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Saturday, September 24, 2011

No Longer Gold Capped! :O



Look at it there, bein all smug and gold-sink-ish. 210k currently invested in it. But that's not where our story starts!  No, our story starts a few weeks ago.

During my "meh, I may quit WoW" period I decided that I wanted to spend a lot of my gold.  I donated about 160k to my guild bank for repairs and such for the raiders, and set out looking for a Swift Spectral Tiger.  Because I wasn't willing to work cross-server my options were very limited.  Eventually I got in touch with a player on my server.

He was going to buy the loot card for himself in early October. However, he only wanted the non-epic version as he already had the epic. He wanted to know if I would commit to buying his epic version so he had a buyer lined up.  We came to a deal of 400k for the epic version when he bought the loot card.

Now, I have instant buyer's remorse in this game.  I don't like making big purchases, especially if they put me below a previously achieved milestone in gold making.  Though I would never back out of a deal I made I was definitely feeling some remorse over the deal as my interest in WoW rekindled and the idea of spending about 1/3 of my gold hit me.  Do I need this much gold on hand?  No, but I like to have it.

Two days ago something odd happened. TCG mounts on my server are pretty rare, so I was really shocked to see two Amani Dragonhawks and two Blazing Hippogryphs appear on the AH simultaneously.  I hate both these mounts, so I skipped over them, but I saw that both hippogryphs were bought, one dragonhawk was bought and the other was bought and reposted for twice the amount.

Then tonight I check the AH for mounts once more and find two Reins of the Spectral Tiger and two Mottled Drakes on the AH. It's raining TCG mounts up in this hizzle.  One tiger and one drake were bought nearly instantly.  The other two sat there while I stared at them, trying to make up my mind.

I contacted the guy I had a deal with for the tiger, a deal which was set to go down in about two weeks.  I told him that the non-epic version he wanted was on the AH and if he wanted to buy it to save some IRL cash I wouldn't mind if he backed out of the deal. (A way to relieve my buyer's remorse while not letting the seller down? Yes please!)

He didn't have enough gold at the time, though, having just bought a Reins of the Crimson Deathcharger to flip and a few other things  And so a new deal was struck. I bought the non-epic version off the AH and put it onto my bank.  I will hold onto it until Halloween.  He has that time to make 230k (20k more than I spent, a "low" return but he's always been a really genuinely nice guy so I'm fine with it) and buy it from me.  After that I will either try to sell it or will learn it myself.

So this will more than likely be a long, drawn out, 20k profit.  However, since this also removes my need to invest 400k I'm no longer really interested in investing I consider it a win.

Now here's the other situation: I wanted to make some more gold. 20k is great, but I want some gold now!  The Mottled Drake was on the AH for 69k.  I figured that I would finally bite the bullet and take a risk.  I bought the Mottled (I wasn't tempted to learn it, as I bought this mount for myself quite some time ago) and decided 100k would be a good asking price, but I'd go to 90k for a fast sell. Sure enough in less than two minutes I'd sold it for 90k.   Quick 21k profit? Yes please!

So that's my first adventure with mount flipping; so far it's gone pretty well.  It's not something I intend to do often, as the investment is mroe than I like to put into a speculative venture, but I'm feeling good about this so far.  21k in 2 minutes from one, and likely a 20k profit/helping out a friend from the other.

Friday, September 23, 2011

In Defense of Farming

Recently (I can never tell since there aren't any date stamps and I rarely visit anymore) a writer named Alisha wrote an article for Just My Two Copper about her favorite spot to farm Frostweave Cloth. Now, it's not my preferred spot (here) but the article was well-written and to the point, and it was also grounded in solid reasoning, which I appreciate.

I decided to read the comments, as it received more than the average posts seem to get there.  You can take a look at them yourself, but the two that stood out where these:

"Farm? For real? heh... kids"
"Farming is so inefficient / tedious...but I guess there's nothing else to post about these days."

