Lets Talk About UNDERCUTTERS!!!!

[ElHeggunte]

Because I can, they are useless and I don't need them.

So then... give them to the vendor? I just don't understand why someone would slash the price so much on something that'll clear the MB fast anyway. If the item is that useless and you care that little about profit, just drop it on the ground or give it to a vendor.

To each his own I guess, but that kind of behavior is exactly why threads like these are started. There's nothing inherently wrong with undercutting and people can do what they want with their items, but it gets frustrating when people take it to the extreme for no real reason other than "because [they] can".

[AlphaSonic]

Wait wait wait, so you can make money overprizing your shit, but I can't make money undercutting? Sorry you are just greedy people annoyed because I'm selling something for less money than you. I'm pretty sure I will make happier someone with my items than you trying to sell your overprized mats.

[Anzaman]

When I started this game, I was completely clueless about how listing items to market board worked, so I didn't touch the price and just sold them with the amount of gil the window show'd me.. so I ended up selling some items with vendor price, haha. Was surprised how fast people purchased my items.

Nowadays I check the price; if it's one item, like materia, and there's some listed for ex. 2.200 gil / each, I usually drop it to 2.150 or 2.100 gil. But when it's stacks, like with ore, I usually drop it by 5-10 gils each.

[Sapphic]

What they don't like is that certain crafters rushed to 60, gouged the market because supply was low so they could overcharge. Now more players are getting to 60 with DoH and DoL jobs their monopoly has been torn apart by increased supply.

[Ageofwar]

What they don't like is that certain crafters rushed to 60, gouged the market because supply was low so they could overcharge. Now more players are getting to 60 with DoH and DoL jobs their monopoly has been torn apart by increased supply.

I though this is basic economics of supply and demand

more demand = higher prices
more supply = lower prices

or am i missing something?

[LineageRazor]

When I craft, I feel a bit more like the "people's crafter" ensuring fair prices for items.

The problem with being a "people's crafter" is - how do you ensure that the item is obtained by the "people"? And who ARE these "people" anyway? My guess is that you have some price in mind that you consider to be "fair". A fair price, presumably, would be what you, personally, would be willing to pay for the item. That's pretty subjective! This game has all kinds of people, some who struggle to maintain a gil balance measured in tens of thousands, and others for whom ten million is chump change - different people are going to have vastly different ideas as to what a fair price is.

But let's go along with the price you've arbitrarily assigned. You put it up for auction. If the item is popular and in high demand, everyone is going to want it, both the people with 10k gil to their name and the folks who can spend millions and not even blink. All of them will be interested in paying your low price, and the auction house has no mechanism to ensure that rich folks are unable to buy your product. Because of supply and demand, folks will buy your low-cost item (if you're very lucky, it will be one of the "people" you intended it for, but just as likely not) and prices will quickly return to whatever folks are willing to pay.

I already expressed my doubt that the rich have as much influence on the markets as many of them think they do - but that goes the other way, as well. Trying to sell low to stick it to the man is just as ineffectual. Your low cost items will sell quickly, and the market will return to normal, whatever normal happens to be. Trying to fight supply and demand simply doesn't work outside of very short-term fluctuations.

Additionally, 99% of the time when folks moan and whine about items being too expensive, it's about LUXURY items, not common rank-and-file leveling equipment or whatever. Luxury items are exactly that - a luxury. It's part of what it means to be wealthy, both in game and in real life, that you have more to spend on stuff that's useless but pleasant to have. It's an incentive to succeed, a reward for scrimping and saving. I don't have a lot of sympathy for folks who cry because the Bustier or whatever is so expensive, but are unwilling to get out there and farm materials and items to sell to earn their way up to it, instead insisting that crafters sell at a loss to put the items in their price range. That's just not how an economy works.

[ElHeggunte]

snip

Let me explain myself another way.

Scenario A: You have an item that's listed for 15,000,000 gil. You check the sale history and realize not a single one has sold in weeks. So you start moving the price down gradually over the course of a few days until you finally find a price someone is willing to pay. That final price winds up being in the neighborhood of 5,000,000.

Scenario B: You have an item that's listed for 1,000 gil. You check the sale history and realize it sells in an hour or two. You decide to list yours for 990 gil so when the next time someone buys one yours will be the first to go.

Scenario C: You have some items that are listed for 1,000 gil. You check the sale history and realize full stacks clear in five minutes or less. You decide to list all of yours for 100 gil because you don't care and just want to get rid of them.

Scenario A is fine. Scenario B is fine. Scenario C makes absolutely no sense and is the kind of frivolous undercutting that's frowned upon.

[Ageofwar]

snip

ooo what about Scenario D (or more likely an amendment to C)

You have some items that are listed for 1,000 gil. You check the sale history and realize full stacks clear in five minutes or less. You decide to list all of yours for 100 gil even though it sells to an NPC for 120 gil <- this just drives me nuts

[Ashkendor]

Because I can, they are useless and I don't need them.

Cool, free profit for me when I pick up your items and flip them for double the price.

It's nice to have people around that hate money. :3

[sirDarts]

Cool, free profit for me when I pick up your items and flip them for double the price.

It's nice to have people around that hate money. :3

Yup. Enjoy that. It's a win-win situation. The seller gets rid of the item and gets money, you get more money.

If you are not a crafter there are few things you NEED gil for, and those are rather cheap.