Quick note of what you can get out of these posts detailing my return to the AH game. These steps that I'm taking (aside from learning how to play a dk/pally again) are the same steps one should take when entering new markets, joining a new server, or getting back into the game from a break like me.
I'm sure most of you have taken a break from the game at some point only to return and find that everything has changed so much. Well that's the spot that I'm in. Even though I love the AH game I know that's not all that I'll be doing so first thing's first; time to relearn how to death knight pewpew and pally tank again. The main purpose of this entry is to once more drive home the necessity of doing your homework and research the markets before diving into them. Granted I am quite well off, but that doesn't mean I can be reckless. 450k can bottom out rather quick with maxing out a ton of professions, buying epic gems and a large stokpile of new cata materials. Always be mindful of your spending!
Once again I'll be looking over at yonder links and start reading up on Maintankadin and EJ to get up to date on what's going on. Naturally all of my former addons are completely broken and, with all the changes to the AH interface, are probably going to stay broken. From what I can tell, totally automated auction posting is a thing of the past though it's not completely manual either. This means that a drastic change in my daily routine is in order. Of course I'll be giving a full write up on my daily "How to: Auction house" once it's mostly figured out.
After getting a good picture of what materials I have, toons and professions to level, I'll be on the hunt for addons to check out. First thing I'll be looking at is the new versions of auctioneer and QA. After that I'll be looking for a postal and mailOpener replacement to auto collect all of my mail.
However one thing that hasn't changed and never will is the people. Our lovely customers! Because of that, my standard MO isn't going to be altered at all. Undercut by 5g minimum no matter how cheap the items being sold are all the way up to 100g undercuts. Depending on how inflation goes this might increase of course.
The most I can gather from the glyph market is that the use of them all has changed in terms of which you SHOULD be using and which are just there for flavor or plain useless. AH wise they're basically the same as before just with higher material costs. Every new toon needs glyphs and needs a lot more now with there being 9 slots to fill and the ability to exchange all of them at any time. So more large class wide sales instead of just on a respec. In other words, you're still counting on quantity of sales and not quality. Roughly the same profit margins and same style of competition. one or two major sellers and the rest are casuals or leveling dumps.
Enchanting has more options than ever before with so much to craft and sell. From what I can tell some of the old vanilla enchants are popular as well. So my first step once everything gets turned on will be leveling my DK enchanter girl. I always say to never level without a gathering profession, but while questing enchanting counts because of the DE. That and I only have a single toon with a gathering profession (mining) which is my warrior who is just boring to play imo.
Suffice to say once I get all my addOn tech sorted out an account for all the raw materials i have to liquidate, I'll be doing market research. I'll first be looking over the4 general sale price of materials first and then seeing what I can currently make (if anything) to sell with them. Then I'll look into any market trends all while trying to identify my major competitors (if you're still there, I'm looking at you Mulegirl).
My main concern is about how much automation I can do as that was a large part of my success and laughs. There's nothing funnier than going afk for the day while smelting 500 saronite bars while your personal AH campers are waiting for you to log off. Ah those were some good times.
The first step when getting into the AH game is doing your research into everything you plan to deal with. And since I'm not one to do things half assed I'll be getting into every market I can find again so that means a lot of research and reading. But a little Yoda note though, nothing fulfilling ever comes easy.
As always any comments on recommended markets or addOns are completely welcome.
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.