Undercut Hell

[CYoung187]

Scenario 1: You just made an easy 175k, you should be happy

Scenario 2: you are attributing to the undercutting war just as much as the other guy. Sounds like you should be patient instead of adding the the undercutting war. This will happen with items that have little demand. Some people take taxes into account when undercutting and want to be the lowest price no matter what nation the buyer is buying from, so 1 gil is not always the most sensible option.

But yeah everybody is only "sensable" if they agree with you, good one.

[Lemuria]

Scenario 2: you are attributing to the undercutting war just as much as the other guy. Sounds like you should be patient instead of adding the the undercutting war.

I tried that once... gave it a couple of weeks. By the time I went back to it, the price had dropped from 400k to a mere 50k. Now THAT's what I call an undercutting war.

In truth, it's all down to supply and demand. If people were buying them at a decent rate, people would get their sales quicker so there would be less undercutting. If they're not as well sold as other items, then they'll be undercut to oblivion. Only the very rare and lucrative items are exempt from this.

[Aunalise]

Scenario 1: You just made an easy 175k, you should be happy

Agree. Love it when someone contributes 175K to my account.

Scenario 2: you are attributing to the undercutting war just as much as the other guy. Sounds like you should be patient... This will happen with items that have little demand.

Disagree some. He is only contributing 1g at a time. Others are doing it at 10Kg or more at a time. You just ignored the point he made. If it is something that is selling slowly, then yes, undercutting a lot might find a quick sell/current going price level more-quickly, or may jump well below it. Anyone selling repeatedly in a market needs to learn the avg price level. Then you can 'know' that the 200K price is truly a 175K undervaluation, or not. If 200K is below mat cost, then that is a straight-up gift. Buying it is like buying the raw materials at a bargain. Never complain about that.

[Aunalise]

"Correct Price" A true story.
US chem mfr started selling an item below a German cartel price in Europe, 'violating' the Cartel's territory. They tried to cut him in on the action. He refused. They then thought they could undersell him in US and put him out of business, and sold the item like crazy... all they could make. But really, US chem mfr was just buying from them and then reselling in Europe at his original European undercut price, still making a profit. The thing is that he made money both ways, by under-bidding the Cartel's high price, and by buying up the too-low undercut price, and marking it up.

Moral of the story? FFXIV MB isn't like RL. Tens of buyers who are not very cost-sensitive don't really help set accurate prices. Neither do price-insensitive sellers who just had the item fall into their lap. BUT, you can still buy out gross undercutting and profit from it.