I think it's this kind of closed-mindedness that irks me the most about some in the community. The "One Right Way" crowd who have made up their mind that "farming = bad" and that's the way it is. Clearly, anyone who doesn't know that "farming = bad" doesn't know how to make gold and is inferior to this person.

Now, some people will look at the markets on their servers and say "Hey, it's more efficient to buy this than to farm it given my position!" and to those I say kudos for thinking for yourself.  People like TaĆ«l gave a great explanation of why one may choose not to farm.

What I find ludicrous is the people who seem to think that farming is always and forever a bad idea, such as the anonymous posters previously quoted.  For those who haven't already watched my Tailoring gold rush, take a look at it really quick.  In the course of about 15 minutes I farm up about a thousand gold worth of items, or made twenty three times the amount of gold invested in 15 minutes. That is a tremendous return on investment with very little time investment.  Do you really purport that farming = bad given such amazing results?

Well, allow me to give an outside source.  I recently discovered that someone else on my server makes a lot of videos, some of which are WoW Gold Making videos. Though I think most of his fanbase is due to his SC2 videos, I was surprised to see he was such a popular video maker with gold videos and yet I very very rarely ever see him on the AH.  I watched some of his videos and found that he makes massive amounts of gold just farming, usually in instances.  Check out his farming videos here.

To the people who say "Farm? For real? heh... kids" I say this: Get your head out of your ass.  A real gold maker should recognize that there is room for all sorts of gold making strategies, and that many of these strategies can be highly profitable.  There is no "one, right, perfect way to make gold" and to close your mind to other tactics is foolish.


Would I consider it viable for me to farm Obsidium Ore? No, I don't want to invest that time for that return.  However, have I spent time farming cloth and greens? Yes, because the return has met the "worth it" threshold for my situation.

Everyone will set their "worth it" threshold differently and if someone deems something worthwhile for them but not for you it doesn't make them a "kid," or any worse at gold making. It makes them open minded towards other strategies, which is more than ignorant kids who believe that a single strategy is correct can say.

Tuesday, September 20, 2011

Glyphification Clarification!

This is going to be a pretty long post.  If you're not interested in my 30g Glyph Ceiling reasoning and results it may not be up your alley, but read on if that interests you!

I wanted to first say that I've greatly enjoyed the discussion that has stemmed from the 30g Glyph post.  While some agree with me and many do not I've loved every moment of the conversations I've had with all of you. I don't blog because I want people to praise me, though that's nice too!  I blog because I like to get my thoughts out there and I love getting feedback.  I love that the readers of this blog, be they regular readers or people who were directed here just to discuss the price ceiling, are passionate about what they do to the point they will engage in open and incredibly thought-provoking discussion about the subject, so thank you for being an awesome readership.

That said, I think my post was a bit misleading and I want to clarify my exact stance and motives, as well as where the miscommunication likely stemmed from.

I started my glyph posting and, in effort to "raise awareness" that it's a good time to buy glyphs, I posted both in Trade and on my realm forums.  Though my motives were grounded entirely in having fun and experimenting I was accused of having ulterior motives, people brought up the fact I was ruining the market for other scribes.

I wanted to address my actual motives (Previous posts focused on the plan, not the reasoning behind it) and so I posted "The 30g Ceiling" post.  I set out, when writing it, to explain that it was an experiment.  However, because I was prompted to write this post because people were imposing moral issues upon my plan, I believe I put too much of a moral stance into my post.

While, to me, this is all about having fun and messing around, I wanted to make it clear to others that, if it were to be a moral issue, I would still have ground to stand on.  As such I know that my post contained a lot that could be considered a moral defense, particularly discussing the outrage over previous glyph prices.  That was my mistake.  I set out to explain the "cold hard facts" about what I was doing and why, and instead tried to preemptively defend against arguments I knew were coming. By doing so I brought those very arguments into light and made them valid points, since my talking so much about moral issues implied I had a moral stance, which I do not.

This was poor communication and writing on my part, and I wanted to apologize for that and clear this all up.


