Total gold acquired: 47,426.6094
What I've learned:
- Patience is key. If you don't have it, get it now because it will make you successful regardless if you do have and practice patience or it will break you if you do not develop and practice it. While I got impatient sometimes, I made myself become patient and I have been successful.
- It is good to observe items to see the full range of prices and to know if you see an item listed below the range you have been seeing, to buy it to resell it.
- It is a good practice to test items by posting on the auction house. Many pipelines that I found were through the resell search from the add-on Auctioneer. After scanning a min. of three days, perform a resale sale. However, do not buy everything you see listed. Use your noggin and search the auction house of that item to see the cheap item isn't low by several copper or gold. If it is more than several gold, buy it, and re-post for higher than you buy it.
- I use the three day limit. If an item does not sell after posting it three times, I will lower the price considerably because it is apparent that the price is either to high or the demand is not there. After three more days and no sales, I will lower the price once again just above the vendor price to get rid of it. If no opportunities present itself, then I will vendor it.
- Be flexible. What you think is the real price (which there isn't a real price; it's only what the players are willing to pay) may not be. Sometimes an item may be worth 20 gold but players just do not want to buy it at 20 gold. Sell it for the price that it sells. Inch the price up gradually, but once you hit that wall, don't push. In the future the demand for that item may change and increase, but wait it out and be patient.
- Make a commitment to do this and act. Know what you want to do, why you want to do and just do it. Action is key.
- Read about other people who are doing the same thing or similar to what you are doing. It is good to have a role model to help you with new ideas.
- BACKUP YOU AUCTION HOUSE DATA!!!!
- Join gold making forums and read, read, read. (The Consortium WoW Gold Forum is very good for information and the Massive Gold Blueprint forum is good too)
- Stay positive. See every shortcoming as an opportunity to learn to do better. There is nothing wrong with making mistakes. It is the only way for us to learn. Learn from the mistakes from other people also.
- Research items. Know what they are used for. See if you can use the items to make something else that may be more in demand that the original item.
- Join TUJ (The Undermine Journal) website. Open an account, learn how to use the site, and use it for your advantage.
- Know your competitors. Once you have your pipelines, know other competitors, when they get on and post their items. Know their patterns. Add them to your friend's list. You can even chat with them if you want, but be respectful to them.
- Also look into joining WoW Auctions. It is a similar website like The Undermine Journal. Know it, use it.
- Most importantly, have fun. If you are not having fun making gold with playing the auction house, do something else. Put you own swing to it. Create your own way to making gold. Just make sure it is within the rules of Blizzard. No buying gold! It is against the rules and it does not cost anything in making gold in the game. Why not do it the right way instead of the wrong with the risk getting your account banned.
My thoughts:
- I enjoyed myself overall
- I am proud that I stuck to the blog day after day
- I stuck with the program and that is an achievement itself.
- I am glad there was a website for this gold speed run. Even though it was not complete, the information (the foundation) is given to you in week 1. Week 2 gets more into detail into what you were doing in week one. Week 3 gets even deeper into what week 1 is talking about. I don't know what is in week 4 since that week is closed off, but I am sure it probably other details to use while working to auction house. It disappointed me that the site was not properly setup. I am sure that the creator will do a better job next time. But, I do not think the program is a scam. It helps you to really understand the goings of the auction house. It does cost some money to get into the program but it was worth it to me. All the information you need is in week one. That's it.
- For the server I was in, it was low population and I am glad that I did get on it. My main server is much healthier and I got every crafting profession on my characters. I am sure that I will be able to make what I made on the testing server on my main server very easy.
- Thank you those who read each and everyday. I received no comments and I was not looking for them but I know some have been reading. I hope I helped in some way. Thank you all and bye.
