It's petty, but I ignore most MB listings that undercut by 1 gil

Then again,1 gil is a petty amount.

When I undercut I do so by at least 1% of the lowest listing or simply list for the same price so my listing appears on top.

Well I mean honestly in the system where the only difference from crafting is high quality or normal quality undercutting will always happan its like real life walmart only surives by undercutting everyone else. The only way to really punish under cutters is to add in a quality system that isn't just hg or not hg thus people will always buy the higher "quality" that could have some kind of extra to them like 1% quality vs 55% quality even if the person undercuts you 15k-150k-1.5mill yours would still sell first due to quality of the creation.

Either that or give crafters a ability for each stat so if a character for example you are making a bow and you use_dex 4 times on it would get 40 dex on it or int etc this could really be the difference of what items people buy first.

So someone undercut you several times on the MB and you came here to cry. That's the kind of vibe I'm getting from this post. Being bitter and boasting about it doesn't foster any kind of discussion, just makes you look like a clown.

I also do this, though mostly because marketboard bots are more common then people might think and they resort to one gil undercuts by default so doing this deprives them of undeserved gil.

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Originally Posted by YellowCrystarium

So someone undercut you several times on the MB and you came here to cry. That's the kind of vibe I'm getting from this post. Being bitter and boasting about it doesn't foster any kind of discussion, just makes you look like a clown.

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I play the market all the time, I don't mind if someone undercuts me.
I'm Just stating that a 1 gil undercut is superficial, but many will simply opt to buy whatever listing is at the top not because they save 1 gil, but merely because it's most convenient.

Of course you're welcome to have whatever opinion of me that you like, but I'd wager that if anyone has an apparent problem here it's you given the abrasive tone of your post.

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Originally Posted by Tranquilmelody7

I play the market all the time, I don't mind if someone undercuts me.
I'm Just stating that a 1 gil undercut is superficial, but many will simply opt to buy whatever listing is at the top not because they save 1 gil, but merely because it's most convenient.

Of course you're welcome to have whatever opinion of me that you like, but I'd wager that if anyone has an apparent problem here it's you given the abrasive tone of your post.

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Isn't that the point of undercutting in general by 1gil or 1% to put the listing on top so it is more like to sell first?

https://res.cloudinary.com/teepublic.../1835293_1.jpg

It's better to undercut by 1 gil than thousands or millions. Most people that undercut by 1 gil only do so to put their listings to the top in order to maximize profit both in speed and amount without dragging the price ridiculously low ridiculously fast.

Sometimes it's a good move if you are tight on retainer space, but indeed, generally you should stay within a 1% profit band if you are doing so. People who massively undercut are often hurting both themselves and the market.

Though, for fast-moving goods, I recommend people price above the lowest sometimes. You'll still sell quickly, get more gil, and keep the value of that particular item higher. An example would be DoH/L materia or the new crafting materials right now.

I ignore listings if I don't like the retainer's name. At least to a certain point. I won't inconvenience myself but I'll spend a little extra.

*reads post*

*undercuts for 2gil*

How is it petty to undercut by 1 gil? People generally do that to maintain prices. If you undercut by 1% on a 500,000 item. You're lowering the price by 5,000. If everyone followed that same mindset, the market will inevitably crash depending on its popularity. I'd rather someone undercut me by 1 gil or any low amount. I stand to make more if I sell my item first.

Meanwhile, I have my item for 2 weeks on motherboard and gone in one night. Prior to that yes people still undercut me.

If I wanna undercut, it goes for 20-30% and by then if anyone else undercut me, yeah good luck with yer profits

If someones 1 gil undercut affects your sales, it means there isn't enough demand for said item and you should either wait for demand to increase or lower the prices.

I would rather see someone undercutting me by 1 gil than tank entire price down by 90% because 2 morons happen to have undercutting war...

For items that are basically trash such as leveling equipment or common furniture worth less than 10k I usually undercut by 10-20%. I just want to get rid of the thing fast and figure that if someone finds the item useful enough to pay for it that's better than me selling it to a vendor. Also if I see from the history that there has been no sales for weeks, the asking price is obviously too high and I'll set a drastically lower one. For more valuable items for which I expect there to be demand I'm more careful and only undercut by around 1% in order to not drive prices down too much.

Most MMOs unfortunately just don't have working economies. Volumes are too low, players are too rich and demand is far too spiky. Prices for an item may steadily decline for a week, then someone buy half the available supply and the lowest price will be 5x what it was. All crafting materials can be easily gathered or bought from vendors so it's not readily apparent how much the materials themselves are worth. It doesn't help that the market tools are so clunky. FFXIV is better than most with the history view. But so far EVE Online is the only game I've seen with a really working economy and good builtin tools for analyzing prices.

