Why undercut by a 1,000+??

[gadzi_h]

OP this is how the economy works in Eorzea. It is totally broken. There is very little value in anything crafted, and the few things that are of value are over produced because it is so easy to get all crafting classes to 50. In many cases it is better to spend 20 minutes running WP than waiting for your Ring, Armor, Mats, or whatever to sell. Do yourself a favor and gather some maps and do a map party you can make 20k gil in a few min with your FC or friends. Don't get frustrated with the MB, just post your stuff and walk away. It will eventually sell. If you micro manage it like everyone else here you are probably not having any fun and just watching the MB.

[Mcshiggs]

If I see it is one person, or two retainers that keep undercutting me by 1 gil when I list something, I just keep relisting it, let them undercut me to make sure they are watching the markets, then I will cut anywhere from 1k-20k gil in one jump, let them undercut me, watch for theirs sell, or even buy theirs, then relist everything at the original price. Or if it is a name I recognize as someone that constantly undercuts by 1 gil, I will undercut by thousands just to piss them off, it's not like money is worth anything in this game, but making those type people mad helps me sleep at night.

[Misake]

The whole point of lowering the price by 1 gil is to avoid actual price being too low. Say there's an item that sells for 15k. If people undercut it to 10k then the actual price will change to 10k coz soon there'll be more people who will sell the same item and the price will just go lower and lower. And it's just gonna make it impossible to return the price to 15k because people will think "Oh this one usually sell for 9k, not gonna buy it for 15k".

Alot of people undercut too much is just because they have less gameplay time and need money, so when they can't sell something, they get desperate and undercut so that they sell them faster. Good for you if it works, but unfortunately, not most of the time..

Guys, we all buy in the same market; people will always buy the cheapest. Be smart, learn to lower your price just alil less. To earn money, is to always stay on TOP of the list.

- Mr. Undercutby1 Gillionnaire

[Mcshiggs]

Guys, we all buy in the same market; people will always buy the cheapest. Be smart, learn to lower your price just alil less. To earn money, is to always stay on TOP of the list.

- Mr. Undercutby1 Gillionnaire

I make plenty of money, and I do it by not caring about the market or you, I care about myself, if I undercut by just a bit, it takes longer to sell, I have to watch it more, and it takes up retainer spots the entire time it hasn't sold, so I post it, if people start undercutting me, I will drop the price to pretty much the lowest I feel comfortable selling it at, this way I get fast money, and it opens up space to make more fast money, and if I get to piss people off in the process then that is just a bonus, your anger merely feeds the emptiness where my conscience used to live.

[Ultimatecalibur]

The lack of understanding about (Mostly*) Free Market Economics in this thread is saddening but understandable.

Currently it is a Buyer's Market for most player crafted goods due to how much supply outstrips demand. In Buyer's Markets, suppliers are forced to compete for buyers; this competition drives prices down. The "Undercutting" posters are complaining about is completely natural and is to be expected.

*The current market is mostly free because only NQ materials sold at merchants have set prices. You can not effectively sell NQ Iron Ingots nor Silver Battle Forks more than they cost to purchase from the merchants who sell them.

[Wulfyn]

Then you will just undercut by 1g and it continues? Because I gather my own mats so in the end it is still profit to me?

[Nicobo]

I think many players don't like to manage a lot of item, they just want to sell their stuff fast.
And for those rich ppl buying HQ to reach lv50 in one day, when they want to achieve 3000 crafts in the next day... ^^;

[Empressia]

why undercut by 1k++?
U tired of those punks who camp 24/7 AH or MB or whatever its called in other MMOs and undercuts u by 1 copper / 1 isk / 1 whatever MMOs currency? Good, cuz DEEP UNDERCUTTING is the only way those punks won't bother to waste their precious time to PVP ur market offer!

[Killabye]

Cause this isn't a career despite what some think. It's a game. I pay like everyone else. Just because they play 90 hours a week don't mean they can get over on me. Like someone else said, I'll crash the fuckin market. They wanna play games we can play lol. I'll dropp the whole board with three stacks, come back and redrop it, fuck anyone below me. They under cut again I buy them out. I figure anyone on the market is trying to **** someone over, I just give what I get.