Saturday, February 18, 2012

In The Black

So I am starting the 6th day of this case study; I am in the black as the saying goes, I've started to make profit.  I've included inscription in the mix because I invested quite a bit of cash during the darkmoon fair and maybe you guys will be interested in seeing how it turns out.  This type of information may be useful for the darkmoon fair in mop.  The big "if" is how good the trinkets are.  Tsunami and Volcano and greatness before have been the sort of trinkets that are exceptionally strong.  They perform way better than their item level suggests.  The new darkmoon trinkets may not be this good.  If the new ones are equal to the monsters they've given us in the past, then the fair is definitely worth investing in.
   
With my jewelcrafting this week, I've sold probably 2/3 of my red gems and most of my oranges, but raked in 22,626 gold.  This is a thrilling profit for almost a week.

I never really fixed or restocked my enchanting market, but my profit margin was a respectable total of 8,882 gold.  I definitely could push this one harder if I diversified.  The amount of dust I have left is woefully high and probably will not sell easily, if at all.  The enterprising investor, keeps it for people that might try to level their skill in mop.  Great if you have a few enchanting bags on an alt or a guildbank of your own to store stuff in.


I had mentioned I'd made almost 50k since my low point during the darkmoon fair between selling a few decks and glyphs.  With a constant flow of glyphs selling (already down to two bags of ink in the bank and have reduced my crafting amount drastically) and selling a handful of decks, I've pulled in 38,232 gold.  To be honest, I need to push the decks harder and I am alarmed about how few I've sold.  On the other hand, I am still confidant, they'll continue to sell over the next month.  I've resold about 7 stacks of volatile life as well.  I was buying them for 5 gold per and selling for over 12.  That's a great payoff.  Normally, I would stockpile life for making more darkmoon cards for the next fair, but I really am beginning to think I'll avoid doing the fair in the future.  My current stockpile of cards will likely last.  Admittedly, I've told myself this many times before and always find cheap whiptail that changes my mind.

My grand total is 69,740 gold!  The gems and enchants have turned about a 10 percent over what I invested in them.  From here on out, everything I get from the remainder is pure profit.  Glyphs and the fair continue to great cash cows, but this is partly due to the time I invested in them.

If you are wondering why I focus on these professions, I talked about in my early entries that inscription had strong barriers to entry.  The thing that should be noted about jewelcrafting and enchanting is you get repeat customers often.  The basic progression in Warcraft leads to a constant flow of upgrades.  Most players want to be "the best" so they will always gem and enchant their new gear.  Whether this is for pvp or pve, is irrelevant.  The desire to be strong is constant.  Thus, these professions are highly contested and highly sought after.

Anyway, happy selling...unless you are on my server!

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