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Old 04/29/08, 1:43 PM   #1
topojijo
Devout follower in the Holy Church of Beast Lore
 
Tauren Hunter
 
Mal'Ganis
Generating Guild Bank money

So in relation to this thread How to effectively use Guild Bank revenue? my guild has the opposite problem. As a middle Tier guild on a super competitive server like Mal'Ganis we don't really have much to offer to generate income.

For those guilds that were or are in a similar situation what are you doing to generate income for your guild?

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Old 04/29/08, 3:41 PM   #2
talzar
Piston Honda
 
Human Warrior
 
Blackhand
What exactly does middle tier constitute? Give us an idea of which bosses you're farming.

As others have said, selling BT/Hyjal patterns, selling hearts of darkness once you've kill Shahraz, selling epic gems, etc... All offer good revenue. Higher end guilds (Sunwell) sell recipes for crap-tons of money on my server (10-18k gold depending on the recipe)

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Old 04/29/08, 4:18 PM   #3
topojijo
Devout follower in the Holy Church of Beast Lore
 
Tauren Hunter
 
Mal'Ganis
Beginning BT/Hyjal content, basically up through Gorefiend right now so selling hearts simply isn't an option, also most patterns my guild members use so selling them just isn't productive.

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Old 04/29/08, 4:30 PM   #4
Uglesh
Piston Honda
 
Orc Warrior
 
Bonechewer
Tell get everyone to take 1 hr before a raid to split into groups of 5 and do dailies.... 25 people x 150 G = 3750 G for the guild bank.

At your progression level there is little you can sell that will generate the sums of cash people are making at the bleeding edge.

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Old 04/29/08, 4:32 PM   #5
talzar
Piston Honda
 
Human Warrior
 
Blackhand
If you're still farming SSC/TK content you can sell Vortexes or T5-level recipes (boots).

I'm pretty surprised your guild actually uses the tradeable recipes, I didn't think many of those were actually that great, but either way recipes drop a TON so you should end up with way more than you need. Also, the lesser-used epic gems are usually good to sell (especially the green ones, PvPers love resilience + stamina gems).

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Old 04/29/08, 5:30 PM   #6
Akj
Piston Honda
 
Orc Warlock
 
Suramar
After reading how guilds sponsor repair bills, consumables and profession leveling costs in the other thread, I am keen on generating a steady source of income for our guild bank too. We are a TBC guild and have been farming Illidan for a month now. Pattern & HoD sales comprise the bulk of our current income however it is neither steady nor sizable. One of our members suggested selling T6 glove tokens (raid spots) for gold/consumables. Is this a good/steady income generator? Are there any other enterprising ways for BT/HY farm guilds to generate revenue?

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Old 04/29/08, 5:54 PM   #7
Eledorian
Piston Honda
 
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Night Elf Warrior
 
Hellfire (EU)
Originally Posted by Akj View Post
After reading how guilds sponsor repair bills, consumables and profession leveling costs in the other thread, I am keen on generating a steady source of income for our guild bank too. We are a TBC guild and have been farming Illidan for a month now. Pattern & HoD sales comprise the bulk of our current income however it is neither steady nor sizable. One of our members suggested selling T6 glove tokens (raid spots) for gold/consumables. Is this a good/steady income generator? Are there any other enterprising ways for BT/HY farm guilds to generate revenue?
Gems/Patterns/HoDs is by far the best way to go, of course the earlier you can sell them the more gold you make and the market will be larger.

I have no real experience with selling glove tokens, though I could imagine if people would want them enough you could always sell them, depends on how much people are willing to pay for 1 piece of T6 when they can essentially get equal loot (depends on spec I suppose) from Badges.

There's no real enterprising way for a T6 farming guild to really make gold outside of that (unless you start looking into things that you don't gather during raids).

One thing that does generate a nice profit is selling Primal Life/Shadow to guilds hitting mother (I did this personally but I suppose you could do that as a guild too). But that all depends on how many guilds are at mother and how well prepared they are.

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Old 04/29/08, 6:11 PM   #8
Kigale
Piston Honda
 
Orc Hunter
 
Fenris
Has anybody tried auctioning off a raid spot where the person is entitled to any gear they want (with exceptions outlined in advance)? This could also be in the form of a lottery where people buy a ticket and get to roll to see who gets a spot. This could be opened to the general public or even just to guild alts.
Also with the attunement dropped on BT/Hyjal there are many guilds on my server skipping Kael and Vashj, has anybody tried to sell spots to kill these bosses so the people that skipped them can still get the hyjal ring?
I'm wondering if there is a market in these ideas or if it will just cause a headache.

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Old 04/29/08, 6:23 PM   #9
 Penguin
Not Enough Rage.
 
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Ehandel
Tauren Warrior
 
No WoW Account
We tried floating the idea of selling raid spots in T5 after we dropped it, and it turned out that many raiders either:
a) wouldn't show up since they didn't need the money and thus didn't want to waste time in old content,
b) still wanted something from T5 and the 'exclusion' drop list eventually encompassed the whole zone,
c) wanted to bring their own alts but didn't want to pay.

The idea was dropped, but selling hearts, plans and gems has our bank comfortably over 100k, even picking up every raider repair bill since SW opened.

