Please Undercut Wisely

[Steeled]

I hate undercutters, but it's the nature of this poor "AH" design.

The only way to get to the top of the list, to be the first purchase considered, is to undercut. It doesn't even matter how much the undercut is.

If your item didn't sell after 2 days, it doesn't matter how much people were undercutting you by, merely that they were undercutting.

Sorry, FFXI had the better AH. You could see a price history, but had no idea whether the other one up was priced above, below, exactly the same as the last sale. It could be for 1 gil, and you had no way to know.

If the last diremite web stack sold for 50k and yours was priced for 10k and someone's first bid was 43k, they'd win and 43k was shown in the price history.

Prices stayed steady, except due to unrelated economy exploits, and intelligent people could still play the AH really really well.

[Murakamo]

Ah, the forces of a free market at work.

Suppliers will fall, but in the end it is the consumers who will benefit.

Nothing wrong happening here.

EDIT: You have to realise that eventually prices will drop so low that no one will bother selling the item. That's when people will stop supplying and that's when prices will rise again.

[amnie]

a) people do this ON PURPOSE
b) nobody's forcing you to sell at the lower price

it's business. the market place follows the law of common economics. don't like it? don't play it. (I'm not even kidding, if you really want to make a bargain with just selling/crafting/reselling you probably have to have basic economical knowledge - or at least be quick to catch up)

that being said, it's really your own fault if you spend so much gil on something you could just farm yourself. there's always the risk of items drastically losing their worth, especially in an MMO-economy that moves much much faster than it does 'in real life'.

[Kimbles01]

This is what happens when you have an economy run by kids. Need I mention the Mannconomy?

[xRitzx]

This thread would be more fitting on a Thursday night just before the weekend starts. The massive amount of people that play on weekends ruin the MB.

[Mekhana]

I miss selling Peacock Ore for 35k.

[Royal]

I undercut by 1 gil everytime. All i care about is being at the top of the list, that's it.

[Fiosha_Maureiba]

I think it depends. If the item will benefit lots of folks, e.g. mid tier crafting materials, I wouldn't mind the NQ versions of these items taking a deep dive.

When you factor in shard consumption/prices, unless an individual gathered all resources on their own, he/she cannot sell the finished product for money than they invested. But these raw materials or processed materials, they're kinda expensive.

For the folks that have gathered their own resources and are up to the brim in inventory, I think they can afford to undercut to make more room sooner.

[Nero]

I miss selling Peacock Ore for 35k.

Do you? I miss selling it for 85k.

@ Topic

That being said; Undercutting is not really the Problem, the Problem is the actual amount. Like certain Items go from 15k a Piece to 4k a Piece within a couple days and then back up to 15k. Undercutting for more than 5%.. is plain stupid, no matter if people do that on purpose or not. If you want to sell things fast even a couple Gil will do that as long as you are at the Top ( you could actually stay at the Price and re-enter it to stay on Top ), so saying that it will sell faster if you undercut by 50% is just delusional.

[QhasPhanipar]

With everything so easy to obtain, including leveling all classes/job including crafting and gathering stuff, you can bet undercutting is a problem.

Basically everybody has every item available to them.

Everybody wants gil.

Everybody sells items on AH.

SUPPLY IS WAY GREATER THAN DEMAND. It is true to most items.

Guess what, everybody undercuts everybody.

Even if they undercut by 1gil, an item worth 2k, will be undercut 1k in no time.

Solution?
-sell items that is not undercut yet, but its a game of cat and mouse
-buy low and sell high?
-wait it out till the price comes back up.

nothing any player can do, its a bad game design in the first place.