Please fix constant undercutting & with multiple retainers

[Xystic]

Yes you are correct in some sense that it is up to the player to be competitive but some sellers aren't interested in being competitive they just want to sell their junk for next to nothing (in some cases much lower than the sell to a vendor price) and ruining the market for everyone in the process.

Undercutting is caused by competitiveness. Lack of consumers, too many suppliers causes a competitive market.

Things being sold less than vendor price a lot of times can be influenced by many factors. However, regardless of what reasons made that player sell his/her goods at those prices, you buy them and make a profit off it.

[Jinko]

Undercutting is caused by competitiveness. Lack of consumers, too many suppliers causes a competitive market.

Things being sold less than vendor price a lot of times can be influenced by many factors. However, regardless of what reasons made that player sell his/her goods at those prices, you buy them and make a profit off it.

As mentioned above you can't buy and sell those items for a profit because the supply far outreaches the demand and you also have to account for tax on top of that.

[Estellios]

If they are constantly undercutting then they are willing to reduce their profits possibly because they farmed/gathered/etc their materials and do not lose as much money form dropping the price. If any sort of immediate income is important then sellers will get very cutthroat with their price drops. It's how it works IRL too.

Your only options are to undercut for more immediate profit as well until the seller in question doesn't want to go any lower due the sale losing them money, or to be patient and let this person sell their items as if the price drops significantly crafters won't bandwagon on it and the price will be able to increase.

When I was trying to save money for our FC house I was able to make some good profit by crafting and gathering all my materials for items instead of buying them. My bigger competitors were purchasing the more time-consuming materials off the board which meant they would never want to go under that price whereas I could go as low as necessary to sell my items and still make large sums of money regardless.

[Jinko]

If they are constantly undercutting then they are willing to reduce their profits possibly because they farmed/gathered/etc their materials and do not lose as much money form dropping the price. If any sort of immediate income is important then sellers will get very cutthroat with their price drops. It's how it works IRL too.

I don't see the relation, almost nobody in the real world can be self sufficient outside of a few, and in many cases those are huge corporations.

[Estellios]

I don't see the relation, almost nobody in the real world can be self sufficient outside of a few, and in many cases those are huge corporations.

So you have never heard of price matching or taking X% off competitor's prices? Taking competitor's coupons? It's taking other business away from competitors and why Wal Mart was able to crush small businesses as they are able to price things much lower when smaller businesses need all the profit they can get.

[Jinko]

Of course but that's not really the same thing as economics in a computer game.

[Xiaoyu]

Well, I went ahead and hired myself two more retainers. It's not a solution by any means, but at least now I have more opportunities for things to actually sell...

I'm also stalking this person and undercutting them on everything they make now just to p*** them off. I feel like a scumbag since I'm doing exactly what I was against @.@

[Kabooa]

I would really hate to see that market. Gilgamesh is fairly stable and well moving, at least for the goods I focus on.

[Xiaoyu]

Undercut by a lot. Make it less profitable for him to sell that item.

I'm selling things at 50-70% of the current going price for all DOH/DOL sets (head,body,leg,glove,boots), Militia offhands and jewellery atm. It's gotten to the point where I don't care what happens since it's pretty certain no one will be able to sell anything with this person around. It wouldn't surprise me at all if this person starts undercutting everything I've listed for 1 gil less despite making next to no profit, especially with the weekend mat price spike.

[dspguy]

Depending on what they are selling, you can compete in other ways. Let's say he is selling rose gold nuggets singly for 5k. Sell 5 at a time for 4k. Or vice versa. If he is selling 5 @ 4k. Sell 1 @ 5k. There is a market for different quantities.

But if this guy is constantly updating... that is "time spent" on his part. You need to do the same if you want to compete head to head.