Friday, February 18, 2011
5,000 / 25,000 Glyphs
A big milestone yesterday for Twitchie, hitting the 5000 glyph mark since Cataclysm hit. Since Twitchie is in a 'quiet time' guild, he's the only scribe in his guild, making glyph output very easy to track.
So at the moment, I'm just a touch behind the goal of 25,000 glyphs in a year. Initially when I started this quest, I was dominating the glyph market, and increased production of glyphs just lead to more and more coin. There were a few 'glyphmas' moments after cataclysm hit where I just could not keep up with demand and the coin was flowing in. However, recently there has been a surge in competition on the glyph market, so both sales and profit are falling.
Which leads me to the question, "Do I really want to achieve my 25,000 glyphs in a year goal?"
On the positive, I think producing an average of almost 70 glyphs per day over the course of a year is pretty awesome. And even with the increased competition, it is still an excellent way to make coin in game.
On the negative, as my competition increases, my sales decrease, profit margins falls and inventory management gets more difficult as I have trouble offloading glyphs as fast as I produce them. The bottom line is my gold per hour suffers, and while I love the gold making game withing World of Warcraft, there's a lot of other things I like to do in game.
So... I'd love to get your thoughts. Firstly, what do you think of the goal itself? Are you into setting yourself an extremely arbitrary target and going for it? Or do you prefer to reach your gold goals as efficiently as possible?
Secondly, what is your strategy for the glyph market? Do you have multiple posting alts divided by class (or by volume like this consortium poster)? What addons do you use to manage your inventory?
I'm resistant to multiple posting alts, and would prefer to use any or all of: Twitchie's bags, bank or guild bank to manage glyph inventory. I'm keen to find an addon that can not just shuffle stuff between bags and bank, but follow a set of logic about how it does it (e.g., make up stacks of 2 glyphs for posting from my bank). I haven't found this addon yet, but I'll keep looking. The major limitation of using one toon is simply that even with four scribbling bags, there isn't enough space to post all of the profitable glyphs in one sitting, but keeping inventory management manageable without resorting to posting alts would be a nice compromise.
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Time is Money Friend
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