Tag Archives: Gathering

Synthetic Fur Coming into Fashion

As widely reported and recently confirmed on the PTRs, Arctic Fur will be tradable for 10 Heavy Borean Leather from a vendor in the professions region of Dalaran. This change will have several economic effects, the most significant of which will be the normalization in price of Arctic Fur with 10 Borean Leather.

Farming Arctic Fur, as most skinners know, can be a frustrating experience for the profit-minded WoW trader. A quick search of the item on the WoW official forums shows that the vast majority of posts related to Arctic Fur are complaints on abysmal drop rates. Blizzard has responded to the wall of skinning QQ by implementing a change that will allow a conversion of other, lower level, leatherworking profession items into the harder to attain Fur. This type of change is not entirely unprecedented in the game, the most recent example of which would be the implementation of the Abyssal Shatter ability for Enchanters. Unlike that ability however, the Arctic Fur conversion process will be useable by anyone, not just players that require the item for his or her professional crafting uses. This means that any enterprising and astute trader will be able to profit from any amount of price disparity by simply keeping a close watch on when the price of Arctic Fur rises significantly above that of 10 Borean Leather. Assuming there is no limited restock or cooldown of some sort (which, at present on the PTRs, there isn’t) it will be easy to rig the market to produce this profitable result. The vendor trade profit potential will be short lived, however, as eventually even casual traders will catch on to the change and the markets will stabilize.

On the larger scale, we wonder if this profession item trading ability is a sign of things to come in WoW. Blizzard mentioned at Blizzcon this year that they were going to make rare reagents available through guild membership so, it would appear anyway, that they are moving away from players struggling with attaining these types of items for crafting purposes. This will ultimately completely redefine these key trading markets and we can’t help but wonder what the long term economic effects will be. If the intent was to make the more rare crafting items easier to attain, why not simply increase the drop rate? The purpose of changes similar to this one must be that Blizzard is trying to redefine these markets.

When it is all said and done, it would be reasonable to expect that the longer term results of this change are going to be a constant equalization between the prices is of equivalent amounts of Borean Leather (in all of its forms) and Arctic Fur. If this should prove to be the case, expect to see a sharp rise in the price of Borean Leather and a modest decrease in the going rate of Arctic Fur in the wake of patch 3.3. There may be some opportunity for procuring inexpensive Borean Leather now, before this change is widely known, for either reposting when the price spikes or conversion to Arctic Fur when the change first hits and the prices are still high.

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All About the Patch 3.2.2 Economy

Here are a few observations about the post-3.2.2 economy based on reader tips we’ve received and the WoWenomics teams’ own observations. We hope you find them useful. Feel free to share your own observations in the comments section.

A Big Ol’ Cup O’ Hurt

The Tankard O’ Terror, a BoE mace dropped by the Brewfest boss, is now being heavily sold in the AH and marketed in the /trade channel. The prices on this item range widely from the area of 1,000 gold to 3,000 or so. Tobold put up a good post explaining that he sees this item being BoE as an oversight on Blizzard’s part and suspects that the item may be made BoP in the near future. We don’t necessarily see that as happening and, in fact, are sellers of this item as opposed to buyers. Currently we will purchase the item at bid levels below 800 gold and sell at any above 1,100. A few of our team members have generated a bit of income with this strategy but longevity is limited. As the event progresses we expect the price to continue to drop as more and more players attain one and post it. Longer term, however, the price of these maces may increase significantly if similar holiday events do not yield comparable weapons. This is to say that, come six months from now, any remaining Tankard O’ Terrors might catch a pretty penny (copper?).

Conversely, sales of the Titansteel Bonecrusher are slowing significantly as players can attain the higher item level Brewfest mace for approximately the same (or lower) price.

On a personal note, I’m pretty sure I drank from that tankard more than once during college.

My Orbs Dropped

No, that wasn’t another personal note. Rather, Crusader Orbs have dropped sharply in price, as they are now attainable for 15 Emblems of Triumph. We actually predict there will be a slight bounce back in going rate for these items as two things happen:

  1. Players will be attracted to the lower price thereby driving up demand and
  2. Players will exhaust their reserve of emblems thereby slowing supply.

