There has been an increase in green item drops the further that Mists of Pandaria matures as an expansion pack. When players were going through their quests at the beginning of the expansion one or two green drops were the norm. Now that many players are finishing up their dailies on the Isle of Thunder, more lower ilvl items have become available on the open market.
The normal thought process has been to just instantly send these items off to either your own personal enchanter for conversion into materials, or at best vendoring them for gold. Some would cherry pick looking for certain items to drop on the AH for resell with conversion either into enchanting materials or gold for the rest.
Many players will pick and choose higher ilvl items so that they can advance into instances quicker. Once they reach maximum level they are more apt to either craft their own items or purchase crafted items to reach the intended gear level.
I found myself going into autopilot mode when it came to gear and just sending it to my enchanter for conversion. But the AH has been overpopulated with inexpensive materials all the way up to Sha Crystals. This has also dropped the cost of many of the middle ground gear enchants (Colossus, Windsong etc). A decent profit could be squeaked out between the difference of the materials purchased and the enchants themselves.
But I decided to change my practice a little bit and taking the time to list the greens I had on the AH at reasonable prices. Having TradeSkillManager on my add-ons list gave me a listing of the approximate disenchant value of an item. Disenchanting value is an inexact total of what would be obtained, so listing an item for up to three times the amount on the Auction House could net some decent sales. Even if one or two of these sold it would raise my profit levels higher than if I just automatically disenchanted the item or vendored it.
So why would this work? Are players really buying these items to upgrade gear? The short answer would be yes. Where I listed 40 items, Five of them sold at Three times the value if I had just processed them normally. I listed again and another first were purchased. After three days I went ahead and processed any of the green items that were at a lower ilvl than 410. This netted me again a larger amount of profit and continued to list the weapons and higher level gear. Ultimately after a week of this I finished processing the rest of the items.
This would seem like a round about way of obtaining both gold and enchanting materials. But with the Enchanting market being soft on many servers, alternate methods need to be placed to process gear while still obtaining good margins of profit.
The other market that I seemed to miss was the market for transmogrified items. Where an item might not be powerful stat wise, it may be the design that some players are looking for. Helms and weapons are especially useful to players looking for specific views of their character. So before you look to just DE that item, check on how it is viewed with your character and see if it looks interesting. Where some helms are just plain ugly as sin, certain helms and weapons can bring high value prices when they are in demand.
Good Luck and Good Hunting
Lions, Tigers and Cooldowns O My
Snakes in the Playground
Craft Me Some Pants.. Or Something Else
Flipping the BMAH off
Dear Blizzard: Noblegarden Edition
Throwing A Line
Prepping For the Death Of PVP
Patience is a Virtue.
I Choose You....: Reputation Choices
Thunderforge Ready for Business
There’s a lot of information to sort through when bidding, buying, or posting items on the auction house. In fact it’s too much for any one ...
Hey Markco, Just wanted to tell you another gold tip. With patch 3.1 the JC pattern Citrine Ring Of Rapid Healing no longer requires 2 elem...
This post was submitted by Alisha as her application to write here at JMTC. If you enjoyed Alisha's post then please give her a thumbs u...
Of all my posts at Just My Two Copper , I think that this farming spot is going to excite my hunter readers the most. In this article I am ...
PCT means percentage or percentage market value for an item. After you have scanned with auctioneer enough you will have an accurate PCT for...
Don't forget to pick up the best farming trinket in the game. 1. Fire Revenants of Stormpeaks Eternal fires remain the most expens...
Written by Scantron of the JMTC Forums Why use Excel? Your gold making venture is a business, whether it is a small Mom and Pop operati...
Learn world of warcraft bidding practices in this article that will help you win bids more frequently. Here are the four categories you w...
I've been emailed quite a bit recently with questions about auctioneer's handy little tool: Bean Counter. Today's post is meant...
You mentioned the old essences selling pretty well, undeath being one of the big ones (8g 45s a piece on emerald dream). Well Zul'Mashar...