|Crafting Pants and Selling Them|
Crafting is by far the most ridiculous way to make gold in the Diablo 3 Beta. I'm sure that it will remain the same after release. It takes a decent investment, but once you craft enough times you will eventually create more than a few valuable items.
The thing about crafting for a profit is that any good item is going to make you some money. For most players, they will be crafting just for themselves, so the chances of getting exactly what they want is slim to none. The chance of getting something at least one other player wants is much greater. That's the advantage you have in attempting to craft to make money over the average player.
Another advantage you have is your willingness to invest lots of gold to get better stat rolls. Most players are going to try a few times and then settle for whatever they got. You on the other hand, you know the value of being patient and investing enough gold to get something worth selling.
Here's an example of myself crafting Hide Breeches. The crafting cost is well over 1,000 gold (including subtle essences), but the results were pretty amazing. In crafting 20 Hide Breeches, I came up with the screenshot above. Namely, 5 valuable Hide Breeches worth anywhere from 15,000 to 35,000 gold and I was undercutting pretty heavily to increase selling speed.
If everything sells then I will earn 106,250 gold after fees and approximately 86,250 gold after investment costs are subtracted. That took me, what, less than 5 minutes?
I don't care so much about the flat number of 86,250 gold but rather the fact that I made four times my initial investment. In later difficulties, it will be harder to get the exact affixes you want, but there should also be more affixes that players want on their gear. It's going to be hard to say whether this ratio will go up or down for the more expensive recipes.
I'm starting to realize that whenever I make a strategy public it can have a serious effect on the marketplace. After publicizing the Apprentice Flamberge market on multiple websites, I have seen a huge surge in the number of auctions being posts (and a decrease in price). It's still profitable, but not quite as absurd as it used to be. Have I doomed Hide Breeches as well?