Free Word of Warcraft Gold Making Tips?
Update for Wrath of the Lich King: It's STILL easy to make gold! I've updated some of the information below, but the basic principles still apply.
If you're the type who finds themselves constantly broke in game, however, perhaps a few tips will help. It's really pretty simple.
If you want to pay for some more detailed info, I'm not going to stop you.
However, if you can apply a few basic principles to your life in WoW, some of which you should already know from real life, you can make anywhere from 100-200 gold per hour with just a few free World of Warcraft gold making tips, which is plenty enough to save up for the things that matter in life, like epic flying mounts!
Table of Contents
- TIP #1: Do NOT Spend Money!
- Tip #2: Know the Value of Things!
- Tip #3: Buy Low, Sell High!
- Tip #4: Crafting Kind of Stinks
- Tip #5: Gathering Professions Aren't Very Good Either
- Tip #6: Grinding is the Best Gold per Hour (after the Auction House)
- Tip #7: Questing is a Fun Way to Make Some Gold
- More WoW Lenses
- Have WoW Gold Making Tips? Share 'em with us!
TIP #1: Do NOT Spend Money!
... be the ant, not the grasshopper!
Look at it this way: There's virtually nothing you can buy off the Auction House that you won't get an upgrade for through normal play. Every gold piece you spend on a BoE weapon or armor piece is a gold piece not saved toward truly good purchases.
In BC, it wasn't really worth it for most classes to buy BOEs when first hitting the level cap. With Wrath of the Lich King, there are a few pieces worth investing in for a fresh level 80 character, depending on the class. Most of these are craftable, so you can usually save money by farming the materials or buying the materials and having a friend or guild member assemble them. Even if you have to advertise in /trade for a combine, you're gong to save money over simply buying crafted items in the Auction House. Know your class, and know what items are worth buying for it on hitting level 80.
In Wrath of the Lich King, you really don't need to spend any money while leveling a character. You may want to spend a minimal amount of money every ten levels or so if you're skipping dungeons to power level, and your quest reward gear is out of date, but this should be kept to a minimum. From level 68-80, the Northrend quest rewards should be sufficient.
If you're trying to save money, it's for those big ticket items, a flying mount, then an epic flying mount, those higher quality items mentioned above, materials to power level a crafting profession that will pay off with good perks.
It's also OK to buy item enhancements and enchanting materials for your gear once you do start getting epics. Be sure to only buy the raw materials, and have someone else do the assembly from your guild or friends list. WoW is a social game, and among the benefits of socializing are the economic. (Just make sure that you give back as well! Whether by trading services for tradeskilling or just helping people with a quest or instance.)
Tip #2: Know the Value of Things!
... or sell me your bandages for 2g40s!
Now, make it all into stacks of Heavy Netherweave Bandages, which vendor for 3g per 10.
See what I did there? I do this every day and make a small profit off of someone else's ignorance of the marketplace.
What did I know that they didn't? One, I knew not to get crazy undercutting prices on the Auction House. Two, I knew that bandages vendor for more than raw cloth, and how much that price is.
That's just one example of making a profit from price cutters. If you know the true market value of an item, you can often make a profit from speculation by buying and reselling underpriced goods.
It's also important to know the worth of items when you're doing any kind of grinding. Ideally, you want to grind on the same mob over and over again, so that you get the same trash loot drops, which stacks save bag space, and make for less trips to a vendor, and more grinding uptime for the items you're actually farming. However, bags do tend to fill up.
So, is that Brittle Horn worth more than that Dirt-Covered Fur? And is a stack of either worth more than the Stoppable Force? The vendor value of gray items can be significant, and if you need to clear bag space, it pays to know which grays have higher value than the others.
For the Auction House, I highly recommend the Auctioneer UI Addon. It's been one of the most popular mods forever, and there's a good reason.
For sorting out your junk loot, I like SellValue.
Tip #3: Buy Low, Sell High!
... the Auction House can make you filthy rich!
The first thing you need to make money on the Auction House, is Auctioneer. Don't leave home without it.
Here are some more tips:
Enchanting materials don't have listing fees. That means you get to ask a fair market price for them, and if some yutz comes along and undercuts you, you're out no money when the items get returned to your inbox.
If you are constantly getting undercut, then either there is a glut on the market for your item, or you have misjudged the current going price for it. In general, I won't list a BoE blue or green more than twice in a row if I'm getting undercut. I'll wait a bit then relist one more time. After that, the sucker gets disenchanted. There's no point in letting the Auction House fees eat away at your profit, and enchanting mats always sell. For patterns, I just wait until there's a lull in the market, and post when I can get my asking price.
The weekends are a busy time at the Auction House, and this can sometimes work for you and against you. In general, weekends are a good time to move big ticket stuff and a bad time to sell anything that can be easily gathered. Weekends are a good time to go bargain hunting, for a weekday resell.
