Undercutting by 1 gil?

[Beckett]

If the item I want is up for 999 gil and 1,000 gil, I'll always buy the 1,000 gil version (assuming taxes aren't a factor). The guy who had his up for 1,000 has had it up longer, and deserves the gil more.

[Altena]

I personally undercut by the approximate tax price.
1g undercuts are rather pointless. You are basically banking on the item being in the same region as the retainer you're undercutting, and/or the same region the player is buying from, or the player who is buying is oblivious to the tax system.

Undercutting by the rough tax amount does a few things - it opens your item up to be a higher priority in all regions to those who actually know how the tax system works and it also puts your item at the top of the list for those that are oblivious to taxes or are in the same region as your retainer. Finally it doesn't completely tank the price because tax is a small percentage of the item value..

Huge undercuts are unnecessary though, unless the item itself is just flat out overpriced to begin with and is stagnant.

However if undercuts get you salty, then you shouldn't be in the crafting business. Because it's going to happen - in every game and every market where prices are visible. Just have to accept the fact that people are going to undercut you - by 1g or 100k gil.. It happens. Just learn to adjust the items you focus on.

[Snow_Princess]

I personally undercut by the approximate tax price.
1g undercuts are rather pointless. You are basically banking on the item being inthe same region as the retainer you're undercutting, and/or the same region the player is buying from, or the player who is buying is oblivious to the tax system.

Undercutting by the rough tax amount does a few things - it opens your item up to be a higher priority in all regions to those who actually know how the tax system works and it also puts your item at the top of the list for those that are oblivious to taxes or are in the same region as your retainer. Finally it doesn't completely tank the price because tax is a small percentage of the item value..

Huge undercuts are unnecessary though, unless the item itself is just flat out overpriced to begin with and is stagnant.

However if undercuts get you salty, then you shouldn't be in the crafting business. Because it's going to happen - in every game and every market where prices are visible. Just have to accept the fact that people are going to undercut you - by 1g or 100k gil.. It happens. Just learn to adjust the items you focus on.

I tested this with different retainers and so on, people buy the first listed, higher tax 90% of the time (really large amount) it is rare to see people paying attention to where the seller is and paying less overall.

Though logic tells me people do on very high priced items, they may just teleport to the cheapest listed, I am not sure. I am not motivated enough to make large investments in a poor econ system like ffxiv's is. Reason being is I do not want to have a big loss when someone crashes an item.

[Vahlnir]

I tested this with different retainers and so on, people buy the first listed, higher tax 90% of the time (really large amount) it is rare to see people paying attention to where the seller is and paying less overall.

Though logic tells me people do on very high priced items, they may just teleport to the cheapest listed, I am not sure. I am not motivated enough to make large investments in a poor econ system like ffxiv's is. Reason being is I do not want to have a big loss when someone crashes an item.

I might be in the minority, but who knows, but I will always teleport to wherever the cheapest option is to buy an expensive item (aka something in the millions of gil). If it's something like a glamour prism I'll just snag the cheapest I see most of the time regardless of the item location.

[Whocareswhatmynameis]

It doesn't save the buyer any money

Yes it does, it saves the buyer 1 gil.

[Alleo]

Yes it does, it saves the buyer 1 gil.

A bit of nitpicking: It depends if they truly saved themselves 1 gil. I often buy something that is more expensive simply because I dont have to pay that much taxes thus even if something costs more on paper it will be cheaper under certain circumstances.

[Legewiel]

for me he was trolling, he didn't even got back to the thread after 8 pages of answers XD

[Darker_Midnight]

If I sell in bulk, I probably want those items gone and I will undercut by 1 gil. If I'm selling tiny stacks of highly valuable items, I'm banking on selling in the right city with a competitive (but not asinine 1 gil undercut) pricing.

Now, I'd rather be undercut by 1 gil than have people undercut by 500-1000 gil or, and I don't know what these people are thinking, 10,000 or more gil.

Mostly I avoid major price wars by simply having retainers spread out across cities and selling for those particular markets.

[TheCount]

I mean....seriously? Is there a more annoying thing to do? It doesn't save the buyer any money, it's just some guy going "Give me your gil instead of this other guy". I've been seeing this trend all over the place lately. Does this even work? Seriously, people, you see this? Pick the next seller up on the list just to spite them.

Really? You're upset over THAT? Undercutting by 1 gil is what you're supposed to do and what any that sells stuff on the market SHOULDNT get upset over, or would you rather see people constantly undercutting by 1k or more and completely crash the market in no time at all? I'd rather someone undercut me by 1 gil than undercut me with 1k every time, there are people that do that and I hate those because it takes forever to repair that damage to the prices/you investing to bring the prices back up.

[Lazaruz]

Really? You're upset over THAT? Undercutting by 1 gil is what you're supposed to do and what any that sells stuff on the market SHOULDNT get upset over, or would you rather see people constantly undercutting by 1k or more and completely crash the market in no time at all? I'd rather someone undercut me by 1 gil than undercut me with 1k every time, there are people that do that and I hate those because it takes forever to repair that damage to the prices/you investing to bring the prices back up.

On the flip side, I actually hate the people who only undercut by 1 gil, because it's a lazy and blatant attempt to get "first" on the MB listing, without having to actually pay the price of such a "advantage". It's also why I will admit I get a weird kind of schadenfreude by once I come across someone like that, I deliberately attempt to crash the price, since as a high level crafter and gatherer, most of the stuff I make explicitly for selling have rather wide profit margins, and I dont care enough about the marketboard economy to try and maintain something that the next 10 people could move in, and immediately "damage" (in your own words). Better to just sell what I have, and move on with my day so I can enjoy the rest of the game.

If you really want that top spot, as far as I'm concerned, you should be prepared to loose far more money then just 1 gil.