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Thread: Undercutting

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  1. #28
    Player Dashuto's Avatar
    Join Date
    Aug 2011
    Posts
    317
    Character
    Dashuto Moragan
    World
    Hyperion
    Main Class
    Gladiator Lv 50
    Quote Originally Posted by Niwashi View Post
    snip
    So many replies with people telling me they know what I'm doing better than me- despite not being me and not doing what I do.


    I do turn a profit, thats why I'm still doing it. The entire point was that I discourage another from competing, as in- they stop attempting, because the moment they see my retainer they know whats going to happen.

    I didn't mean to make people so upset with this- but I'm more shocked at all the people who simply don't know what they're talking about trying to tell me what I am or am not doing. I am pretty sure I know what I'm doing, as I go into the menus and do it all the time, and pull the gil out. So don't tell me I'm not succeeding in discouraging my competition, or only making profit when others do.

    Example from past few days:
    I crashed the prices on some materials over the past 2 days by dumping a massive overstock, they hit rock bottom while barely any sold.

    Then myself and at least one other swooped in and cleaned them out to nearly the last ones on server.
    Thenhe/she/they attempted to price fix them above their previous market value. Realizing this, I priced a roughly a third of my stuff just below theirs.
    They bought it all out!----- And repriced it at the same price as theirs into the market: Trying to maintain control for their high price.
    The second I saw them do this, I crashed everything back down to below the previous bottom we both bought/stocked the items at.
    Now they dumped all their stuff back in- in a complete panic. They matched the new lower price (that was below what they previously stocked it all up on). This means they were willing to offload the items at a loss to exit the market.
    I then swooped the bulk of it up, price fixed above the price /they/ attempted to fix at, and am now making profit off both my stock and theirs that I got them to sell to me at a loss for themselves
    With them gone, I'm the only one pricing through 4 retainers all at around that price- and so I am the only one selling it at this inflated value. At least for now.

    This has accomplished a few things in a short frame of time:

    1. I have eliminated someone with buying power from that specific market- at least for the short term they seem unwilling to butt heads with me.
    2. I have caused them to lose gil in attempting to compete with me- it is probable they will remember my retainers and activity from this instance involving us- and I would encourage this notion.
    3. Not only have I arranged the market into a profit for myself, but I was able to stretch it farther and make even more profit than I had anticipated- all while accomplishing the previous 2 tasks.

    I go back and forth with other market board hawks- including ones trying to think just like me, nearly every single day. Most aren't as bright as they seem, and are incredibly panicky and corner themselves like this example.

    My point is when you see people undercutting and doing all sorts of stuff with the market, all most folks think about is "damn! gotta reprice my goods!" or "damn jerk! who do they think they are!"
    The reality is that there's very many, and I do mean many- out there with a specific goal in mind when you find things being priced strangely.
    (1)
    Last edited by Dashuto; 10-09-2014 at 03:01 PM.