I’ve wanted to do an income report for the longest time but I’ve had problems with the programs I use to export beancounter data to excel. I finally got bag export to start working again and I’m thrilled to be able to share my best selling gems and enchant scrolls for the past 2 weeks.

My current primary methods of income are in order of profit: Inscription, Enchanting, Vendor Flipping, Jewelcrafting, and Engie Pets.

In the last 16 days here are my profit from each profession:

1. Glyphs = 14,973g

2. Enchant Scrolls = 13,603g

3. Vendor Flips = 6,297g

4. JC Gems = 5,538g

5. Engie Pets = 2,067g

Total gained in 16 days = 42,478g profit or 2,658g/day

The ways I’m working on improving these numbers is by getting the rare enchanting recipes I talked about before, getting more gem cuts and being more committed to selling engie pets (I honestly just forget to make them sometimes and miss out on very easy money).

Best Selling Enchants

Best Selling Jewelcrafting Gem Cuts

Bonus – KTQ Scroll Macro

I love using KTQ to automate all aspects of my crafting, I’ll share with you guys my current KTQ macro for enchanting scrolls:

Remember to only use up to the item number in your KTQ macro, not the actual item name so that you can save character space. You’ll only be able to fit 14 of these per macro so make a few.

Let me know of anything else you’d like included in these income report updates, I have another big article in the works similar to my vendor flipping project I posted above. Good luck with your gold making and stocking up for Cataclysm!

Income Report – Best Selling Gems and Scrolls – Aug 31 an article by: WoWConfidential Gold Making in WoW

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I am a huge fan of Reddits section called IAMA where people who are interesting in one way or another allow others to ask them questions.

I found one that was recently posted by a man claiming to bot 150 seperate accounts over 15 computers running 24 hours/day. You can read all the entires and questions here.

He also claims to make 150,000 – 200,000g a day on his bots.

I do not condone the use of bots or selling gold but it’s interesting to see how a person can turn fake currency into real life money for a living.

WoW Bot Runner and Gold Seller Answers Questions an article by: WoWConfidential Gold Making in WoW

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I must admit something, after hitting the gold cap in WoW I lost a lot of motivation to continue my daily gold making routine. It goes to show that you need to constantly create new goals to reach once past milestones have been met or you’ll have a lack of focus.

I always enjoyed gold making and the most fun part for me was finding new and better ways to make that gold so I could go from 3,000g/day to 5,000g/day.

Well I think the time has come that I want to get the production cycle back into full swing and take my hand at hitting 1 Million liquid gold in game.

Current Stock and Gold

Currently I have 271,477 liquid gold, I actually bought a chopper yesterday, my only gold sink which cost me 15k so I’m down to 256,477g. My total including all my inventory sits at 369,455g.

In order to hit a million gold I’ll need to make 743,000g and if I’m trying to hit that before Cataclysm that’s roughly 3 months worth of time that’d I’d have to make 247,666g/month or roughly 60,000g a week! Currently my highest income weeks have been about 25,000g profit a week.

I don’t think I can hit this amount with only 4 gold making professions… but I am going to see how well I can do!

I will be reporting back weekly on my progress to hit a million and will keep track of my time spent on each gold making method so I can show which methods make the most gold per effort, also I’ll share my best selling items and profits for each category so you can try it out on your own servers.

New Goal To Hit a Million Gold an article by: WoWConfidential Gold Making in WoW

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Making gold with enchanting is either my 1st or 2nd favourite profession to make gold with because once you have a system in place you’re only spending a few minutes a day and raking in a nice profit.

Most of the scrolls that are popular can be bought directly from Vanessa Sellers in Dalaran making it easy to jump into the enchanting market. Unfortunately this also allows new competitors to rapidly set up a business and you’ll be in undercutting wars. One way to pull in a lot more gold with enchanting is to do a little hard work and find the rare and hard to get enchants that not many new enchanters even know about.

Some members in our private gold making forum shared a list recently of super rare items and it gave me the idea for this post.

In this article I will provide a list of formulas for enchants that aren’t sold by Vanessa Sellers which are popular sellers and therefore command a high price and profit margin.

