Undercut Hell

[Morningstar1337]

Maybe I'm one of those people that just feels a cheaper market for the buyer is better for everyone.

Welcoem to the world of ecocomics. Where SE screws the consumer over by overpricing certain things, causing the players to screw over over players to get said things.

Also RMT isn't helping that one bit

[Tupsi]

The value of a good is what someone is willing to pay for it, don't cry just because someone else is willing to make less money than you.

Someone else wanting to make less money than you means you'll make no money or even less than them simply because they don't care for a profit. If something consistently sells for 800k, why are you undercutting to 300k and causing people to undercut THAT to even lower till it floors out?

People were willing to pay 800k, so why undercut massively to sell faster when you could have made so much more profit? Especially when we already know most people that undercut aren't the ones even making the items, they get it from retainer ventures or 2nd hand.

[DenzelTaru]

So what I hear you saying is that low prices for consumers caused by competition ruin economies?

no what i am saying is dropping the price by 10-50k at a time is ruining it.. i knew i would get many trolly answers or answers like "so its only good if it goes your way" people fail to see what it does when people drop it like that..

a 1gil price war is alot better than a 10k war..

[NyarukoW]

..
People were willing to pay 800k, so why undercut massively to sell faster when you could have made so much more profit? Especially when we already know most people that undercut aren't the ones even making the items, they get it from retainer ventures or 2nd hand.

Massive undercuts means you get a chance at a massive windfall. Buy it up quick and sell it at the price you want and profit! Been there done that. It works good makes lots of gil easy off someone else's impatience.

... Do you have any empathy for people who try their best?

Empathy and markets don't mix. Empathy does not give you the right to price gouge someone else either. I do have empathy, but you are talking about pricing, and pricing is a cold blooded (fill in the blank). Fact of life , applicable in game too, prices are always too high when you want to buy and too low when you want to sell. The odds that the timing of the matter lines up with your situation is low. And if you want to buy low and sell high, you got to look at undercutters as source of good opportunities.

[MomomiMomi]

You undercut me by 1 gil, I'm going to undercut you by 1-10k, depending on the item's price. Not many things annoy me as much as a 1 gil undercut. If you want the price to stay at the current value, list your item below mine, not above it. Wait your turn.

[Morningstar1337]

You undercut me by 1 gil, I'm going to undercut you by 1-10k, depending on the item's price. Not many things annoy me as much as a 1 gil undercut. If you want the price to stay at the current value, list your item below mine, not above it. Wait your turn.

^ This. The ecomeny works via supply and demand. Emphasis on DEMAND.

[NyarukoW]

You undercut me by 1 gil, I'm going to undercut you by 1-10k, depending on the item's price. Not many things annoy me as much as a 1 gil undercut. If you want the price to stay at the current value, list your item below mine, not above it. Wait your turn.

That is too predictable. Do it a few times and you are at 50% of your starting price.. guess what. Now it is a flip opportunity. By yours out and sell it for 2x, and then sell my own. All profit. Don't get emotional about pricing, it makes you lose money, in game and this is applicable to real life too.

BTW, The market does NOT believe in "waiting your turn" by the way. The player that puts in the effort to keep their prices current and always ahead by 1gil will be first to sell and that is because they put in the effort.

[KingOfAbyss]

There ain't no price at current value, the value is set at the bottom by SE if you sell it to NPC.

Other stated to rebuy and resell if you want to keep on being greedy.

Economy in there is run by humans, and letting humans control stuff, ends up begin super nice (sarcasm)

If everything had a ceiling price, everyone could have access to everything, which is what I think a P2P should be.

Now they open the pandora box with their Cash Shop, let's play the waiting game to see how long they'll stay putting only glamour stuff or things that don't affect the game.

The value of a drop like a primal's item that's 0.00001% - is worth as much as your greed dictates.

For some, that could be 1 gil.. have fun undercutting that.

Sigh..

[MomomiMomi]

That is too predictable. Do it a few times and you are at 50% of your starting price.. guess what. Now it is a flip opportunity. By yours out and sell it for 2x, and then sell my own. All profit. Don't get emotional about pricing, it makes you lose money, in game and this is applicable to real life too.

I make 5m gil in a day of selling. I don't care, buy it all you want.

[Edli]

I will never understand these topics. It's his item and he can sell it even for 1 gil if he wants to. Instead of crying over it buy and resell it. Nobody put you in charge of an item's price, you're in charge only of your own prices.