Runed Orbs have dropped slightly in price (presumably because more players are crafting the higher level items that require the recently inexpensive Crusader Orbs)

Frozen Orbs have actually increased in price albeit marginally. This is possibly due to content distraction and connection issues. We expect prices to drop back to ‘normal’ levels shortly.

Counting Bodies Like Sheep to the…

Two new types of drums were released. Drums of Forgotten Kings and Drums of the Wild both offer what were previously class specific raid buffs but are now available as a Leatherworking crafted item usable by even non-Leatherworkers. Prices for the drums are being reported to us as between 100 gold and 300 gold. These prices are expected to drop somewhat in the coming days as Leatherworkers flood the market.

Most servers tested showed a sharp increase in the price of the materials required to craft these items. If you are a farmer/supplier of such goods, now is certainly the time to sell.

It is worth noting that the buffs granted by these items do not stack with the class-offered versions of the same.

A Script for Profits

Scribes are reporting success in selling their version of the open-class raid buff, the Runescroll of Fortitude. Current price point on all servers tested varied from a low of just under 10 gold each to a high in the area of 22. This item is also usable by all classes and professions and, similar to the drums, does not stack with similar buffs granted by priests.

In other Inscription news, we’ve received scattered reports that the going rate for a few glyphs is on the rise. Specifically, glyphs that cater to skills in the Mage’s Arcane tree are on the rise (presumably this spec became more attractive given the buffs it received) and we’ve also heard the same (although to a lesser degree) about the Glyph of Seal of Command due to buffs to that specific skill. A few other glyphs have been redesigned and sales are moving upwards or downwards as the community reacts to the changes. If you are a scribe you may wish to reassess your pricing and adjust accordingly.

All Your Buffs Are Belong to Us!

Players would be well advised to note that the buffs granted by the aforementioned drums and scrolls will stack with each other. Further, and perhaps more importantly, the buffs stack with those granted from consumables. Thus, you could theoretically use both types of drums, the scroll and an elixir of both varieties (or a flask) all at once- even while soloing. Take it away min/maxers…

One final comparative note is that the buff granted by the drums is 30 minutes long whereas the scroll grants a 60-minute stamina buff.

A Gem of an Opportunity

Raw gems continue to rise even while the prices of the cut versions stabalize. One area we’ve observed strong gains in price with Armor Penetration gems. This is quite probably a result of players trying to compensate for a nerf to this statistic that was introduced by Blizzard with this patch. Here is a full list of Armor Pen gems to help you plan accordingly. It should be noted that this rise was somewhat unexpected by our team. Rather, we would have predicted a decline in the price of these gems since their value has been nerfed. Perhaps that price drop is still to come.

Further Reading

3.2.2 Information (including the patch notes) from MMO-Champion
Further market predictions from WoW Confidential
3.2.2 Summary from WoWhead
Onyxia Flying Mount video (highlighted just because it’s so damned bad a**)

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The Secondary Market of Titanium

As we discussed a few days ago, Titanium Ore prices are at an all time high. As a result, the going rate for Titanium Bars is also experiencing a surge.

The WoWenomics team was discussing this price spike the other night when the conversation took an interesting turn. Our resident enchanting expert mentioned that he is seeing some benefit from the Titanium rush as it has allowed him to double his normal price for the vellums of Enchant Cloak- Titanweave that he regularly sells. He usually stocked about 20 Titanium Bars of which the enchant only requires two so he is still working off his stock but even if he had to purchase the bars at the AH at today’s high prices he would still be reaping a hefty profit. He presumes that players are willing to pay the higher prices because they assume that his costs for materials must have skyrocketed so the premium must be fair. The high Titanium prices, he says, also have the additional benefit of driving away competing enchanters who are, apparently, hesitant to spend the gold on the inflated Titanium thus further allowing him to dominate the market.

