Once you have a character created you will need to head out to the gold tree. Do you hear that Blizzard? We want a gold tree!! Sadly, there is no gold tree. Blizzard has yet to respond to my many emails regarding this suggestion so we will have to go about it the old fashioned way.
Loot Everything
I can’t emphasize the importance of this enough. Every
little bit adds up and you never know when you might loot that special item
worth a pretty penny on the auction house. You can also get quite a bit from
items you vendor. You will also want to
hold onto any green gear you pick up. Transmogrification is a hot thing right
now and you never know when something might be worth quite a bit to someone. It
will take a little extra work but research each piece of gear and to see how
rare and desirable it is. Even the less desirable items can be sold for a few
gold to those who don’t want to purchase the higher priced transmog items.
Quest rewards
Sometimes a quest will offer you gear that you can’t use. It
might be that there isn't an upgrade or they simply aren't offering the type of
gear you use. In these situations always mouse over each piece and take a look
at the vendor price. There can sometimes be quite a bit of a discrepancy. You
will want to select the item that sells for more. This is a nice little trick
for getting the most out of questing.
Take notice of the amount of copper these two items from the same quest sell for. Willem's Mitts will net me 8 copper from the vendor whereas the Peacebringer's Staff will net me 32 copper. That's 24 extra copper! When you are just starting out these can add up quick.
Professions
Pick up two gathering professions. You will likely change at
least one if them to a crafting profession but for now you want to gather as
much as you can so you can sell it on the auction house. Which two gathering professions you pick is up
to you. Consider looking on the auction house to see what seems to have a good
price for low level mats.
Blingtron
If you decide to make a bank character be sure to create a
Troll or Orc for the Horde side and a human if you are going with Alliance. The
reason for this is because you want to be in high population city (like Orgrimmar or Stormwind) so you can
have a better chance to come across a Blingtron 4000. The Blingtron is
created by engineers and offers a daily quest to everyone. The daily quest will
award you a Blingtron 4000 Gift Package which can contain some grey vendor
items that sell for up to 20 gold. That means you can earn as much as 20 gold
per day profit if you can manage to find one each day. It also has the chance
of dropping some engineering pets and mounts as well as some other items that
sell well on the auction house. Blingtron will show up on your map as a blue
daily quest. You can hover over the blue exclamation point on your map and it
will show you if it is Blingtron or something else.
Guild Signatures
People often offer gold in exchange for guild charter
signatures. You can sometimes find people giving out up to 100 gold for your
signature. Keep a close eye on trade for this. All it requires is for you to
click one button! It’s as easy as that. Once the guild is formed be sure to
/gquit so you can be available to sign future guild charters. This can be a
profitable way of building starting capital.
Watch Trade for Free Items or Deals
Often people will give things away for free in trade. They
dislike the idea of destroying or vendoring items that they feel can be useful
to someone. Be that someone!! No matter what it is you can make something of it
even if you ultimately sell it to a vendor. Some of those items might sell for
as much as 20 gold to a vendor. That can mean the difference between struggling
to get started and actually getting started on flipping items.
This lovely item popped up in trade while I was auctioning some copper I mined. This person was offering it for free! I didn't accept the item because I wanted to only use things that everyone has access to. However, I highly recommend watching trade for these sorts of things. Even if you sell it to the vendor for the 6 gold that is still a nice bump up from nothing. That 6 gold can go along way for making some small investments.
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