Welcome to episode fourteen of the Marcus Ty series of gold making podcasts. In this episode your host, Marcus Ty, and Nev of the Blog Auction House Addict, talk about the their visits to the Timeless Isle and making gold between expansions.
Marcus explains why it’s important to make sure you’re wearing the right tinkered cloak when visiting the Timeless Isle and Nev explains why it’s better to catch an albatross when attempting to cross the broken expanse to Ordon Sanctuary.
Nev and Marcus discuss the EU Hearthstone beta.
This show was recorded on Saturday September 28th, 2013.
I’ve made so much gold in World of Warcraft – several million over many alts – that I don’t really keep track of it anymore. With so much gold in my collective bags I’m often asked by other players what drives me to keep making more?
What keeps driving you to make gold? What do you do to avoid getting burnt out?
I’ve always loved making gold – both in the real world and in Azeroth. In the real world I used to work for an organization that traded in physical gold bullion. I built computer systems that tracked and managed the yellow shiny metal. I guess it was the TradeSkillMaster of its day! So it was natural that when I first started playing World of Warcraft that I should be drawn to the virtual gold economy of the game.
Now talk to any gold maker and he or she will tell you that no matter how many millions of virtual gold one has, there’s always the need to make more! But it helps to have a challenge in the game and when I first started down the road of serious gold making my primary goal was to make enough gold to buy my first epic mount. Those amounts of gold now seem ludicrously small, but having an end-game in sight helped to keep me focused.
So now I have several million gold I ask myself what is the next goal? For me it’s not about the amount of gold I’ve amassed but the continued exploration of the wow gold economy. I can honestly say that I’ve not come close to exploring all the possible markets that exist on the Auction House and I’m always learning new tools and techniques to make gold efficiently. For me, its the continued refinement of my gold making techniques that drives me to make gold.
But it’s easy to get burnt out. You need to balance the making of gold with the rest of your game-play. This is true in the real world as it is in Azeroth. My advice to new players just starting out on their quest to their first million gold is to strive for a balance in your game-play. Sure, set gold making goals – but not to the exclusion of all else in the game.
For me, it’s time I set some new goals – perhaps I’ll level a new character on a new Realm. I’ve always said that I should level a Horde character all the way through to level 90 and make as much gold as I can in the process. Now there’s a challenge!
In episode 10 of the Journal of Marcus Ty Podcast I talked about how to set up a shopping list in the new beta version of TSM2. In this post I’ll give you a brief how to guide on the new shopping features of this addon and how to transition your existing lists.
If you’re familiar with the first version of TSM then you have probably already set up a few ‘Shopping’ or ‘Dealfinding’ lists in the addon. In TSM2 the developers have changed the architecture of the addon and replaced the familiar shopping list features with ‘Shopping Operations’ and a new ‘Shopping Module’. In TSM2 the terms ‘Shopping List’, ‘Dealfinding List’ and ‘Snatch List’ essentially mean the same thing. It’s really what you use them for. In this post I’ll use just the generic term ‘Shopping List’.
If you haven’t yet installed TSM2 my advice would be to ‘Export’ all of your shopping lists and paste then into some form of text editor for later use. You should probably also follow the migration instructions over at TradeSkilMaster.com on saving your system variables.
Here’s the basic method for setting up any form of shopping list in TSM2:
First create a group that best describes your list e.g. ‘Alchemy Snatch’.
Populate the group with items.
Create a ‘Shopping Operation’ for the group e.g. ‘Alchemy Snatch’.
‘Attach’ the shopping operation to the group.
Search using the ‘TSM Group’ feature found in the ‘Shopping’ tab.
I’ll expand each of these points below.
Creating a Shopping List Group
Creating groups in TSM2 is very easy. If you need help then refer to my TSM2 overview post below. Try to give your group a meaningful name e.g. ‘Rare Patterns’ or ‘Transmog Plate’. When you first create your group it will be empty of items. Your next job is to populate the group with the items you’ll be searching for i.e. your list.
Populate your Group
If you already have export lists for TradeSkillMaster then simple paste the list into the Import input field: Group->Import/Export->Import.
If you’re starting from scratch then type the ‘Item Id’ of the item into the import field. So, for example, if I want to add the recipe for Elixir of Dream Vision to your group, search for this item on www.wowhead.com and get the item id by using the ‘Link’ button and grabbing the ‘Markup Tag’ which in this case is [item=9297].
If you want to add multiple items to your group then simple type in each item id separated by a comma:
Create a new Shopping Operation from the Operations Module:
Operations Module->Shopping. Highlight the option ‘Operations’ and enter the name of your shopping operation.
