Overflowing stupidity

[Wulfies]

I agree, my example does not take into account all factors, but it was used to hopefully illustrate the foolishness of someone selling an item cheaper than they could sell the mats.


In terms of 2 star items being sold way below cost due to silly undercutters, I believe this is the main reason:

A crafter has been selling a lot of 1 star items and other things fast on the MB, they gear up and think "I'm going to make and sell some 2 star items!".

They list the item and expect it to sell as fast as their other items.

After a few days or less they get worried that it's not selling and a large part of their gil is tied up in this item.

They keep dropping the price / undercutting in large chunks because they are desperate to get back whatever gil they can ASAP.

I want to try and tie this back to the OP's posting regarding "Overflowing Stupidity" (as he so aptly puts) so here goes:

It is the crafter's responsibility to find markets which are or are not profitable. When I decide on a market to sell stuff I look not only at the going prices for the product(s) I will be making but also at the history to see how fast said product is moving. The transparency with being able to see profitable markets helps me make very informed decisions in how I spend my time crafting. This is why I am vehemently against implementing the blind bidding system that FFXI has.

A lot of these threads seem to be made by people who feel they are entitled to large profit margins.

+1 billion to this sentence.

People should be treating selling crap stuff on the MB like opening a "mom & pop" at the corner. Just like with any business, without the proper research and information you are bound to fail.