Inflated Shihei Prices hmmmmm......

So much hate! Hacha!

Rather than sell the entire product at a cheaper price and cut out the crafter (a very bad idea.. I mean, why would you want to do that aside from just intentionally being rude?) Why not sell some of the mats through a vendor at a cheaper price? Cut the costs of production a bit to help drive the cost down?

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Originally Posted by Anethia

So what you're saying is that because they take an hour, if even that, to make 10 stacks of toolbags, rather than camping an NM they may not even get anything off of, I have to pay an amount that is 3-5x more than the cost of the materials to make it? All because I'm paying for their time? Apparently you and I value time on a far different scale then, selling for 40k-50k a stack is more than enough to cover the cost of materials and still make a profit. It won't be as big a profit margin but the profit is there. Guess what, in real life my time is worth more to me than 15 dollars an hour, yet that's all that I get paid for providing a service.

You sound like those mid east oil jerks that artificially decrease the supply to force prices up, knowing that the ignorant masses will inevitably pay the inflated cost. It's not actually costing anymore to drill for it than normal, they just know they can artificially create a supply vs demand scenario to increase profits. It's called sticky pricing, decrease the supply to force the price up, when the price peaks you then increase the supply at the inflated price. The price will stay pretty much the same in contrast to the increased supply, thus causing a major jump in the overall profit margin.

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I find it offensive to be compared to those kind of folks and really 70k a stack is to low when you factor in how long it takes to gather the materials and synth the shihei themselves.

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Originally Posted by Karbuncle

I think i just rekindled my Hatred for Crafting. Went to go craft Shihei because of this thread, My Woodworking is 73. 2 Stacks of Ink/4 Bast got me 10 stacks of Shihei +33.

So i went to buy an other Stack of Ink/2Bast to finish off a full 12 Stacks, and my results

33
33
33
33
33
33
33
33
33
33

I f**king hate crafting.

Edit:
33
Break
66

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Love it :) how true.

Seriously though, guess I am one of the lucky ones. I can make the black ink and buy the bast parchment to send to a friend to make shihei. We have a help system within our shell with different crafters. I can do the alchemy bit, someone else can do the cooking bit, another the woodworking, another gold, another fishes up the nebs for black ink and we all help one another with items we might need. If someone needs help farming something we do it. Anything left over goes on AH. :)

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So what you're saying is that because they take an hour, if even that, to make 10 stacks of toolbags, rather than camping an NM they may not even get anything off of, I have to pay an amount that is 3-5x more than the cost of the materials to make it? All because I'm paying for their time? Apparently you and I value time on a far different scale then, selling for 40k-50k a stack is more than enough to cover the cost of materials and still make a profit. It won't be as big a profit margin but the profit is there. Guess what, in real life my time is worth more to me than 15 dollars an hour, yet that's all that I get paid for providing a service.

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I'm assuming you intended to go do something later, you need to scratch that and go make me shihei at cost or very little profit, get to it! Oh you don't want to you say? what if I offered a higher price?

See how it works?

You people make your own arguments for the high prices because honestly it's so easy to level WW to a point ot make this you should be doing it yourself? Yet, you dont because it's not worth your time.

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Originally Posted by Runespider

You people make your own arguments for the high prices because honestly it's so easy to level WW to a point ot make this you should be doing it yourself? Yet, you dont because it's not worth your time.

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I make shihei for personal use and if I'm starving for cash and the prices are high enough I'll make them to sell.

has anyone notice the thousands of ninjas flooding port jeuno lately?

Even though its expensive I kind of understand it, I saw the prices and figured NOWAI. then I realised...

It cost me about 7k to make 1 stack myself, which 12 would be 80k, Not bad but a 12 stack from AH is 100k and I might just pay the extra 20 to avoid breaks and time consuming (as I can only make 33 with 29 ww), I think I would do this rather than pay the 150k it costs for a toolbag. Because I can put it into tool bags for like 5k myself, thus its only cost me 105k for 12 toolbags rather than the 150k on AH. (Hell I could make 45k profit here by doing piratically nothing lol)

It is high, but until its like 200k (or if u aint 150k) stfu lol im a returning character and plan to do ninja and im not scared of these prices. Making gil is too easy.

