Please Undercut Wisely

[Tupsi]

Or they should banish people like you who are gouging people.

I don't recall gouging anyone, unless in your definition of gouging = anything over 200g. Let's use an example of what I've been making:

Sauteed Coeurl -

1x Fire Cluster - 308g single
1x Water Cluster - 310g single
1x Garlean Garlic - 5g per single
1x Smooth Butter - 8g (x2 milk)
1x Coeurl Meat - 140g per single
1x Cooking Sherry - 2,000g single
1x Volcanic Rock Salt - 320g nq single, 450g HQ

That's if I buy all the mats, which totals at present times, 3,091 cost, I sell for 4,100 singles or in sets of 5 for 20,500. So in reality, I'm actually barely making a profit as I don't gouge people, if I buy everything instead of farming it myself I made a 3 -4k profit depending on market, but the nice thing is, since many barely can do 1-2star stuff, those markets tends to be stable.

I've more than doubled the money I had from version 1.0 in crafting alone

Let's be honest, given that they chopped off a digit it's not that hard since your gil is worth less (or more depending on how you look at it.)

[Yurikitty]

snip

You're buying everything? Butter is a level 7 recipe that makes x6 items, cooking sherry can be obtained 10 for 1-1/2 AK runs or 125 tomes. And worst why are people buying you're food? That is a 2 star food that is worthless stat wise right now since no one has the gear to take advantage of this. Insanity!

snip

So you undercut because you farm to fast? Oh the logic in this. Instead of slowing your farming down or holding on to those items a wee bit longer you screw everyone else on your server out of gil because you what, feel like it, you're just that cool? People like you are the ones that make it hard for everyone else to make a profit. You sir are no better then RMT, in fact you are worse, at least they are feeding families with their back handed dealings, you are just doing it cause you are lazy.

[OldGeezer]

I don't recall gouging anyone, unless in your definition of gouging = anything over 200g. Let's use an example of what I've been making:
...
That's if I buy all the mats, which totals at present times, 3,091 cost, I sell for 4,100 singles or in sets of 5 for 20,500. So in reality, I'm actually barely making a profit as I don't gouge people, if I buy everything instead of farming it myself I made a 3 -4k profit depending on market, but the nice thing is, since many barely can do 1-2star stuff, those markets tends to be stable.

That's a 25% margin and that's perfectly reasonable. However, what is the real out of pocket cost you're taking on. The only thing there that is not gatherable/craftable is the 2 buffalo milk to make the smooth butter for a whopping cost of 2 gil. 25% margin for 2 gil is 0.5 gil. So you're real out-of-pocket expense is 3 gil and you want to charge 4000. I can sell mine for 1/2 your price and still make twice the profit you do. Yet, I am the evil person who is undercutting you and should be banned. Maybe you can gather some of the materials and not hitting people with a glorified vat.

Let's be honest, given that they chopped off a digit it's not that hard since your gil is worth less (or more depending on how you look at it.)

Given the fact that people we're charging 10,000 gil for a level 7 weapon back in 1.0 compared to the few hundred it goes for today, it's still a valid comparison. Yes they did cut our money by 90%, and I still made money, doubled what I had (and I'm not even 50 yet, craftwise) even when people were bemoaning that the economy would crash due to the AH tax and repair bills.

[Mitski]

Or they should banish people like you who are gouging people. It works both ways. A fair price-and profit-is determined by the player base, not the seller. Do I undercut, yes. Why, because I want to free up selling slots and make space for the new stuff I craft. Do I care about the profit, no. Why? Because I don't flip materials I make stuff from scratch. As long as I make more than selling to an NPC, which is 95% of the time, I'm good. I've more than doubled the money I had from version 1.0 in crafting alone, and I'm only in the 30's. There is plenty of profit to be had and it really doesn't take that much effort.

Everyone sells items to make a profit. If you didn't care, you wouldn't sell anything.

Also, this is a video game economy. It's pure capitalism with no moral high ground, so I don't understand why you think making less money makes you a better person.

[Pseudopsia]

Players nerd raging at undercuts by a large amount make me giggle.

If you believe the price should be higher then just buy out the low price items and resell it at the higher price.

[Steeled]

It's foolish to undercut 80-90%. Everyone expects a slight undercut, i.e 7k > 6.9/6.85k, but to say 7k > 3k is what you should do? No not really - No one complains about slight undercuts and you know that.

It's a ripple effect on common items. It how ores when from 85k to 5k. How WP items went from higher than 50k to less than 100 gil.

Everyone undercuts everyone. If an item is never out of stock, the price just keeps falling and falling.

And you know that.

[Lexxuk]

Undercutting by a difference of 2 gil or 200 gil makes no difference, you're not selling your items if someone has undercut you by either 2 gil or 200 gil. The person who undercuts by 200 gil have looked at their profit margin and checked how much they need to make before they earn an acceptable (to them) profit. If they have farmed all items (shards and materials) then they could sell them for 10 gil and make a (small) profit.

Let's use the Amazon effect. Amazon makes very, very small profits on each item sold, let's say you buy a book from Amazon which costs you £5, the profit for Amazon on that book may be £0.02, but they sell millions because the price is so cheap, lots of sales with small profits beat few sales with large profit.You want to make 60k profit, someone else is happy with 40k profit, so be happy with 20k profit and make 3 times the amount, getting you back to your 60k profit.

Sure, it's a little more "work" for you but as long as your items are unsold their actual value and your actual profit is 0 (and you're running at a loss if you purchased anything to craft the items in the first place).

[Faelandaea]

Undercutting by a difference of 2 gil or 200 gil makes no difference, you're not selling your items if someone has undercut you by either 2 gil or 200 gil. The person who undercuts by 200 gil have looked at their profit margin and checked how much they need to make before they earn an acceptable (to them) profit. If they have farmed all items (shards and materials) then they could sell them for 10 gil and make a (small) profit.

Let's use the Amazon effect. Amazon makes very, very small profits on each item sold, let's say you buy a book from Amazon which costs you £5, the profit for Amazon on that book may be £0.02, but they sell millions because the price is so cheap, lots of sales with small profits beat few sales with large profit.You want to make 60k profit, someone else is happy with 40k profit, so be happy with 20k profit and make 3 times the amount, getting you back to your 60k profit.

Sure, it's a little more "work" for you but as long as your items are unsold their actual value and your actual profit is 0 (and you're running at a loss if you purchased anything to craft the items in the first place).

This. I own my own business in real life and you know what? I compete there as well. It's nothing personal. It's business. As long as i don't violate the MSRP of the manufacturer and undercut them, I am fine. But in this case, YOU are the manufacturer of the product, competing with other manufacturers of the product, so as Lexxuk stated - learn to look at the big picture - it's better to have a "sale" and make lots than no sale and make . . . nothing.

P.S. - It's not just consumers buying the cheap stuff. It's also competition. Want to make that profit? Buy out the cheap sales and then resell at your own price. It makes people crazy amounts of money in the market, and you don't even have to craft anything

[rex1976]

you're abslolutely right. if i see you have flooded the market with an item that i keep stock of in inventory and you're undercutting by 1 or 10 gil i'll keep on undercutting you trying to bait you into putting them up below value of mats/crystals. then i'll scoop em up and wait for market to correct itself, and put the gil in my pocket you would have made if you weren't an idiot.

[Nouran]

UNDERCUT ME AND ILL UNDERCUT YOU TO 1 GIL !!!!!