Hi, my name is Profitz and I'm a goldaholic. *audience chimes in* Hi Profitz!
What a week it has been. I've learned a lot on what days seem to be selling the most and what items continue to turn profits over others. I've also looked a little closer to my search lists within Auctioneer and weeded out any/all craftables in the 'Green Groups' I buy from. The market on these items seems to be dipping pretty low and not worth the storage space or listing fees in my opinion. Don't get me wrong here, there is some profit that can be made off of these but not a lot. Maybe at most, you can double your gold on each purchase if they sell the first time they are listed. (example: You buy a pair of gloves for 25 gold and you flip them for 50 gold. After the AH fees, maybe you walk away with 21-22g in profit? I like buying at 25gold and flipping for 250-285g sometimes well over 300g. Either way will work it just might take more time to build up your gold stash.)
Anyways, I created this spreadsheet (thinks back to gold anonymous and sitting in a circle with a bunch of unshaven gnomes, fat elves (I think some of them must be fat no?), hairy humans, and smelly dwarves) which keeps track of my starting gold total at the beginning of the day and where I landed at the end of the day when I close my books (sounds all official...yes I close my books at 11PM each night). Right now this process is all manual but I do plan on coming up with some customized module for calculating this with enough granularity where I can make some pretty pie charts, bar graphs and even dazzling presentation slides. *arches one eye brow*
|Chart # 1 - Daily Total Profits|
I'm very pleased with how much I've been able to learn over the past several weeks to make this amount of gold. Albeit, it's not a huge amount compared to some, but this is the most gold I've ever owned folks. Yes...truly amazing to some of you probably but hey, you have to start somewhere right? With little to no effort, all of this was made. This week alone I've brought in close to 90k in one week. Have I said I'm addicted yet? ;)
The point of all of this is, that if a new person like me to the gold making underworld can do this, so can all of you. It does take a little configuration and setup but afterwards, its smooth sailing and just rinse-n-repeat through a typical process. The rest is just watching the digits increase.
I hope this post finds you all well and counting your coins like kings and queens of Azeroth.