Do video games piss you off when you can't afford that item that you just can't seem to get enough currency for? Do you ever want that epic mount that it seems like just about everyone but you has? Back at the start of World of Warcraft I was having these issues. Now I stand as one of the wealthiest wow players in the world and I am going to share my secrets with you. There are many different options to ensure that you get rich in World of Warcraft.
The first option is restricted to players who have a lot of time on their hands and the player that has decent gear. In certain areas in the world there are large quantities of mobs, or hostile monsters. You can grind these mobs for their loot along with a little extra bonus gold from RNG (Random Number Game) drops. The primary loot that is dropped from mobs is cloth. This cloth can be sold on the AH for a markup.
Here is a quick tutorial on how to efficiently farm mobs. You may firstly go find a few easy mobs with good loot. If you're a higher level than the mobs, you should be able to kill lots of mobs at the same time. The trick is to find many mobs located in a refined area, or to find mobs with a high respawn rate. You can also take trash mobs in dungeons. You can solo lower level dungeons, even though you might not be able to kill the bosses. That doesn't matter in this case because the bosses drop gear that sells for a minimum profit and rarely do they drop materials.
The Auction House
Now, its time to meet your new best friend, the Auction house! The Auction house also known as AH, is the number one easiest way to gain money in the game. Its also the fastest sinkhole. With the release of Warlords of Draenor just around the corner I am going to focus on the new AH’s key features. First and foremost both the Alliance and Horde AH are merging into one! This is great for people who have a lot of product and are willing to sell it for cheaper in bulk. There will be a lot more demand, but also a lot more supply. At the end of the day the person who makes the gold is the person who produces the most product. The way to ensure success on the AH is to undercut your competition by a minimal amount of currency.
The next method is Crafting. This is for the player that say forget the gathering and farming, I want to make things, and click buttons all day. To follow this method you will need a small initial investment of either gold or time. The mats you collect will be used to level your profession which I will cover in another guide... Whether it be Leatherworking, Blacksmithing, Alchemy, or Tailoring; there is money to be collected, and a hell of alot of it too. Leatherworking - This is used to make gear for all of the leather wearing classes like monk, rogue, etc. Blacksmithing - this profession crafts mail and plate gear which covers more classes than any other profession. Alchemy - Choose this path to create potions and elixirs to buff players. Tailoring - This profession creates cloth gear and… BAGS! Bags can sell for a shit ton of gold based on the amount of slots.
Running a Monopoly on Azeroth
Now that you know how to get your product, here comes the important part. How to successfully run a monopoly in Azeroth. If you weren't paying attention before, listen in now. There are two primary routes that you can take on your path to riches, (and bitches). The first and simplest is by yourself, you will collect your product and sell it on the AH. The second and more complicated route is with multiple people. We are going to cover the first method first.
For the single person method you must first choose whether you want to purchase your product in bulk from farmers or farm it yourself. When you buy in bulk the farmers should give you a significant discount. The method of farming yourself is cheaper but requires more time. Pick one of these methods.
Next you must head to the AH (Auction house) and find how much the item you are selling is going for. For the purpose of this guide we will be using Ghost Iron Ore. On my AH the cheapest stack is selling for 23 gold. But there are only 2 stacks for that cheap. The next stack is at 45 gold. You can go ahead and ignore the couple lowball stacks as you won't receive near enough profit. I will go ahead and post 25% of my stock for 43 gold. Ghost Iron Ore sells relatively quickly on my realm and you should have no trouble. Yes sometimes there will be a few stacks left unsold but that is no problem. Once you sell through most of the stock you've posted go ahead and post another 25%. If your stock is selling within hours of posting go ahead and post more stacks as now you know they will sell. Do this for a couple of days/weeks and you will notice a significant amount of gold building up. At this point if you wish to expand into the oblivion with your profits follow the next method.
For this method you must find several other people to fill certain roles. The first and one of the most important roles is the farmer. The farmers go and farm/grind whatever materials the ‘Company’ needs. The second role is the bankers/accountants. Their responsibility is to sort the bank vaults with all of the mats and to pay the farmers. This sounds like a silly role but it is essential in keeping everything neat and calm. The next position is the Auctioneer, AC for short. The AC’s job is to transport the mats from the bank into the AH and deal with pricing. They will be the ones to collect the profit and move it back into the bank. With each person/people having their own role it reduces the time it takes to sell/collect and therefore increases the profit of the group.
Doing any of these methods will result in an increase of the gold in your bank. If you have any further questions I would love to help everyone out so feel free to shoot me a message.