Undercutting

[Dashuto]

^^ is why I play the long game and don't change the prices of my stuff from day to day

Strangely enough I would love to be that way. I've just got to admit it- when I see the hare running I end up chasing on instinct. Its a little stressful, but sort of fun at the same time?

I would encourage most people to take the relaxed approach, even if it would seem very strange for me of all people to endorse that.

[Aussir]

To sum up this thread:

1 - WAAH!! MOMMYYY!!! PEOPLE ARE SELLING CHEAPER THAN ME!! NO ONE BUYS MY STUPIDLY OVERPRICED STUFF!!! WAAAAH"
2 - Yo, I control the market, yo... yo... hohoho... something...
3 - BUT OP MUST SELL!!! WAAAH! I HATE YOU PEOPLE SEELING CHEAPER!
4 - hohoho... market control...

/facepalm

So you can't be rich immediately? Oh noes...!!111ONEONEONEELEVEN... Who the hell cares? People will sell at the price they see fit, the buyer has the choice to buy or let it rot. If your horrendously over priced items are rotting about, lower the price or watch them rot some more. It's a buyers' market.

[Eye_Gore]

I forget what exactly I was selling. But as my usual technique when I go to the MB and the item I want sell has none up for sale, just for the heck of it I put it up for sale for outrageous amount, 20 million. They say there is a sucker born every minute, so what is there to lose? After a couple days I will checked on it. There was another for 19,999,999. So I immediately dropped my price to what the last time it sold for, 200. Sold within an hour or so.

[baopee]

I forget what exactly I was selling. But as my usual technique when I go to the MB and the item I want sell has none up for sale, just for the heck of it I put it up for sale for outrageous amount, 20 million. They say there is a sucker born every minute, so what is there to lose? After a couple days I will checked on it. There was another for 19,999,999. So I immediately dropped my price to what the last time it sold for, 200. Sold within an hour or so.

that is pretty close to what i did, i sold my mini opo-opo for 4 mil gils lol. there was one on MB was asking for 2 mils, so I set mine at 5 mils, 2 days later that seller change his/ hers to 4.9 mil, i drop mine to 4 mils and it was sold 2 days later.

I mainly only sell one thing on MB, if anyone tries to undercut me, I would buy them all off and I would also buy off some people who are asking more than what I am asking so I can raise my asking price.

[Lord_Zlatan]

this thread is lolzy

[Lux_Rayna]

If you think undercutting is stupid look at walmart or amzn. Thats all that needs be said. At the end of the day you need x amount of sales at y% profit margin in z amount of time. If all of those variables are favorable, you are running a good business.

[HeroSamson]

Also Everyone undercuts, saying you haven't is a load of crap.

[Spetsnaz]

It is when the retard undercut you soo low where you can make a profit just selling the item to an npc. I've seen people selling things on the AH for 1 Gil when you can just npc it for 4-20 Gil.

That's when you buy it and re list it... I made over 100k the other day after mining electrum because when I went to put them on the MB, I saw they had dropped to almost 100 each down from the 250 average I'd been used to... Long story short I bought all the overly cheap ore and register for free profit.