List of Rare Enchanting Formulas

There are two areas we are going to be focusing on here, the heirloom market and enchants that are BoP from raids.

The heirloom market is huge, while most players wouldn’t bother enchanting items they are leveling up with since gear is replaced so rapidly, heirloom enchants can be placed on an item from level one and stay active till 80. Some of these enchants give HUGE bonuses and therefore players are willing to cough up a lot of gold to get that advantage while leveling.

Unfortunately most of these lucrative heirloom enchants are very rare world drops but blizzard made most of them BoE and are sold via the auction house. This is another opportunity for non-enchanters to make gold as you can add these rare BoE enchants to your snatch list and if someone not knowingly posts it at a low price you can snatch it up and resell on the AH for thousands more.

Heirloom Enchants

1. Formula: Enchant Weapon – Fiery Weapon (BoE)

Source: Drop – Blackrock Depths – Pyromancer Loregrain

Farmable, about a 17% drop rate and you could get this in about 30 minutes of farming.

2. Formula: Enchant Weapon – Icy Chill (BoE)

Source: Drop – Winterspring – Anguished Highborne

Farmable, 4% drop

This enchant may seem like garbage on first glance, who cares about snaring a mob and debuffing it’s attack power but this is highly sought after for Hunters to kite with.

3. Formula: Enchant Weapon – Lifestealing (BoE)

Source: Drop – Scholomance – Spectral Researcher

Farmable, 8% drop

4. Formula: Enchant Chest – Greater Stats (BoE)

Source: World Drop (Outlands)

Not Farmable, this is a really rare enchant and you’ll need to add it to your snatch list and hope you find it for sale.

5. Formula: Enchant Weapon – Crusader (BoE)

Source: Eastern and Western Plaugelands – Scarlet Archmage and Scarlet Spellbinder

Very low drop rate, 1.5% chance. You’re best bet is to find this on the auction house.

6. Formula: Enchant Weapon – Spellpower (BoE)

Source: Molten Core – Random Drop

Very low drop rate, <1% chance from bosses only. Find this on the auction house via snatch list.

7. Formula: Enchant Weapon – Healing Power (BoE)

Source: Molten Core – Random Drop

Very low drop rate, <1% chance from bosses only. Find this on the auction house via snatch list.

It’s only 1 spellpower lower than the above enchant and since they are both super rare you’ll be able to sell for a high price.

8. Formula: Enchant Weapon – Agility (BoP)

Source: Reputation – Timbermaw Hold – Friendly

This would be pretty fast to obtain and it’s a popular enchant, go out and get this one right now.

9. Formula: Enchant 2H Weapon – Agility (BoP)

Same as above, Timbermaw Hold – Friendly Rep

Feral druids and hunters particularly like this enchant.

9. Formula: Enchant Weapon – Strength (BoP)

Source: Reputation – Thorium Brotherhood – Friendly

Another fast reputation to grind since you only need friendly, and a popular enchant.

10. Formula: Enchant Weapon – Mighty Intellect (BoP)

Source: Reputation – Throium Brotherhood – Revered

Will take a while to grind this one, some people on wowhead report being able to grind it out within a day.

11. Formula: Enchant Weapon – Mighty Spirit (BoP)

Source: Reputation – Thorium Brotherhood – Honored

Might as well pick this one up too as you’ll have the rep, Warlocks and Priests prefer spirit.

12. Formula: Enchant Chest – Major Health (BoE)

Source: Vendor – Qia in Winterspring

Easiest enchant on the list to get, go buy it and even pick up a couple extra to flip for profit, I have a list of all vendor items to flip for profit if you’re interested in this gold making method.

Bonus

13. Formula: Enchant Chest – Major Resilience (BoE)

Source: World Drop (Outlands)

Very rare drop, this enchant cannot be put onto heirloom items but any PvP twinks above level 35 will want this enchant for 39,49,59,69 BG’s

High Level Enchants

Another market that has high barriers to entry are enchants dropped from bosses. These enchants cannot be put onto heirloom items but the enchant effect they have is sought after by even level 80’s.