One way to outfox the undercutters is to put one of an item up that you know will be undercut. Price it a bit above the normal market value. Now the undercutters will come along, and they will price slightly below you. You now list the rest of your items at a reasonable market value slightly below the undercutters.
When someone sorts their Auction House searches by price, the sort is based on the minimum bid. That means if you have a lower minimum bid, your item will show up first, even if your buyout price is higher. Of course, you don't want to take this too far: Never set a minimum bit at a price you aren't willing to sell an item for.
In general, crafting supplies sell for more than the finished goods on the auction house, with few exceptions.
Tip #4: Crafting Kind of Stinks
... but there are a few ways to make money with tradeskills!
The bottom line is in most cases, the raw materials sell for more than the finished goods. There is no value adding process in WoW, like in the real world. People will pay more for the raw materials so that they can reap the rewards of the top end crafted goods, than they will for finished goods.
So, if you can sell your stacks of raw leather for more than your leather armor, why make the armor?
However, some items are profitable. If you can buy the materials for significantly less than the finished goods sell for, you can make a profit.
The main reason to level professions in Wrath of the Lich King is to reap the benefits of the various perks for each. These perks have been reworked extensively in Wrath of the Lich King, and this post on Wowhead has a very nice summary.
My opinions and experience with the professions follows.
Alchemy
Alchemy has the advantage of being a fairly cheap crafting skill to level, though the perks are a bit weaker compared to some others in Lich King. Many of the potions are profitable, even at lower levels.
All in all, it's a decent profession, though perhaps a bit middle of the road nowadays.
Blacksmithing
If you buy the materials and manufacture your items, then you are engaging in speculation that could go either way. Many people will simply have a friend craft the item rather than paying AH markup.
I rate Blacksmithing pretty low on gold making potential.
Engineering
One item you can make a bit of gold on is the Overcharged Capacitor, which is a recipe you get early and which is used in a quest in the Borean Tundra. It's also used in an Engineering specific quest.
Engineering will do little to boost your performance in Lich King, but has some "fun" items now. I'm considering dropping it, but I'm going to wait until Ulduar is released in patch 3.1 to see if any changes are made to bring it up to par for raiding. If you're casual, and you're already invested in the profession, then keeping it to see how it shakes out is probably a good idea.
Enchanting
You can now buy Vellums which are made by Inscription, to enchant into sellalble scrolls. If you have spare enchanting mats, this is a viable way to make money. It's also nice to be able to make a little money now while leveling the profession.
The best way to make gold with Enchanting is still to disenchant green and blue drops you get from normal questing or grinding, and sell the enchanting mats. Remember, these have no listing fee, so they're pretty profitable.
You can also grind lower level instances and disenchant the drops. I was making about 100-150g per hour on my Druid by farming Scholomance solo over one weekend. It's not the fastest money, but somewhat fun. <<-- The prices for old world materials have dropped somewhat. But, if you're farming old instances for fun, you can still make a fair amount on enchanting mats and cloth drops. These are perennial AH favorites.
Jewelcrafting
Also, as with disenchanting, prospecting ore for gems can be profitable as well.
Letherworking
Tailoring
These are the only thing I do to make money with my tailor, as they have a very good mark up on my server, so it's pretty safe to buy the mats without fear of losing money on the deal.
Tip #5: Gathering Professions Aren't Very Good Either
... unless you have your Epic Flyer!
Lich King update: Nothing has really changed here, except for a spike in the prices of metals and herbs, and even leather, in Lich King. Part of this is due to new Death Knights power leveling professions, part is due to the introduction of Inscription, and part of it is because the new Leatherworking buff items are very nice.
It seems like mining and herb nodes are much further apart in Outland than in Azeroth, and consequentially, you need to be FAST to beat the next guy to the node. If you've ever had an epic flier swoop in on a node you were riding for, you know what I mean.
Update: While there are some zones where nodes are closer in Lich King, the same rule of thumb applies: You need epic flying speed to compete.
Once you do have an epic flying mount, both mining and herbalism are very profitable, because crafting materials sell well.
One note on mining: Check the price of the ORE on the Auction House before making bars of metal! Adamantite Ore often sells for more than the bars, because it can be Prospected by Jewel Crafters.
In the case of Skinning, you don't have to worry about the epic flier so much. In fact, if you want to cut the competition, you can get a lot of leather by going into the Black Morass instance and farming the normal mobs inside. Update: In Lich King, leather prices are UP, Partly due to the new desirability of Leatherworking, and partly due to expansion inflation.
All three professions can be profitable, with the caveat of mining and herbalism having a bit of unwanted competition.
Miners and Skinners should use the Gatherer UI mod. It's invaluable in planning out your gathering routes.
Tip #6: Grinding is the Best Gold per Hour (after the Auction House)
... if you don't gouge your eyes out in boredom!
