Strategic Mining and the Auction House
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. The competition will be factored by the number of people in your server and how many of them 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 sales are moving quickly and adamite is just sitting for days, then it has a greater demand. Even though it will be about five gold less a stack, the fact that you can sell it faster means a faster means of making gold.
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!