You’ll note that the only thing that you can do with this operation is set a maximum price. In this example I’ve used the TSM2 variable AucMarket to indicate that when I search for the items in this group I’m only interested in items 25% of the Auctioneer’s Market Price. If you are using TSM2 own scan data then this would read 25% dbMarket (case insensitive).
Note: if the box ‘Show auctions above max price’ is ticked then all items will appear in the search but will be marked as x% above market price which can be useful in some instances.
Attach the Shopping Operation
Now that your shopping operation is set up you need to ‘attach’ it to your group. simple go back to your group and under the operations tab select your newly created shopping operation from the pull-down menu.
Shopping in TSM2
Now that your shopping group and operation have been set up it’s just a matter of executing the search under the tab ‘Shopping’ on the Auction House interface. If everything has been setup correctly then your ‘Shopping Group’ should be listed in the right-hand panel.
TSM2 now provides you with a very flexible way to search for items on the Auction House. By setting up Groups in TSM2 and apply Shopping Operations all manner of Shopping, Snatch and Dealfinding lists can be created. Over the coming weeks I’ll be creating new shopping lists of some of my favorite items that can grabbed from the Auction House and sold for a vast profit.
If you want to be kept updated with my latest lists and offers for my guides then why not subscribe to my mailing list or better still download a copy of the Journal of Marcus Ty series of gold making guides.
Welcome to episode Ten of the Marcus Ty series of gold making podcasts. In this episode your host, Marcus Ty, and Nev of the Blog Auction House Addict give you hints and tips on shopping for World of Warcraft gold while trying to record the podcast in a thunderstorm.
Marcus explains how to create shopping lists in TSM2 and Nev explains how to create lists in Auctionator. Marcus explains to Nev the Lazy Girl guide to shopping.
This show was recorded on Friday August 2nd, 2013.
What is your definition of a good gold maker? How do you measure gold making success?
During the last show of the Journal of Marcus Ty Podcast, I was asked the question ‘What makes a good gold maker’? I thought about about this for a while and considered, well, what makes a bad gold maker? In this post I’ll give you my thoughts on the good the bad and the ugly aspects of gold making as I see them in today’s markets of World of Warcraft.
I set out to learn how to make gold back in the days of Vanilla WoW. In those days, the virtual market place in Warcraft was a relatively relaxed place to hang out in. No one was hung up on getting gold capped and idea that you could amass one Million gold was considered foolish.
In those early days of WoW I jumped in and out of the Auction House and traded just enough to make the gold I needed for my daily adventures in Azeroth. Like most players today, I considered time the real enemy and I judged my gold making a success if I could complete my trades within 15-20 minutes and collect my gold from successful auctions at the end of the process. I would then use the rest of my game-time to quest and generally explore the rest of Azeroth. Over the years I’ve exploited the Auction House so well that I’ve amassed many millions of gold over several alts and the Blizzard Gold Cap of 999,999.99.99g seems artificially too low.
If I roll the clock forward to today, the Auction House today is a very different place to what it was in vanilla WoW. The processes are still the same, but the competition is much fiercer. Many more players are savvy to the goblin ways of trading (I like to think I had a hand in that) and once lucrative markets have come and gone. I still make most of my gold from trading on the Auction House and time is still the enemy. I spend a little more time these days exploring new Auction House markets and gold making techniques – not because I need the gold – because I love writing about these techniques and helping others get to their first Million gold in Warcraft.
So my definition of a ‘good’ gold maker is one that can efficiently exploit a wide variety of changing markets to maximize a profit from the time and gold capital invested.
Time is an important factor here. Many players still resort to buying gold because they are time poor, so gold making techniques that rely on a player camping out on the Auction House 24×7 continually listing and cancelling their trades doesn’t really cut it. Players that don’t factor time into their techniques aren’t ‘good’ gold makers. They’re not efficient.
Making a profit here is important. It doesn’t matter how much gold you receive in your mailbox if you’ve spent more gold crafting and listing your items in the first place. Using just revenue as a measure of success is poor gold making.
A good gold maker knows that markets come and go. Things never stay the same – not in the real world and not in Warcraft. The Auction House changes after every patch and good gold makers adapt to changing markets. They know and sell what’s in demand.
Finally, it helps to remember why we play World of Warcraft in the first place. For me its always been about hanging out with my mates and having fun. The same for making gold. Once it starts to become a second job, it’ll be time to stable my mounts and hang up my armor.