There are many people out there that are enjoying the advantages and profits that the transmogrification market is offering. Even though it has been commented by many different bloggers on how to get the most of the market, there are many, many people that simply don't want to deal with the hassle on how to import lists into Auctionator and decide that is not a good market for them.
The whole idea is that you WANT to get in on the market, but you don't want to go after a particular item. So the only logical step would be to go after ALL the items on the auction house that are in the affordable zone. What i mean by this is that you want to manually go through the auction house and scan it for deals.
Now when you think about this, the first thing that comes into your mind is that you are going to have to scrolls through pages and pages of auctions and then sort out what is worth buying, and what is crap that you don't want to have. Well you would be wrong again, as that couldn't be further away from the truth. All it takes is about 5 minutes of your time and a character that is near an auction house.
make a new group in TSM and configure it so it posts the items at a high price and a low undercut. In my case i have them reposted at 1950g and a 1c undercut and a lowest price at 600g, but you can define your prices any way you like.
So the whole idea behind this is to simply acquire as many cheap items from the auction house and repost them back at a very high profit margin and simply wait for a potential buyer to take the bait. The image on the right is sales from that same character that i took in like 10 minutes before i made the video so you can see that those items that i bought out for 5-30g price range sold for 100x their worth and netted in some nice profit. If you want to get a better idea on which items to look out for check out one of the older posts about it but that will only give you a outline, if you want to get a much more detailed look at the matter you might want to check out Faid's Clockwork Riot blog, and Jim Younkin from Power Word: Gold as they have both covered the transmogrification market in a more detailed extent. If you are a Twitter user you might want to check out The Mogfather and Farli from The Overcut. If i have forgotten anyone else that is a major contributor to the Mogging scene put it in the comments and i will add him as well.
So, like always, keep an eye out for good opportunities out there.