Though the plan can be attacked and defended from many different standpoints, this is how the glyph ceiling came into being:

  1. I came back to WoW after a break which was due to boredom.
  2. I saw a few people had moved into the glyph market and wanted to make it known that I was back and ready to party.  It sounds juvenile (hell, it is juvenile) but I've viewed myself as a pretty big player in the glyph market and I wanted to intimidate people with my return. Not necessarily drive them out, but to say "You've been selling for weeks without competition. Be aware this will not continue."
  3. For a day or two I kept with my usual 1c undercuts however I'd run into a player who had a very similar posting strategy to me.  I was online posting glyphs from morning till night constantly posting and reposting and reposting just to compete with them.  I was a bit annoyed, to say the least.  I had a flashback to someone who actually drove me out of the glyph market, Jaav, the only person (before Veisse) I'd seen who was online as much as I was with as much dedication to reposting and being the lowest price.  Worried about having another Jaav on my hands I thought about ways I could combat Veisse's constant posting and seemingly endless AH presence.
  4. I thought maybe a change was in order if I wanted to shake things up with this player and not be stuck in a constant 1c undercut war.  I thought about what tactics were employed by players that were able to really cause me problems.  The one that always discouraged me the most was posting at a very low ceiling, usually around 35g.  I began to seriously consider doing this myself.
  5. I decided to give it a shot.  I crafted a small sample of glyphs and altered TSM to post them at a 30g ceiling.  They started flying off the shelves and Veisse quit undercutting.  I sat down and thought about the idea: I never ever ever pay more than 18g to craft a glyph; often crafting for much less than that.  Even with taking what I viewed as a substantially lower profit margin per glyph, I was still almost doubling my investment on every  single sale. This is something I could keep up.
  6. Then came the actual plan. Up until now I was blinded by a desire to be the big kid on the glyph selling playground. However, after doing this and trying out a bit of "30g or less for any glyph! Support low-cost glyphs!" advertising I started seeing interesting responses.  I've had several players whisper me thanking me for selling affordable glyphs.  I've also had an outcry in Trade about my evil, scheming ways and how surely my plan was to raise prices soon.
  7. By making this single shift in my glyph-selling plans I had changed the entire landscape of the AH. Glyphs are very cheap. I've actually had friends whisper me asking if I'm at fault for the herb prices since, as I buy out all the well-priced herbs at least once, often many times, per day I have changed the average price charged for herbs. New players seem able to buy glyphs.  The biggest change, however, has been in the other glyph sellers.  While a few players seem to have stepped back many glyph sellers have stepped up to the plate.  Most of my glyphs right now have been undercut by multiple people. Right now it's not unheard of to find most glyphs for around 15g when, a few weeks ago, you'd find many for 60+.  Me, a single player, did all of this.
  8. Suddenly I didn't care about the other sellers, beyond studying their actions from a "Oh that's interesting" sort of standpoint.  Though the plan was certainly created out of a . . . I wouldn't say spiteful mindset, but something similar.  Selfish?  Not sure.  The plan was created with an eye on benefitting me and hurting competitors.  However, having seen the results of the plan I've realized how much fun a single change in the way you approach a market can make, how much I can feel invigorated over what I previously hated most, all by shaking things up a bit.
  9. My mindset going out is that I invite anyone to undercut me and I never cancel auctions; once they're posted they're there till they expire. I am no longer competing with anyone.  This is an experiment in pricing and its impact on the server and that is the heart of my current endeavor.
So that's the evolution of the idea to this point.   I'm not backing my decisions on economic theory and honestly I don't really know where I'll end up in the end.  I'm just enjoying myself as it is and I'll continue until I'm no longer enjoying myself.

