Quote:
Go out and farm enough titanium or arctic fur or blue gems or specialty cloth and then we'll talk.
Just to add some support. In the past week of playing, most of which was spent in areas Titanium spawns regularly, I have seen ONE node. That's it. One. So, if I want to make my secondary skill's best selling, 20-hour CD item, I'd have to buy the mats I didn't have from mining Saronite (and/or farm crystallized fire, which also drop from Titanium nodes).
On my server, 6 Titanium Ore (RIGHT NOW) would cost me just under 90G.
One Eternal Fire would cost me 22G (10 crystallized fire cost 25-30G).
If I didn't have any Eternal Earth and Shadow, that would be another 7 and 5G, respectively.
So, all in all, to buy all the mats (since I couldn't farm them in that 20 hour period), it would cost me 112-124G. A Titansteel Bar sells for 140-145G right now. I'd have spend that much money for a measly 29% profit (best case scenario, 112 cost and 145 sale).
On the other hand, I just did a quick search for a green. Arctic Boots cost 5G, with a yield of 1-3 Infinite Dust (75%), 1-2 Lesser Cosmic Essences (25%) and/or a Small Dream Shard (5%).
Infinite Dust sell for 2.25G each.
Lesser Cosmic Essence sells for 6.25G each.
Small Dream Shard 5G each.
It takes 2 Infinite Dust to break even, which is a very likely return. 3 infinite dust is a 45% return. Any other result is even higher profit, barring 1 Lesser Cosmic Essence which is only 25%.
Now, that may not look awesome, but remember. This is just a random, non-under-priced item. There were four more by different sellers at the same price. And it only took 5G. Your chance of losing money is low, breaking even okay and gaining 25%+ high. For an item that ISN'T OVERPRICED. If you use auctioneer and enchantrix to find low-priced items, you can make a huge amount of money with enchanting. Not long ago, I made a BE on a new server. By the time he was level 8, he had 57G to his name due to DEing low level loot he bought cheap off the AH. And I didn't spend much time. Went in, bought stuff that was underpriced, affordable and in my skill range, DEed it, posted full stacks and went on my way.
All this with a single profession. I can't do that with Prospecting. I'm lucky if I break even with my results (just mat prices), at AH prices. If I want to turn a profit, I have to turn those gems into dailies (and I can only do that once a day, turning two gems into 13G, after questing for another item to include in the recipe (and you sometimes have to go way out of your way to get it).
Saronite Ore, on my server, sells for a minimum of 15G a stack. I just DEd a stack and got a Huge Citrine(1.25G), 2 Bloodstone(2.5G), and a Dark Jade(2.25G). 15G (I bought a stack) just turned into 6G. Yay). Yes, you occasionally can get a rarer quality gem, but they each have only a 4% chance of dropping, and a stack only offers 4 prospects. And, on my server, all but the Scarlet Ruby are at 10G or below. So I'd still only make a whopping 6.66% profit if I got the best of the other rare gems.
Yeah, that's the same as DE.
And, you know, I regularly get ore to Prospect from heroics/raids... My won greed roll for an ilvl 200 blue pant is 10G and change. An enchanter's is 18-24G on my server, depending on the point in the week. Sorry, but that's an 80% increase and you didn't do anything. I mine up ore and my profession's side skill loses money. I don't get it nearly as bad as others, though, as JC can still make money as a profession.
A solid majestic zircon, on my server, sells for 180-200G (up to 220+ if there isn't competition). A majestic zircon is 140-165. So that's still constant profit, even if the return is low. Other professions don't make items that you will buy regularly. Or, if they do, they are expensive and there's only a few.