How can I use VLC to convert media? for instance WAV to MP3.
I searched the internet and all the tutorials I found describe the process on older VLC versions (my version is 1.0.0)
The How-To-Geek has a guide here.
Basically you open VLC.
It is a little bit different with the mac versions. (I don't know what system you're running.)
From the file menu choose streaming/exporting wizard
Select Transcode/Save to File and hit next
Choose the file to convert, then the encoding type and the file to save to and you're done!