WoW Economy Weekly Wrap-Up: Transmog, Profession Shuffling, Analyzing Markets and Gold Making Challenge

Live Posted 2017/08/12 at 9:54 AM by Gumdrops

Check out the first wrap-up if you missed it/r/woweconomy subredditDiscord serverTradeSkillMasterTransmog is a very slow moving marketTrial of Style holidayLoot Appraiser addonChallenge moduleStudenAlbatrozBrozerian

Transmog Set:
Glorious Plate
Sources:
Ruins of Ahn'Qiraj
Temple of Ahn'Qiraj
Silithus
Winterspring

Value Estimate:

Transmog Set:
Glorious Plate (Recolor)
Sources:
Ruins of Ahn'Qiraj
Temple of Ahn'Qiraj
Silithus
Winterspring

Value Estimate:

Transmog Set:
Jade Plate
Sources:
Badlands
Felwood
Tanaris
Searing Gorge
Burning Steppes
Un'Goro Crater
Winterspring
Swamp of Sorrows
Dire Maul
Stratholme
Zul'Farrak
Sunken Temple

Value Estimate:

Transmog Set:
Jade Plate (Recolor)
Sources:
Dire Maul
Zul'Farrak
Thousand Needles

Value Estimate:

Transmog Set:
Ironhide Mail
Sources:
Un'Goro Crater
Winterspring
Uldaman

Value Estimate:

Transmog Set:
Sentry's Mail
Sources:
Desolace
Southern Barrens
Stonetalon Mountains

Value Estimate:

shuffle/u/obviouslynotmyaccnt detailed some steps on getting set up to shuffle for new goblins

To do this shuffle you only need a lvl 103 character, 110 is not required. This character needs to have Leatherworking and you need to do the Leatherworking questline. At 103 the quest (Claw of the Land) for Recipe: Warhide Bindings opens up. After you learn the pattern its time to queue up for Darkheart Thicket. Recipe: Warhide Bindings drops from Shade of Xavius 100% so you only need to run it once. With this pattern you're ready to go.

Each Warhide Bindings cost 9 x Stonehide Leather to make so as a general rule of thumb, you want to make sure that the price of Leylight Shard (or 3 x Arkhana) is more than 9 leather on your server.

If you have a character who needs Blood of Sargeras for another profession or for upgrading gear with Obliterum, I suggest you have them be your enchanter to break all the bracers down for the blood procs, otherwise it can be any toon if you're just using bloods to purchase from Illnea Bloodthorn.

Warhide BindingsLeylight ShardBlood of SargerasObliterum

70,128 x Stonehide Leather () -> 7,792 x Warhide Bindings

110 x Chaos Crystal (1.411% rate), 295 x Blood of Sargeras (3.786% rate), 7,682 x Leylight Shard

Total Yield: Total Profit:
Time spent 7.6 hours
Profit per hour: per hour

/u/fp4 shares his tips to master and optimise the processStormscaleBattlebound ArmbandsRecipe: Battlebound ArmbandsWork Order: Battlebound Armbands1. Analyze the Market 2. ??? 3. Profit/u/pphp shared some of their frustrations on being told to simply 'analyze the market'

Next time you're contributing towards a beginner friendly discussion, we need you to elaborate. We need you to link us to good discussions and pages. We need examples. Places where we can learn how to see trends in a market. Hell, you could even link us to something that finally made you understand how this works.

The Undermine JournalTradeSkillMaster/u/dewse suggests it's a generally vague response to a vague question

Saying "analyze the market" might be a little vague, but it simply means to look what sells the most balanced with what is the best mat price for craft costs. I always have someone asking me what prof to take, and it's such a loaded question that can't be answered easily without being vague ourselves too, without going into a hardcore tangent about how difficult it is to answer "how to make money". All I can do is point you to addons, theunderminejournal, and another thing that most new goblins might not find attractive, to LOOK and analyze the prices of items. If you don't care for graphs, or data, and all that, then you're just at a disadvantage and won't ever understand market trends.

/u/Fazic51 echoes some of the comments I made last week

I understand how unimaginably frustrating it can be to start being a goblin. Everybody seems to know everything and all the answers you get are either extremely vague or way too precise to be understandable and usable.

The thing is, there is no "perfect answer", the only way you can learn is by taking the time to look around, have a try at things on your own, build up some experience and take baby steps at this activity.

