What is your ACTUAL reasoning for undercutting?

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Originally Posted by Reap00

If someone undercuts me by 1 gil I undercut 50k. If you want to undercut then lets do it! 1 gil is so petty. Be a man. Undercut for real. I do this until the value of the item is so low it is a loss to sell it. This usually chases most people away. When this fails to work I simply make the item at a loss many times over till they do leave. Then I smile, control part of the market and rake in your gil.

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If you were on my server I’d just buy your item and repost it for a higher price.

Initially, I'll price low because I just want my stuff to sell (and I'm selling because I want gil for a particular thing or things, or because it's random fodder I get from dungeons/etc. that I don't care to stock up on). I'll normally go about 50-100gil cheaper than the lowest if I think such is still a reasonable selling price, and if another seller buys me out and resells for a profit...more power to them.

Occasionally, however, certain players like to go extremely low...maybe 50% of what I'm selling for...and now you've made the mistake of pissing me off...and I will actively take a loss to sell items for such a price that if you undercut me again...you will literally make less gil than you would vendoring the item.

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Originally Posted by Quelia

As someone buying they REALLY don't care who is selling (I mean some probably do, but most don't.) They just want the cheapest price and the market board puts the cheapest item first. If I come to the market and am looking for an item and the cheapest is 499,999gil and the next best price is 500,000 obviously I'm going to buy the cheaper one even though it's such a small fraction and I'm not really saving any money. Because it's cheaper, and its first in line.

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This is not strictly true for higher priced items as the tax can be significantly different depending on the retainer location. some might be in a tax free or 50% reduced zone. I doubt many people look at it closely though.

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Originally Posted by Lumis_Arvalo

So mine sells first.

That's it.

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Pretty much this, I could care less about economy. I got 50mil, honestly don't know how. Not a huge crafter, just sell minions and such I don't want or need and I also am not one of those who shells out 20mil for a shirt. So if I get something, see its going for 100k, 80k it is. Either I break the market or mine sells first, either way I am fine.

As for buying, I always buy the cheapest but I admit if the difference is only a few gil and the 2nd one is in my area of course I will buy that one cus its cheaper in the end for me.

Depends. The #1 thing is obviously lowest price gets listed first and is most likely to sell first.

Sometimes you undercut because the item just isn't selling. Maybe demand is dropping or an item has only 3 people selling it for 100k but you look at the history and the only purchases are 20k. Sometimes you undercut because you think or know an item's going to crash hard soon.

For stacks of items, you undercut as a "bulk discount".

And occasionally, you accidentally undercut because you left your retainer on an alt alone for a couple of months, making their sales inactive, check the retainer for some item on it, reactivating those sales at the rates you'd originally posted, but the item happens to have gone up in price since then.

And sometimes you're drunk and forget a 0 or put something up at its vendor value.




...but on the other side of things it's funny how much people undercut like they need things to sell *today*. Plenty of times I'll put an item up specifically higher than the lowest price because I know it's fluctuated that high in the past, and I don't exactly have rent to pay or debts to mob bosses to pay off, so waiting a bit isn't an issue.

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Originally Posted by CookiesNCreams

No, this is not a complaint thread.

Everyone undercuts. But can anyone answer this for me? : Are you undercutting out of spite of “elitist” crafters....or do you do it to genuinely bring the price down so everyone can afford it?

By everyone’s definition, I’m a “elitist” crafter but I also enjoy bringing down prices for people to enjoy. What about you? :D

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To be on top on MB without making it too obvious that is my goal by undercutting a significant amount, as people do not scroll at all and might actually think you are a d-bag and not buy from you if they see your price is 119999 and the other is 120000. I can also reduce the price a fair bit if I see that the sales history and the current price are VERY different as I actually want my stuff sold. My Retainers are full of stuff 24/7 as is, I can't have them sit on wares that do not sell because someone seriously thought you could sell stuff at 1000% its normal value.

lots of stuff to sell and not enough slots to place all of my sells (limited x20 for each retainer), so i hope for a fast sell to be able to sell all my other stuff.(this also includes being the cheapest/first on the list, since lots of ppl don't pay attention to the location of my retainers and the taxes and buy anyway as long as its 1st on the list :P)
i think this is reason #1 for everyone.

still if i think a item is worth more/will go up in price soon, i'll place it at a higher price and wait it out.
sometimes i sell stuff in lower quantity if i think it will sell and at much much higher price. (not everyone needs a 99 stack of something)

but i rarely undercut by more then 1 gil.

I sell everything for a vendors selling price (and sometimes even below), because i woont it fast!

I'm a hoarder by nature, so I don't put things up for sale until I'm trying to clear inventory space. At that point, I want the sales to clear as quickly as possible so that i'll have empty slots available again when I need to offload more items.

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Originally Posted by Nedkel

I sell everything for a vendors selling price (and sometimes even below), because i woont it fast!

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Then.... sell to the vendor. Stop messing up the market.