How To Make Gold In The World of Warcraft
World of Warcraft Gold Farming Tips are plentiful, but gold farming is a tough business. Have you ever wondered why some items in World of Warcraft sell for a lot of gold and then other items for mere silver or copper?
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Even more so, you notice that on other servers the same items are fetching huge amounts at the auction house.
Well, World of Warcraft fans, the economy of the game is very much like a real world free market economy. Supply and demand is a very important lesson with regards to World of Warcraft…especially for you gold farmers out there!
So, what does this mean exactly? Well on some of the older servers, you have a whole legion of seasoned players who can go anywhere and harvest just about any thing in the game pretty easily. This means that if you are a young, new entrepreneur to the game, you are going to want to do one of two things. You might want to consider a newer server where many of the player characters are young (low level). Or, you might want to concentrate on some of the lesser harvested items that people do need regularly. (Supply vs Demand)
The second option might not yield as much silver/gold in each sitting, but over time you can amass great wealth by being consistent with it. Plus, you build a reputation of being the go to person when someone needs something.
Let’s review supply and demand a little more. When you are at the auction house, take a look at what items are being sold. Look at how many listings, pricing etc. This is your research component. High supply with low demand is going to equal poor results for you the seller. Obviously you want to look for high demand with low supply ie tough to get items.
In World of Warcraft, tough to get items doesn’t always mean hard to find…they could be items that people just hate to have to grind out. The dirty jobs if you will. Trust me, in the real world, there are plenty of dirty jobs out there that no one wants, but someone does and gets paid for well!
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Here is an idea that is used well in real world free market economies…control the market. Where have we seen this? Dell Computers, Microsoft, AT&T are all examples of conglomerates that have or had control of their markets and therefore could command or dictate a price.
This same idea can be used in World of Warcraft by finding ways to be the sole seller of an item. If you are looking to sell an item that is currently being sold for far less than it should be at an auction house, this might be an opportunity for you. If you can purchase all of those items and then re-list them at a higher price, you might be able to drive the market for some time.
The World of Warcraft Economy is very much like a real world free market economy. Try to use things you have seen or observed in the real world and apply them to the game, who knows you may be able to get rich!
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Best World of Warcraft Guides
Warcraft Millionaire is one of the most popular WoW gold guides available on the internet. It is the system that has outsold and outshone all of its competitors ten fold. Warcraft Millionaire is a gold guide written by Brad Johnson. Out of all the WoW gold guides on the market Warcraft Millionaire definitely has a twist to it. Not only has the author decided to make a guide on how he makes massive amounts of gold in WoW but he is also the first player ever to reach 1,000,000g.
Nyhm’s Warcraft Guides package contains best strategies for making WoW gold, speed leveling, profession leveling and PvP. Nyhm’s guides will allow you to make over 250 gold per hour, level from 1 to 80 in less then 7 days, level professions lightning fast and become a PvP master killer. Package includes In-Game MapMod, updated for World of Warcraft Wrath of The Lich King, that serves for both leveling and gold mining.
Warcraft Wealth is a new gold guide for World of Warcraft. Wayne Williams wrote it based on his experiences as a gold seller. While I already have a couple of different gold guides, I figured I might as well take a look at this one too because I’m always looking for ways to get more gold. The guide itself is well put together and is very easy to follow. There is noobie section which shows some simple and effective ways to get gold straight away.
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