Thread: [Master of All] - effectively capitalizing?

Originally Posted by EdgEy

As far as I can see, everything is locked behind reputation walls (my chars aren't 90, but if they were, I hate dailies and really don't have the time to be honest). Whole professions seem pointless - I make Imperial Silk daily on my tailor, but without reputation, it's pointless. LW, BS seem worthless. I gave up on Ghost Iron Dragonling as it's been consumed by levellers now.

It feels a bit like Inscription is my bread and butter at present - it makes over 50% of my income.

This is the game changer for MoP and for Goblins.

Blue have made the change for a number of reasons, but at the end of the day you have to be willing to compromise and take advantage of the new challenges gating provide to corner and work markets.

If you have the time to invest in the traditional alt army, the profits are still going to be limited simply because of the way gating works in MoP.

Believe it or not though, gating is actually a Goblin's friend - not the enemy - if you learn to adapt and exploit it.

I'm nearing cap right now having started MoP with less than 50k liquid almost exclusively in just one market - on one toon.

No longer do you 'need' to have such a large spread of alts to achieve good income! You have to start thinking outside the box a little, the old ways of gold generation are changing and if you can move with the times, profits are there - niche markets are thriving.

In this respect (and getting back to your question), I'd daresay the way forward for you from here is meeting the demands of the market hidden behind gates & keep your income stream constant, but profit margins moderate (so as to not attract more competition).

This means go after the stuff that has constant churn, but requires effort to either learn or craft. I'm not talking about daily CDs either, I'm talking about things that are gated behind Rep or BoP mat requirements only attainable at 90.

Some low volume but high profit items to consider grinding a little rep for are the Shado Pan weapon enchants, Celestials wrist enchants, and the Cloud Serpent JC panther mounts. Since you hate dailies the enchants may be too much for you, but the panther mounts are by far the fastest to get. You can get two of the patterns the second or third day of doing the dailies. I sell anywhere from 1 to 10 of the enchants per day with a profit of 1K to 5K per item and 1 to 5 mounts per week with a profit of 2K to 15K per item. Aside from getting the rep, they all require very little time investment to list and re-list when undercut. They're all also additionally "gated" by their expensive materials cost. I describe them as "gated" because the bulk of sellers on my realm don't deal in them even though I know they have the patterns and I'm pretty sure it's because they either don't want to tie up their gold in the items or they get discouraged by going a few days without a sale and prefer to deal in cheaper goods that turn over more quickly. I think they're just incredibly short-sighted and impatient because low volume and high profit means low inventory maintenance. I'd much rather sell a panther or two a week or ten 8K enchants in a week than have to craft and sell a hundred perfects, fifty pieces of jewelry, or a few dozen metas. Since you've got the capital to easily deal in the higher-cost items, you're automatically at an advantage. These types of big-ticket items also allow you to actually earn some income on your gold by investing it instead of having it sit there earning nothing.

Your assessment of the glyph market is apt--avoid it, the time for that market has long passed. I can't sell my remaining stock of glyphs fast enough. I haven't even listed any for almost a week, too many undercutters who seem to be insanely satisfied working below minimum wage.

Originally Posted by Mogram

This is the game changer for MoP and for Goblins.

Blue have made the change for a number of reasons, but at the end of the day you have to be willing to compromise and take advantage of the new challenges gating provide to corner and work markets.

If you have the time to invest in the traditional alt army, the profits are still going to be limited simply because of the way gating works in MoP.

Believe it or not though, gating is actually a Goblin's friend - not the enemy - if you learn to adapt and exploit it.

I'm nearing cap right now having started MoP with less than 50k liquid almost exclusively in just one market - on one toon.

No longer do you 'need' to have such a large spread of alts to achieve good income! You have to start thinking outside the box a little, the old ways of gold generation are changing and if you can move with the times, profits are there - niche markets are thriving.

In this respect (and getting back to your question), I'd daresay the way forward for you from here is meeting the demands of the market hidden behind gates & keep your income stream constant, but profit margins moderate (so as to not attract more competition).

This means go after the stuff that has constant churn, but requires effort to either learn or craft. I'm not talking about daily CDs either, I'm talking about things that are gated behind Rep or BoP mat requirements only attainable at 90.

I put up my Master of All on October 12, and currently have 8x90s, an 88, and an 87. I don't count the 46 monk yet. I like the gated concept and think anyone complaining about it is possibly new to the game. Professions used to be heavily gated and made demands that you retain the rep to make the item through grinds that weren't as easy as they made them later, this goes for Thorium Brotherhood (remember dust and turn-ins?), the Furblogs (wasn't always an afternoon, used to be days played), Insert TBC Faction Here, Sons of Hodir, and Molten Front. Molten Front was the first time they really buried recipes behind days of dailies, and I personally like that.

Ok, I'm not a huge fan of dailies, but during Vanilla I also did the Wintersaber Grind to halfway through Revered back when it as about 50 rep per turn-in and also required you to grind rep with Darnassus so you could get the mount riding ability. I completed it in TBC when they buffed the hell out of the rep reward. I have a high tolerance for mundane and boring tasks, because I know that I have to do them to get the job done. That's just like real life, you do a job everyday and it's the same job everyday, so if you don't suffer from ADD dailies are fine.

The key to the kingdom is get the job done, good enough to get your reward.

I've suffered (pre rep boost mind you) 2 LWs and a Tailor to Honored GL for the recipes, 1 Blacksmith Klaxxi (yeah, just quest the zone big deal right?), an Enchanter to Revered SP and AC, and all of my 90s are now Exalted with Tillers. Of these grinds, I would say that SP/AC were the most brutal and welcome, because they limit the number of enchanters out there. Further, not everyone's main is an enchanter, and those people will not want to repeat the grind on their enchanter alt unless they're like me - committed, or should be to the local hospital. Tillers is by far the most useful and required, because without that you are forced to grind mobs for your SoH, and we all know how lazy the majority of people here are when it comes to doing something besides buying mats off the AH.

I've enjoyed making gold from my (less than) 5 minutes farming activity per day now per character, and I have the ability to explore and exploit every single market.

If you are merely wanting to make gold from the lesser professions (alchemy, inscription, Sha transmute) then the grind is probably not for you and you should stay with that market (speaking to anyone that qualifies here). I'm personally happy that I am now set up for the rest of the expansion, and hopefully dailies are too much for most people to stand for the remainder of it.