Using Mining And Strategy To Make Wow Gold In The Auction House: The Fast Food Method
A very easy but powerful method to use early on to make gold in WoW is something I call the Fast Food Method. This is where you use the lesser but faster selling ore to stock up on some serious gold. It's one of those funny things where supply and demand actually accelerate profit with less expensive items if you know how to implement a winning strategy. Now wait you say, you mean that you can use cheaper ore to make more gold? How is that possible. Well let me explain.
Though at times competitive, mining is still one of the best professions early on and sometimes it can be easier than you think. Competitiveness comes from the amount of people are in your server and what percentage of the characters are miners; this is usually determined by the economy and the supply/demand ratio of the server. You can get a sense of the market by checking in the Auction House. There you can check to see what other miners have put up for sale. Once you see what ore is for sale and how much of each ore is available, you then pay close attention to what ore is selling quickly. I'll explain why.
Don't disregard the lesser ore's, they might be greater demand for them that the better grades. If a fel iron is selling at a much faster rate than an adamite ore, then it has greater demand. Even though it will be less gold per stack, because it sell so much faster means you make gold faster too. Would you rather let an adamite ore sit for a few days before you get paid or sell some lesser ore at 5 times the rate and build your wealth? I call it the fast food versus the fancy restaurant method. Who sells food faster? Who profits more at the end of the month? The fast food joint does! Again, it's about supply and demand for each individual ore.
Do yourself a favor and look in the Auction House immediately to plan out a strategy. Remember, the one who actually a plan usually wins in whatever game they choose to play. Strategy is a key component if you want to make lots of WoW gold.
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