How to make money playing the glyph market

Every week, WoW Insider brings you Gold Capped, in which Fox Van Allen and Basil “Euripides” Berntsen aim to show you how to make money on the Auction House. Feed Fox’s ego by emailing him, tweeting him at @foxvanallen, or sacrificing your first born to him.

Glyphs are probably the most common way scribes try make money. Really, it’s no secret why — every new character needs to buy three glyphs at level 25, another three at level 50, and yet three more at level 75. Demand for glyphs is almost always there — or at least, demand for useful glyphs is almost always there.

On most servers, the glyph market on the Auction House is absolutely cutthroat. Players who are leveling inscription always have a boatload of glyphs to unload, and many are content to sell these at fire-sale prices just to be rid of them. On the other end of the market, you often have glyph salesmen constantly undercutting each other by one or two copper on a 50 gold item.

How do you compete against these people?

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How to make money playing the glyph market originally appeared on WoW Insider on Mon, 14 Nov 2011 17:00:00 EST. Please see our terms for use of feeds.

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Gold Capped: How to flip Books of Glyph Mastery

Every week, WoW Insider brings you Gold Capped, in which Basil “Euripides” Berntsen aims to show you how to make money on the auction house. Email Basil with your questions, comments, or hate mail!

Books of Glyph Mastery are currently needed by scribes in order to learn all the glyphs in the game. While they will eventually no longer be needed, they will always be useful. Even when Blizzard gets around to letting you research all the glyphs without them, those research recipes are both on a one-day cooldown, and the books can be used to continue learning. These books are an excellent candidate for “flipping” for a few reasons. Let’s look into why and how to flip them.

Bad for the market?

Speculative flipping is not bad for the market. First, when people say “bad for the market,” they mean “bad for people who need to buy glyph books.” While flippers seem to be making money from nothing, they’re actually making money from risk. They buy up excess stock in times of plenty and sell it in times of scarcity, and this protects book buyers from having to deal with a nearly empty auction house as often. All flippers do is make it so that when a couple of new scribes start buying books by the wheelbarrow and completely empty the AH, they won’t have to wait for more stock to trickle in from people leveling through Northrend.

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Gold Capped: How to flip Books of Glyph Mastery originally appeared on WoW Insider on Tue, 31 May 2011 20:00:00 EST. Please see our terms for use of feeds.

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Gold Capped: Cataclysm glyph addons

Every week, WoW Insider brings you Gold Capped, in which Basil “Euripides” Berntsen aims to show you how to make money on the auction house. Email Basil with your questions, comments, or hate mail!

The glyph market has spawned quite a few of the important modern auction house addons. It’s a uniquely challenging market, as there are hundreds of different products, each with their own balance of suppliers, buyers, and materials. The challenges faced by early glyph producers were met by a hodgepodge of fairly complex addons and macros, and only recently have unified solutions began to appear. I remember that at one point, I had addons to:

  • Keep track of how many glyphs I had on the AH, in various characters’ banks and in their inventories.
  • Allow me to queue a list of glyphs and build a materials list (that allowed me to buy the vendor mats with one click).
  • Automatically queue enough glyphs in the second addon to assure that I kept stock levels at my desired level.
  • Automatically post every glyph I made onto the AH.

The tasks needed for this market are not unique, and so the most important tool that can trace its origin to the glyph market is certainly TradeSkillMaster. TSM is an addon that I’ve covered before, and it’s built from the ground up to be perfect for glyphs. It’s also perfect for a lot of other markets, but mostly those you can treat like glyphs.

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Gold Capped: Cataclysm glyph addons originally appeared on WoW Insider on Mon, 23 May 2011 19:00:00 EST. Please see our terms for use of feeds.

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Spiritual Guidance: Shadow priest glyph shopping for 4.0.1 and Cataclysm

Welcome to the Wednesday edition of Spiritual Guidance, your one-stop source for all the information on shadow priesting you want and need for your on-the-go lifestyle. Your host Fox Van Allen brings information on your spec of choice on a silver platter, helping you stretch your World of Warcraft knowledge to infinity and beyond. Sit back, relax and prepare to be “wowed”!

I have a confession to make: I’ve never really found glyphs to be that sexy. I don’t know why. Maybe part of it was the hassle of having to travel halfway across Stormwind to find a Lexicon of Power just to add a glyph to my character. Maybe it was the frustration of learning later that I didn’t need to find a Lexicon of Power to add a glyph, and the shame that came with knowing I had wasted about 30 or 40 trips along the canals over the last year and a half.

