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| © Nev 2008 Every scribes best friend |
I did a post about giving away my cash as I never intended going back & thought it might help someone else getting started. I got 1 whisper so he had 5k & I popped a bit in the guild bank to say thank you for not kicking me out even though I hadn't been online for months or really contributed to the guild levelling! That left me with 936g to start my latest little escapade.
My lowbie glypher is maxed at skill level 150 until I get her to level 20 (probably next year sometime!) so at this time, she can make glyphs using midnight ink, lion's ink & jadefire ink as well as the Rogues Deck ( from Hunter's ink) & the Swords Deck (from Dawnstar ink). I've also been doing my Minor Glyph Research for the last 3 weeks so I do have some of the discovered glyphs too.
I ran a TSM AH scan for just the inscription market & looked at what glyphs to make. I was horrified to see that none of the glyphs I could make were selling above 20g each. However, TSM was telling me that due to low herb/ink prices, there was still some profit to be made so I thought 'sod it' & decided to make 1 of every glyph I could. I made my craft list & went shopping for herbs to mill. That first day I spent 480g on herbs but as the midnight ink prices were down at less than 1g each, I could make an awful lot of glyphs for that 480g!
Over the next week or so, I logged in maybe 3 times a day - 9am, 4pm & 10pm-ish to cancel & relist as well as to restock but after the first week, I got a bit more casual & only logged in maybe once or twice a day & to be honest, not every day either!
The screenshot above shows that over the last 17 days of MySales data, I sold 6264g worth of glyphs at around 12-15g each. MySales is configured to show 1 month so in effect, this whole story is about the last 17 days or so. For a level 10 Glyphing alt, I think that's pretty good going.
This screenshot shows the total number of sales & income per glyph but this is only the top page. As you can see, there were one or two glyphs with slightly higher prices but most stayed in the 10-15g range. By only buying herbs when TSM told me the ink prices were 1-2g or less, I knew that even at 10g, I would be making a small profit.
My opening balance was 936g, I received 6264g in sales & my closing balance was 4548g so overall I spent 2652g on herbs, parchments & listing fees, leaving me a profit of 3612g.
As a by-product of all this low end glyphing, I also have shedloads of Hunter's Ink & Dawnstar Ink which I have yet to make into the lowbie Darkmoon decks. I also currently have around 90 glyphs still waiting to sell but I'm not going to make any more glyphs so those will just add to the profit figures for this little escapade.
Now, before anybody jumps on this and says I was lucky with the herb prices, yes, possibly I was. My main server rarely has any ink price below 4g but at the same time, the actual glyph prices are much higher even at this low end of the market. This experiment server has 1 or 2 players posting walls of glyphs at 15-20g across the board but I was still able to make a profit on a lvl 10 alt played very casually.
Regular readers will know from my weekly sales reports that glyphs have been my main source of income for the last 6 months or more & that top end glyph prices on my server are over 200g & even 350g on occasions. I've had many comments about being lucky with my glyph prices but I think this shows that even at the very bottom end of the glyph market & with horrible bottom end glyph prices, there is still profit to be made & hope for anyone just starting out with inscription.
Man, I used to love the glyph market. It is pretty terrible now. Most are going for less than 20 gold. Could I make profit on it? Probably. Is it worth it? Not really. I would have to camp and repost many many times a day at very small margins. If I have to camp, I would rather do it with gems.
ReplyDeleteVaries by server of course.
Yeah, I agree, for many high level glyphers & many servers, this definitely would be more hassle than it's worth but for someone just starting inscription, I wanted to give a little hope that they can make some profits even from the very lowest glyphs.
ReplyDeleteI know on my main server, I only make glyphs that are listed at 200g or more & I usually have over 150 glyphs up at a time but if I was just starting a scribe, this would kinda give me hope :)
I wish glyphs sold in that range. The new Shaman glyph was at 25 gold withing a couple of hours of the patch. One glyph guy is keeping them all at this low level. If he leaves, I will start producing them again.
ReplyDeleteRegardless of the low profit margins for those of us who are goblins, I do agree that it is a nice way to make gold for a new character. It is one of the few (read:only) professions that can immediately make an impact in your pocketbook.
Oh, and I remember during Wrath I would have upwards of 1200 glyphs posted at a time. Ah the good ole days.