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And by income, I mean in game currency.
Most people run Silverbolt, (gathering bot from mmomimic) and gather herbs and ore, sell these items, or transmute/change them into other items that sell well on the Auction House system.
(Transmutation circle, lol)
Anyway,
I've noticed some farmers limit themselves to single sources of income.
Many people are comfortable with the way they do things, their methods of sale, and see no reason to change what already works well.
Well, With the new patch right around the corner, I feel it's important to investigate multiple platforms from which to obtain profit.
This can include but is not limited to:
*Gathering
*Alchemy (from gathering ore or herbs, this includes flasks and transmutation)
*Fishing
*Cooking (raids need fish feasts, people need buff food, it's great money)
*Rare pet spawns
*BC/WOTLK entry gear (the prices of gear for lvl 58 and 68 on the AH is insanely high)
The common mistake I notice when people pick sources of income is they rely more on one specific type (like everyone is relying on gathering right now),
And then when major changes like the ones coming for Frost Lotus happen,
They are left stumped and their profits cut into.
Whoever said you gotta spend money to make money was not kidding.
I'm reminded of a video MD posted a while back, Detailing how he was constantly investing in new small ventures, some of them failing, and some of them skyrocketing..
The gold market and the means to farm it is the same way.
My Advice:
Don't be too picky when stocking up on backup accounts (backup accounts save lives!)
Any toon can be a fisherman, and herbalism and mining are cake to level up.
Invest as little as possible into these accounts, so they startup cost is minimal.
Many servers have specific items and areas of the economy that need serious controlling,
And this is where you can capitalize.
Identify the items and areas lacking economic control on your server, and dominate them.
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