happy
I think that’s about all I’ve got for version 2.0…we’ll let this
thing run 31 pages and break, just in time for version 3.0. Hopefully
by that time I’ve learned new ways to make money for you guys!
Good luck and stay wealthy!