July 19, 2009

Posting Glyphs

Filed under: Inscription,wowbanker — Tags: — Kevmar @ 6:13 am

The glyph market is much more fluid then most. It is still driven by suply and demand. But I dont consider any glyph to have a market price. Market price is the lowest listed price on the AH that day. Think of every glyph as worth 5G. Anything over that is pure profit.

If a glyph is over supplied then its value crashes. All leveling glyphs fall in this trap. Everyone has a stock of them from skilling up and everyone can make them. People think of them as worthless and often times people forget to post them.

Some people think some glyphs should have a higher value. Its that glyph you paid 40G for because that was EJ said you should get and in your mind it is worth 40G. When people get artificial prices in mind they do silly things and get very fustrated when people under cut them and crash that price.

To make lots of gold with glyphs you need to step away from the micro pricing of every glyphs. With automation, let the market be fluid and flux with the price. Post 2-3 of every possible glyph you can make. Some will post as low as your willing to list them for but you will see others post for a lot more.

If you are the only one posting a glyphs, you can set your price. When people need a glyph, they need a glyph. Some people post them upwards to 90G. I like to post those aroung 40G. I do that because if its a crap glyph that they just want to try for something, it is still not that much to spend on a throw away glyph.

I will have to show you a little bit about Quick Auction. It takes the hard work of posting glyphs.

July 17, 2009

Building a Glyph Machine

Filed under: Inscription,wowbanker — Tags: — Kevmar @ 5:28 am

I recently got into the glyphs market. I saw several big gold earners talk about it and decided to give it a go myself. I started it slow and I am currently seeing great results. I am already 3 weeks into doing it seriously but I would like to show you how I got here.

I just leveled herb and alchemy on another char. Any herbs the alchemist didn’t use ended up in the bank. After reading about the glyph market, I took a lvl 64 alt and decided to start inscription on him. He had 30G and several stacks of very low level herbs.

I decided to start slow and make this guy stand on his own. There were a few times I reached out to my other characters but I made this guy pay them back. Every time I learned a new glyph, I ran to the AH to decide what to craft. When I was out of gold, I stoped for the night.

I was earning about 30-50G a day while doing this. I would recraft glyphs that sold well to keep that gold flowing. I was buying herbs of the level of the inks I needed every day. I could grab all the cheap herbs I could afford and turn them into glyphs. The income was steady the entire time.

There was a point (around the time I got to dreamfoil) that none of the new glyphs were profitable to make. Up until then, I could find one glyph to focus on for skill ups that would sell for something. At that point I made a little of everything. I was skill making 30-50G a day but the mats needed at this point were way over priced.

I had to find a better way.

July 16, 2009

My blog

Filed under: Uncategorized,wowbanker — Kevmar @ 5:59 am

I have found some very useful blogs on making gold in wow. They do a very good job in showing good farm spots, items to flip, things to craft, and things to DE. They cover mods and methods to make gold.

I am going to try and do something a little different here. I’m going to talk about my sucess and failures to use some of those ideas. My good ideas tend to make more gold then my bad ideas loose. At the moment I am making more gold then I am spending so I am doing something right.

I recently got started into glyphs and its going very well. I plan on back tracking a bit and talk about how I got started in glyphs. Review the things I tried and show where I ended up. I will also review the mods I use. Not that they need any more reviews, but I figure if im talking about them here that it would be good to descrbe how I use them.

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