Tag Archives: Herbalism

A.B.C. (Alterac Brings Capital)

A quick trip to the Alterac Mountains can often bring in a fairly hefty sum of gold if you know where to look and what to do while you’re there. Here are the sights and NPCs to visit if you want to know how to conduct a profitable trip to the mountains. We’re willing to bet that you haven’t heard of all of these…

Frost Oil

Deep in the Alterac Mountains, just beyond the Hillsbrad Foothills, high atop a wall guarded by once mighty ogres (seriously, they used to be elite) sits Bro’kin. Bro’kin, a Boooty Bay aligned goblin, is an otherwise unremarkable Alchemy vendor with the exception that he is the only NPC that sells the Frost Oil Recipe. This oil, while fairly outdated by current standards, is still highly profitable due to the fact that it is a required turn-in for an old leveling quest, Coolant Heads Prevail. This quest line is still completed by alts and veteran players alike because part of the chain awards a fairly unique trinket, the Nifty Stopwatch. This old trinket still has use for running long distances when you can’t mount. PVPers will like it for running flags; Bankers will like it for the occasional speedy mailbox/bank/AH run. The oil is also used, albeit a lot less frequently, for the old Dire Maul Tribute run.

The point is that you’ve got a fairly steady demand and a limited supply which means a good potential for profits. Pick up a few copies of this recipe from Bro’kin for less than a gold each and learn one (if you’re an alchemist) and sell the others for as much as you can in the AH. We typically wait until no one else has one posted to post ours and then we price it in the area of 30g each, one at a time.

Note that you’ll have to wait a few minutes before purchasing the recipe again as it is a limited supply item. So what do you do while you wait? Well we’re glad you asked…

Nodes

There are various ore and herb nodes appropriate to the level of the quests and mobs in the zone but the standout winner here is a key component of Frost Oil, Wintersbite. This herb can be picked by herbalists of requisite level and is found only in the snowy mountainous areas of this zone. The nice thing about this herb is that this is the ONLY area in which it grows, so if you have extras after crafting your own Frost Oils they can be sold for pretty high prices.

If you’re an alchemist/herbalist (or are friendly with one) you are now in the business of selling the Frost Oil recipe, the oil itself and the requisite herbs for crafting of the oil. You, essentially, control this tiny market. Savvy traders will even take steps to ensure that the price of the herbs remains formidably high such that even if other players buy the recipe from you they find it unprofitable to craft a bunch of the oils to compete with you. Muhaaaahaaaahaaaaa!

A Bonus Rare Engineering Schematic

But wait, there’s more… Did you notice the little guy in the cage during your Alterac Travels? Rizz Loosebolt is another obscure Alterac vendor, this time of the engineering variety. Like Bro’kin, he is friendly to both factions and sells various trade items but has one recipe in limited supply. This time it is the Ice Deflector Schematic which is a bit of a harder sell (there’s no quest associated with the crafted item) but it does sell to completionist Engineers (many haven’t even heard of this schematic). While you’re talking to Rizz, you might also want to buy out his supply of Gyrochronatoms which usually sell at a hefty markup in the AH to lazy players that don’t bother finding them elsewhere for less.

In an interesting example of WoW synergy, it is worth noting that Frost Oil is a required crafting component of the Ice Deflector and one of the Gyrochronatoms are required for completion of the afore mentioned Nifty Stopwatch quest line.

Something Else to Think About

Did you do your Alterac Valley quests? There are a whole slew of them available in your race’s AV cavern. Quest givers are located about half way down each tunnel. Both factions’ tunnels are located symmetrically on opposite sides of a path between the mountains that make up the border of the Hillsbrad Foothills and the Alterac Mountains. An informal poll amongst friends and family showed that most players, particularly those that started playing within the last two years, have never even heard of these quests. They are easy to do and are often completed along the course of attempting to win the AV battle. In fact, the hardest thing about completing these quests is simply finding the quest givers. So what are you waiting for? That’s some easy XP/gold right there? These quests might prove particularly lucrative to those players attempting to level with PVP as it just becomes an added bonus to what they are already doing.

You’ve now got yourself a little, agreeably unusual but highly profitable, farming circuit from the old world. It may seem counterintuitive to spend time visiting these old areas but we would argue otherwise, because who knows what the availability of these items, vendors, quests and even zones will be after the Cataclysm hits? May as well head out there now while you still can.

Advertisements

3 Comments

Filed under High Profit Items, WoW Gold Making Tips

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.

5 Comments

Filed under High Profit Items, WoW Gold Making Tips

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.

4 Comments

Filed under High Profit Items, My First Gold, WoW Gold Making Tips

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.

11 Comments

Filed under WoW Economy News, WoW Gold Making Tips, WoW Market Commentary, WoW Market Data

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.

2 Comments

Filed under WoW Economy News, WoW Gold Making Tips, WoW Market Commentary

3.1 Changes to Crafting Reagent Requirements

As a follow-up to yesterday’s post regarding the 3.1 crafting list from WoR, we wanted to point out another fantastic 3.1 WoW professions tool that works nicely with the resource from WoR: The Reagents Changes List from MMO-Champion.

