Thursday, August 5, 2010

WoW Gold Tip #37: Grinding Mobs and AH Pricing

In the World of Warcraft one of the time tested methods or earning gold is by grinding Elementals. They are all over the game world and come in a variety of types: fire, earth, air, etc. They all drop some form of elemental part appropriate to their types, such as air elementals dropping "Breath of Air" or "Crystallized Air."

Having so many recipes demanding the various elemental bits insures that there is always a market for those parts. You can also combine motes, and crystallized elements, ten at a time, into the primal/eternal version of that element. High level recipes use a lot of these primals/eternals to keep an eye on that market. Check the Action House to see what's keeping the high prices, then go farm that item.

The same will likely be true with the new Cataclysm areas. Gather the bits from the assorted elementals and then sell them "as is" or combine them and then sell. (Keep in mind that if you're in a PvP area, such as Wintergrasp, your farming might be more entertaining than otherwise.)

Find them in Thottbot

How do you find the Elementals that you're looking for? Well, if you're pretty high level you probably can already think of a few places, otherwise go tto Thottbot.com, seach for Elementals, then click "creatures." You will be able to sort the list by level, maps, and so on.

As with any gathering run, take large bags, stock up on sodas, rations, and tunes, and go farm some elementals.Take a buddy and make it a contest to see who gets the most, the fastest. Or kill everything, sit down and swap lies while waiting for the respawn, and then see if you can kill everything faster than before. Next, come up with a plan to sell your loot.

Some tips on posting stuff to the Auction House

Ok, you have your elemental bits, or whatever you've gathered, here's how to get rid of your stuff.

The Two Types of Items

Basically there are two types of items on the Auction House (AH.) The first group consists of items that people will only buy one of; such as glyphs, weapons, armor, enchants, etc. Unless someone is buying for resale, or supplying his buddies, no one will buy several glyphs of any one type. The next group is stuff the people will buy a lot of and may well buy repeatedly. A Scribe will buy tons of herbs for her glyph making, a leatherworker will buy tons of skins, and so on. And they all want your bits at some point in their work.
The same is true of the elemental bits. While people usually won't buy tons of primals/eternals at the same time, chances are they will be repeat buyers.

Understanding these two groups of items (and people) is important since it determines how you pick your prices. If you're selling one-off items, such as glyphs, those green/blue weapons you found, etc., you want to have the lowest price. You don't have to undercut by a lot, but the lowest price says that your stuff will go first.

With the other group you don't have to be the lowest price. You do not need to undercut everyone else. If my scribe is buying a ton of herbs for Inscription then she'll buy the lowest price stuff, then the next higher, then the next... and so on until she has enough. The same is true with skins, ores, and your elemental bits.
Ok, you understand that. Now you're off to the AH with your load of motes/crystallized whatever.

Always Check the Going Price

Check the prices on motes/crystals and do the same with primals/eternals. Post yours in the form that will get you the best prices. For example - motes of life are selling for 1g each, but primal life is selling for 15g each (and rapidly climbs to 23.) Makes your motes into primals (10 motes to a primal) and post the primals somewhat above the lowest price. Let's not get silly with this, though. If the low price is 400g per bit, then I'd suggest undercutting. By a lot. :)

Buy Out the Cheap Stuff

By the way, if some other seller (call him "Igntaz, the farmer") has posted a pile of bits at well under everone elses prices, feel free to buy all of his underpriced stuff and resell it at a better price. If he's selling Eternal bits for 3 gold, and you know they'll fly off the shelves at 15, then buy all the low priced bits. Do not post them all at once. Post them over time, some will sell and then you post a few more.

In summary, all the elemental bits sell well and you don't need to sell them at the lowest price. If you do sell them way under market that's fine, someone will by them, and chances are it will be me, or someone of a similarly greedy mind. You sell yours for 3g each, while doing all the work, and I'll buy you out and sell yours for 15g each. That's fair, right? ;) 

You could also just hand the lot to your guild crafter, but that's hardly the point of this article. Now get to work!

Need more? GotWarcraft has a lot more useful WoW Gold Tips, so check it out.

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