1. Formula: Enchant Weapon – Mongoose (BoP)

Source: Drop – Karazhan – Moroes

A level 75+ DK should be able to solo Moroes, and level 80 classes capable of tanking. Otherwise bring a partner with you and grab this recipe. A great seller and 100% drop rate.

2. Formula: Enchant Weapon – Blade Ward (BoP)

Source: Drop – Ulduar – random boss drop

Everyone I talk to says Ulduar is a raid that no one likes going back to, this will be a pretty hard enchant to procure but is a good seller.

3. Formula: Enchant Weapon – Blood Draining (BoP)

Same as above. Drop – Ulduar – random boss drop

I will be picking up as many of these enchants that I can and I’ll report back on the amount of profit I can get from them. It’s important to look for any edge you can get in your professions as a lot of players won’t spend the extra effort tracking down recipes or grinding rep which equals much higher profits for those who do the hard work.

Good luck with getting these recipes, make sure you add the BoE ones to your snatch list and buy them up at a reasonable price, or flip them if you aren’t an enchanter. If you know of any other enchants not included in the list I’d appreciate if you shared it in the comments below so I can add it in.

List of Rare Enchant Scrolls You Should Be Selling an article by: WoWConfidential Gold Making in WoW

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Another addon has been developed by fellow gold making guru Zerotorescue, the developer of the awesome Mail Opener Addon.

This addon is a tweek to the Quick Auctions interface, it’ll add a toggle check mark beside the post button, what this does is make quick auctions continuously try to repost auctions.

Instantly Undercut Competitors

Quick auctions will only post auctions if you’ve been undercut or have no current stock up and the price is above your threshold, well if you had a continuous loop of trying to post auctions that would mean when you go for your next posting cycle and you have been undercut quick auctions will then undercut that lowest auction by the amount you set in the config.

Here’s the description Zero wrote on his addon page:

“This addon is a plugin for Quick Auctions that adds a checkbox to the auction house posting frame with which you can toggle continuous scanning and posting of Quick Auctions. It saves you the effort of hitting the post button whenever a scan has finished. Sadly because this Quick Auctions button doesn’t have a name and it’s function is private, this action can’t be macroed but this addon manages to obtain the correct button and simulates a click on it.”

The addon is called: Quick Auctions Poster <— here’s the curse download link.

Things to Keep in Mind

1. This addon was developed with blizzards API, so it is consistent with the terms of use and should not get you banned. However I would think there is some risk involved in using this so please beware… I will be trying this out though and I’ll let you know if I get action against my account.

2. Given the nature of how this works, QA only checks the posts of items you currently have in your inventory so it’d be hard to use this with glyphs. I could see using this with the most popular glyphs then just leaving the toggle on and you’ll remain the lowest price until it goes below your threshold.

3. If you plan on using this addon for certain items make sure that you change your quantity to post. For example I usually post 4 of each glyph, but if I ran this set up it’d try to post 4 of the same glyph everytime I was undercut. I think you’d want to set this to post only 1 of each auction if you plan to leave this on autopilot and make sure that you have sufficient quantity in your bags.

In my honest opinion I’d give this addon a few days before trying out or monitor it’s use while testing it.. Zero’s other addon the Mail Opener one I mentioned above had a lot of players saying “oh this is against the rules you’ll get banned!” because it opens all your mail for you which should require a click.. but the addon has been out for a couple months now with thousands of downloads and no complaints of bans from its use.

Automatically Undercut Auctions with Quick Auctions an article by: WoWConfidential Gold Making in WoW

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Calculators are used in every aspect of making gold, anywhere from calculating your gold/hour rate at a farming spot to pricing out profit margins based on your cost of supplies and sale price.

I have used the default windows calculator for all my needs, and although I play in windowed mode it still can be quite annoying to have my screen covered up and not being able to view the calculator if I click back into WoW or press hotkeys as your windows focus has changed.

There is an in-game addon you can install for world of warcraft that allows you to use this simple calculator without having to alt-tab or use the windows default one. They also made the calculator so that when it’s active your num-pad is bound to the keys then switched back to your normal bindings after (but who uses their numpad for bindings??)

