Undercutting

[Risvertasashi]

As an end game crafter myself whom also undercuts and ensures fair value, undercutting subject comes up usually by first time crafters getting involved in savage drop day with crafted gear. They don't understand the market won't pay 3.5 million for a i580 chest, it's not even worth 25% of that in material costs. People who are in the club know how much material costs are and what a reasonable profit is, not something like 500%

I also see it come up a lot when some newbie gatherer or crafter has one thing they gather/make. It's a good money until someone else or several someone elses notice and then come in and drop the price.

So, I endlessly emphasize that diversity is key. Stings much less if a market crashes when you're selling 60 different items instead of 1, maybe 2.

[Kaurhz]

There's always a great deal of irony with undercutters complaining about other undercutters.

[Brian25]

I recently read a thread where someone was denouncing people who undercut on the Market Board, which is something that took me by surprise. I figured that it was something that was normal in every MMO auction house-esque system, or at the very least that's the experience I got since it was prevalent in every MMO I've played up to this point... and in real-life...

But since I'm still relatively new and only just now getting the opportunity to participate in an early expansion economy, I just want to ask, because I've been absolutely vomiting materials onto the Market Board at undercut prices and smiling with greedy glee when they all sell before the person whom I have undercut.

Is this behaviour 'normal' or 'acceptable' in FFXIV?

I've always just matched the lowest price. If everytime I come back from a dungeon etc and its the same retainer undercutting me by 1, I'll just destroy the market. I brought the Chondrite tools from 300k down to 20k on my server by listing 10 of each at 20k. I was pretty proud that someone managed to find out who I was and messaged me angrily.

[Risvertasashi]

I've always just matched the lowest price. If everytime I come back from a dungeon etc and its the same retainer undercutting me by 1, I'll just destroy the market. I brought the Chondrite tools from 300k down to 20k on my server by listing 10 of each at 20k. I was pretty proud that someone managed to find out who I was and messaged me angrily.

...which makes me really glad that most of the time other players can't see who's behind a retainer. As if this thread wasn't indication enough, people get really hostile about market stuff pretty quick.

Also, thank you for your service.

[Avidria]

I do laugh when I see people undercut to the point where they're actively losing money
Like slashing prices on stuff that was already selling super fast, or posting stuff for less than what a vendor will buy it for
Bit of an odd choice tbh

[Xrystofer]

Just undercut materials by 1 Gil and you will be fine in most cases. People complain about aggressive undercutters that tank the prices.

e.g X Material is 500 Gil and you undercut by 100 Gil. Then another person undercuts you by 1 Gil and adds to the problem.

[Brian25]

...which makes me really glad that most of the time other players can't see who's behind a retainer. As if this thread wasn't indication enough, people get really hostile about market stuff pretty quick.

Also, thank you for your service.

Yeah I have no idea how he did it, he must have seen me crafting a ton of them. But he messaged me something along the lines of "I know this may be weird but are you the jerk ruining the market?"

Even at 20k I was still nearly doubling my profit on each item, so it worked out in the end haha.

[SavishSalacious]

I will always drive the price way down, using rtainers to take something thats selling at 100k down to 1 gill and seeing all three of my retainers selling so people are

[Risvertasashi]

Yeah I have no idea how he did it, he must have seen me crafting a ton of them. But he messaged me something along the lines of "I know this may be weird but are you the jerk ruining the market?"

Even at 20k I was still nearly doubling my profit on each item, so it worked out in the end haha.

Items you craft have your signature on them.

It's not a surefire way to find out who owns a retainer as people can relist others' items if they decide they don't need them or to try to control the market. But that's almost certainly how you were found out - the item signature.

[Shialan]

As an end game crafter myself whom also undercuts and ensures fair value, undercutting subject comes up usually by first time crafters getting involved in savage drop day with crafted gear. They don't understand the market won't pay 3.5 million for a i580 chest, it's not even worth 25% of that in material costs. People who are in the club know how much material costs are and what a reasonable profit is, not something like 500%

Or from someone like me who didn't want to no live the market board because people were undercutting you as soon as you posted something. You couldn't update your prices for 8 hours? Enjoy being undercut by 50k gil. On every single item.