How do you react to being undercut?

[Wazabi]

I know this isn't helping the problem, but I get really mean when people undercut me. I will undercut by 1-5gil on an item worth 1k+, essentially matching the price. I sell small quantities more expensive than full stacks. But when three people constantly undercut my 30k item by 5k every 20 minutes (being a total of like 5 items on the market), until the item is worth half the amount, I play dirty. I mine all my own Gold Ore, so I'll make a bunch (1-5) of what ever the item is, 1 star GSM items, and sell them all for 1g each.Honestly, screw you! If you're gonna make the item worthless I'm just going to start giving them away for free, because I'm not making any money anyways! And since I have 100s of gold ore extra it doesn't even affect me at all.

Thank you... I love impulsive players like you...that's how I get my full set of 1-star crafting gear cheap (though not 1g).

Look, I'll take a real example here. The lv49 (or somewhere there) HQ crafter's belt was selling for 10k in my server...not many clears a day. Then came this other crafter that started posting 5 pc of them everyday at 5k...then I started to see way more transaction than it was previously. By undercutting, you're making the item accesible to a wider audiance at a more afforable price. As long as you are making profits from it, that's not really a problem for the seller. You may be selling something at the rate of 1pc a day for 8k profit, but I could sell 5 pc for 3k profit each.

If I meet players like you, I would probably buy up everything that you have for offer at 1gil, stash it for resale later. At worst I'll be losing 1gil per item. Or...you could had just exited that market for a while, and sell your gold ore at 500 per piece (the price in my server) and still make some money...your choice.

[Hwasung]

I can understand If the cheapest item on AH is 10.000 gil and then someone put theirs at 9.999 or 9.990, its reasoneable, i do it. but I dont understand when the cheapest item is 10.000 and then the troll comes and put his 6 items at 5.000.... seriously... wtf???

If you don't understand that they are probably quite happy at receiving the price that they've listed for, and couldn't care less how you feel about the transaction - then I can understand why you'd think they're a troll.

In truth they probably don't even care what it is that you're selling it for as long as its above the price that they're happy to receive and can get a profit from.

[Reinheart]

This is how it is

1%


5%



10%



50%



80%+

[peaches]

Thank you... I love impulsive players like you...that's how I get my full set of 1-star crafting gear cheap (though not 1g).

Look, I'll take a real example here. The lv49 (or somewhere there) HQ crafter's belt was selling for 10k in my server...not many clears a day. Then came this other crafter that started posting 5 pc of them everyday at 5k...then I started to see way more transaction than it was previously. By undercutting, you're making the item accesible to a wider audiance at a more afforable price. As long as you are making profits from it, that's not really a problem for the seller. You may be selling something at the rate of 1pc a day for 8k profit, but I could sell 5 pc for 3k profit each.

If I meet players like you, I would probably buy up everything that you have for offer at 1gil, stash it for resale later. At worst I'll be losing 1gil per item. Or...you could had just exited that market for a while, and sell your gold ore at 500 per piece (the price in my server) and still make some money...your choice.

I don't mind you gear up off me. In fact I usually craft things for free for people anyways. Like I said I have a stockpile of 100s of gold ore, which I can HQ 1 star items with easily. I don't need more than the 500k I have now, and after playing the undercutting game for 5 days straight I get sick of not selling anything. Yea I get it, if its not selling at its set price, it probably needs to be lowered. But what other people need to understand, is that an item should never be sold for cheaper than what the materials cost.

Most people sell an item for the value of the materials added together, NOT INCLUDING the cost of the shards, so they're losing money, and so is anyone else trying to sell that item. And that's what ends up happening. Yea, 25k may be a little much for a HQ 1 star piece of jewelry. 15k? Probably a better price. 5-10k? You're not even covering the cost of the ore now, let alone the crystals. If I'm going to be losing money, I may as well make other people happy by giving my items away to them for free.

[Feron]

I undercut people by 1gil all the time. To sell, I have to undercut. That's just what my experiences have taught me. More people will buy what lists at the top, even if its only 1 gil cheaper. I don't want to ruin the market, so I only undercut by 1.

Sorry, that's just how it is. I agree that its lame. 'Don't hate the player, hate the game' seriously applies here, though.

[Chauve]

I rarely get "undercut". I don't list my item at the lowest price. Look at the number of items available, find the median, average out the prices, and find a good middle to list your item. The only exception to this is a huge difference in price from low to high (such as 10k to 40+k). Lower prices are going to go very quickly in most markets, so it's better to list your item low-middle and just be patient.

On a side note, undercutting is NOT what's killing the market. High supply causes drops. Perfect example are WP items. Items in there could easily go for 20-30k+. Soon as they made it give better rewards, everyone started farming it. Supply goes up, prices go down.

[gadzi_h]

Not really related to undercutting specifically but I've noticed people selling materials in the market for what the NPC turn in price is. I have to say this is just ridiculous, you want to wait for your item to sell for the same gil you can flip it to an NPC for???? umm ok.

I have to say the undercutting is getting frustrating for making gil from crafting / farming. But leveling crafting is a lot cheeper. I'm just not sure if it balances out.

[ReviiLagoon]

Play EVE Online, people will undercut you by .01 isk (EVE's currency) when something costs 7 billion isk to buy. Imagine sitting somewhere for 8 hours constantly adjusting your price by .01 in order for it to sell in a reasonable amount of time. You think we have it bad that people undercut by 1 gil every so often? Imagine it happening every 5 min, by 10 different people.

[JagerForrester]

Maybe some comments/advice from succesful traders could provide some insights to these players on how they deal with undercutters?

I tested selling an item that had no HQ results and sold one on both retainers. One sold high, the other undercut the high. I re-crafted one every time the undercut sold, and everything was fine till someone undercut my undercut. My high price sat there saying, "This is the ceiling." So I removed them, waited, and price went up to the "ceiling" I created. I then proceeded to undercut the other seller, sold my items.

This involved some luck in hoping I resold my items when a customer was looking and the other seller was oblivious.

[Gabbelgak]

Generally speaking I will just undercut back all the way to the point where I'm doing nothing more than breaking even.

In markets that I feel are mine I will undercut to the point that we are both losing money and will continue to do so til you concede defeat and bow out of even trying anymore.

This has worked for me so far although I pretty sure half the crafters on the server hate me. I've had a couple of tells asking me to stop selling things so low.