1. Eternals
2. Cloth
3. Leather
Generally Eternals are good money, but not as big as farming Primals was in Burning Crusade. In Wrath of the Lich King, Eternals are much more common than Primals were, and this cuts into profits. Generally, Eternal Fire sells for the most money. The elementals that drop them drop high value vendor loot and cash as well. The trick to farming Eternals is to find an area that's not overfarmed, and that's not easy. This will vary from server to server.
Cloth prices are up in Wrath of the Lich King. Stacks of Frostweave Cloth were selling for as high as 40g a stack around launch, and have now seemed to stabilize around 20-30g a stack, usually on the lower end of things. It's a viable strategy to farm cloth for its own sake now.
As noted in Leatherworking, raw leather sells well. If you have two gathering skills, Leatherworking is a nice addition. As noted before, Leather prices are even better in Lich King.
Reputation items are for the most part OUT in Lich King, however, with patch 3.08, Relic of Ulduar can now be turned in for Sons of Hodir rep. If you don't have Inscription, you need that rep for your high end shoulder enchants, and there's no Sons of Hodir tabbard, so these things sell for quite a bit. It seems as if the drop rate has been lowered with the patch, though. If you can find a nice spot to farm mobs that drop these in addition to your primary farming target, do so.
Here's a guide to chosing a grinding spot I wrote a while back to teach beginners the basics.
Tip #7: Questing is a Fun Way to Make Some Gold
... and a good break from grinding!
I'm not going to delete all the BC specific stuff at this time. However, you should ignore it, as doing level 70 quests at 80 yields a lot less gold than doing Northrend quests at 80, because the bonus gold is based off the amount of experience you would have earned for doing the quest at your current level, which isn't much. However, the same principle applies. If you refrain from spending gold on your way to level 80, you'll notice a substantial gain from questing and from either vendoring or disenchanting your quest rewards. There are also more dailies than ever.
The first is to simply complete regular quests you didn't do prior to turning 70. If you do all of the quests in Netherstorm after hitting 70, that's about 2000 gold. I like to save Blade's Edge Mountains, Shadowmoon Valley, and Netherstorm. I don't go through and do all of the quests in one sitting after dinging, but go back to the zones when I'm bored with other gold making activities and knock a few quests out from one of the quest hubs.
The second method is to do your Daily Quests. These involve everything from Cooking and Fishing dailies, to Dungeon and Heroic Dungeon dailies, to PVP and faction specific dailies. Basically, these are quests you can do over again once per day each, up to 25 total as of patch 2.4. The advantage here, besides the gold is that you can also gain faction with certain groups, which provide rewards including unique mounts and useful items.
I think that the new Isle of Quel'Danas quests introduced in patch 2.4 are the best available. There's a nice guide to them on WoWHead.
There's comprehensive daily quest info on WoWWiki.
I suggest you use Ligheaded UI mod to help with quests, particularly if you're going through skipped zones. (You'll memorize the dailies soon enough.)
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Have WoW Gold Making Tips? Share 'em with us!
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How do you make Gold in WoW?
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Reply
- WOWBasics WOWBasics May 26, 2009 @ 7:01 am | in reply to Jadelynx
- Note that the tip for grinding says "after the auction house." =-)
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Reply
- Standup105 Standup105 Mar 19, 2009 @ 2:03 pm
- Hey! New to the group so I just figured that I'd introduce myself. My name is Standup and what I do is I review World of Warcraft guides online. These guides are all available to download, and some of the splash pages can be bothersome at times. So what I am doing is cutting through all the hard work for the user, and giving comprehensive reviews based on the features, good and bad aspects of the guides, prices, and links directly to the site.
My hope is that by the time that you're done reading my lens about a particular guide, you won't need to wade through a large splash page filled with advertisements, but instead, will allow you to made an educated decision on which to download before you even load up the publishers page! I do the research so you don't have to!
My lens can be seen here:
http://www.squidoo.com/world-of-warcraftt
Thanks for checking it out, see you there!
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Reply
- WOWBasics WOWBasics Mar 1, 2009 @ 2:20 am
- I agree with you that the Auction House is probably the most effective way to amass gold; as I mentioned in Tip 3, the guy who maxed out his gold did it through playing the AH. As far as the gold per hour goes, I meant that more versus other more active gold making methods, AH gold per hour is pretty hard to measure, after all. And it IS mind-numbingly boring. =)
I'll update that tip title to be a bit more accurate. Thanks. Oh, and nice blog.
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Reply
- Jadelynx Jadelynx Feb 23, 2009 @ 2:59 pm
- I don't agree at all that grinding is the most effective way to make money. Besides being mind numbingly boring, it takes a lot of time. I don't want to spend my game playing time in activities that I don't like to do.....like grind. I have a ton of gold and I made it all selling items in the auction house, NOT including any blues or purples, other than ones that drop. (and no, I don't grind dungeons either) It also does not include tedious record keeping so you can buy low and sell high. If you want more info on how to make money without having to grind, check out my blog at http://wowtipspace.blogspot.com or my squidoo lenses http://squidoo.com/wowcrazy.
