Undercut Hell

[kidvideo]

The vending machine scenario works.

Incorrect. Your vending machine scenario is essentially price fixing. More often than not, the sodas & beverages are all from the same parent company.

[Aunalise]

This thread is so entertaining!

If you undercut me by 1 gil I'm going to drop it 10k til you stop. Put it at the same price if you want but the 1 gil stuff is beyond annoying and I'm not going to stalk the boards to play your 1 gil game.

I never buy th 1 gil undercutters.

OP talks about maintaining the economy. You know when I go to the vending machines down the hall... All of them sell drinks for the same price.

LOL. Love to find someone who would undercut by 10k every time. At some point I buy the item from them myself, turn around and realize more profit from it than they just did when I bought it.

A vending machine is owned by one guy or company, and he sets ALL the prices on everything in it. The Board is 1000s of people selling the same items at different prices because they each value them differently. The 1g undercutter may value it at 40K less than current market price, but he isn't going to leave 40K on the table if he's smart.

[Squa11_Leonhart]

This thread is so entertaining!



LOL. Love to find someone who would undercut by 10k every time. At some point I buy the item from them myself, turn around and realize more profit from it than they just did when I bought it.

A vending machine is owned by one guy or company, and he sets ALL the prices on everything in it. The Board is 1000s of people selling the same items at different prices because they each value them differently. The 1g undercutter may value it at 40K less than current market price, but he isn't going to leave 40K on the table if he's smart.

This doesn't work when you have more stock up then they can afford to buy.

Market control is half part saturation and half part pricing.

[Micro_Machine]

I hope i'm not the only one who feels this way, but it's actually the 1g under-cutters that annoy me and I purposely avoid them and purchase the item below them.

If you want me to buy your product out of 60 others, it is going to take more than just being top of the list and 1g cheaper.

[Amenian]

I hope i'm not the only one who feels this way, but it's actually the 1g under-cutters that annoy me and I purposely avoid them and purchase the item below them.

If you want me to buy your product out of 60 others, it is going to take more than just being top of the list and 1g cheaper.

So what's the magical number that you think people should be undercutting by? 5 gil? 10? 100? The entire point of undercutting is to get your item to be the first on the list to attract the maximum potential buyers. Undercutting by 1 gil isn't being spiteful, it's business plain and simple. Personally, I usually undercut rounded down to the next 5 gil unless the item is less than 100 gil then I'm a 1 gil undercutter.

[Ren_Taka]

Vendor prices are WAY too low. Currently, you have two options: vendor it for next to nothing (most items < 10 gil) or put it up on the market board. If vendors offered a reasonable price for items, then I think a lot of the undercutting casuals would vendor items rather than deal with the hassle of the market. For example, a housing item is up on the market for generally ~50k. The vendor price is 100 gil. This is too much of a gap and doesn't reflect the rarity of the item. So the people who need money put it up for a fraction of the market price to move it quick. But, what if the vendor price was 5k? I think a lot of people might just vendor rather than deal with the market board and also to have the money in hand. You combine this with the limited space to sell and it puts a lot of pressure for people to make quick sales.

[NyarukoW]

Vendor prices are WAY too low. ....

Whatever the vendor prices, the mark demand will set a price that will in no ways match the vendor price. You see items that can be vendor for 2 gil being sold on the MB for 1 all the time, and even stuff for 10gil to the NPC being sold for 1. If you increase the NPC payout for items, all that does inflate the money supply. What was 10 gil going for 5000, will induce what is was 50K to be 25 mil.

Do what you want. But don't do it then complain that someone else did it to you.

Who is complaining? Certainly this thread was not started by the undercutters and not those who undercut by 1 gil.

Absolutely nothing from the vending machine scenario applies to this game. There isn't anything in the game that resembles that market. Supply and demand is constantly shifting in the game, the vending machine is a stable market.

Vending machine. These people have no understanding what a real market is. Even vending machines follow market rules. The prices of item are set by a person who has to adjust them from time to time and change up the items for sale too. It is very much a give an take, just that things in real life for the sanity of everyone has a more stable pricing. People whine/cheer too much on a weekly basis when gasoline prices moves. Heaven forbid they deal with pricing that changes by the second on a stock market.

[CYoung187]

Absolutely nothing from the vending machine scenario applies to this game. There isn't anything in the game that resembles that market. Supply and demand is constantly shifting in the game, the vending machine is a stable market.

[Keyln]

Vending machines are a completely different market. At worst, a vending machine is a monopoly, at best is a oligopoly. The market board economy, on the other hand, is mostly a perfect competition economy.

[Ravno]

It's not fun, when you want to sell something on a competitive market to stay in front of the action house to actualise the price of an item every two minutes for 3 hours straight.
I don't give a damn being undercut, but people shouldn't be able to doing that as much.
I don't think something like a 30 minutes timeout when you can't undercut since you're last price change would be a bad idea.