It’s not news that you can convert:
1 Eternal (element) <–> 10 Crystallized (element)
1 Primal (element) <–> 10 Mote of (element)
However this still remains a profitable niche on the auction house, you’ll usually find one market is much higher priced than the other market when a simple conversion can give you a profit.
Example: You check your AH and see that 1 Eternal Fire sells for 20g and 10 Crystallized Fire sell for 3g 50s each.
Converting the 1 Eternal Fire to 10 Crystallized = 10 x 3g 50s = 35g. Giving you a profit of 35g-20g = 15g
The trick is to be able to spot these opportunities in a timely and efficient manner that makes it profitable and allows you to snag them and fill the demand in the under supplied market. I learned about market demand when using Luke’s gold guide, I have made most of my gold from his guide. I’d recommend you take a look.
The addon which allows a quick (50 seconds) summary of all the elemental prices is called Quick Auction 2.
Here is an example of how I made 315 gold in 10 minutes!
This may seem confusing but I’ll show you how I got my numbers.
You can see in Column I in row 50, that is 272g profit from buying 20 Eternal Fires at 19g each (Column B, Row 50) which I can convert into (20 x 10 = 200 Crystallized Fires) at a cost of 1g 90s each. I can then turn around a resell them for 3g 26s(Column B, Row 56), thus giving me a profit (Column H, row 50) of 1g 36s.
How did I find out which conversions were profitable so fast?
You must have the following:
- I used an excel spreadsheet, here take the one I made (download it here)
1. Go to the Auction House and click on the “Auctions “ tab in the auction house then click “summary” at the top of the window.
This will bring up Quick Auctions Summary window, click on Elemental and then click “Get Data”
This will populate all the amounts you see at the far right, insert these numbers into the corresponding rows in Column B of the spreadsheet (using windowed mode is win here).
After you insert the amounts, the spreadsheet will automatically convert the prices from Unit to Unit conversion (Column C) .
Look in Column F, if you see a high NEGATIVE number, that will provide a large profit margin. You’ll also see the profit amount in Column H per unit (look at Image #1 above).
Now start buying up what gives you a profit, and type in Column G how many units you bought of each, this will return how much profit you made in column I.
This is a very bare bones spreadsheet I made up, and you may buy items priced at different price points.
If a crystallized fire sells for 3g 50s and there are Eternal Fires selling for 22g, 24g, 26g, you’ll buy all of those since they make a profit, but your profit margins will all be different. Just don’t surpass the 35g (3g 50s x 10) or you’ll be losing money.
It may seem confusing, I intend to make a video post of this later, but I believe it can be done multiple times a day and return a nice profit. I use this and
Remember to check out Luke’s Guide. It will definitely give you an upper hand on learning more about how to make gold and the WoW economy.
Click Here to sign up to the RSS feed to know when the next article is posted!
Popularity: 2% [?]
