So, after four days of selling the glyphs I have some final figures for y’all, and I’m also going to outline my strategies for everything. Read on after the break!
Before we begin, I recommend you read this post that I made previously, which covers part of my method.
To start with, I slowly bought herbs as the raw materials. In particular, I was looking for Icethorn, Adder’s Tongue and the occasional Lichbloom, as they have the highest chance of milling into several pigments. I kept searching the Auction House a few times a day, and bought out all the herbs I could whenever they were a low enough price – now, prices will vary wildly across servers, so take what I say and apply it to your own economies. The trick is to work out when prices are lowest (the weekends for me) and buy at that point – for this reason, it’s a good idea to monitor your AH daily for a few weeks before attempting anything. You can also be collecting scan data with a program like Auctioneer during this time, which I heavily recommend.
Anyway, after collecting approximately 50 stacks I decided I’d invested as much as I was comfortable with, since it was my first attempt at playing the AH like this, and I proceeded to mill the herbs down into pigments and then into inks.
As for making glyphs, the post linked above also shows you the amount of glyphs I ended up with. I only made ones which, according to Auctioneer data, would sell for 5g or more, and of course I had the leftover Snowfall Inks to sell too.
All these glyphs went up on the AH from Wednesday – Friday, which is when prices are highest on my server. There are other reasons for posting on a Wednesday too, again as detailed in my previous post. Once they had expired, I reposted from Friday evening – Sunday evening, which covers the weekend slot when things tend to sell better, although the lower prices mean you make slightly less profit.
Costs: I spent 656g in total, which was 592g for the herbs and the rest for parchments and the like.
Profit: Overall, after the four days, I made 2627g. This means my profit was 1970g for that time – this breaks down into 998g for the first two days and 972g for the weekend.
This means I’ve actually made almost exactly four times what I invested into the scheme, which is the same as a 400% profit I think (I never was any good at percentages). My opinion? That’s pretty darn good for what wasn’t a whole lot of work! Indeed, now that I have everything figured out, the next time ought to be much smoother and hopefully even more profitable.
I will definitely be trying this again, though not immediately due to inflated herb prices, and I hope by using this (admittedly rudimentary) guide you can enjoy the success I am so far. Do feel free to ask questions!
Until next time,
P.S. You might be asking why I’m telling you all how I do it – shouldn’t I be keeping it to myself? Well, firstly, the readership of my blog is pretty small, so very few people will read this anyway. And secondly, the more people I liberate from the boredom of daily quests, the better.