Fixing the Markets. As much our problem as SE's .

[Reiterpallasch]

I like how people selling items for less than they cost to make, or less than what they'd go to a vendor for gets childish responses like

It's called economy. Get. Over. It.

No, it's really not. Undercutting items into the ground, to the point where there's 0 profit, and in some cases a loss, is not "economy".

[Ruminate]

No, it's really not. Undercutting items into the ground, to the point where there's 0 profit, and in some cases a loss, is not "economy".

You sell something for 0 profit due to logistics. Logistics is a part of economy.
Too much supply, limited space, not enough demand.

[Annah]

I like how people selling items for less than they cost to make, or less than what they'd go to a vendor for gets childish responses like



No, it's really not. Undercutting items into the ground, to the point where there's 0 profit, and in some cases a loss, is not "economy".

for me it's simple....I simply will not undercut my wares to the point where I will not make profit.

Now, I haven't had that happened yet because I usually stick to HQ upper level clothing but if it ever got to the point where someone wants to undercut me to the point where they are going to lose money...then let them. It's their loss. If it happens a lot for one item, then I know not to make that item again since it's well stocked to the point of losing money

On the other hand, I'm not going to raise my prices like a douche because mine is the only HQ item. That's a pet peeve of mine...if I see someone selling a woolen robe for 70,000 gil I will go and make three or four HQ woolen robes for 10K a piece. The one thing I cannot stand is price gouging. Yes, it is their right to do it since it's the economy...but I'm gonna go and make the same item and sell it as a reasonable price where I will make a profit and not rip someone off at the same time.

Plus, it will save me the headache of inadvertently selling to a gill buyer because anyone who spends 70K on a woolen robe tells me they don't care about their gil and they probably bought it.

[TheRad]

This is funny.
If you think there is something wrong with undercutting then you are nothing but a cry baby. With all your elitism and whatnot, to further that BS by saying people sell things for too low or people should buy your goods for X amount no matter what is just plain ridiculous.
Its a "market board" not a "guaranteed to get what you want for it board" or a "lets farm a bunch of crap and make a whole bunch of money guaranteed by fleecing everyone else or those who don't want to level a craft."
Its almost unthinkable that it even has to be explained...that if someone makes something and sells it for more than people are willing to pay...and then someone else makes something and is willing to sell it for less....then that is somehow in someones juvenile mind wrong...

[TheRad]

You don't get to be level 50 "Swindler" or "Fleecer" forever. Those pieces of armor going for 5-9 mill on the are plain botarded, and if i had the time i would make the armor and sell it for less to dump it off as i always do, and i have a good amount of money.

"sometimes you eat the bar...and sometimes the bar eats you..that's life" You aren't entitled to any amount of money for making anything from your services, markets fluctuate...get over it.

Honestly if people put things at reasonable prices in the first place, gil would have more value and not be this ridiculous amounts for some things that will prolly be worth nothing a couple of patches from now.

[Maddox]

I like how people selling items for less than they cost to make, or less than what they'd go to a vendor for gets childish responses like



No, it's really not. Undercutting items into the ground, to the point where there's 0 profit, and in some cases a loss, is not "economy".

Actually I beg to differ. It is Economy, and is known as Price Based Selling, and your grocery stores do it all the time.

No matter where you are in the world, if it involves a Free Trade Market where prices aren't controlled, people will always undercut others prices to sell their goods.

You want the prices to remain steady? Do what others do, buy up the cheap goods and re list them at your price. This too happens all the time irl.

[SpotOn]

You want the prices to remain steady? Do what others do, buy up the cheap goods and re list them at your price. This too also happens all the time irl.

This happens now, and is great imho. If I make a run of items during my grinding, I will undercut the price on the junk even if I'm losing money from the mats, I don't want the items, someone else will and they will buy mine cause its on top of the list which are in decent stack sizes and will earn them a profit. I will then be competitive with the HQ's. This alone has allowed me to have an extremely steady profit especially now that I'm dealing in fleece products.


I'm not here to have millions upon millions of gil. If I choose to lose money selling certain items at extremely low prices well that is my choice, I will continue to do so. As mentioned in Maddox's post, if you want market prices to be steady, then buy my items and sell them at the price you think they are worth, I will still be profiting, as will the people buying my items.

BTW, awesome post Nedhitis