This revelation prompted our Blacksmith to speak up and say that he’s doubled the fee he requests for selling his Titansteel Bar cooldown to 30 gold. He told us that other blacksmiths will do it for less, and some potential customers balk at the higher price, but that he still sells the cooldown on any night he wishes to do so without too much effort. He is also making money from crafting and selling Titanium Rods and shield spikes at inflated prices and further reported a sharp decrease in the amount of competitors in both markets.

The engineer says his Titanium built items are also up in price although he didn’t have the foresight to stockpile the ore or bars so he only makes them from the mats he farms. But when he does the prices that he asks are higher and competition is also down.

Both of our jewelcrafters reported similar findings on Titanium related items in their markets.

Even our resident alchemist is reporting that he is once again finding it highly profitable to blow his twenty-hour cooldown on Transmute: Titanium instead of another transmute.

The point is that with the higher prices comes opportunity in many forms. Look for opportunities to profit off inflated Titanium prices in your own market and thus benefit even if you’re not a miner. If you’re unsure how Titanium might affect you take a look at the comprehensive crafted items list courtesy of WoWhead.

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Hot Item of the Week- Frost Lotus

We already had this week’s Hot Item of the Week feature written. We were planning to post about another item entirely when, in just the past 48 hours, we began receiving tips from readers suggesting that the market for Frost Lotus has increased significantly. On these tips we asked the WoWenomics team members to take a look at the herb on their individual home servers and, sure enough, they confirmed these reports. We’re not the types to go on circumstantial evidence, however, so to the test servers we go.

Of four servers tested, both Horde and Alliance sides, every single instance of testing showed an increase of more than 50% in the going rate for this item. The average price increase across all 8 tests was an impressive 68%. The fact that all four servers on both team’s sides showed significant increase tells us that this is more than just a few people manipulating the market. We won’t attempt to explain why the price increase is occurring but it stands to reason that, as we initially predicted, flasks are in higher demand due to the new content and most players have already sold of their stocks of the Northrend Lotus.

What’s most interesting about our findings is that not only is there a significant increase in price for these items but just how fast that price increase has happened. You see, we’ve been keeping a close eye on the prices of all Northrend herbs since we made our initial 3.1 predictions. In fact, in our initial post on the state of the post-3.1 economy just a little more than a week ago we didn’t even bother with posting the specifics of Frost Lotus as the prices remained only marginally higher than pre-3.1. Yet, in just the past 48-72 hours, the prices spiked across the board.

Is it a fluke? That, we can’t say for sure. However, if you’ve got a bunch of Frost Lotus stashed away you might seriously want to consider selling them off now. If your server is showing no change in the price of Frost Lotus you might want to consider investing in them in anticipation of the trend hitting your server in the coming days.

It also stands to reason that if Frost Lotus prices are up recently, then the price of flasks shouldn’t be too far behind. We have already seen a small increase in the going rate of Northrend flasks but nothing like what we’re seeing with Frost Lotus. Perhaps the flask price hike is just around the corner? It might not be a bad idea to pick up any flasks that you can get inexpensively for repricing should the market shift. And, as a reminder, don’t forget to revise your flask bid/ask levels as appropriate. Further to this point, if you anticipate needing flasks for your own purposes in the next few weeks you may want to think about picking them up now while they’re still cheap.

It would seem, for the time being anyway, that the Northrend herb has finally turned the corner towards profitability.

Tips on Gathering Frost Lotus

  • WoWhead lists the drop rate for Frost Lotus as 5% for all Northrend Herbs but our experience is that it seems to have a higher propensity to drop from the higher-end herbs, Lichbloom and Icethorn.
  • Wintergrasp has a few spawns of Frost Lotus specific nodes. These nodes have a 100% drop rate for the lotus.

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My First Gold- Harnessing Big Profit from a Low-Level Zone

My First Gold is a regular column dedicated to helping players level 20 and lower to start building their WoWenomic empire. Following these tips should help new players (and alts) expand their WoW wallets to afford training, trade skills and have a few gold left in their pockets. Higher-level players may find benefit in these tips as well, but every tip herein is intended to be within the capabilities of a player below the 21st level.

