WoD Impact on Profession Markets

[Stupud]

I was wondering what the initial thoughts were regarding the changes to gear in WoD? As someone who maintains substantial control of the gem market on my server, I was thinking that the reduction in gem slots across armor would have a serious impact on my gold-making. Wondering what everyone else' take on things were?

Thanks

[Xentronium]

Yeah, there are a lot of things happening that will affect markets.

Fewer gem slots. Fewer enchantable items. A lot less dailies meaning less gold there. More Timeless Isle-esque stuff. TI didn't exactly drop a lot of gold either.

The Garrison letting players have more than just two professions is the biggie though, depending on how Blizz eventually implement it.

[Mormolyce]

Impossible to know at the moment but likely the value of gems will shoot up but the actual demand will drop. Sockets will be rare but the gems you put in them will be stronger and not count against the ILVL.

I'd say you'd better diversify your portfolio, you're not going to have a captive audience anymore.

[Syro]

Maby it will be kind of like the glyph market nowadays?

[Baelic]

As far as I understood it, Garrison professions will be a limited version of any profession that you don't have. So if you aint a Blacksmith you'll still need to find someone to make you the best gear.

[ThrallQQ]

Yeah, there are a lot of things happening that will affect markets.

Fewer gem slots. Fewer enchantable items. A lot less dailies meaning less gold there. More Timeless Isle-esque stuff. TI didn't exactly drop a lot of gold either.

The Garrison letting players have more than just two professions is the biggie though, depending on how Blizz eventually implement it.

I'm sure they will make up for the tiny bit of gold you get from dailies. And just so you know - you DO NOT get to have more than two primary professions. Garrisons simply allow you to have a gimped down version of said profession (having the actual profession will ALWAYS be better) and you can't even have them all.

[medievalman1]

Too soon to tell, there's no way of knowing if blizzard will simply nerf the droprates of gems via prospecting (and keep the droprate low like pandaren nodes-with the pick, of course). This would effective drop the supply of gems to keep up with the "decreased" demand.

[Hagendaz]

I'd imagine the newer gems may be harder to get and in turn cost more. Considering you'll need less of them. Some other things to consider are there may be many versions of any one type of gem.

Let me elaborate on what may happen, this of course is just speculation obviously...

You mine the new ore, you prospect it, and it has a chance to give you one of three types of gems - Uncommon, rare, and epic quality. Epic quality may be a 5% or less chance at any given prospect. Uncommon gem gives you 100 str, rare gem gives you 200 str, and epic gem gives you 300 or more strength. Obviously this may not be how it'll be at all, though I highly doubt they're just going to ruin a professions market.

[Tenjen]

prices of gems will most likely go up, but it depends on how many gems can be obtained from prospecting. if its like now, the market will get swamped and prices will fall steeply.

Garrisons have limited prof provisions and they wont have the truely valuable items (like for eg, the current Spirit of War stuff equivalent of WoD), Resources from them will typically be limited (like farms right now).

by the time enough people reach and obtain substantially developed garrisons craftmen would have been able to get the minor profit boom that comes during the population leveling time period where crafted low end expansion gear is sought.

[ejpaints]

Meh I have all profs anyway. And unless I sit there and camp the AH, my server has so many AH campers the gold I can make there is mediocre anyway. So whatever.

[szandos]

If there's no difference to how you create gems then prices will drop through the floor due to less demand. However, we have no idea how you will make gems in wod. For example they could be limited by a daily cd or something.

[Sett]

If they market enchanting to have an xmog-like status for weapons I can see the market booming for enchants. A limit of access on JC also will be a big thing to make the market semi-recoverable. I'm a bit saddened though. I made a lot of money off metas this expac.

Wonder if belt buckles will stay.

[Notorious]

Didn't Tom Chilton state in one of the panels "It's more important that players use new gear they pick up than some players getting rich of AH" or something in the lines of that. So yeah, there it is. JC is currently the only way to make some coin on my server.

[Deleted]

Seems like easy street and more dumbing down. Less products means less chance to differentiate yourself. The AH has changed this expansion and the bots are in control of most of the major professions. This is the first time where even JC has been swamped by gems. It will be worse in WoD.

You are much better off specialising and finding other niches because these days loads of people have multiple professions and dont bother with the ah. theres also way more competition, ah camping and undercutting from TSM which provides near automation once it is set up properly. There will be a rush in demand as is usual at the beginning of an expansion and then it will drop off faster. If the mats for enchanting are interchangeable and not unique, then the same thing will happen.

The money will be there for earlu adopters, but it will drop off very quickly in terms of profitability unless you are prepared to go industrial or camp the ah.

BTW OP if your sever is small enough for you to be able to have control of the market, then your main problem will be the number of active players.

[Serissa]

As someone who maintains substantial control of the gem market on my server

Just wait for virtual merging with 5+ other servers and enjoy your profit drops to 0

You are welcome.

[Hellravager]

I will most likely farm ore or farm enchanting mats for a day or 2 and then level

[Stupud]

Just wait for virtual merging with 5+ other servers and enjoy your profit drops to 0 You are welcome.

Was not the focus of the question! My server still hasn't popped up on the merge list so I will bank my profits for now - thank you.

Just wanted to start some discussion around how they see their markets change, since there is a lot of experience in these forums.

With the so-called changes to jewel crafting having jewelry specific to roles, yes, I agree that there may be some opportunity there, but certainly not the same breadth of market that jewel crafting now occupies. I suppose leather working and blacksmithing will still be able to produce armor which early in an expansion are valuable across the board. Inscription I was never a big fan of, with fewer items being enchant able, I see enchant in the same boat as JC, and mixology, at least on my server, slows way down after the first few weeks of an expansion. Also, with less items being enchantable, JC-able, etc., I wonder what everyones take on collecting profs too? Seems like this will have a great impact across the board....

[Mhyroth]

I was about to "reset" the entire Auction House on my medium/low pop realm in anticipation of the new expansion.
It seems like all professions will get an overhaul and old materials won't be used except for vanity stuff.
The way they did it with Blacksmithing was ok-ish, although the amount of materials (ghost iron bars) was a little over the top compared to the "old world" materials.
If less items will be able to be enchanted/gemmed then the overall market will saturate and prices will go down quickly. The demand will be lower as the available quantity... Blizzard said they wanted JC's to make rings and other vanity items, but who buys rings/necklaces if they are not BiS or good for a long period of time.
I HOPE Blizzard knows what they are doing and will give Goblins a little more work, as opposed to how it's looking now for WoD. Else I'll have to stick with the transmog market, where a lot of people jumped in lately...

[Deleted]

If less items will be able to be enchanted/gemmed then the overall market will saturate and prices will go down quickly.

Depends on whether there is less ore and lots of other factors which will affaect supply and demand.