Just wanted to say THANKS
to everyone who has contributed a bit of knowledge to this forum. I wish I would've started keeping track of when I started getting really serious about crafting a month ago. I know that I've made at least 6-7 million credits in that time span. I also know that I've only gotten to the tip of the iceberg. The OCD in me wants to start keeping track of how many crew missions I've run, what they cost, and what was returned, as well as then what I've listed and what items have sold for.
I'd like to pay it forward some, even though I know that what I'm about to share might end up impacting my sales negatively. Except for Synthweaving, I'm 400 on the other crafting crew skills with my other toons. Below is what I've learned, but there are always exceptions and your mileage may vary.
seems (to me) to be the best skill to start off with. Not only for crafting to make credits, but also for making mods, armor, and earpieces for yourself and companions.
Also, think of it this way: Each character and companion needs anywhere from 1-8 armorings and 1-9 mods. So starting off, you might as well craft the items that you (and others) will need the most. Artifice is good for your enhancements, but as others have posted, the color crystal market has been somewhat dilluted with the lvl 10 +41 stat crystals that you can get from cartel packs.
I'm not saying that you can't make money off of implants (2 per character/companion), hilts (1-2 per every Force character/character), Offhands (1 per character/companion), and Barrels (1-2 per non-Force character/companion). But with mods and armorings, you're filling a much greater need, and you're selling to the entire fleet (not every character/companion uses an offhand, hilt or barrel).
No matter your crafting skill, try to RE blues
on everything. Purples
are nice, but in many cases you can make more money selling the individual purple mats than the crafted item that uses them. And remember, F2P can not use purples (which lowers your # of potential buyers).
Low-level items (9-35) sell like hotcakes. I concentrate on selling only blue
items, but when I have had listed green
items, they sell just as well (but just not as much money). Also, how many folks are like myself, who get up to around lvl 40 and decide, "I wanna make a <insert-a-class-here>" and start a new character. (I just started a Trooper and just need to start a consular to have one character for each class.) I believe you've got a much higher buying population for characters from lvl 9-35 than you do lvl 36 and higher. (side note: I'd LOVE it if Bioware would share the breakdown of character levels on each server, or at least percentages)
If you see someone has listed something on the GTN's ridiculous low default price (or the person has just listed something extremely low): Buy it and re-list it at the appropriate price. I can't tell you how many times I've bought a $1k-$2 enhancement/mod/armoring and turned around and re-listed it and sold it for over $7k.
Get those companion affections up to 10k. I believe I read on here that for each 2k of affection adds a +1% crit chance on crew skill missions returning with purple mats.
After crafting awhile, you'll notice which materials you routinely run out of. You'll then notice that those mats are usually much more expensive than it would be running a crew skill mission or farming a planet or FP for the mats. I keep a list of certain mats and run through that list anytime I'm at the GTN. Jump on low-priced stacks when it makes sense to do so (i.e. - Doesn't hurt your profit margin too much.)
Speaking of farming planets or FP's - For my lvl 50 Guardian who is Biochem, I routinely run out of Genetic Anomaly (level 2 bioanalysis compound). So I go and solo Mandalorian Raiders and within 10 minutes, I've usually got anywhere from 10-20 of them. (At 50, you can pretty much walk by everything. Just make sure you kill all of the strong beasts and harvest them.) And I'm sure there's some low-level Heroics that you can also solo and farm mats that way as well.
Except for selling individual purple
mats, I'd rather craft and sell items than try to sell individual green
mats on the GTN. As stated above, you can usually make more money selling individual purple
mats than the item you would craft with them. But with green
, it's very rare that I find that selling the individual mats would net me a larger profit than crafting an item with those mats.
But I've read on this forum from many who all they do is sell mats. And that is perfectly fine to do. Different strokes for different folks. But in my mind, crafting a low-level green
item with 2-4 Desh and/or Silica and selling it for +$1k is much more fun than selling stacks of 10 Desh for $200 (or whatever the going rate is). Of course, if you're selling individual mats, look for those that are most needed (usually because the scheme requires a greater number of them).
Always set your sell time to 1d. Unless you're not going to be logging in for a couple of days, set it to 1d. The market can fluctuate very quickly. Many times, you'll come back and notice that the items that you were initially listing at the lowest price (let's say $8k) are now being sold by other crafters for $5k-$7k, and there are 2-5 pages of items that will need to be sold before they get to yours.
Sometimes I've gotten lucky, and the lower priced ones get sold and no one has listed any cheaper items and mine will eventually get sold. But sometimes the going rate for particularly items will stay low, and you can't make any money if you've reached the max number of GTN slots and prices are too high. So listing at 1 day lets items expire and you can decide if you want to undercut everyone by 1 credit, or if you want to list other items and see if the market goes back to where it originally was when you first listed.
Whatever you are crafting, check the GTN for the going rates and inventory. I forget the exact levels, but there are some armorings that use the exact same mats (including the number of those mats). For example, (again...not exactly sure if these were the levels), lvl 17 and lvl 19 armorings have the same recipes. You go out on GTN and see that lvl 17 armorings are selling for $1k-$2k more than lvl 19, and that there is only 2 pages listed (and one page is all purples) for lvl 17 armorings, while there are 5+ pages for lvl 19 armorings. Which do you think you should craft?
You don't always have the be the lowest priced. If one item is listed at $7k and then the next 10 items are listed at $10k, I'll usually set mine at $9999k.
Ultimately, do what makes you happy (and hopefully a little bit of a profit).
I know some of the things I posted above are common sense to many. But hopefully somebody finds some of this information useful.
I will say that it also helps if you have more than one lvl 50 who might share a gathering crew skill. It's great to be able to send 10 companions on scavenging missions and mailing mats to each other who might need them the most. And the credits won't start rolling in until you're able to be sending 5 companions out either gathering or crafting.