We are not big fans of farming (at any level)- we find it to be impractical as compared to other gold-making strategies unless you can group up several tasks at once for maximum efficiency. Today we’ll explore just such a grouping opportunity that can allow even a low-level character to make a couple of hundred gold in an hour while only having to deal with mobs lower then level 10.

Cake and Ingredients

It is rare that a lower-level player has the opportunity to sell an item to a player at the level cap. Yet the Children’s Week meta-achievement provides just this sort of opportunity.

As we mentioned last week in our Hot Item of the Week feature, Delicious Chocolate Cake is a required item as part of the Bad Example component. In that post, commenter and fellow WoW blogger Glinda pointed out the profit potential of supplying the other junk foods required for the achievement. This, in itself, is great advice since at least one of these items is sold in the cities on both Alliance and Horde sides. So it’s simply a matter of picking them up and putting them in the AH. Keep in mind that you should first check the AH price of the items prior to attempting to purchase them from a vendor for resale to be sure that you can still make money on the trade (prices are much lower now, half-way through the event, then they were at the start).

Another way for a player under level 21 to make gold this week is by supplying some of the materials required to make the aforementioned cake. The ingredients for the cake are as follows:

8 Simple Flour– sold by vendors (cooking)
4 Ice Cold Milk– sold by vendors (various)
4 Mild Spices– sold by vendors (cooking)
8 Small Eggs– looted from certain low level mobs
1 Flask of Port– sold by vendors (inn keepers and bartenders)
3 Mageroyal– looted by herbalists (at least 50 skill required)

A Closer Look at Profit Potential

While there is certainly opportunity and a small profit to be had by going to various vendors and selling these ingredients in the AH for a small margin, the big opportunity for lower-level characters comes in the form of farming Small Eggs and Mageroyal. Both of these items are easily gathered by almost all players but often a high-level player will not want to bother with going out to get them. Thus, an aspiring lower-level player can go farm them, while picking up some experience points and perhaps some gear, and resell them in the AH for a nice sum.

A list of all the locations from which you can find Mageroyal spawns is listed here.

A list of all the mobs that drop the Small Eggs can also be found on WoWhead.com via the link posted above. Ideally, choose the mobs with the highest listed drop rates.

Note that when you’re selling the ingredients and other achievement materials you don’t want to flood the auction house and push the market lower. List five or six at a time at most and re-post as needed.

A Unique Strategy to Maximize Your Profit

Our particular favorite place to get small eggs is Azuremyst Isle, the Draenei starting zone. An Alliance area, this zone is much easier to access to those on the alliance side but still reachable by Horde as well. There are several mobs in the zone that will drop the eggs that we’re after (with the further benefit of a comparatively high drop rate). These mobs are fairly well spread throughout the zone but this gives us ample opportunity to farm a few other items along the way.

First, for Alliance toons, note that one of the unique benefits of this zone is that there are no less than five ‘drop quests’ available from mobs within the area. All of these are quick and easy to do as they involve no effort beyond killing a few low-level mobs (all of which you’ll encounter as you search for your egg mobs) and take a minimum investment of time.

Of the mobs that drop these quest items, one of them is the Blood Elf Bandit. This mob should be searched for and killed every time you see him as he drops a highly profitable item, the Blood Elf Bandit Mask. This head-slot item has an extremely low level requirement (5), does not bind on equip, has no armor type requirement and looks pretty darn cool to boot. We regularly sell them for 40 gold each (confirmed on two different servers) in the AH. The drop rate is about 10% so you may have to kill a few mobs before you get one. As the target is stealthed, you might want to refer one of these maps for spawn points. Further, using a macro such as ‘/tar blood elf bandit’ will help you locate him if you’re having trouble.

Remember that, as with the eggs and herbs, you don’t want to flood the market if you pick up more than one mask so you can keep the price high. List one at a time and maximize your profits. You may also want to develop a bid and ask strategy for the item in the rare but possible event that someone else on your server is also farming the mask.

