Wowhead Economy Weekly Wrap-Up 158 | Spend Anima for Eternal Crystals & Learning to be a Gold Maker
WoW Economy Weekly Wrap-Up
Hello! Welcome to the 158th edition of the WoW Economy Weekly Wrap-up!
My name is
and I am a content creator focusing on making gold using Professions and
. I have a number of guides over on
and I also stream my adventures on
A New Year of Gold Making
Welcome to 2021! A new year is upon is and Shadowlands is in full swing. This weeks Economy blogs brings news of potential drops in
price as well as ways to learn to identify new markets.
Now is a good time to start making some goals for gold making. What do you want to do? Do you want enough to pay for your raid costs? Enough to buy a token each month? Want to reach gold cap? Did you miss out on the
and want to get it on the Black Market Auction House? Each of us will be playing and making gold for different reasons. Those goals you make will shape the way you play and ties in with what you find fun.
There was a great thread asking
What do you spend gold on for yourself?
So i was curious what people spent their own money on, i know alot of it goes into making more money but is there something that is really nice to have or just personal interests such as xmogs, pets or toys.
I have considered upgrading all my heirlooms and maybe buying a BOE for my max level although i dont care too much for it, so i was hoping to get some ideas to burn gold that would allow me to get back into the desire to earn it.
Bnet balance first. Then mounts mog and pets. If it’s late in the week I’ll buy carries for Alts because why not lol.
This Christmas though, I spent about 2 mil on gifts to hand out to my guild at raid last night. Was really something meaningful to me. I usually get the “ he’s the guild bank he’s got consumables for us” but this was just something I wanted to do and share with friends
Like m+ players who try to get higher raider.io score for me it’s just about getting more and more gold.
If you don’t have one already, a vendor mount.
I have the mammoth from LK, wishing I had money in BFA for brutosaur... that mobile AH would be useful. But didn’t see a value in having the transmorg one.
There is a pet chicken, Francois, in Torisgarde Sound who will only talk to you if you have 1M on you. He’s free but is only interested if you are loaded.
After that preference for pets and mounts. Gold cap is 10M on a single toon.
Recently hit the 1M cash mark for Francois, and in the same boat of looking for the next goal.
What are you aiming for this year?
Learning to be a Gold Maker
kicks off the discussion by
thanking all those who put out free information
and shares what they have discovered in learning to be a gold maker..
Seriously. I always was a poor player, never had more than 50k on my bag. And than, this expansion I wanted try to get earn money, at least to buy a few mounts and get my consumables with easy. Little I knew that I was entering a black hole of information about how to earn gold on WoW. I became totally addicted to it and won 1,2kk (starting at 30k), that I thought was almost impossible. So I wish to thank to all free information available on the internet. So thank you all from this subreddit with so many helpful comments and with free spreadsheets. I also discovered The undermine journal in this subreddit, a awesome site with all the prices information I was looking for. Thank you all who post TSM guides also. And if you want to win some gold on WoW I will share here some tips with my little experience.
Research. Start to research all about how to earn gold on wow. I started my research 1 month before the expansion begins and, because of this, more than half of my money came from selling inscription trinkets at early expansion. I found this information on many YouTube videos.
Don't be too lazy: You can do it at your own pace, but you will have to learn/plan some things. This money do not came so easy. It took me time both in and out of game. Addons are pretty helpful, but also pretty complicated to setup properly. You don't need them to start, use them as you see the need.
Do not underestimate a Excel spreadsheet made by yourself for your needs. All the spreadsheet that I found was awesome, but also "too much". When I made my own, with the recipes, reagents and prices that I manually input, together with some automation to see the profit, that was when I became more confident in my decisions. And that is very important for the next tip.
If you are confident, try it. Many times I spent like half of all my money on reagents I though worth it, and the majority of time it was. If I was more confident, I probably could earn a lot more money, but this come with experience.