I rarely even use the MB

I price based on what I feel the item is worth to me. If the current low price seems reasonable, I'm going to price match. If it seems too low based on past experience I'll price mine higher and wait a little longer for the higher profit, or I'll not list that item and switch to something else. If the current low price seems too high, I'll price my item lower to what I feel is reasonable.

Undercut me for 1 gil or 1000 gil. I don't care. Mine will still sell if I've set a reasonable price and there is demand. If my item isn't selling, it's more likely because I misjudged the market than because you undercut me.

For items that sell in large quantities, simply selling stacks of less and making sure to restock often is a good way to get back at 'em.

When I go to the MB and need 5 glamour prisms, I want to buy 5, not 99.
People who think the same way buy my stacks of 5, instead of buying from the undercutter who has stacks of 99.

I never buy the cheaper one if it's a 1g undercut lol. I'm sure someone will soon after, but that someone isn't me. It's just annoying.

And if I have to relist a slow moving item that someone 1g undercut I usually start to gut the price on it. Like I'd answer 74,999 with 60,000.
I don't need gil badly enough to play that game I just want this out of my bag for more than vendor/desynth price - all goods priced to move.

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Originally Posted by SugarPuff

I ignore listings if I don't like the retainer's name. At least to a certain point. I won't inconvenience myself but I'll spend a little extra.

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This too but it's not something I actively check, just if I happen to notice it.

People who tank the market by undercutting by a large amount when it was selling fine before bother me more than someone undercutting by a single gil. You know, like all the bots out there that SE can't do a thing about.

I undercut by hundreds or thousands depending on the item. I deliberately crash the market for a while just to deny people their 1 gil undercuts on purpose.

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Originally Posted by Tranquilmelody7

Then again,1 gil is a petty amount.

When I undercut I do so by at least 1% of the lowest listing or simply list for the same price so my listing appears on top.

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You're just selling yourself short and crashing the market, but ok. You do you.

Even undercutting by one gil is equally ineffective. Market tax is a thing and the seller can actually put something up a bit higher than the lowest price knowing that an equally aware buyer in the respective city will actually pay less. This is especially true on high ticket items.

IOW, your item being in top means very little and shows you don't know how to 'MB bro'.

It doesn't really bother me how much people undercut. Generally I undercut by a significant amount because I'm impatient and want my money fast lol, so I don't usually mind if someone buys it up to resell themselves at a higher price. But it doesn't bother me when people undercut by 1 gil. It just makes sense. You want your item to be the lowest on the board so it sells, and 1 gil is all you need to beat the other price by. And it's not like people are going to just 'wait their turn' to sell something, that would be silly, so of course people are usually going to undercut, with maybe some exceptions like a super rare item someone is cutting themselves short for so you play the long game. I don't mind if people undercut me by 1 gil and when I'm shopping I'm going for the cheapest deal regardless of undercut amt.

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Originally Posted by Gemina

You're just selling yourself short and crashing the market, but ok. You do you.

Even undercutting by one gil is equally ineffective. Market tax is a thing and the seller can actually put something up a bit higher than the lowest price knowing that an equally aware buyer in the respective city will actually pay less. This is especially true on high ticket items.

IOW, your item being in top means very little and shows you don't know how to 'MB bro'.

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You now pay a tax no matter what city state you buy in, even if it's the same as the seller, so there is no benefit from buying the one below the top unless you just don't like the guy on the top. Also, "buyer" and "aware" are two things that do not go together very often.

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Originally Posted by Gemina

an equally aware buyer in the respective city will actually pay less.

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Didn't they just remove this by adding the tax to same-city purchases?

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Originally Posted by Jojoya

I price based on what I feel the item is worth to me. If the current low price seems reasonable, I'm going to price match. If it seems too low based on past experience I'll price mine higher and wait a little longer for the higher profit, or I'll not list that item and switch to something else. If the current low price seems too high, I'll price my item lower to what I feel is reasonable.

Undercut me for 1 gil or 1000 gil. I don't care. Mine will still sell if I've set a reasonable price and there is demand. If my item isn't selling, it's more likely because I misjudged the market than because you undercut me.

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This is pretty much my philosophy. My biggest frustration is people pricing some items far above what people are willing to pay. They seem to equate any type of rarity to high value and if you watch the MB you'll eventually see people crash it until they desperately find a selling point, then rinse and repeat, lol.

I tend to just buy whatever the thing is at the lowest cost.

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IOW, your item being in top means very little and shows you don't know how to 'MB bro'.

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Someone who did know how to "MB" (not just in this game, but also irl) would know that being listed first is indeed very valuable, and is a privilege many storefronts actually charge sellers extra for because, unlike you, they know the value it has.

