Enchanting Scrolls - getting started

Welcome to my blog about World of Warcraft. Specifically I'll be talking about making gold on the auction house, using crafting professions to make profits, buy and sell techniques and various AH mods as I learn them. I'm fairly new at making gold in WoW and I'm not rich by any means. This is more of a live journal approach as I learn the tools used to make loads of gold in WoW. One day I'd love to hit the gold cap.

I have a few epic flyers, maxed professions on a couple characters. I've made gold before but I quickly spent it all. I've done jewelcrafting for profit and also farmed daily quests. My current thoughts are that I shouldn't neglect dailies for now. In the future when I can make more gold/hour playing the AH consistently, I might quit dailies. I've done quite a few in my time. But right now I'm still a rookie at this game, so boosting my gold through dailies or herb farming is still valuable.





Today I found an interesting mod to help me make gold a little easier in WoW. It's called LilSparky's Workshop and what it essentially does is adds up the sum of the reagants used to craft something using your professions. For example on my enchanter, I want to craft say, Scroll of Enchant 2H Weapon - Massacre. I'm in front of the AH, I look up the cost of each component quickly. The add-on will scan and do the rest (I use in combination with Auctioneer, but I'll be looking more into other addons soon.




So today I invested a fair amount of gold into creating some enchant scrolls.

Scroll of Enchant Weapon - Mighty Spellpower
Scroll of Enchant Staff - Greater Spellpower
Scroll of Enchant Bracers - Superior Spellpower
Scroll of Enchant Cloak - Titanweave
Scroll of Enchant Cloak - Greater Speed
Scroll of Enchant Bracers - Greater Assault
Scroll of Enchant Chest - Powerful Stats (I made 2 of these, one sold quickly so I made another)
Scroll of Enchant Weapon - Fiery Weapon



I was a bit limitted by a lack of Vellum scrolls on the auction house. So of the few I had, I wanted to create premium enchants with high markups. In the future I'll be experimenting with pricing. On the one hand I'd like to price lower to create faster turnaround. But I can't trust the undercutters. If I post at 499 they'll post at 498. If I post at 299 they'll post at 298. I'm not sure what my overall point is here, other then trying to find the best balance between high turnaround and decent profit. To me it's better to have 24 hour turnaround and 40g profits, instead of 72 hour turnaround with 100g profits.


What else today? I'm mainly experimenting with enchanting scrolls. I built up around 3500g by herbing and selling frost lotus at steep prices (they move for 55-60g on my server and I've had a few lucky 1 hour runs pulling in 12-14 lotus in that hour). Now I'm investing that money around. I have an alchemist on the same faction. Gem transmutes are obvious. I'm trying to find the sweet point in the flask market of when to buy, when to sell. Margins are tight, but I know theres room in the market.

On the other faction I have a jewelcrafter and engineer. As well as 2x titansteel cooldowns. I may level a tailor, I have a priest with no professions there. Or maybe inscription on one of my characters.


I'll update this post later when my scrolls sell, what I paid to craft them, how quickly they sold, how much profit I made. It's a fairly simple market once you get rolling, but sales seem quite slow. Sellers seem to cancel auctions and undercut, since everyone wants to be the first listing for a particular scroll since the buyers are rather scarce. At the moment of posting, profit margins seem good though. But I've seen some brutal fluctuations in the JC market that have nearly thrown me out of business. So I'll have to be careful for that in the future.