It is only days away from Patch 5.4 and the rush to whoop some Hellscream butt. Players are going to finally get to see just how much work has gone into the last (possibly) patch for the MOP expansion and the end to an epic storyline.
If you have been keeping up with the joneses you already have a large amount of your materials stocked up for the two week push after the patch. After purchasing your ore and your cloth and every item that can be sold for a buck you're raring to go.
But there are still a few that are looking at the last days to pick up deals. The most important thing is to not get swept up in the hoopla of investment. If you have already stockpiled you should be looking at just how much of your budget has been spent on your own crafters. How much have you invested to flip for profits. Whether it's in gold or percentage a budget can keep you from falling into the pit of overinvestment that players fall into.
For the new patch I split my investments four ways. I decided to budget 10,000g towards what I needed for my own crafters and 20,000g for resell. The 10,000g was split among the four different raw materials (herbs, ore, cloth, Misc), and the 20,000g was split among four investment types (weapons, armor, crafting flips, Misc). My goal with that two week period is to hit about 400% profit margin.
Budgeting may seem tedious to perform. Why not just throw money at something that looks good. This ends up being a hit or miss strategy with more misses than hits. The importance of being surgical in your investment is just as important as knowing what buttons to push when your raiding.
Speaking of raiding, players are going to want to max out their justice points so tanks and healers can net a large profit just from offering to sell their services for gold. Runs will be quick (especially with level 90's in good gear) so just grabbing a few sales from players and running 2-3 instances can net 1000g an hour easily (assuming 15 minute runs at 250g per player).
Budgeting your time is also as important as budgeting your gold. If your not running instances look for flips and for sales. Buying stacks off the auction house and barking in trade chat for a profit can net profits just as much as any other worth investment. Just look outside the well worn box for what can bring in the gold.
This weekend will be interesting. If you need me I'll be the dancing Tauren on the mailbox in Orgrimmar accepting tips.
Good Luck and Good Hunting
Want to get in contact with me? . Email me at Dragonbear @ gmail. dOT com or find me on twitter at "@JMTCMommar" You can find me hanging out on the Shandris Server, chat me up, and I will buy you a glass of juice.
Get thee To a TradeSkillMaster 2.0
Patch 5.4 Prep: No Sleep til Brooklyn
You're Squishing My Items
The Ways of The Force Are Strange
It's a Date.. Maybe?
Kill The Death Knight.. Kill It Now
Time to Remodel The Financial House
Sense Of Entitlement
Patch 5.4: Golden Lotus Beatdown
Four Levels of Wow Activity
Patch 5.4: Preparing your Farmers
Patch 5.4: Easy Gear.. Easy Go
Prepping for Patch 5.4: The Beginning
The End of a Pricing Era
Patch 5.4 prep: Do You Know Where Your Tailor Is?
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...
Engineers have always been on the short end of the stick when it comes to gold making. During the burning crusade and wrath expansions...
PCT means percentage or percentage market value for an item. After you have scanned with auctioneer enough you will have an accurate PCT for...
Learn world of warcraft bidding practices in this article that will help you win bids more frequently. Here are the four categories you w...
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 ...
Don't forget to pick up the best farming trinket in the game. 1. Fire Revenants of Stormpeaks Eternal fires remain the most expens...
Are you being pushed out of a market by a bully? Are you new to the auction house? Is there someone on your server who's literally swimm...
You should reset the data of your addons once in a while. Why? Things get outdated, their prices change and after a while you'll look at...