Still, sexy or not, glyphs are powerful as all hell. They provide useful benefits by increasing our DPS, eliminating the need for reagents or reducing cooldowns. There’s no reason not to like these damn things. And if you already like them on the live Wrath servers, you’re going to love what’s coming for glyphs in Cataclysm.

We’re about to have even more choices to make than ever before. That may seem a bit daunting, at least at first, but don’t fear — we’re going to be better shadow priests for the experience. More slots, better choices and added convenience: It’s all coming in patch 4.0.1, and it’s all here in today’s Spiritual Guidance, just after the break.

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Spiritual Guidance: Shadow priest glyph shopping for 4.0.1 and Cataclysm originally appeared on WoW Insider on Wed, 06 Oct 2010 15:00:00 EST. Please see our terms for use of feeds.

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Cataclysm Beta: The new glyph UI

The latest patch to the Cataclysm beta has finally added in the revamped glyph UI, sporting the newly implemented Prime Glyphs, a selection window and awesome new convenience features. The new interface has a search box for quickly finding glyphs, expanding categories of prime, major and minor glyphs, and it even shows you what glyphs you have not yet learned.

Personally, I think that the new glyph interface is one of the coolest Cataclysm revamps. The old system of glyphs was an awesome first step, but it has been refined and polished in ways we never could have expected. Check out the gallery of shots below to see what the glyph UI looks like while empty, sporting some glyphs and using the search feature.

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Cataclysm Beta: The new glyph UI originally appeared on WoW.com on Fri, 03 Sep 2010 14:00:00 EST. Please see our terms for use of feeds.

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Gold Capped: Breaking the glyph wall

Every week, Gold Capped brings you tips on how to make money on the auction house. This article from inscription specialist Steve Zamboni has been brought to you by Seed, the Aol guest writer program that brings your words to WoW.com.

Almost all auction house tactics revolve around the undercut. It may be a single copper, a few silver or a few gold, or a freefall drop down to the price of materials. Regardless of the amount or the frequency, most undercuts share a common misconception: that you’re controlling the market with your undercuts. You’re not. Your competitor has the control. By undercutting, you’ve just let your competitor decide your price. You’ve let your competitor set a cap on your profits — and more, you’ve agreed to accept even less with your undercut.

The inscription market sees more than its fair share of this, sometimes on a large scale. The low deposits encourage large number of postings, followed by even larger numbers of cancellations and repostings. Prices fall as each new poster accepts and trumps the previous poster’s prices, until the market falls to the cost of materials and the walls go up. The final wall signals a complete loss of market control.

Once it’s up, it no longer matters who built the wall. If it’s your wall, you can’t raise prices until the competition perched above you goes away. If it’s not your wall, you can’t raise prices on your auctions until someone breaks the wall. Stalemate, and out come the piña coladas.

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Gold Capped: Breaking the glyph wall originally appeared on WoW.com on Fri, 20 Aug 2010 11:00:00 EST. Please see our terms for use of feeds.

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Gold Capped: When glyph prices hit the wall

Every week, Gold Capped brings you tips on how to make money on the auction house. This article from inscription specialist Steve Zamboni has been brought to you by Seed, the Aol guest writer program that brings your words to WoW.com.

Imagine a typical glyph market on a busy realm: dozens of goblins sitting hunched over their steam calculators surrounding the trading pit, each figuring their costs and profits down to the last copper trying to gain an advantage over the others. Thousands of glyphs are posted every hour, most to be canceled and reposted an hour later at even lower prices. Eventually, one of the goblins has a flash of brilliance (or cracks under the strain; the records aren’t clear) and posts all of his glyphs at a loss. The calculation engines grind to a stop, leaving the goblins to stare up at the big board in silence, then at each other. “Now what?”

We call it the wall. One scribe picks a price and tries to hold the entire market to that price. If it holds, the market stops at the wall, and everyone on the other side watches helplessly as sales drop to zero. Sometimes it’s done to drive off competitors; sometimes it’s done to dissuade new competitors from entering the market, or just to burn up excess ink supplies … or even just out of boredom to cause pointless drama, goblin style.

Like all good goblin inventions, the wall appears simple on the outside, but remains complicated (and somewhat explosive) when put into practice. One complication is that there is more actually more than one type of wall.

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Gold Capped: When glyph prices hit the wall originally appeared on WoW.com on Sun, 01 Aug 2010 14:00:00 EST. Please see our terms for use of feeds.

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