I know it isn't fun or rewarding at first, but you have to get through those first days, weeks, or maybe a month of trial and error before getting your hands into something you understand and can play with. Once you have a feel for price evolution, at what price people are willing to buy the items and what quantities you can sell them at, have a go! Buy some mats, craft some things and try it out for yourself. You are going to fail from time to time, but that's part of learning, keep at it and with the experience you will have accumulated things will start becoming more and more understandable, obvious and maybe even predictable!

in the thread on /r/woweconomyThe Lazy Goldmaker

To help me actually give status updates I will be doing a weekly update of my progress on Sundays. I plan to record the following

/played every day to get a breakdown of time spent.
Level
Main activities
Gold spent
Gold earned
Total gold
And an average of my transactions

I believe low level crafting can often be very profitable. I am too lazy to spend time farming, so I will most likely go with two crafting professions as early as possible. The most likely candidates are Tailoring + something else. I already have good experience selling low level Tailoring shirts, so I will try to replicate that. For my second profession, I haven't really decided yet. A possibility is to buy a portal to Ashran and buy the engineering treatise to get access to glider kits, but we will see.

check out the premise and beginning of the challengein his weekly update

This week's addon recommendation is PhaseAlert. This very handy addon will give you a warning when you've been moved to another realm or server phase. The recent debacle during the "Tournament of the Ages" RP event goes to show how important it is to be aware of your current phase, and this also applies to any user of the Auction House - when you get phased the NPC you're speaking to becomes non-interactive so your Auction House breaks! Download PhaseAlert here.

The second tip is to apply the shuffling process discussed earlier to previous expansion crafts that could also still be profitable, or useful to supply yourself with certain materials. Some shuffles never change, look out for crafted bracers as the cheapest item to craft in your profession from each expansion:

Disenchant Deathsilk Bracers for Hypnotic Dust

Disenchant Netherweave Bracers for Arcane Dust

Disenchant Spitfire Bracers for Large Brilliant Shard

Disenchant White Bandit Mask for Vision Dust

Prospect Fel Iron Ore or Adamantite Ore for Golden Draenite

/r/woweconomy subredditDiscord serverstreaming live on Twitch@GumdropsEU

Comment by Cmj01Cool to see dif ways people kill time making gold, but time is money, and if you could make more gold buying tokens with a part time job at McDonald's then it's basically just a dif way to enjoy the game like raiding/pvp.Comment by Joejr82Funny thing about these gold making guides, they are counter productive. Each person that reads and follows ends up lowering the "claimed profit" because of increased farming/selling.Comment by AesiriaCool to see dif ways people kill time making gold, but time is money, and if you could make more gold buying tokens with a part time job at McDonald's then it's basically just a dif way to enjoy the game like raiding/pvp.Comment by DblbaconatorFunny thing about these gold making guides, they are counter productive. Each person that reads and follows ends up lowering the "claimed profit" because of increased farming/selling.Comment by ArrayaThe owl picture, lol
Great guide, I'll make sure to bookmark it!Comment by EddafredFunny thing about these gold making guides, they are counter productive. Each person that reads and follows ends up lowering the "claimed profit" because of increased farming/selling.Comment by perculiaFunny thing about these gold making guides, they are counter productive. Each person that reads and follows ends up lowering the "claimed profit" because of increased farming/selling.Comment by selkie47Lol funny how the 6 of the 7 transmog examples are hooker-plate. :SComment by pinelakias2There are a lot of ways to make a huge profit in the AH. Farming raw mats, farming raw gold from raids, flipping, crafting main prof, sniping mistakes, farming newest raids for BoE upgrades, farming cosmetics, etc. Even if we spread the information of what we are actually doing, chances of the newbies to affect us are limited. Especially people like me that make a profit from sniping mistakes and good deals (I mean, what were you expecting putting a full stack of chaos crystal for 198g?)Comment by Aggressor1000Lol funny how the 6 of the 7 transmog examples are hooker-plate. :SComment by nitewolfetxI make awesome gold just from hexweave bags.
But then i have 20 characters all doing there cooldowns and garrison work orders.Comment by MagneithI consider myself pretty savvy at making gold. I've always been a gatherer and never minded it at all. But I have to get the farming bug, as it were, and that means I usually go out for anywhere between 2 and 16 hours and just gather. With some movies, music, or TV in the background it helps pass the time.

Reading through these it feels good that most of these things I've already picked up on and doing myself are getting recognition on this level. I can add in a few more tips for you guys.

Pet Battles and Battle Pets.

Pets are incredibly lucrative with basic knowledge of battle pets. There is some initial unprofitable work but after that it's just time that you give.

