Undercut Hell

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Originally Posted by Relaeh

Everyone undercuts b/c their dumb and do not know the meaning of the word patience...you playing an mmo but are in a hurry.

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http://www.academiccomposition.com/w...pot-kettle.jpg

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So by the middle of the day, the item I was selling was 375k and I was selling them very regularly.. all of a sudden some moron places one on the market for 200k.. an undercut of 175k..

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Bad for sellers but good for buyers. This is beneficial depending you look at it.

Supply and demand

I never undercut. I look at the sales history, and mark accordingly. Sure quick sales are nice but the price will always vary once people buy the cheap stuff off and only reasonable prices remain.

'This too shall pass' is my idiom for selling on MB.

Buying is a lot trickier since I don't have a more comprehensive knowledge of the market yet.

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Originally Posted by Dyvid

Supply and demand

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+1

You can make much better business decisions as a crafter if you understand some of the basics of economics.

If someone undercuts me by 1 gil repeatedly, I lower the price much more since I dont have time to undercut by 1 gil all day. I only change prices a few times a day

The trick to never having to deal with undercutters is to only ever craft or selling things that have 0 competition to begin with. Thank you, quantity sort!

Its a open market in the game and, Supply and Demand.

If you think their prices are so low then why don't you buy all of their items and relist them for what you want to sell them for?

you should probably start yourself by not doing the unnecessary 1 gil undercut anyway

Give us unlimited retainer space and/or the ability to sell unlimited amount of items and I will start to be patient. As it is now we need to sell quickly to just not drown in mats and gear.