Use microfinances to boost your profits. More profits mean more WoW gold. Don’t know what microfinances are? That’s okay, this article will explain them.
Tired of Grinding for WoW Gold? Is your stuff in the Auction House not selling? Getting frustrated with the completely unfair economy? We feel you.
Worry no more, though, because this article will help you find a niche to dominate in the economy through microfinance—they’re your one-way ticket to getting rich.
Microfinances in a Nutshell
Economies have an 80/20 (sometimes 80/19/1) rule. It’s short for ‘20% of a population hold 80% of its wealth’. For the alternate, an internet example: 80% lurk, 19% are active, but only 1% are creators. Back to the Pareto Principle (80/20), the richest players on a World of Warcraft server actually use it. 80% of their profit comes from the top 20% of items.
The top seller gets the best of it, while the next best get something much less. When you’re at the bottom, you’re left with nothing but the crumbs, so to speak. That’s where microfinances come in. They’re the cheap but still-needed items. They’re easily ignored but can be bought in bulk, and that last part is where they have a distinct advantage.
Look at it this way. Let’s say you’re selling something that costs 25 gold. If you’ve sold 40 pieces of it, you get 1000 gold. Selling a hundred nets 2500 gold. With a constant demand, you can sell that amount and more within a given day. Isn’t that better than hedging your bets on selling a single expensive thing when you’re not even sure if someone will buy your offer or not? It’s easier to accept that you didn’t sell a majority of your cheap stuff. On the flipside, you’ll feel frustrated when you see your expensive item still up for grabs.
Is It Better than the Other Way?
No, not really. Except that someone else may already be dominating the other way, so you have to diversify. You actually need both sides to balance. It’s more of bolstering profits with microfinances than relying on selling expensive items only.
Take Advantage of Microfinances!
Other than being cheap, they’re also quite easy to collect and farm. It’s easy to maintain bulk offers in the AH for an almost constant supply for the demand. The trick is figuring out which items are in demand. That would take careful and dedicated observation of the market. It would also need practice to easily see the gaps in supply and fill it in. Starting out will be rough, but it’ll get easier in time.
There’s no easy way to profit if that’s what you’re looking for. Any guide you’ll find will require effort on your part. Of course, there are other ways to get gold when you’re desperate. However, don’t you think that getting something through your own efforts is more rewarding?
Whether you agree or not, it’s a fact. Nothing will ever happen if you just sit or stand around in-game. It also applies to real life. So go out there and profit with microfinances!