It would be nice to give those starting out a few gold making tips as they need it the most.
eg. Buying out limited supply items from NPC’s and posting on the AH for profit.
2 simple ones in Stormwind are Black Shirts and Aquadynamic fish attractors - both available close to the Trade District and make good markups for lowbies in the AH

Keep up the good work!

Don’t be such a jerk.

@Donald Smith - you’re the kind of idiot who spoils the auction house for true investors. I’m not surprised you are reading this blog because you obviously need help making money.

The fishing books (as well as first aid books and many other things) DO sell for 5gold to lazy people so why not sell them for that. Put one up for 4g99s if someone has one and wants to undercut you they still will, but if they don’t you make 4gold instead of 1gold. if they undercut you then you lose the same.

There is a little known limited supply alchemy recipe that sells in a major city for a matter of silvers and yet I regularly sell it for 20 gold to people who are too lazy to go look for it.

Unfortunately there are ill-educated people like you who put it on the Auction House for 2-3 gold when I have it on for 20 gold! WTF? I buy it ff AH for up to 5g because I know it will sell for 20g.

Donald, you have entirely missed the point of business.

@Nuff - I don’t believe you. Seriously, how many times have you been made bankrupt? IRL if you walk down the high street to buy a DVD and see one for £10 in shop number one and then £9.99 in shop number 2 are you telling me you would go back to shop number 1 to buy the more expensive one? Do you think to yourself that guy in shop number 2 is an ass for undercutting by 1p? No it is business plain and simple. Even communist Russia has learnt this, where do you live? Undercut by 15s and you have just lost 14s99c - DOLT!

@Oleg, that used to be the way to ensure your auctions were always at the top of the listing but they changed the way the AH sorts now, I think they did that in 2.0

In the early days, when I had only a small bankroll, I found the following items a reliable source of income:

- Wolf Bracers, limited spawn vendor greens. Bought for 35s 15c they sell for 2-3g on AH. Lazy people are good business!

- Enchanting mats. Make your own - low level green drops, quest rewards and your old soulbound items often DE into mats worth far more than the vendor or AH value of the item. Enchanting is the 4th gathering skill, and far more lucrative at low levels than the others!

Most of my money was made buying underpriced items on AH and reselling them for profit. Enchanting mats are the best with small bankrolls due to the lack of listing fees. In those days I only bought items that I could mark up 200-300%, as I needed to use my limited bankroll as effectively as possible. These days I am comfortable with a 50% markup on higher value items.

Flat out when I look at auctions and see two items listed and one person obviously undercut by 1c that person is being an ass. I buy the more expensive one and I know many others who do as well. Undercut by even just 15s and you don’t look like an ass and yours will sell better.

For example, in my realm I noticed Expert Fishing books were listed at 5g for a week straight. There was a single player who always had 4-5 books listed at 5g.

This is an significant premium as any player can easily get the book in booty bay for 1g, which is <5 mins from SW AH.

So I jumped into the book selling game. I did not list at 4g99s99c as you would suggest - I listed at 1g99s.

My logic was that most people looking at expert fishing are probably level 25-40 and a 4g premium is just way too much for a short trip to booty bay. Moreover, and this is key, I didn’t want someone else to jump into the same game - an ~80s profit is easily worth my time as a relative noob to the game, but definitely not worth the time of most players.

I’ve done some price sensitivity and definitely find 1g99s is the volume price.

Therefore, pricing at 1c less than the next highest price is not at all always the best choice.

- Don

If you only have one account, find a guildmate or friend you trust and have them buy it for you.