All of the WoWenomics team members are avid cooks. Many of us cook for profit even more than we cook for our own personal needs. Accordingly, we tend to keep a pretty close eye on the prices of raw foods.
We recently found that the prices of the raw fish required to craft a Fish Feast continue to drop. They’re not dropping in a straight downward cycle but rater an up and down downward spiral. The same is true of Northern Spices all though the spices seem to hold there value a little better these days.
Of the 12 auction houses we checked over the past week, ALL of them showed the total cost of all of the materials required to cook a stack of Fish Feast was less than the amount the Fish Feast sell for. In fact, while the prices of the raw fish continue to drop, the price of the Fish Feast itself seems to be on the rise.
This price disparity is a common occurrence in WoW until prices of both the materials and the crafted item reach a stable value. Most items, over time, reach this form of stabilization and it may be that Fish Feast prices have already stabilized on your own server but, from what we can tell at the moment, this is not the case for most servers. Exploiting the difference between crafting costs and out and out purchase costs is one of the fastest and easiest ways to make money in WoW.
Currently, the lowest price premium of the 12 servers we looked at showed the Fish Feast selling for 8% more than the cost of the materials required to produce it. The best premium was 31%. That is a huge amount of profit to be gained from very, very little effort.
Bear in mind that it may take a little while for your feast to sell. We set our auctions at 48 hours and only post one at a time. Generally, we undercut any other feasts by one silver when we post. It also pays to be aware that Fish Feast is only useable by cooks with a skill level of 425 so, if you’re not a chef, this may be a more risky investment on which to attempt a straight buy-low-and-sell-high trade.