PSA: Do not undercut people by 50k gil or more

[Ishe-P]

I want this to be a secret conspiracy to reduce the price of rare items on the market board and Kupo Coffers in particular. Who farms those for profit anyway, is it even worth doing?

[Renalt]

Gotta learn the ABCs of business.

Always Be Cutting

[Korbei]

I am the sole arbiter of market value. It's me. I'm the guy. I never undercut. I only expose people who overcharge.

[Ayer2015]

This makes me want to sell a Kupo Coffer for 20K now.

[RaideDuku]

Don't want me to undercut by 50k? Fine. Don't undercut me by 1. When I put something on the marketboard, I always put it up for the current price and just let it ride. It'll sell eventually. You one of these cute people that undercut the current price by 1 just so they can have their listing first, then screw you. At the very least, I'll sell my thing first and you get to wait longer, at best I wreck the market and you'll have to sell it for less. I'm more then happy to burn my house down as long as you get caught in the flames.

[dspguy]

Gotta learn the ABCs of business.

Always Be Cutting

Always Be Closing. How do you close? Undercut to be next sale.

All that buyers care about is purchasing the first item on the list. They don't care if it is undercut by 1 gil or 100000 gil. That's what they'll buy - everytime.

[Sarevok_Thordin]

It's not about the money, it's about sending a message.

[Zanarkand-Ronso]

Remember.....Lower Sales, Drive more Sales.
...sometimes

[Kestwyda]

At the very least, I'll sell my thing first and you get to wait longer, at best I wreck the market and you'll have to sell it for less. I'm more then happy to burn my house down as long as you get caught in the flames.

That is an absurdly toxic take and a terrible response to how any market works. If you don't play the market game, then you lose, and the response shouldn't be to destroy everything out of spite because you're riding on a moral high horse.

There's no egalitarian idea that because you post your item for market value that someone shouldn't or won't undercut it for 1 Gil. The value of the item differs between you and the other person, and the person who ends up buying it. When there are lots of high value items on the market, the only way to even remain competitive is to make sure your listing is the one people click first. If people aren't buying thing then prices drop necessarily until they reach a point where people start buying, quantity goes down, which raises demand back up.

If you're patient and want to leave your item up there for the high prices and want to take the risk of the item losing its value over time so no one buys it at all, then that's your choice. But to rage so hard against someone doing the in-game equivalent of pricing their items $9.99 is absolutely out of line.

The next time you buy something on sale or something that's $1 or 1 cent cheaper, maybe you'll remember this. This is a competition and you're not owed anything. I would recommend undercutting by 1 Gil and see how it feels to join the rest of literally everyone. It's not 50k, it's 1 Gil, and the result is the prices remain steady and all you're doing is going out in front of your store every day and taking a marker to your price sign.

And there's only one rule to know: 1 Gil undercuts sell. And your things won't. You can either get angry at that, or chill out and learn how to play the game, because it's not changing. And remember, every time you post an item on the market for a price, you have irreversibly affected what prices other people will choose for their items, and the only place prices go after that is down.

[Eastwall]

So, l gather material while queuing for cc, and that allowed me to sell raid food and lev food a lot cheaper than others. So l should get banned for it? Is this communism?