As for the results, here's what I've learned so far:

  • You can profit, but it requires moderate effort.  I spent a lot of time making the original stockpile and spend about 15 minutes a day, sometimes more, restocking what I sell to avoid going into my stock for as long as possible.  It is not as labor intense as I had anticipated, but it is not hands off either.
  • "Larger" mailbox reveals still happen.  I"ve always liked the term "mailbox reveal" for that time when you check your mail for the first time since yesterday or whenever and you just have gold pouring in.  Most mornings I wake up to 3k gold, once this weekend I had 7500g-aroundabout in my mailbox one morning.  (This character sells only glyphs and Inferno Ink.)  I had anticpated seeing mailbox reveals around 500g, so I'm happy to see larger!
  • People are cynical. I don't blame them!  To raise awareness (lol that sounds ridiculous) about the 30g glyph prices I will bark in trade about them once or twice a day.  People are more likely to question my motives, warn people not to buy from me because I'm bound to spike prices up soon, etc. etc.  I don't blame them, but it was funny. I found it interesting how many players I'd never heard of from a gold-making standpoint were suddenly discussing WoW market tactics in depth!
  • I've also learned how to combat the strategy I'm using if someone's doing it on your server and you don't like it.  Well, I'm not sure if it would work on everyone, but I guess my point is that I've identified my Achilles' Heel.  I'll share it when I get bored of keeping this up. ;P

So that's my report thus far.  I'll keep you posted on any changes to the plan, or new things I learn.  As always, I welcome any civil discussion and invite anyone to participate in said discussions and share their opinions. 

Pyrite Stockpilers Still Sitting Pretty

I've been reading a bit around the gold blogging community about the new epic gem news.  I'm skeptical that the sources that have been announced thus far will remain the only sources; after two expansions when epic gems were available to anyone why would they suddenly make them so much more difficult to obtain?  I can see if they wanted to keep the content from being instantly nerfed by a bunch of epic gems, but they didn't list that as a reason, they say they want everyone to feel like they got an individual reward.  I anticipate that if this does go live as the only source of epic gems the torrential rain of QQ will be of epic proportions due to what they have tailored the playerbase to expect.  More on that some other time though.


OH NO, ALL MY STOCKPILING DOWN THE DRAIN.


I want to talk about Pyrite.  Now, I didn't stockpile Pyrite. No, I'm not here to say "Haha, don't you wish you were in the same boat?"  God, I wish I had a stockpile of cheap pyrite from pre-bot-banning.  Some bloggers are now saying that it was stupid to stockpile pyrite based on speculation, but this is completely wrong, and I'll be glad to tell you why.

I am a stockpiler of Widgets.  Widgets currently have no use in game other than to take up bank space.  However, word on the street is Widgets will likely be a source of Doodads in the future! So I buy up all the Widgets I can, hoping to make a fortune off of Doodads.  This would be a risk, and reflection would show it being a poor decision if the Widgets did not end up producing Doodads because I have no fallback use for my now-useless Widgets.

Now let's say I am a stockpiler of Pyrite Ore.   Unlike widgets, Pyrite Ore has many uses, and very profitable ones at that.  You can sell it raw, as bars, as weapon chains, as belt buckles, or transmute it into Truegold. You can use it as a good source of Volatile Earth for your belt buckles or prospect it for rare gems. You can trade it for blacksmithing patterns, you can even make pretty pictures in your guild bank with its rainbow colors!

Pyrite would have been a risky investment if it would only have one speculative use. However, the reason I've always considered it a safe investment was that it has so many fallback use possibilities, including the high-demand item of belt buckles and blue quality gems. (Remember, if epic gems are going to be particularly rare, as stated, people will still need a lot of Inferno Rubies!)

Anyone who sells their Pyrite Ore stock at this point is foolish, please don't think your incredibly valuable ore is now worthless because one of its many uses seems unlikely now. (That said, if you see people foolish enough to dump their stock consider picking it up. Players always need more belt buckles!)

Sunday, September 18, 2011

WoW Gold Rush - Tailoring

Getting back to videos now that I'm back to WoW and gold-making!  By request I've done tailoring for this video.   I hope you enjoy it!

If you enjoy the videos please take a moment to subscribe to my Youtube channel, I don't always post every video as a blog post as well so if you want to get the videos as they're released I recommend subscribing!