Learn to undercut properly (also don't be to anxious to win money and reduce the price for nothing). Undercutting is essential to sell fast and at the price you want, but don't overcut to much. Nowadays you don't need to undercut at all, just put at the same price again, and again, and again, every time someone post before you. This is a tedious work that you need to do, and for this the addons are awesome. I do this a lot with flasks, they sell so fast that in my limited playing time I could win the money that I just invested and invest it again. I played the AH more hours I would like to admit.
Don't be afraid to use the "/2 Trade chat". For sure more than half of my trinkets were sold announcing it in trade chat and not by the AH. Undercutting favors those who have more money and more products, sometime is just impossible to undercut someone that have 100 trinkets if you have just 5.
Don't be afraid to talk to people. You are on a MMORPG after all. Negotiate prices with buyers and sellers. Also be friendly to those who are undercutting you, start some conversation. I made some friends that were also selling trinket in the AH just whispering them to chat about the AH. Many times they are more experienced than you, and they helped me a lot.
HAVE FUN. I did because I was having fun. For the first time I understood why the AH has its own player niche. If you don't want to do it, or find it too boring, you can try different AH strategies or just earn gold from another way. :)
I am now planning my army of alts to get all professions and earn even more gold. :D
Please, let me know if you disagree with me at any tip and add those you feel that helped you!
This is all very solid advice and ones we have talked about here before, but it deserves reiterating with so many new players and returning players wanting to try their hand at this game within a game.
Eternal Crystals via Anima
continue their downward trend in price as more Epic items filter into the game and get disenchanted. A more recent discovery was that with Covenant Renown at 18 or higher, you can spend Anima to upgrade your armour and Disenchant it for Eternal Crystals.
I've been offloading them
finish your renown quest and convert your anima to epics to D/E
for Necro, it's Slayer Araya. I don't think it's actually the quartermaster. The title is <Covenant Armor>. They were available at 18* Renown after completing this week's quests.
The price of
has been a bottleneck for Enchanting and many enchants have simply been too cost prohibitive to sell at a reasonable profit.
This may get some rebalancing as the availability of anima vs. epic gear and what can be disenchanted from vendor items has been hotfixed in the past, so I'd be wary of relying on this as a method for getting Eternal Crystals. For now, this is currently how it works.
Skinning / Mount Farm
continues sharing their extensive research into various farms around Shadowlands and this week is one in Maldraxxus..
Shower thought... I went through all of the pet drops in SL, and I found nothing that was likely to be super good...
Then I remembered that this mount dropped in Maldraxxus. From beasts.
This is the mount
And it drops from:
We will, however, not only be killing the mobs that drop the mount, but everything else in the area, for MORE GOLD.
for a cleaner look at the route and my freshly shaved face
here's the usual Google Sheet value calculator
Farming spot image format..
Some of the creatures here (flying tiny bois) do NOT obey the usual evade mechanics. I show it in the video.
I was lucky enough to get the mount. Hope you can get it quickly, too <3
Find me on:
Skinning continues to be a great gold maker for farmers simply due to the high demand for
. There are several places to skin that regularly get covered, so it's a question of exploring the land and finding a nice quiet spot to kill beasts and skin them.
It's a tri-tier reasoning imo:
lots of mats are needed for legendary crafts, plus
only skinners get mats for skinning, plus
leatherworking produces gear for far more classes than any other profession, since it covers leather and mail classes.
If you want to add a fourth set of reasoning, one of the legendary mat requirements is the heavy callous hide (or rather, enchanted hide), and not only do you need a lot of these to advance ranks but they are also a rare drop for skinners.
I think it's safe to say mining doesn't have this exact niche issue, and tailoring definitely doesn't, as anyone can pick up lightless silk.
Those points all go together. Only together do they make skinning prevalent this expansion. Leatherworking produces valuable pieces of gear for two armor types + a lot of (rare) mats are needed to do this + only skinners can get those mats = lots of people going skinning for the rare skinning mats to sell.
