How to Make #PhatStacks in the Crafting Corner


Good afternoon, no-lifes, try-hards, and those who would call themselves l33t.

If you have decided to read my article, then you likely have never crafted, visited gw2spidy.com, or you may simply have no friends on Earth or in Tyria- how upsetting.

Regardless, I get my dopamine from hearing my name and article get dropped on one of my favorite podcasts; therefore, you, dear reader, will do me the solid of commenting, or at least leaving a proper troll for me to chuckle at, past the wee hours when my woman is asleep and I contemplate my existence.

Returning to the topic at hand which I have so very well avoided, making money through crafting is possible, no matter what level you are and is much easier to understand than currency trading or flipping items on the market. The three basic steps are:

  1. Find and craft an item that you can craft (leatherworker: 400/500) that sells (high price) for more than it cost you to craft it.
  2. Put a small amount of said item on the market.
  3. Receive gold from the item being sold or pull the item and lower the price to remain competitive

This is your first stop. Go to https://www.gw2spidy.com/

2

Select a discipline which you have already leveled past 0/500.

For the purpose of this exercise, I have chosen leatherworker. Set the rating to your current skill level within that crafting discipline and check the box that says "Hide recipes that require an unlock". Then click the "filter button".

For the purpose of this exercise, I have chosen leatherworker.
Set the rating to your current skill level within that crafting discipline and check the box that says “Hide recipes that require an unlock”. Then click the “filter button”.

Personally, I find that sorting the results based on profit percentage versus profit is more profitable, but you can do whichever you want; click on either one to immediately sort the spreadsheet.

I'm not a mathematician, so I can't say for sure which items are the bst to craft. I recommend staying away from items that have very low demand compared to the supply.

I’m not a mathematician, so I can’t say for sure which items are the best to craft. I recommend staying away from items that have very low demand compared to the supply.

I chose the Practical Leatherworker's Tools because it has a demand ~4x higher than its supply, it does not require a recipe, it only requires one ingredient which I can buy on the trading post, and I can expect a 22.47 silver profit, this 4th day of march, 2015.

I chose the Practical Leatherworker’s Tools because it has a demand ~4x higher than its supply, it does not require a recipe, it only requires one ingredient which I can buy on the trading post, and I can expect a 22.47 silver profit, this 4th day of march, 2015.

Check the box which reads: "collapse items marked to BUY / TP". Below that box, is shown the cheapest way to craft an item with the exception of gathering the resources yourself.

Check the box which reads: “collapse items marked to BUY / TP”. Below that box, is shown the cheapest way to craft an item with the exception of gathering the resources yourself. When you have acquired all of your components from the Black Lion Trading Co., Karma vendors, or scavenging, create a small number of the item you intended to make and sell an even smaller amount of them at the most competitive price, possible, so that you do not drive down the value of your own goods or waste money on listing fees for items which do not end up being sold at the price you originally listed them at.

4 comments

  1. This looks very interesting – I’ll have to check out the site and what it has.

    Check your links to gw2spidy.com – should be http, not https.

    • Char-char O'Dell /

      Roger, thank you for the edit.

      Isn’t this site great!? All of the gold an none of the grind!

      #phatloots

  2. ARebelIronic /

    I looked at gw2spidy.com the last time you listed it, and again now, and I saw the same issue both times. That issue is that the “Sell Price” is whatever someone is offering to sell the item for. For example, the “Vital Green Wood Harpoon Gun” says I can craft it for 7 silver and sell it for 11 Gold. Just because someone is offering to sell it for 11 Gold doesn’t mean anyway will actually pay that, however. The highest buy offer is for 6 silver. This same pattern applied to everything I looked at (and I skip the obvious crazy ones like this). Sellers were offering to sell at the listed profit, but the highest buy offer was below the crafting cost.

    How are you actually making money with this?

    • Char-char O'Dell /

      If I understand your question, you’ve noticed that making money on crafting depends on the “buy it now” offer being higher than the cost of crafting, listing, and exchanging an item. Contrast to the “buy it now” option is the “bidding war” option.

      It all comes down to how patient a buyer or seller is. For the seller, he needs to sell an item the first time, occasionally, because if the difference between crafting and the “buy it now” offer is 1.5G, but the listing fee is 0.5G and the exchange fee is 0.5G, then if he fails to sell the item on the first offer, he can only break even on the second, and he loses money on the third.

      For the buyer, the question is: “how long am I willing to wait for this item? are there few enough sellers that they can hold out for someone to give in and “buy it now”.

      This is why the most profitable area of the market is weapons and armor for level 10-20 players who are new. Generally, they want the item right then and there and don’t know well enough to see it is overpriced.

      I make money buy making a small amount of an item that has been selling well recently, has relatively few sellers, and relatively high buyers with enough of a profit margin that I can afford to list it on the market at least twice.

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