What difference does the city of your major customer base make? I was under the understanding that no matter in what city your retainer sold items the MB is universal.
City tax?
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If you're in the same city that the retainer is situated in, you don't pay the 5% tax when buying.
Seller will still pay the tax of course.
If you want to sell a bunch of shards, try 2 retainers in 2 different cities and list it at the same price and stack size, you'll see that Limsa sells out a lot faster than any other because it's a crafting hub.
When it comes to higher priced goods, you can even sell it for 5-10k higher than your competition. People who're spending hundreds of thousand or even millions of gil to buy items from MB aren't likely to teleport over to a different city just to save a few thousand minus the cost of teleport.
Although I don't specialize in leve turn-ins because of its slow rotation and bulk selling nature. I suppose you could even choose the city based on leve quests also. i.e. sell LTW leve turn-ins from Gridania
Why is it that usually (on crafted items) the crafters name show's up, but other times it doesn't.
For example, about 95% of the glam prisms I see have the crafters name on the listing. But, every once in awhile, I see items listed that don't have a name associated with them.
I think some of them may just be bugged, and others could be a server transferred item.
I also thought maybe mixing the stack might do something to the name tags like take 10 that was made by me, take 10 that was made by you and add the stack together, I haven't had the chance to try it so I don't know what that does for sure.
Also the mentality of
"Everyone who prices lower than me r a scrub undercutter & ppl who price more than me r greedy bastards that don't need the gil" needs to be toned down a bit lol.
Just maybe then SE can consider "updating" the MB in the future.
Doesn't matter how much they undercut or over price things, the moment u care about what others do you fall into tht mentality group.
Yep and that bitterness is what keeps me in the black. Most people would come to my market and go "this damn scrub just won't go away UGGGGGH" and move on.
It keeps my future interests in check :) Once I've identified how many competitors I have in the market, I'll do that until people drop out, then readjust the prices.. Some will come back in a week or two, but I do that once more.. Usually people don't wanna make a whole bunch of item only to sell it to break even. If they buy me out, that's even better because then I can drive them to resort to selling it for a loss. Of course, in order to keep this going you need to have more efficient methods to making the items (gatherers with bulk deals, different ways of obtaining the base mats, etc.) than your competition, or just have a deep wallet and expect to lose some money for future gains.
I find it laughable when I'm getting rid of too much overstock.. 99 of whatever.. listing it at 20% lower than the lowest price and 2 minutes later someone with 2 items for sale undercuts.. they bring the market down competing for nothing. Crafters have an advantage when selling crafting items as well because they know the quantities to sell in.. ie.. packs of 2, 4, 10.. etc.. someone is selling packs of 10 at 20k.. sell packs of 2 at 24k.. works alot better.. Aggressive undercutting is also a tactic for discouraging competition.. After a while, your competition will dread seeing your retainer's name :D Basically if you want to market force.. better refine your market strategies.. that includes undercutters. btw I remember seeing a post about master costing 180k ish to make.. hope he's not talking about mastercraft demimateria. :P costs me 0 gil to make.. glory of the gatherer/crafter..
what a great business strategy OP, buying out the undercutters then re-selling in the morning when they have gone to bed. You must be literally raking in the gils.
why on earth have you come on to the forums to reveal your secrets (and seemingly to complain about it)? Doesn't seem like very sound business sense. surely you'd want it to long continue, and keep quiet?
Oh wait, probably because it doesn't pan out like that at all, and you've just overpriced your item to begin with
The sellers get happy with their income, the buyers get happy with their new stuffs, and the competitors get the joy of laugher.. It's such a rare thing eorzea can be a happy place for one day..
Some Glamour Prisms can come from quests. The only one I can think of off-hand is the Glamour unlock quest, "A Self-improving Man", which provides the option to take either a grade 3 clothcraft, leatherworking, or armorcraft prism when you complete it. There may be others, though, I don't know. Also, as was mentioned, you can definitely get them from Retainer Quick ventures. It's possible some may come from desynthesis, as well? Anyway, none of those would produce a prism with a crafter name on it.
