Today I wanted to bring you guys a bread and butter Pro Tip. This is one I've been using since I leveled my first alchemist just close to a year ago. Since then, I have had tons of success flipping Recipe: Philosopher's Stone
Why is it Important?
An alchemist needs to have a Philosopher's stone to complete transmutes. The one that is most important and relative to today's market is Transmuting Truegold. You may have noticed many people jumping into the alchemy profession solely for this skill. You can't blame them really. I personally have three alchemists transmuting truegold on a daily basis. With that being said, every alchemist has to have this recipe and it doesn't come from a city vendor.
Where to Obtain the Recipe?
Unfortunately, you're going to have make the trek to Tanaris. You know, the place where alts use to go to die. But now, just the place where you go to train ZF. But I digress. There are two options for getting to Tanaris. (At least that I use.) Your first is to take flight. This is quite long, and is usually what makes people want to just buy the item off the Auction House. Your second option is to head to Dalarn, port to the Caverns of Time and run the rest of the way.
Which ever way to choose to get there, be sure to stock up on recipes. They can be purchased from Alchemist Pestlezugg. I usually buy a bag or two full and throw them in one of my guild tabs. At 80 silver each, I think I can have a few stocked up. While your there, you may want to buy a few Transmute Arcanite Recipes as well. Don't be surprised to see a spike in demand for Arcanite Bars, especially if Transmogrification ever hits legendaries.
How To Post
Now that you're all stocked up, lets talk about how you need to actually go about posting these. DO NOT mass post. If you mass post these, you're going to fail. Plain and simple. The best way to post these are usually in singles with no more then three listed at one time. Depending on server size. If you're on a smaller server, I would shoot for two.
I then list the patterns on 48 hours usually anywhere from 100-200 gold. With the economy slowing down and players looking for new ways to make gold I've been posting closer to the 200 gold mark. The reasoning behind this is simple. I own the market. No on else is posting these on my server, which means I can set my own pricing. 200 gold seems reasonable to pay to not have to take a flight to Tanaris. It makes posting them worth my time, and falls just below what people would consider unreasonable in regards to price. The sweet spot, sort-of-speak. You're not going to sell 20 of these a week. However, on a good week you may sell 5. That' an extra 1,000 gold in your pocket for very little effort. It doesn't sound like a lot, but it's just another source of income to add to your limitless revenue streams.
This same method can be implemented with several different rare recipes. What recipes are selling? Do you have ideas that have worked well for you? I want to know about them. Feel free to leave them in the comments section.