Cross world Market good or bad?

[Krotoan]

This makes the buyers happy not the seller. Let me explain why.

... I just.. said..

For crafting there has to be incentive. The incentive is to earn gil. Selling for profit is why we sell, so saying prices are overpriced in certain server doesnt mean they have to be underpriced. Its how economy works. Supply and demand.

Yeah.. you know that that's supposed to be a balanced thing right? Each side pulling their way until a compromise is reached which becomes the market accepted price.

Merging all the servers now just increased the supply, the demand remained same. Sm1 who can pay 8mil for a dress can also pay 20mil just means they will save up the gil during the dead times of the patches.

... But someone else who never had 20 mil will now buy the dress, so you'll be getting their money. You just will be making less per transaction.

Increasing all the crafter by merging is limiting gil earning for crafters. Sure, you guys will never run out of supply since you have more options aka more supply in cross world but it definitely is hurting the crafters. There is no reason to sympathise the buyers. I made this from a sellers prospective and as stated in the post, i wanted what the other crafters thinks. Idc about the buyers and niether should you as a craftter. Thats how business works. I know someone will call me selfish soon but its the truth.

I.. think you don't understand how business works. Without your customers you don't have any profit, you should probably care a little if they're happy or not.

[IamBetterThanYou]

... I just.. said..

Yeah.. you know that that's supposed to be a balanced thing right? Each side pulling their way until a compromise is reached which becomes the market accepted price.


... But someone else who never had 20 mil will now buy the dress, so you'll be getting their money. You just will be making less per transaction.



I.. think you don't understand how business works. Without your customers you don't have any profit, you should probably care a little if they're happy or not.

The business in mmos dnt work like that in real life. Here all the products are identical. If something looks shiny and nice they will buy it. If you care about your buyers wallet for items tht they will only buy once, gl doing business.

[IamBetterThanYou]

And no, people who can buy for 8mil can also buy for 20mil. The increase is way less in demand compared to the increase in supply.

[Krotoan]

The business in mmos dnt work like that in real life. Here all the products are identical. If something looks shiny and nice they will buy it. If you care about your buyers wallet for items tht they will only buy once, gl doing business.

Real life has the same problem. Why do you think walmart dominates? they sell the same stuff as everyone else, same quality but they sell it dirt cheap. If the quality is the same you have to win with price. The only reason you were pulling in larger money was people had absolutely no choice, now they do and it's a buyers market. This is what happens when you don't have a monopoly on something and why there are actual laws to regulate that sort of thing in real life, in a good economy sellers don't set the price by themselves, it's a compromise between what it's worth and what people are willing to pay.

And no, people who can buy for 8mil can also buy for 20mil. The increase is way less in demand compared to the increase in supply.

.. I'm not sure how you figure that someone who can afford 8 mil can also "afford" 20 mil. If I have 5 dollars, I cannot spend 20 dollars. And yes, the supply increased greatly, and for the majority of the playerbase it's been great, since most people aren't hardcore crafting. I can see why you think it's bad since your profits have declined, but I do not sympathize especially with your comment that buyers don't matter. It has done nothing but benefit everyone I play with. We can now have the glamours we've always wanted, the housing stuff and the consumables we need for adventuring and still have money for other stuff. People are still selling them so someone somewhere in the servers is making them. Get used to the new market.

[TwistedTea]

The business in mmos dnt work like that in real life. Here all the products are identical. If something looks shiny and nice they will buy it. If you care about your buyers wallet for items tht they will only buy once, gl doing business.

FFXIV like a lot of MMORPGs has an abundance based economy.

Since technically,everyone can acquire the same resources through spending time, the only significant factor for product differentiation is price.

Crafter A lists an Ala Mhigan Gown for 100k.

Crafter B can still go ahead and list it for 150k and hope that the demand increases. But in the meantime,crafter A would have sold 10 gowns before crafter B sells one.

So crafter A has made more profit through volume of sales.

[MajinSoul]

If other crafters are able to make profit by charging a fraction of your price then you clearly overvalued the effort that went into creating the item. There's nothing to discuss really. The only ones really "hurt" by an open market are the ones that completely overcharge their products.

"There's no reason to sympathize with buyers". I know right? Screw them

[IamBetterThanYou]

FFXIV like a lot of MMORPGs has an abundance based economy.

Since technically,everyone can acquire the same resources through spending time, the only significant factor for product differentiation is price.

Crafter A lists an Ala Mhigan Gown for 100k.

Crafter B can still go ahead and list it for 150k and hope that the demand increases. But in the meantime,crafter A would have sold 10 gowns before crafter B sells one.

So crafter A has made more profit through volume of sales.

You are right. But this now increased A LOT since server hop. As a buyer if I wanna buy a dress, i dont mind hopping in all the server to see the lowest price but as a crafter when you list a lot of item, its impossible to do that. We cant even sell in lower price thats why. As I said, the new dress in our server sold after 3 days of release whereas before we would sell a lot in first day. Now the players just go to a server that has the lowest price and buys from there and ofc since crafters increased, people also make custom orders by party finders and just crashes the market even more. Even undercutting doesnt work in my server. Takes way longer than it should.

[IamBetterThanYou]

If other crafters are able to make profit by charging a fraction of your price then you clearly overvalued the effort that went into creating the item. There's nothing to discuss really. The only ones really "hurt" by an open market are the ones that completely overcharge their products.

"There's no reason to sympathize with buyers". I know right? Screw them

Overcharging is fine? Whats wrong in that? Its my business so ofc I care if my business goes down? You probably dont calculate gil/hr but i do. And now crafting doesnt earn me the gil per hour that other things does.

[TwistedTea]

You are right. But this now increased A LOT since server hop. As a buyer if I wanna buy a dress, i dont mind hopping in all the server to see the lowest price but as a crafter when you list a lot of item, its impossible to do that. We cant even sell in lower price thats why. As I said, the new dress in our server sold after 3 days of release whereas before we would sell a lot in first day. Now the players just go to a server that has the lowest price and buys from there and ofc since crafters increased, people also make custom orders by party finders and just crashes the market even more. Even undercutting doesnt work in my server. Takes way longer than it should.

As a crafter, if your production costs result in you making lesser profit or even a loss compared to competing crafters, it's time to exit that market and find something more profitable.

This happens in real life as well. Business who are unable to make profits to keep the business going have to shut down or accept lower profits. For example, Chinese manufacturing put a lot of global companies out of business or reduced their profit margins.

The market/buyers do not care about your production costs or profit margins when the items are all identical.

[IamBetterThanYou]

As a crafter, if your production costs result in you making lesser profit or even a loss compared to competing crafters, it's time to exit that market and find something more profitable.

This happens in real life as well. Business who are unable to make profits to keep the business going have to shut down or accept lower profits. For example, Chinese manufacturing put a lot of global companies out of business or reduced their profit margins.

The market/buyers do not care about your production costs or profit margins when the items are all identical.

Thats exactly what i am doing. I am just doing fates and white scrip farming and earning more selling crafting mats and meteria. The post was just to see what other crafters feel like. But its been flooded by people white knighting it. We are the villains for overpricing stuff >.>