I think the name also gets removed if you stack items or sell from a stack
Shhhh, it's an awesome strategy, let the resellers make artificial demand so I can keep unloading wholesale
Good strategy OP, keep doing what you're doing ;)
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Well, apparently I'm at my max posts for the day.. weird
I'm not really arguing for the underdogs. Rather, I'm just trying to show people, especially the OP, there are valid reasons why people might undercut in the market. Sometimes severely.
It's not for the lack of knowledge on the other party or their impatience, granted, it does happen.. quite a bit, but if you happened to stumble into a specialist market, more likely than not, the competition is simply trying to drive you out by either feeding you overstock at a higher price point than raw costs, or just generally making the entire deal unprofitable and waiting it out until the other party gives up.
I think the OP's attitude can be very toxic, it's like the fox and the grapes.. First, she accuses undercutters of being stupid and unaware of the market board situation, then she says she'll just buy them out and resell after they go to sleep and rake in all the profits. If that strategy really does work, then good for her. She found a niche market where the competition isn't so fierce that there's room to squeeze some money out of. But she found it necessary to bring it to the forums with this "issue" so I doubt that is actually the case.
So all I'm trying to say to the OP and the people with her mindset is, when something like that happens, instead of just assuming stupidity on the rest of the World, or getting herself into a bad situation by hoarding a bunch of hot potatoes, (which, if she tried in my market, will backfire quite badly because I always have more to relist soon after I make the sales) try to determine what's really happening instead of just coming to a one dimensional, emotion filled conclusion. Maybe you'll learn some new ways to make gil on the MB.
Maybe that's getting lost underneath all my sarcasm, but that's really my only constructive point here. Everything else I say, ehh it's usually just crap. That's why I even deleted one of the posts..
As far as my position for the "underdogs" go. I don't necessarily root for the underdogs, but I do generally want a lower price on the MB over all. Not by a steep price war between 2 parties, but with more of an overall acknowledgement from the player base that the current system (400-500% profit margin) is bloated. It's actually really complicated and I don't think I can convey it in words quite how I feel. But while I do make plenty of profit with the current system with its volatility and the price gouging and what not. My ideal market board situation would be a place with lots of generalists who sell little bit of everything across the board and prices are stabilized. That gets into my real life ideals of being an economic leftist and yet being a practicing capitalist, I could probably write a book about that.. If I could write :)
This is shown by the economy on Masamune. Where its nigh impossible to make the gil needed for a house. The end result of what you say ''helps everyone'' Why would you want an economy where every item has the same value as a NPC would buy it for?
Somehow I don't you can realistically argue for the economic ''marketboard underdogs'' here, seeing how you craft 10 hours a day. So why then, do you?
That's not going to change a thing about the people complaining though.. People will still undercut and only thing it'll do is deter people from relisting the same item. Not like that'll stop undercutting from happening, I'd just use up an extra sale slot to relist a different item at a lower price and keep the original up there. That'll just make it easier for people with multiple retainers to compete.
From what I have seen/done with the item name, if I have a partial stack with my name on it and buy pieces that automatically add into my stack, the name changes to my name (same with stacks of items that you can buy from venders or get with retainers) They can lose their name and become blank.
There are times I've bought up item on the marketboard (in low quantities, ie I already have 50 and I buy several smaller stacks of 5-15) and when I repost them because they went into the stack I wanted them to go into (through planning) when I resell them they have my name on them instead (or have a blank name when I choose) I keep several stacks around depending on what the 'goods' are.
Didja ever stop to think that maybe the price of the object is trending at 90k only because people like you keep buying it up when it dips lower and then relisting it at 90k? Perhaps the resellers have basically decided the item's worth, even if it shouldn't necessarily be worth that, for whatever reason?