UNDERCUTTING....

[KumaAkuma]

Your item won't sell faster if you undercut from 40k to 30k than if you undercut it to 39k. But yeah if you want to give it away, go for it.

You're putting in a lot more effort trying to make money tho.

[Nabiri]

Your item won't sell faster if you undercut from 40k to 30k than if you undercut it to 39k. But yeah if you want to give it away, go for it.

You're putting in a lot more effort trying to make money tho.

If you were speaking to me, I'm actually putting in FAR less effort.. And my reasoning for pricing this way is:

Whenever I try to sell something QUICK for only slightly less than what others are selling for... (ex. Them: 40k, Me: 39k) someone will almost instantly go slightly lower (ex. 38k). I find people are less likely to do so if I price for quite a bit lower. I end up making my money fast, and it's done with. I don't have to check the wards every half hour. I can leave it knowing I have a nice competitive price going and I'm still making 100% profit.

Little effort, fast money, 100% profit. It's a pretty good situation if you ask me. :3

[Akun]

Your item won't sell faster if you undercut from 40k to 30k than if you undercut it to 39k.

But seeing the item 10k less could convince someone who was on the fence about the purchase to buy, thus moving my item

[Breezy]

Your item won't sell faster if you undercut from 40k to 30k than if you undercut it to 39k. But yeah if you want to give it away, go for it.

You're putting in a lot more effort trying to make money tho.

Guys, everyone has their own idea of what something is worth when they consider what effort it takes to obtain. Value and worth are subjective. The market sets the price, not you. This is no secret or conspiracy, it's just the fundamental laws of economics at play. Some of you seem to be advocating for price fixing...

I do support a minimum undercut though. I usually make it a point to not buy an item from someone that has undercut by say only one or two gil.