What is your ACTUAL reasoning for undercutting?

Capitalism. But I usually undercut by 10-100 gil

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Originally Posted by Windsun33

Did he actually SELL it at that price, or was that just the price on the MB. If you look through some of the mid to high priced stuff, you will find many items that simply never sell - possibly for some because nobody knows they exist (like maybe your red bikini?)

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Yes, he sold it. As I mentioned I was looking in the (selling) history, not the market board itself.

By the way I never sold mine. In the next two weeks more and more of these items appeared on the market board and the price dropped a lot. So I just kept mine and stored it on some retainer.

I go below market value because I cannot acquire more gil anyway.

#1percentproblems

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Originally Posted by Mew_FC

I go below market value because I cannot acquire more gil anyway.

#1percentproblems

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Spread the wealth comrade!

To sell it faster, obviously.

But I generally don't drastically undercut. I usually try to keep it in the ballpark.

On things sold in bulk, I generally sell in smaller lots to make them more accessible.

It varies a lot for me. I never bother undercutting by a few gil - it's either match it or go big. Quite often I will see low to mid range stuff that is way overpriced - and just for spite I will make up a few and put them up at the price I think they should be. 100K for a steel sword is a bit much..

The main reason is simply to sell the item fast. If it happens to screw over someone who overprices things, even better.

I replied to this thread on the 21st. Today is the 26th and I am more dead set in my ways than ever before. For 5 days I played the market the way this thread and countless others before it have implied that we should. I went from 250-500K profits per day to about 100K per day. Today, the last day of this silly experiment, I woke up to just 35K.

On any given day in the market one item might cost 850K-1M to craft and flips for only 250K profit, if you don't farm up the mats. Desynthing one 3K vendor item can drop 1-3 crafting materials worth 30K each on the market and so on. I tried honestly setting a fair price and walking away but it just does not work. My retainers are nearly maxed out again and nothing is selling if I don't sit there and nickel and dime these idiots all day long.

I've proven it to myself once again. The only way undercutting works is if it's done so severely that it makes the next guy say "Forget that! I'm just waiting." Or it sets the price so low, buyers just can't pass them up and they start selling like hotcakes. Otherwise, just as I've proven to myself once more, there will ALWAYS be another 1 gil undercutter troll to prevent you from making a dime for days and possibly weeks at a time.

Sorry folks, but for gatherer/crafters it's a fact of life: If the undercut doesn't hurt, it doesn't work.

Sometimes if someone undercuts me, I start undercutting at 5-10k at a time until I can buy their thing and list it at the real price.

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Originally Posted by Skogli

Sometimes if someone undercuts me, I start undercutting at 5-10k at a time until I can buy their thing and list it at the real price.

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I sell so many of each item, I'll drop it 25k ... if you could just buy all of them now, that'd be great.

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Originally Posted by K3KW4RCHILD

I sell so many of each item, I'll drop it 25k ... if you could just buy all of them now, that'd be great.

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Talking about like HQ HW/SB leveling gear and rare fish in my case. Not many stacks of 99 Silver sharks on my server. XD

What I really want to know is why people sell for way less than vendor price.
But to answer your question OP. I'll only undercut if something has been sitting for a really long time and just won't sell and even then it's never but a lot. I generally try to list at the same price as the lowest item unless I think it's not worth it.

You undercut so your item will actually sell if you dont others will keep undercutting you. Basically a undercut or be undercut world.

There is few reasons not to undercut over keeping it at its original value. If the item is new, after everyone else had their fun the price will dive significantly. Remember the Thavnarian dresses? They use to be 1 mil+ gil in HW when it first released. Now? Anyone can have 1. Literally a bargain sale.

If you under cut you make the sale more likely, and if you make the sale when the items hot you get to have the profit be much higher than a month later or so when it'a more than likely to end up being worthless or far cheaper. This practically happens to any item barring the super rare drops from Deep Dungeon and Eureka. Glamour gear? Minions? Mounts? They all eventually will become commonplace and flood the market.

If you don't want people undercutting, have more value in the market board so the supply doesn't outweigh the demand or have a Grand Exchange from RuneScape.

Just quoting myself here on a simliar thread about reworkign the market system, it fits i think due it shares the same problems.

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Originally Posted by Saix027

The problem is the system on its own, to many things eather worthless or farmed to often also, undercutting way to fast with the amount of people, especially with things like retainers all bringing apperently the same stuff making it also worthless and undercutting, the only stable market i seen so far is Guild Wars 2 from the games i played, sure it also has some worthless stuff but not in that amount as we have it here, but that is due one simple reason, they kept things simple.