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Analysis of the Post-3.1 Economy

We’ve now had two weeks to assess the impact of patch 3.1 on the WoW economy. The general consensus has been that, while there were a few areas of opportunity, the Northrend economy overall is in a state of continued decline. We are certainly no fans of assumption here at WoWenomics so we chose a few items, specifically those items we based our own pre-patch predictions upon, to track with standard financial analytics. It is this analysis we share with you now.

When looking at the statistics below you may notice that there are three weeks of listed tests. The purpose of conducing three weeks of testing was to establish a baseline in the week prior to the release of the patch. Bear in mind that the day the patch was released to the (US) public was Tuesday, April 14th. The data listed below reflects the week of prices leading up to this date and the two-week period following.

Items we Predicted Would Rise in Value

Borean Man O’ War

3 week high: 40.84 on Sunday, April 19, 2009
3 week low: 18.51 on Monday, April 27, 2009
3 week average price: 23.22

after-3-1_1-borean-man-o-war

Of all the items we predicted an increase in price for, Borean Man O’ War saw the biggest increase in value in terms of percentage increase. This was particularly true if you invested when we initially recommended a buy on this item.

Eternal Earth

3 week high: 7.16 on Saturday, April 25, 2009
3 week low: 4.68 on Wednesday, April 8, 2009
3 week average price: 5.53

after-3-1_1-eternal-earth2

While we initially recommended investing in this item prior to 3.1 we amended our recommendation based on data that was released shortly before the patch was released. Yet, Eternal Earth still managed to increase in value over our testing period. Not a huge increase mind you, but an increase nonetheless. Interestingly, all three of the eternals we tested showed a spike in value on all servers in the days immediately following the release of the patch.

Eternal Fire

3 week high: 28.64 on Wednesday, April 16, 2009
3 week low: 18.97 on Wednesday, April 8, 2009
3 week average price: 21.95

after-3-1_1-eternal-fire

Prices for Eternal Fire have remained mostly stable showing only a modest increase over the three-week examination period.

Eternal Shadow

3 week high: 6.89 on Thursday, April 16, 2009
3 week low: 3.94 on Wednesday, April 8, 2009
3 week average price: 5.19

after-3-1_1-eternal-shadow

Interestingly, all tracked eternals showed their lowest prices on the same date. As the price increased from both the date of our prediction and the week prior to the patch date, we consider this prediction a success.

Gems

Initially gems did not show much promise for profit following 3.1. Recently however, the gem market seems to be showing promise. This reflects the fact that players are now attaining more new gear through both Ulduar and Arena Season 6.

Glyphs

The profits to be made in the initial days following the release of 3.1 were meaningful and well documented. Our resident inscription expert remarks only that “things have cooled” significantly since then.

High-end Cloth- Moonshroud

3 week high: 96.45 on Wednesday, April 8, 2009
3 week low: 81.82 on Tuesday, April 28, 2009
3 week average price: 88.97

after-3-1_1-moonshroud1

We chose to track Moonshroud for several reasons; the most prevalent being that we feel it has the highest potential for increase. That said, the price of Moonshroud has thus far not increased outside of specific price spikes described in our summary below. Further, the decline in price is representative of the decline of the other two types of high-end tailoring cloth. In fact, were you to lay the charts for all three cloth types over one another you’d find that they decline at an almost impossible to differentiate rate although the price points are different.

Icy Dragonscale

We chose not to track Icy Dragonscale statistically due to the fact that it experienced a very modest increase in price. In fact, the only remarkable thing about this leatherworking item, in our opinion, is just how unremarkable the price changes were. The prices of the dragonscales have remained at almost the exact same levels for the past three weeks indicating that, perhaps, the market had ‘bottomed out’ previously and this item has achieved some level of price stability.

Mana Regeneration Items

We did not track a specific item to represent mana regeneration as we feel there are simply too many options available to the player to enhance mana regeneration. We do note, however, that we’ve seen a modest increase in the going rate of +MP5 food and gems.

