Volume Over Margin

I recently have been playing in the glyph market in addition to my usual gem areas of crafting. A principle that all craftsmen should take in to consideration when manufacturing goods from materials in the auction house is the volume of sales you expect to get on a set of items compared to the ROI you anticipate. (ROI == return on investment)

Within a 24 hour period I may sell 4 austere shadowspirit diamond and 1 Effulgent Shadowspirit Diamond

My ROI on the Austere is about 50g, my margin on the effulgent is 150g

Selling the 4 Austere's provides me with more profit then selling 1 Effulgent, likewise if I could sell two Effulgent SDs a day it would be like selling 6 Austere (I wish I could sell 2 eff's a day, they just don't appeal to my server)

Knowing the average of volume of a certain good per day is a great way to maximize your profits when deciding what to make and how much to make how often. Let me be clear that I do not choose to make one of these cuts over the other, I make them both. I use my knowledge of volume trends to know how much I am making, what I expect to get back and how many to list at a time to avoid over spending in deposits from returned auctions.

Processing Elementium

There has not been a post here in quite some time. This has a lot to do with waiting for the cata tweaks and inflation to adjust. While waiting for the markets to normalize I have been busy making tons of gold in the meta market.

Why meta gems?

1.) I have 2 transmutation specialist alchemists so I can proc on making my meta gems (not that two matters since there is no cooldown on making meta gems).
2.) there is no cooldown on making meta gems.
3.) I have two jewelcrafters at my disposal  so we can double the rate at which we acquire recipes
4.) There are not a lot of people saturating the meta market so competition across many patterns is very low

So I purchase large amounts of elementium which on my server range from 2g to 5+g per peice (I am thresholding this at about 3.5-3.8g) prospect all this while playing internet poker and then load the ah every night.

I'm making a decent profit off of this and an additional amount when I add in the blue gems I am cutting and auctioning or auctioning raw depending on the current market position. I notice that Ocean sapphires are going well over their cut versions often.

I'll be posting more soon!