Reset Day Profits

One of the most important things is when to sell. Usually, I have seen the weekends have a huge increase in sales (Friday Night/Saturday/Sunday) and Tuesday and Wednesday. On Thursdays, Mondays, and early in the AM on almost any day are the best times to buy. Weekends is fairly obvious since more people are off work, and Tuesday and Wednesday are when raid lockout reset, so you'll see fairly high profit. When the lockouts reset people get new gear from raids (either through drops or valor points which buy them drops) and in turn there's a frenzy for enchants and gems.

Using my example of the other day, let's see what I raked in on Tuesday:

My inscription reset was interrupted last night, it was split into two parts. 3,261 was my first log in for the day. After I got back to it, I had made another 920 was my second. I pulled in 1,584 this morning from over night glyphs. I didn't sell any darkmoon cards unfortunately, but I still pulled in 5,765.

For jewelcrafting on my first log in, I brought in 3,479. My late night gems included no reds, and was a mere 463. I was merely undercut and ignored in this market over night. I tend to stick to only the best selling cuts as opposed to inscription where I craft any glyph that is profitable. For a grand total for jewelcrafting over 3,942.

My shaman sells my caster leg enchants and enchanting. I really haven't made a large enough variety. Mostly because I want safe sure things and I don't really want to micro manage scrolls. On my first log in, I made 1,464 (not counting the two pvp rings I sold for about 500 total), so 1,964. I made another 1,842 over night bolstered by selling some of those way over priced enchants. This totally, my profit at 3,306.

5,765+3,942+3,306= 13,033 for my grand total for Tuesday.

I could have probably had a much stronger showing with jewelcrafting if I would have spent more time on it. My gut tells me I was just undercut too quickly. I am used to doing glyphs once or twice a day and that's it. Jewelcrafting isn't that friendly—there's huge competition. I did jewelcrafting in “waves”--I'd post two at a time and then repost. Each time, I'd gain more and more auctions. This tiered system, saved me some time on cancel and repost cycles.

For enchanting...I just wasn't selling enough. I mentioned It before, but only a few types of enchants doesn't really grab the whole market. I probably needed about 20 more.

Inscription did so well because I have 350 different items up as opposed to 10 or 20 like the other two professions. The one major difference is...all the glyphs are the same to craft. It doesn't really matter what it is. (This isn't entirely true because shimmering ink is much cheaper than other types, but relative to say enchants, it is easy to price glyphs in a range.) Jewelcrafting has this same truth within colors, but a red gem is very different than a yellow one. Glyphs are definitely easier to micro manage.

I don't know if I'd bother disrupting the status quo, but those would be the best ways to do so.  Knowing your market and putting your time in to do so are the strongest skills.