Idea against Undercutting at the Marketboard (The next.. )

[Jamyl_Sarum]

mining your own minerals does not mean they are free.

[Wintersandman]

mining your own minerals does not mean they are free.

Mining/Botany is a revenue generating activity and crafting said materials into something to increase the revenue potential. To me it is all revenue generation. It doesn't cost you anything to gather said materials except for the repair costs. So all in all your cost - profit ratio is significantly higher especially if you have the crafting prowess to be able to do your own repairs. If you want to debate the repair costs go for it but the revenue from said materials will be higher than your repairs even if you vendor so it is a wash. So something that doesn't cost you anything is.... free

[Nashred]

Lots of undercutting now is by gil sellers.. On ultros you are seeing it pretty heavy on the market board and they are tanking the market.. I saw on item where NQ goods were selling for like 40,000 and all of a sudden there are lots of HQ stacks for less than 40,000. There were so many put up too it was not funny. Only bots could collect that much.. I saw this on lots of items this weekend I was watching...

[Mission]

Honestly, If I undercut someone its not because I'm trying to undercut someone. When I post stuff on the market, I post it for what seems fair to me, based on the time it spent for me to gather or get the stuff to make or aquire it, and What I would spend to buy something. I rarely even look to see what other people are selling them for. Could I probably make more money...sure, but I'm not greedy.

[tocsin]

So something that doesn't cost you anything is.... free

Costs you time. time is valuable.

We people, who use the marketboard heavily, have a certain value for our time. this is because we don't have an unlimited amount, so we have to use it efficiently.

for instance, I wont even leave my fc room for under a 20k profit. if its something under that, like gathering, I can simply make more from just sitting around desynthing my brass rings.

[Orspeth]

It's a free market and should stay that way. Trying to force people to list at prices you think are fair is wrong. If you can't sell your things because you get undercut, that's really too bad. I post things for what I feel I can afford to, and I price them to sell fast.

[Wintersandman]

Costs you time. time is valuable.

Time is relative so value is relative. You're going to be spending the time doing something and not all time spent is revenue generating.

[Jamyl_Sarum]

opportunity cost.
if i need copper ore to craft something, should i go out and mine the 'free' copper ore or should i go out and mine something else, like electrum for example, then sell it and purchase the copper ore leaving me a net result of copper ore and extra gil for the same amount of time mining. this would indicate a cost to mining free copper ore. potentially a very substantial cost given enough free time is applied. well, a month subscription isn't exactly free but what the hay, i'm not going to nitpick. do whatever is the most profitable and efficient at the time. of course, this is a game so fun trumps all.

[Jamyl_Sarum]

this is a 'just in time' market. buyers get what they want when they need it, not beforehand. also, nobody looks at the board and thinks 'hmm 100k. i think i will wait until someone who needs gil fast lists one for 60k'. what they do is pony up the 100k and go merrily on their way. so, just being the cheapest is pricing to sell fast. the only way it will sell faster is if you price it so ridiculously low a seller will pick it up and re list it at a reasonable price. if you want to be the cheapest, go right ahead. no need to shoot yourself in the face doing it.

[Kiyyto]

Hello fellow Eorzeans,

after having another raging episode on my end after seeing the Marketboards this morning I ask myself why people would undercut massively.


I'm not talking the 17.000 to 16.999 or 16.500; Hell even 13.000..
No I'm talking about dropping from 17.000...

First of all, who are you to determine the CORRECT price of any particular item?

Second, undercutting is EXTREMELY good for the consumer. So you hate your customers?

Third, why would you want to take my single biggest joy away from me?
I love undercutting. I have made obscene gil so it ain't like I'm going broke and I'm always undercutting people to the point where they give up.
And I <3 it.

Welcome to capitalism, cry baby cry cause I can do it better, cheaper, faster, harder, longer
: )