You will need a few different pets of each family, at least 3 of each, leveled to 25. Once you get your first couple of 25s, you can power level everything else you need. To pick what pets you need, I would suggest looking up a guide to the Tanaan Jungle legendary pet battles and level the pets they recommend you use for those battles, as that will be your main focus for potential gold. Once you have your pets, there are two addons called PetJournalEnhanced and Rematch. The first gives you a heap of extra filters and search options in your pet journal. The second allows you to save and manage teams so when you next do a battle, a simple mouseover or click will load the team you need. Initially, you will need to put the teams together for each battle, but once saved, a round trip of all 15 pets in Tanaan Jungle should take 45-60 min.

Now you are ready to make some gold.

You can do the Tanaan battles once per day on any toon you can take to that area. The reward for each battle is a bag of pet supplies. There are at least 4 pets you can get from those bags. The two you are after are the Seaborne Spore, and the Nightmare Bell, which currently on my realm, are worth about 55k and 25k respectively. As with transmog items though, some of the more expensive pets can take a week or two to shift. With the pets you also get pet charms in the bags. These are account tradeable and they add up quick. You can then buy more pets and some toys from the vendors to sell on the AH. Some people want the pets and toys, but dont want to grind charms or want to combine spending charms and gold.

If you get bored of those, you can shake it up a bit and do the Pandaria pet battle dailies, but they are all ! quests and can only be done once per account per day. The elementals still make money.

Now that you're an established pet battler, sort of, you can look at the other options. The new pet battle dungeons are an opportunity to again obtain and buy more rare pets that sell for 50-200k. But you do need a lot of level 25s. Or again, look up the guides for Wailing Cavers and Deadmines pet battle dungeons and level the pets they recommend.

If you are flat against battling, you can still make money off battle pets. Pets from older raids like Siege of Orgrimar still sell very well. There is still some work involved to get your toons up to being capable of soloing SoO, but you can do it on multiple toons and pets like Kovok for example, sill fetch 30-50k.

Happy farming!

(I'm not too efficient at making forum posts full of links, so if anyone wants to use what I've written and add all the proper links, they are free to do so, just gimme a mention!)Comment by CarcozaThank you, Gum for another very useful guide <3Comment by SaadorI appreciate the guide, but it doesn't work on my realm.
Prices on Silvermoon-EU are:
9x Stonehide Leather = 39 gold.
3x Arkhana = 37 gold.
1x Leylight Shard = 38 gold.Comment by ArgantheGod, I miss the LACs these days. Almost no US streamer have be doing any :/

Nice tips, Gumdrops! Especially the one about shuffle :)Comment by ossiferdownThere are a lot of ways to make a huge profit in the AH. Farming raw mats, farming raw gold from raids, flipping, crafting main prof, sniping mistakes, farming newest raids for BoE upgrades, farming cosmetics, etc. Even if we spread the information of what we are actually doing, chances of the newbies to affect us are limited. Especially people like me that make a profit from sniping mistakes and good deals (I mean, what were you expecting putting a full stack of chaos crystal for 198g?)Comment by LoKHorAnother great article. Interesting to see transmog noted there. Shuffling popular transmogs isn't such a bad idea. :)

For shuffling, it pays to have a basic spreadsheet of reagents and craftable items set up. If you update the cost of reagents by looking them up on Theunderminejournal, you can easily check to see how profitable it would be to break things down. The only bottleneck in some cases would be BoP reagents, which have a fairly limited supply, depending on how often you are able to farm them.

Currently, obliterating certain crafted items turns a fair profit - this is likely to increase again when 7.3 goes live. :)

The old ore shuffle used to be a fairly profitable way of clocking up a nice little stash (buy and prospect ore, craft jewellery, disenchant, sell enchants). The thing is, breaking things down and turning them into something else can be time consuming, so it might pay to add times to your spreadsheet as well, if you care about working out gold per hour.Comment by GumdropsThe owl picture, lol
Great guide, I'll make sure to bookmark it!Comment by GumdropsThank you, Gum for another very useful guide <3God, I miss the LACs these days. Almost no US streamer have be doing any :/

Nice tips, Gumdrops! Especially the one about shuffle :)Comment by GumdropsI consider myself pretty savvy at making gold. I've always been a gatherer and never minded it at all. But I have to get the farming bug, as it were, and that means I usually go out for anywhere between 2 and 16 hours and just gather. With some movies, music, or TV in the background it helps pass the time.

Reading through these it feels good that most of these things I've already picked up on and doing myself are getting recognition on this level. I can add in a few more tips for you guys.