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Originally Posted by Fynlar

Someone who did know how to "MB" (not just in this game, but also irl) would know that being listed first is indeed very valuable, and is a privilege many storefronts actually charge sellers extra for because, unlike you, they know the value it has.

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Yep. Being first is usually key to making a good quick profit off the MB. Depending on the items I will let them sit awhile, but if its something worth a nice chunk of change then I will update it pretty regularly to keep it at or near the top of the list.

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Originally Posted by Ryaz

People who tank the market by undercutting by a large amount when it was selling fine before bother me more than someone undercutting by a single gil. You know, like all the bots out there that SE can't do a thing about.

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I think the bots tend to provoke people into doing bigger undercuts specifically because of the sheer frequency with which they'll pester people with one gil undercuts.

The problem is they don't care how cheaply they have to sell something and are willing to set their price floors over 100K lower then what the current market price is so they'll just keep playing the game of "how low can you go" with everyone until people start backing off.

Buy whichever listings you like, undercut by as little or as much as you like. It's a free market and as a player driven market no one is entitled to sales and nothing has to be guaranteed to sell. The idea that the other guy "ruined your sale" or your market is nonsense. None of the markets belong to anyone.

You just have to accept the MB for what it is, volatile and unpredictable short-term but a consistent income long-term if you're patient and stick with it.

I ignore listings that undercut by 1%.

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he problem is they don't care how cheaply they have to sell something and are willing to set their price floors over 100K lower then what the current market price is

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Would be nice if that was just the bots, but watching prices of things drop 35-50% in the span of a day or two, while they're actively selling at the high end of the price range, is one of those realities caused by people who have absolutely no idea how not to crash markets (or who are intentionally doing it).

Some of the crossbreed seed markets have gone into tailspins, because why sell them for what people are paying for them when you can list 100s for half the cost.

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Originally Posted by Jojoya

I price based on what I feel the item is worth to me. If the current low price seems reasonable, I'm going to price match. If it seems too low based on past experience I'll price mine higher and wait a little longer for the higher profit, or I'll not list that item and switch to something else. If the current low price seems too high, I'll price my item lower to what I feel is reasonable.

Undercut me for 1 gil or 1000 gil. I don't care. Mine will still sell if I've set a reasonable price and there is demand. If my item isn't selling, it's more likely because I misjudged the market than because you undercut me.

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Basically this. I trust the market to stabilize itself even with undercutters. In the end, it's all about supply and demand. If the undercutters have sold their items, and i'm next on the list, then my item will sell regardless of its price. If it didn't, it means i'm not matching the demand anymore.
I always look at the history to see if there is demand for the item, and always try to sell in reasonable stacks. Then, i just set my price to what i think is the average of the recent sales, and see how it goes from there. In most cases, the item sells within a couple days, and i'm able to make some profit.

I really don't care about the 1gil undercut.
That being said, it does get me a bit mad when people tank the market and lower the price of an item by a lot for no reason.
Not so much because it means that i have to wait longer to sell (as said above, i'm somehow okay with that), but mainly because if all the other sellers decide to follow the trend and lower their prices as well, the item just straight up loses all its value, and everyone sells for way lower than what was originally possible.

For instance, i have seen items which were originally selling for 100~120k on my server, and who went down to about 50k in only a couple days just because undercutters flooded the market with unnecessary and underpriced stock ... It's part of the game, but i still find it annoying.

So in conclusion, i would say that i'd prefer having someone undercut me by 1gil rather than x%. At least in most cases i'm able to sell my item for its "original" value (even if i have to wait).

The first listings are constantly undercutting each other so it doesn't really matter who you buy from.

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Originally Posted by Sated

Didn't they just remove this by adding the tax to same-city purchases?

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They did, but as far as I understand rates still apply meaning you will still pay more in one city than another for an item listed at the same price and qty. MB players are still going to have to be mindful where they place items for sale and for how much.

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Originally Posted by Espritduo

You now pay a tax no matter what city state you buy in, even if it's the same as the seller, so there is no benefit from buying the one below the top unless you just don't like the guy on the top. Also, "buyer" and "aware" are two things that do not go together very often.

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See above. Also, you should be aware that buyers are quite often, if not more often, sellers.

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Originally Posted by Vahlnir

It's better to undercut by 1 gil than thousands or millions. Most people that undercut by 1 gil only do so to put their listings to the top in order to maximize profit both in speed and amount without dragging the price ridiculously low ridiculously fast.

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This. I want my money, but I sure as hell ain't going to take a hit in profits when I can maximize with minimal loss by undercutting by 1 gil. I want it sold and to get that glorious 600k. I'm not going to be foolish and lower it by a large amount when that means I get LESS money.

I will admit if someone undercuts my listing by 1 gil I tend to list about 20 of that same item at a 50% undercut out of spite.

Know that I'll crash the market if I have to; maybe even if I don't.