I mean we goten countless new resources for each addon now, like 50 different armors for inbetween leveling, different types of things, sometimes goldsmith makes rings, sometimes leather or so. The amount is simply to much, on top you can't make use of everything, you can't depart all since desyncing is limited to 3 crafters, only specific crafters or gathers seem to be worth it, retainers jobs not makign a difference except gathering something specific, let alone the fisher has like 1000 of different kind of fishs by now you loose track, making people not care for what is worth any or needed for something else becasue way to many exist.

Making old materials usefull again for newer stuff in a balanced way, making able to desync everything without limitation. I mean we got things like i think one of the Obsidian it was is needed for one whole item in the game, i mean seriously SE, putting materials in that is needed for one whole item is ridiclious stupid.

Overall we would need a rework of handling items overall, making everything useful in some way simply, it will be hard of course and i doubt theywill ever change it sadly or at best which never will happen tho is remove the amount of things and simplify it, yet it works for abilitys which of course is way different but come on, a MMO is always updating and changing, if things like WoW change the world with Cataclysm as example making the old world and old dungeons lost, that is kinda the same and no one should cry if we also loosea heavy amount of useless items, i mean seriously, who needs new gear every two levels on top of dungeon items aswell.

It is simply way to much with way to less options to deal or handle things or make use of it, causing problems like the undercutting.

Side note, problem for me seems also, jsut personal opinion, that we have the typical Gil from Finalt Fantasy games, now difference in payment, so numbers go way to hight at times since no thigns like lets say copper and silver as lower money. Because for me 1 Mil Gil not feels like much since on the other hand you got so much expensive stuff like 60 Mil for a Music scroll or so or a minor gear part.

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Sometimes you just need to get that junk OUT of your inventory. Letting it sit for weeks and weeks while someone undercuts by 1 gil every 4 minutes ain't something I got time for. So I undercut the dickens out of my postings.

I just want the cash man.

Because I prefer having my entire marketboard list of items bought in 1 day.

Basically because I want that to sell faster. Faster gil and to clean my inventory.

Because of that, I try to always undercut by 10~20%. If someone undercuts me, I return the favou. Once again? I simply buy it (since it's at least 30% cheaper) and resel it with 15% off the cheapest. I sell those fast AND get a 15% profit.

My list of things to sell is almost always longer than the amount of slots I have with which to sell things. So I undercut by 1 gil unless the lowest price is something I can flip for a profit.

For the longest time I tried to be a "fair" seller, and just match lowest, only to watch someone else undercut by 1 gil and sell while I'm dying to reduce my load. So I've learned, and I continuously undercut by 1 gil. Sometimes I get someone that gets so upset that they drop their price by 50%... great, I buy their item, and sell them both at profit instead.

And for the items that are driven so low in price that it's not worth selling... I buy the whole lot of underpriced goods, desynth them, and sell the mats (and Fieldcrafts/Battlecrafts) for way more than the source items were, which puts me back at square one in terms of having too many things to sell and not enough slots for it.

I am always making money from the market in this game, with very little effort. 1 gil undercut just keeps that process moving as smoothly as possible.

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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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I do it because my retainers are full of stuff and I want to move product rather than it sitting their for days. And yeah sometimes items are way over priced for what they are, how easy mats are to get and how easy they are to synth

The price people set on easily obtainable items, is ridiculous.
By their logic, i should charge for advice in novice network, or helping ppl through unsynced primal nm, because it took a long time to cap all my dow/m
So i undercut by 50% minimum, cause items simply are not worth that much.
Its so funny when ppl charge a premium for HQ glam items, when HQ does absolutely nothing - it's a glam item!
Easily obtained items, should be affordable, period.
I mean, you go to a node outside crystarium, gather 15 items, sell them for 100k each=profit, cause you're a gatherer?
Can i charge 100k for joining an ex run?
Apparently doh/l are entitled to all the gil in the game, cause they are so special for reaching lv cap; it's oh so difficult, took sooo long, and was SOOO expensive!! (even though it's free unless you're lazy, and in a hurry)

So, out of spite, and to make it affordable - my trash is someone else treasure, i don't care about the trash or the gil.

