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  1. #1
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    ATTEMPTED GOBLIN: Flask, Golden Lotus and 300 Buff Food.

    Recently I came into a large amount of gold through a number of activities (selling runs etc) and I have decided to commit to my goal of reaching the gold cap. In order to achieve this I have established that I want to hit a triple market. Str Flasks, Agi Flasks and 300 Stat food.

    To this end I have purchased about 100 golden lotus for 48-50g, and a large amount of the relevant herbs at sub average prices. In addition to this I have purchased 100 Rice Flour (stat food) and secured a flow of a further 2900. This will make 3000 food if I can source 75,000 scallions and 25,000 Tiger Gourami and Turtle Meat - yes ambitious I know.

    For those who are in this market, how would you recommend approaching this problem (ie sourcing such a large amount of raw mats), do you have any suggestions about how to approach maxing profit here, any general suggestions etc?

    Thanks in advance,
    Kaly

  2. #2
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    Also, just as it might be relevant, I am currently sitting on ~280k, and I have access to about a further 150k if I twist some arms. So investment and going long on a few things isn't too much of an issue for me.

  3. #3
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    IMO it depends on your realm since you say you could buy 100golden lotus in a range of 2gold im going to assume you have a high pop realm. A general suggestion would b to simply ask on trade chat: " what are the top raiding guild on this realm?" take note of the names people say and search them up try to find their site and raiding days, take note of these. When their raiding days come along dont flood the market but put more up than usual even though most guilds will have a designated flask maker for their raids, you might get lucky and end up selling 15flasks in an hour. The non hardcore raiding guild normally raid on Monday, tuesdays and thursday so try putting up flasks on those days. And if you see any pugs forming like: LFM SHA or LFM MSV make sure you got your flasks/food up. Good luck

  4. #4
    EU-Silvermoon(A)
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    Quote Originally Posted by Kalynda View Post
    Recently I came into a large amount of gold through a number of activities (selling runs etc) and I have decided to commit to my goal of reaching the gold cap. In order to achieve this I have established that I want to hit a triple market. Str Flasks, Agi Flasks and 300 Stat food.

    To this end I have purchased about 100 golden lotus for 48-50g, and a large amount of the relevant herbs at sub average prices. In addition to this I have purchased 100 Rice Flour (stat food) and secured a flow of a further 2900. This will make 3000 food if I can source 75,000 scallions and 25,000 Tiger Gourami and Turtle Meat - yes ambitious I know.

    For those who are in this market, how would you recommend approaching this problem (ie sourcing such a large amount of raw mats), do you have any suggestions about how to approach maxing profit here, any general suggestions etc?

    Thanks in advance,
    Kaly
    First of all, when it comes to flasks its usually only the procs that give any profit. Be sure to be elixir specced or its no point.

    And why only str and agi flasks? I would say that you should go for them all. If your server is large you should be able to sell hundreds of flasks for an hour or two a reset night. But there are usually some types of flask that isnt profitable for the night since this market is loaded with people that have no clue just using the lotuses from their farm and dumping them at any price. Myself i just bought 16 stacks of GL for 20-30g wich i hope to sell tonight. Its really only when i sell all types of flasks i feel that the profit feels good enough.
    STR and INT will allways be the most sold food/flask since most classes uses these stats.

    If your realm is huge when it comes to PVE you can make alot of money certain nights. I think the day when Heart of Fear landed i sold only flasks for about 100k so there is a definite potential if played right. Make sure you have stock for those nights golden lotus is expensive of the other herbs are non-existant.

    Flasks do sell at almost any "reasonable" price since going without them isnt an option to most people that seriosly raid.
    F.ex. last night fools cap was extremely expensive on my server wich made me do a reset on the Flask of Winters Bite.
    I could raise the price from around 30g to 100g and still sold about the same as normal. (but i guess you need to camp abit after doing that your you will be instantly undercut).

    The tricky part is that the production cost is kind of hard to predict. You can make a 100 flasks and only get 10 procs if youre unlucky, and you can get 50 procs if you are lucky.
    If the price of GL is 50g and the price of the herb in question is 30g a stack - the unlucky procc-scenario will give you a unit-price of 51g while the lucky one gives a unit-price of 37g.

    Selling at the unlucky procc-rate will probably not give any profit (yes usually margins are that bad) while selling at the lucky-procc will give a healthy profit margin.

  5. #5
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    Sell intellect flasks as well at the least, healers & casters need them so obviously a larger demand.

  6. #6
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    Yeah, you're selling yourself short if you don't invest in caster flasks---mages, warlocks, priests, druids is a big chunk out of your market, especially with warlocks being the Flavor of the Expansion. I've found STR flasks don't sell nearly as well as INT, and the competition is fiercer.

  7. #7
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    Is the 300 stat food actually a viable sales item for some of you? Flasks are profitable on my server, but the 300 stat food is definitely not.

  8. #8
    EU-Silvermoon(A)
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    Definetly, but then i also make sure vegetables are never cheap.
    My server got a large bunch of pretty serious raider though and that makes a large difference.

 

 

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