Actually Rog you are the retard. Clearly you've never heard of competative markets (and you tell everyone else to take an economics class). Starting a business is nowhere near as easy you like to make it sound. I work in an industry where competitive bidding is the norm, in other words the company that offers to do the job for the least amount of money gets the contract. The same goes with employee's, the ones who will settle for less get the job. That means that in my chosen profession I'm actually between a rock and hard place. My wage barely covers expenses and isn't seeing any improvement in the near future. But I can't go find another job and make the same pay cause there is someone out there willing to do it for less. And in an economy where landscaping companies start up and fail daily, starting my own is not an option.

You sir are the one who needs a lesson in real world economics. Just because supply increases doesn't always mean that price goes down. When it comes down to real world commodities such as food and gasoline when the supply increases people buy more, thus an equavalent increase in demand follows the supply. Therefore prices never see a significant drop.

@ runespider, if I offended I apologize, my intent was only to make a comparison between the mentalities. But my point still stands, you think all your time is worth 70k, that is where you and I disagree. If the AH showed vendors that we could choose from it would promote a more competitive market.

For example:

Buyer looks up shihei on the AH and rather than just seeing current supply and price history if who bought and who the seller was (current system doesnt give a choice of who to buy from), instead we see:
*list of people selling comes up
*list shows their respective price
*buyer can now choose who to buy from based on how much they charge

You sell for 100k
I want your customers so I under bid you @ 90k
You want them back so you under bid me @85k
The catch being that you cannot buy out my inventory unless all yours sell or you pull them out of market, and same thing goes for me trying to buy you out.

And ultimately keeps going back and forth until it reaches a balancing point. In this way your "time" actually becomes worth less because people are now trying under bid you to take your business while still making money themselves. It's not THAT different than the current system but now gives an option of who to buy from rather than just blindly guessing and hope we get a lower price.

The way it works right now people just blindly buy at the going rate. Don't try bringing up "bazaar" cause that's a flawed system where the guy next to you can buy all your stuff then turn around and sell it at a higher price. Creating a lack in supply and drive the price up to his or her liking.

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Originally Posted by Anethia

Actually Rog you are the retard. Clearly you've never heard of competative markets (and you tell everyone else to take an economics class). Starting a business is nowhere near as easy you like to make it sound. I work in an industry where competitive bidding is the norm, in other words the company that offers to do the job for the least amount of money gets the contract. The same goes with employee's, the ones who will settle for less get the job. That means that in my chosen profession I'm actually between a rock and hard place. My wage barely covers expenses and isn't seeing any improvement in the near future. But I can't go find another job and make the same pay cause there is someone out there willing to do it for less. And in an economy where landscaping companies start up and fail daily, starting my own is not an option.

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But it is an option. If you cannot succeed in it, then too bad, that is your problem.

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You sir are the one who needs a lesson in real world economics. Just because supply increases doesn't always mean that price goes down. When it comes down to real world commodities such as food and gasoline when the supply increases people buy more, thus an equavalent increase in demand follows the supply. Therefore prices never see a significant drop.

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Demand only increases because price drops. Demand does not go up simply because supply does. If prices do not change, then neither does demand. However, when supply goes up, prices tend to drop (maybe not right away, but if supply stays up, prices will gradually drop). If i did not want to buy the one X sitting on the shelf yesterday for $Y, then why would i want to buy it tomorrow for the same price, just because there is now 20 of them on the shelf? I would not. However, when the seller suddenly has 20 of the item instead of just one, then they are going to lower their price, in order to sell more of them. When they do, demand obviously increases, which causes the price to balance out at some point.

I can make most of my consumables except for food and Bloody Bolt Heads. I leveled my crafts specifically so I would not have to rely on the AH and the market controlling it. I rarely craft to sell because I hate getting in the middle of gougers and undercutters. So, to the OP, it is supply and demand. And, insisting that it isn't won't make it true. The problem is you have all these people using supplies but no one wants to take time out from their busy schedule to make their own consumables. Well then, you pay for the convenience. And when you have a ton of people who want convenience, prices go through the roof.

I bought my NIN tools until the prices went crazy. At that point, I decided to start making them again. So, if you aren't leveling a craft, which is part of the game, I feel no sympathy for you when you are paying through the nose just so you don't have to take your precious time and do something for yourself.