Popular Enchantments and Enchanting Materials

As we noted recently, we’re doing a brisk and healthy business in already-enchanted vellums. Beyond that, we are seeing server price spikes in specific enchanting materials but nothing consistent. If you’re in the enchanting mats business you’ll have to frequently check the AH so as to determine when best to buy and sell.

Relic of Ulduar

These reputation turn-in items have not yet shown a significant increase in price. They have performed instead in similar manner as the Icy Dragonscale listed above. The only interesting thing about these relics is that it is the single item that seems to have found a consistent price that is very close to being the same on all servers (the Icy Dragonscale, by contrast, is consistently in the same price range day after day but that price point varies from server to server). The Relic of Ulduar price is about 2 gold per item across every server tested. Prices for the past three weeks have varied by less than 5 silver from this standard on any given day and, remarkably, this remains the same price level whether the items are sold in stacks or as singles.

Titansteel Bars

3 week high: 102.39 on Tuesday, April 7, 2009
3 week low: 77.82 on Tuesday, April 28, 2009
3 week average price: 92.66

after-3-1_1-titansteel-bar2

Titansteel Bars have been the biggest loser so far in our pre-3.1 assessment. Prices have continued downwards in steady decline for the past three weeks outside of occasional price spikes unique to each server.

WoTLK Flasks

Flask prices have not been specifically tracked as they are a different beast entirely. The two-for-one flask split further complicated the issue. That said, we made a huge amount of gold off of flasks with the release of patch 3.1 and will, perhaps, explore the potential for flasks in a future post. Suffice it to say, for now anyway, that flasks are one of the best items to apply the bid/ask strategy to as it can prove very profitable.

WoTLK Herbs

There was no significant increase in herb prices outside of the occasional herb spike. We theorize that the majority of the scribes and alchemists intending to profit from patch 3.1 bought their herbs earlier rather than later. Herb prices have remained, for the most part, consistent throughout the patch.

Items we Predicted Would Fall in Value

BoE Valor Bracers

The decline in price that we predicted for these bracers is difficult to quantify as there is no simple way to track all the various bracers available and the items are typically sold ad-hoc rather than pre-bought and resold on the AH. Anecdotal evidence, however, supports our initial prediction for decline in that the messages observed in /trade chat by all WoWenomics team members clearly shows the asking price for the bracers to be dropping.

Dragonfin Angelfish

3 week high: 60.81 on Friday, April 17, 2009
3 week low: 44.16 on Sunday, April 26, 2009
3 week average price: 53.82

after-3-1_1-dragonfin-angelfish

This item is in slight decline although it is not for the reasons listed in our initial assessment. Rather, the decline here is caused by over fishing. We’ve provided a more in-depth analysis of the post-3.1 fish market here.

Frozen Orbs

3 week high: 92.75 on Sunday, April 12, 2009
3 week low: 70.16 on Sunday, April 26, 2009
3 week average price: 88.23

after-3-1_1-frozen-orb

Frozen Orbs continue to decline in value although it is difficult to differentiate whether this is due to the deflationary effect or because of the reasons mentioned in our initial hypothesis.

Mycah’s Botanical Bag

3 week high: 284.77 on Friday, April 10, 2009
3 week low: 159.18 on Monday, April 27, 2009
3 week average price: 225.16

after-3-1_1-mycahs-botanical-bag

This item has declined significantly since the release of patch 3.1. There is a steep drop in price a few days after the release that we attribute to the introduction of the new and improved herbing bag to the general WoW market.

In Summary

It should be said right off the bat that it is much easier to predict a decline in the price of an item in WoW than it is to predict a gain in value. This is mostly due to the previously established deflationary effect occurring within the overall game economy. Unfortunately you can’t short WoW items. So, while we did end up being entirely accurate in our predictions for declining value, this alone is not much to be proud of.