Another great feature is you can input calculations by typing in the chat box /calc 2 + 2  and it’ll return  4 or you can do something like /calc (3.5g +50s) * 2  which will return 8g

The calculator is called Xcalc and you can download it over here at curse.

In-Game WoW Calculator Addon an article by: WoWConfidential Gold Making in WoW

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Have you ever needed help with gold making and wish you had a community of experienced gold makers to get advice from? Right when you need it?

WoWConfidential is proud to announce the launch of our WoW Gold forums and community where you can get advice and tips from players who have hit the gold cap multiple times and even hit a million gold.

The best part about it is this advice is tailored to your specific gold making situation and gold goals.

- New player trying to afford an epic mount?

- Need help setting up add-ons, macros and a gold making system?

- Making a decent amount of gold but need that extra edge to hit the gold cap?

- Saving up gold for Cataclysm?

Benefits of a Community

As the author of this blog I get lots of emails from readers, I wish I could answer them all but it has come to a point where I wouldn’t get anything done if I did.

With the launch of the forum, this provides a place where I can offer 1 on 1 advice and help.

Back when I began my gold making journey I was lucky enough to get invited to a private gold making chat channel. Through this chat channel I met some amazing people who had hundreds of thousands of gold when I could barely keep 1k in my pocket. The simple act of just being around these players and hearing how they play the markets gave me insight into what I was doing wrong and after a few months I hit the gold cap myself.

The other benefit was I found this community as a fun place to “hang out” while I was doing something boring like milling, crafting or just had down time. It’s great to have a community of like minded people with similar goals as you to discuss strategies and share stories.

It is this community I invite you to take part in at our WoW Gold Making Forum.

Why A Paid Forum?

1. Private information and ability to act on strategies before they are released to the public

I will continue to post in-depth gold making articles for free on the site, however a forum is a natural place to discuss and fine tune any new gold making strategies and to talk about speculation of an upcoming patch and how that could effect markets. Having the forum as a paid area ensures that the gold making discussions we share there are kept between members only and isn’t broadcasted around to the WoW community. This gives us time to react to markets and exploit gold making opportunities much faster than other players.

2. I will have much more time to spend 1 on 1 with people

I appreciate every email I receive and all the fans of the site, but with so many projects on the go I just can’t devote the time I’d like to helping every person or else I’d get no work done which = no money. In a paid forum community I can spend much more time to give advice and help out the members.

3. It provides real value

Gold guides on the market provide information, but getting advice tailored to your situation and server economy can help you along much faster. Reading a gold guide made by someone is much different than having a discussion with them where you can ask questions or more depth on the points you need further understanding on.

4. Well Moderated and Not Spammy

When people pay for a service it tends to draw more serious conversations and it’ll be much easier to keep the forum clean, to the point and helpful. I will be able to spend the time to make sure each players questions are answered while reducing redundant or frequently asked questions to specific threads.

5. Ad Free

I will not have any banners or ads on the forums.

How Much Does it Cost?

The forum has launched today (July 27, 2010) and will be offered at a reduced rate of $6.95 a month until Sunday August 1st, 2010. At which point the price will go up to regular price. Any members who sign up at the discounted rate can keep the reduced rate for as long as they are signed up members.

You can cancel your subscription at any time.

How To Join

1. You can register over at our forums here.

2. After you register, there will be a link that says “Complete Registration – Click Here to Pay for Forum Access” click that to upgrade your account for full access.

3. Click from the drop down box Monthly $6.95 US, this will bring you through paypal to make your payment, which can also accept credit card transactions.

4. After your paypal transaction goes through you’ll have instant access to start posting and reading the forums.

Hope to See You There

I look forward to getting to know each of you, there is an area to ask for advice, to post your own gold making “journal” and various other areas for us to discuss gold making in WoW.

WoWConfidential Gold Making Forum Now Live! an article by: WoWConfidential Gold Making in WoW

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I’ve been doing a lot of experimenting with buying items from vendors and selling them for a profit on the auction house.

I started off selling almost anything I could find from vendors –  food, equipment, reagents, arrows, recipes, pets, trade goods (resilient parchment, star wood), mining pick, etc.. If a vendor sold it I probably tried to flip it for a profit.

