The auction house can be your best friend if your in the business to earn some gold. Here are a few Do's and Dont's of the AH, follow closely, and you can make some easy gold while surfin the AH.
DO'S
- buy if you see an abnormally low price for an item, can easily be flipped to make a quick profit.
- undercut for around 10-20%. You wont lose much profit while quickly turning over our items
- Search the AH daily, you never know what your server's prices are doing
DONT'S
- flood the AH. by this i mean dont put too many of the same item in for a lower price, because this will then turn the AH prices against you...remember you want to sell quick and fast
- settle for ridiculously high prices that arnt the server norm. go and farm it yourself!!! much cheaper.
- undercut to the max!!! doing this can sometimes bring the item below its actual worth of the mats/time.
Thursday, November 12, 2009
Iceweb Spider Silk
So, today I noticed that there was a Big inflation of Iceweb Spider Silk on my server[Smolderthorn]. As i need the mats for my proffesions, as do many other people, I decided to A) not pay for my silk anymore and B) get in on this gravey train.
I did a little research and found out lvl 76 spiders in Zul'Durak drop the silk, located around (38, 55). So i headed there. I farmed for half an hour, because all the math is easy if i just multiply my results by 2. These are my findings:
30 mins. = 30 Iceweb Spider Silk, 20g in greys, 3 greens.
30 Iceweb x 12g at the AH = 360g.
i DE'd the greens and got 22 Infinite Dust, 3 Greater Cosmic Essence, 4 lesser Cosmic
At the AH the enchanting mats got me:
3 Greater x 14g = 42g
4 Lesser x 6.95g = 27.8
20 Infinte Dust = 50g/stack
So.......
Total Profit = 474.8g ( AFTER 5% AH CUT)
474.8g x 2 = 949.6 gold per hour.
As i've noticed, the supply for the silk is not as great as, lets say frostweave. BUT they do yield a large margin of profit, so if you spread the items evenly throughout a week in the AH. So you can view it as an hour's worth of your time every week = 950g a week.
**sidenote*** done as an enhance shaman, grey profit amount calculated AFTER repairs
I did a little research and found out lvl 76 spiders in Zul'Durak drop the silk, located around (38, 55). So i headed there. I farmed for half an hour, because all the math is easy if i just multiply my results by 2. These are my findings:
30 mins. = 30 Iceweb Spider Silk, 20g in greys, 3 greens.
30 Iceweb x 12g at the AH = 360g.
i DE'd the greens and got 22 Infinite Dust, 3 Greater Cosmic Essence, 4 lesser Cosmic
At the AH the enchanting mats got me:
3 Greater x 14g = 42g
4 Lesser x 6.95g = 27.8
20 Infinte Dust = 50g/stack
So.......
Total Profit = 474.8g ( AFTER 5% AH CUT)
474.8g x 2 = 949.6 gold per hour.
As i've noticed, the supply for the silk is not as great as, lets say frostweave. BUT they do yield a large margin of profit, so if you spread the items evenly throughout a week in the AH. So you can view it as an hour's worth of your time every week = 950g a week.
**sidenote*** done as an enhance shaman, grey profit amount calculated AFTER repairs
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