As far as our predictions for price increases go, we still reason that some of these increases may still occur as the new crafting patterns drop from Ulduar but, the fact is, the demand spike for materials will be small and short-lived. We’ve already seen examples of this on all of our test servers actually. Situations occurred on all four servers wherein the prices of a certain item like Ebonweave spiked significantly in a single test but prices were almost always normalized by the next test approximately12 hours later. These price spikes were not shown in the results above because they occurred at different times for each server and were thus normalized when combined with the statistics of other servers. What this does tell us, however, is that there is still opportunity for an individual to profit by timing their sales of specific high-end items with the spikes that occur on their own servers. Whether or not you’re interested or capable of watching your server’s economy that closely is, of course, a different story. We do advise that you check frequently, or otherwise liquidate strategically. We do not advise holding items for the long term as that strategy is counterintuitive to the overall WoWenomics game.

We will be continuing our testing and tracking of the prices of the above listed items (and a few others) over the next few weeks as we continue our analysis. If there is enough interest in these types of posts, we’ll put something together and share our results with you.

A Few Notes on Our Testing Methods

It should be noted that all of the listed prices are in the ‘Fair Price’ format, a price measurement scheme that is explained on our Terms page in detail. The listed value of items is the fair price of the items as listed in the Auction houses of four servers. The prices that we show are the average of the listed prices on all four servers. Prices were measured at two points during the day and on both horde and alliance sides. Thus, the final listed ‘Fair Price’ that we tracked and shared is the average of both day and night prices over four servers on both the horde and alliance sides. Prices were measured at the same time daily on each server for the sake of consistency. A fifth server was also tested but not factored into the above listed prices as a control test for our results.

On the day that patch 3.1 was released to US servers, April 14th, data was not recorded due to server stability issues. Therefore, the data listed for April 14th is an average of the day prior and following day’s data. Similarly, on Tuesdays following the patch, servers were unavailable for AM testing times so only evening data is listed. We don’t feel either of these averaged scores significantly affected the outcome of our tests and only mention it now in the interests of full disclosure and transparency.

On a personal note I’d like to send a big thanks out to the WoWenomics team members for measuring and recording their data and returning it in a clear and timely fashion.

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Post-3.1 Quick Observations

Just a few quick observations to assist your weekend trading. The following events are notable to us because we’ve seen these changes on five different servers, which tells us that these are consistent WoWenomic trends, not just single server anomalies.

  • Eternal Life prices have taken off. All servers show at least a 100% increase in going rate from the weeks prior to patch 3.1. If you have a stock of these it may be time to sell although many of us feel the price can still move a bit higher.
  • The continuing decline in the fish business due to massive over-fishing has now spread to the Guru’s Elixir market. We advise, for you turtle hunters, to follow our guidance in our initial post on the matter and target Borean Man O’ War pools or Dragonfin Angelfish pools.
  • The Book of Glyph Mastery continues to lose value as we predicted it would in our feature on the item a week ago. We’ve actually been studying the loss in value quite closely and will share our results after we complete our testing cycle in a few more days.
  • Our flask business is very strong. All five servers show prices above half of what flasks were selling for pre-3.1 (the common expectation was that flasks would be half the old price since they split 2 for 1). In related news, four out of five servers showed an increase in price for Frost Lotus. None showed a significant increase in Northrend herb prices however.
  • Prices for Saronite Ore are at the lowest levels we’ve seen since the launch of WotLK on every server we checked- on both Horde and Alliance sides.
  • Our enchanted vellum business increasingly shows impressive returns. The high-end, end-game enchants are solid winners as are several low-level enchants as twinks fight to stay relevant. Blank vellum prices have, however, gone down significantly but this only helps our enchanting business.
  • We are seeing occasional spikes, at different times on varying servers, in demand for high-end cloth and Titansteel bars. Prices will spike and then return to a lower level as more players try to get in on the action. We assume the price spikes are related to the drops of patterns from Ulduar. We further expect that prices of these materials will continue to spike, and possibly increase overall, as the guilds progress further into the instance.

We’ve got an in-depth post-3.1 analysis coming soon. Be sure to stay tuned to find out exactly how markets have behaved since the release of this patch.

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