I have trimmed the list down to items that sold consistently and for a nice mark up.

Flipping vendor items for profit is probably one of the best ways to make gold when you have no professions or little start up capital. I’ve used it in combination with WoW Schools guide to really give me an advantage on route to my next gold cap.

You can literally buy recipes and items for 20 silver and turn around and flip it on the AH for 60 gold.

The trick here to make it the most profitable and worth your time is to follow an efficient route so you get all the key recipes, many people even know that recipes sell from the vendor but would rather just buy it from the auction house for a mark up to save them the hassel of traveling. Our advantage is we can take 1 trip out to a remote location and pick up multiple of that item, store it in the bank and sell it off when there’s no or low supply.

Items that are far are either incorporated into a route or must be sold at a high enough mark up to justify the travel time as some of these items are sold in limited quantity and you can only get one while you are out there.

List of Profitable Vendor Items to Flip on AH

Here’s a list of the vendor items I’ve successfully sold and how much profit I’ve gained from each item. Some items don’t have a profit amount yet as I’ve yet to sell them but they were easy to obtain (from same vendor as another profitable item) I’ll include my spreadsheet so you can input any other items you find and delete items you find don’t sell on your server.

Some items sell right away while others may have a 50% sell through rate. I’ve sold some of these items multiple times (like star wood, I sell about 5/day) I will include a report of my best selling vendor items in a future post so you see how much stock of each of these items I move a week.

Experiment with your pricing as well. I usually start off with the market price and start doubling it after every successful sale. A lot of these items have sold each time and I increase the cost by 10g each time. I find that most recipes can usually get around 50-70g, and some rare ones like the Admirals Hat recipe can go for upwards of 500g.

Total Profit = 3,403g

Vendor Item Locations – Route and Maps

The above is all nice and dandy to show what sells, but you’ll waste so much time trying to track down each vendor individually. Here’s a list of where those items to flip are by Zone and Vendor, after this I’ll include the route I take.

.

Maps

Here’s the route I take and the map for each zone of the vendor locations, bookmark this page and follow these stages each time you need to restock. Click to zoom each picture.

Outlands Run

Start in Shattrath > Terokkar > Shadowmoon Valley

Hellfire > Zangarmarsh > Dip down to Nagrand > Blade’s Edge Mountains

End at Netherstorm

Dalaran to Kalimdor Run

Dalaran > Teleport to Orgrimmar > Fly to Azshara

Winterspring > Moonglade > The Barrens

Stonetalon > Desolace > Thunder Bluff

Dustwallow Marsh > Feralas > Thousand Needles

End at Tanaris > Hearth back to town.

Eastern Kingdoms Route

Start at Undercity > Tirisfal Glades > Western Plaugelands

Fly back or hearth to Brill (Undercity) take zepplin to Stranglethorn

Stranglethorn > Booty Bay > Fly to Swamp of Sorrows

Alterac Mountains

2 items sell here, one that sells for about 150g profit so it’s worth the trip. I haven’t found an efficient way to incorporate it into the routes so for now I fly from Undercity to Tarren Mill walk east, just past river and follow path up mountain, takes 7 minutes to get there and visit both vendors.

Vendor Profit Spreadsheet

Here’s my spreadsheet I used to track everything, it’s a little messy but it’s a good starting point to keep track of your profits, inventory, and a place you can put in new items that aren’t in this list yet.

That wraps up this article. If you know of any other good vendor flips not listed here I’d be interested to hear what is successful for you in the comments below so I can add it to the list.

If you need more gold and want to leverage this method with another gold making guide I’d recommend picking up WoW Schools guide as this works well with it and teaches other flips.

Be sure to subscribe to our free RSS feed or bookmark the homepage (ctrl+d) to know when the next article is coming out! Recommend this article to friends/guild mates, in forums or tweet it as it would really help out the site to get some exposure Good luck on your profits.

Vendor Items To Flip For Profit – Maps and Routes an article by: WoWConfidential Gold Making in WoW

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I’ve been making gold steadily with inscription now since October 2009 and have just recently heard about the off-hand Rituals of the New Moon.

