Over Jon’s Shoulder #4: Cross Faction

Cross Faction Trading Revives the Glyph Market

I kind of hate to keep harping on the glyphs market, since there are so many, many other opportunities you can set up for huge auction house profits. But glyphs have been such a big gold maker for me this year. And I know some of you are bummed out by the mess that has been created in this market niche since patch 3.1. So I can’t resist one more kick at the can, so you can see how I’m still making several hundred gold per day with glyphs, in spite of everything :)

Also, this gives me a chance to show you how to carry on cross-faction trading efficiently by using Auctioneer add-on’s “Arbitrage” search function. Once you’ve spotted a cross-faction trade opportunity, Auctioneer can simplify the process for you… a lot!

The main points to get out of this over-my-shoulder demo include:

  1. there are a lot of inexperienced sellers dumping high-value glyphs at low prices
  2. it’s very likely that you’ll see big differences in pricing between the Horde and Alliance factions on your server
  3. you can take advantage of the situation to make massive gold profits fast
  4. Auctioneer Advanced has an “Arbitrage” searcher module that can help you do cross-faction trades more easily
  5. you still need to rely on your own tracking skills and item knowledge (rather than Auctioneer’s average price data) to maximize your profits… even though the margins on cross-faction trades may be enormous

Now, if you don’t know anything at all about cross-faction trading, watch this video closely, and I think you’ll get the idea. Then run over to my Massive Gold Blueprint site and get my MGB gold guide videos, x-faction is one of the power techniques I explain in detail in the Blueprint method.

Happy gold making!

– Jon

Over Jon’s Shoulder #1: Glyph Frenzy

Patch 3.1 Brings Explosion of Demand for Glyphs

 

First of a new series of video, raw and unedited :) Watch over my shoulder as I play the auction house, and explain what I’m doing… and why.

Today, the action is in glyphs, thanks to the explosion of demand for glyphs caused by:

  1. new glyphs introduced in patch 3.1
  2. dual specialization, so serious players need twice as many glyphs as before
  3. changes that buff quite a few pre-3.1 glyphs

So that all adds up to high prices, right?

Well… not exactly. While there are way more glyphs moving through the auction house this week, and demand is stronger than it has ever been before, the buzz about glyphs has also brought a lot of Scribes (Inscriptors?) into the auction house. And it seems like many of them haven’t go a clue what they’re doing.

And the result is: prices all over the map, and a lot of hair-pulling amongst those of us who are regulars in the auction house, and steady traders in glyphs.

Look over my shoulder to see how I’m handling this weirdness, and I’m sure you’ll find a few ideas you can use yourself for profit and gold.

Some of the key things to keep in mind…

  • You can’t afford to let inexperienced sellers kill the market with their drastic under-cutting: fight back!

Make 500 Gold per Hour With Glyphs

Look over my shoulder as I reveal my Glyph pricing secrets!

 

In this video on “Working the Glyph Market,” I give you an inside look at the exact techniques I use to make 500g and up per hour selling glyphs in the auction house.

Some of the key things to keep in mind…

  • Glyph prices are arbitrary, they have almost nothing to do with the cost of making the glyph
  • Your goal when selling glyphs in the auction house is to earn as much gold as possible
  • Undercutting your competition is not always the best approach
  • Establish realistic target price levels for each category of glyphs, and stick to these levels
  • You can make the market and establish high prices by persistently posting at high prices
  • You “win” in the auction house when you have more information than the other sellers
  • Focus on buying and selling the best-selling glyphs (Northrend glyphs, Minor glyphs, Death Knight glyphs)

Now watch the video, take some notes, then get out there and make some gold :)