Sorted by profession, this tool allows crafters to see what source materials will be changing with the implementation of patch 3.1. Take a look at the tab for your chosen profession and make note of items that you may now need (or, as in most cases, no longer need) to craft some of your most popular items.

The following is our quick assessment, by profession, of some of the key 3.1 crafting materials changes that we suspect may have an impact on the WoW economy or your finances in particular:

Alchemy-
The two most notable alchemy changes are
1) The removal of Fire Leaf as a required reagent for the Flask of Endless Rage. Right off the bat, we can estimate that this will bring the price of the Northrend attack power flask more in-line with the other three current end-game flasks. Further, we also predict a significant decrease in the going rate of Fire Leaf and suggest you sell them off now while you can still get top dollar for them. As we expect the rage flask to also drop slightly in value, you may also consider selling off any stock you have now and re-crafting them again later when they no longer require Fire Leaf and, are thus, cheaper to make.
2) The removal of vials as a necessity when crafting several types the various alchemical oils. Expect marginal impact beyond slightly lowering the crafting cost of the oils themselves and thus, a small increase profit margin when they are crafted for purposes of profit.

Blacksmithing-
The two most notable changes in materials to blacksmithing are
1) Reduction in amount of Enchanted Thorium Bars required for two items. This could marginally reduce the price of these bars but we don’t really see an impact given the outdated nature of these older items.
2) Removal of Jet Black Feather, Bloodvine, and grinding stones from several items. Again, we see minimal impact here and will file these changes in the ‘too little, too late’ folder.

Cooking-
Two notable changes
1) Most older, pre-WotLK, items have had their spice or purchase reagent removed. This should allow for cheaper or faster leveling of the cooking skill but will have minimal economic impact.
2) The inclusion of at least three new cooking recipes (although the list from MMO-Champion doesn’t list them as new, we assume that Pumpkin Pie and Slow-Roasted Turkey are new items as well) that call for new reagents. The economic impact of these items will depend on how the new reagents are attained. Our theory is that, given the seasonal nature of these new recipes, they are part of a future in-game holiday event although a quick look at the proposed Noblegarden achievement list provides no additional guidance.

Enchanting-
Enchanting will be getting an overhaul in terms of a significant decrease in the amount required materials for many popular enchants. The complete removal of Nexus Crystals from several items will reduce demand and price for this type of crystal so you may wish to sell your stock of them now. The most glaring change we notice is the overhaul of the Lifeward weapon enchant. The incoming changes will reduce the cost of this enchant from approximately 400 gold to close to 20 gold. That’s a major change and may increase the popularity of Lifeward. Again, many other enchants are also having their material requirements reduced, possibly reflecting Blizzard’s intent to make this profession less of a gold sink and easier to level.

Engineering-
Minimal changes and minimal economic impact. Minor reductions in some source materials. Overall this reflects Blizzard’s stance that Engineering is “working as intended.”

Inscription-
Many new glyphs added. As these new glyphs become more common they may positively affect the prices of Northrend herbs and inks.

Jewelcrafting-
Several new recipes and reduction in required materials for one item. Also possibly reflects the “working as intended” stance from Blizzard.

Leatherworking-
The most notable change to the leatherworking profession is the significant reduction in the amount of the various types of leather required to craft many older items. This, perhaps, reveals that Blizzard intends for this skill to be a bit easier to level but also leaves skinning as a profitable gathering profession in a little bit more dire of a state.

Tailoring-
A few reductions in materials requirements but what stands out to us most is the removal of Ironweb Spider Silk from many recipes. This should significantly reduce the cost of this type of spider silk which already didn’t sell particularly well.

Good luck in your crafting efforts post-3.1. Thanks again to MMO-Champion for the handy resource. We’d also like to take this opportunity to remind our readers that you can find permanent links to MMO-Champion, WoR and many other informative sites on our resources page.

2 Comments

Filed under WoW Economy News, WoW Market Commentary

The Darkmoon Faire Effect

Our resident Inscription expert recently made us aware of an interesting correlation between the Darkmoon Faire’s arrival in town and the prices of the various Darkmoon cards and materials required to make them. It would seem that the prices of Northrend herbs and Snowfall Ink all rise slightly when the faire is in available in town. Our scribe reasons that this is due to the increase in players trying to complete their decks for turn-in while the faire is passing through rather than waiting another month for the Darkmoon boys to come around again. We decided to test this theory and, sure enough, all three test servers showed an increase in herb and ink prices. The increase was modest but consistent (and frankly, as dedicated finance wonks, we’ll take reliable profit over huge profit any day).

So, not an area for huge profit (unless, of course, you’re selling in volume and intend to dominate the market on your server) but certainly something to consider if you are in the herb, ink or card market. If you’re buying any of these items you may find it beneficial to do so before or after the faire event is underway. If you’re selling, you will probably make the most profit by doing so in the days leading up to and during the event.

Blizzard lists the dates of the Darkmoon Faire on both their in-game calendar and the events page so it is quite easy for the astute player to ascertain when to buy/sell their items. On a related note, we advise that if you are in the market to purchase cards to complete your own decks you do so at mid-way points between the Darkmoon event (usually the middle of the calendar month) when the materials and cards should be at their lowest levels of demand and, theoretically, price.

3 Comments

Filed under WoW Gold Making Tips, WoW Market Commentary