Extrem undercutting?

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Originally Posted by ZephyrZ

Git gud or git lost.

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I think you confused coordinated croneyism and price fixing by established crafters, to prevent emerging crafters from succeeding in the marketplace as "getting good". Without your network of "colleagues" continually attempting to foil the genuine efforts of others, the emerging crafters would be just as good as you. You are intentionally making the playing ground uneven and in your favor, much like established corporations do to smaller marketplaces IRL. I.E. Walmart.

To each their own, however.

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Originally Posted by ZephyrZ

so i and other crafters on our server collapsed the 4 star market to the point where making HQ yields a max of 100k profit after tax or even a loss.

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lol that's so mean but understandable.. right before an expansion, so many people trying to get in the crafting game to grab a slice of the pie once expansion hits.. It's time to go on lock down.

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Originally Posted by ZephyrZ

Can't talk about low level markets, but i got tired of seeing all the new 4 star crafters trying to make money in markets i control, so i and other crafters on our server collapsed the 4 star market to the point where making HQ yields a max of 100k profit after tax or even a loss. I don't lose any money doing it, it is just a way for me to ensure that i stay on top and keep others down. We are a group of crafters that like our position of being on top and don't need randoms infringing on our profits just before the expansion that got everything after nerfs. Git gud or git lost.

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Now THAT is harassment.

Within the rules of the game, but yah. Shadowy cabals controlling the marketboard is about as dickish as it gets.

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Originally Posted by GenJoe

That's not really necessary, OP could be feeling harassed by how you think this is a joke.

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Err, Bombast doesn't think the OP is joking. That was a reaction to both values listed by the OP..

Anyway, undercutting has existed since the dawn of time, all you can do is undercut back. You only wanna go low enough to break even. If they go lower than this, do not continue counter-undercutting.

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Originally Posted by Velox

In a fair market, a producer will look to make 25-50% of the item's value back as profit. This is including labor (which is harder to quantify given everyone has their own idea about what labor is "worth").
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In a fair market, a producer will look to make whatever he can get somebody to pay for his product. Sometimes nobody will pay enough to cover his costs, either because he is inefficient or just because nobody wants it. He is not guaranteed any kind of return at all; it's his business to set it up so that people will pay him for his product.

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Originally Posted by Conradus

In a fair market, a producer will look to make whatever he can get somebody to pay for his product. Sometimes nobody will pay enough to cover his costs, either because he is inefficient or just because nobody wants it. He is not guaranteed any kind of return at all; it's his business to set it up so that people will pay him for his product.

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Agreed.

Anyway if somebody have feeling that he is undercutted and the product is underpriced: just buy it from undercutter and sold it for more if you think that product is more valuable than actual price on AH. But I give you a hint. Most of products on AH is overpriced and most of them you can get for free a for very little fee if you bring mats to crafter and shout in MD.

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Originally Posted by ZephyrZ

Snip.

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This post made my day, love this guy. What a mad man!
Predatory pricing, i love it.

That is good to know some ppl intentionally "contorl the market" by selling for charity. ^^

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Originally Posted by Nicobo

That is good to know some ppl intentionally "contorl the market" by selling for charity. ^^

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On the buyer's end, it's actually a damn good thing when you can start buying things without a 400% markup.. You do end up making a few enemies from the crafter side of player base though.. Gotta do that with items that don't stamp your name on :)

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Originally Posted by Nicobo

That is good to know some ppl intentionally "contorl the market" by selling for charity. ^^

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Sometimes I will do that myself, if I think someone has a market board bot/ crafting bot. I will price my goods at exactly cost, and then let the market board bot start undercutting me, so that they end up losing money.

I have also sent them lower and lower, all the way to 50% of cost, and then completely bought them up, and then reprice at original. That way, they lost a fortune by botting.