Inscription - 5k gold in 3 weeks

I have had a bit of a rough week and even now am suffering from ‘Man Flu’. On my second box of paper tissues now. I have managed to spend a little time developing my scribes on Magtheridon and Mazrigos (EU).

Mazrigos (EU)
Yesterday I got my retribution paladin to level 35 and immediately jumped to 247 inscription, my highest level in this profession. I am only making profitable items at the moment rather than power levelling, it did expand my range of glyphs made from Celestial Inks though. Currently the Lion Ink Glyphs seem most profitable and I am adjusting my strategy to focusing on my most profitable glyphs using data gathered over the last 3 weeks.
Here are the headline figures;
Week 1 glyphs sold 76, 500 gold plus stock (estimated 600+ gold)
Week 2 glyphs sold 103, 1500 gold
Week 3 glyphs sold 210, 4500 gold

What follows is a breakdown of my process, I have made a few tweaks here and there over the last few weeks.

I use just two addons, AuctionLite and recently MailOpener, both can be found on Curse. I also made use of a spreadsheet to keep track of the current selling price always adjusting downwards and number of sales of each glyph though I have read of an addon that will do the same thing.

Buying the materials;
at the start I had 30-40 gold to buy herbs but I have repeated the process on another realm just using farming. Of course a smater auctioneer will probably buy out cheap herbs and can then list their own at a higher price. Generally I go through each group of herbs for a particular ink and buy any below the threshold (for Midnight Ink this is 50s) unless I have more than a weeks worth of ink stock. It depends on how much storage space you have to be honest.

Based on this price I have a cost to make of each glyph, currently glyphs made from Midnight Ink cost me around 7.5 gold to make. I will then list one of each glyph (two if someone has listed them for more than my maximum price). AuctionLite allows you to remember the buyout price so this isn’t as time consuming as you might expect. If my buyout is lower than the current minimum bid price I will often adjust upwards. I continue to adjust my price downwards as long as I make an acceptable profit as determined on the spreadsheet. Intially I set this at 5g per glyph but with such a large range available now I have increased my minimum profit.

As I sell glyphs I re-craft and re-list. Remember each realms economy differs, for example on Magtheridon EU I only sold 40 glyphs but made more gold.

I research one glyph each day and if profitable I craft and auction it. From day to day some glyphs may drop below the cost price but will often be worth selling a day or so later

Over the 3 weeks I found some glyphs earned me more gold than others allowing me to focus on those more if I had limited time. 10 glyphs account for two-thirds of gold made from midnight ink glyphs for example. If I have time I also post other glyphs though.

I found it useful to have Herbalism on my scribe due to the XP boost it gives while levelling and just in case there is a sudden lack of supply of a herb group. I am currently unable to gather the Celestial Ink herbs but that should change very soon which stops anyone from trying to force me out of the market by controlling the availability of materials.

Don’t forget to list the non-glyph items, they are essential free to make so any gold they make is extra.