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

[scarebearz]

you have to remember most people don't even have 500k never mind 1mil

By this point in the game I think most who have been playing a while have 10mil+ atleast.

A friend who is very casual and only sells some gathered has well over 15mil now.

[Lucke]

There may be a problem with the "buy up the cheap crap and resell it" strategy.

Let's say I wanna sell an item. We'll call it item A. I look at the price history and see that for the most part, this item sells fairly well at 300k gil. The goods currently for sale are at 150k gil. Assuming I have the capital, I buy up the entire supply and resell everything at 300k. Okay, here's where the problem lies. The person you bought it from just made a sale. He or she will go "Yippie! My item A sold! I'ma put more up!" So what do they do? Put more up at 150k. So Now I have to buy that one and sell it at 300k. But their item just sold again, so they re-list it again...at 150k. So more items are coming in faster than I can (re)sell mine. This depends on the items I guess though.


If the person is smart, she or he will look at the history too and notice the same person bought pretty much the entire supply. If they are REALLY smart, they'll notice the same retainer is selling the same number of items that were just sold...hmmm. Now the undercutter is wise to you and will prolly do everything they can to prevent you from making the 300k sale.

Now, keep in mind I have no idea if this would even happen. I'm not an expert on the MB. I don't have my Doctorate on Marketboardology nor did I write a thesis on the marketboards. I'm just an outsider looking in.

[Eye_Gore]

There may be a problem with the "buy up the cheap crap and resell it" strategy.

Someone or maybe two people together tried this. When I started off my relic and I needed Battledance 3 to meld, I went to the MB to get it. The cheapest one on there was around 300k. Was like, ok I guess I'll make some armour and SB it myself. Then I checked the history, all the previous sales were for around 50k bought up all by the same two names, almost all of it. Guessing they tried to do what you were saying.

Needless to say when I went back a couple days later the prices were back down to 50k and not a single sale of any above 100k.

[chidarake]

By this point in the game I think most who have been playing a while have 10mil+ atleast.

A friend who is very casual and only sells some gathered has well over 15mil now.

I can see that being very true, there's so many ways to make gil its laughable now. but I also see a lot of people spending all their gil and then having next to none again. admittedly only for a few days it would seem.

There may be a problem with the "buy up the cheap crap and resell it" strategy.

the idea would be to do this with something that isn't so easily replaced or the market moves very fast on those items, in which case you wouldn't try to double up usually but maybe get a few sales with a 50% of normal sale price mark-up.

personally I do this so very rarely and usually only on very rare things like flipping a assassin fry for an extra 1.5mil one time.

[Sibyll]

By this point in the game I think most who have been playing a while have 10mil+ atleast.

A friend who is very casual and only sells some gathered has well over 15mil now.

Even though sealants make it insanely easy to get a nice stack of cash, a lot of the players that farm sealant for income spend it almost as soon as they get it. I'm fairly certain most of my Triple Cream Coffee sales are from sealant money.

Your friend must know how to budget well.

[Squand]

There are lots of people who can't figure out a way to make money. Even crafters. It's weird, I run into people and poll strangers a fair amount. And there are people who play in a way that doesn't activate their challenges and they just can't hold onto gil. Also, Relic is a HUGE Money Synch. And for that matter, Lucis is a huge money synch too depending on how you go about it.

There are a lot of poor people on my server, even ones who have been on since launch.

@OP

When you are the last person or second to last person with an item. Reset it. If there are one or two people selling an item, and they are online. PM them and ask them to reset the price with you.

[Victdeus]

All of the complaints I've read regarding MB volatility I have seen occur at some point in time. And frankly, I don't have a problem with any of them. A free market such as the MB will always be flexible. How flexible depends on supply and demand. Supply and demand depends on the activities of all players. You can control a market all by yourself, for better or for worse. It's your choice. But how much gil are you willing to risk to control that market? Responsibility can carry a big price tag...

Some players want a nice, stable market place where they can consistently buy what they need way under price or consistently sell their items at a ridiculous mark up. Arguments that systems like this die to inflation or that they eat themselves alive by players becoming self sufficient to avoid price gougers are wrong as the MB is always changing. So long as new players join the server, new content is released, or new recipes added the market will change, adapt and survive.

[Victdeus]

All players, new and old, should stop complaining about the pricing of items on the MB as there are TONS of ways to circumvent buying or selling specific items at the current price on the MB (and the MB isn't going to change so they're wasting their breath). They should start educating themselves on how they can use the MB pricing to their advantage. I'm new to FF14ARR. I haven't hit 50 with any class and yet I've amassed over 1.7 million gil in my 1.5 months of play (largely from the MB). I don't know the best ways to make money, farm mats, or supply raiders in FF14ARR. I am definitely NOT an expert. I don't have an education in finance or marketing. Heck, I haven't even unlocked half of the systems available for play in the game! But I have sold a large amount of inventory at reasonable, competitive prices.

[Victdeus]

What I DO know is that markets and pricing are based on what a consumer wants and what they as a whole are willing to pay for it. Not what a seller WANTS to sell or what they feel it SHOULD sell for. If you insist on farming/crafting an item that the market is flooded with, you're obviously not going to make much gil from selling it. It doesn't matter what it sold for in the past. Right now, it won't sell for that. Farm/craft something else. Do some research and you will always be able to find a niche market that needs supply. That's where there is gill to be made. If you don't want to study the MB and price trends to gain a better understanding of how it works, that's fine. But you should't expect to have success when working with a system that you refuse to understand.

[DarkDedede]

Another fun way I've found to get the sale is selling in a stack that matches the exact amount needed for recipes that require that material. For example, if a certain housing material is used in groups of 15, 30 and 60, it makes little sense to sell that material in stacks of odd numbers like 13, 24 or 53. I've found that enough buyers (enough to make this practice profitable) are only looking to buy exactly what they need, even if they have to pay a bit more for that convenience. Also, if they use up all the material they purchase, they don't have any leftover materials to sell back on the market. You don't want your buyers to end up being your competition.