Today's tip: Bags
This might not work on your server, or even on your side of the server, but since EVERYONE needs bags, I think most realms will allow this tip to work.
Since this all comes from personal experience, lets put this into perspective:
Char: Verasshen
Level: 60
Professions: Tailoring (340), Enchanting (287)
As you can probably imagine, I'll be using the amazing 340 points on tailoring to make some gold.
So, lets start at the begining shall we?
Can one really get rich from selling bags?
Let me remind you, my intention is not to make you reach, but to teach you how to earn a few extra golds here and there, so really? I don't know how much money one can get from this things, but I've done my share...
Which bags are we talking about?
The first bags that are semi-usefull to an experienced player, are (in my opinion) Netherweave Bags. This bags have a capacity for 16 items and are really not that expensive to buy/make, which makes them a perfect starter bag.
Leaving Netherwave bags aside, anyting bigger than this babies will work for our case, so if you can make or know a tailor who can me 18 or maybe 20 slots bags, try to extrapolate and see what happens :)
Lets talk about money, how much can gold can I make from this?
Ok, before getting to the revenue part, we gotta think about costs, so lets get to it:
Note: prices were taken from my realm, horde side (Alliances were different, and not really profitable for this kind of bags imho).
Materials needed for one bag:
For those 4 bolts of cloth, we need a full stack (20 items) of Netherweave cloth.
In my realm's AH (again, horde side), the stack of Netherweave cloth sells for 4 - 5 g each.
The rune thread is vendor bought, and goes for about 50 silver each.
So, doing some really basic math, we can assume that making one bag will costs us:
5g from cloth
50 silver from thread
_________________________
5g 50s total
Again we ask.. how much money can we make from 1 bag alone? After studying the AH for a couple of days, I've seen the prices of Netherweave bags go from 10g up to 12g each.
So, considering our worst case scenario (which you should always consider when making a decision like this), we have 5g 50s of expenses and we're selling them at 10g each, so we're making 4g 50s profit!
You're not just getting your money back, but you're also getting almost enough money to make another one (specially if you grind the netherweave cloth instead of buying it from the AH). Not too bad.. now multiply this by.. I don't know.. 10? And you've got 45g profit.
Bags sell, specially this ones, smaller bags are harder to sell, since experienced players will find them inadecuate for their needs, and the netherweave ones are really cheap.
So, is that it?
No, not really, let me share another related experience with you...
Here I was, a few hours ago, on my toon, making a few bags to sell, from the cloth my hunter (who's leveling in outlands right now) sent him... I've just put 4 bags a few minutes ago for sale.. there weren't many, and mine were selling at 11g each. When I suddendly get the beloved "A buyer has been found for your..." message :)
I had just sold all my bags, to the same person... great! So I was about to post my new batch when I suddenly had an inspiration. There weren't many bags left on the AH from other people (always talking about the same kind of bag.. netherweave), and they were listing them at 12g each (probably 5 or 6 bags left),so I went ahead and bought the whole lot, and reposted all of them at 20g each....
Sold 4 before login 30 minutes later.
So, that was 80g of gold incoming, just because I had the oportunity to take the prices a bit heigher.. this is what I mean when I say: you've got to pay attention to the market.
Pick an item, and study it.. check the prices regularly and when you see the oportunity.. take it! Buy it low and sell it high!
That's the basic idea behind this rant :)
Hopefully, it'll enlighten some of you out there!
For now, catcha around...
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