In other news I was able to snag a Reins of Poseidus for 60k out of Trade today.  I played around with the idea of flipping it; the going rate on my server is usually around 90k but I decided to learn it; 60k should be pretty easy to make back.  I'll probably not really use it, but hey, that's the story of most of the mounts I have. It's all about the +1!


Thursday, September 15, 2011

The 30g Ceiling

I've had a substantial shift in thought about the glyph market over the past week or so. As some will remember from my previous post I've been spending a little over a week dedicating my glyph efforts to creating a low price ceiling, assuring that no glyph on Argent Dawn-US Alliance couldn't be found for 30g or less.

What originally started me on the idea was that I wanted to make it known to the other glyph sellers I was back from my break and could still be a major player in the glyph market if I wanted to be.  I didn't intend to keep the blockade up for more than a month or so, nor did I have a scheme in place to raise prices. When I eventually grew bored of selling glyphs I'd either sell out of all my glyphs at 30g slowly, or I would raises prices back up to their AD-Alliance norm of 70-125g per glyph.  I didn't go in with a grand plan because, quite frankly, I'm terrible at such things.

However, the more I've done this the more I enjoy it.  I make less profit per glyph but still come out on top every day. I spent a few days making a glyph stockpile for this and now it takes very little effort to keep myself on top of my sales.

It got me thinking about my reaction to Horde glyph prices a few months ago.  They were ridiculous. I actually was kind of offended that people were charging so much.


I've been thinking about something: 

Why do people charge so much (50-300g) per glyph?
Because they can.

I'm not saying they shouldn't; I feel that, bottom line, a fair price to pay for any item is whatever both parties, fully knowledgeable in the agreement, are willing to agree upon. 

However, there's no reason they need to charge so much.  The materials for most glyphs on Argent Dawn Alliance clock in at less than 25g.  Many minor glyphs actually cost less than 5g to make, and yet people are charging 20x that amount for the finished product, not because they need to make up crafting costs but because they can.

Likewise, it's not to make up for leveling the profession. Inscription is, hands down, the "cheapest" profession to level in the sense that you actually will profit 100% of the time if you're not being incredibly stupid.  It's the only crafting profession in which any item you make at level 10 can be as valuable, if not moreso, than an item you make at 450. 

So why can they do this?
The reason scribes are able to charge such a high percentage on their crafted items is because of the perceived difficulty of competing in the market.  The amount of bagspace a full round of glyphs takes is outrageous, the crafting time can seem terrible if you don't stockpile ahead of time.  The research to learn all the glyphs takes a very long time (Anyone know the exact amount of days researching every glyph would take without the use of books?)  when you compare it to powerleveling Leatherworking in one sitting.

When I was selling glyphs I would often have people say "Don't buy from Faid, just bring me herbs and I'll make you whatever glyph you want."  Fair enough, but because of the many tiers of herbs, the fact there's no guarantee that you'll get x amount of ink from y herb every time, etc. makes these sorts of transactions difficult and unappealing to a consumer.  There are those out there who aren't trying to make mad profits with Inscription, but because of their lack of desire to compete in the market, they don't really succeed in impacting the prices at all.

Zee Plan
My goal is to change that.  I have the infrastructure in place already and the knowledge to compete in the market.  I don't seek to make a profit and I don't really have any plan to ever raise prices. I did the whole "let's see how much gold I can make" thing.  I got bored with it, that's why I haven't even been playing WoW for a while.  I want to try something new.

I want to prove that scribes can make a profit without overcharging customers on the AH.  I want Argent Dawn-Alliance to question why they're spending 150g on a glyph that cost that other guy 5g to make.  Really I just want to have some fun, and provide cheaper glyphs.

Some days I may not sell a single glyph. I think this will  become more common as scribes adjust to the new glyph landscape and offer cheaper prices.  But that's still okay with me, because I'm not in this to sell and get rich. I've been there, done that. I'm here to create a change on Argent Dawn, and I look forward to seeing the  outcome.

Wednesday, September 7, 2011

Let the Games Begin!

