Material flipping is one of the best markets for beginner gold makers looking to get better at the pure Auction House based methods.
The major advantage is of course that items generally sell quickly, so the margin of error is quite generous and you are very unlikely to lose a lot of gold or make particularly bad decisions.
What is flipping?
I have just started doing some material flipping on my challenge realm and you can see the resale summary for materials below. These are all from the last week!
Flipping Materials basics
When flipping you are buying low and selling high. When flipping materials you are acting as an intermediary between farmers and crafters. Demand for a lot of end items is highly variable over time. This also holds through for crafting mats. People who craft a lot (like me) will buy tons of stuff from the AH in one go. I can have sessions where I drop 500 000 gold or more in 15 minutes.
One very important thing to note is that flipping can be risky. If you buy the wrong amount at the wrong price you can lose gold. Look at the current AH situation and see if you can realistically resell the items quickly or not. If there are a ton of 200 stacks at 99%dbmarket you might want to wait for the situation to change or adjust your max buying price down.
Farmers just want to get their gold usually. Crafters will prefer neatly stacked items at decent prices. When flipping Legion materials your goal is not to sell items above market price, but to buy them below. Selling in stacks of 200 is usually best.
There is a lot of gold to be made if you can find a farmer and buy directly without the AH in between. Large farmers will usually be willing to sell their mats below market if they can be sure you will buy it. Advertise in trade with messages like this: “WTB Monelite Ore, any amount 30g I buy large amounts every day!”. It can be a great competitive advantage both for flipping and crafting.
Which materials are best to flip?
Below you will find my list of preferences for flipping:
- Food and fish
- Enchanting materials
I am only talking about BfA materials here. Herbs and food and fish are the top three because they are primarily used to craft consumables. This is great as it ensures high and very predictably variable demand.
Enchanting materials are also used for consumables, but the materials are primarily created by mass crafting so supply is generally too even for flipping on my realm. It could be different for you.
Herbs are awesome to flip. Demand is highly variable, and it’s fairly predictable throughout the week. Potion and flask demand peaks on raid reset day. Herb prices will generally fall throughout the week and hit bottom during the weekend. Then go back up slightly around Tuesday/Wednesday. There’s also a lot of gold to be made from turning smaller stacks into stacks of 200. The small stacks are usually cheaper and you can often get away with posting stacks of 200 at 110% dbmarket. Start with the basic herbs and then experiment with Ancor Weed using manual posting, as they are not used in the same amounts.
Buy everything below 80% dbmarket and sell in 200 stacks at 100-110% dbmarket and you will most likely make gold. You can get away with buying herbs at higher prices, as demand will usually spike the price above DBmarket during the week.
Food and Fish
Food and Fish materials are used in cooking recipes. Demand varies between the items based on what recipes they are used in. The food recipes usually take 5 of each so you can usually sell large volumes without problem. So far I’ve found that the various fishes sell best, particularly the ones used in feasts. Meaty Haunches and Stringy Loins will also sell in really large numbers.
The generic TSM operation included should work very well for flipping food and fish.
Pigments are used by Inscription. They are primarily used for Darkmoon Cards, and thus only the viridescent pigments or inks are really interesting. Demand can be uneven, but the market for decks is quite competitive. If you want to enter this I suggest looking for cheap viridescent inks. I would not recommend going into the market for crimsons or ultramarines, at least not with my basic settings. You are completely dependent on getting your pigments substantially below market to make this work. I suggest setting the max price to 70% dbmarket to increase your safety margin.
Ore is sold by farmers, both smaller and larger. Monelite ore is used for the various BS consumables as well as for leveling blacksmithing. Storm Silver is primarily used for blacksmithing gear and platinum ore is mostly used for prospecting. . You will want to focus on selling at 100% dbmarket to ensure sales. Make your gold by finding ore that is cheaper than 70% dbmarket to ensure strong profits. The end items are not all consumable so this market is riskier than the ones above (but it can still be great).
WARNING: Veiled Crystals are still very volatile and trending downwards. I do not suggest using my setup out of the box for flipping them.
Enchanting materials are typically primarily crafted by enchanters shuffling. As these people mass craft the items supply is steady. I would therefore generally suggest being careful flipping Gloom Dust and Umbra Shards. Veiled Crystals are much harder to reliably craft on the other hand so they exhibit higher variability. They are used for all the high-end enchants and demand will spike on Raid reset day so make sure you are selling on Wednesday/Tuesday.
Your best bet is to sell to people who use the leather or cloth for the Expulsom shuffle, especially players who craft a lot of Honorable Combatant armor or the Darkmoon Decks. This means you need to buy your items well below market value, as this process is usually very price sensitive. It is also the main driver of leather/cloth prices. I have not yet tried my hand at flipping this market, so I am not sure which items are best. I would assume finding the items used for the shuffles for significantly less than market value to be the best way to make gold in this market.
You can find my TSM settings in my pastebin. They are generalized for all Legion materials to buy below 80% dbmarket and sell in stacks of 200, 100, 50, 20 and 10 at 100% dbmarket. The group linked contains all the BfA materials and applies the same settings to all of them. It will only undercut other stacks of the same size. You will typically want to improve it as you go.
When you scan the result page will look like the screenshot below. You will typically want to buy items that are below 100% of the max price as indicated in the rightmost column.
Tips for beginner gold makers
I realized that my setup and approach above is a bit too focused on the way I flip, so I added this section for beginners. In this case I would say this applies to players below 100k.
For you capital will be a limiting factor. This means two things, you want to take on less risk, and you want to sell your stuff even faster to get some quick sales.
What does this mean?
It means you need to focus on a subset of materials. You should start with just one item at a time.
I would suggest picking one of the cooking materials used in feasts or Riverbud/Siren’s Pollen. Do not invest too much gold at a time. Your risk tolerance will have to be the guiding factor here.
You should also use a more conservative setup. I would suggest using a maximum shopping price of 60% dbmarket and a minimum price when posting at 80% dbmarket.
You can get a TSM group here that only contains the food and herb groups as well as settings with reduced price levels.