Lightless silk is the "rare" tailoring mat, but literally everyone can pick it up so while it holds some value, it's not nearly the same as the heavy callous hide value that only skinners can get. I think if only tailors could loot lightless silk, we'd see cloth legendaries at higher prices.
And sure, only miners can get stone/ore, and it's even used by a lot of professions, but are Blacksmithing legendary prices ridiculously high? Is the price of ore through the roof? Nope!
Meanwhile, heavy callous hide prices have been high since the start of the expansion, and in low supply in a lot of places. Needing tons of these rare, hard to get mats that only one profession can acquire where the final product has large profit margins means a LOT of people are going skinning. On my realm each heavy hide is worth about 1700g. Skinning has rarely been worth this kind of money and it's a joke to level so people are taking advantage of it.
Just look at the
EU Price of Callous Hide
It has remained steady for a while now.
Identifying Competitive Markets
poses an interesting question for those looking to get into a market and what to look out for..
I’m on Area52 which I’ve heard can be quite a competitive place especially for noobies like myself.
Currently I’ve found a bit of luck with the Leatherworking shuffle + spreadsheet and made about 100k in the last week.
I’d like to learn more though as right now I essentially just watch the price of 2 items, buy low, and craft away for profits. Doesn’t seem to be as hourly profitable as if I knew my stuff.
So my question is this, how do I identify markets that will destroy me financially vs those okay to dabble in for learning. I’m hyper afraid of the transmog and pet markets.
Any suggestions my friends? Hope y’all having a great goblin holidays.
Oh and whoever is pushing the prices of pallid bones and desolate leather up on A52, sell me a bunch for cheap plz, thanks.
The easiest way is to dabble in a new market. Obviously don't spend more than what you can afford, but you'll never really get a feel for a market unless you dip your feet into it.
Lets say you want to try and make some gold by buying materials off the AH, and then turning them into vers food, for the sake of example.
The first thing you should be doing, is opening a spreadsheet, and setting up a good way to plug the current AH prices of your material needs. Don't forget to include vendor material costs, especially for things like consumables. Don't forget to take the final cost and divide by .95 to get a rough idea of what you would have to sell for, in order to make a profit after the AH cut.
If the current material cost is greater than the current value of the thing you want to make, it's not necessarily hopeless, you might just need to check prices at various times of the week. Really good times (in my experience) are early mornings in general, but early morning on a Saturday or Sunday seems to be when material prices on lots of stuff hits bottom. Do the same for what you want to make.
After about a week, you should have a semi-decent idea of both the floor, and the ceiling for materials and the thing you want to make. If there's enough of a disparity that it looks like you can make money, go ahead and buy a few thousand gold worth during the next "low price window", make your stuff, and sell at the expected sell window. If it works out, up the amount of gold you invest for the next cycle, and keep going. Don't forget to siphon off some profits to lock them in, or you'll be one bad market crash away from losing all of your progress.
I'd echo what other people have said, start small to test the waters.
I started gold making by crafting a couple of 30 slot bags at the end of bfa. Sold really well for about a week until the priced returned back to normal. Turned out I'd started right as someone had reset the market. Fortunately i didn't have more than a few thousand invested and so was able to just sit on the bags i had until the price was reset again.
While waiting i started looking at other things to try and got into cooking. Was a great market to learn about when to buy materials and when to sell since the prices varied a lot over the course of a week
It can be tricky especially on high pop servers where others are well established. Ultimately, it comes down to recognizing a bargain and where you can add more value by flipping or crafting into something else more profitable. And of course, we all love a good spreadsheet! :)
Most of this information was discussed and originally posted on the
subreddit or in the accompanying
. You can also catch me streaming live on
on Sunday from around 7PM GMT UK Time (2pm Eastern Time) for the WoW Economy Weekly Wrap-up live on Wowhead.com, or you can tweet your feedback/thoughts via Twitter at
I hope you found this useful and If you have any suggestions or feedback, please do say so in the comments below..
Until next time, Happy Goldmaking!
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