The reason being is the recipe to craft this item only drops from mobs and is Bind on pick up, it is also a level 70 item and not too popular.

However the item has one very interesting use that makes it a decent seller, it transforms you into a Black, Red, Grey or White wolf for 2 minutes (with a 10 minute cooldown), there are 4 versions of the book for each colour of wolf.

A member in the gold making chat – Debussy – recently tried to see if he could make a profit selling these and here was his results, keep in mind it costs about 30g to craft this item:

630g profit in an hour of selling isn’t too bad!

Rituals of the New Moon Recipe Drop

The recipe is rather easy to obtain, the drop rate on wowhead says it’s 3% but since it only drops for scribes this figure is unreliable since it takes into account the drop % on people who can never obtain it.

The technique drops in Grizzly Hills off of any Villager, Trapper, Defender, or Hunter within Silverbrook. It took me about 5 minutes to get it to drop, others in the wowhead comments have reported anywhere from 5-20 minutes to farm it.

Trick To Selling The Book

The problem with selling this book outright is that not many people are even aware it exists! The way that Debussy was able to make such a nice profit in a short amount of time was by advertising in trade chat some unique sales pitches to create some buzz over the books.

These pitches are meant to be as a joke but draw attention to the fact that it’ll transform you into a wolf, here are some examples of ones talked about in our channel:

“OMG I’m a worgen and Cata isn’t out yet. I’ve can be 4 different colors with [Rituals of the New Moon]!!!!”

“Hate Twilight and all it stands for? Want to torment them up close and personal? Infiltrate the lair with  [Rituals of the New Moon]! 4 Colors to choose from! Get them at the AH!!”

“GO TEAM JACOB! Become one of the pack with  [Rituals of the New Moon]! 4 Colors to chose from! Get yours at the AH now before it’s too late!”

Give it a try and see how many sales you can get. The problem with this being a long term profit strategy is that you need to advertise a lot in trade chat to actually make sales, but if you’re in town crafting anyways why not give it a go?

Making Gold with Rituals of the New Moon an article by: WoWConfidential Gold Making in WoW

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I recently stumbled on a new site that looks very promising to mine auction house data and statistics from.

The site is called The Undermine Journal and it only opened up recently, about a week ago. This site is pretty similar to another one in the past I talked about and is now out of operation – www.wowoah.com

The Undermine Journal is currently in alpha but after browsing it for a short time there seems to be a lot of interesting features and ways of presenting the data that can help you determine market trends, see all the markets your competitors are in and see at a glance what the highest profit items are to make.

Market and Price Trends

I really like the way they present price data history. The data starts on July 1st and is updated every hour. What this allows you to do is look back on the chart and analyze big dips and spikes, see if there is a common pattern on which day or time it happens and see if you can profit from this knowledge.

Not only does it display the price, but the quantity available, so you can see when the market is over supplied and under supplied.

Snapshots of Most Profitable Items

If you browse through the professions under the search bar this will provide your servers current prices for each of the items.

An example above is the jewelcrafting snapshot, I picked the red gems section to show the breakdown. What this shows is at the top right the current price of an uncut cardinal ruby and we can see going down the list what the current cut prices are for each of the cuts. Although flashing cardinal ruby has the highest profit margin it may not be a good seller, but still nice information to have.

Competitor Analysis

There is so much involved with the competitor analysis, just type in a persons name into search and it’ll give you a large breakdown.

My favourite feature is showing a history of when your competitor posts! This will show you when your competitor plays, wakes up, gets home from school/work so you can time your postings right after this time!

Another great feature is that it shows all the items your competitor is posting, a pie chart of all the types of markets they are involved in (20% gems, 25% enchanting, 10% trade materials etc..) so you can see any markets you may be missing and get in on that profit too.

Unfortunately they aren’t covering a lot of servers at the moment but I can see a lot of potential if they open this up. This will be a tool I’ll use a lot to time flipping items from looking at pricing trends and also research my main competitors.

Online Auction House Statistics – Item Price Trends an article by: WoWConfidential Gold Making in WoW

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