Please Undercut Wisely

[Kogara]

I'm 'that' guy I guess...

See, I farm just about everything I sell so everything is profit.
My inventory fills up faster than I can sell everything, so I am going to undercut a fair amount to where I still feel like I'm making a pretty good profit.
If I'm not undercutting then I'm not making any profit, and my items just sit in my inventory.

This is a free market, supply and demand, etc... That's just the way it is, I'm sorry.


(:

[Nura]

On My Server I am currently Selling Mithril Ingot HQ *950 of thoes for 500 just because I can Hate me for it xd

[Spy]

Actually, I see the market wards working as intended ;p

When FFXIV first released, everything (that I wanted to sell) was dirt cheap. So I didn't sell it. I waited. For example, I wanted to see if selling some of my 4k+ shards would be worth it. It wasnt at first...shards were selling for 1 gil each. So I held onto them...now they're up to between 60-100+ gil each, and I made a much better profit. (Of course I didnt sell them all as I plan to use some of them for my crafting jobs later) Because I knew eventually, people would run out of the shards they had from 1.x and they would have to be farmed, making supply a bit harder.

As for undercutting...for the most part, I usually dont do it depending on how many of the items are up, and how fast they sell. If it's a hard sale, then yeah, I'll undercut...but not by much. If the item is up for 1,235 gil, it drives me crazy, I like nice, even numbers, so I'll sell for 1,200 gil. (I'm ocd) Or, if the item is worthless for a few items, I buy those and resell them for what they're really worth.

It all comes down to supply and demand. Remember this is a videogame, not reality....so supplies can be made more easily by people. Once that supply is depleted, depending on the demand, the price will rise again. Just be patient. Like I was with my shards. After all, this is a new economy from 1.0...even on Legacy servers (which is what I play on), so it'll take a while for the prices to stabilize a bit more....but there will always be undercutting and price changes. It is a public market after all.

[Valamyr]

While market prices seems quite volatile in this game, complaining about gouging or undercutting is quite silly. Thats the nature of the beast, and what ultimately is supposed to result into some sort of market equilibrium by eliminating extremes.

[Arriverderci]

The life as a Salesmen is but a hard one. It's interesting to see how things play here.
Never really been into the Marketing business in games.
Shit's tough but pretty fun trying to sale things before someone tries to undercut you
to living hell. I just make random ass numbers.
Someone selling for 1k.
I sell for 987g and that get's sold big time. I'm usually fair with prices in this other game
but no! I must make cash in this game. It's kinda hard but fun.

[Astarica]

Aside from a few items that move in reliable quantity like shards or Fleece, pretty much everything in this game has very little value because the supply is effectively infinite and the demand for it is very minimal. In fact, most of the demand is from other crafters, which makes the whole thing a Ponzi scam. It is imperative to move your goods before the prices spiral toward somewhere around 10Xnumber of clicks (1 gathered item = 1 click) as they already do if you're aware of what's going on.

Also I think people way overestimate the value of '1 click'. I dumped a ton of crawler cocoons and Twinthreads back when they were expensive. I'm sure some guys tried to buy them out to keep the market 'stable', so I just dump another 300 crawler cocoons until the price finally crashed. It actually takes less than 1 click to gather 1 crawler cocoon (because you get 3-5) and sure there's a time limit but it's not like it takes much effort to teleport to East Shroud when you see in game time is around 1am. I know people like to think getting a DoL to level 50 is somehow a valuable asset, but it really is not, and all it takes is one guy who doesn't agree with you to destroy the value of your DoL. There's no way even the entire server can somehow keep on buying the goods produced by a single level 50 DoL dumping materials and the price will crash to whatever that guy wants it to be. Better you be the guy that causes the crash than the guy that's picking up the pieces after the crash.

[Raagnar]

I will undercut as much as I like, deal with it. You guys can say im ruining the market or w/e but my pocket disagrees with you. Want to make more money? be more agressive in the market and stop buying mats to flip as its a gamble.

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.

Do you really think someone is going to stop how they play a game and think, maybe i should worry about others players ability to make gil? when it has no effect on you at all. I could care less if you have gil or not, Im not selling stuff to be cool. Im making gil, not holding hands and praying we all have equal shares in everything.

[Yurikitty]

I will undercut as much as I like, deal with it. You guys can say im ruining the market or w/e but my pocket disagrees with you. Want to make more money? be more agressive in the market and stop buying mats to flip as its a gamble.

You understand if everyone did this like you suggest you would literaly kill the market in less than a week. Honestly did you even think that response through? Oh look you dont like it? Screw you I am undercutting everyone bahahaha... and then everything goes for 100g or less. How long do you think your profits would last then? So happy for you that you're pockets are lined at other peoples expense. Ironically its these jokers that scream and cry the loudest when RMT undercut the hell outta them.

[Raagnar]

You understand if everyone did this like you suggest you would literaly kill the market in less than a week. Honestly did you even think that response through? Oh look you dont like it? Screw you I am undercutting everyone bahahaha... and then everything goes for 100g or less. How long do you think your profits would last then? So happy for you that you're pockets are lined at other peoples expense.

Yes I did, and what you said HAPPENS if you hadnt noticed, I could be like you guys and cry about it or try something else. Let me give you a tip because you ppl obviously dont get it. supply and demand, if you flood the market and one guy wants to sell 1 thing he will undercut you. By placing all your flipped items up at once you are asking for ppl to undercut you. You seem to be quite the armchair economist. If im doing it wrong why do i have 8 digits? and you are complaining about not being able to make gil lol.

Oh also you cant LITERALLY kill something that is not alive. Check prices, most low mats are bottomed at 1 gil. And selling responsibly? thats a term made up by ppl who cant handle getting undercut. Its fair market not a communist country.

[Astarica]

You understand if everyone did this like you suggest you would literaly kill the market in less than a week.

Your problem is thinking your items actually have value when they do not. When you have infinite supply meeting nonexistent demand, the equilibrium settles at the 'not worth stealing' price. That is, it's equivalent of a price where a pirate is willing to pay for software he could've pirated (likely around $1 or less). And, unlike the real world, you don't get to even try to use stuff like DRM to attempt to put the price back up when you're in FF14. The price simply just crashes.