First, a brief introduction:
I'm
known in these circles as the Mogfather. I predicted transmogrification
would be big for gold-makers, and since patch 4.3 was released I've
made over 700,000 gold doing one thing and one thing alone: flipping
gear and weapons on auction houses. I buy low, I sell high and in some
cases extremely high. I follow a strategy that I honed on my own
leveraging a pair of invaluable resources (wowroleplaygear.com, wowhead.com) as well as visual tools I developed that are currently hosted on my former blog (deazeroth.com).
If you'd like more insight into the background story and philosophy
behind the strategy, check out flux's Power Word Gold Podcast Episode #24. Read on past the jump.
For more information and/or questions, follow me on Twitter (@DEazeroth) because I don't run a gold blog.
This
is the first in a short series of posts I'll be sending to the Hatchery
here at Power Word: Gold. A number of my followers on Twitter have asked
for the unabridged list of set pieces I've been flipping, so let's get
to it. Below is a tiered list of the MAIL set pieces I have been
searching for and flipping. The higher it is in the tier list, the more
difficult it is to find and/or the higher the prices I've been able to
pull.
A few qualifiers:
1)
I draw the majority of my insights into transmogrification sales from
Proudmoore (Alliance) and Earthen Ring (Horde). That said, I have
frequented over a dozen other servers, gaining experience in a variety
of markets, helping others establish a sizeable, relevant inventory and
earn a few thousand gold along the way. Through these experiences, I've
been learning the nuances of what sells across all realms - and what is
fairly niche.
2) I do not sell bracers. The majority of gloves cover bracers so players rarely purchase them.
3) I only target items level 70 and under.
A brief word on price structuring into tiers.
Fashion
needs a price spread. It's no different than Old Navy - Gap - Banana
Republic. You can't just drop all of your gear into one price tier
because you're not helping the player determine which set is more
unique/rare/desirable. The average WoW player interested in
transmogrification doesn't know the difference between the Glimmering mail set and the Crusader's mail set. You've got to structure your
prices to help inform them what's high fashion and what is low fashion.
Doing so will enable your customers to browse more efficiently and in
most cases will enable your higher priced items to stand out more and
therefore sell better. I structure my price spreads based on aesthetic
evaluations, drop rates and locations pulled from WoWhead, and general
experience having frequented so many realms. I know what's popping up
regularly (Crusader's mail) and what isn't (Sentry mail).
A brief description on pricing brackets, ex: (1,000g - 2,500g).
The
low end (1,000g) is typically what I sell gloves/boots/belts for and
the high end (2,500g) is typically what I sell chest/legs for. I
structure my prices within sets to be somewhat representative of the
cost of token tier gear. For helms/shoulders, it's very set dependent.
The majority of gear under level 70 has terrible helms and shoulders and
I treat each set on an individual basis. For example, the Lord's shoulders and Bloodlust helm I will price on par with the low end slot
pieces. Conversely, the Ornate helm and the Knight's shoulders I will
typically drop the price significantly - sometimes 50% less than my low
end for the tier sets. They're just that awful. In fact, these days I
try to let the competitors that have moved into the transmogrification
space purchase the helms and shoulders because I just don't trust them
going forward. I'd rather invest my money in the pieces I KNOW players
will use and not supplement with an alternative (or simply turn the helm
OFF).
Tier 1: (1,000g - 2,500g)
Tier 2: (750g - 2,000g)
Tier 3: (500g - 1,500g)
Combat (*rarity on your realm could bump it to higher price tier)
Tier 4: (500g - 1,200g)
Masterwork (*rarity on your realm could bump it to higher price tier)
Tier 5: (425g - 1,000g)
Hero’s (*rarity on your realm could bump it to higher price tier)
Tier 6: (395g - 895g)
Steadfast (*rarity on your realm could bump it to higher price tier)
Sentry (*rarity on your realm could bump it to higher price tier)
Radiant (beware of crafters undercutting you)
Tier 7: (350g - 750g)
Tier 8: (350g - 695g)
Tier 9: (295g - 500g)
Tier 10: (250g - 325g) and I generally don't chase these unless I can lead with the chest and/or legs.
-Keelhaul (AKA The Mogfather)
UPDATE: For an Auctionator-ready importable shopping list of these items see the post Transmog Auctionator Lists over at Twitchie Enterprises.
