Undercut Hell

[Kamil]

Slowly but surely, we'll all lose our minds.

[Felessan]

i try to always match lowest, then they undercut and the war begins... to be honest it should be like ffxi was and have blind bidding and if they bid high enough they got the prize

Price war is pretty much a normal thing. It serves several purposes - eliminate stupid people who can't stop once being provoked into price war, keep arrogant people from "easy to do" price manipulation, especially in illiquid markets, drives prices down to supply-demand-component supply equilibrium of decent but still reasonable margins.

Market structure in FF14 is much better than it was in FF11, it punishes hard for arrogance and simple manipulation techniques. FF11 was only better because 80% of the game depends on market and it was basically "pay2win" game - whether you have a lot of gil to buy ridiculous amounts of best for everything sets of equip, or you have not and be a gimp.

[atomicdeath]

When I lower prices on the market, I take into consideration how much the item is selling for. If its a million gil item, 1 gil increments is not going to go well. 10,000 gil increments would be about right. But for something that costs 50,000 gil, dropping the price around 1,000 sounds reasonable.

Always check the sell history though to see if the current prices are too over priced.

[dragorian]

I under cut ppl I hate it when some one sell an low lv item that take less than 10 min to make and charge like 25k for one piece of lv 20 gear I charge what is fair so I charged 6k or less depending what it is like aldgoat skins and leather or like ice shards I thought I saw at over 64k a stack so ya id under cut like hell id charge 1k per stack and and id sell 64 stack and still make close to that of one and id sell out and to be honest to all you ppl who cry about under cutting it is called fierce competition it happens in real life it like trying to sell a beene baby since when they came out they were a lot on the resale and years later they are next to nothing another example pc bk in 99 vs 2015

[Stihllodeing]

post #97

So true.

I try pretty hard to maintain some sort of "sportsmanlike conduct", but sometimes I can't help but think, "Ok, deeznutz wants to sell (insert lvl 15 item that takes 5 minutes to make) for (insert price only affordable buy using rtms)......IIIIIIII think I'm gonna NOT charge that".

So ya, being competitive and irresponsible are two different things imo.

[kaworutabris]

There are two main types of items: high volume low margin, low volume high margin. Most crafters prefer the high margin items. The problem is, some people have all day to lower prices by 1 gil back and forth. Those people will make your life miserable if you don't have the same amount of time to watch the mb all day. This could be avoided by adding a 1% tax your retainer charges to the asking amount when you list/change prices. If you are selling a 3 million item, and it costs you 30k to lower the price by 1 gil you will be less inclined to spend all day undercutting each other by 1 gil.

[MilesSaintboroguh]

I guess everyone is a merchant in Ul'dah?

[Lyrinn]

I guess everyone is a merchant in Ul'dah?

Not even, those Ul'dahn merchants are babies compared to the ruthlessness of the MB.

[Sadonix]

Price war keeps the market healthy,and doubles as a profit for indirectly getting rid of those RMT imo.

[Blitzace]

Tell me, How does selling items for 1.5kk make any sense when the mats it self cost over 2kk?