If, however, you plan on undercutting to make a quick sale, you need to change some configurations. Now the first thing we need to be aware of is that, out of the box, these addons will be telling you what they think you can sell something for if you're firm on price and there's a fair bit of demand. Now when you open your blacksmithing window, you are presented with a list of recipes you can make, as well as two new numbers: their cost and price, and the difference is your profits. Go and download the LilSparky's Workshop addon. Now that auctioneer is installed and you've done a first scan, let's get an addon to apply all this data to our crafting window.
When it's done, auctioneer will be able to tell you the current price of any sellable commodity. What it's doing is grabbing a complete list of every auction on the auction house right now, and what you will be doing with this information is deciding what items are profitable. This process will take a little time, so be prepared to do some blank staring.
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