I was never really one to try to control markets, play games with pricing, or worry much about what other people were doing in my markets. I put my head down and pushed forward to my goal little by little. Now that I've met it I am suddenly feeling free to use my gold in whatever way I wish.

After a day or so of being a minor nuisance for my competition something became clear to me.  I've engaged in very very shortlived annoyance missions with competition before but, as I am so fickle, they are pretty much worthless since they learn how quickly I fold.  I am not a market manipulator, I am not a "strong competitor."

So it was time to put up or shut up and I decided for once I would get more satisfaction from being able to control a market and keep it down, helping others, than being able to reap profits I don't really need.  Since yesterday afternoon I've crafted 10 of every glyph (with plenty of materials for more) and have set my TSM to keep prices at 30g per glyph or less.  While I think that 70-125g is an ideal glyph price I've decided that, as I can make a good profit at 30g/glyph this is a good rate.

The surprising bit is my profit is still higher than it ever was before.  I usually had 7-10k gross days with about a 35k net per week.  My first day back, before the glyph shenanigans, I had a 27k day (wtf? I'll take it!) and since switching over to my 30g glyph set I've already grossed 12k.

I'm not sure if people are more willing to buy glyphs when they're 30g instead of 70+, and thus I'm getting more sales, or if the demand has increased in my absence, but I'm loving this.  I'm to the point that I honestly don't intend to go back to "expensive" glyphs. I've written int he past about how apalled I was about the high price of glyphs hordeside and how I wanted to bring those prices down to Alliance-ish 125g/glyph prices.  That didn't work out so well since I didn't want to dedicate time to Horde as it wasn't my main faction.

I feel like this is a better way to help other players indirectly.  I am making enough profit to stay afloat and honestly enough to make it worth my time without having to gut the other players on my server and I like that. I have plenty of gold, I don't need to gouge the shit out of strangers.  I think that I would really like to see if I can keep the prices for glyphs on Argent Dawn US-Alliance sub 30g indefinitely.

Monday, September 5, 2011

Observing the Competition


Almost immediately after hitting the million I stopped producing new stock with the intent to take a breather.  So, blog dates tell me I've been out of the competitive glyph business for about two months!

I have no actual stats on the average price of glyphs on my server but I can tell you they've raised in my absence. Last night I spent a few hours refreshing my stock and what would have been worth about 15000g in the past I posted up for around 31000g, so clearly the glyph prices have raised dramatically in the absence of competition.

Most of the names are the same. Some were thorns in my side, some were toiling away for my amusement as far as I could tell.  There's one new name, though, that intrigues me.  I've been poking them with sticks, aka observing their posting habits and such, to see just what kind of auctioneer they are. 

They play a level 85 priest named Veisse.  There's a chance I know an alt/main of theirs, but this character is new to me. However, given  their activity, I believe they are new to glyphs, if not new to the AH game.  Here are my observations:


  • They do their banking and auctioning in Darnassus.  This strikes me as a "noob" move; the deserted town may allow some privacy but the long trek from the bank to the AH, even on a mount, is a waste.  For privacy you're much better off in Shattrath.
  • They don't have all the glyphs yet.  They only sell a fraction of glyphs and not necessarily the most profitable ones, showing they don't have all the glyphs or have a poor way of deciding what glyphs to craft/sell.  This implies they're new and just starting out with glyphs.
  • They don't have a dedicated account for their posting toon or have several toons on one account handling different markets. They are constantly logging in if I undercut them, then logging back out.  They have something they need to do on a different toon they play on that account, be it a main they're actually playing on or a different posting character.  This makes their posting activity incredibly transparent and, while unavoidable for most, is an unfortunate mistake.
  • They do seem to be using an addon such as TSM; as they do seem to undercut quickly and efficiently. This combined with a glyph-posting toon outfitted with Inscription bags are the only thing that makes me think this person may be serious about making gold with glyphs. 

Perhaps they will learn, perhaps they will be driven out.  Either way's fine with me.  I enjoy observing my competition and trying to figure out what kind of player they are by their actions but at the end of the day it doesn't change my attitude too much, I'm too fickle to care too much about what others are doing.  I just love observing new players enter the glyph market, I always kind of wonder if they know what they've gotten themselves into.


