How do you react to being undercut?

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Originally Posted by MentalPoison

I react different ways, if its a market im not in much, I just drop to half or more after 1-3 of the cuts. Then I always sell and right away, avoiding having to play cat and mouse with somebody fighting so desperately for small profit items.

If its one of my market like Mythril Ingots, Cobalt ingots, or Darksteel nugs.. I flood the market and drown them out. Not a single player has been able to withstand this yet for any prolonged time, after a few hours to a day- they sell out and dont make more. Ill drive both of our profits down so low that they lose money and dont consider making anymore stacks of it.

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Predatory pricing, i like it lol.

I just sell for w.e it sells for and keep dropping prices even if I sell for a lose, ive found the key is to keep everything moving through the sales process. I keep 20-40 slots filled just about ever chance I get. Since that's your sales cap why waste it deciding on profit or lose. This cuts the time selling things and gives me some more time creating and gathering materials.

It works for me I start at release with 100k gil and since then ive saved up 2.5mil gil while also leveling BSM , WVR , CUL , ARM all from around 10-15 to 50 and currently turning a profit on everything Im making for LTW and ALCH as I level those up to 50. So I feel no pressure or worry at all about undercutting :)

It's great to finally see a group of players has a neutral-positive reaction to undercutting in this forum.

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Originally Posted by Wazabi

It's great to finally see a group of players has a neutral-positive reaction to undercutting in this forum.

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I dont want this to sound rude, but I think a lot of the players complaining about it, dont fully understand whats so important about it. Me and my friends argued with a good 4 or 5 of them in a "BUY A SINGLE FROM A STACK" thread.

Im fairly sure that cannot understand how people like US, in this thread, intelligently handle the undercutting market. Let me back up and speak only for me.. Ive made A TRUCK LOAD of gil in this game and I did not have to play the sad game everyone complains about.. Where every 13 seconds I run to my retainer to change prices. Truth be told, until around now'ish, I never even 'checked' competitons prices. I just tiered it from its lvl (like lvl 10 is 1k, 20 is 2k, and roughly scaled until 40s that way.

Once that item was made, I didnt treat it like a child or family heirloom. I sold it and if it went a day or 2 without being bought, I dropped its price fairly drastically. To me, I had nowhere for that item, retainers are loaded and I wasnt about to use it.. So I would go all the way to the VENDOR price, then vendor it. Luckily for me, I rarely get to that point, someone buys a good deal almost everytime.

So yah.. Short story long, there are so many complaints about undercutting, when if you are skillful and a tiny bit smart.. You will be glad its there when you need to buy something.

I personally think it's too early to even be talking about adjusting the market board and/or the economy because, as many people have said, we haven't stabilized. I won't use a real life analogy (I can't stand those), but take this graph:
http://www.alentum.com/agrapher/Damposc.gif

Assume X is time and Y is the deviation from the item's "stable" price. Currently, we're seeing rapid changes in market prices, so while from our perspective it looks like "undercutting", we're only 1.5 months into the game so the market isn't even stable (bigger oscillations early on) to know what price is fair/good/"other-subjective-word".

Eventually, more gamers hit 50 or move on to DoH/DoL or other DoM/DoW (where they aren't getting gear from quests/leves as much). More people will head to the markets to buy (out of convenience) and while the prices might still fluctuate at first, the number of buyers will cause a stabilizing of prices, and we'll see the item's "stable" price.

I know this isn't helping the problem, but I get really mean when people undercut me. I will undercut by 1-5gil on an item worth 1k+, essentially matching the price. I sell small quantities more expensive than full stacks. But when three people constantly undercut my 30k item by 5k every 20 minutes (being a total of like 5 items on the market), until the item is worth half the amount, I play dirty. I mine all my own Gold Ore, so I'll make a bunch (1-5) of what ever the item is, 1 star GSM items, and sell them all for 1g each.

Honestly, screw you! If you're gonna make the item worthless I'm just going to start giving them away for free, because I'm not making any money anyways! And since I have 100s of gold ore extra it doesn't even affect me at all.

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Originally Posted by peaches

I know this isn't helping the problem, but I get really mean when people undercut me. I will undercut by 1-5gil on an item worth 1k+, essentially matching the price. I sell small quantities more expensive than full stacks. But when three people constantly undercut my 30k item by 5k every 20 minutes (being a total of like 5 items on the market), until the item is worth half the amount, I play dirty. I mine all my own Gold Ore, so I'll make a bunch (1-5) of what ever the item is, 1 star GSM items, and sell them all for 1g each.

Honestly, screw you! If you're gonna make the item worthless I'm just going to start giving them away for free, because I'm not making any money anyways! And since I have 100s of gold ore extra it doesn't even affect me at all.

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If an item is overvalued, people will undercut. undercutting something thats 30k by 5k is a huge difference, so im going to go out on a limb and say that it was overvalued.

Return the old bidding style from ff11 atleast you won't know that you are being undercut

I don't.

/ten

i undercut them by 1 gil =|