[1019] Market Wards Small Fix

[trinta]

People are not smart enough to price things properly, and this is why we end up trying to sell the same item for a month.

What I'm reading: "People won't let me rip people off indiscriminately, and that's why my stuff never sells."

lulz.

[Viridiana]

Yes but why should you HAVE to undercut to get something to sell. It obvious people don't think its a good idea and I can accept that. However, I really do feel that an item should be priced on its worth fully. People are not smart enough to price things properly, and this is why we end up trying to sell the same item for a month.

Let me put it this way. I could go back to selling for 35 gil per, and my stuff would still sell, eventually. Mind you, I don't think anyone else would even undercut. I'm positive they wouldn't if I put it at 34 gil, even. Problem is, people are going to post it after I do, and even if they put the same price, mine gets moved further down the list. So, I undercut--not even as much as I could--so that mine sells first. The thing is, if you undercut far enough, no one will be willing to price match or undercut further, your stuff will sell, and the price will go back to what it was before. I haven't logged on in days, but I guarrantee you the price right now is still 34/35 gil, despite the fact that I've sold ~20 stacks of arrows at 32. Undercutting may get "rampant," but there's always a lower threshold.

[MarkH]

/sigh, another OP who have no idea how market work and wondering why they can't make easy gil... You should already be grateful if you can get more than a 10% return on your investment within a week, it's a better return than Warren Buffett can ever dream of (10% per week is a 14200% return on your investment per year).