How to Undercut

Someone undercut my night pegasus whistle by 7 million. I still don't get it. Why not 1 million? Why not 5? Bizarre.

There's just one way to properly undercut, and that's not at all. -_-

What were retainer wards? (Other than terror incarnate, apparently...)

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Originally Posted by DamianFatale

It seems like a lot of people need a lesson on this.


1. Evaluate the prices.

2. Go 200-500 Gil lower first. Do not just drop it by 10,000 Gil. You do want to make money right?

3. Your thing gets overshadowed by lower prices. No big deal! If everyone priced at lower increments, instead of being desperate, we’d all get similar profits from that item. Unless it becomes more common however. Items demoted to being common will naturally fall in price.

That’s it. It’s simple. Please don’t undercut obnoxiously.

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I go one gil cheaper than the cheapest on the market. But if I have the only HQ item on the market, I set a reasonable price.

Blinding the MB would solve that problem, you can see what it sold for last but not any of the current prices. The reason why FFXI used this system was to keep its economy stable. And it worked great for over 10 years and still continues to work well today. However for the current MB we have the biggest mistake people make is undercutting, always cut the stack amount not the price of the item. Remeber your stuff will eventually sell, while everyone else is takeing massive losses you will make a great profit. CUT THE STACK COUNT not the price.

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Originally Posted by Dyvid

People who complain about undercutting are generally the one who don't understand economics 101 and flood the market with goods. Supply, demand.

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Well i hate both undercutters and flooders, even if something is abundant or easy to make you should always sell in small amounts to create illusion of low supply so you can milk harder.

Why is this even a thing? Free Market - people do what they want.....not like you can stop them anyway.

Sure there are other reasons players may undercut but also the fact that some really overprice stuff so in a way undercutting can help bring cost down.

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Originally Posted by urban

Here the fix:
Bring back retainer wards 1.0

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Ha, that was a prime example of why 1.0 was terrible.

The devs saw that we as individual players were selling stuff outside Juno, and enough people started doing it to feel like a bazaar. What they didn't seem to understand was that we were doing it because there is no Tax outside of the city. So you could sell something for 50mil without talking a 5mil hit.

They saw how people were playing the game, but the completely missed the reason why they were playing it that way.

It would be nice if we could sell things on main character again. I miss that part.

Aw. It's the steers versus the cubs. How adorable.

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Originally Posted by Bobs

Ha, that was a prime example of why 1.0 was terrible..

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People also used it to sell specific stuff you couldn't sell at AH. Outside of Jeuno was where you bought Dynamis currency, I remember. Plus, it kind of added a shopping experience; it was more like real stores where the AH is like Amazon, less selecting goods from a list.

This just makes me miss the Rolanberry Market now.

Edit: I still remember when someone dragged Simurgh to Jeuno. The massacre was beautiful.

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Originally Posted by RiyahArp

People also used it to sell specific stuff you couldn't sell at AH. Outside of Jeuno was where you bought Dynamis currency, I remember. Plus, it kind of added a shopping experience; it was more like real stores where the AH is like Amazon, less selecting goods from a list.

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Only reason they did that, was to bypass the taxing on items you put up on the AH lol. Eventually they did start to add important items to their Bazaar.

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Originally Posted by Iscah

What were retainer wards? (Other than terror incarnate, apparently...)

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So the v1 market system worked like this. You put things up for sale on your retainer and sent them to a ward. If you wanted to buy something, you want into the retainer ward and checked every single one individually. There was no search function, there was no identification, nothing. You simply checked each retainer separately, one at a time, to find what you were looking for.

Eventually, toward the end, they did add a search function but all it did was give you a retainer name, then you had to go in and search through the ward to find the retainer. There were so many retainers in the ward that they would blink in and out of existence so you had to move slowly both before and after.

It was an absolute nightmare.

Oh and the wards were all split between things like "weapons" "weaver items" and such. You could put anything on a retainer but you had a better chance of selling, crafting tools, for instance, if it was in the tools ward as opposed to the armor ward. A total mess.

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Originally Posted by FallenArisen0990

What SE needs to do is limit people's ability to price change, once every hour per Retainer.

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Why should they.... I want good deals. If people are willing to sell for less, I say let them.

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Originally Posted by Ayer2015

Why should they.... I want good deals. If people are willing to sell for less, I say let them.

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That's all fine and good but when there's no market on said item because everyone just undercuts, no one should be surprise then.

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Originally Posted by Elamys

Given how many items on my server are selling for less than it costs to make them, it seems a number of crafters on said server could do with some basic math and economic lessons.

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Farm your own mats and only cost for crafting is repair cost.

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Originally Posted by Cakekizyy

Farm your own mats and only cost for crafting is repair cost.

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Obviously. It's just surprising to me, especially since a lot of them are primal items and farming those are not easy. (Ask me about Fiend Sap.)

I always get a laugh when I see listings that are all high quality, so I sneak a couple normal quality items up for sale, and the sellers selling the high quality items undercut my normal ones.

Another favorite of mine is when I get undercut, by some meager amount, and the competition is doing the undercutting from a city with a higher tax rate. Not that that matters to some buyers, but it's still comical.