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	<title>World of Warcraft Gold Network</title>
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		<title>The Warcraft Economy</title>
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		<pubDate>Fri, 30 Apr 2010 23:12:34 +0000</pubDate>
		<dc:creator>Emily</dc:creator>
				<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[buy wow gold]]></category>
		<category><![CDATA[warcraft economy]]></category>
		<category><![CDATA[warcraft gold]]></category>
		<category><![CDATA[world of warcraft gold]]></category>
		<category><![CDATA[wow economy]]></category>

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		<description><![CDATA[Modern Finances

Azeroth Style

 You&#8217;re a human paladin standing in your bank vault in the bustling city of Stormwind.  The shelves surrounding you are full of various weapons, armor, potions and other miscellaneous items that you have picked up throughout your many journeys and battles across the lands of Azeroth.
 All of the items that [...]]]></description>
			<content:encoded><![CDATA[<p style="margin-bottom: 0cm; text-align: center;"><span style="font-family: Verdana,sans-serif;"><span style="font-size: x-large;"><strong>Modern Finances</strong></span></span></p>
<p style="margin-bottom: 0cm;"><a href="http://goldworldofwarcraft.net/wp-content/uploads/2010/04/worldofwarcraftgoldnetwork.jpg"><img class="aligncenter size-medium wp-image-8" title="world of warcraft gold network" src="http://goldworldofwarcraft.net/wp-content/uploads/2010/04/worldofwarcraftgoldnetwork-211x300.jpg" alt="world of warcraft gold network" width="211" height="300" /></a></p>
<p style="margin-bottom: 0cm;"><span style="font-family: Verdana,sans-serif;"><span style="font-size: medium;"><em>Azeroth Style</em></span></span></p>
<p style="margin-bottom: 0cm;">
<p style="margin-bottom: 0cm;"><span style="font-family: Verdana,sans-serif;"><span style="font-size: medium;"><em> </em></span></span><span style="font-family: Verdana,sans-serif;"><span style="font-size: small;"><span style="font-style: normal;">You&#8217;re a human paladin standing in your bank vault in the bustling city of Stormwind.  The shelves surrounding you are full of various weapons, armor, potions and other miscellaneous items that you have picked up throughout your many journeys and battles across the lands of Azeroth.</span></span></span></p>
<p style="margin-bottom: 0cm;"><span style="font-family: Verdana,sans-serif;"><span style="font-size: small;"><span style="font-style: normal;"> All of the items that you use day to day, you tend to carry around with you.  Some of the things you are storing in the bank are useful to you at times, so you keep them where they are safe knowing you can retrieve them when you need them.  However, the majority of what litters your vault you have no personal use for. </span></span></span><span style="font-family: Verdana,sans-serif;"><span style="font-size: small;"><span style="font-style: normal;"><span style="font-weight: normal;">What is a Paladin to do?</span></span></span></span></p>
<p style="margin-bottom: 0cm; font-style: normal;"><span style="font-family: Verdana,sans-serif;"><span style="font-size: small;"><strong>The Auction House</strong></span></span></p>
<p style="margin-bottom: 0cm;"><span style="font-family: Verdana,sans-serif;"><span style="font-size: small;"><span style="font-style: normal;"><strong> </strong></span></span></span><span style="font-family: Verdana,sans-serif;"><span style="font-size: small;"><span style="font-style: normal;"><span style="font-weight: normal;">It&#8217;s time for a little house cleaning and to <a title="buy wow gold" href="http://mymmoshop.com/buy/world-of-warcraft-us/gold/index.php">buy wow gold</a>.  So, like the trusty paladin that you are, you gather up your various things and head down to the local auction house.  Now, since you are a well seasoned paladin, you know that the first thing you need to do is scope out your competition.</span></span></span></span></p>
<p style="margin-bottom: 0cm; font-style: normal; font-weight: normal;"><span style="font-family: Verdana,sans-serif;"><span style="font-size: small;"> So you walk around the Auction house and check out the prices that other people are charging for the same items that you want to sell.  Once you get a good feel for the market value it is then time to set up shop. </span></span></p>
<p style="margin-bottom: 0cm; font-style: normal;"><span style="font-family: Verdana,sans-serif;"><span style="font-size: small;"><strong>The Three Marketing Approaches</strong></span></span></p>
<p style="margin-bottom: 0cm; font-style: normal; font-weight: normal;"><span style="font-family: Verdana,sans-serif;"><span style="font-size: small;"> If you&#8217;re a paladin with a bit of a rough edge to you, you might take the items that you have for sell and undercut your competition by a few silver.  Although this strategy will guarantee that your item sells the fastest, you might make a few enemies because if enough people lower the price, then the market value will drop in time.  You have the power to drastically effect the economy.</span></span></p>
<p style="margin-bottom: 0cm; font-style: normal; font-weight: normal;"><span style="font-family: Verdana,sans-serif;"><span style="font-size: small;"> Now, if you are the run-of-the-mill straight laced kinda paladin, you might want to consider selling your item for the mid to low range that other people are selling them for.  You may not make your money right away, but it eventually will sell and no one will throw rocks at you as you walk by.</span></span></p>
<p style="margin-bottom: 0cm; font-style: normal; font-weight: normal;"><span style="font-family: Verdana,sans-serif;"><span style="font-size: small;"> The third strategy is for people who are not in any hurry to get their money.  This strategy is all about controlling the supply.  You sell your item for the high end of its price range.  Usually you will have to wait for the other vendors to sell out of their stock, first.  Then once they do, your item will be in demand. </span></span></p>
<p style="margin-bottom: 0cm; font-style: normal; font-weight: normal;"><span style="font-family: Verdana,sans-serif;"><span style="font-size: small;"> An addition to this strategy is to find something that has more demand than supply.  Then work out a way to accumulate multiple of that item.  However, even though you will have multiple of the item, you will only sell one at the auction house at a time.  By doing this, the average market price for that item will sometimes even steadily creep up.</span></span></p>
<p style="margin-bottom: 0cm; font-style: normal;"><span style="font-family: Verdana,sans-serif;"><span style="font-size: small;"><strong>The Down Low</strong></span></span></p>
<p style="margin-bottom: 0cm; font-style: normal; font-weight: normal;"><span style="font-family: Verdana,sans-serif;"><span style="font-size: small;"> The players in World of Warcraft have a lot of influence over the economy and market prices of items.  If enough people sell a particular item at a lower than normal cost, that price will become the norm.  So, the bottom line is, you can just run through the regular game mechanics and sell <a title="world of warcraft gold" href="http://mymmoshop.com/buy/world-of-warcraft-us/gold/index.php">world of warcraft gold</a> that you get from your kills to the npc merchants and slowly gain money that way. </span></span></p>
<p style="margin-bottom: 0cm; font-style: normal; font-weight: normal;"><span style="font-family: Verdana,sans-serif;"><span style="font-size: small;"> However, like the paladin, if I were you, I would spend some time learning the ins and outs of the auction house.  It&#8217;s fully automated and you don&#8217;t have to be online for your items to sell.  The economy is made for YOU the player.  Take advantage of it!</span></span></p>
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