Flipping

Avoiding The Pitfalls of Flipping

A thank you to Vahdis for actually starting this discussion with a fellow WoW Economy & TSM discord member, it’s what spurred on the motivation for this post.

Continuing this week with our discussion about battle pets – let’s take a look at one of the pitfalls that potential gold making goblins can fall into.

In the screenshot above, you’ll see a search for ‘Emerald whelpling’ – and there are two different items that show up, because they’re identified by two different ID in game. One, is the uncaged version of the battle pet (the first one), and the others below are the caged version. Collection wise there is nothing different about these pets unless you’re going after a specific breed because you can’t see the breed of the one that has never been caged before. It ‘looks’ like a better deal on paper, because there have been so few for sale. How to tell? When you mouse over a pet it will show stats like level and breed. When you mouse over an uncaged pet it will say use: teaches you how to summon this companion.

When you’re looking at deals on the auction house for potential flips, you have to keep things like this in mind. What might SEEM like a great deal, might not actually be one.

Another tool in deciding which items might be actual deals to flip and which ones may not is the addon AllTheThings (ATT). This addon will tell you where the item comes from and more importantly, it will tell you what items out there have the same look. If there’s a long list of similar looking items, chances are, you don’t want to take a chance on flipping it.

Take the replica armour above. You can see that it comes from the Darkmoon Faire, that there are four other items that have the same graphic – but – that red icon in the front of their names means those items have been removed from the game. Currently, nothing else shares the same graphic.

Finally, spend some time lurking around other goblins. I highly recommend joining the WoW Economy & TSM discord as well as the Reddit, and just observing for a while. See what others are selling, what people are avoiding, and learn to formulate your own lists on what you value and don’t for your own servers. If you have questions, try using the search function first to see if anyone else has already asked. Chances are, they have, and there’s a nice answer just waiting for you.

Remember that making gold isn’t filled with a lot of absolutes, so when you ask if ABC123 item will do well on your server, or what craft makes the most profit, or are looking for others to tell you specifics other gold makers are not trying to be elusive and coy. There are just a lot of variables to take into consideration, and what works and sells on one server may not work on another

Nomadic Gamer