My experience with gold making was that having an army of transmuters was an OK way to get a little cash (not much for the effort) or to have a way to mass produce stuff that required the products of transmutation, but I didn't really find it as beneficial as just playing off of having at least one of every profession maxxed out and taking advantages of opportunities as they come up.
In Cata, for example, I made a stupidly large amount of money and all it required was having:
- 1 max level enchanter
- 1 max level jewelcrafter
- 1 max level alchemist
I would buy ore off the AH and prospect it for gems. I would then cut and sell gems that, when cut, sold for more than whatever else I could make from them, and that would sell FAST (this was pretty much all the red or red-hybrid gems). Then I would make all the rest of the gems that could be made into jewelry to be sold or disenchanted, and then I would either make enchants or sell the enchanting mats if that was more profitable.
At first it was a bit slow - I couldn't afford much ore, but as ore became cheaper and I had more money I was able to continually grow my bankroll and continually buy and make more stuff. At first I was buying maybe 10-20 stacks of ore a day, but by the time I really got rolling I had an arrangement with multiple farmers to buy any amount of ore they would send me and between that and the AH I was going through hundreds of stacks of ore every day, to the point where just prospecting, crafting and disenchanting took multiple hours some times.
On a slow day I'd make maybe 5-10k in profit, and on a fast day (like the first week or so after 4.3 hit) I was making over 100k a day in profit for a few hours effort. I know some other people who were really ruthless about squeezing every copper out of the process were making more than that, but I just wasn't willing to obsess over checking the AH and relisting constantly.
Because everything I was selling was basically a commodity item, things would sell fast even when there was a minor undercut. Since enchanting mats don't have any listing fees it didn't matter if I got massively undercut - as long as the price was above the point where I needed it to be to make a profit I would just post more whenever enough people had lower prices than me. On gems I would price at the middle of the market and because they go so fast even if people undercut me I would still sell quickly.
You can do this kind of thing as a multi or single boxer - you really don't need to have an assembly line of multiple characters getting the same professions, except maybe jewlcrafting or any profession where you have to do dailies to get tokens for recipes and you want to be able to get all the cuts fast, but that really only matters for the initial gold rush and towards the end it isn't that big a deal.
If you don't want to do that, just wait for the AoE looting and clearing dungeons. You'll make ridiculous amounts of gold just off drops and vendor trash without even having to bother playing on the AH.
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Originally Posted by kate
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