There's not some hidden "but he tries really hard" variable built into the game. -Slake

I always love the "it doesn't fit my style of play" line. There are only two styles of play; Correct, and Incorrect. The only people that ever use this line are people with the incorrect style of play. -Sebudai

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Old 04/30/08, 1:15 AM   #10
xiaoxin21
Don Flamenco
 
No account
Human Mage
 
No WoW Account
The easy way to make money at that teir level, assuming your guild have some free time is to form a raid on SW trash.

You can sell sunmotes for about 1-3kgold(depending on server) and epic gems too. If you are lucky to get an epic robe dps recipe, it is an instant 10k+ if you tout it to some cash rich raiders in high end guilds. Know lots of raiders that would not bat an eyelid spending 10k gold on sunfire robes for example.

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Old 04/30/08, 3:06 AM   #11
Sproutie
Glass Joe
 
Night Elf Druid
 
Tarren Mill (EU)
Not exactly a 'great' income, but during our 7~ months of farming BT/MH before Sunwell came out, we did the following easy trick:

* Boss X dies.
* Person who can loot the money leaves the raid and picks it up (this used to be approx. 100 gold)
* Person goes back into the raid and drops the money into the guildbank after the raid.

This boosted the gbank-money steadily. Obviously if you start doing that now, its not a huge income. Then again, the bosses drop alot more money nowadays.

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Old 04/30/08, 4:20 AM   #12
Astmathic
Don Flamenco
 
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Blood Elf Priest
 
Stormscale (EU)
Originally Posted by Sproutie View Post
Not exactly a 'great' income, but during our 7~ months of farming BT/MH before Sunwell came out, we did the following easy trick:

* Boss X dies.
* Person who can loot the money leaves the raid and picks it up (this used to be approx. 100 gold)
* Person goes back into the raid and drops the money into the guildbank after the raid.

This boosted the gbank-money steadily. Obviously if you start doing that now, its not a huge income. Then again, the bosses drop alot more money nowadays.

Weve tried that, however it's pretty hard now that raidbosses gives badges cause apparently its more important to run and loot the badges instead of actually trying to ress etc.

What Im thinking is having an bankalt for the guild that is a player that actually knows how to play the ah and do the same here but for the guild instead. Maybe award that person with free consumables and repairs and 5% of the gold he generates?

A bit offtopic but interesting thought: Anyone thought of starting an "investment company" ingame? You manage peoples gold and giving them interest. With more gold you can more easily manage the ah.

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Old 04/30/08, 5:13 AM   #13
Oaklin
Von Kaiser
 
Night Elf Druid
 
Aman'Thul
Originally Posted by Astmathic View Post
What Im thinking is having an bankalt for the guild that is a player that actually knows how to play the ah and do the same here but for the guild instead. Maybe award that person with free consumables and repairs and 5% of the gold he generates?

A bit offtopic but interesting thought: Anyone thought of starting an "investment company" ingame? You manage peoples gold and giving them interest. With more gold you can more easily manage the ah.

The problem with that is that anyone who plays the AH would already have large amounts of capital, and would get a better reward/effort ratio managing that capital rather than getting a 5% cut of managing the guild's resources. It basically has to be volunteer work.

Theres also a level of gold beyond which having more doesnt make you earn any faster (around 10k gold), unlike real life. You cannot appoint an agent to watch the market 24/7 for you and buy/sell all materials above/below a certain price range. In the end, you are limited by time and market size. There is also no outlet (hence no incentive) to amassing insane fortunes unless you wish to risk gold selling.

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Old 04/30/08, 6:00 AM   #14
Dynalisia
Piston Honda
 
Night Elf Druid
 
Emerald Dream (EU)
Ìn my experience it's a.. difficult thing to speculate with guildbank money because any deal you make for the guildbank is one you have to pass on for yourself. This might sound a bit egoistic, but people that have the knack/interest in this kind of things simply tend to work like that, what can I say. Not saying it's impossible, I think I made a modest extra bit of cash for our own guildbank working the AH at my own expense like this, but it's less fun for sure and not something I like spending a lot of time on. Never even mind the massive amount of administration a real investment fund would take. So I'll subscribe to the statement that it would take a very humanitarian guy volunteering for the job to do it on a structural basis with some succes

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Old 04/30/08, 6:03 AM   #15
Astmathic
Don Flamenco
 
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Blood Elf Priest
 
Stormscale (EU)
Originally Posted by Oaklin View Post
The problem with that is that anyone who plays the AH would already have large amounts of capital, and would get a better reward/effort ratio managing that capital rather than getting a 5% cut of managing the guild's resources. It basically has to be volunteer work.

Theres also a level of gold beyond which having more doesnt make you earn any faster (around 10k gold), unlike real life. You cannot appoint an agent to watch the market 24/7 for you and buy/sell all materials above/below a certain price range. In the end, you are limited by time and market size. There is also no outlet (hence no incentive) to amassing insane fortunes unless you wish to risk gold selling.

Well, of course it probably would be like volunteer work but if you put the free consumables, repairs and keep 5% gold as incentive it might feel better for the person doing it.

I don't really buy the point about the stagnation of making money faster at some level. If raiding wasnt so fun I would probably spend all my time just managing auctions. If you have a larger amount of gold you should be able to control more markets, such as twink items, void crystals etc.

It would ofc become pretty hard to keep track of all but it can work.

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