The Gamer's Handbook for MMORPGs: Gold Making Tips for WOW, Wildstar, The Elder Scrolls Online and other MMOs
Before you start to make gold in your MMORPG you should make an alternative character to send items to. This alternative character (Alt) is your Auction House salesperson. Roll up a character and leave it near an Auction House. There will be a mailbox close by for you to receive items and send gold back to your main character.
Make sure that this alternative character has lots of space to carry items. Most games have backpacks or bags that you begin with and as you level up you can get more. Other games allow you to increase the storage space on your character immediately. Also, every game will ordinarily provide you with a warehouse for your account. This too can be used to store items.
You will want to have lots of room as there are times when you must hold on to your items before selling them. Patience and waiting are part of how you can earn. Do not expect to be a billionaire in a day.
You need to sell everything on this alternative character so that nobody else knows what your main is doing. This will become clearer when I explain to you how to play the market on the auction house in Part 2 of this guide.
It takes time to make gold.
Advice and tips for making gold.
A general rule of thumb is that you will not get rich quick while you play. Making gold takes time. MMOs are designed to take time to play. If it were easy to gain gold, level your character and get the very best gear - you would not have anything left to do and most likely stop playing.
This is especially true for subscription based games. People who pay to play and end up with nothing to do quickly have no reason to continue with monthly fees. Expect to invest time into making money. Fortunately, there are things you can do to spend less time than necessary.
Remember the following while playing from the start:
• Before you play, research the available servers to play on.
Make very sure you select one of the top servers with the largest amount of players and activity. The larger the population is on the server equals the more vibrant the economy will be. You can usually find out which are the best servers to play by doing a quick Internet search. Most elite guilds and veteran MMO players and guilds choose which servers they will meet up on before the game goes live. They also keep this a secret in my experience. But it does not matter if you start playing after they all go to a specific server. Follow these guilds. Do not choose a server that is recommended by the company - they want to populate the servers that are smaller. This is a very important choice to make.
• Do not spend the gold you make on armor or weapons while you level up your character.
Keep the gold you get for your end of game weapons and equipment. You should be able to get new weapons and armor while leveling up from quests and simply killing creatures.
• As soon as you can gather materials do so.
Materials tend to be ores such as iron and silver. There are plants and other types of materials in most games too. Gather everything.
• Choose a craft that will earn you an income quickly and that all classes in the game will need.
You need to earn an income now and you can always make an alternative character to use for other types of crafting later.
• Find out which crafts cost the most to level up.
Do not choose these ones. Select the craft that will earn you the most and cost little.
• Research the Auction House (broker).
What sells all the time and quickly? What is always needed and will always sell? If there is a constant need for iron or other types of precious metals, gather these. The economy in your game is largely based on what is needed. The price will be lower for these items if there are many people selling them. For example, if iron is selling quickly and there are many people selling it - it loses its value. And you make less money selling it for the time it took you to gather it. It takes time. You want to search the Auction House for something that is needed but not being sold by hundreds of people.
• Understand that at the beginning of new games there are many people all competing to level up quickly and the demand for lower level materials and items is high.
But as the players who start at launch level up they no longer will buy low level things. And so this is your time to make money on selling low level ores, plants and wood types. There will always be a need for low level items because new players join late and old players make alternative characters. You simply need to look at the Auction House to know what is still in demand but is not being sold by very many people. This is important because now you make more in less time.
• Undercutting is also a good way to make money quickly.
If you do not mind making less for an item simply post it at a lower price than what you see on the broker or auction house. Do not sell yourself too short though.
• When gathering materials such as different types of metal, plants, and foods, locate areas on your map where the number of gathering nodes is dense and high.
To save time gathering, locate areas in your game where there are many things to gather and map out your route. If you find an area where you can gather from a node every minute, you are making money faster than randomly searching new areas. Keep your gathering route a secret. And if you are in an area with many people competing for the nodes - leave and find your own new place.
Iron gathering nodes mapped out.
More Advice and Guild Tips
For all of my posts from The Guild Master's Handbook and The Gamer's Handbook for MMORPGs, please see the following link. And thanks for reading! I will continue to add more and more sections until the Handbooks are complete.
- RandallJonas on HubPages
Here are all the present handbook articles to help you run your guild. Visit my profile and select the topic you wish to read. Happy gaming!
Please remember that I did not know how to run a legion when I started off in 2004, I learned some of what I know from playing in other guilds. And some it from the very best types of guilds. It was only after many years that I was able to make a name for myself online and I did not do this alone. I had many friends, officers, assistants and just great people who helped me.
And without all of these people and my own personal experiences of what I like about certain guilds and what I absolutely hated about others - I would never have come up with something I am happy about.
Thanks for reading!
©Randall Jonas 2014
© 2014 Randall Jonas