EDIT: See gevlon's post today about the recently announced cataclysm changes if you have ANY DOUBT that it is the retards, slackers, and social twits that run this game instead of Blizzard. I am now 100% certain that there is zero chance I'll be hanging around for more than a day after I hit a million. And that day cannot come here fast enough. /Rant
Starting today's post with a quote.
"The wise man therefore always holds in these matters to this principle of selection: he rejects pleasures to secure other greater pleasures, or else he endures pains to avoid worse pains."
The tl;dr: version of that is think ahead. If you go out drinking, sure you'll have a lot of fun but you'll be worse off the following morning more often than not. But If you completely ignore the taste of a fine wine through your entire life you're missing out on something that can be lovely. Now we apply this thinking to playing the AH. The shorter version is don't look for make a fast buck or sell one singular item for 9001 gold because you'll be worse off than if you tried to sell a ton of glyphs or buckles. Don't relentlessly pursue instant gratification! If you're patient you'll wind up making a lot more money than if you just sold off all your orbs for 15g when you KNOW that you can get 30 if you just wait a while.
Along these same lines is to maintain a proper reputation on your server. By this I mean thanking people when you buy something in person, responding to casual conversation with a friendly reply. And of course, always tip your local JC or enchanter if you don't have easy access normally.
When getting a service from a JC or enchanter, be sure to tip them at least 5g. Although I believe in the Mr. Pink philosophy on tipping (tipping automatically because of a socially imposed rule is retarded) it's generally very bad practice in a socially run world such as WoW. If you need this service many times and you don't leave a tip word will spread and you'll have a harder and harder time finding an enchanter. Sadly the large majority of people have no clue what a tip actually is and confuse it with a service fee. This is the problem with speaking American and not speaking English (ya see wut i did thar).
Also try to resist the urge to sell ammo in stacks of 100 or herbs in stacks of 2 for the price of a normal full stack. Sure you'll get some laughs in the present time and some quick cash, but you'll never be making money in that market ever again (and certainly lose that customer in other markets) once word gets out. And it will get out... fast. The idea is that you want return customers to consistently give you gold for your overpriced items.
My thoughts on if you sold something in a small stack for full price? Grats to you! If somebody is lazy and/or dumb enough to not look, they don't need their gold. If you buy a cut gem for 250g when the raw gem is up for 100 (very common) then you don't deserve your gold either! If somebody sends you 100g instead of a CoD mail priced at 100g keep it (unless they realize it soon after and say so). As you can tell, I do not empathize with the morons and slackers of WoW. At all.
Unfortunately if you do something "not cool" or "not friendly" well then you can easily wind up plain SoL when it comes to sales. There's a few people I know that farm materials I need constantly but raided with them before and they were the ones who stand in fire, get hit by Icehowl (god I hate that!), and other retarded things. So I will gladly pay an extra mark up in the HOPE that someone not so retarded will be getting my money and thus not waste it. And I'm not the only one who thinks like this.
However I am the only one who thinks about it logically and not "oh they're not coolfriendlyhelpfulletmeleechrunmethrurfcploxlolkk" type of thinking. And all of these fools have friends and they all buy your stuff. So play nice, let them think you're a socially acceptable digital entity while you line your pockets with their gold. The only thing that I don't apply this whole mentality towards is undercutting. Because it's very "not kool" to undercut a glyph by 50g. And many people will say oh that's so wrong 1 copper is enough! But when they need that glyph (rite nao!) all they'll see is a cheaper price and smile. That's because all these idiots are all out for themselves and nobody else when you get to the bottom of it. It's just another case of the rules only apply to them when they happen to suit their needs.
The short and narrow version of this whole post is to keep an honorable business to continue to reap the rewards of the social idiots that make Blizzard rich. Also that you should always be looking to the future and not trying for a fast sale just to make a quick buck.
This blog is about discovering all of the ways to make money in Rift. There are no cheats, hacks, or exploits used in any of my methods.
After amassing a 2 million gold fortune in wow I decided to come over to Rift and see how well I can do there. It is my belief that the game does not matter as much as the methods used and mine have already been proven to work and work well.