Someone in an identical thread once said:
"I love undercutting. Its like crafter pvp.
And I laughed really hard, and started undercutting. Come at me, bro
Someone in an identical thread once said:
"I love undercutting. Its like crafter pvp.
And I laughed really hard, and started undercutting. Come at me, bro
If his item was truly highly underpriced then you would be looking at it as an opportunity to buy and flip the item for profit. Since you aren't it is fair to assume you are overpriced. If I know that that horn will sell at 1.2mil I would be for sure buying the one at 900k and making an easy 300k (minus taxes) profit. Sounds like you are just whining because you didn't get to overcharge someone. Boo freaking hoo.
That's what happens with the high ticket items. Lots of competition, and not too many buyers.
your lucky someone didn't go sell it for 450k just because they really don't care about money.
Caught someone doing that with DET IVs.... checked the AH obsessively for about a week... they were selling for about 500k, fluctuating from 485-515. Every so often the same dude would sell them for 200k, and id swoop and buy them, and re sell.
I sell my stuff at average market value. I don't bleed people but I dang sure am not running a charity. I believe in fair wage for work provided. I am gonna get mine, lol.
Again I saw that under the sun the race is not to the swift, nor the battle to the strong, nor bread to the wise, nor riches to the intelligent, nor favor to those with knowledge, but time and chance happen to them all.
Thing is some people try to set items to be the price but in turn are overpriced to begin with.
So many items sell for crazy amounts, like items you can just get yourself by hunting enemies and such but people pay because they either do not know or just do not care to gather themselves.
Depends as well how much lower, if it is much lower yes it sucks however
You know there is no need to respond by stooping to the level of the under-cutters. I had an unhidden map, that I priced as the highest and I actually even forgot about it. 2 weeks later is sold for 500K, when everyone was undercutting down to 250K or less. All it takes is some patience and just wait. If you got the guts and believe the stuff is priced too low, buy low and sell high. It is a flipping opportunity, you are doing yourself a disservice by trying to beat the undercutters in their game.
Supply and demand, if the item is selling at your price quite often then an undercut by more than 1% is stupid, if it is a slow moving item, i.e. thavnairian onion this item will drop in price gradually as supply increases due to being a low demand at that price and a high supply.
What I do when people undercut my stuff that I know will sell quickly is buy it and resell it at a higher price, usually if the item is at 60% of my price. I.e. HQ Volcanic Rock Salt, I sell it for 3k but people undercut it down to 1.5k, I buy theirs and resell it at 3k, that's about 1,5k profit - taxes or barely any time spent.
Gonna be blunt, but I usually try to price things below the lowest current item on the MB because I want things to sell quickly. Time is money, as they say. The sooner I have freed up spots on the MB, the sooner I can put new things to sell.
I don't slash prices, of course. But the logic makes sense to me.
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