Based on Twitchie's work above I went ahead and created Auctionator-importable lists that include Keel's pricing tier structures. Once imported select a list then click on the items in the list "Armor/Plate/Lofty" to see which of those items are on the AH. Here's the text to use for the import. (It can all be selected at once and imported and it will automatically create multiple lists.)
For an in-depth video on how to use the lists below as well as a combined list with all armor types see the PW:G post "Mogging Item Search And Pricing With Auctionator".
*** mail_T1_1-2.5k Armor/Mail/Glimmering Armor/Mail/Battleforge *** mail_T2_750-2k Armor/Mail/Chief Brigadier Armor/Mail/Blood Knight
Armor/Mail/Blood Grunt's*** mail_T3_500-1.5k Armor/Mail/Captain Armor/Mail/Combat *** mail_T4_750-1.2k Armor/Mail/Masterwork Armor/Mail/Engraved *** mail_T5_425-1k Armor/Mail/Lord’s Armor/Mail/Hero’s Armor/Mail/Ornate *** mail_T6_395-895 Armor/Mail/Steadfast Armor/Mail/Sentry Armor/Mail/Wrathfin Armor/Mail/Radiant *** mail_T7_350-750 Armor/Mail/Black Dragon Mail Armor/Mail/Magnificent Armor/Mail/Triumphant Armor/Mail/Knight’s *** mail_T8_350-695 Armor/Mail/Sparkleshell Armor/Mail/Ancient Armor/Mail/Blackforge Armor/Mail/Protector *** mail_T9_295-500 Armor/Mail/Brigade Armor/Mail/Ebonhold
-Jim
Ready to write for the Hatchery? Submit your World of Warcraft gold-making post to [email protected].
One of my favorites that is not on the list is the Blood Knight set, I price mine in the Tier 3-Tier 2 Range. The Blood knight maul that matches it is an awesome looking weapon in my opinion also.
ReplyDeleteYeah sorry about that. I wrote and posted this to Flux really quickly. Blood Knight is huge, I put it in Tier 2.
ReplyDelete-Keel
Awesome job, Keelhaul. Hope to take advantage of your info soon, and looking forward to the following posts.
ReplyDelete@RJ_Kunz and Keelhaul Added.
ReplyDeleteThis is awesome, thanks for all the hard work! Is tehre going to be follow up posts for plate, leather and cloth? Ive been wondering about this for a while now, but find it so overwhelming.
ReplyDeleteHere's my Auctionator list for the mail list (not including tier 10).
ReplyDeleteOnce I realised the format the export took, it took me about a 1/10th of the time to put this one together direct.
Enjoy (and yes Lightbringer-US has most of this stuff locked down TIGHT).
*** transmog_mail
Armor/Mail/Glimmering
Armor/Mail/Battleforge
Armor/Mail/Chief Brigadier
Armor/Mail/Blood Knight
Armor/Mail/Captain
Armor/Mail/Combat
Armor/Mail/Masterwork
Armor/Mail/Engraved
Armor/Mail/Lord’s
Armor/Mail/Hero’s
Armor/Mail/Ornate
Armor/Mail/Steadfast
Armor/Mail/Sentry
Armor/Mail/Wrathfin
Armor/Mail/Radiant
Armor/Mail/Black Dragon Mail
Armor/Mail/Magnificent
Armor/Mail/Triumphant
Armor/Mail/Knight’s
Armor/Mail/Sparkleshell
Armor/Mail/Ancient
Armor/Mail/Blackforge
Armor/Mail/Protector
Armor/Mail/Brigade
Armor/Mail/Ebonhold
Another awesome post. And thanks for the list, Twitchie.
ReplyDeleteLong live the Mog.
I started using these lists about 10 days ago. I'm on a smaller server (alliance side) and so far I have basically no competition.
ReplyDeleteIn those 10 days, I've made 23 sales for over 10K and I've collected about 200 individual items that I've got up for sale.
I've gotten a few flabbergasted comments from guildies about the auctions (no hate mail yet!) and this weekend I finally saw a couple of competing auctions, but even if I don't sell anymore (which is highly unlikely), I'm satisfied.
Thanks so much for these lists.