This thread truly amazes me, having come from (among many other MMOs) EvE where the idea of complaining that people trying to sell on the same market as you aren't going to conspire to fix prices in a way that benefits you more than them would be insane. People undercut because they... want their items to sell? If they 1 gil ya, it just means they are on top of the list, a reward for actively managing prices. Big undercuts are about moving fast, and if you are canny you just buy em yourself to sell em.

No other reason for me than to sell something FAST. Otherwise I am good leaving something up for days. Unless they undercut by 1 cent then I drop it 5k+ for spite. Jk but not sorry that is funny.

Inventory Cleaning > Inventory Cleaning > hoping for quick sells because the retainers are selling 20 things > destroying a market if people step on my cookie.

Usually I don't undercut that often, because many people still will buy my stuff for higher prices. Also I've noticed that some people usually pay higher prices and ignore the undercutters offer.

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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?

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How did you came up with a conclusion like that ?!? Buyers always by the cheapest item, so by undercutting even by a few hundreds gil you make sure your item will sell first. Most players just want to trade their useless item for money asap, they aren't trying to help the poors or spite elitist (lol), for them the economy aspect of mmo is secondary. I mean it's obvious, I was doing undercutting on wow when I was 12, for an elitist you have little understanding of very basic economy.

My reasonning is the same as the 20 other dudes who were also undercutting.

You all undercutting by 50k is my gain.

Normally I will match the lowest price and only undercut if they start to do some crazy "I will go 1 gil under you."
I also tend to operate by rounded numbers, so if someone is doing 2980, I will do 2900, cause that random 8 bugs me. xD Don't ask me why, but it does lol.

I'm undercutting to sell my thing before you sell your thing. That is all.

If you want to sell your thing faster, (Lower the price?)

It's just what you do in business. You get undercut, you undercut. All's fair in love, war, and trade.

I tend to do it by 1 gil at a time, but I will just outright murder the price of something if I can't get something to sell. Inversely, I can't stand when people take prices down of certain items, because I'm trying to offload thousands lol

Oftentimes my "undercuts" aren't reallyt undercuts, simply I actually looked at the price it last sold for and list it for that, isntead of the 40,000 gil+ everyone else is currently selling it for that doesn't sell.

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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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I undercut drastically when I see a lvl 15 dungeon piece going for 40k gp. I mean srsly people. That goes for all low level stuff really. We aren't all vets with gill out the butt.

I undercut stuff like Fish Glue going for 4k+. It's an early alchemist recipe made from vendor mats that shouldn't be more than maybe 100gil each max but the lowest I've ever seen even with multiple people trying to depress the price is 400gil.

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Originally Posted by Radacci

Its so funny when ppl charge a premium for HQ glam items, when HQ does absolutely nothing - it's a glam item!

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I see the same thing with house building mats, like sand. I sell it all at the same price.

I'll never understand the hostility towards this. Ignoring the city state you are purchasing from, then people are naturally going to buy the cheapest option first and, unless its an item that sells very quickly, then its not beneficial to refuse to undercut... particularly when the person whose item does sell will get a notification that tells them to go restock their listing right underneath yours again.


The bottom line is that everyone wants to sell and to sell asap. I see no issue with people undercutting by miniscule amounts because they obviously just wanted to bump their listing to the top and, when I notice that, I appreciate that they didn't needlessly diminish the going price of the item we are both trying to sell and instead give me and everyone else a chance to undercut in turn the next time we check back - all without having to incur a loss.


Obviously undercutting by larger values has a time and place, but doing so just to bump your item to the top when an item was happily being sold at the current price just seems odd to me.

To make money. It's just like real life shopping. You buy the cheaper thing.

Although there are stupid people who undercut way too much.

If something sells for 200,000 and they undercut to 10,000. Well guess what you just lined my pockets. Ill buy theirs for 10,000 and re list it at the current asking price of 200,000.

I only undercut by 1,000 to 5,000.

Selling is so stupid with the vast number of people listing things for only 1 gil. Like how pointless is that XD

It's all about maximizing what profits you can make out of your "customer" I don't undercut because I want piss people off, I have something to sell and I want to make as much money as I can off of it.

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.

So as a seller I want to have the "cheapest" item on the board because that's just how you shift units quickly.

Now what actually grinds my gears is when you're undercutting a few people by only 1 Gil and the next guy comes and drops the price by 15%. I get that some people just want to quickly sell the item and just get it over with, but when the next guy comes and undercuts that by 1 Gil, we're all now losing profit.

So mine sells first.

That's it.