Secondary Note: So I haven't done a Gold Rush in a while!  What profession would y'all like to see next?

Sunday, September 4, 2011

The Return of Liquidate

I've taken a week or so break from raiding, about three week break from the AH. It felt pretty good and I actually was intending to quit WoW officially.  Today, though, I logged in for raid after my official raid-vacation ended and . . . I enjoyed myself a lot.  I liked raiding even though we were working a boring fight (going back to finish up some T11 Heroics we didn't finish.)

From the day I started playing on Argent Dawn there was a player on the server that personified the WoW goblin in my eyes.  He was the guy selling Small Eggs during Winterveil for 100g per egg.  Unrelated to my arrival, he seemed to disappear right around the time I started my gold-making.  I was actually kind of sad to never be able to work the AH at the same time as he did.

I logged on today after my raid break to see that, after over a year of not seeing him, he was back and back to the gold-making game.  I'm not sure where he went and I've not yet identified what markets he's currently working but I think it's got me interested in gold-making again.

I'm back, and ready for more. =D

Friday, September 2, 2011

A real gold-making challenge.

Don't worry, this isn't going to be a Rift gold making blog or anything!  I just wanted to make one post which I think will be interesting for those who truly wish to truly test their gold-making mastery.

Often gold makers, particularly gold bloggers, seem to want to test themselves, often by starting fresh on a new server or by limiting themselves to one strategy, such as "How much gold can I make only using tailoring for a month?"

I've enjoyed challenging myself in those sorts of ways and I know several others have as well.  But how challenging is it, really, when you are packed full of knowledge about the game and gold-making?   Your average new player will loot an item and not really know WTF to do with it? Are these stats useful for twinks? Will this DE into something valuable? Can you even DE this thing?

While we may handicap our resources by starting anew in WoW we are always carrying with us the most powerful tool we have: Knowledge of the game.  For those who are new who may not have this there are so many amazing resources like wowhead, gold blogs, etc.



Readers of Faid Plays and my followers on Twitter may already know I've been looking into Rift.  I'm going to post a full, non-economy oriented post about my thoughts on Rift to date at Faid Plays.  But chances are if you come here you have an interest in gold-making, particularly for WoW.

I've been playing Rift for about four days now.  There are a lot of similarities, which is to be expected, and so the concepts of gold-making are similar while the territory is very unfamiliar.  Each character can have three professions instead of two but the professions are pretty basic. Here's a little chart of profession synergy from the Rift wiki:


Generally speaking, though there are some differences:
  • Foraging = Herbalism + Wood Gathering/Processing
  • Butchery = Skinning + Gathering of other "animal parts" like teeth and bones
  • Mining = Mining
  • Apothecary = Alchemy
  • Outfitter = Tailor + Leather Armor
  • Armorsmithing = Blacksmithing + Chain Mail
  • Weaponsmithing = Melee + Ranged Weapons
  • Artificing = Jewelcrafting + Caster weapons
  • Runecrafting = Enchanting

This is basically all the knowledge I have about professions so far.  I went with the tried and true starting professions of Butchery/Foraging/Mining to sell raw goods.  I've enjoyed the starting area enough to roll some alts and have added a Runecrafter (DE and sell raw DE mats) and an outfitter to eventually make and sell bags.

I am wholly uneducated about the Rift world and making gold(platinum) but am slowly learning.  This is truly the first challenge I've had to my gold-making skills in a very long time.  If there are addons to help with posting and cancelling auctions I've not found them; it's laborious and reminds me a lot of my time before QuickAuctions 3. There's a Rift Wiki but no Rifthead (that I've found anyways) and more often than not I look at an item and don't know half of what it could be used for.

This is a true challenge of my gold-making abilities and one I would love to see others engage in, if they have the time and ability to.  Unfortunately I know Rift doesn't interest many, and for many two game subscriptions is out of the question, but damn, this is a fun experience to be a complete noob again!